Torch River Begins DrillingTorch River Begins Drilling Fort-Elden for Copper/Silver/Gold
Press Release Source: Torch River Resources Ltd.
On Wednesday June 29, 2011, 8:30 am EDT
CALGARY, ALBERTA--(Marketwire - June 29, 2011) - Torch River Resources Ltd. ("Torch" or the "Corporation") (TSX VENTURE:TCR - News; FRANKFURT:WNF - News; PINK SHEETS:TORVF - News) announces thatit has established a camp and is beginning its program planned for up to 7 holes and 1,700 meters of drilling at its wholly owned Fort-Elden property, located 100 km west of Fort St James, BC, and covers 1,836.2 hectares. The Fort-Elden property features copper-silver-molybdenum-lead-zinc-gold bearing sulphide minerals which include chalcopyrite, pyrrhotite, pyrite, molybdenite, sphalerite, galena and covelite. Associated alteration minerals include K-feldspar, sericite, kaolinite, biotite, silica, magnetite, hematite, chlorite, muscovite, jarosite, ankerite, epidote, garnet, sphene, apatite, and trace amounts of lucoxene and zircon. There is a greater than 1,000 ppm Cu in soil located in a 350 X 70 m area in the center of the Breccia Zone. Geochemical analysis of soil from the Breccia Zone shows elevated Mo & Au. The Breccia Zone is the focus of the Corporations 1,700 m of diamond drilling. Mineral deposit types present on the Fort-Elden property are classified as porphyry and epigenetic characterized by disseminated, vein and breccia hydrothermal systems. The Elden Breccia features abundant secondary K-spar alteration, secondary green biotite, and hydrothermal silica.
A total of 20 rock chip samples were taken on the Elden Breccia (Elden grid, May, 2010). Highlights from rock chip and soil sample geochemical analysis are listed as follows (Pioneer Labs Inc., report 2102647):
Rock sample no Width Minerals Description
ELD-10-AR-54 38 cm pyrite-chalcopyrite roadcut
ELD-10-AR-55 60 cm pyrite-chalcopyrite roadcut
ELD-10-AR-57 subcrop pyrite-chalcopyrite on L 5700 N, stn 3436 E
near a break in slope
ELD-10-AR-58 subcrop pyrite-chalcopyrite roadcut
near L 5800 N, stn 3700
ELD-10-AR-64 subcrop pyrite-chalcopyrite E
near L 5700 N, stn 3750
ELD-10-AR-65 subcrop pyrite-chalcopyrite E
Rock sample no ppm Cu ppm Pb ppm Zn ppm Ag ppb Au
ELD-10-AR-54 3911 233 286 16.1 1
ELD-10-AR-55 1925 119 219 6.3 1
ELD-10-AR-57 1175 116 138 6 16
ELD-10-AR-58 1000 133 168 4 2
ELD-10-AR-64 1411 34 102 2.5 3
ELD-10-AR-65 1445 25 75 1.6 9
Fieldwork and data compilation on the Fort-Elden Project was carried out by Andris Kikauka, P.Geo., a Qualified Person for the purposes of NI 43-101and has approved this news release.
It could be interesting times ahead ... hope this will give a gain in the SP
GLTA
IB