Torch River Resources Ltd.'s Profile

Nahmint Property hosts over 8000 acres on Vancouver Island. The property contains 14 Crown granted mineral claims which contained 3 small high grade copper mines going back to the early 1900s (grades of 7.5%, 9.09% and 17.5% copper).

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Torch River Resources has a 25% interest in an advanced molybdenum property, Red Bird. Reserves have been classified by Giroux Consultants Ltd as 88.21 million tonnes indicated and 63.39 million tonnes inferred. The total 151.6 million tonnes have an average grade of 0.06% Mo at a 0.03% cutoff with 0.068% Cu.

Red Bird is a large porphyry style molybdenum-copper deposit that is still open in all directions.

The company plans to continue resource delineation while advancing the project through economic studies. They also acquired the Mount Copeland property in British Columbia, which is a low tonnage, high grade, molybdenum target that was historically mined. The Mt Copeland property produced exceptional grades as high as 3% molybdenum.

Last changed at 03-Sep-2011 02:41AM by AGORACOM-GT