Good day:
Please find below some drill results that can only be described as exellent! Four of the holes were long intersections, high grade and near surface. If you have any questions please don't hesitate to call.
John R. Chalcraft, ProActive Communications
#201 - 2383 King George Hwy., White Rock, BC, V4A 5A4
Local: (604) 541-1995; Toll free: 1 (800) 540-1995
email: johnchalcraft@shaw.ca
TORCH RIVER RESOURCES LTD.
FOR IMMEDIATE RELEASE
October 21, 2008
TORCH RIVER REPORTS 144 METERS OF MOLY AT 0.123% Mo
Torch River Resources Ltd ("Torch") (TSX-V: TCR) (FRANKFURT: WNF) (U.S. pink sheets: TORVF) is pleased to announce further drill results in its 2008 program on its Red Bird molybdenum/copper/rhenium property in British Columbia. DDH 153, 154 and 155 are located 258 meters east of, 85 meters north of, and 73 meters higher in elevation in relation to recently reported DDH 08-RB-156. All contain disseminated and fracture filling molybdenite associated with quartz stockwork and K-spar/kaolinite alteration which is hosted in quartz monzonite porphyry. A sixteen hole program with a total of 5,000 meters of drilling has now been completed on Red Bird in 2008 with four holes remaining to be reported.
The results of assays on the Diamond drill holes (DDH) are as follows:
DDH 153 | From - To (meters) | Length (meters) | Mo% | Cu% | Equivalent Mo% |
| 0-20 | 20 | .116% | .056% | .120% |
20-40 | 20 | .106% | .031% | .108% |
46-54 | 12 | .097% | .036% | .100% |
76-100 | 24 | .087% | .043% | .090% |
DDH 153 ended in mineralization (mostly copper) at 152.3 meters depth
DDH 154 | From - To (meters) | Length (meters) | Mo% | Cu% | Equivalent Mo% |
| 2-70 | 68 | .115% | .046% | .118% |
70-108 | 38 | .098% | .039% | .101% |
DDH 154 ended in mineralization (mostly copper) at 148 meters depth
DDH 155 | From - To (meters) | Length (meters) | Mo% | Cu% | Equivalent Mo% |
| 2-146 | 144 | .123% | .046% | .126% |
DDH 155 ended in mineralization at 243.9 meters depth
DDH 159 was drilled 200 meters east of DDH 08-RB-156. This hole was previously reported, however, some data was incomplete, so the final results are being restated.
DDH 159 | From - To (meters) | Length (meters) | Mo% | Cu% | Equivalent Mo% |
including | 10-40 | 30 | .076% | .045% | .080% |
40-90 | 50 | .123% | .029% | .125% |
72-84 | 12 | .191% | .033% | .193% |
90-170 | 80 | .072% | .061% | .078% |
170-212.6 | 42.6 | .016% | .171% | .032% |
DDH 159 ended in mineralization at 212.6 meters depth
DDH 160 was drilled 100 meters east of DDH 08-RB-156.
DDH 160 | From - To (meters) | Length (meters) | Mo% | Cu% | Equivalent Mo% |
| 240-292 | 52 | .072% | .014% | .073% |
474-496 | 22 | .083% | .034% | .085% |
DDH 160 ended in mineralization at 506 meters depth
Note: Equivalent molybdenum percentages were calculated using prices of $30.40 and $2.15 per
pound of molybdenum (Mo) and copper (Cu) respectively.
Torch is very encouraged as these results show long strike lengths of mineralization from surface in four of the above reported holes. This complements the above average Mo geochemical and assay values received in 2008
We will report further results as they become available. Further holes in the program further tested these areas of the Main Zone and also parts of the Southeast and Southwest Zones. Torch is interested in the potential of high grade sub-zones of the Main Zone as they might relate to a possible starter pit for future production and also the potential for high grade potential underground resources.
A diagram of the location of these drill holes of the 2008 program can be viewed at http://www.corebox.net/properties/red_bird/ or at Torch's web site at www.torchriver.ca
Andris A. Kikauka, P. Geo. is a Qualified Person under NI 43-101 and has reviewed and approved the technical data in this press release.
Torch is a company listed and trading on the TSX Venture Exchange, symbol: TCR
Dr. William E. Pfaffenberger
President and CEO
Torch River Resources Ltd.
Telephone No. (403) 444-6888
torchriver@telus.net
FOR FURTHER INFORMATION PLEASE CONTACT:
ProActive Communications Co.
Local Vancouver: (604) 541-1995
Or toll free (800) 540-1995
For all Torch River investor relations needs, investors are asked to visit the Torch River IR Hub at http://www.agoracom.com/IR/Torchriver where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to tcr@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE