TORCH RIVER RESOURCES LTD.
FOR IMMEDIATE RELEASE
June
28, 2010
Torch River Updates on Geological Work Conducted on the Fort-Elden
Property
Torch River Resources Ltd. ("Torch" or the "Corporation") (TSX-V: TCR)
(FRANKFURT: WNF) (U.S. pink sheets: TORVF) is pleased to update on geological
work conducted on the Fort-Elden property.
The Fort-Elden
property is comprised of 12 mineral tenures that total 1,611.5 hectares
in area. The mineral claims are
located 100 km
west of Fort St James, BC. The
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. 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.
In March 2010, Torch
carried out geochemical soil and rock chip sampling, and geophysical
magnetometer fieldwork on the Elden Breccia Geochemical highlights (based on
Pioneer Laboratories Inc, geochemical analysis certificate 2102609) of the
Elden grid include:
1- Greater than 1 ,000
ppm Cu in soil in a 350 X 70 m
area in the center of the grid (Breccia Zone)
2- Two 200 X 100 m areas (500-2,200 ppm Cu
in soil), located 150 m
NE and 150 m
SW of the Breccia Zone.
3- Anomalous Ag and Au
geochemical values correlate with the Cu in soil anomalies, Mo. is sharply
anomalous in the Breccia Zone.
4- Rock chip sample ELD10AR-7, angular sub-crop
from the center of the Breccia Zone consisted of chloritic schist with quartz-carbonate-sericite-ankerite
alteration, and limonite, pyrite and magnetite mineralization and contains
0.11% Cu, 1 ppm Ag, 39 ppb Au, and 26 ppm Mo
Follow-up fieldwork
by Torch in May, 2010 consisted of geological mapping, geochemical rock and
soil sampling, and magnetometer geophysics focusing on extensions of the Elden
breccia showing in a 1 X 2 km
area. A total of 20 rock chip
samples were taken. Highlights from
rock chip and soil sample geochemical analysis are listed as follows (Pioneer
Labs Inc., report 2102647):
A.
Rock Samples
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
|
ELD-10-AR-64
|
subcrop
|
pyrite-chalcopyrite
|
near L 5800 N, stn 3700 E
|
ELD-10-AR-65
|
subcrop
|
pyrite-chalcopyrite
|
near L 5700 N, stn 3750 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
|
|
|
|
|
|
|
|
|
|
|
|
B.
Soil Samples
Soil sample geochemical highlights (Elden Grid, May, 2010)
soil sample line northing
|
soil sample stn. easting
|
ppm Cu
|
ppm Ag
|
ppm Zn
|
ppm Mo
|
4500 N
|
4750 E
|
109
|
0.6
|
325
|
30
|
4500 N
|
4800 E
|
230
|
0.6
|
87
|
20
|
4600 N
|
4450 E
|
84
|
1.2
|
146
|
60
|
4600 N
|
4600 E
|
222
|
0.7
|
307
|
7
|
4700 N
|
4400 E
|
35
|
2.7
|
404
|
4
|
4800 N
|
4400 E
|
27
|
3.1
|
406
|
3
|
4800 N
|
4450 E
|
147
|
2.1
|
459
|
10
|
4900 N
|
4300 E
|
536
|
2.0
|
763
|
3
|
4900 N
|
4350 E
|
118
|
2.7
|
165
|
1
|
*4900 N
|
5300 E
|
35
|
1.1
|
911
|
2
|
*5100 N
|
5400 E
|
464
|
0.7
|
1372
|
4
|
5200 N
|
3700 E
|
417
|
1.3
|
123
|
4
|
5300 N
|
3350 E
|
397
|
0.6
|
103
|
4
|
5400 N
|
3550 E
|
576
|
1.2
|
75
|
6
|
5500 N
|
3400 E
|
427
|
1.7
|
139
|
2
|
5500 N
|
3450 E
|
782
|
1.8
|
179
|
3
|
5500 N
|
3650 E
|
239
|
0.5
|
78
|
3
|
5800 N
|
3400 E
|
432
|
0.7
|
194
|
4
|
6100 N
|
3650 E
|
335
|
0.5
|
117
|
4
|
6100 N
|
3700 E
|
419
|
0.8
|
123
|
6
|
6200 N
|
3650 E
|
235
|
0.4
|
108
|
7
|
6300 N
|
3500 E
|
356
|
0.1
|
54
|
10
|
*Recce grid soil samples
A total of 159 soils
were collected in areas of magnetic, IP chargeability geophysical anomalies. Soil
sampling in May, 2010 identified numerous extensions of the
copper-silver-zinc-molybdenum in soil geochemical anomalies. The southernmost geochemical soil
anomalies contain elevated molybdenum.
The Recce grid (north zone) is located 1 km east of the Elden
grid. The Recce mineral zones occur
in metamorphic terrain along a ridge crest and have a strike length in excess
of one kilometer. The Recce grid (north
zone) has elevated Zn-Cu-Ag located near the crest of a ridge. These grid
locations will be mapped and sampled to investigate causes of anomalous
Cu-Ag-Zn-Mo in soil samples.
Torch is encouraged
by the findings and as a result is planning to perform mechanized trenching of
the Elden Breccia and related geochemical and geophysical anomalies within 2 km of the Breccia Zone.
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 43-101.
William E. Pfaffenberger
President and Chief Executive
Officer
Torch River Resources Ltd. (www.torchriver.ca)
Telephone No. (403) 444-6888
or
ProActive Communications Co.
Local Vancouver: (604) 541-1995
Or toll free
(800) 540-1995
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this release.