TORCH RIVER RESOURCES LTD
FOR IMMEDIATE RELEASE June 17, 2008
NEWS RELEASE
TORCH RIVER ANNOUNCES DRILL PROGRAMS Torch River
Resources Ltd. ("Torch" or the "Corporation")
(TSX-V: TCR) (FRANKFURT: WNF) is pleased to announce that it has mobilized its
camp at the Red Bird molybdenum property in the central coast of British
Columbia. Two drills will be mobilized by Neill's Drilling on or about June 21,
2008. The drilling program calls for 10-12 pads on the Main Zone east and
central high grade zones (15,000 to 20,000 feet of drilling in total). This
program should finish by mid September. The holes will range from 500 to 2,000
feet in depth. Two of the drill pads on the SW and SE Zones will test near the
best molybdenum and copper areas discovered to date. The drills will start in
this zone in late September and finish in early October.
Torch is
also pleased to announce plans for its Mount Copeland molybdenum property
located near Revelstoke, British Columbia. A camp will be set up in mid July,
2008. Drill Pad #1 should be in place by August 1. FB Drilling Ltd plans to
mobilize its drill soon thereafter. Drilling will be from four pads, with 12
drill holes comprising 4,000 to 6,000 feet in total. Most holes will be 350 to
750 feet in depth. The drilling is expected to end by early September.
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.
FOR
FURTHER INFORMATION PLEASE CONTACT:
William E.
Pfaffenberger
President
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
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.
Forward
Looking Information
This
press release may contain forward-looking statements which may include
estimates, plans, expectations, opinions, forecasts, projections, guidance or
other statements that are not statements of fact, including without limiting
the generality of the foregoing, statements made regarding the Mount Copeland
Property. Although Torch believes that the expectations reflected in such
forward-looking statements are reasonable, it cannot give any assurance that
such expectations will prove to be correct. Results of Torch including its
ability to mobilize and drill on schedule may be affected by a variety of
variables and risks associated with the mining industry such as availability of
human and capital resources, competition, exploration and development plans and
results, anticipated capital expenditures and financing thereof, timing of
applications and approvals. As such the future plans and objectives of Torch
are forward-looking statements that involve risks and uncertainties and may be
based on assumptions that could cause actual results to differ materially from
those anticipated or implied in such statements. Torch's forward-looking
statements are expressly qualified in their entirety by this cautionary
statement. Unless otherwise required by applicable securities laws, Torch does
not intend nor does it undertake any obligation to update or review any
forward-looking statements to reflect subsequent information , events, results
or circumstances or otherwise.
THE TSX
VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY
FOR THE
ADEQUACY OR ACCURACY OF THIS RELEASE