Welcome to the Torch River Resource Hub on AGORACOM

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.

Free
Message: NEWS - Torch River Announces Potential High Grade Moly Zone at Red Bird

Dear Shareholder,

The following response was provided by management:

A small mines permit can be changed in time to a full mine permit.  The idea here would be to produce high grade to get a significant cash flow and use that cash for the process of developing a major mine.  This is one of the reasons small mines permits were allowed. 

Regards,

AGORACOM Investor Relations

 

Share
New Message
Please login to post a reply