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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.

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Message: Termination on Nahmint Property Option Agreement
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Termination on Nahmint Property Option Agreement

posted on Oct 14, 2009 04:24PM
October 14, 2009
Torch River Resources Ltd.: Termination on Nahmint Property Option Agreement
CALGARY, ALBERTA--(Marketwire - Oct. 14, 2009) - Torch River Resources Ltd. ("Torch" or the "Corporation") (TSX VENTURE:TCR) (FRANKFURT:WNF) (PINK SHEETS:TORVF) wishes to announce that it has given notice under its Nahmint Property Option Agreement to terminate the Agreement as of 24 October, 2009. Torch has been unable to meet the exploration funding commitments of that Agreement due to financial constraints and current market conditions.

Torch also, with regret, wishes to announce the resignation of one of its founding directors, Mr. James Louie. Torch thanks Mr. Louie for his many years of dedicated service to the company and wishes him great success in his future pursuits.
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