EuroIR

Torch River Resources Ltd. (WNF: Frankfurt)
CORPORATE PROFILE
As of January 1, 2009

• Focused On Moly In B.C
• 43-101 Moly resource of 118 Million Lbs. Indicated,
• 77 Million Lbs. inferred
• Active Exploration Program
• Experienced Management Team

COMPANY OVERVIEW

Torch River Resources Ltd. is a company engaged in the exploration of Molybdenum, Rhenium and Copper in British Columbia. The company’s current focus is on the Red Bird property located at Haven Lake in west central British Columbia.

PROPERTY OVERVIEW

Exploratory work to date has shown that the Red Bird deposit is comprised of three zones of molybdenum concentration referred to as the Main, Southeast and Southwest zones within a property totaling 1,836 ha (4400 acres) and is located 133 km southwest of Burns Lake and 105 km north of Bella Coola. The Red Bird mineral claims are bordered by the boundary of Tweedsmuir Park to the east and north. This park is a designated protected area that excludes all industrial activities including mineral exploration and development. The entire claim area is open to mineral exploration and development. In the Haven Lake area, the park boundary corresponds to the drainage divide between the coast and interior watersheds. This drainage divide is also the boundary between the Omenica and Skeena Mining Divisions. Access to the property is via float plane in June-October and by helicopter in winter. Float plane access is available from Nimpo Lake and Bella Coola located south of the property and from Burns Lake or Houston northeast of the property. The property is open to the southwest and lies 45 kilometers from tidewater.

The previous NI 43-101 report on Red Bird was completed in the summer of 2007 and a comparison with the new update gives the following (using a cut off grade of .03% Mo):

The company announced further drill results in its 2008 program on its Red Bird molybdenum/copper/rhenium property in British Columbia. DDH 149 and DDH 151 are located 258 meters east of, 125 meters north of, and 101 meters higher in elevation in relation to recently reported DDH 08-RB-156. Both holes contain disseminated and fracture filling molybdenite associated with quartz stockwork and K-spar/kaolinite alteration which is hosted in quartz monzonite porphyry. The bottom of DDH 149 ended in hornfels andesitic tuff/flow with increased copper. A sixteen hole program with a total of 5,000 meters of drilling has now been completed on Red Bird in 2008 with eleven holes remaining to be reported.

The Mount Copeland Property featured underground production (1970-73) which produced 169,729 tonnes and recovered 2,625,073 pounds of molybdenum (0.7% recovered Mo). When the Mount Copeland Property was in production in 1970 development work indicated 163,340 tonnes of ore at a grade of 1.83% MoS2 (or 1.1 % molybdenum). The ore indicated prior to mining has been essentially extracted.