Shares Issued: 54,692,657
Warrants: 500,000 @ $0.15 to 03/05/10
789,450 @ $0.30 to 05/21/10
476,190 @ $0.30 to 06/20/10
57,143 @ $0.30 to 06/20/10
1,096,500 @ $0.30 to 06/29/10
131,580 @ $0.30 to 06/29/10
317,500 @ $0.25 to 09/15/10
Options: 3,920,000 @ $0.12 to $0.38
Fully Diluted: 61,481,020
TSX Venture - TCR
Frankfurt - WNF
Pink Sheets - TORVF
Torch River Resources has
a 25% interest in an advanced molybdenum
property, Red Bird, which
has a recently updated NI
43-101 compliant resource
of 118.6 million pounds of
molybdenum indicated, and
76.9 million pounds of molybdenum inferred,
incorporating drilling in
2007. Red Bird is a large
porphyry style
molybdenum-copper deposit
that is still open in all
directions.
The company plans to
continue resource
delineation while
advancing the project
through economic studies.
They also acquired the
Mount Copeland property in
British Columbia, which is
a low tonnage, high grade,
molybdenum target that was
historically mined.
The Mt Copeland property
produced exceptional
grades as high as 3%
molybdenum.