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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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GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

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Message: Revised resource report....

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Re: Revised resource report....

in response to Revised resource report.... by MurrayMac

posted on Feb 27, 07 12:39PM

Dear Murray,

Thank you for you inquiry. The following response was given by management:

The company drilled holes to extend the reserves and did some infill drilling in 2006. We do not anticipate an updated NI 43-101 until after this year's (2007) program, as we believe the picture will be much more complete. We have been missing some of the complete hole drilling data from the first program by Phelps Dodge and that negatively impacted the 2006 NI 43-101, however, we have sought to get that data and if it should become available the picture for Red Bird will be greatly enhanced. All in all we are proceeding in a way which makes sense for the long run and also is cost effective.

Regards,

AGORACOM Investor Relations

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