Dear shareholder,

Thank you for your inquiry. Torch River Resources has obtained an option to acquire a 100% interest in the Mount Copeland Property.

The consideration to be paid by Torch under the Option Agreement shall be up to $475,000.00 in cash, 1,300,000 shares of Torch and a work program to be carried out by Torch on the Mount Copeland Property at a cost of approximately $500,000.00. The vendors shall also be entitled to a net smelter royalty of 2.75% on all minerals mined. Torch will have the right to terminate the Option Agreement at various stages of the agreement.

The consideration that is still to be paid by Torch under the Option Agreement is as follows:

(a) April 28, 2009, $25,000.00 plus 200,000 shares of Torch;

(b) April 28, 2010, $200,000.00 plus 900,000 shares of Torch;

(c) April 28, 2011, $200,000.00.

Regards,

AGORACOM Investor Relations