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Torch River Resources Ltd. (TSX VENTURE:TCR) (FRANKFURT:WNF) (PINK SHEETS:TORVF) reported that the company has signed an option agreement (the “Omineca Option Agreement”) with a private vendor under which Torch may earn a 100% interest in the 12 mineral claims comprising 1,611.5 hectares located in the Omineca Mining Division, Specularite Lake, B.C (the “Fort-Elden Property”).
Torch River Resources Ltd. (TSX VENTURE:TCR) (FRANKFURT:WNF) (PINK SHEETS:TORVF) reported that the company has signed an option agreement (the “Omineca Option Agreement”) with a private vendor under which Torch may earn a 100% interest in the 12 mineral claims comprising 1,611.5 hectares located in the Omineca Mining Division, Specularite Lake, B.C (the “Fort-Elden Property”).
The press release is quoted as saying:
The Fort-Elden Property is in the Babine Lake porphyry belt region of British Columbia. This region is known for its potential for large porphyry copper, copper/gold and copper/molybdenum deposits some of which having been developed as producing mines such as the Granisle and Bell Copper Mines. The Omineca Option Agreement is subject to the final acceptance of the TSX Venture Exchange.
Click here to access the entire press release