VANCOUVER, BRITISH COLUMBIA, Oct. 7, 2009 (Marketwire) -- Channel Resources Ltd. ("Channel" or the "Company") (TSX VENTURE:CHU) is pleased to announce that it has received results from its brine sampling program of 13 producing wells in the Beaverhill Lake gas field at its Fox Creek project in Alberta. The results confirm the potential of the project to produce multiple mineral products from the brine source, including lithium chloride / carbonate, potash, bromine, magnesium chloride and borates.

Results have been obtained from formation waters contained within a twenty-kilometer strike length of the north-northwest trending Beaverhilll Lake reef complex centered on the 369 square kilometer property.