TORONTO, ONTARIO--(CCNMatthews - Aug. 22, 2006) - Western Troy Capital Resources Inc. (TSX VENTURE:WRY) announced today that a review of previous geologic work on the MacLeod Lake property has resulted in the identification of a zinc target on the property.
The zinc target is approximately 16 kilometers northeast of the "Main Zone." Airborne geophysics identified the target in 1990. In 1996, surface geologic reconnaissance was performed along with some ground geophysics. Chip samples were taken from boulders in the area and channel samples were taken from nearby outcrop. Approximately 10 samples were collected from the boulders and assays ran between a trace and 5.5 percent zinc. Mineralization in 5 channel samples from outcrop returned assays between .10 percent and .98 percent zinc and averaging .37 percent. These assays have not been verified and are not 43-101 compliant. In July, 1999, a program of line cutting and induced polarization (IP) geophysics resulted in the identification of a conductor up-ice(1) that is approximately 3 kilometers in length. As part of the next drilling program on the MacLeod Lake property, Western Troy plans to drill test the IP target.
(1) There is strong evidence of past regional glacial activity on the entire MacLeod Lake property. Surface evidence indicates the glaciers moved in a WSW direction (approximately 245 degrees). Mineralized boulders in an area give geologists a clue that the area from which the boulders came may be "up-ice" or in the direction that is the reverse of glacial movement.
About Western Troy:
Western Troy is a mineral exploration company. Its 100%-owned MacLeod Lake Property hosts a well defined Main Zone of mineralization as outlined by extensive drilling, as well as the South Zone and several IP anomalies of potential interest. The shares of Western Troy trade on the TSX-Venture Exchange under the symbol WRY, with 10,109,453 shares outstanding. Last October, Western Troy received an independent Technical Report consistent with National Instrument 43-101 on its MacLeod Lake Property located about 275 km north of Chibougamau, Quebec. The report has been filed on SEDAR and is available at www.SEDAR.com and on the company's website, www.WesternTroy.com.
Statements in this release that are forward-looking reflect Western Troy's current views and expectations with respect to its performance, business, and future events. Such statements are subject to various risks and assumptions, some, but not necessarily all, are disclosed elsewhere in the Company's periodic filings with Canadian securities regulators. Such statements and information contained herein represent management's best judgment as of the date hereof based on information currently available; however actual results and events may vary significantly. The Company does not assume the obligation to update any forward-looking statement.
FOR FURTHER INFORMATION PLEASE CONTACT:
Western Troy Capital Resources Inc.
Rex E. Loesby