TORONTO, ONTARIO--(CCNMatthews - Oct. 2, 2006) - Western Troy Capital Resources Inc. (TSX VENTURE:WRY) announced today that the Grand Council of the Crees (Eeyou Istchee) passed a resolution of support for the Otish Mountain Road Project. This action was taken at the recently held Annual General Assembly of the Grand Council of the Crees.
Rex Loesby, President of Western Troy, commented, "The Otish Mountain Road Project would be of immense economic benefit for our MacLeod Lake Molybdenum/Copper project. Currently, our project is 165 kilometers from the nearest all-weather road. If the new road is built on the current winter road right-of-way to the past producing Eastmain Mine, it would come to within approximately 40 kilometers of the MacLeod Lake project, thus substantially reducing estimated capital and operating costs for a mining operation at MacLeod Lake. We are very fortunate to have support for the Otish Mountain Road Project from the local communities and the Grand Council of the Crees."
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. In October of 2005, 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