Western Troy Capital Resources Inc.

Western Troy Capital Resources Inc.

February 22, 2010 09:00 ET

Western Troy to Explore Its Fabiola Molybdenum/Gold/Copper Prospect Near Rouyn-Noranda, Quebec, Announces Drilling Results at Its Galloway Molybdenum Prospect in Quebec

TORONTO, ONTARIO--(Marketwire - Feb. 22, 2010) - Western Troy Capital Resources Inc. (TSX VENTURE:WRY), today announced it will soon begin an exploration program on its Fabiola Molybdenum/Gold/Copper Prospect near Rouyn-Noranda, Quebec. The program will consist of surface geophysics and mapping to determine drill targets, such drilling to follow in the spring of 2010. Western Troy also announced that it had cut short its drilling program at Galloway based on the lack of favorable results from the initial three holes drilled. Western Troy plans no further work on the Galloway Prospect.

The Fabiola Property: The Fabiola property consists of 4 claims in Poularies Township about 50 km north of Rouyn-Noranda, Quebec. Anomalous molybdenum values in stream samples prompted the Quebec Ministry of Natural Resources to investigate the property with soil sampling, magnetometer survey, electromagnetic survey, limited induced polarization survey, geological mapping, and diamond drilling in the early 1980's. (GM39849, Quebec Assessment files). The work program discovered molybdenum, gold and copper mineralization associated with a tonalitic intrusion. All of the 22 drill holes intersected molybdenite mineralization associated with quartz stockworks. Of particular interest was a zone that was traced for approximately 250 meters by diamond drilling (see map at http://media3.marketwire.com/docs/wry0222map.pdf). The mineralized zone was open at both ends and to depth. Nine grab samples with gold values in the 0.3-0.4 g/t gold were also collected on the property.

Western Troy is planning a work program that will consist of a gradient array induced polarization survey to map areas on the property with elevated sulphide mineralization. Past work on the property has indicated that the molybdenum mineralization is associated with sulphide minerals such as chalcopyrite and pyrite. The induced polarization survey will be used to plan a diamond drilling program that will take place in the spring of 2010.

Galloway Prospect: Three holes were drilled along the contact at an approximate spacing of 100 meters. All three holes intersected the intrusive contact at approximately 80-100 meters depth. Minor pyrite, pyrrhotite and magnetite mineralization was encountered in the holes however nothing of economic significance was intersected. Due to the unfavorable results the drilling contract was terminated after three holes and no samples were taken for assay.

About Western Troy: Western Troy Capital Resources Inc. is a mineral exploration company. Its 100% owned MacLeod Lake Project, located about 275 km north of Chibougamau, Quebec, hosts a well defined Main Zone of mineralization as outlined by extensive drilling. In addition, a South Zone resource and several IP anomalies of potential interest have been identified. In April of 2008, Western Troy received an independent Preliminary Assessment (Scoping Study) consistent with National Instrument 43-101 on its MacLeod Lake Property. The report has been filed on SEDAR and is available at www.SEDAR.com and on Western Troy's website, www.WesternTroy.com. Western Troy also has a number of early stage molybdenum, copper, gold, rare earths, uranium, platinum, and other minerals exploration properties in Quebec. The shares of Western Troy trade on the TSX Venture Exchange under the symbol WRY, with 23,284,970 shares outstanding. 

This press release contains certain forward-looking statements. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others: risks related to mining and exploration operations; risks related to joint venture operations; actual results of current exploration activities; changes in project parameters as plans continue to be refined, future prices of resources; possible variations in reserves, grade or recovery rates; accident; labour disputes and other risks of the mining industry; and delays in obtaining governmental approvals or financing or in the completion of development or construction activities. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

Rex E. Loesby, P.E., is the qualified person that has reviewed the content of this press release.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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