Western Troy Capital Resources Inc.
TSX VENTURE : WRY

Western Troy Capital Resources Inc.

March 25, 2010 11:30 ET

Western Troy Stakes Claims on Lithium Prospect in Quebec

TORONTO, ONTARIO--(Marketwire - March 25, 2010) - Western Troy Capital Resources Inc. (TSX VENTURE:WRY), today announced that it has made application for claims in the Riviere Reboul area in the Gaspe Region of Quebec. The claims straddle the Grand Pabos fault zone, a predominant structural feature in the area. A Quebec government survey revealed anomalous lithium and rare earth element values in soil samples (Quebec Government Publication MB-88-09). The survey was made to cover the Grand Pabos fault zone which in the past has been known to host gold, silver, lead, zinc mineralization. The Filon Baker (Lac Arseneault) deposit is located on the Grand Pabos fault about 15 km east of the Western Troy claims. Historical (non-43-101) reserves are reported to be 40,000 to 48,000 tones of 15.4 g/t gold, 197 g/t silver, 3.5% zinc and 6.6% lead (SIGEOM a la carte database). There hasn't been significant exploration for lithium or rare earth elements in the area in the past.

The claims acquired by Western Troy have a total 56 samples higher than 44 ppm lithium with a high of 120 ppm. Of the 13,592 B-horizon soil samples taken by the Quebec Government over the years, only 21 have contained greater than 100 ppm lithium. (SIGEOM a la carte database) All 21 of these are located in the Grand Pabos fault region and 8 of them are located on the Western Troy claims. Anomalous values were also detected in lanthanum (158 ppm), cerium (117 ppm), europium (7.2 ppm), samarium (30 ppm), fluorine (1780 ppm), phosphorus (4845 ppm), copper (170 ppm) and zinc (377 ppm).

The geology of the claim area is dominated by sediments of the Garin Formation (Ordovician age). The anomalous soil values lie on the flank of a magnetic high that may indicate a buried body of intrusive rock (See figure below).

To view the figure associated with this press release, please visit the following link: http://media3.marketwire.com/docs/WRY0325.jpg

The largest market for lithium compounds is for use in batteries, especially rechargeable batteries. Demand for lithium batteries is expected to expand dramatically as a result of the development of hybrid and plug-in hybrid cars. Toyota recently announced an investment in Orocobre, Inc., a company with a significant lithium prospect in Argentina ("Wall Street Journal," January 19, 2010).

Western Troy plans to examine the new claims during the 2010 field season. Work will include prospecting, geology and geophysical surveys. Targets generated by these surveys will be drill tested in Fall 2010.

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.

Contact Information