Westcore Announces Proximate Analysis Results from Birtley Labs


CALGARY, ALBERTA--(Marketwire - June 14, 2011) - Westcore Energy Ltd. ("Westcore") (TSX VENTURE:WTR) is pleased to report the proximate analysis results from its 2011 winter exploration program on its Black Diamond and FNR JV Coal properties located in west central Manitoba. 39 drill holes were completed in total on five main targets and three satellite targets (see Figure 1). 516 HQ-sized whole-core samples of coal were sent to Birtley Labs of Calgary, Alberta. Table 1 that accompanies this news release summarizes the proximate analysis results of one hole from each of the target areas. These 8 holes stand as representative examples of the coal quality occurring in those areas. The results are consistent with all other Cretaceous-aged, thermal coal deposits being explored along the Durango trend of east-central Saskatchewan and west-central Manitoba.

The proximate results presented in Table 1 are reported as weighted averages (rounded) and include both "as-received" (ar) and "air-dried" (ad) values for Moisture and Ash content, and "air-dried" (ad) for Sulphur, Calorific Value (CV) and BTU content. Coal intervals are based on less than 1.6 g/cc density and a Calorific Value greater than 15,000 kj/kg. Some intervals in Table 1 differ from the intervals reported in previous news releases due to a reinterpretation of coal quality based on the Proximate analysis results.

The majority of coal samples sent for analysis ranked as Lignite A (76%) or Sub-bituminous C (13%), while a small minority ranked as Lignite B or Sub-bituminous B (less than 1%). 10% of the samples were of marginal coal (silty coal or carbonaceous units) and contained too much ash to be assigned a rank. It should be noted that Westcore has conducted washability tests in the past on these marginal coal types to determine if silt and sand impurities could be successfully separated from the coal (see Westcore news release dated July 16, 2009). Results of these tests indicate that washing the coal causes an increase in Calorific Value by as much as 24% (e.g. from 17,000 to over 21,000 kj/kg) and a decrease in Ash content by as much as 30% (e.g. from 32.7% down to 22.6%).

Paul Conroy, President and CEO, states; "The proximate results from our winter drill program are as we expected and bode well for the potential energy stored within our coal. Also, it should be noted that this analysis is unrelated to our 500 kg bulk sample collected for testing by Quantex Energy earlier this year, the results of which are pending."

Ellen MacNeill, Professional Geoscientist in the Province of Saskatchewan and Qualified Person for this news release, has reviewed and approved its contents.

Reader Advisory

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor shall there be any sale of securities in any state in the United States in which such offer, solicitation or sale would be unlawful. The securities offered will not be and have not been registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, forward-looking information in this press release includes, but is not limited to, the use of the net proceeds of the offering. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.

Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada, the United States and globally; industry conditions, governmental regulation, including environmental regulation; unanticipated operating events or performance; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; competition for, among other things, capital, skilled personnel and supplies; changes in tax laws; and the other risk factors disclosed under our profile on SEDAR at www.sedar.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive.

The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.

Moisture %Ash %
Target Area & Hole No.Hole Depth Interval (m)Coal Width (m)(ar)(ad)(ar)(ad)Sulphur % (ad)CV Kj/Kg (ad)BTU/lb (ad)
Ambit
AM-11-0142.7 - 44.82.128.772.9828.3138.563.3115,9726,867
44.8 - 79.534.734.393.7211.9417.502.8722,5829,709
88.1 - 133.245.131.873.1818.2325.742.5920,4618,797
AM-11-06 (Satellite)40.4 - 48.27.825.852.1726.3034.552.7617,8077,656
61.6 - 83.021.432.813.7512.5618.073.7821,7559,354
Athena
AT-11-0260.2 - 83.823.629.605.5811.1815.182.3021,5889,281
85.1 - 123.838.730.585.8718.0024.342.2320,2158,691
124.6 - 126.01.425.564.5128.5036.561.7816,2086,968
126.6 - 135.69.031.236.2217.1623.402.1420,0348,613
AT-11-06 (Satellite)40.5 - 42.62.126.623.0429.8039.383.3516,1976,964
42.6 - 75.232.635.743.7412.0717.972.6022,4349,645
Calypso
CP-11-0295.3 - 158.963.631.253.1312.4617.573.0722,4089,634
179.8 - 180.81.034.292.2419.1828.542.4319,4898,379
182.6 - 185.73.128.874.1024.8533.502.6717,4687,510
Cyclops
CY-11-0260.0 - 65.85.829.142.5322.2630.622.0418,7218,049
67.3 - 102.235.528.513.5113.9318.932.1021,6309,299
104.5 - 105.71.234.283.539.1613.444.5823,81310,238
107.4 - 113.46.028.752.7319.1426.112.3120,1358,656
115.4 - 117.11.727.622.0224.1832.731.7218,3817,903
120.4 - 123.53.129.853.7916.4222.642.0420,2458,704
Quasar
Q-11-0648.0 - 52.54.527.742.0023.6131.981.6618,8088,087
62.5 - 87.024.535.211.5412.8019.173.3123,0189,896
89.0 - 135.446.435.811.8613.8920.872.7022,2149,551
143.3 - 151.88.537.781.5415.6924.722.4821,4609,226
151.8 - 153.21.432.091.2625.0736.451.6416,3907,047
Q-11-16 (Satellite)46.2 - 49.12.930.652.5216.7823.592.0220,5468,834
49.9 - 66.216.332.433.1815.6922.251.9320,7178,907
70.5 - 78.78.230.924.2115.8521.941.9920,7708,930
81.0 - 87.86.834.186.2815.3721.832.1820,3048,730
92.0 - 95.13.132.324.7725.3235.622.1316,9097,270
"ar" = as received "ad" = air dried CV = Calorific Value

To view the map associated with this release, please visit the following link: http://media3.marketwire.com/docs/614wtr_map.pdf

Neither the 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:

Westcore Energy Ltd.
Paul Conroy
President and Chief Executive Officer
(403) 237-6122