Western Troy Capital Resources Inc.

Western Troy Capital Resources Inc.

March 26, 2007 14:20 ET

Western Troy Announces $1,000,000 Financing With Sprott Asset Management

TORONTO, ONTARIO--(CCNMatthews - March 26, 2007) - Western Troy Capital Resources Inc. (TSX VENTURE:WRY) ("Western Troy") is pleased to announce a non-brokered private placement with Sprott Asset Management of $1,000,000 through the sale of 2 million shares of Western Troy common stock at a price of 50 cents per share.

All shares to be issued pursuant to this Private Placement will be subject to a four-month hold period. The gross proceeds of the Private Placement will be used to finance continued exploration programs at Western Troy's exploration projects located near Chibougamau, Quebec and in Panama. The Private Placement is subject to approval by the TSX Venture Exchange.

"This is another important and high profile milestone in the growth of Western Troy Capital Resources Inc. and we look forward to working with the Sprott Asset Management" said Rex Loesby, President and CEO. "This Private Placement will allow us to accelerate our exploration programs at MacLeod Lake in Quebec and at Viento Frio in Panama."

About Western Troy

Western Troy Capital Resources Inc. 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 10,658,761 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 Western Troy's website, www.WesternTroy.com. Western Troy has also entered into an Exploration and Development agreement with Aurum Exploration Inc. of Panama, to earn up to 70 percent of Aurum's interest in the Viento Frio Mineral Exploration Concession, District of Santa Isabel, Colon Province, Panama. The Viento Frio Concession consists of 10,363 hectares (104 square kilometers) of land that is prospective for gold and base metal mineral deposits. The property was explored by Minera Rayrock between 1999 and 2001. Rayrock collected 1,918 soil samples and drilled 24 shallow holes totaling 1710 meters. High silver values in the core and anomalous gold, silver, copper, lead, and zinc values in rock chip and soil samples over a large area indicate the Concession is prospective for a large low-sulfidation epithermal system as well as additional gold/silver deposits.

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 Western Troy'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. Western Troy does not assume the obligation to update any forward-looking statement.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release.

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