Western Troy Capital Resources Inc.

Western Troy Capital Resources Inc.

August 17, 2007 09:12 ET

Western Troy Announces Partial Assay Results From Drilling at MacLeod Lake

TORONTO, ONTARIO--(Marketwire - Aug. 17, 2007) - Western Troy Capital Resources Inc. (TSX VENTURE:WRY) ("Western Troy") announced that it has received assay results on eight holes drilled at its MacLeod Lake molybdenum copper project in Northern Quebec. These eight holes totaled 940 meters of the planned 6000 plus meters of the summer drilling program. The following table shows the significant intercepts (depths and widths are in meters):

Hole # From To Width Cu% Mo%
------ ------ ------ ------ ----- -----
160 199.65 211.98 12.33 0.875 0.002
161 No Significant Results
162 3.00 7.02 4.02 1.100 0.517
and 33.95 42.00 8.05 0.211 0.054
163 12.00 15.00 3.00 0.267 0.038
and 76.02 78.99 2.97 0.517 0.010
164 12.00 25.83 13.83 0.431 0.024
and 40.93 43.00 2.07 0.434 0.010
and 49.65 60.00 10.35 0.545 0.257
165 36.00 68.01 32.01 0.742 0.191
166 No Significant Results
167 71.04 96.26 25.22 0.482 0.061

Holes 160 and 161 were drilled along the southeastern fringe of the Main Zone. Holes 162 through 166 were drilled along the northern fringe of the Main Zone. Hole 167 was drilled along the southwestern fringe of the Main Zone. In July, Western Troy released the results of assays from holes 138 through 144. Assays for holes 145 through 159 are in process. In addition to the drilling of a few targets outside the Main and South Zones, the primary purpose of the current drilling program is to prepare the MacLeod Lake Project for the next phase of development leading towards a production decision.

Western Troy's President, Rex Loesby, commented, "We are very happy with the progress of the drilling program. Not only have the results been better than expected, the productivity of the drilling contractor has been higher than expected - we are getting more bang for the buck. As indicated by the above results, we have found the limits of the Main Zone in some areas, but given the high grade intercepts over substantial widths in a few areas, we have yet to see the limits in those areas. Based on the results of the program to date, we expect to see increases in the resources of the Main and South Zones. The original plan was to drill 6,000 meters, but we expect to get 7,000 meters completed before the end of the program. Upon completion of this program, we should have the data needed to prepare a scoping study and possibly a preliminary feasibility study."

Commenting on recent market action in Western Troy's stock, Loesby said, "Obviously overall market sentiment has been negative the past few weeks and especially yesterday. I just want to emphasize that there are no fundamental changes within the company that might account for the recent decline of the stock price. We have more than sufficient cash to fund our planned exploration and development programs for well into 2009."

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. 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. The shares of Western Troy trade on the TSX Venture Exchange under the symbol WRY, with 19,129,872 shares outstanding.

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.

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

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