Western Troy Capital Resources Inc.
TSX VENTURE : WRY

Western Troy Capital Resources Inc.

October 18, 2005 13:41 ET

Western Troy Files Technical Report on MacLeod Lake Property

TORONTO, ONTARIO--(CCNMatthews - Oct. 18, 2005) - Western Troy Capital Resources Inc. (TSX VENTURE:WRY) announced today that it has received an independent Technical Report consistent with National Instrument 43-101 dated October 10, 2005 on its MacLeod Lake Property located about 275 km northeast of Chibougamau, Quebec. The report has been filed on SEDAR and is available at www.SEDAR.com.

The report states that seven drill programs conducted between 1989 and 2005 have identified two separate deposits - the Main Zone and the South Zone, of Cu - Mo porphyry-type mineralization. In the Main Zone, 56 diamond drill holes have indicated a body of mineralization 1200 m long and up to 50 m thick in a broad, open antiform trending northeasterly. A 43-101 compliant Mineral Resource Estimate has been calculated for the Main Zone, which shows an Indicated Mineral Resource of 23,700,000 tonnes at an average grade of 0.52% Cu, 0.08% Mo, 0.05 g/t Au and 4 g/t Ag and an Inferred Mineral Resource of 3,800,000 tonnes at an average grade of 0.36% Cu, 0.026% Mo, 0.03 g/t Au and 2 g/t Ag. The Indicated Mineral Resource is comprised of a higher grade central core and an adjacent, peripheral zone of lower grade material. The currently defined zone of mineralization is open along strike to the west and east. The central higher grade core zone and some of the lower grade peripheral mineralization outcrop over a considerable strike length and most of the currently defined Mineral Resources could be mined by a shallow open pit.

The Technical Report recommends an 8,000-meter drilling program with the drilling to be concentrated on further defining the Main Zone, outlining the South Zone and testing the induced polarization (IP) anomalies in the Northeast Area which lies 6 km northeast of the Main Zone.

The South Zone mineralization, which is located about two km south of the Main Zone, was first intersected in two drill holes in 1991 and 1992 with intersections of 5.0 and 4.9 m of mineralization grading 0.28% Cu and 0.49% Mo and 1.40% Cu and 0.38% Mo respectively at depths of approximately 125 m. No resource estimate has been prepared for the South Zone and additional drilling is required to define the mineralization and its distribution.

The Main and South Zones are considered to be porphyry copper-molybdenum-type mineralization of Proterozoic Age. Younger age porphyry copper-molybdenum deposits of the American Cordillera typically have molybdenum values ranging between 0.01% and 0.025%. The MacLeod Lake zones display a noticeable enrichment in molybdenum in comparison to the younger deposits and, as a result, long-term molybdenum prices will have a significant impact on the economics of the Project. Over the past two years, molybdenum-oxide prices have been rising significantly from a low in the USD $3/lb range to the current level over USD $30/lb.

The Technical Report was prepared by "Qualified Persons" Lionel D.S. Winter, P.Geo., and Neil N.Gow, B.Sc.(Hons.), P.Geo. - both consulting geologists.

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 6,248,061 shares outstanding.

Statements in this release that are forward-looking are subject to various risks and uncertainties regarding factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian securities regulators. Such statements and information contained herein represents management's best judgment as of the date hereof based on information currently available. 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 of the adequacy or accuracy of this release.

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