WCB Resources Provides Update on Diamond Drilling at Misima Porphyry Copper Prospect, PNG - Seite 2

Cameron Switzer, WCB's President and CEO, said: "We have made an encouraging start to this drill program at Misima, with the first deep hole targeting the highest order magnetic anomaly and coincident strong supporting geochemistry already completed. The first hole, GDD001, has intersected a broad zone of anomalous copper with some elevated copper values with supporting strong alteration and fracturing, typical of what we might expect to encounter on the shoulder or fringes of a large copper-gold porphyry system."

"We are encouraged by what we have seen so far in this hole as it demonstrates the significance of this system. This first hole provides an important geological vector suggesting that the location of GDD002 is an appropriate step-out to intersect the potential porphyry mineralisation. We look forward to seeing the results of this and subsequent scout drill holes at the Misima Porphyry prospect."

Drill hole GDD001 was the first component of a scout drill program comprising of up to 4,000 m. Drill hole GDD002 will be drilled at a -60 degree angle towards the south west which will test the extensions of the surface channel results previously reported including 47m @ 0.31% Cu 0.13 g/t Au, 53m @ 0.47% Cu, and 171m @ 0.36% Cu 0.33 g/t Au (see Press Release dated July 9, 2013). GDD002 will also test combination high and low magnetic anomalies.

Mr. Cameron Switzer, BSc (Hons), MAIG (3384), MAUSIMM (112798), President and Chief Executive Officer of WCB Resources, is a qualified person as defined by National Instrument 43-101. He is responsible for quality control of exploration undertaken by WCB. Mr. Switzer has reviewed and approved the technical information in this release.

Quality Assurance/Quality Control

Exploration at the Misima Project is supervised by Cameron Switzer, President and CEO, who is the Qualified Person under NI 43-101 and Ross Logan, Exploration Manager, who is a qualified person under NI 43-101. All geochemical information for the Company's projects is obtained and reported under a quality assurance and quality control (QA/QC) program which includes the usage of Standard Operating Procedures, Guidelines including the insertion of Certified Independent Geochemical Standards and appropriate collection of field duplicates where appropriate.