Drilling approvals received and suitable drill contractor engaged for Red Hill Project

TSX-V:  WCB  

VANCOUVER, Nov. 2, 2011 /CNW/ - WCB Resources Ltd ("WCB" or the "Company") (WCB - TSX.V) has previously provided exploration updates pertaining to highly encouraging results from soil sampling, rock chip sampling, and IP surveys on its Red Hill Project. The results from this activity demonstrated the existence of a coherent high order target requiring appropriate drill testing.

WCB is pleased to announce that all government regulatory approvals have been received and that a highly qualified suitable drilling contractor has been engaged to complete the scout drill testing.

The contractor will commence activity in the next 7 to 10 days on site. The initial drill hole will comprise a 150m RC pre collar followed by a 250m diamond HQ tail for a total of 400m targeting the central area with coincident Cu-Au-Mo-Bi soil anomalism, Au-Cu-Mo-Bi rock anomalism, an intense magnetic high and a high order IP chargeability anomaly.

It is envisaged that the drill hole may take 2 weeks to complete. Updates will be provided.

Further details of this announcement can be located at www.wcbresources.com/news-releases/
Further details of the latest Red Hill presentation including geology, geochemistry and geophysics can be located at www.wcbresources.com/presentations.

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.

About WCB Resources

WCB Resources is an aggressive minerals exploration and development company that brings together a strong, interdisciplinary, and proven management team with the ability to take a project from discovery right through to operation.

WCB's strategy is to build shareholder value through acquisition, exploration and development of copper gold projects. This strategy is being developed by a synthesis of WCB's core skills in project evaluation, structured acquisition, exploration and project development and operations, areas where WCB directors and executives have significant experience.

We believe that our capabilities and experience, combined with an efficient corporate structure, provide tremendous potential upside for investors. WCB Resources is engaged in an ongoing search and evaluation of additional copper gold projects in the Asia Pacific region.

On behalf of the Board of Directors

Cameron Switzer
President and Chief Executive Officer

Neither 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.

WARNING: The Company relies on litigation protection for "forward looking" statements. Actual results could differ materially from those described in the news release as a result of numerous factors, some of which are outside the control of the Company.

SOURCE WCB Resources Ltd.

For further information:

Shaun Maskerine         Cameron Switzer
Email:  smaskerine@wcbresources.com       Email: cswitzer@wcbresources.com

 

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WCB Resources Ltd.

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