VANCOUVER, Nov. 17, 2011 /CNW/ - WCB Resources Ltd ("WCB" or the "Company") (WCB - TSX.V) is pleased to advise that drill
testing of the Red Hill Project high order anomaly has commenced with
the collaring of Hole WRH001 on Wednesday the 16th November 2011.
WRH001 has a targeted depth of 400m and is anticipated to be completed
in 14 days.
Results will be provided as soon as geological logging and assay data
has been validated and verified which is expected during January 2012.
The Company has previously provided exploration updates pertaining to
highly encouraging coincident results from soil sampling, rock chip
sampling, and IP surveys on the Red Hill Project.
Further details of this announcement can be located at www.wcbresources.com/news-releases/, Additional details on the Red Hill project, including geology,
geochemistry, and geophysics, can be found in the latest presentation
located at http://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
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
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.
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