WCB

WCB Resources Ltd. ("WCB" or the "Company") (TSX VENTURE:WCB) announces that
detailed processing and interpretation of the recently completed heliborne
magnetic survey covering EL1747 on Misima Island, PNG has been completed. The
most significant result from this survey is the recognition of a large robust
high order magnetic anomaly that is coincident with the high order Cu Au soil
anomaly that was previously defined. This magnetic anomaly has surface
dimensions of 1100m by 900m within which a higher order anomaly is observed with
the dimensions of 500m by 250m.


3D magnetic modelling of this feature by Planetary Geophysics, an independent
consulting group, further indicates that the majority of this magnetic high is
located sub surface. Furthermore the modelled data suggests that the dimensions
of the intense magnetic high component increases with depth whilst maintaining
continuity. 


Michael Sexton, Principal of Planetary Geophysics, describes the anomaly as,
"The airborne magnetic survey has mapped a significant magnetic high similar to
magnetic features (or highs) associated with a number of well-known copper/gold
rich porphyry systems in the south west Pacific." 


Cameron Switzer, President and CEO, said, "This magnetic high anomaly now
further reinforces the validity, size and scale of the porphyry Cu Au target at
Misima. Our initial high order soil geochemical data is now supported by
detailed magnetic data which highlight a potential target size comparable with
many of the well known porphyry Cu Au deposits in this region. This survey in
combination with the other datasets will result in the identification of the
highest impact drill targets." 


In addition to this significant anomaly, additional magnetic features associated
with high order coincident anomalous soil and rock chip geochemistry continue to
be evaluated.


About EL1747 

From a geological and mineral deposits perspective, EL1747 is located in the
same terrain and geological region that includes the deposits of Grasberg, Ok
Tedi, Hidden Valley, Wafi-Golpu, Lihir, Simberi and Panguna as well as
significant projects such as Tolukuma, Kainantu and Woodlark Island. Importantly
Misima Island has previously demonstrated mineral deposit pedigree through the
past production of 4.0M ounces of gold and 20M ounces of silver from various
operations but most recently the Misima Mine owned by Placer Dome Asia Pacific
(now Barrick Gold). This mine ceased open pit production in 2001 and closed in
2004. 


EL1747 Misima consists of 53 sub blocks covering an area of 180km2. The
exploration license was targeted due to the presence of a significant high order
copper stream sediment anomaly in multiple drainages which has received limited
detailed follow up activity. Furthermore, additional high order gold and zinc
anomalies have been identified and require follow up detailed work. 


WCB is expected to earn up to a 70% interest in EL1747 Misima by spending a
total of AUD9.0M within a 4 year timeframe. 


Further details of this announcement and further technical information regarding
Misima Island and EL1747, can be located at www.wcbresources.com/news-releases/.


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 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 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

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.

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