WCB Resources Ltd ("WCB" or the "Company") (TSX VENTURE:WCB) is pleased to
announce that ongoing historical data compilation has identified potential
extensions up to 2,000m to the north west of the previously mined Stage 6 open
pit on the Umuna Zone on Misima Island, PNG. These extensions were initially
identified by WCB's soil sampling in mid 2012. Subsequent acquisition of the
Misima Mines Pty Ltd database, which included channel sample data and geological
mapping data, when combined with recently completed mapping has confirmed these
anomalies as the likely extensions of the previously mined mineralisation in the
Stage 6 pit. Historic mapping completed in 1974 prior to any surface disturbance
also suggests that these anomalies are the extensions of the Umuna Zone.


Two spatially separate zones are indentified with controls on mineralisation
interpreted as being both structural fault related and also in part
stratigraphic related, similar to that mined in the open pits to the south.
Results above 1.0 g/t Au include:




Zone 1                                   
      14.4m @ 1.18 g/t Au and 1.3 g/t Ag 
      130.1m @ 1.62 g/t Au and 2.9 g/t Ag
      21.2m @ 2.01 g/t Au and 2.6 g/t Ag 
                                         
Zone 2                                   
      13.2m @1.47 g/t Au and 1.9 g/t Ag  
      63.9m @ 1.00 g/t Au and 2.9 g/t Ag 
      160.8m @ 1.23 g/t Au and 2.1 g/t Ag



There are numerous channel sample results with length weighted intervals below
1.0 g/t Au in both Zone 1 and Zone 2. Scout drill testing has previously been
completed in this region the results of which continue to be compiled. Updated
mapping and channel sampling is continuing towards these zones to the north
west.


Cameron Switzer, President and CEO said, "These results further support our
concept that there continues to be significant upside in the Umuna Prospect and
its potential extensions. We will work to further understand the intervening
zone between the limits of the Stage 6 pit and this extension area to the north.
This data in combination with our recently announced initial inferred mineral
resource of 1.57M oz's Au and 8.5M oz's Ag clearly demonstrate the exploration
potential of the Umuna Zone. All three prospects within the project area, the
Misima Porphyry, the Umuna Zone and the Quartz Mountain Area continue to be
upgraded with each phase of exploration activity."


Within the Umana Zone, approximately 86Mt was mined from 1989 to 2004 at an
average grade of 1.46 g/t Au and 15.6 g/t Ag. Recoveries for gold averaged 91.5%
and for silver 43.9% over the life of mine. Project economics were based on a
USD$300 per ounce gold price. The nominal cut off grade used for extraction was
0.7 g/t Au. Mining activity ceased in May 2001 and milling of remnant stockpiles
finished in 2004. This mining was via a staged development process that resulted
in six (6) planned pit extensions (termed Stage 1 to Stage 6). In addition
exploration success at Tonowak resulted in a subsequent final open pit on a
major fault splay being mined. This staged mine development process resulted in
fill material being placed in pit Stages 1 through to Stage 5. Outside of the
Umana Zone there were three (3) small pits developed in the Quartz Mountain
Area. Production from these pits, although minor, is included in the figures
above. 


WCB announced the delineation of an Inferred Mineral Resource on the Umuna Zone
containing 1.57M oz's Au and 8.5M oz's Ag in an estimated 43.1Mt of material.
This resource was based on extensions at depth of previously mined
mineralisation (see press release dated October 7, 2013).


Sampling Procedures

Historic channel sample data has been compared to recent WCB channel sample data
with results indicating a high degree of correlation supporting the high
confidence level of the data. Historic channel sample data was collected under
the guidance of protocols and procedures outlined by Misima Mines Limited, a
Placer Group of companies.


Comparison was then made to the WCB channel sample results and the Misima Mines
Pty Ltd results (upon projection correction). The conclusion was that even
though the exact sample intervals varied, overall the results showed a high
degree of similarity and as such a high degree of confidence could be placed on
the Misima Mines Channel Sample Data.


WCB channel samples have been collected with a 125mm grinder diamond blade in
zones of hard material and with geological blade hammer in softer zones
typically associated with clay alteration. Geological control at each sample
ensured that care was taken to ensure accurate volume / hardness relationships
remained consistent. Sampling was completed on a geological control basis rather
than a set distance relationship to ensure a better understanding of controls on
mineralisation. Appropriate QA/QC protocols were completed which included
duplicate samples, standards and field blanks. All sample locations were
surveyed using GPS devices in GDA94 projection. Samples are dispatched via
commercial transport to an accredited laboratory in Brisbane, Australia for
analysis. Results are routinely examined by a suitably qualified geologist to
ensure laboratory performance meets required standards.


Results are reported above a cut off grade of 0.5 g/t Au.

Misma Mines Pty Ltd Database

Acquisition of the Misima Mines Pty Ltd Database (MMPL) from Barrick Papua New
Guinea was completed in late 2012. This database includes an extensive array of
surface sampling including 11,846 soil, 2,941 rock, 4,853 trench and 25,980
channel samples. Included in the MMPL data are 2,640 exploration drill holes of
which 2,613 have assay data. In addition there are 467,316 located blast hole
assays. Subsequently, drill core photographs, mine feasibility documentation,
petrological data and production records including reconciliations have been
sourced. Surfaces for original topography, current topography and as mined
topography were compiled from this data. WCB has been actively validating,
compiling and auditing this data. Appropriate QA/QC protocols were completed
which included duplicate samples, standards and field blanks. 


Qualified Persons

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 EL1747 

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. WCB can obtain up to a 70% interest in EL1747 Misima by spending a total
of AUD$9.0M within a 4 year timeframe subject to standard regulatory approvals.


About WCB Resources 

WCB is a minerals exploration and development company focused on the Tier 1
Misima Island project. The Company that brings together a strong,
interdisciplinary, and proven management team with the ability to take a project
from discovery right through to operation. We believe that our capabilities and
experience, combined with an efficient corporate structure, provide tremendous
potential upside for investors.


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.


Forward Looking Statements: This news release includes certain statements that
may be deemed "forward-looking statements". All statements in this release,
other than statements of historical facts, including, without limitation,
statements potential mineralization, the estimation of mineral resources, the
realization of mineral resource estimates, interpretation of prior exploration
and potential exploration results, the timing and success of exploration
activities generally, the timing and results of future resource estimates,
permitting time lines, metal prices and currency exchange rates, availability of
capital, government regulation of exploration operations, environmental risks,
reclamation, title, and future plans and objectives of the company are
forward-looking statements that involve various risks and uncertainties.
Although the Company believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are not
guarantees of future performance and actual results or developments may differ
materially from those in the forward-looking statements. Forward-looking
statements are based on a number of material factors and assumptions. Factors
that could cause actual results to differ materially from those in
forward-looking statements include failure to obtain necessary approvals in
respect of a transaction, unsuccessful exploration results, changes in project
parameters as plans continue to be refined, results of future resource
estimates, future metal prices, availability of capital and financing on
acceptable terms, general economic, market or business conditions, risks
associated with operating in foreign jurisdictions, uninsured risks, regulatory
changes, defects in title, availability of personnel, materials and equipment on
a timely basis, accidents or equipment breakdowns, delays in receiving
government approvals, unanticipated environmental impacts on operations and
costs to remedy same, and other exploration or other risks detailed herein and
from time to time in the filings made by the company with securities regulators.
Mineral exploration and development of mines is an inherently risky business.
Accordingly the actual events may differ materially from those projected in the
forward-looking statements. For more information on the Company, investors
should review their annual filings that are available at www.sedar.com. 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.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
WCB Resources Ltd
Cameron Switzer
cswitzer@wcbresources.com


WCB Resources Ltd
Shaun Maskerine
smaskerine@wcbresources.com


Investor Relations:
Ironstone Capital Corp.
Lee Bowles
416 941 1253
lbowles@ironstonecapital.ca

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