Gold Rich Extensions Expand Surface Footprint of Misima Porphyry Prospect, PNG

Channel Sampling and Mapping Highlights:



--  porphyry style alteration and mineralisation extensions identified over
    a 400m by 150m area 
--  channel sampling results indicate high gold to copper ratios 
--  results include 

      49.0m @ 1.65 g/t Au and 310ppm Cu                                     
      56.8m @ 1.48 g/t Au and 253ppm Cu                                     
      52.5m @ 1.80 g/t Au and 129ppm Cu                                     



Project Further Upgraded - Tier 1 Porphyry Cu Ag Exploration Prospect:



--  high order gold results are associated with outer halo style alteration
    assemblages 
--  the footprint of the porphyry is similar by comparison to other world
    class projects 
--  mapping currently continues to expand the system to the south east 
--  drill testing to commence shortly 



WCB Resources Ltd ("WCB" or the "Company") (TSX VENTURE:WCB) is pleased to
announce the results of the recently completed channel sampling and mapping at
the Misima Porphyry Cu Au Prospect on EL1747 in PNG. This program is part of an
ongoing systematic exploration strategy which continues to upgrade the Misima
Porphyry Cu Au Prospect in preparation for drill testing.


Mapping and Channel Sampling Program

Previous detailed mapping and channel sampling originally identified an area
measuring in excess of 800m by 500m within which classic upper level or halo
alteration and mineralisation returned highly anomalous copper and gold values
(eg 170.9m @ 0.36% Cu, 0.33 g/t Au, 10.10 g/t Ag). These surface results also
coincided with a large underlying magnetic high interpreted as possible
magnetite alteration, as previously reported. Magnetite can be significant in
these systems as it is frequently associated with highly elevated copper and
gold grade (eg. Grasberg, Batu Hijau, Golpu, Ok Tedi, Alumbrera, Caspiche).


Recent mapping to the south east of this previously defined area has extended
the porphyry style alteration and mineralisation over an area measuring an
estimated 400m by 150m. This extension is associated with an interpreted
significant north west orientated structure. This structure is defined by
surface indications but importantly has a significant underlying elongate north
west oriented magnetic high suggestive of magnetite alteration.


A total of 153 channel samples have been collected using a 125mm grinder diamond
blade in zones of hard material and with a 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, certified standards and field
blanks. 


Highly anomalous channel sample results(i) have been received over an area
measuring 400m by 150m where safe access was available from tracks. Minor gaps
are observed in the sampling. Where there are gaps in sample continuity but
geological continuity continues from mapping, the gap is expressed as a
percentage of the total channel. 


Results include: 



----------------------------------------------------------------------------
               Total  Copper                       Sampled Unsampled Gaps as
            Length m     ppm  Gold g/t Silver g/t Length m    gaps m       %
----------------------------------------------------------------------------
South East Extension                                                        
----------------------------------------------------------------------------
Channel 1         49     310      1.65       0.58       49       0.0       0
----------------------------------------------------------------------------
Channel 2       56.8     253      1.48       1.73     46.5      10.3      18
----------------------------------------------------------------------------
Channel 3       52.5     129      1.80       0.82     36.5      16.0      30
----------------------------------------------------------------------------



Comparison of these results with historic channel sampling results obtained by
Misima Mines Pty Ltd show excellent correlation.


Cameron Switzer, President and CEO said "These channel sample results not only
expand the footprint of the porphyry but also demonstrate the potential high
precious metal accumulation in this system. Importantly these results are from
halo style alteration styles. Upcoming drilling of the magnetic highs at depth
in these areas is exciting."


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. 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 and the insertion of Certified Geochemical
Standards, appropriate collection of field duplicates. 


Channel samples(i) are collected under the supervision of company geologists in
accordance with standard industry practice and are a more accurate
representation of the actual grade of the material sampled. Particular attention
was taken in ensure accurate hardness volume relationships were maintained
throughout the sample program. Results are reported using a 0.1 g/t Au cut off
grade.


Sample locations are recorded by GPS devices in WGS84 projection.

Channel samples were assayed by ALS Minerals Brisbane using method 33 elements
using ME-ICP61, and for gold by method Au-AA25. ME-ICP61 is a "near total"
digestion using 4 acid and ICP-AES. Au-AA25 is used to detect ore grade levels
from 0.01 to 100 g/t gold on a nominal 30 gram sample using fire assay with AAS.
Cu values over 10,000 are analysed by Cu OG62, Ore Grade Cu - Four Acid. Results
are routinely examined by a suitably qualified geologist to ensure laboratory
performance meets required standards. 


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 Misima Project, PNG

Giant Cu Au Deposits such as Grasberg, Ok Tedi, Panguna and Wafi-Golpu, as well
as the giant Au deposit Lihir are developed in this region. Misima Island is
located on the extensions of this terrain and 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. This mine ceased open pit production in 2001
and closed in 2004. Most recently WCB released a NI43-101 compliant inferred
resource containing 1.57M ounces gold and 8M ounces silver associated with
extensions of the previously mined zone.


The Misima Project, consists of 53 sub blocks covering an area of 180km2. The
exploration license was targeted due to the presence of a significant gold
mineralising system in conjunction with significant high order copper stream
sediment anomalies in multiple drainages which had received limited detailed
systematic follow up.


WCB can obtain up to a 70% interest in the project from Pan Pacific Copper by
spending a total of AUD$9.0M within a staged timeframe subject to standard
regulatory approvals.


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


About WCB Resources

WCB is a highly focussed 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 significant 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

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 the 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 companies 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
[e-mail]


Investor Relations
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Rebecca Greco
416-822-6483


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