i don't know if its the right solution.... but i found its working fine.
Here is my solution and i am giving it step by step
1.Add references windows.forms and form.integration to your wpf project
This integrates form properties with wpf.
now we can freely use the form based control picturebox within wpf
4.After it obtain the executing assembly and the input image source for picturebox as stream..
System.IO.Stream stream = (System.IO.Stream)assembly.GetManifestResourceStream("MyProjectLibrary.Images.blink.gif");
pictureBox.Image = System.Drawing.Image.FromStream(stream);
my thanks to MehdiGholam for the reference link