At your height and weight, you should not be concerning yourself with weight loss. Instead, concentrate on creating a good strength training program that will help shape your figure. Do that, and you will notice a significant difference in your fat deposits.
The machines at the gym lie. THE MACHINES AT THE GYM LIE. Say it with me: “the machines at the gym lie.”
Okay… now that we have established that, lets concern ourselves with the more important factor: the calories that you take in. Those are far more important than the calories we burn. Take in good calories. The kind of calories that are accompanied by lots of nutrients. I mean… you can eat 1500 calories worth of Twinkies, but it’s not going to do your body any good. Calories are only one of many things your body needs to thrive. Sure, you can survive on empty calories, but you cannot thrive on them. Make sure your food is working for you, not against you. Do that and you won’t have to concern yourself with calories burned, instead you can concentrate on how much your deadlifts, squats, run time and pull ups have improved.
But, to answer your question, maybe. Your body’s ability to “burn fat” is based off your eating habits. Once you blow through your carbohydrate stores, you will begin to utilize adipose and muscle to fuel your body. So, it’s a very delicate balance. I would recommend you visit some well known bodybuilding sites (regardless of your lifting goals) to read the plethora of information for how, what and when to eat in order to increase fat loss. You can also seek out a dietitian who can build you a eating plan specified to your goals.