White Pine Resources Inc. is a resource exploration company engaged in the exploration and development of key assets throughout Canada, including its presence in the prolific “Ring of Fire” (“ROF”) discovery camp situated in the James Bay Lowlands of Ontario.
Through a key joint venture with Metalex Ventures, White Pine Resources has been aggressively exploring highly prospective ground on the ROF since 2008. This aggressive approach has rewarded White Pine with an important high grade Zn-Cu-Ag discovery with the Metalex joint venture called the 501. Multiple Zn-Cu-Ag discoveries around the 501 has shown that this area of the ROF holds potential for a significant base metal discovery. Important economic developments of the ROF last year were the large financial input of Cliffs Natural Resources Inc. (“Cliffs”) through the acquisitions of Spider Resources Inc. and Freewest Resources Canada Inc. for their large chromite deposits. Cliffs continues to work diligently to bring the first mining operation to this remote area.