THE RING OF FIRE McFauld's Lake, Ontario (Metal Belt)

WHITE PINE RESOURCES

White Pine Resources Inc. (formerly WSR Resources Inc.) is a resource exploration company engaged in the exploration and development of key assets of over 25,000 hectares in the prolific 'Ring of Fire' discovery camp situated in the James Bay Lowlands of Ontario, Canada.

Through key joint ventures with Noront Resources, Metalex Ventures and Golden Valley Mines, White Pine Resources has been aggressively exploring highly prospective ground on the Ring of Fire in 2008, and will continue in 2010. 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 in the Golden Valley-Noront joint venture claim group has shown that this area of the Ring of Fire holds potential for a significant base metal discovery and has elevated White Pine to one of a few successful exploration companies in the Ring of Fire along with the Eagle One Ni-Cu-PGE deposit of Noront Resources.

Along with the property holdings in James Bay, White Pine Resources has acquired a gold property in the Boston Creek gold camp, located south of Kirkland Lake, Ontario.

White Pine hopes to continue to add to its success in 2010, with exploration programs scheduled for all land holdings.

 

WHITE PINE RESOURCES ACQUIRES OPTION FOR GOLD PROPERTY SOUTH OF KIRKLAND LAKE White Pine Resources Inc. (TSX-V: WPR) (“White Pine”), is pleased to announce it has signed a letter of agreement for the acquisition of an option to acquire the MZ Gold Property located in the Boston Creek gold mining district south of Kirkland Lake, Ontario. Recent grab samples from a newly discovered silicified-pyritized gold-bearing zone on the property have yielded gold values from 0.014 g/t Au to as high as 67.1 g/t Au (1.96 oz/t) and 49.4 g/t Ag. The six grab samples were taken from a trenched area measuring approximately 10x20m by Mike Kilbourne, P.Geo, President of White Pine Resources. Read more...

The McFauld’s Lake, Ontario “Ring of Fire” is shaping up to be a significant base metal belt with discoveries by Noront, Freewest, Spider Resources and White Pine Resources. The year 2008 saw over $60 million of combined company budgets spent on properties around the Ring of Fire. Read more...

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