WHITE METAL RESOURCES

TESSUP LAKE PROPERTY

Tessup Lake Property Regional

Location & Access

• The property is located approximately 4 hours west of Thunder Bay.

• Access is best during the winter months via the Heron lake road for a distance of 13 km, then overland 3 km by show machine.

Property Location

Geology

• Geology is described as a complicated sequence of felsic to mafic gniesses and migmatites

• Metamorphic grade is upper amphibolite facies

• Anorthositic body's have been located within the claim group

Tessup Lake Geology

History

• Previous property owner discovered a magnetite zone that was 25 meters wide and has strike length of greater then 900 meters.

• Minescape flew AEM survey in 1997 and identified several large magnetic highs and coincident Moderate to strong conductive areas.

• Minescape initiated ground HLEM and located further conductive horizons along with magnetic trends.

• Minescape drilled three diamond drill holes in the winter of 1997

Airborne Magnetic Survey

Airborne Magnetic survey

Minescape Drilling

Drill Holes • T97-1 drilled at 70 degrees to the Southeast and appears to of

intersected part of conductor B with values up to 2.68%Cu, 0.14%Ni, 0.09%Co, and 9.7g/t Ag, there were also highly anomalous pge’s intersected as well. B Conductor continues for approximately 800 meters further to the Southwest.

• T97-2 drilled at 90 degrees and located 75 meters Northwest of conductor B..

• T97-3 drilled at 90 degrees,, the conductor is located 60 meters further South East and would not of intersected source but did encounter anomalous values, copper, nickel, cobalt and pge’s.

Conclusions & Recommendations

• Area of high magnetics with coincident AEM and ground HLEM remain untested!!

• Drilling by previous vender identified highly anomalous values of copper, nickel, cobalt, silver plus pge’s.

• New AEM survey to be flown over entire area