White Pine Resources Inc. (TSX VENTURE: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.


To view a Property Map and a Location Map of the MZ Gold Property, please visit
the following link:
http://media3.marketwire.com/docs/property_location_maps_white_pine.pdf


The MZ Gold Property, consisting of 608 hectares, can be acquired from two local
prospectors for consideration of cash, shares and exploration expenditures in
the following timetable:




TO ACQUIRE AN INITIAL 50% INTEREST IN THE PROPERTY:

On Signing             $20,000 cash plus 50,000 shares, $100,000 in
                       exploration

Year 1 Anniversary     $20,000 cash plus 100,000 shares, $150,000 in
                       exploration

Year 2 Anniversary     $20,000 cash plus 100,000 shares, $150,000 in
                       exploration (earns 50%)

AT THE OPTION OF WHITE PINE, TO ACQUIRE AN ADDITIONAL 50% INTEREST IN THE
PROPERTY (FOR AN AGGREGATE 100% INTEREST):

Year 3 Anniversary     $20,000 cash plus 100,000 shares, $500,000 in
                       exploration

Year 4 Anniversary     $120,000 cash plus 400,000 shares, $500,000 in
                       exploration (earns 100%)


Total                  $200,000 plus 750,000 shares, $1.4 million in
                       exploration



A 2% net smelter return royalty has been retained by the prospectors with the
option of 1% being purchased by White Pine for $1 million. The acquisition
remains subject to the approval of the TSX Venture Exchange.


The Boston Creek gold mining district has had sporadic gold production from 5
gold mines dating back to 1918. The MZ Gold Property lies adjacent to and in
between two former producers, the Cathroy-Larder Mine and the Gold Hill Mine.
The Cathroy-Larder Mine, now owned by Mirado Nickel, has extensive underground
workings to the 500 vertical foot level and has had open pit production in the
past.


'The Boston Creek gold mining district is poorly understood and has had limited
exploration over the years' stated Mike Kilbourne, P.Geo and White Pine's
President. "White Pine has been looking to acquire a promising gold property in
a historic mining district for the last 6 months. Exploration programs of
line-cutting, ground geo-physics, trenching and drilling are planned to commence
immediately upon receipt of all applicable regulatory approvals."


Mike Kilbourne, P.Geo and President of White Pine, is a qualified person and is
responsible for the technical content of this release.


Potential quantity and grade is conceptual in nature. There has been
insufficient exploration to define a mineral resource on the MZ Gold Property
and it is uncertain if further exploration will result in the target being
delineated as a mineral resource. All scientific and technical disclosure
contained in this press release has been prepared under the supervision of, and
verified by Mike Kilbourne, President White Pine Resources Inc., a "qualified
person" within the meaning of National Instrument 43-101 of the Canadian
Securities Administrators.


Forward looking statements: Certain information set forth in this news release
may contain forward-looking statements that involve substantial known and
unknown risks and uncertainties. These forward-looking statements are subject to
numerous risks and uncertainties, certain of which are beyond the control of
White Pine, including but not limited to the impact of risks associated with
mineral exploration activities, general economic conditions, industry
conditions, volatility of commodity prices, risks associated with the
uncertainty of resource and reserve estimates, currency fluctuations, dependence
upon regulatory approvals, the unavailability of future financing and
exploration risk. Readers are cautioned that the assumptions used in the
preparation of such information, although considered reasonable at the time of
preparation, may prove to be imprecise and as such, undue reliance should not be
placed on forward-looking statements.


Shares Outstanding: 17,592,660

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