Thunder Bay - White Metal Resources Corp. (TSXV: WHM) (FSE: CGK1) (OTC Pink: TNMLF) ('White Metal' or the 'Company') is pleased to announce that it has received additional drill results from its ongoing Phase 3 drilling program at its flagship Tower Mountain Gold Project (the 'Project' or 'Property').

The two drill holes TM-21-120 and TM-21-121 were designed to test the down dip and expansion of the Bench Zone and the Company is very pleased to report that both holes were successful in expanding the Bench Zone. The Phase 3 drilling program was designed to further test the encouraging results received from the Company's Phase 1 and 2 drilling programs previously reported that have been testing multiple gold zones.

Michael Stares, President and CEO of White Metal, stated: 'These widespread gold intercepts continue to demonstrate Tower Mountain's economic potential and we are encouraged that the Bench Zone has promise to host an open-pit mineral resource. This is further substantiated by the combined Bench Zone,110 Zone and D Zone results which are interpreted to represent a broad, single alteration-mineralization system. We will continue to drill the prospective areas within these zones to further our understanding of this impressive gold system. The total strike distance between the northwest portion of the Bench Zone to the southern area of the 110 Zone is approximately 800 metres although additional drilling is required to fully test if there is continuity between the zones.'

TM-21-120 was drilled 30 m to the west-southwest of TM-21-106 while TM-21-121 was drilled 103 m to the southeast of TM-21-120. Both holes were drilled as follow-up from the Phase 2 drilling program and the encouraging results obtained from holes TM-21-105, 106, and 107 that were also designed to test the down-dip extension of the Bench Zone.

The ongoing Phase 3 drilling program has been very successful expanding the Bench Zone to the west and demonstrating the continuity of the down-dip extension. It should also be noted that both diamond drill holes ended in gold mineralization, with TM-21-120 returning 0.67 g/t Au from 285.5-287.0 m (End of Hole) and TM-21-121 returning 0.48 g/t Au from 291.5-293.0 m (End of Hole).

This news release focuses on the Bench Zone portion of the ongoing drilling program, with future core assay results to be reported from several of the other zones as they are received, compiled, and interpreted by the Company. Readers are also encouraged to refer to the Company's news release dated January 11, 2022 for more specific details surrounding the Tower Mountain Phase 3 drilling program.

About the Tower Mountain Gold Property

The Tower Mountain Gold Property is located 50 km west of Thunder Bay, Ontario and consists of unpatented and patented lands totalling 1,968 ha (19.68 square kilometres). The Property has excellent infrastructure and can be worked year-round with well-maintained roads and a power grid within

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