Resource World Magazine

MINING White Tiger Mining receives encouraging Marshall Lake drill results White Tiger Mining Corp. [WTC-TSXV] reports it has received favorable drill results from its recent program at the advanced-stage Marshall Lake Project 30 km west of Nakina, northern Ontario. The company can earn a 50% interest in the project from Rainy Mountain Royalty Corp. [RMO-TSXV] and Marshall Lake Mining PLC by spending $4-million on exploration over five years and issuing 2 million shares over four years to Rainy Mountain. As well, White Tiger may increase its interest to 75% by incurring additional expenditures to take the project to the bankable feasibility stage. Further infill assay results from drill hole RMZ 12-33 are tabled below. Infill drilling builds confidence as to the continuity of a mineral deposit. Hole No. From-ToWidth Cu Ag Au (m) (m) (%) (g/t)(g/t) RMZ 12-33 10-23 including 10-16 including 12-16 and 13 0.24 0.09 0.006 From-ToWidth Cu Ag Au (m) (m) (%) (g/t)(g/t) RMZ 12-31 49-69 20 0.34 0.9 0.005 including 49-52 3 0.54 1.60.014 including 60-63 3 0.99 2.4 0.018 and 178-183 5 0.22 0.50.003 and 220-234 140.41.2 0.013 and 241-265 24 0.45 1.20.013 including 244-250 60.86 2.90.03 including 244-245 1 2.17 8.20.103 including 264-265 1 2.08 3.00.071 RMZ 12-32 68-106 38 0.45 2.2 0.064 including 71-77 6 0.97 3.80.155 and 211-213 20.72 5.50.18 and 252-259 and 271-274 3 0.45 2.6 0.02 and 285-297 12 0.25 1.20.006 and 302-307 and 318-322 40.31.5 0.039 7 0.27 1.60.076 5 0.18 0.80.004 6 0.44 1.32 0.125 4 0.62 1.900.019 147-19952 0.33 1.230.016 including 147-16922 0.54 2.300.024 including 149-154 5 1.57 6.140.088 Earlier, White Tiger released encouraging infill drill results. See table. The company has completed new GPS survey control of cut grid lines within and adjacent to the RM zone, copper discovery at Marshall Lake. White Tiger then commissioned Caracle Creek International to reinterpret previously obtained surface IP (induced polarization) data read from the grid. The company is now in receipt of an unconstrained 2-D inversion of the data, interpolated and expressed as 3-D chargeAPRIL 2013 Hole No. ability and conductivity isosurfaces to an effective depth of investigation of 120 metres below surface. The data revealed four discrete chargeability anomalies, which, when interpreted with the copper 3-D grade shell model, appear to further define the RM copper zones, with the best geophysical responses yet to be tested. The Marshall Lake property is road accessible from Highway 11 and 22 km north of the main CNR rail line. Further assays are pending and drilling continues. n www.resourceworld.com FREEPORT-McMORAN OPTIONS WEST CIRQUE RESOURCES PROSPECTS West Cirque Resources Ltd. [WCQTSXV] reports Freeport-McMoRan Copper & Gold Inc. [FCX-NYSE] has optioned West Cirque's Tanzilla and Pliny properties in northwest British Columbia. Freeport can earn an initial 51% interest by spending $8-million over four years. Steve Vanry, president and CEO of West Cirque, said, "This agreement is consistent with West Cirque's goal of attracting the resources required to successfully explore and develop large-scale porphyry coppergold projects." West Cirque holds a 100% interest in the Tanzilla and Pliny properties as well as in the 431 hectares at Castle, plus 603 hectares under option from Bearclaw Capital Corp. [BRL-TSXV]. The three properties are in Northern Stikine terrane within 10 km of Highway 37. A number of important porphyry copper-gold deposits are located in the region, including the Red Chris deposit under development by Imperial Metals. Previous work by West Cirque in 2011-2012, including geological mapping, rock sampling, and ground magnetic and induced polarization surveys, has outlined highly prospective porphyry copper-gold targets on all three properties. Phase I diamond drilling at Castle in 2011 intersected significant gold and copper mineralization over a strike length of 1,000 metres, open in all directions. Subsequent to completion of a due diligence period, Freeport may achieve first-tier earn-in by fulfilling the following terms: Within 18 months, spend $1.5 million of mandatory expenditures, including $900,000 on the Castle property, $250,000 on the Tanzilla property and $200,000 on the Pliny property; within 30 months, spend $4 million on the properties; within 48 months, spend $8 million. Freeport may finance the JV by preparing a feasibility study to earn additional 26.5%, for a total 77.5% interest. If Freeport chooses not to solely finance, then each of the parties may proportionately finance or dilute. n www.resourceworld.com 43

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