White Knight Resources Ltd.

White Knight Resources Ltd.

June 12, 2006 14:50 ET

White Knight Drilling Underway at Gold Bar Horst

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 12, 2006) - White Knight Resources Ltd. (the "Company") (TSX VENTURE:WKR) has commenced drilling on its 100% owned Gold Bar Horst property located on the Cortez Trend in Nevada. This Phase I drill program consists of 9 reverse-circulation drill holes, totaling approximately 10,000 feet of drilling. The target is a large Carlin-type deposit hosted in an uplifted horst block of Lower-plate carbonates concealed beneath gravel and volcanics. The Gold Bar Horst property comprises 3707 acres, in two blocks, immediately north and south of the Gold Bar Mine which produced 286,000 ounces of gold between 1987 and 1996.

Upon completion of the drilling at Gold Bar Horst, the Company plans to move the drill rig to its other projects, including Slaven Canyon, Cottonwood, Gold Pick, Hunter and Benmark. A second drill rig is being custom built for the Company with delivery expected in July. In total, the Company intends to drill approximately 65,000 feet on its various properties in 2006.

About White Knight Resources Ltd. - White Knight is an exploration company active in finding and exploring mineral prospects. The Company has been exploring Nevada since 1993 and currently controls the second largest land holding in the Cortez Trend. Its property portfolio includes 18 properties (over 60,000 acres), fifteen of which are located in the Cortez Trend.

On behalf of the Board of Directors,

John M. Leask, P. Eng., Chairman of the Board

Certain of the statements contained in this press release may contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Statements or information regarding objectives of the board of directors are forward-looking statements. The words "intends" and "expects" and similar expressions are intended to identify forward-looking statements or information, although not all forward-looking statements or information contain these identifying words. Plans, intentions or expectations disclosed in any forward-looking statements or information should not be read as guarantees of future results or events, and will not necessarily be accurate indications of whether or the times at or by which such results or events will be achieved. Forward-looking statements or information involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of White Knight, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Except as required by law, White Knight expressly disclaims any intention and undertakes no obligation to update any forward-looking statements or information as conditions change.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information