White Knight Resources Ltd.
TSX VENTURE : WKR

White Knight Resources Ltd.

November 15, 2005 16:27 ET

White Knight Resources Ltd.: New Pass Project Phase I Drilling Returns Significant Results

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 15, 2005) - White Knight Resources Ltd. (the "Company") (TSX VENTURE:WKR) has been informed by its joint venture partner, Bonaventure Enterprises Inc., that it has received assay results for all 28 Phase I drill holes at the Company's New Pass project located in central Nevada, approximately 27 miles (43 km) west of Austin. A total of 9,140 feet of RC drilling was conducted. Complete drilling results using a 0.010 oz/ton (0.311 g/t) gold cut-off are shown in the table below. Gold equivalent grades using silver values are calculated as silver is generally partially recovered in the heap leach process.



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NEW PASS PHASE 1 DRILL RESULTS
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SECTION HOLE # Total Depth From To Interval
(Feet) (Feet) (Feet) (Feet) (Feet)
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700N NP-0506 500 325 350 25
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405 445 40
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NP-0507 400 215 285 70
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290 315 25
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NP-0508 300 140 165 25
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180 230 50
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900N NP-0510 440 280 390 110
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NP-0512 300 185 200 15
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215 275 60
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Including 230 235 5
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NP-0504 250 105 175 70
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1000N NP-0515 400 320 365 45
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NP-0519 300 165 235 70
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NP-0518 200 35 120 85
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1100N NP-0517 250 165 230 65
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NP-0520 200 40 70 30
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105 180 75
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Including 135 145 10
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1200N NP-0514 400 365 400 35
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1500N NP-0513 320 265 320 55
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NP-0523 350 180 275 95
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NP-0501 240 40 55 15
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80 110 30
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1700N NP-0511 335 Hole Lost
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NP-0524 350 180 195 15
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210 225 15
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240 275 35
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NP-0521 300 85 210 125
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1800N NP-0522 285 Hole Lost
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NP-0526 350 205 225 20
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270 315 45
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NP-0525 250 10 20 10
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90 120 30
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Including 100 110 10
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145 185 40
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220 230 10
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2000N NP-0516 500 315 450 135
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Including 315 320 5
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NP-0509 300 130 175 45
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280 295 15
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3000N NP-0527 400
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3200N NP-0528 440 315 350 35
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Including 320 330 10
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380 390 10
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3400N NP-0503 200 110 130 20
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140 185 45
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3500N NP-0502 280 70 125 55
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170 180 10
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265 275 10
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Gold Silver Gold Gold
SECTION HOLE # Values Values Equivalent Equivalent
(Feet) (Oz/ton) (Oz/ton) (Oz/ton) (G/ton)
(60/1 Ag:Au ratio)
--------------------------------------------------------------------
700N NP-0506 0.035 0.11 0.037 1.151
--------------------------------------------------------------------
0.022 0.20 0.025 0.778
--------------------------------------------------------------------
NP-0507 0.014 0.66 0.025 0.778
--------------------------------------------------------------------
0.020 0.89 0.035 1.089
--------------------------------------------------------------------
NP-0508 0.015 0.23 0.019 0.591
--------------------------------------------------------------------
0.039 0.42 0.046 1.431
--------------------------------------------------------------------
900N NP-0510 0.025 0.65 0.036 1.120
--------------------------------------------------------------------
NP-0512 0.025 0.18 0.028 0.871
--------------------------------------------------------------------
0.046 0.17 0.049 1.524
--------------------------------------------------------------------
0.203 0.50 0.211 6.563
--------------------------------------------------------------------
NP-0504 0.028 0.23 0.032 0.995
--------------------------------------------------------------------
1000N NP-0515 0.025 0.34 0.030 0.933
--------------------------------------------------------------------
NP-0519 0.022 0.15 0.024 0.746
--------------------------------------------------------------------
NP-0518 0.015 0.19 0.018 0.560
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1100N NP-0517 0.015 0.23 0.019 0.591
--------------------------------------------------------------------
NP-0520 0.012 0.37 0.019 0.591
--------------------------------------------------------------------
0.057 0.20 0.060 1.866
--------------------------------------------------------------------
0.307 0.39 0.314 9.766
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1200N NP-0514 0.021 0.23 0.025 0.778
--------------------------------------------------------------------
1500N NP-0513 0.011 0.08 0.013 0.404
--------------------------------------------------------------------
NP-0523 0.014 0.15 0.016 0.498
--------------------------------------------------------------------
NP-0501 0.010 0.13 0.012 0.373
--------------------------------------------------------------------
0.023 0.23 0.027 0.840
--------------------------------------------------------------------
1700N NP-0511 NSV NSV NSV NSV
--------------------------------------------------------------------
NP-0524 0.013 0.12 0.015 0.467
--------------------------------------------------------------------
0.013 0.07 0.014 0.435
--------------------------------------------------------------------
0.019 0.25 0.023 0.715
--------------------------------------------------------------------
NP-0521 0.016 0.25 0.020 0.622
--------------------------------------------------------------------
1800N NP-0522 NSV NSV NSV NSV
--------------------------------------------------------------------
NP-0526 0.056 0.13 0.058 1.804
--------------------------------------------------------------------
0.029 0.18 0.032 0.995
--------------------------------------------------------------------
NP-0525 0.014 0.09 0.015 0.467
--------------------------------------------------------------------
0.095 0.38 0.101 3.141
--------------------------------------------------------------------
0.183 0.63 0.193 6.003
--------------------------------------------------------------------
0.012 0.14 0.014 0.435
--------------------------------------------------------------------
0.024 0.18 0.027 0.840
--------------------------------------------------------------------
2000N NP-0516 0.022 0.22 0.026 0.809
--------------------------------------------------------------------
0.183 0.30 0.188 5.847
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NP-0509 0.017 0.19 0.021 0.653
--------------------------------------------------------------------
0.046 1.35 0.068 2.115
--------------------------------------------------------------------
3000N NP-0527 NSV NSV NSV NSV
--------------------------------------------------------------------
3200N NP-0528 0.076 0.17 0.079 2.457
--------------------------------------------------------------------
0.191 0.36 0.197 6.127
--------------------------------------------------------------------
0.013 0.03 0.014 0.435
--------------------------------------------------------------------
3400N NP-0503 0.047 0.03 0.048 1.493
--------------------------------------------------------------------
0.023 0.12 0.025 0.778
--------------------------------------------------------------------
3500N NP-0502 0.015 0.05 0.016 0.498
--------------------------------------------------------------------
0.014 0.22 0.017 0.529
--------------------------------------------------------------------
0.014 0.01 0.014 0.435
--------------------------------------------------------------------
Note: Intervals are true thickness except -65 degree holes that are
80% true thickness; NSV equals no significant values.


Bonaventure's drilling program has confirmed previous drilling results in the area of the historic resource and identified potential shallow extensions 200 to 350 feet to the east. The historic resource occurs between sections 700N and 2000N. More importantly, scattered drill holes from section 2100N to section 3500N have intersected 55 to 75 feet thick zones of mineralization indicating the potential for a major expansion of the resource to the north. In addition, north-northwest trending high-angle faults have been identified that may be feeder structures for the deposit and that are separate targets. Results for one of these structures include 10 feet averaging 0.307 oz/ton (9.549 g/t) gold and 0.39 oz/ton (12.130 g/t) silver.

In 1989, Westmont Gold Inc. estimated an historic indicated resource on the property of 3,371,000 tons grading an average of 0.042 oz/ton (1.306 g/t) using a 0.02 oz/ton (0.622 g/t) cut-off (142,000 ounces of gold). This historical resource estimate was completed prior to implementation of NI 43-101 and has not been re-defined to conform to CIM approved standards as defined by NI 43-101. This resource estimate has been obtained from sources believed to be reliable and is relevant. The Company is not treating this historical estimate as a NI 43-101 defined resource or reserve verified by a Qualified Person. Until such time as the Company is able to verify and classify this historic resource according to CIM standards, it should not be relied upon.

Approximately 65% of the historic resource is oxidized and initial metallurgy by Westmont indicates metal recoveries of 75% to 77% using heap leaching. More testing is needed, but work to date indicates the oxide mineralization is amenable to open pit mining and heap leaching. This low cost mining technique is being used at most of the open pit gold-silver mines in Nevada. The average grade of 43 heap leachable deposits in Nevada is 0.035 oz/ton (1.089 g/t) gold.

A Phase II drilling program is currently being planned by Bonaventure with a primary goal of outlining the extent of gold-silver mineralization in the northern portion of the drilling grid. Drilling is expected to resume in the Spring of 2006. In the meantime, an independent contractor will be hired by Bonaventure to conduct a resource estimate from the current drilling. Additional metallurgical testing is also planned during the Phase II exploration program.

Qualified Person - These results have been prepared under the guidance of geologist Richard Kern, Vice-President Exploration of Bonaventure, who is designated as the Qualified Person with the ability and authority to verify the authenticity and validity of this data.

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), sixteen of which are located in the Cortez Trend. The 2005 exploration season is very active for the Company as the total anticipated drilling exposure during the 2005 field season is expected to be approximately 70,000 feet. Bonaventure has an option to earn an initial 50% interest in the New Pass property by incurring expenditures, issuing shares and making cash payments over a 4-year period. Bonaventure can elect to earn an additional 10% interest by financing a feasibility study.

On behalf of the Board of Directors,

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

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

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