White Pine Resources Inc.
TSX VENTURE : WPR

White Pine Resources Inc.

September 27, 2011 11:48 ET

White Pine Provides Yukon Exploration Update

TORONTO, ONTARIO--(Marketwire - Sept. 27, 2011) - White Pine Resources Inc. (TSX VENTURE:WPR) ("White Pine") is pleased to announce the results to date from its Phase I exploration program on its Money and Tender properties located in the White Gold District, Yukon Territory.

Money Property

The Money Property consists of 33,125 hectares (which includes an additional 2,625 hectares staked as explained below) along a section of the Sixty Mile River, an historic placer drainage approximately 50 kilometres south of Dawson City, Yukon Territory.

A first pass 3,696 sample reconnaissance ridge and spur soil geochemical survey over the Money Property returned encouraging gold anomalies. The northwest target area on the Money Property reported 11 soil samples of greater than 30.0 parts per billion gold ("ppb Au"), with the highest being 253.4 ppb Au. Subsequently, White Pine staked an additional 144 claims (2,625 hectares) contiguous to this anomaly and completed an additional 988 ridge and spur soil samples. Two parallel north-south lines of soils 1,000 metres apart, over a total soil line of (a) 500 meters and (b) 250 meters at 50 meter stations returned the highest contiguous gold in soil results to date:

(a) Soil line returned 10 contiguous anomalous gold values of greater than 10.0 ppb Au, with the highest being 59.8 ppb Au and 84.4 ppb Au;
(b) Soil line parallel to the east returned 5 contiguous anomalous gold values of which 4 samples returned values greater than 48.0 ppb Au, with the highest being 155.9 ppb Au.

The south target area of the Money Property returned 4 soil samples of greater than 40.0 ppb Au, with the highest being 475.1 ppb Au.

At the northwest target area of the Money Property, a follow up program consisting of a 1,620 sample grid soil geochemical survey, in conjunction with a trenching program over the first pass soil anomalies, is expected to be completed in the near future. Soil samples will be collected at 50 metre stations on soil lines spaced 100 metres apart on the 3,500 metre by 2,250 metre soil grid.

An airborne high resolution aeromagnetic and radiometric survey with 100 metre line-spacing and a stream sediment sampling program have been completed on the Money Property. Complete results are pending.

Tender Property

The Tender Property consists of 6,800 hectares and is contiguous to the south border of Kinross Gold Corp.'s J.P. Ross Property.

A first pass 1,504 sample reconnaissance ridge and spur soil geochemical survey on the Tender Property returned encouraging gold anomalies of 20 soil samples of greater than 10.0 ppb Au, with the highest being 77.3 ppb Au, warranting further follow up soil work.

An airborne high resolution aeromagnetic and radiometric survey with 100 metre line-spacing is currently underway and a stream sediment sampling program has been completed on the Tender Property. Complete results are pending.

Upon compilation and interpretation of all exploration data from its Phase I exploration program on its Money and Tender properties, White Pine will identify drill targets for its Phase II exploration program in 2012.

The technical information in this news release was reviewed and approved by Jean Pautler, P.Geo., a Qualified Person under NI 43-101.

About White Pine Resources Inc.

White Pine is a Canadian based mineral exploration company primarily focused on the exploration and development of mineral deposits in Canada.

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 general economic conditions, industry conditions, and dependence upon regulatory approvals. 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.

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