White Tiger Gold Ltd.

White Tiger Gold Ltd.

January 13, 2012 07:00 ET

White Tiger Gold Announces Filing of the Savkino Gold Mine Technical Report

TORTOLA, BRITISH VIRGIN ISLANDS--(Marketwire - Jan. 13, 2012) - White Tiger Gold Ltd. (TSX:WTG) ("White Tiger Gold" or the "Company") announced today that a NI 43-101 technical report titled "Mineral Reserve and Resource Estimates of the Savkino Deposit, Zabaikalsky Territory, Russian Federation"(the "2011 Technical Report") for the Savkino Gold Mine (Ildikan Property) in Siberia, Russia has been filed on SEDAR www.sedar.com.

The 2011 Technical Report includes the previously announced estimates for the Ildikan Property containing Proven and Probable reserves of approximately 13.6 million tonnes grading at 1.05 g/t, containing 439,000 ounces of gold, which is a 287% increase in reserve ounces from the estimate contained in the previous technical report.

Qualified Persons

The 2011 Technical Report was prepared by JSC TOMS Engineering ("TOMS"), CSA Global Pty Ltd. dated Dec.13, 2011, under the direction of Dr. Alexander Sobolev, head of the Department of Due Diligence and Consulting, TOMS Engineering, member of Australian Institute of Geoscientists, by reason of education, experience and professional registration, fulfils the requirements of an independent Qualified Person (QP) as defined in NI 43-101.

About White Tiger Gold

White Tiger Gold is a gold mining and exploration company with its assets based in Canada, Peru, and eastern Russia. The common shares of White Tiger Gold are listed and posted for trading on the Toronto Stock Exchange (TSX) under the symbol "WTG".

Forward-Looking Statement

This news release contains forward looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of applicable Canadian securities laws including with respect to the impact of the new resource and reserve estimate on the Savkino Gold Deposit's economics, expansion at the Savkino Mine, the planned increase production threat and the timing thereof, the drilling program on the Ildikan Property, the economic feasibility of the open-pit operations on the Savkino deposit, the planned level of output and the sustainability of production. Words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "estimate" and similar terminology are used to identify forward-looking statements and forward-looking information. Such statements and information are based on assumptions, estimates, opinions and analysis made by the management of White Tiger Gold in light of their experience, current conditions and their expectations of future developments as well as other factors which they believe to be reasonable and relevant. Forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied in the forward-looking statements and information. Risks and uncertainties that may cause actual results to vary include but are not limited to: uncertainties relating to the interpretation of the geology, continuity, grade and size of estimates; unanticipated operational or technical difficulties; changes in the availability of qualified personnel; changes in equity and debt markets; fluctuations in gold and other commodity prices; as well as other risks and uncertainties which are more fully described in White Tiger Gold's Annual Information Form dated March 30, 2011 and its annual and quarterly Management's Discussion and Analysis and in other filings made by White Tiger Gold with Canadian securities regulatory authorities and available at www.sedar.com.

Any forward-looking statement and information speaks only as of the date on which it is made and, except as may be required by applicable laws, White Tiger Gold disclaims any intent or obligation to update any forward-looking statement and information, whether as a result of new information, future events or results or otherwise. Although White Tiger Gold believes that the assumptions inherent in the forward-looking statements and information are reasonable, forward-looking statements and information are not guarantees of future performance and accordingly undue reliance should not be put on such statements or information due to the inherent uncertainty therein.

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