White Metal Details Immediate Exploration Campaign Plans for the Gunners Cove Gold Discovery

Thunder Bay, Ontario--(Newsfile Corp. - July 24, 2018) - White Metal Resources Corp. (TSXV: WHM) ("White Metal" or the "Company") is pleased to announce the updated plans for an aggressive channel sampling programme on the four priority targets at its new gold discovery, Gunners Cove, Newfoundland. As disclosed in our press release dated July 11, 2018, Company technical personnel have determined that this surface programme is the best way to properly evaluate the gold tenure and continuity of the various gold zones, as well as to assist in the delineation of targets for future diamond drilling. Accordingly, a crew is being mobilized to work on the Gunners Cove Property (the "Property") with work expected to commence within a week.

To date, the extensive unexplored gold system, which the Company has traced intermittingly for approximately 18 kilometres along strike and up to 1.3 kilometres in width, reveals fifteen (15) new areas of gold mineralization of which three (3) have now been identified as high-priority follow-up targets. The three priority zones are, the Gunners Pit Zone, the Stephens Zone, and the Bazooka Zone. The Company is awaiting the results of 15 grab samples from the recently discovered Totem Zone, which are described as sheared black shale and polymictic breccia with up to 10% pyrite in the form of nodules, cubes and stringers. Results dependent, the Company may decide to prioritize the Totem Zone as well, making the Totem Zone its fourth priority.

The Channel sampling programme is expected to begin the first week of August and is planned to take 3 to 4 weeks to complete. Results will be reported when available. The purpose of the channel sampling is to determine the gold zones of highest potential and to help guide the expected comprehensive drilling programme planned to follow the surface programme. Mick Stares, a director of White Metal, and his team, are personally spearheading this comprehensive programme and will continue to foster the prospective extension of the large area of gold mineralization at the Gunners Cove Gold Project and further its recent achievement of gold discoveries.

Jean-Pierre Colin, President and CEO of the Company, stated "Because of all the accomplishments to date at Gunners Cove, the Project at White Metal is currently at its transformative phase. Our priority has naturally turned to the considerable gold discovery at Gunners Cove and all our attentiveness is promptly engaged on devising an immediate and widespread exploration campaign for this summer and this fall. I am confident that Mick Stares can quickly lead channel sampling to a prospective and much anticipated drilling programme which can become the resounding foundation for White Metal. This is just the beginning of something very new: Golden Prospects; Great Possibilities!"

Technical information in this news release has been reviewed and approved by Dr. Scott Jobin-Bevans (P.Geo.), Vice President Exploration and a Director of White Metal, who is a Qualified Person under the definitions established by the National Instrument 43-101.

For more information in regards to the Gunners Cove Property you can visit the company's Web Page at www.whitemetalres.com.

About White Metal Resources Corp (TSXV: WHM):

White Metal Resources Corp is a junior exploration company exploring in Canada and currently has 39,855,240 common shares issued and outstanding.

On behalf of the Board of Directors of White Metal Resources Corp.

"Michael Stares"
Michael Stares, Director

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The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements."

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or projection

For further information contact:
Michael Stares
684 Squier Street
Thunder Bay, Ontario, Canada, P7B 4A8
Phone: (807) 628-7836   Fax (807) 475 7200