EDITOR: | May 23rd, 2013

White Tiger Mining Corp.: Review of Exceptional Drill Results to Date for Marshall Lake Property, Ontario

| May 23, 2013 | No Comments
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May 22, 2013 — West Vancouver, British Columbia (Source: Marketwired) — White Tiger Mining Corp. (the “Company” or “White Tiger”) (TSX VENTURE:WTC)(FRANKFURT:W0I) is very pleased to provide its first comprehensive review of drill results to date for its Marshall Lake property in Ontario. The Marshall Lake property is an advanced exploration stage copper, silver and gold project located 120 km north of Geraldton, Ontario (via a good all weather gravel road from Hwy 11/Trans Canada Hwy, and just 22 km north of the main CNR rail line).

Selected highlights of certain assay results from the Company’s (and its joint venture partner, Rainy Mountain Royalty Corporation’s) drill programs on the Marshall Lake property (from 2006 to present) for the “RM Zone” (and adjacent zones) are summarized in the following table:

Hole Number From (metres) To (metres) Width (metres) Copper (Cu) (%) Silver (Ag) (g/tonne) Gold (Au) (g/tonne)
RMZ 11-21 149 182 33 1.53 6.8 0.127
RMZ 11-23 269 293 24 1.01 4.0 0.090
RMZ 13-40 144 187 43 1.38 5.4 0.040
GAZ-06-02 3 30 27 2.03 37.9 0.305
GAZ-06-04 2 31 29 1.30 24.7 0.290

Note: a complete summary of assay result highlights is found in the pages that follow and on the Company’s website and in previous news releases.

Most recently updated 3-D modeling of the RM Zone continues to refine and improve the Company’s understanding of the geometry and dimensions of the overall RM Zone. Using a 0.3% copper cutoff, the current model identifies a cylinder-shaped, near-horizontal zone of disseminated and stringer-type copper mineralization with the long axis oriented toward azimuth 215 degrees. The RM Zone geometry, as characterized above, has been traced for 250 metres and currently remains open to the southwest. Additionally, 3-D modeling of the significant copper and silver mineralization near surface within the “Gazooma Zone” (located 150 metres southeast of the “RM Zone”) is now underway.

With continued drilling success targeting the first of four recently identified IP geophysical targets, further drilling plans are now underway in an effort to infill and further substantiate the anticipated mineralization between the “RM South Zone” and the RM Zone. Following that, the Company then intends to drill the other three identified priority IP geophysical targets.

As well, planning is underway for a second phase of geophysical surveys (deep IP) to produce a high resolution 3-D response (chargeability and conductivity) on potential sulphide targets to a depth of investigation of at least 500 metres below surface (400 metres beneath the current geophysical IP depth of investigation). The initial geophysical area of interest embraces five copper zones within close proximity to one another (ie. the RM Zone, the Jewel Box Zone, the Gazooma Zone, the Cherry Hill Zone and the Teck Hill Zone), encompassing a total surface area of 3.5 square kilometres. This will, for the first time, potentially identify significant new targets (within the 12 km by 10 km Marshall Lake property) beneath some of the numerous near surface copper occurrences.

Highlights of assay results from the Company’s (and its joint venture partner, Rainy Mountain Royalty Corporation’s) drill programs on the Marshall Lake property (from 2006 to present) for the RM Zone (and adjacent zones) can be found in the following tables (as extracted from previous news releases):

THE RM ZONE

Hole Number From (metres) To (metres) Width (metres) Copper (Cu) (%) Silver (Ag) (g/tonne) Gold (Au) (g/tonne)
RMZ 07-02 40.7 72.6 31.9 0.71 3.1 0.108
Including 40.7 51.0 10.3 1.09 4.7 0.108
Including 40.7 43.1 2.4 2.13 8.6 0.156
Including 45.95 48.95 3 1.34 6.4 0.189
Including 62.75 65.6 2.85 1.97 8.8 0.434
RMZ 08-06 70 94 24 1.74 8.9 0.323
Including 81.5 83.5 2 3.67 18.1 0.605
Including 85 90 5 3.36 17.1 0.684
RMZ 08-07 11.8 25.6 13.8 0.41 1.5 0.043
And 87 102 15 0.51 3.3 0.116
RMZ 08-08 46.26 100 53.74 0.32 1.5 0.057
RMZ 10-09 159 163 4 0.20 0.7 0.068
RMZ 10-10 38 116 78 0.42 2.1 0.086
Including 111 116 5 1.89 12.0 0.702
RMZ 10-11 82 143 61 0.69 3.4 0.107
Including 110.4 143 32.6 1.04 5.1 0.146
Including 117 122 5 3.53 18.2 0.524
Including 120 121 1 9.32 49.8 1.195
RMZ 10-12 37 44 7 0.21 0.8 0.038
And 127 131 4 0.25 1.5 0.105
RMZ 10-13 91 155 64 0.37 1.9 0.133
Including 91 105 14 0.43 1.8 0.074
Including 123.5 155 31.5 0.44 2.5 0.201
Including 123.5 130 6.5 0.81 4.6 0.114
Including 123.5 124 0.5 3.35 20.0 0.181
Including 152 153 1 1.05 8.0 4.040
RMZ 10-14 117 173 56 0.41 2.5 0.103
Including 117 136 19 0.71 4.4 0.189
RMZ 10-15 149 172 23.0 1.34 6.7 0.285
Including 155 160 5.0 4.08 20.6 1.116
Including 157 159 2 7.25 35.9 2.033
RMZ 10-16 11 12 1 0.91 4.2 0.234
And 16 19 3 0.61 3.2 0.085
And 159 171 12 0.44 2.4 0.044
Including 163 166 3 0.97 5.6 0.095
Including 164 165 1 1.80 11.2 0.221
RMZ 10-17 99 136 37.0 0.48 2.1 0.043
Including 128.8 136 7.2 1.12 5.9 0.127
RMZ 10-18 166 167 1 0.90 2.1 0.220
And 173 178 5 0.59 3.1 0.050
And 200 210 10 0.86 4.8 0.085
Including 201 207.13 6.13 1.27 7.0 0.112
RMZ 10-19 31 59 28 0.39 2.0 0.071
Including 40 59 19 0.49 2.5 0.079
Including 44 49 5 0.65 2.9 0.104
Including 51 57 6 0.59 3.3 0.092
RMZ 11-20 No significant mineralization
RMZ 11-21 12 95 83 0.30 1.3 0.037
Including 12 72 60 0.37 1.7 0.045
Including 12 30 18 0.59 2.8 0.091
Including 19 25 6 1.08 5.4 0.183
Including 68 72 4 1.30 5.7 0.081
And 132 190 58 1.00 4.4 0.084
Including 149 182 33 1.53 6.8 0.127
Including 155 160 5 3.73 16.4 0.308
Including 158 160 2 6.25 28.6 0.540
Including 159 160 1 8.85 38.6 0.826
RMZ 11-22 6 17 11 0.70 1.8 0.014
RMZ 11-23 40 150 110 0.30 1.5 0.031
Including 50 57 7 1.45 6.5 0.159
Including 71 91 20 0.44 2.0 0.044
And 221 241 20 0.62 2.3 0.045
Including 233 237 4 1.76 6.8 0.115
Including 232 241 9 1.02 4.0 0.080
And 269 331.5 62.5 0.60 2.7 0.064
Including 269 310 41 0.80 3.5 0.070
Including 269 293 24 1.01 4.0 0.090
Including 278 282 4 2.87 9.5 0.242
Including 278 279 1 6.71 18.3 0.601
RMZ 11-24 19 41 22 0.44 1.9 0.029
Including 27 32 5 1.06 4.2 0.101
And 56.46 66 9.54 0.28 1.4 0.037
And 78 106 28 0.32 1.5 0.038
Including 82 103 21 0.38 1.7 0.046
RMZ 11-25 5 105 100 0.24 0.9 0.012
Including 9 23 14 0.39 1.4 0.020
And 55 75 20 0.59 2.6 0.035
Including 59 68 9 1.14 5.1 0.058
And 249 276 27 0.32 1.2 0.013
Including 258 259 1 1.01 3.1 0.028
Including 272 274 2 1.98 8.3 0.112
RMZ 11-26 58 71 13 0.20 0.9 0.005
And 80 96 16 0.43 0.7 0.008
RMZ 11-27 109 113 4 0.57 1.6 0.024
RMZ 11-28 28 65 37 0.69 2.4 0.016
Including 28 35 7 2.50 8.9 0.067
Including 28 30 2 3.38 11.8 0.148
Including 32 34 2 4.00 14.7 0.064
And 76 89 13 0.32 1.0 0.005
RMZ 11-29 155 182 27 0.45 1.7 0.016
RMZ 11-30/12-30 112 179 67 0.24 1.5 0.039
Including 115 119 4 0.50 3.9 0.166
Including 145 149 4 0.44 2.3 0.019
Including 176 179 3 0.59 3.1 0.023
RMZ 12-31 49 69 20 0.34 0.9 0.005
Including 49 52 3 0.54 1.6 0.014
Including 60 63 3 0.99 2.4 0.018
And 178 183 5 0.22 0.5 0.003
And 220 234 14 0.40 1.2 0.013
And 241 265 24 0.45 1.2 0.013
Including 244 250 6 0.86 2.9 0.030
Including 244 245 1 2.17 8.2 0.103
Including 264 265 1 2.08 3.0 0.071
RMZ 12-32 68 106 38 0.45 2.2 0.064
Including 71 77 6 0.97 3.8 0.155
And 211 213 2 0.72 5.5 0.180
And 252 259 7 0.27 1.6 0.076
And 271 274 3 0.45 2.6 0.020
And 285 297 12 0.25 1.2 0.006
And 302 307 5 0.18 0.8 0.004
And 318 322 4 0.30 1.5 0.039
RMZ 12-33 10 23 13 0.24 0.1 0.006
Including 10 16 6 0.44 1.3 0.125
Including 12 16 4 0.62 1.9 0.019
And 147 199 52 0.33 1.2 0.016
Including 147 169 22 0.54 2.3 0.024
Including 149 154 5 1.57 6.1 0.088
RMZ 12-34 No significant mineralization
RMZ 12-35 114 119 5 0.93 5.1 0.093
And 167 173 6 0.46 2.2 0.074
And 179 182 3 0.51 3.2 0.082
And 189 193 4 0.58 2.9 0.071
RMZ 12-36 109 112 3 0.52 1.8 0.041
And 130 132 2 0.52 0.8 0.025
RMZ 12-37 142 164 22 0.19 0.9 0.028
RMZ 12-38 8 21 13 0.28 0.88 0.018
Including 12 21 9 0.33 1.03 0.023
RMZ 12-39 58 76 18 0.25 1.17 0.015
Including 58 68 10 0.26 1.21 0.014
Including 72 76 4 0.40 1.82 0.031
And 239 243 4 0.41 1.83 0.183
RMZ 13-40 144 187 43 1.38 5.40 0.040
Including 144 177 33 1.66 6.17 0.047
Including 145 155 10 2.52 9.40 0.065
RMZ 13-41 84 154 70 0.54 2.07 0.031
Including 123 153 30 0.85 3.02 0.032
Including 137 153 16 1.34 4.72 0.055

Note: The “GAZN” drill hole prefix labeling (previously used for the Gazooma North Zone) has since been renamed “RMZ” for the renamed RM Zone.

THE GAZOOMA ZONE

Hole Number From  (metres) To  (metres) Width  (metres) Copper (Cu) (%) Silver (Ag) (g/tonne) Gold (Au) (g/tonne)
GAZ-06-01 7.00 35.00 28.00 1.14 22.5 0.174
Including 7.00 22.00 15.00 1.21 23.9 0.195
Including 11.00 18.00 7.00 1.65 32.0 0.241
Including 24.50 35.00 10.50 1.26 24.9 0.180
Including 27.90 32.00 4.10 1.94 36.8 0.323
GAZ-06-02 3.00 30.10 27.10 2.03 37.9 0.305
Including 8.00 25.90 17.90 2.79 51.8 0.377
GAZ-06-04 2.00 30.70 28.70 1.30 24.7 0.290
Including 2.00 24.50 22.50 1.65 31.2 0.369
Including 3.00 14.00 11.00 2.19 40.6 0.289
GAZ-07-05 23.90 38.70 14.80 2.46 47.6 0.336
Including 32.00 38.70 6.70 4.47 86.5 0.621
Including 32.00 36.00 4.00 6.76 130.2 0.971
GAZ-07-06 22.00 26.00 4.00 0.83 17.2 0.050
And 30.70 33.40 2.70 0.64 13.0 0.098
GAZ-07-07 53.86 59.00 5.14 0.57 6.4 0.119
Including 53.86 55.80 1.94 0.34 3.3 0.129
Including 57.28 59.00 1.72 1.30 14.8 0.192
And 70.17 72.37 2.20 0.86 7.3 0.159
And 83.95 87.75 3.80 0.24 1.3 0.037
GAZ-07-08 39.96 57.15 17.19 0.49 8.6 0.052
Including 39.96 42.00 2.04 2.10 37.0 0.274
Including 49.30 57.15 7.85 0.50 8.8 0.041
Including 53.65 55.16 1.51 1.84 31.8 0.136
Including 54.63 55.16 0.53 4.05 68.7 0.244
And 111.00 138.00 27.00 0.23 0.5 0.010
And 153.80 163.65 9.85 0.28 1.0 0.009
GAZ-07-09 59.00 60.70 1.70 0.81 25.0 0.143
And 68.20 71.60 3.40 0.26 5.8 0.011
GAZ-07-10 39.33 50.85 11.52 0.40 7.5 0.018
And 60.00 62.70 2.70 0.29 6.4 0.014
And 77.00 99.00 22.00 0.49 9.9 0.097
Including 78.00 81.85 3.85 0.46 10.0 0.062
Including 89.00 93.00 4.00 1.73 33.5 0.276
And 108.90 110.40 1.50 0.84 7.8 0.339
And 135.20 151.20 16.00 0.27 0.3 0.006
GAZ-07-11 1.50 22.80 21.30 0.83 15.7 0.121
Including 17.60 18.20 0.60 6.74 119.0 1.025
And 84.80 91.80 7.00 0.29 0.4 0.004
And 104.00 113.00 9.00 0.24 0.7 0.004
And 149.00 155.80 6.80 0.20 0.9 0.014
GAZ-08-12 127.00 139.00 12.00 1.01 24.4 0.237
GAZ-08-14 106.00 140.31 34.31 0.21 4.9 0.056
Including 106.00 111.80 5.80 0.63 15.2 0.209
Including 120.50 122.90 2.40 0.35 7.6 0.092
Including 136.27 140.31 4.04 0.39 10.1 0.047
GAZ-10-15 127.00 130.00 3.00 1.89 42.2 0.628
NWT-07-01 20.00 48.70 28.70 0.25 7.3 0.085
Including 47.10 48.70 1.60 0.64 31.3 0.303
And 79.50 88.00 8.50 0.41 12.2 0.180
And 120.70 122.60 1.90 1.01 23.1 0.208
Notes:
The Gazooma Zone is approx. 150 metres southeast of the RM Zone;
The Cherry Hill Zone is approx. 150 metres north of the Gazooma Zone;
The above drill holes with the prefix “NWT” are part of the Gazooma Zone.

THE TECK HILL ZONE

Hole Number From  (metres) To  (metres) Width  (metres) Copper (Cu) (%) Silver (Ag) (g/tonne) Gold (Au) (g/tonne)
TK-07-01 19.00 89.00 70.00 0.18 2.4 0.037
Including 19.00 45.00 26.00 0.30 4.4 0.058
Including 33.70 42.70 9.00 0.45 6.3 0.109
TK-07-02 56.25 84.00 27.75 0.50 4.7 0.056
Including 56.25 61.00 4.75 1.54 15.1 0.231
Including 56.25 58.00 1.75 3.23 31.9 0.584
Including 63.00 78.00 15.00 0.37 3.4 0.025
TK-07-03 148.00 166.00 18.00 0.21 1.4 0.019
TK-08-06 54.00 77.00 23.00 0.32 2.0 0.030
Including 54.00 63.00 9.00 0.50 3.3 0.045
Including 54.00 57.00 3.00 1.07 7.2 0.108
TK-08-07 89.00 120.00 31.00 0.29 2.2 0.051
Including 97.00 104.00 7.00 0.64 5.1 0.113
TK-08-08 46.00 49.00 3.00 0.32 4.5 0.035
TK-08-09 92.00 142.50 50.50 0.84 9.1 0.044
Including 93.25 97.50 4.25 3.79 38.3 0.267
Including 93.25 95.50 2.25 5.96 59.8 0.445
Including 106.50 111.20 4.70 2.34 24.9 0.109

Note: The Teck Hill Zone is approx. 400 metres southeast of the Gazooma Zone

THE ENZO ZONE

Hole Number From  (metres) To  (metres) Width  (metres) Copper (Cu) (%) Zinc (Zn) (%) Silver (Ag) (g/tonne) Gold (Au) (g/tonne)
TH-07-01 2.00 42.70 40.70 0.12 0.31 4.2 0.054
Including 2.00 5.00 3.00 0.22 4.01 15.5 0.241
Including 32.00 41.70 9.70 0.26 0.01 8.6 0.074
TH-07-02 12.00 36.00 24.00 0.21 0.00 2.3 0.018
Including 14.00 20.00 6.00 0.45 0.01 4.8 0.051

Note: The Enzo Zone is approx. 500 metres east of the Teck Hill Zone

A plan map of all of the drill hole collars referred to in the above tables will be posted on the Company’s website shortly (www.whitetigermining.com).

Drill core was split at the Marshall Lake property and sample preparation was done by ALS Canada in Thunder Bay, Ontario. Pulp samples (<75 microns) were then sent by secure courier to ALS Canada in North Vancouver, British Columbia and analyzed by ICP spectrometre (“ICP”) using a 0.5g representative pulp dissolved in Aqua Regia (3 acid) digestion. All samples grading over 1.0% copper were re-assayed with ore grade ICP and Aqua Regia digestion. Gold analysis was done on a 30 gram sample by fire assay extraction with AA (“Atomic Absorption”) finish.

The Company continues to review and ground proof all known historical data and once this additional information has been fully reviewed and all data digitized, the Company will report on any additional findings.

White Tiger has the option to earn a 50% interest in the Marshall Lake property project from Rainy Mountain Royalty Corp. (“Rainy Mountain”) (TSX VENTURE:RMO) and Marshall Lake Mining PLC (“MLM”) by spending $4 million in exploration expenditures over 5 years and issuing 2 million shares over 4 years to Rainy Mountain. As well, White Tiger has the additional option to increase its interest to 75% by incurring such additional expenditures as are necessary to take the project to bankable feasibility stage. As at October 31, 2012 (the Company’s most recent fiscal year end), White Tiger has earned a 25% joint venture interest in the Marshall Lake property project.

This news release has been reviewed and approved by Gordon Gibson, P.Geo. who is acting as the Company’s Qualified Person for the Marshall Lake property project, in accordance with regulations under NI 43-101.

White Tiger Mining Corp.

Ronald A. Coombes, President

This news release includes certain statements that may be deemed “forward-looking statements” within the meaning of applicable securities legislation. All statements, other than statements of historical facts, that address such matters as future exploration, drilling, exploration activities, potential mineralization and resources and events or developments that the Company expects, are forward looking statements and, as such, are subject to risks, uncertainties and other factors of which are beyond the reasonable control of the Company. Such statements are not guarantees of future performance and actual results or developments may differ materially from those expressed in, or implied by, this forward-looking information. Factors that could cause actual results to differ materially from those in forward-looking statements include such matters as market prices, exploitation and exploration results, continued availability of capital and financing, and general economic, market or business conditions. Any forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and subject to change after that date and the Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Raj Shah

Editor:

Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>


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