The TSX Venture Exchange has accepted for filing a letter of intent dated Jan. 16, 2021, between White Metal Resources Corp., Len Anderson and Mark Anderson, whereby the company has an option to acquire a 100-per-cent interest in and to the Anderson property, located 40 kilometres northwest of Thunder Bay, Ont. In consideration, the company will pay $150,000 in cash ($50,000 in the first year) and issue a total of 1.6 million shares (700,000 shares in the first year) over three years, subject to a 2.5-per-cent net smelter return (NSR) royalty in favour of the optionors.