11:24:42 EDT Tue 28 Jun 2022
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White Metal Resources Corp
Symbol WHM
Shares Issued 147,000,750
Close 2022-05-04 C$ 0.075
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White Metal appoints Hanson, Lees as directors

2022-05-04 16:02 ET - News Release

Mr. Scott Jobin-Bevans reports

WHITE METAL ANNOUNCES ADDITIONS TO ITS BOARD OF DIRECTORS

White Metal Resources Corp. has made additions to its board of directors. The company will appoint two new directors, including Wesley C. (Wes) Hanson and Nigel Lees. In addition, Warren Bates will become a strategic consultant to the company.

Dr. Scott Jobin-Bevans, interim president and chief executive officer, stated, "We are pleased that Wes Hanson and Nigel Lees have agreed to bring their considerable experience and leadership to the board and that Mr. Warren Bates will consult to the company as we continue to develop our Tower Mountain gold property towards a Tier 1 resource."

Wesley Hanson, PGeo, has worked continuously in the mining and mineral exploration sector for 40 years. An experienced exploration geologist, he spent his early career as a member of professional teams that founded, developed and operated over a half-dozen, high-grade, underground gold discoveries. Being a member of these small, interdisciplinary team provided an opportunity to round up his professional experience, serving in the engineering, maintenance, metallurgical and mining departments both as a labourer and, eventually, in supervisory roles. As a result, Mr. Hanson offers a wealth of hands-on practical experience with a strong background on mineral exploration, resource and reserve estimation, and project evaluation. Later in his career, Mr. Hanson was part of teams that evaluated, designed and constructed several low-grade, large-tonnage open-pit mines in the Yukon, Nevada, Chile and Brazil. He served in senior management positions with Kinross Gold and Western Goldfields (Newgold), where he was primarily engaged in technical supervision, project design, and mergers and acquisitions.

Mr. Hanson served as president and chief executive officer of Noront Resources from 2009 through 2012, supervising the initial mineral resource estimates for nickel and chromite and securing over $75.0-million in capital financing. He is passionate about the importance of environmental and social governance at all stages of mineral exploration. Mr. Hanson is currently vice-president, exploration, with Unigold, where he has supervised exploration of the Neita concession since 2013.

He is a graduate of Mount Allison University (BSc in geology) and is a practising member of the Association of Professional Geoscientists of Ontario.

Mr. Lees has over 30 years experience in merchant and investment banking in the United Kingdom and Canada. His career in Canada commenced with RBC Dominion Securities as a research analyst. During his career in Canada, he has been a partner and director of several investment dealers, and has assisted in financing companies in the process of going public on the Canadian stock exchanges.

He has served as a member of the listing committee of the Toronto Stock Exchange, as well as an officer and board member of several publicly listed junior mining companies. He was the founder and past director of TVX Gold Inc., a significant North and South American gold producer, which merged with Kinross Gold in 2003. He served as a director of Yamana Gold Inc. for 17 years until 2020, where he served as the chairman of the compensation committee. He served as chief executive officer of Sage Gold Inc. until 2018. Most recently, Mr. Lees co-founded a private mining exploration company, New Break Resources, whose principal exploration properties are in Nunavut, Canada's vast northern territory.

Mr. Bates graduated from University of Manitoba in 1985 with an honours BSc (geology). His work experience includes 20 years (1985 to 2005) with Vista Gold (previously Granges Inc.), where he held successive positions from project geologist to regional manager and, finally, vice-president, exploration. Mr. Bates held the position as VP, exploration, for Pelangio Exploration for an additional 12 years. His experience includes greenfields to mine site exploration in greenstone gold, epithermal gold and porphyry copper exploration, and reserve and resource definition. He has worked all over Canada, the United States, Latin America and Africa, and is currently a consultant geologist.

About White Metal Resources Corp.

White Metal is a junior exploration company exploring in Canada and Southern Africa. The company's flagship property is the Tower Mountain gold project near Thunder Bay, Ont., Canada.

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