White Metal Resources Corp.JULY, 2016

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FORWARD LOOKING STATEMENTS

Certain statements included in this presentation are forward-looking statements which are made pursuant to the “safe harbor” provisions ofthe United States Private Securities Litigation Reform Act of 1995. They include estimates and statements that describe the Company’s futureplans, objectives and goals, including words to the effect that the Company or management expects a stated condition or result to occur.When used herein, words such as “estimate”, “expect”, “believe”, “intend”, “budget”, “plan”, “projection”, “progressing”, “strategy”, “outlook”,“will”, and other similar expressions are intended to identify forward-looking statements. In particular statements relating to the estimatedfuture metal prices, cash flows, expenses, capital costs, ore production, mine life, financing, construction and commissioning are forward-looking statements. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which arebeyond our control, that may cause actual results or performance to differ materially from those currently anticipated in such statements.Important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statementsinclude among others metal price volatility, changes in the US/CDN dollar exchange rate, economic and political events affecting metalsupply and demand, fluctuations in ore grade, ore tonnes milled, geological, technical, mining or processing problems, future profitabilityand production, availability of financing on acceptable terms and unexpected problems during the development, construction and start-upphases of the underground mine. For a more comprehensive review of risk factors, please refer to the Company’s most recent Annual Reportin Form 40-F/Annual Report under “Management’s Discussion and Analysis of Financial Results” and Annual Information Form under “RiskFactors” on file with the U.S. Securities and Exchange Commission and Canada provincial securities regulatory authorities. The Companydisclaims any obligation to update or revise any forward-looking statements whether as a result of new information, events or otherwise.Readers are cautioned not to put undue reliance on these forward-looking statements. Descriptions of mineral reserves and resourcesestimates included herein under Canadian standards may not be comparable to similar information made available by U.S. companiessubject to reporting and disclosure requirements of the United States Securities and Exchange Commission. See “Mineral Reserve andResource Estimate – Note to U.S. Shareholders” in the Annual Report in Form 40-F.The presentation has been prepared by management ofWhite Metal Resources Corp.. and does not represent a recommendation to buy or sell these securities. Investors should always consult theirinvestment advisors prior to making any Investment decision.

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White Metal Resources Corp. (TSXV:WHM)

Shares outstanding: 19,316,076

Current Bid: $0.06

Options: 1,610,000 @$0.10

Treasury: $100,000

CAPITAL STRUCTURE

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Michael Stares: President & CEO, Director

Michael is a successful entrepreneur and has been involved in the mining exploration business for the past 30 years. In March of

2007, Michael along with the rest of the Stares/Keats family were the proud recipients of Prospectors and Developers Association

(PDAC) Bill Dennis Prospector of the Year Award. This award was given to recognize the family's contributions to the mining

industry over the past 40 years. Over the past few years Michael has served on the board of several junior mining companies and at

present is a director of Metals Creek Resources Corp. and Benton Resources Inc. In 2009, Michael along with his brother Stephen

started Rare Earth Metals Inc. where he served as president and CEO for three years.

Scott Jobin-Bevans: Vice President of Exploration, Director

Dr. Jobin-Bevans has more than 25 years of experience in the mineral exploration industry and is currently serving as Chairman and

CEO of Caracle Creek International Consulting. Scott brings to the White Metal team a strong background in economic geology

with international experience in a variety of deposit types and commodities including magmatic sulphides (Ni-Cu), precious metals

(platinum group, gold and silver) and base metals (Cu-Pb-Zn). Dr. Jobin-Bevans also has numerous years of experience in the

public markets and is currently on the board of a number of TSX-V listed companies and has held past positions as a technical

advisor, officer and director of with public (TSX and TSX-V) and private companies.

Matt Witiluk: Chief Financial Officer

Mr. Witiluk holds a chartered professional accountant (CPA, CA) designation, an Honours Bachelor of Commerce degree from

Lakehead University and is a graduate of the Haileybury School of Mines. Mr. Witiluk's professional experience includes providing

controllership and financial consulting services to private companies and junior mining companies listed on the TSX Venture

Exchange.

MANAGEMENT AND BOARD

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MANAGEMENT AND BOARDElliot Strashin: Director (Chairman)

Dr. Elliot Strashin graduated from the University of Toronto School of Medicine in 1980 after which he practiced in the community

of Elliot Lake. During his tenure in Northern Ontario, he began prospecting and staking mineral claims. From 1996-2001 he served

as a director of Maple Minerals Inc. In April, 1999 he joined the board of Canadian Golden Dragon Resources Ltd. as Secretary and

became President and CEO in January, 2000. He continued as President and CEO of Trillium North Minerals Ltd., until June, 2014

when it became White Metal Resources Inc. Dr. Strashin no longer practices medicine but serves as CEO and President of S. Strashin

and Sons Limited where he has redeveloped 550,000 sq. ft. of industrial buildings into green, loft space, most of it LEED certified.

He is also involved with green technology companies, serving on the Board of Directors at dynaCERT Inc.

Alexander Stares: Director

Alexander “Sandy” Stares comes from a family with a long line of prospectors.

He has in excess of 18 years experience in mineral exploration, spanning a variety of Canadian geological terranes, from

Newfoundland to Yukon. He has also completed several tours prospecting in Indonesia and Mexico. He was also one of the

recipients of the PDAC “Bill Dennis Prospector of the Year” Award in March 2007, which was awarded to members of the

Stares/Keats family. He assumed the role of President and CEO of Metals Creek Resources in December of 2007.

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LOCATION: PICKLE LAKE GOLD PROPERTIES

• ~400 km north of Thunder Bay,

Ontario, Canada.

• Near town of Pickle Lake.

• Pro-mining jurisdiction with

long history of mining.

• Paved road accessible.

• Paved airport – regular service.

• Proximal to power grid.

• High-grade gold camp.

Consolidation and Expansion of the Pickle Lake Gold Camp …

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PICKLE LAKE GOLD CAMP: REGIONAL GEOLOGY

• Favourable regional geology.

• Canadian Greenstone Belt.

• Same geological Subprovince

as Red Lake and Rice Lake

gold camps.

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Central Patricia Mine (1935-1951) produced 608,650 oz @ 12 g/t Au.

Central Patricia #2 Mine (1938-1940) produced 13,158 oz @ 23.86 g/t Au.

Pickle Crow Mine (1935-1966) produced 1,446,214 oz @ 17.82 g/t Au.

Dona Lake Mine (1987-1993) produced 218,868 oz @ 6.62 g/t Au.

Golden Patricia Mine (1988-1997) produced 619,796 oz @ 15.21 g/t Au.

AVERAGE PRODUCTION(weighted) = 2,906,686 oz @ 15.23 g/t Au.

PAST PRODUCTION: PICKLE LAKE GOLD CAMP

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PICKLE LAKE GOLD CAMP: THE OPPORTUNITY

• High-grade gold camp:

2,906,686oz @ 15.23 g/t Au

• West Pickle Lake Properties

(100%)

• Recent option agreement on

Kukkee claims

• White Metals has right to earn

100% of JV ground with

Murchison Minerals:

Kasagiminnis Lake

Dorothy-Dobie

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PICKLE LAKE GOLD CAMP: EASTERN REGION

• Multiple opportunities to build Au ounces:

• South Limb Property (100%).

• West Pickle Lake Property (100%).

• Proven gold production:

• Pickle Crow GML (1.45M oz Au).

• Central Patricia (620K oz Au).

• Dona Lake (220K oz Au).

• High-grade gold camp:

• 2.9M oz @ 15.23 g/t Au (wt. avg.).

• Possibility for Cu-Ni-PGE discovery:

• Thierry Mine (14M tonnes @1.6% Cu,

0.2% Ni).

Cadillac VenturesFirst Mining

Goldcorp

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PAST PRODUCTION AND RESOURCES

*all reported resources are historical except Pickle Crow which is NI 43-101 compliant.

• First Mining Finance Corp. (FF:TSXV)

actively exploring the Pickle Crow mine

area – acquired PC Gold Inc. in Nov.

2015.

• Region is underexplored despite

history of high-grade gold production,

numerous high-grade gold showings

and deposits and road access to Pickle

Lake area.

Mine Au (oz) Tons Au Grade (g/t)

Central Patricia 621,808 1,734,384 12.47

Pickle Crow GML 1,446,214 3,070,475 17.82

Dona Lake 218,868 1,814,000 6.62

Golden Patricia 619,796 1,216,165 15.21

Deposit Au (oz) Tonnes Au Grade (g/t)

Pickle Crow* 1,300,000 10,300,000 3.93

Hasaga 'C' 51,020 283,949 5.07

Dobie Zone 53,300 301,000 5.50

Kasagiminnis Lake 400,400 2,600,000 4.79

Current Resources

Historic Production

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SOUTH LIMB GOLD PROPERTY

• 100% owned by WHM.

• Road access to all targets.

• On main Au-bearing iron

formation that hosts past

producer (Dona Lake Mine).

• Numerous EM anomalies

representing possible

structural gold targets.

• Previous drilling with high-

grade gold results.

• 7 proposed diamond drill

holes to test anomalies.

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WEST PICKLE GOLD PROPERTY

• 100% owned by WHM.

• Road within 4 km of target.

• Folding and deformation

based on magnetics.

• Anomalous Au in boulder,

south of magnetic disruption.

• Along trend, west of past

producer (Central Patricia).

• No previous drilling.

• 3 proposed diamond drill

holes.

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WHITE METALS PROPERTY LOCATIONS

• Kasagiminnis Lake:

historic resource – 400,400

oz Au (4.79 g/t Au).

• Dorothy – Dobie:

historic resource – 53,300 oz

Au (5.50 g/t Au).

On trend with Golden

Patricia Mine (past prod.).

• JV: Murchison Minerals (51%)

and White Metal (49%). Under

current agreement White

Metals can earn 100% interest

from Murchison and dilute

Murchison Minerals to 1%

NSR .

Recent Option where as White Metals

can earn 100% of Property from

Murchison

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KASAGIMINNIS LAKE PROPERTY

KASAGIMINNIS DEPOSIT

400,400oz Au

• Murchison completed 7 DDHs

along 250m of 1,300m long

Kasagiminnis Main gold zone.

• Each DDH intersected the

gold-bearing horizon.

• Near-surface gold zone ranges

from 3m to 15m true width.

• Gold zone confirmed to 225m

depth – open at depth/along

strike.

• 5 drill holes planned (1,200m)

to confirm down-dip

extension.

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DOROTHY-DOBIE PROPERTY

• Along trend with high-grade,

Golden Patricia Mine (500,000 oz

@ 20g/t Au past production).

• Along trend with the Dobie Gold

Zone (historic resource: 301,000

tonnes @ 5.5 g/t Au).

• Dobie Gold Zone open to North

West .

• Historic DDH (Trillium North):

153.5g/t Au over 0.43m.Kukkee

Option

New

drilling

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DOROTHY-DOBIE PROPERTY

• Newly acquired Kukkee option .

• Manicougan drilled 9 DDH in

2009 .

• DDH DOB-09-14 intercepted

27.9 meters/ 1.53 gpt Au. DDH-

DOB-09-13 intercepted 1.04 gpt

Au/ 33.2 meters

• This Gold zone completely

open to the north west..

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PROPOSED FINANCING

Proposed to raise up to $600,000@ $0.06 cents

Full warrant attached @$0.15 for 2 years on Non Flow Through

Half warrant attached @ $0.15 for 2 yours on Flow Through

Use of Proceeds:

Immediate follow up drilling of 6 DDH on known gold zone drilled by Manicougan in 2009

(extension of Dobie zone) Total 150 meter step-out

• ~6 diamond drill holes (900-1000 m) on extension of Dobie Zone.

Exploration program:

• Drilling to expand strike of know gold zone on Dobie.

Company G&A.

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SUMMARY

High-grade gold mining camp with proven production.

Recent agreement with Murchison where White Metals can earn 100% of Project

Recent option of the Kukkee option/ drilling on new gold zone planned

Camp-wide Historic Production: 2,906,686 oz @ 15.23 g/t Au (weighted average).

Current properties have over 450,000 oz Au outlined in 2 historic resources.

Seasoned team of explorationists with history of discovery and success.

First Nation consultation underway with proven success in region.

Work permit application approved for drilling and exploration on the Dorothy Dobie Claim Group.

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CONTACTS

For Further Information Contact:

Michael StaresPresident & CEO

1-807-628-7836

email: starcon@tbaytel.net

Scott Jobin-BevansVP Exploration

1-647-405-3632

email: scott.jb@caraclecreek.com