In the first half of 2009 Whetstone has reviewed and consolidated its North American land position with a view to seeking farm out opportunities and relinquishing non prospective ground.  Paul Nagerl, President and CEO, has been working closely with Allan Dolan and the Clarity Minerals team to identify new, more advanced, projects in Africa where the "Clarity connection" gives Whetstone a competitive advantage.  Paul and his team have been creative in securing non dilutive sources of funds, including the sale of portions of the company's significant geophysical data base as well as renting out other assets such as the Eppler Lake field camp to the Manitoba Geological Survey.  The team is focused on "finding the right asset for the current environment" first. Once secured, Whetstone intends to finance off the back of this newly created value.

 

Dr Alex Dak, Savannah's Laboratory and Special Projects Manager, has been hard at work on the detailed chemistry of Kimberlite Indicator Minerals (KIMs) recovered from both Savannah's known and newly-discovered kimberlites.  Alex's findings, based on established work carried out by renowned expert Dr Bill Griffin of Sydney, Australia, confirm and reinforce our initial conclusions that a number of kimberlites in Savannah's western licences sampled cooler lithosphere (i.e. a cooler part of the earth's crust) which bodes well for the preservation of diamonds at their formation depths.   Colloquially, "west is best" because it's "cooler".

During the first half of 2009 Savannah has been busy compiling and reanalysing its 2008 results in preparation of the proposed "spin out" of the company's gold, base metal and uranium interests into Dhahabu Resources and Mwamba Minerals.  This has included the development of separate work programmes and budgets for each company as well as the identification of ground to be "farmed out" to several parties that have expressed interest.  Don Duncan, CEO will be overseeing the commencement of our uranium exploration programmes later in July as well as meeting several joint venture candidates in Dar es Salaam.

Calgary, Alberta (TSX Venture: WMI), January 14, 2009 - Whetstone Minerals Ltd. ("Whetstone") today announced that Thomas Pierce, Chief Financial Officer of Whetstone, has resigned to pursue other interests.

"We would like to thank Tom for his commitment and service to the company during his tenure here.  We wish him well in the future." said Allan Dolan, Whetstone's Chairman.

About Whetstone Minerals Ltd.: Whetstone is a Calgary-based, multi-commodity, mineral exploration company with 100% ownership of properties in Northwestern Ontario and Northern Manitoba.  Whetstone's website address is www.whetstoneminerals.com.

For further information please contact:

Whetstone Minerals Inc.

Paul Nagerl, President and Chief Executive Officer

Phone:  (403) 543-2585

Fax:     (403) 543-2599

Email:  pnagerl@whetstoneminerals.com


To be added to Whetstone's private email list, please contact info@whetstoneminerals.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the

adequacy or accuracy of this release.

Whetstone ANNOUNCES 7.9 GRAMS GOLD/TONNE OVER 2.4 METRES FROM DRILLING AT THE WAMPUM GOLD PROSPECT

Calgary, Alberta (TSX Venture: WMI), November 26, 2008 - Whetstone Minerals Inc. ("Whetstone") is pleased to announce the results of its fall drill program at the Wampum prospect located in the Kenora District of northern Ontario.

DRILLING HIGHLIGHTS

7.9 g Au/t over 2.4 metres intersected at a shallow depth extends the North Zone mineralization eastward.

2.0 g Au/t over 4.1 metres intersected at a vertical depth of approximately 90 metres establishes the depth continuity of the previously undrilled North Zone mineralization.

Paul Nagerl, P.Geo., President and Chief Executive Officer of Whetstone, stated that, "These results extend significantly the known gold mineralization to the north and, in conjunction with the results from drilling on the Main Zone, indicate potential for a broad continuous zone of gold mineralization at Wampum that remains open in all directions. Additional drilling will be necessary to determine the extent of these zones and to establish the potential for an economic deposit at Wampum."

The Wampum Gold Prospect is strategically located along the Cameron Lake - Victor Island gold bearing shear zone which hosts the Nuinsco Resources Limited Cameron Lake gold deposit. The Wampum Main Zone hosts a historical gold mine and was the focus of drilling in the spring of 2008 with several multi-gram gold intersections obtained (see Western Warrior Resources Inc.'s press release dated June 18, 2008). The North Zone lies 200 metres to the north of the Main Zone and is interpreted to be part of the same gold system.

Two drill holes were completed at the Wampum prospect as part of the fall 2008 program. The originally planned drill program was shortened due to economic uncertainties.

 

Hole WL08-17 was the first hole to be drilled under the North Zone and targeted the depth extension of a surface mineralized zone where grab samples yielded up to 77.62 g Au/t (see Western Warrior's press release dated March 25, 2008). The hole intersected a wide section of highly anomalous gold including narrow widths of multi-gram gold mineralization 90 metres vertically below the surface mineralization ¹.

 

Summary of Drilling Intercepts from Hole WL08-17

 

7.9 g Au/t	2.4m	8.1-10.5m
1.8 g Au/t	0.4m	26.1-26.5m
2.1 g Au/t	0.5m	65.5-66.0m
1.1 g Au/t	0.5m	111.5-112.0m
1.1 g Au/t	0.3m	113.8-114.1m
2.0 g Au/t	4.1m	114.1-118.2m	incl. 4.1 g Au/t	1.1m	117.1-118.2m

 

Hole WL08-16 was drilled to the east of the Main Zone, tested previously with holes WL 07-01 and WL07-02. No significant values were obtained suggesting that the zone is truncated or trending northward in this area. Samples from trenches at the Main Zone returned up to 4.65 g Au/t over 3.65 metres and channel sampling returned up to 10.53 g Au/t over 3.30 metres (see Western Warrior's press release dated March 25, 2008).

 

Hole Number	Easting 2	Northing 2	Azimuth	Dip	Length (m)
WL08-16	463502	5459751	182º	-45º	248
WL08-17	463498	5459688	322º	-45º	200

 

Notes:

(1)          Lengths are provided as drill intersected widths only. True widths have not been determined at this time. Uncut assays only reported as g Au/t.

(2)          Hole locations are given as UTM coordinates using the projection NAD83 Zone 15N.

 

The Wampum prospect is located in an area of excellent infrastructure. The prospect forms part of Whetstone's larger 100% owned Kenora District gold exploration portfolio which includes the Bluffpoint and Off Lake projects. Drilling at Bluffpoint completed in 2007 intersected up to 13.46 metres of 2.90 g Au/t (see Western Warrior's press release dated June 20, 2007).

 

Quality Control

Drill core was logged and mineralized intervals were split on site at Nestor Falls, Ontario, with split samples being shipped to Accurassay Laboratories in Thunder Bay for sample preparation and analysis. Gold was analyzed utilizing the Fire Assay method with an AA finish using a 30 gram sample. The drilling program was carried out under the direction of Rob Foy, P. Geo., Senior Geologist for Whetstone, a qualified person as defined by National Instrument 43-101.

About Whetstone Minerals Inc.: Whetstone is a Calgary-based, multi-commodity, mineral exploration company with 100% ownership of properties in Northwestern Ontario and Northern Manitoba.  Whetstone's website address is www.whetstoneminerals.com.

For further information please contact:

Whetstone Minerals Inc. Paul Nagerl, President and Chief Executive Officer

Phone:  (403) 543-2585

Fax:     (403) 543-2599

Email:  pnagerl@whetstoneminerals.com

 

 

To be added to Whetstone's private email list, please contact info@whetstoneminerals.com

 

The TSX Venture Exchange has not reviewed and does not accept responsibility for the

adequacy or accuracy of this release.

 

ANNOUNCES FINALIZATION OF AMENDMENTS TO THE EXERCISE PRICE OF OPTIONS, WARRANTS AND PROMISSORY NOTES

Calgary, Alberta (TSX Venture: WMI), November 12, 2008 - Whetstone Minerals Ltd. ("Whetstone" or the "Company") On October 27, 2008, Whetstone announced the approval by the shareholders of the Company of a consolidation (the "Consolidation") of the common shares of the Company and the amendment to (i) the exercise price ("Exercise Price") of the options and certain warrants of the Company; and (ii) the conversion price ("Conversion Price") of $1,000,000 principal amount of unsecured convertible promissory notes of the Company ("Notes"), as more particularly described in the Company's information circular and proxy statement provided to shareholders in connection with Whetstone's annual and special meeting of shareholders held on October 24, 2008.

Further to Whetstone's prior announcement, Whetstone announced today that the Exercise Price and the Conversion Price have been amended to $0.10 per common share.

Whetstone has 14,860,171 common shares issued and outstanding. In addition, Whetstone has the following convertible securities outstanding: (i) options to purchase an aggregate of 726,000 common shares at an exercise price of $0.10 per share; (ii) warrants to purchase an aggregate of 3,303,143 common shares at an exercise price of $0.10 per share; (iii) warrants to purchase an aggregate of 220,002 common shares at an exercise price of $1.24 per share; and (iv) Notes convertible into an aggregate of 11,449,000 common shares on or before November 28, 2008.

About Whetstone Minerals Ltd.: Whetstone is a Calgary-based, multi-commodity, mineral exploration company with 100% ownership of properties in Northwestern Ontario and Northern Manitoba. Whetstone's website address is www.whetstoneminerals.com.

For further information please contact:

Whetstone Minerals Inc. Paul Nagerl, President and Chief Executive Officer

Phone: (403) 543-2585

Fax: (403) 543-2599

Email: pnagerl@whetstoneminerals.com

To be added to Whetstone's private email list, please contact info@whetstoneminerals.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Don Duncan is very pleased to announce that as from mid October, Anthony Revitt will be joining Savannah, to add considerable strength to the diamond team as General Manager-Diamond Exploration. A native Briton, Anthony earned an M.Sc. from Imperial College in 1989 and now brings eighteen years of increasingly senior exploration experience in sub-Saharan Africa to the company.

His previous posting, until earlier this year, was as Technical Manager for De Beers in DRC. He is a former colleague of Don's when they worked together in Tanzania and he is very happy to be returning to the country where he was part of a team which discovered over 100 kimberlites in the 1990's. He hopes to better that success with Savannah.

Saponin Inc. will be showcased at the Banff Venture Forum, October 2&3 2008.

The Life Sciences Technologies stream of the Forum will focus on emerging companies developing and marketing leading edge life sciences, biotechnology, medical devices, industrial life sciences and agricultural biotech products and services.

To view keynote speakers and more, please visit: http://www.banffventureforum.com/BVFIT/KeynoteSpeakers.aspx

Seed production in 2008 has been very strong, with projections that some field sites will have exceptional yield.  This is very good news for Saponin farmers and bears favourably on Saponin Inc's ability to generate large quantities of products. 

Saponin Inc. has initiated its first pilot scale milling and extracting run at the Innovation Park Bio-Processing Centre and has significantly increase in scale-up capacity. It will take Saponin Inc. one step closer to achieving commercial scale efficiencies.