C. MacDnnald -WSR Gold Inc

On March 17,2008, WSR Gold Inc. (WSR) and MacDonald Mines Exploration Ltd, announced that they have executed the definitive agreement pursuant to their letter of intent dated February 15,2008, on the Big Mac Properties whereby WSR has an option to acquire up to 75% beneficial interest in the claims by:

1. Spending $2.5 million on the properly over two years;

2. Issuing to MacDonald 5,000,000 common shares of WSR;

3. Paying MacDonald $100,000; and

4. Issuing MacDonald 1,000,000 share purchase warrants of WSR, each full warrant is exercisable into one common shares of WSR within two years from the date of the agreement at $0.50 per warrant.

MacDonald Mines shall have a carried interest until WSR delivers a prefeasibility study to MacDonald Mines on the Big Mac Property. After the delivery of a pre feasibility study, MacDonald Mines will berequired to pay a pro rata portion of costs related to the property to maintain its 25% interest.

The Big Mac Property includes 701 claim units, approximating 11,200 hectares, in the McFauld's Lake area of Ontario.

On March

31 2008 WSR announced that a 2,500 meter drill program had commenced on its recently acquired James Bay nickel and copper properties. Through three separate agreements WSR operates the exploration of 17 claim blocks on the northeast corner of the "Ring of Fire" on behalf of its partners, Noront Resources Ltd., Metallex Ventures Ltd. and MacDonald Mines Exploration Ltd. The agreements allow WSR an option to earn a 50% beneficial interest in both the Noront and Metallex claims and WSR has an option to earn a 75% interest in the MacDonald Mines claims Since mobilization on February 25,2008 WSR has:

1. Completed construction of a 20 person exploration camp with all the required equipment;

2. Mobilized an exploration team to the properties;

3. Reviewed geophysical flight data anipribritized exploration targets;

4. Cut ground geophysics grids over selected targets and completed ground geophysical work;

5. Delineated a drill program and mobilized a drill to the properties.

A 2,500 meter drill program is currently undenvay on the prioritized exploration targets.