WSR and Partners to Commence Drilling on its James Bay Properties

TORONTO, ONTARIO, Mar 31 (MARKET WIRE) --
WSR Gold Inc. ("WSR") (TSX VENTURE: WSR) is pleased to announce that a
2,500 meter drill program has commenced on its recently acquired James
Bay nickel and copper properties. Through three separate agreements WSR
will operate the exploration of 17 Claim Blocks on the northeast corner
of the "Ring of Fire" on behalf of its partners, Noront Resources Ltd.
(TSX VENTURE: NOT), Metalex Ventures Ltd. (TSX VENTURE: MTX) and
MacDonald Mines Exploration Ltd. (TSX VENTURE: BMK). The agreements allow
WSR an option to earn a 50% beneficial interest in both the NOT and MTX
claims (as per our recent press releases) and WSR has an option to earn a
75% interest in the BMK claims (collectively the "Properties").

Since mobilization on February 25, 2008 WSR has:

1. Mobilized and completed construction of a 20 person exploration camp
with all the required equipment;
2. Mobilized an extensive exploration team;
3. Reviewed flight data and prioritized exploration targets;
4. Cut ground geophysics lines over the targets and a ground geophysics
program is underway;
5. Delineated a drill program; and
6. Mobilized a drill to the Properties.

A 2,500 meter drill program is now underway on the prioritized exploration
targets.

WSR's total land position in the Ring of Fire, James Bay, Ontario is:

Under option to acquire 50% interest: 25,900 hectares
Under option to acquire 75% interest: 11,200 hectares
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Total 37,100 hectares
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About WSR

WSR is a Canadian based mineral exploration company with extensive
property holdings strategically located on and around the nickel/copper
"Ring of Fire" in northern Ontario near James Bay.

WSR can earn a 50% interest in the McFauld's Lake Property pursuant to an
option agreement with Noront Resources Ltd. (TSX VENTURE: NOT) (see press
release dated November 1, 2007). The area will include 15 Claim Blocks,
approximately 4,400 hectares (9,600 acres) in the Ring of Fire, McFauld's
Lake, Ontario near Noront's prolific nickel copper and platinum group
metals discovery.

WSR has agreed to acquire a 75% interest in the Big Mac Property from
MacDonald Mines Exploration Ltd. (TSX VENTURE: BMK) consisting of 51
Claim Blocks, approximately 27,660 acres (see press release dated
February 15, 2008).

WSR has entered into an agreement with Metalex Ventures Ltd. (TSX
VENTURE: MTX) and Arctic Star Diamond Corp. whereby WSR has the right to
fund a maximum of $20.0 million in expenditures on the James Bay Lowlands
Properties over a 4 year period to earn a maximum 50% interest. The James
Bay Lowlands Properties comprise approximately 214.4 square kilometers
(52,980 acres) (see press release dated March 26, 2008).

Forward looking statements: Certain information set forth in this news
release may contain forward-looking statements that involve substantial
known and unknown risks and uncertainties. These forward-looking
statements are subject to numerous risks and uncertainties, certain of
which are beyond the control of WSR, including but not limited to the
impact of general economic conditions, industry conditions, volatility of
commodity prices, risks associated with the uncertainty of resource and
reserve estimates, currency fluctuations, dependence upon regulatory
approvals, the unavailability of future financing and exploration risk.
Readers are cautioned that the assumptions used in the preparation of
such information, although considered reasonable at the time of
preparation, may prove to be imprecise and as such, undue reliance should
not be placed on forward-looking statements.

Shares Outstanding: 93,737,652

To view a map of the McFaulds Lake Area map, please visit the following
link:

http://media3.marketwire.com/docs/McFaulds.pdf

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

Contacts:
WSR Gold Inc.
John Tait
President and Chief Executive Officer
(416) 628-5905
(416) 628-5911 (FAX)
Email: jtait@wsrgold.ca

Copyright 2008, Market Wire, All rights reserved.

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