No, the Snow Queen from Vertigo's "Fables" series is not the White Queen we're thinking of, but the Snow Queen could certainly pass as Emma with these beautiful covers for "Fairest" by Adam Hughes.
The spinoff of "Fables" is written by Bill Willingham and pencilled by Phil Jiminez, who drew several issues in Grant Morrison's "New X-Men." Adam Hughes drew a cover for "Wizard" #159 with Emma Frost and Jean Grey.
These covers are just too cool to not pass up. Hah!