Viper Gold Reports High Grade Results From Grab Samples at Campbell Lake Property

Viper Gold Ltd. has announced the assay results of 39 grab samples taken from the Campbell Lake Property. The samples were provided to Viper Gold by the vendor of the option to acquire an undivided 100% interest in the Campbell Lake Property pursuant to an option agreement between the Vendor and Viper Gold.

A total of 21 of 25 samples taken with variable spacing along the 175 metre strike length of the Campbell Lake quartz vein returned assays of greater than 10 grams per tonne ("gpt") gold. The Campbell Lake Zone is also anomalous in copper, zinc, lead, tin and scandium. Highlights of the initial results include:

• Grab samples from Campbell Lake quartz vein assayed up to 1,721 gpt gold and 3,582 gpt silver
• Gold mineralization identified in grab samples over full 175 metre strike length of Campbell Lake quartz vein
• Grab samples from Blue Bottle Lake shear zone assayed up to 73.9 gpt gold and 11.8 gpt silver

Given the high grade results returned from initial assay testing, the Company determined to confirm the results by conducting a second run of check assays on a rush basis. The Company recognizes that grab samples are selective by nature and are unlikely to represents average grades on the property.