VPR

Viper Gold Ltd. ("Viper Gold" or the "Company") (TSX VENTURE:VPR) is pleased to
announce assay results from seven additional drill holes completed on the Santa
Rosa East, Descubridora and Santa Rosa areas (see figure at end of release) on
the Corongo Property located in the Department of Ancash. Drilling has
intersected gold and silver mineralization in all three areas tested on the
Corongo Property during this initial drill program.


COR005 to COR008 were completed on Santa Rosa East area, COR009 and COR010 were
completed on the Descubridora area and COR011 was completed on the Santa Rosa
area. Drilling intersected gold and silver mineralization associated with
quartz-veins and quartz stockworks with alteration consistent with epithermal
systems. COR011 intersected 1.60 metres grading 1.81 grams per tonne ("gpt")
gold, 140.0 gpt silver and 2.46% Cu; COR010 intersected 3.00 metres grading 3.57
gpt gold and 25.65 gpt silver; and COR009 intersected 1.40 metres grading 2.48
gpt gold and 8.00 gpt silver. Significant assay results are summarized in the
following table:




----------------------------------------------------------------------------
                   From       To     Width     Gold      Silver       Copper
Hole ID   Area      (m)       (m)      (m)    (gpt)       (gpt)          (%)
----------------------------------------------------------------------------
COR006     SRE    38.95     44.60     5.65     0.32        2.05         0.03
----------------------------------------------------------------------------
  and            102.50    104.00     1.50     0.18        2.90         0.10
----------------------------------------------------------------------------
                                                      less than    less than
COR007     SRE   103.50    104.57     1.07     0.34        0.50         0.01
----------------------------------------------------------------------------
COR008     SRE     2.75      5.33     2.58     0.14        9.28         0.03
----------------------------------------------------------------------------
                                                                   less than
COR009     DES     9.50     10.50     1.00     0.49        6.10         0.01
----------------------------------------------------------------------------
                                                                   less than
  and             31.50     34.50     3.00     0.88        0.90         0.01
----------------------------------------------------------------------------
                                                                   less than
  and             42.00     47.80     5.80     0.92        9.36         0.01
----------------------------------------------------------------------------
                                                                   less than
  incl.           45.00     46.40     1.40     2.48        8.00         0.01
----------------------------------------------------------------------------
COR010     DES     7.00      9.50     2.50     0.42       37.74         0.04
----------------------------------------------------------------------------
  incl.            8.00      9.50     1.50     0.60       50.70         0.07
----------------------------------------------------------------------------
  and             19.50     32.50    12.50     0.91        9.10         0.01
----------------------------------------------------------------------------
                                                                   less than
  incl.           19.50     22.50     3.00     3.57       25.65         0.01
----------------------------------------------------------------------------
COR011      SR    37.90     40.50     2.60     1.18       96.81         2.22
----------------------------------------------------------------------------
  incl.           37.90     39.50     1.60     1.81         140         2.46
----------------------------------------------------------------------------
  and             60.00     63.00     3.00     0.24       24.55         0.22
----------------------------------------------------------------------------
  incl.           63.00     61.50     1.50     0.19       45.10         0.30
----------------------------------------------------------------------------
All assay intervals reported are core length and do not represent true      
widths (defined as being measured at right angles to the direction of       
extension of the sulphide body). SRE: Santa Rosa East; DES: Descubridora;   
SR: Santa Rosa                                                              



"I am pleased with the results of this first phase of exploration drilling on
the Corongo Property," said Paul Davis, President and Chief Executive Officer of
Viper Gold. "The drilling has intersected numerous gold - silver mineralized
zones that will require a more detailed, follow-up drill program to define the
extent of the gold - silver systems. Plans to extend the geophysical surveys and
road access to the west to begin grass roots exploration on the Pucapampa and
Breccia Zone areas are being developed. Exploration on the Corongo Property has
only just begun and I believe these results confirm the exploration potential of
the Property. The ultimate goal of Viper Gold is to advance the Corongo Property
through a series of well designed exploration programs hopefully resulting in
the definition of a gold and silver resource."


COR009 was drilled below a historic adit with known higher grade gold and silver
values on the Descubridora zone. The hole was designed to test between 10 and 20
metres below the adit along the mineralized structure but intersected a void
where the quartz vein was projected at depth indicating that the historic small
scale mining has extended beyond this depth. Gold and silver mineralization was
noted in the wall rocks surrounding the void and COR009 returned values of 5.80
metres grading 0.92 gpt gold and 9.36 gpt silver from this area. Sample CO-07
taken by Gateway Solutions from this adit as part of the National Instruments
43-101 report on the Corongo Property assayed 14.53 gpt gold and 563.0 gpt
silver (see attached figure of adit sampling and results). The presence of
mining to this depth indicates that the structure associated with the gold and
silver mineralization extends to depth beyond the dimensions of the adit and
represents a good exploration target for further definition drilling to
determine the total extent of the mineralized system.


To view the figure associated with this release, please visit the following
link: http://media3.marketwire.com/docs/aditsampling.jpg


A total of twelve (12) holes representing 1,757 metres of diamond drilling have
been completed on the Corongo Property to date. This phase of drilling has been
completed and assay results are pending for COR012 completed on the Santa Rosa
area. Exploration expenditures will be tabulated to verify the aggregate
expenditure of US$1 million on the project to earn Viper's 50% interest in the
Corongo Property. If there remains outstanding expenditure requirements,
exploration work will begin on the western portion of the property and may
include ground geophysics, mapping and sampling and establishing access to
prepare the Pucapampa and Breccia Zone areas for further exploration.


Assay Information 

Samples are shipped to and assaying is carried out by the ALS Chemex Laboratory
in Lima, Peru, a laboratory whose quality control system complies with
International Standards ISO 9001:2000 and ISO 17025:2005. A four-acid digestion
with 33 element ICP-AES analysis is conducted on all samples, with silver, lead
and zinc being reanalyzed with atomic absorption spectrometry method when
analyzing over the ICP limits. Gold is assayed using a fire assay with an atomic
absorption spectrometry finish. With samples containing over 10 parts per
million ("ppm") gold, a gravimetric finish is employed. A secure chain of
custody is maintained in storing and transporting all samples.


Company Profile 

Viper Gold Ltd. is an emerging Canadian based junior exploration company focused
on the precious metals potential of the "Gold Corridor" in Northern Peru. 


Corongo Property 

The Corongo Property is located in the Department of Ancash in the Republic of
Peru, approximately 400 kilometres north of Lima. The property covers an area of
3,100 hectares and is comprised of 11 contiguous claims. The Corongo Property is
located in a portion of the Western Cordillera of Peru that hosts numerous
precious and base metal deposits, including Barrick Gold Corporation's Pierina
and Lagunas Norte gold mines and Compania Minera Antamina S.A.'s Antamina
copper-zinc mine. Viper Gold entered into an option agreement with Duran
Ventures Inc. ("Duran"), whereby Viper Gold can earn a fifty percent (50%)
beneficial interest in the Corongo Property.


QP Statement 

The information in this release was prepared under the direction of Paul Davis,
P.Geo. President and CEO of Viper Gold, and, a Qualified Person as defined in
National Instrument 43-101 - Standards of Disclosure for Mineral Projects. 


Statements in this press release may contain forward-looking information,
including expectations of the results of future exploration and the potential of
the Corongo Property including with respect to the bulk tonnage potential on the
property. The reader is cautioned that assumptions used in the preparations of
such information, including the ability to find suitable targets, the ability to
negotiate and enforce land access agreements with local communities, the ability
to obtain necessary government approvals for proposed exploration plans, the
ability to control operating costs, commodity price risk management activity,
the ability to make suitable acquisitions and dispositions, and the ability to
access capital and credit facilities may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those
predicted, a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company. These risks
include, but are not limited to, the risks associated with the mining industry,
commodity prices, exchange rate changes, income taxes political risks in Peru
and regulatory changes. Industry related risks could include, but are not
limited to, operational risks in exploration, development and production, delays
or changes in plans, risks associated to the uncertainty of reserve estimates,
health and safety risks and the uncertainty of estimates and projections of
production, costs and expenses. There is a specific risk that the diamond drill
campaign and additional exploration work referred to in this press release
cannot be completed as described herein or at all. The reader is cautioned not
to place undue reliance on this forward-looking information.


To view the map associated with this release, please visit the following link:
http://media3.marketwire.com/docs/mapViper.jpg

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