Sniper Resources' Drilling Program Confirms and Extends Mineralized Zone at Weepah

Sniper Resources Ltd. (TSX VENTURE:SIP)(FRANKFURT:A1H38M) ("Sniper" or the
"Company") is pleased to report that assays have been received for four of eight
holes in an initial drill program at the Weepah gold property in Esmeralda
County, Nevada. Weepah is situated in the Walker Lane mineral belt,
approximately 25 miles west of Tonopah.


A 1,630 ft (497 m) Phase 1 angle drilling program comprising 8 shallow reverse
circulation holes was completed on February 25. The goal of Sniper's Phase 1
program was to extend and confirm continuity of the mineralization drilled early
in 2011 by Columbus Gold Corporation ("Columbus") and reported by Columbus in
March of that year.


Results of the first four of Sniper's holes that have been assayed, WP-19,
WP-21, WP-22 and WP-23, all returned significant gold intercepts and are highly
encouraging. Initial results appear to confirm the interpretation of, and extend
the mineralized zone that was encountered in Columbus holes WP-05 to the north
and southwest, in WP-04 to the west and in WP-08 to the southwest. The true
thickness and orientation of the gold mineralization remains uncertain but these
results indicate further work is justified.




------------------------------------------------------------------
                                               Average     Average
                                                 Grade       Grade
Drill hole   From (ft)   To (ft) Thickness    (opt Au)    (g/T Au)
------------------------------------------------------------------
WP-21                0       125       125       0.035       1.183
            ------------------------------------------------------
includes            15        30        15       0.111       3.802
            ------------------------------------------------------
And                 40        60        20       0.083       2.832
            ------------------------------------------------------
And                 80       115        35       0.016       0.564
------------------------------------------------------------------
WP-19                0        90        90       0.034       1.188
            ------------------------------------------------------
includes            10        25        15       0.049       1.696
            ------------------------------------------------------
And                 35        60        25       0.062       2.112
            ------------------------------------------------------
And                 40        45         5       0.156       5.340
            ------------------------------------------------------
And                 80        90        10       0.040       1.367
------------------------------------------------------------------
WP-22               45       165       120       0.007       0.245
            ------------------------------------------------------
includes            60        65         5       0.055       1.875
            ------------------------------------------------------
And                 75       115        40       0.010       0.345
            ------------------------------------------------------
And                 90       115        25       0.011       0.392
------------------------------------------------------------------
WP-23              115       190        75       0.010       0.340
            ------------------------------------------------------
includes           115       125        10       0.020       0.696
            ------------------------------------------------------
And                140       155        15       0.012       0.416
            ------------------------------------------------------
And                175       185        10       0.016       0.554
------------------------------------------------------------------



A "qualified person" (as defined in National Instrument 43-101) has not yet
verified the data disclosed in the above table. Sniper reported the coordinates
and orientations of the Columbus and Sniper drill holes in a press release on
March 1, 2012. Results are expected soon from the remaining 4 holes and will be
released as soon as practicable.


The principal drill targets in Sniper's project area are only a few hundred feet
east of a historic open pit that produced over 100,000 oz gold but are quite
different in geological character. The gold mineralization in Columbus' and
Sniper's drilling occurs as replacements in sanded, or lightly silicified, and
oxidized, Precambrian limestone/marble and siltstone/phyllite that is exposed in
small outcrops through thin gravel cover on the north edge of an alluvial basin.
Favorable (for gold mineralization) Precambrian silt and limestone beds lie
immediately beneath shallow gravel cover over a wide area and are altered where
exposed, with very anomalous gold values found locally. As earlier reported by
Columbus, outcrop surface samples have yielded values from anomalous up to 10.29
g/t (0.30 opt) gold over 3.6 m (12 ft), and 17.14 g/t (0.50 opt) gold over 1.8 m
(6 ft).


Mapping, along with ground magnetics and CSAMT geophysical surveys that were
carried-out by Columbus indicate that the favourable geology extends beyond the
area of historical drilling to the south and east for 1,200-1,500 m (4,000-5,000
ft) under what appears to be very shallow gravel cover.


Quality Assurance/Quality Control for Sniper's Drilling

Duplicate samples of approximately 5 and 10 pound nominal weights were collected
during Sniper's drilling from each 5 ft (1.5 m) interval using a cyclone and
rotating hydraulic rotary splitter and one set was delivered for analysis to the
ALS Minerals laboratory facility in Reno, Nevada. ALS is an ISO certified
assaying/geochemistry facility. Pulps were assayed at ALS using their "Au AA23"
procedure (fire assay with atomic adsorption finish) with a 5 ppb Au detection
limit. The duplicate samples were stored on site. Check assays will be performed
as soon as possible by a separate lab.


All scientific and technical information contained in this news release has been
reviewed and approved by Douglas H. McGibbon, a director and the Vice-President,
Exploration of the Company, who is a "qualified person" within the meaning of
National Instrument 43-101.


ABOUT SNIPER RESOURCES LTD.

Sniper Resources Ltd. is engaged in the identification, acquisition and
exploration of gold properties in the State of Nevada, USA. Sniper owns a 100%
interest in the ReHot project and holds options to earn a controlling interest
in four strategically located Nevada gold projects, namely, Guild, Overland
Pass, Weepah, and Laura.


Sniper Resources Ltd. Scott Baxter, Chief Executive Officer

This news release includes certain forward-looking statements or information.
All statements other than statements of historical fact included in this
release, including, without limitation, statements relating to the potential
mineralization and geological merits of the Weepah property, and other future
plans, objectives or expectations of the Company are forward-looking statements
that involve various risks and uncertainties. There can be no assurance that
such statements will prove to be accurate and actual results and future events
could differ materially from those anticipated in such statements. Important
factors that could cause actual results to differ materially from the Company's
plans or expectations include risks relating to the actual results of current
and planned exploration activities; the geology, grade and continuity of any
mineral deposits; fluctuating gold prices; risks associated with property option
agreements, leases, joint ventures and the ability to conclude joint venture
agreements on favourable terms; possibility of accidents, equipment breakdowns
and delays during exploration; exploration cost overruns or unanticipated costs
and expenses; availability of capital and financing required to continue the
Company's exploration programs; general economic, market or business conditions;
regulatory changes and restrictions including in relation to environmental
liability; timeliness of government or regulatory approvals and other risks
detailed herein and from time to time in the filings made by the Company with
securities regulators. The Company expressly disclaims any intention or
obligation to update or revise any forward-looking statements whether as a
result of new information, future events or otherwise except as otherwise
required by applicable securities legislation.
Sniper Resources Ltd. (TSXV:SIP)
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