VPR

Viper Gold Ltd. ("Viper Gold" or the "Company") (TSX VENTURE: VPR) is pleased to announce the assay results from the first four drill holes on the Santa Rosa East Zone of the Corongo Property.

Assay results from four drill holes confirm the presence of gold, silver and copper mineralization throughout the Santa Rosa East area as well as high grade silver mineralization associated with quartz-sulphide veining in COR004 that intersected 1.70 metres grading 2.15 grams per tonne ("gpt") gold, 1,785 gpt silver and 2.65% copper and 1.50 metres grading 4.07 gpt gold, 61.20 gpt silver and 1.30% copper. COR002 intersected 2.50 metres grading 0.57 gpt gold, 61.00 gpt silver and 0.14% copper. Significant assay results are summarized in the following table:

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Hole ID  From (m)    To (m)   Width (m)  Gold (ppm) Silver (ppm)  Copper (%)
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COR001      96.00    105.00        9.00   less than         1.12        0.14
                                               0.01
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and        151.10    158.50        7.40        0.12         2.51   less than
                                                                        0.01
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and        324.00    328.40        4.40        0.25         3.85   less than
                                                                        0.01
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COR002       6.80     10.50        3.70        0.29         6.35        0.11
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and          8.00     30.00       22.00        0.02         1.22        0.12
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and        152.00    154.50        2.50        0.57        61.00        0.14
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COR003       0.20     15.00       14.80        0.08         3.00        0.14
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Incl.       10.50     15.00        4.50        0.17         3.27        0.29
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and         48.00     54.00        6.00        0.02        16.80        0.14
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COR004       0.00      6.00        6.00        1.08        16.55        0.34
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Incl.        4.50      6.00        1.50        4.07        61.20        1.30
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and         73.90     76.20        2.30        1.64       1326.0        1.98
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Incl.       74.50     76.20        1.70        2.15       1785.0        2.64
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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). All other assay samples are pending
 analysis.

"The presence of the gold, high grade silver and copper mineralization observed in the diamond drilling confirms the previous surface channel samples and historic adits results reported by the Company" said Paul Davis, President and Chief Executive Officer of Viper Gold. "This drilling program was designed as a first pass on the Santa Rosa East area and will help to define the structural and stratigraphic controls on the gold and silver mineralization. Of interest is the wide spread nature of the copper mineralization distributed throughout all of the sedimentary units that may indicate that this is a proximal environment, close to a copper porphyry system, possibly at depth on the Santa Rosa East area."

A total of six (6) holes representing 1,081 metres of diamond drilling have been completed on the Santa Rosa East zone to date. COR007 is in progress and represents the final hole testing the Santa Rosa East area during this program. Following the completion of COR007, the drill will be moved to the Descubridora area to test the gold and silver zones identified on surface and in the historic adits. A total of 2,000 metres of diamond drilling will be completed on the Corongo Property during this drill program.

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. The exploration program is carried out under the supervision of Duran's President, Cary Pothorin, P.Geo., also a Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Mr. Davis is responsible for all technical information contained in this news release.

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 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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Viper Gold Ltd. Investor Relations 1-800-797-0193 vipergold@advanturecapital.com www.vipergoldltd.com