Silver Viper Minerals Corp. provided an update on exploration activities within the La Virginia Silver-Gold Project, located in Sonora, Mexico. Exploration efforts since the release of Silver Viper's Maiden NI 43-101 gold-silver mineral resource estimate have continued to advance with exploration drilling at El Rubi and expansion of mapping and sampling coverage across the project area.

Recent drilling has been performed at the Paredones Zone on the eastern structural/mineralized trend. Quantec Geoscience contractors have now completed data collection for a 31 line-kilometre Magnetotelluric geophysical survey covering approximately 610 hectares. Final deliverables from the survey are expected in the coming weeks.

Silver Viper had engaged Quantec Geoscience to execute a TITAN-MT deep-penetrating geophysical survey centered on the El Rubi Deposit, Paredones and El Molino target areas. The survey is expected to greatly assist in targeting for deeper portions of the mineralized system. The TITAN Magnetotelluric survey is capable of acquiring information from depths in excess of 1,500 metres below surface.

In anticipation of the survey, drilling recently focused on probing of prospective mineralized structures and trends, most recently the Paredones area on the eastern trend sub-parallel to that hosting El Rubi. The exploration team has reviewed preliminary 2D imaging from the first of the MT survey lines and believe the method will be very effective at La Virginia. The company eagerly awaits final deliverables expected in the coming weeks.

Prospecting work continues along the El Rubi trend and the adjacent El Molino trend. Advances have been made at the La Colmena, Paredones and El Molino South prospect areas. These early-stage prospects host outcroppings of silicified hydrothermal breccias and quartz veining, similar to breccias and veining seen in the El Rubi area.

In addition to the geophysical survey, current work includes rock chip sampling and mapping. Preliminary surface chip sampling of mineralized outcrop at El Molino prospect has returned a best result of 1.0 metre grading 90 g/t silver and 8.31 g/t gold from an interval averaging 3.0 metres of 66 g/t silver and 5.11 g/t gold. Recent drilling focused largely on testing areas of the El Rubi trend as it projects toward the north-south trending Macho Libre structure, followed by a preliminary test of the Paredones area, east of El Rubi.

Best results from the recent work include 0.5 metres grading 771 g/t silver and, 1.47 g/t gold from 553.5 metres from hole LV21-316. Four holes testing the Paredones trend have returned assays to date, those being: LV21-323 through 326, with a best value of 1.50 metres grading 5.0 g/t silver and 4.99 g/t gold from a depth of 171.0 metres downhole. Work on this prospect is encouraging and Silver Viper will continue to explore this trend.