Silver Viper Minerals Commences 5,000 Metre Drill Program at La Virginia Project, Targeting New Discoveries at El Molino and Resource Expansion at El Rubi

Executive Summary

• Silver Viper Minerals announced the start of a 5,000‑metre diamond drill program at its La Virginia Gold‑Silver Project in Sonora, Mexico.
• The program will begin with 8–9 reconnaissance holes at the newly identified El Molino target, followed by drilling at the more advanced El Rubi zone to update and expand the existing resource.
• The dual focus aims to generate new discoveries while de‑risking and growing the current resource base, positioning the company for future upside in a strong precious‑metals market.

Key Details

• Program Length: 5,000 m total planned drilling depth.
• Drilling Contractor: Globexplore Drilling Corp., a leading exploration and drilling analytics firm in Mexico.
• El Molino Target: Initial 8–9 reconnaissance holes to test high‑priority geophysical anomalies; first ever drill testing of this area.
• El Rubi Zone: Near‑surface step‑out holes intended to update the current resource model and expand mineralization along strike and at shallow depths, providing a foundation for deeper future drilling.
• Strategic Objective: Combine new discovery potential (El Molino) with resource expansion/de‑risking (El Rubi) to enhance overall project economics.
• CEO Comment: Steve Cope highlighted strong market momentum for precious metals and the opportunity to outline a new mineralized zone at El Molino while expanding existing resources at El Rubi.

Notable Quotes

“We are excited to restart drilling at La Virginia as precious metals markets gain strong momentum… The overall program thus positions Silver Viper for both new discoveries and meaningful resource growth.” – Steve Cope, President & CEO