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
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
VANCOUVER, BC
,
Oct. 2, 2025
/CNW/ -
Silver Viper Minerals Corp.
(the "Company" or "Silver
Viper") (TSXV: VIPR) (OTCQB: VIPRF) is pleased to announce the commencement of a 5,000
metre ("m") diamond drill program at its resource-stage La Virginia Gold-Silver Project ("La Virginia"
or the "Project") in
Sonora, Mexico
. The drill program will be carried out by Globexplore Drilling
Corp., one of the top exploration and drilling analytics companies in
Mexico
.
Drilling will begin at the
El Molino
target with an initial 8-9 reconnaissance drill holes designed to
evaluate the potential of this underexplored area. Following this, drilling will shift focus to
El Rubi
,
where the program will update and aim to expand the existing resource.
Silver Viper President and CEO
Steve Cope
comments:
"We are excited to restart drilling at La
Virginia as precious metals markets gain strong momentum. At
El Molino
, geophysical targets
present a compelling opportunity to outline a new mineralized zone within the system. At
El Rubi
,
near-surface step-outs should expand the existing resource and provide support for future deeper
drilling. The overall program thus positions Silver Viper for both new discoveries and meaningful
resource growth."
2025 Drill Program Overview
The
5,000 m
drill program at La Virginia has been designed to both pursue new discovery
opportunities and strengthen the existing resource base.
El Molino
:
Drilling will begin with 8-9 reconnaissance holes at
El Molino
, a new target where
geophysical surveys have outlined high-priority anomalies. This will be the first-ever drill test of
the area, representing a strong opportunity to identify new mineralized zones within the La
Virginia system.
El Rubi
:
Following
El Molino
, the program will shift to
El Rubi
, the most advanced zone on the
Project. Near-surface drilling here is designed to update the existing resource model and aim to
expand mineralization along strike and at shallow depths. These results will form the foundation
for future programs aimed at testing
El Rubi
at depth.
This dual focus positions Silver Viper to add new discovery potential at
El Molino
while
simultaneously growing and de-risking the resource at
El Rubi
, a strategy that balances exploration
upside with the advancement of established mineralization. Planning for additional metres will be
evaluated as drilling progresses and results are received.
About the La Virginia Project
The La Virginia Project is a large epithermal gold-silver system located in
Sonora, Mexico
. The
Project covers a series of mineralized structures extending across multiple kilometres of strike
length, hosted within volcanic sequences. High-grade mineralization is associated with quartz veining,
brecciation, and strong hydrothermal alteration.
Silver Viper has previously identified and drilled several zones at La Virginia, highlighted by its
El
Rubi
discovery, and delivered the Company's maiden mineral resource estimate. The Project
remains open for expansion, with
El Rubi
continuing to grow and high-priority untested targets such
as
El Molino
offering significant discovery potential.
ABOUT SILVER VIPER MINERALS
Silver Viper Minerals Corp. (TSX.V: VIPR, OTCQB: VIPRF) is a Canadian-based junior mineral
exploration company focused on advancing precious metals projects in
Mexico
. The Company
currently operates two key assets: its flagship resource-stage La Virginia Gold-Silver Project in
Sonora
and the recently acquired Cimarron Gold-Copper Project in
Sinaloa
.
ON BEHALF OF THE BOARD OF DIRECTORS
Steve Cope
President and CEO
Qualified Person
Ben Whiting
M.Sc
.,
P.Geo
., Technical Advisor to Silver Viper Minerals Corp., is the Qualified Person
as defined in National Instrument 43-101 and has reviewed and approved the technical information
contained in this release.
Follow Silver Viper Minerals:
X: @SilverViperCorp
LinkedIn: Silver Viper Minerals Corp.
Facebook: Silver Viper Minerals
YouTube: @SilverViperMinerals
Forward Looking Information
This news release may contain forward-looking statements, including statements with respect to the
terms of the Offering, closing of the Offering and use of proceeds of the Offering. These statements
reflect management's current estimates, beliefs, intentions and expectations; they are not
guarantees of future performance. Forward-looking statements address future events and conditions
and therefore involve inherent risks and uncertainties. Such factors include, among other things: risks
and uncertainties relating to exploration and development, the ability of the Company to obtain
additional financing, the need to comply with environmental and governmental regulations,
fluctuations in the prices of commodities, operating hazards and risks, competition and other risks
and uncertainties, including those described in the Company's financial statements, management
discussion and analysis and/or annual information form available on
www.sedarplus.ca
. The risk
factors identified in such documents are not intended to represent a complete list of factors that
could affect the Company. Actual results may differ materially from those currently anticipated in
such statements and the Company undertakes no obligation to update such statements, except as
required by law.
Neither 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.
SOURCE
Silver Viper Minerals Corp.
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For further information:
For further information contact: Alicia Ford , Corporate Development,
Phone: 604-687-8566, Email: [email protected]
CO: Silver Viper Minerals Corp.
CNW 09:00e 02-OCT-25