Silver Viper Appoints VP Corporate Development and Announces Drilling on Clemente to Recommence in February 2018
Silver Viper Appoints VP Corporate Development and
Announces Drilling on Clemente to Recommence in February
2018
VANCOUVER
,
Dec. 7, 2017
/CNW/ - Silver Viper Minerals Corp. (the "
Company
" or
"Silver Viper
") (
TSX-V: VIPR
) is pleased to
announce that
Alex Peter Tsakumis
has been appointed by the Company as Vice President of Corporate Development.
Mr. Tsakumis is a seasoned executive in the mining space with over twenty-five years of investment experience with private and public companies.
Prior to joining Silver Viper, Mr. Tsakumis was the Vice President of Corporate Development at Alio Gold Corp. (formerly Timmins Gold Corp.)
for nine years, where he played a pivotal role in the development of the corporation from a junior exploration to a production company. He began
his career in 1989 with the Barrington Group, representing advanced stage mining companies. He has experience in capital formation and
management and growth of listed companies, including mergers and acquisitions, corporate governance, and corporate communications. He is a
graduate of the
University of British Columbia
with a Bachelor's Degree in Economics.
"
Alex is a valued addition to our organization
," stated
Stephen Cope
, CEO of Silver Viper. "
His extensive knowledge and experience in the
mining industry coupled with his strong core values and work ethic will serve the Company well as we strive to achieve our goals.
"
Phase I exploration activities at Clemente including reconnaissance mapping, soil sampling and diamond drilling are now completed for the brief
2017 season. Drill and field crews have demobilized, and the remainder of Phase I exploration is scheduled to recommence February 2018.
To date, Silver Viper has completed 9 exploration holes on two prospect areas; El Mundo (4 holes totaling
421m
) and
Nuevo Mundo
(5 holes
totaling
641m
) for a total of 1,062 metres. Silver Viper originally planned for a
2,000m
diamond drill program to be completed by mid-November
2017. However, work could not begin until after the initial public offering was completed and challenging ground conditions in target areas resulted
in low production rates. Further, exploration work was required to be halted to respect the local land access agreement during the local hunting
season. Full assays from the drilling work are pending and will be released once available.
"
Preliminary Phase 1 drilling at Clemente is now complete for the season as we now prepare for resumption of the program in
February
2018
. With a great technical team in place, we look forward to developing our understanding of the Clemente project through our
maiden exploration program,
" said
Steve Cope
, CEO of Silver Viper.
Known mineral deposits in the region demonstrate strong structural control. Previous work on Clemente recognized a complex post-depositional
history including two phases of thrust faulting, subsequent folding and later extensional faulting. Silver Viper considers the property to be highly
prospective and will continue the initial drill test in
February 2018
.
About the Company
Silver Viper Minerals Corp. is a Canadian-based junior mineral exploration company focused on precious metals exploration in the northwestern
Mexican state of Sonora. The Company has an option to acquire a 100% interest in the Clemente Precious-Base Metals Property from Riverside
Resources Inc. The Clemente project is highly prospective, located within the prolific
Sonora
-Mojave megashear. The Company's directors and
management are industry professionals with the Belcarra Group, with a consistent track record of identifying and advancing successful mineral
exploration projects.
Dale Brittliffe, P.Geo., Vice President of Exploration, is a 'Qualified Person' under National Instrument 43-101 and has approved the scientific and
technical information contained in this news release.
Forward Looking Information
This press release contains forward-looking statements based on assumptions as of that date. These statements reflect management's current
estimates, beliefs, intentions and expectations; they are not guarantees of future performance. The Company cautions that all forward-looking
statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond the
Company's control. Accordingly, actual and future events, conditions, and results may differ materially from the estimates, beliefs, intentions, and
expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Company
undertakes no obligation to publicly update or revise forward-looking information.
On behalf of the Board of Directors,
Stephen Cope
, CEO
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.
SOURCE
Silver Viper Minerals Corp.
View original content: http://www.newswire.ca/en/releases/archive/December2017/07/c3325.html
%SEDAR: 00042333E
For further information:
Silver Viper Minerals Corp., 1055 W Hastings St, Suite 1130, Vancouver, BC, V6E 2E9, Alex Tsakumis, VP
Corporate Development, (604) 687-8566 X228, [email protected]
CO: Silver Viper Minerals Corp.
CNW 19:00e 07-DEC-17