Silver Viper Resumes Exploration Activities at the La Virginia Project Drilling resumes at El Rubi and the surrounding exploration targets.

June 9th, 2020 TSX.V: VIPR, OTC:VIPRF

NEWS RELEASE

Silver Viper Resumes Exploration Activities at the La Virginia Project

Drilling resumes at El Rubi and the surrounding exploration targets.

▪ Recently completed oversubscribed financing for $5.1 Million

▪ Drilling was paused in March 2020 due to concerns related to the global pandemic

▪ One diamond drill will continue to test the El Rubi structure

▪ A second drill will test nearby exploration target zones, currently at Macho Libre

Vancouver, BC. Silver Viper Minerals Corp. (the “Company” or “Silver Viper”) (TSX-V: VIPR) is pleased to

announce that, following a nine week pause in operations, the exploration ca mp at La Virginia has r e-

opened and drilling activities are now underway. With close support from Globexplore Drilling, facilities

at the exploration camp have been upgraded with enhanced health and safety protocols including

monitoring and reporting systems. The recently renewed work program continues Phase II drilling at the

El Rubi discovery area, where systematic testing of the structure is being conducted on 50m sectional step

outs. A second drill will test exploration targets in and around the El Rubi location.

Phase II d rilling had advanced steadily from November 2019, until the pause in late March of 2020 by

which time the company had completed 24 holes for a cumulative 6,955m. Two diamond drill holes were

not logged at the time the work program was paused. That work has now been completed and all samples

have now been received by the assay laboratory.

Recent w ork at El Rubi has focused on a north -northwest trending mineralized zone composed of a

steeply-dipping, gold-silver bearing quartz stockwork/breccia zone, underlain by a series of additional

mineralized structures, currently interpreted as being parallel to the main zone. A second drill mobilized

to site in early March has to date tested a small portion on the first of three targets, considered by Silver

Viper as “High Priority”.

Silver Viper’s President and CEO Steve Cope states, “We are pleased to have a seamless restart of activities

at La Virginia. The health and safety of our workers and the local community are of paramount importance

to us. W e are confident that together with Globexplore we can operate safely during this difficult time.

The company is well financed and we look forward to continuing to expand the El Rubi zone and testing

the other exploration targets.”

About the Project

La Virginia is located 220km east-northeast of Hermosillo, Sonora. It is a large exploration area, primarily

prospective for fault-controlled, low-sulphidation epithermal precious metal mineralization. The Property

and historical exploration database were acquired by way of option agreements made with two distinct

parties. Gold and silver mineralization at La Virginia occurs within breccias, veins and stockworks, hosted

primarily by andesitic volcanics, often in cl ose spatial association to , or cross-cutting pre-mineral dacite

dykes and controlled by fractures and faults that define the regional structural trend. Originally 37,700

hectares in size, Silver Viper’s reconnaissance program has identified key targets and trends which are of

primary interest. The Company has filed reductions of the large concessions to better focus efforts on the

high priority trends.

At La Virginia, Silver Viper’s Phase I drilling comprised work over five target areas totaling 4,753m i n 20

drill holes. Phase II drilling is recommencing with a meterage to date of 6,955m in 24 holes. Hermosillo-

based drill contractor Globexplore Drilling is providing the drilling services. Drilling by the Company builds

upon a sizeable database including 52,635m of drill core from 188 diamond drill holes, generated by the

efforts of previous operators between 2010 and 2013. Silver Viper is expanding upon this work by

continuing exploration northward into prospective untested ground. A recently completed airborne

survey was flown by Geotech Ltd.

QA/QC

Analytical results of drilling intercepts reported by Silver Viper represent samples of halved diamond drill

core submitted by Silver Viper staff directly to Bureau Veritas, Hermosillo, Sonora , Mexico. Samples are

crushed, split and pulverized as per Bureau Veritas method PRP70 -250, then analy zed for gold by lead

collection fire assay fusion on a 30g split with AAS finish, and for a multi-element suite including silver by

multi-acid digestion with ICP -ES/MS finish. Samples triggering precious metal over -limit thresholds of

10g/t Au or 200g/t Ag are retested by lead collection fire assay fusion with a gravimetric finish. Silver

Viper monitors QA/QC using commercially sourced standards and locally sourced blank materials inserted

within the sample sequence at regular intervals.

Dale Brittliffe, P.Geo., Vice President of Exploration is the ‘Qualified Person’ under National Instrument

43-101 and has approved the scientific and technical information contained in this news release. Ongoing

verification of scientific and technical information is achieved by direct involvement in the exploration

work, currently comprising detailed daily collaboration and communication with the project manager at

the work site.

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 currently operates the La

Virginia Gold-Silver Project. Silver Viper has 100% ownership of the La Virginia concessions acquired from

the most recent operator, Pan American Silver Corp. and has an option to acquire a 100% interest in the

Rubi-Esperanza group of claims internal to those concessions. Silver Viper is under management provided

by the Belcarra Group, which is comprised of highly qualified mining professionals.

On behalf of the board of directors,

Steve Cope

President and CEO

For Further Information please contact, Silver Viper Minerals Corp. at (604) 687-8566, email

[email protected] or visit our website at www.silverviperminerals.com

Forward Looking Information

Information set forth in this press release contains forward-looking statements. 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. 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 p rices of commodities ,

operating hazards and risks, competition and other risks and uncertainties, including those described in

the Company’s financial statements available on www.sedar.com. 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 un dertakes no obligation to publicly update or revise 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.