Silver Viper Terminates Option on Clemente Project
Silver Viper Terminates Option on Clemente Project
August 27, 2018 – Vancouver, British Columbia. Silver Viper Minerals Corp. (the “Company” or “Silver
Viper”) (TSXV: VIPR) announces that it has terminated the option agreement on the Clemente Precious -
Base Metal Property in Sonora State, Mexico that it entered into on December 2, 2016 with Riverside
Resources Inc.
“We would like to thank Riverside for the opportunity to advance the Clemente project and we look
forward to working with them again in the future. At this time , our focus has shifted towards the La
Virginia project. It is far more advanced and has a history of some very successful drill results while still
being underexplored throughout most of the project.” said Steve Cope, CEO of Silver Viper.
The La Virginia Gold-Silver Project is 220 kilometres east-northeast of Hermosillo, Sonora, Mexico. Camp
and drill pad construction is currently underway and Silver Viper expects to commence drilling on a
5,000 m initial exploration campaign shortly. The first phase of work will be conducted within the Rubi -
Esperanza group of claims currently under option by Silver Viper (see news release of the Company
dated June 25, 2018).
Silver Viper has received all permits and completed land -owner agreements necessary to commence
work. Due to the location of the drilling area, drilling as well as core logging and sampling , will be
conducted from the field camp currently under construction. Silver Viper’s regional exploration effort
continues to prospect and refine additional targets slated for drill testing in the coming months.
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’s directors and
management are industry professionals 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, b eliefs, intentions and expectations; they are not
guarantees of future performance. The Co mpany 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 Company’s limited operating history; the need to co mply with environmental and
governmental regulations; fluctuations in currency exchange rates; fluctuations in the prices of
commodities; operating hazards and risks; competition and other risks and uncertainties, including
those described in the Company’s Amended and Restated Prospectus dated July 21, 2017 available on
www.sedar.com. Accordingly, actual and future events, conditions , and results may differ materially
from the estimates, beliefs, intentions , and expectations expr essed 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
For further information please contact:
Silver Viper Minerals Corp.
1055 W Hastings St, Suite 1130
Vancouver, BC
V6E 2E9
Stephen Cope, CEO
(604) 687-8566
Neither the TSX Venture E xchange nor its Regulation Services P rovider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.