VIPR Industries Inc.
PINK SHEETS : VIPR

VIPR Industries Inc.

April 01, 2009 09:07 ET

VIPR Industries Reports Positive Sampling Results, Confirms High-Grade Gold Mineralization at New Singida-Londoni Gold Property

LAS VEGAS, NEVADA--(Marketwire - April 1, 2009) - VIPR Industries Inc. ("VIPR") (PINK SHEETS:VIPR) is pleased to report that a grab sampling program conducted on its new Singida-Londoni Gold Property has confirmed high-grade gold mineralization and returned assay values of up to 18.2 grams of gold per tonne. In its report independent geology firm JICL Consultants of Tanzania, it identified high-grade zones including 18.2 grams per tonne (g/t) and 11.1 g/t, noted the project's "high potential" and recommended VIPR proceed to the next phase of exploration. The Singida-Londoni Gold Property encompasses the newly acquired 20 mining licenses referenced as QDS 123/3.

JICL Consultants, a well regarded third party Geology firm with extensive experience in Tanzania, recently completed the reconnaissance mapping and sampling program on VIPR's Singida-Londoni Gold Property. Using the fire assay method, JICL defined high-grade geochemical anomalies and confirmed gold mineralization in the majority of samples taken. According to the geology report, auriferous quartz veins vary from a few centimeters on the surface and increase with depth to more than 1 meter. High-grade zones intersected during sampling, including 18.2 g/t @ 1.2m, demonstrate the claim block's potential for a significant gold resource and warrant further evaluation.

JICL reports that artisan miners are currently excavating high grades of gold from these overprints at Mwau, Muhintiri, Mang'onyi, Ihanja and Londoni near VIPR's Singida-Londoni claims. The property is located next to Shanta Gold Limited's Singida Project, where Shanta has identified a 543,000 ounce measured, indicated and inferred resource plus an additional 2+ km strike for testing.

JC Barbeck, President and CEO of VIPR Industries, commented: "Although these results do not confirm minable reserves, the highly encouraging grab sample results underscore the potential for economic gold production at VIPR Industries' Singida-Londoni Gold Property. Based on the project's comprehensive documentation, classification as a Primary Mining License with Tanzania's Ministry of Energy and Minerals, close proximity to a world class discovery, and successful Phase I sampling revealing very rich mineralization, VIPR Industries intends to move forward with exploration at Singida-Londoni."

Mr. Barbeck continued, "These results come on the heels of positive pitting and trenching results from the Mwamunguli Diamond Prospect. As announced March 4th, the geology report from Mwamunguli estimates a minimum resource of 100,000 carats of diamonds at a value of over $30 million", but cautions that estimated results could be materially different from actual results. VIPR presently holds an interest in the property, while maintaining the exclusive rights to acquire up to 50% ownership of the Mwamunguli Diamond Prospect.

VIPR acquired the Singida-Londoni Gold Property as part of an asset exchange with its original Singida Gold Property concessions purchased in November of 2007. The company believes the Singida-Londoni claims can be developed at a much faster pace while retaining first right of refusal on the Singida Gold Property.

A copy of the JICL Geology Report can be viewed on VIPR's website: www.viprindustries.com.

About VIPR Industries

VIPR Industries Inc. is a precious metals exploration and development company focused on gold, uranium and other high quality precious metal resources and reserves through mergers, acquisitions and resource development.

Safe Harbor

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding discussion, the words "pleased," "plan," "confident that," "believe," "expect," or "intend to," and similar conditional expressions are intended to identify forward looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, general economic conditions, inherent mining risks, market conditions, competitive factors, the ability to successfully complete additional financings and other risks described in the Company's filings and website, which all investors are advised to view at www.viprindustries.com/motion.asp?menuid=6266&lgid=1&siteid=100382.

For more information please visit www.viprindustries.com.

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