LAS VEGAS, NEVADA -- (Marketwire) -- 07/27/10 -- VIPR Industries Inc. (PINK SHEETS: VIPR) ("VIPR") announces its has completed its most recent MMI geochemistry sampling and analysis programme on its Misangachuki Singida-Londoni Gold property, located in Tanzania, a property defined by 20 concessions.
The data from the recently completed programme was received following a variety of delays in the commencement of the programme. The Company is presently awaiting for the completion of a final report currently being drafted by JICL. The data and report by JICL will subsequently be forwarded to other third party geologist(s) and consultants for review and comment, which will be disclosed in an ensuing press release and posted on the companys website.
JICL Consultants, a firm providing mining and exploration services based in Tanzania was contracted to provide exploration services to VIPR which involved MMI Geochemical sampling, mapping, Pitting, Trenching, Ground Magnetic Survey and assaying. The MMI process is considered more accurate and detailed to previous programmes undertaken.
The recently completed MMI programme involved the following:
-- Geochemical sampling with a total of 442 samples
-- Sample Spacing 25 meters apart with an estimated amount of 442
samples to be taken,
-- Samples to be taken to an estimated depth of 15cm, (range is between
10cm and 25cm depths, from the organic-inorganic soil interface
About VIPR Industries Inc.
VIPR Industries Inc. is a precious metals exploration and development company focused on Gold, Uranium, Diamonds and other 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 http://www.viprindustries.com
Contacts:
VIPR Industries Inc.
Investor Relations
+1(702) 940-0494
+1(702) 942-3397 (FAX)
info@viprindustries.com
www.viprindustries.com
