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News - April 01, 2009
News - March 16, 2009
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VIPR Industries Inc.
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VIPR Industries Inc. ("VIPR" or the "Company") is a Nevada based precious metals exploration and development company focused on Gold, Uranium, Diamonds and other precious metal resources and reserves through mergers, acquisitions and resource development. Its principle properties are its Singida-Londoni Gold Property, it’s Itigi / Manyoni Uranium Property, and presently holds a minority interest in the Mwamunguli Diamond property with an exclusive option to purchase up to 50% in the property. All properties are located in Tanzania, a country with an exceptional history for fairness possessing a secure and just British style judicial system enabling it to have the designation of low political risk country. Tanzania is rated as the number 3 Gold producer in Africa with many of the worlds top international mining companies presently doing business within its borders. The Mwamunguli Diamond Mine is located just South of the world renown Williamson Diamond Mine in the Shinyanga region of Tanzania. VIPR Industries is a publicly listed company, currently trading on the U.S. pinksheets exchange under the symbol VIPR. The Company has received positive data from its Stage I Exploration on both its Singida-Londoni Gold Concessions and its Itigi Manyoni Uranium prospect and is actively pursueing financing in order to further expand on its exploration of these properties. Initial third party geological reports have indicated very encouraging data from its stake in the Mwamunguli Diamond Property. Reports have indicated a very positive yet conservative estimate of kimberlite reserves. Further exploration work is planned to accurately prove the reserves, but initial results are deemed encouraging. VIPR's Singida-Londoni Gold property is defined by license numbers QDS 141/3 and is an area of approximately 170.9 square kilometres, adjacent to Shanta Gold within the Singida region. The Shanta Gold project results indicate a resource of 543,000 oz of gold. VIPR's Singida concessions lie along the same belt. The company believes a strong potential exists for the discovery of similar anomalies and mineralization within its claim blocks. Uranium and energy prices have made gains and are expected to continue its upward momentum. A shortage of Uranium now exists in the world which the Company believes will enhance the value of its Itigi Manyoni Uranium deposit made up of 17,000 hectares in size. The radiometric surveys in the area have identified a total of 14 uranium anomalies zones within the license area which contain significantly higher uranium count of 181 cps and a total count of 3200 cps, in 5 of the 14 zones which fall within the license area have a very high priority rating |
