/NOT FOR DISSEMINATION IN THE
UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE
SERVICES/
TORONTO,
Dec. 3, 2012 /CNW/ - Viking Gold
Exploration Inc. (TSX-V:VGC), the "Company" or "Viking Gold", is
pleased to announce that it has recently commenced exploratory
drilling on the 8 claims under option from Globex Mining
Enterprises Inc. (TSX:GMX). These claims are located in
Guyenne Township, near the city of
Amos, within the Abitibi Region of
Quebec.
This drill program is the commencement of Viking
Gold's exploration work under its 50% earn-in agreement with
Globex. As previously reported in the Company's September 4, 2012 press release, one drill hole
originally drilled in 1988, returned 5.38 g/t gold over 6.2 metres
and there has been very little work done since that time. The
Company plans to drill 10 new holes for a total of approximately
1,200 metres.
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 press release.
This press release contains forward-looking
statements. All statements, other than of historical fact, that
address activities, events or developments that the Company
believes, expects or anticipates will or may occur in the future
(including, without limitation, statements regarding the estimation
of mineral resources, exploration results, potential
mineralization, potential mineral resources and mineral reserves)
are forward-looking statements. Forward-looking statements are
often identifiable by the use of words such as "anticipate",
"believe", "plan", "may", "could", "would", "might" or "will",
"estimates", "expect", "intend", "budget", "scheduled", "forecasts"
and similar expressions or variations (including negative
variations) of such words and phrases. Forward-looking statements
are subject to a number of risks and uncertainties and other
factors that may cause the actual results, performance or
achievements of the Company to be materially different from any
future results, performance or achievements expressed or implied by
the forward-looking statements. Factors that could cause actual
results or events to differ materially from current expectations
include, among other things, without limitation, failure to
establish estimated mineral resources, the possibility that future
exploration results will not be consistent with the Company's
expectations, the price of commodities and other risks identified
in the Company's documents filed with the Canadian securities
regulatory authorities on SEDAR.com. Any forward-looking statement
speaks only as of the date on which it is made and, except as may
be required by applicable securities laws, the Company disclaims
any intent or obligation to update any forward-looking
statement.
SOURCE Viking Gold Exploration Inc.