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Monday, 27th April 2009 (828 views)

VIPR Industries has revealed that it has commenced drilling to identify additional target zones for exploration on its Singida-Londoni gold property.

The company announced that it has started to identify target zones for further exploration of its prospect.

By analysing previous data from the Singida-Londoni property, VIPR Industries is now planning to secure significant levels of funding for additional exploration.

Activities on the property will comprise ground magnetic survey, geological mapping, collection of soil samples, pits, trenches, data processing and interpretation.

Part of an ongoing exploration programme, the firm is hoping that the exploration work will lead to extensive drilling on the prospect.

JC Barbeck, VIPR president and chief executive, said: "We are eager to further expand on positive data and focus on obtaining additional affirmative results that can lead to a drilling programme."

Based in Las Vegas, Nevada, VIPR Industries is a precious metals exploration and development business with properties in Tanzania.

 

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