NEWS RELEASES
News Release - Dec 14, 2007
Viking Gold Reports Initial Lake Geochemistry Results On Morris Lake Project
SHARES OUTSTANDING: 28,536,194
TSX Venture Exchange Symbol: VGC (TSX-V)
Toronto, ON, December 14, 2007 - Viking Gold Exploration Inc. (the "Company" or "Viking") is pleased to announce that the analytical results of 154 lake bottom samples collected in August have been received. As shown on the accompanying map the results indicate anomalous values for gold, silver and tungsten in the northern part of the Viking property, in a north thirty degree east trending zone known as the Ormsby Trend. This trend extends northward onto the Tyhee Development Corp. property and the Ormsby portal and Discovery Mine. The Discovery Mine produced over one million ounces of gold at an average grade of over one ounce per ton.
The science of gathering and evaluating the significance of the analyses of organic sediments is relatively young. Thus Viking is taking the precaution of having the samples analyzed by Neutron Activation Analysis (NAA) by a second laboratory before drawing any firm conclusions, including whether additional field work is required before drilling associated geophysical conductors.
The Company is currently finalizing a joint venture drill program with its partner Lakota Resources, to focus on the drill indicated Viking Gold zone. The Company earned a 60% undivided interest in the old Viking Yellowknife Gold Mines property by completing $1.5 million in exploration expenditures by September 6, 2007.
The programs have been, or will be, designed by Dr. Robert Ginn, QP and president of Viking Gold. For additional information please refer to the website or telephone the company office at 416 364-6244, ext 227.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.
