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News Release - Feb 25, 2008

In-fill Winter Drill Program Begins on Viking Yellowknife Joint Venture Property

 
SHARES OUTSTANDING: 30,763,871
TSX Venture Exchange Symbol: VGC (TSX-V)
 
Toronto, ON, February 25, 2008 - Viking Gold Exploration Inc. (the Company) has started its winter drill program with Hole V-08-14 on line 450 S on the Viking Yellowknife Joint Venture Property (Viking Gold Exploration 60%, Viking Yellowknife Gold Mines 40%, a 78.8%-owned subsidiary of Lakota Resources Inc.). The property is within the Company’s Morris Lake project, 70 km north of Yellowknife, NWT.
 
The purpose of the drill program is to provide sufficient data to produce a resource estimate in the area surrounding the underground workings. The current drill program is a follow-up to the two previous drill campaigns successfully carried out by the Company in 2005 (18 holes – 2,848.0 m) and 2007 (13 holes 1 – 324.4 m) in and around the Viking Zone, site of the original gold discovery.
 
The current program consists of 12 holes from four set–up’s in the vicinity of an exploration shaft that was sunk in 1947. Each set-up will consist of three holes dipping 70°, 60°and 45° (see figure 1). The drilling will be centered on the shaft and will test 200 m of strike length to a vertical depth of about 260 m. The 12-hole drill program contracted to Foraco Drilling Ltd. will total approximately 2,500 m.
 
The inclined exploration shaft was sunk to investigate the continuation of gold mineralization that was discovered in outcrop in what is now the Viking Zone. Underground exploration consisted of slightly more than 120 m of drifting, crosscutting and slashing, and 224 m of diamond drilling.
 
Historic drilling carried out by several operators has tested the Viking Zone over a strike length of 1,800 m. The current drill program will increase the drill density sufficiently to establish a resource estimate in the most prospective and tested area of the Viking Zone mineralized horizon.
 
The current drill campaign is only one aspect of the Company’s plan to advance the Morris Lake project. While winter drilling focuses on establishing a gold ore resource, the summer program will test a series of recently outlined geochemical lake sediment anomalies and nearby untested geophysical anomalies to the northeast. The northeastern part of the Morris Lake project includes the southwestern continuation of the Ormsby Break, a geological feature on which Tyhee Development has reportedly outlined 8.2 million tonnes grading 3.53 grams of gold per tonne.
 
The program is being carried out under the direct supervision of Robert Ginn, P.Eng. the Qualified Person for the project.
 
For further information contact Robert Ginn, CEO or George Werniuk, Vice President at (416) 364-6244 ext. 227 or visit our website at: www.vikinggold.ca

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

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