Vancouver, British Columbia, October 1, 2013 - Scott Baxter, President and CEO of Sniper Resources Ltd. (TSX-V: SIP) ("Sniper" or the "Company") announces:

Annual General Meeting

Sniper's Annual General Meeting has been called for December 19, 2013. The Notice of Meeting and Management Information Circular will be mailed within the next few days.

Mr. Geir Liland, who has served as a director since February 2012, has advised management that he will not be seeking re-election at the AGM. Management thanks Mr. Liland for his service to the Company and especially for his contributions during these difficult market times.

In addition to the incumbent members of board of directors, management will be nominating Mr. Tim Johnson to the board. Mr. Johnson is a co-owner of Tahltan Northern Exploration Services, a company that provides labour services to the mineral exploration industry and is mandated to hire First Nations individuals. Mr. Johnson is also a director, President and CEO of Granite Creek Gold Ltd., a TSX-V listed company with exploration interests in British Columbia and Mali, West Africa.

Weepah Property Option

Sniper has issued 400,000 common shares at $0.05 per share to Columbus Gold Corporation ("Columbus") bringing Columbus' shareholding to 4,822,908 shares or approximately 10.7% of Sniper's issued capital. The shares are subject to a hold period until March 21, 2014. The share issuance satisfies a payment condition in the Weepah property option agreement.  The Weepah property option remains in good standing.

In addition to prior positive drill results from Sniper's two drill programs totalling 20 drill holes between March and June 2012 on the Weepah property, recent drill results from Columbus' Eastside Project, located approximately 16 miles NNW across the valley from Weepah, has generated a fresh wave of interest in the exploration vicinity.

See Weepah Location Mapfor proximity of the Weepah Gold Project to Columbus' Eastside Discovery and Scorpio gold's Mineral Ridge.

On October 17th, 2013 Columbus announced "very encouraging drill results" from an RC program which was following up on a 2011 discovery by Columbus Gold in which drilling cut 13.6 meters (44.6 feet) of 2.42 g/t gold (including 6 meters of 5.17 g/t gold). These "very encouraging drill results" included an intersection of 27 meters (88.5 feet) averaging 1.82 g/t gold within a wider 53.4 meter intercept grading 1.108 g/t gold. The same hole, ES-14, intersected 12.2 meters (40 feet) of 54.1 g/t silver (1.59 opt Ag) associated with the gold.

Columbus Gold has recently commenced a 12 hole, 3,300 metre (10,000 feet) follow-up drill program on its Eastside project to extend the known gold mineralization.

Stock Options

The Company has granted 1,600,000 incentive stock options to directors and consultants. The options are exercisable at a price of $0.10 per share for a term of five years expiring November 25, 2018, all subject to the terms of the Company's incentive stock option plan.

About Sniper Resources Ltd.

Sniper Resources Ltd. is engaged in the identification, acquisition and exploration of gold properties with a primary focus in the State of Nevada, USA. Sniper owns a 100% interest in the Laura property and holds options to earn a controlling interest in two additional strategically located gold projects, the Overland Pass and Weepah properties, all in Nevada.

For further information about Sniper Resources and its Nevada projects please contact Mr. Scott Baxter, President and CEO at (604) 263-5614 or via email scottbax@telus.net.

To subscribe to Sniper's newsletter, The Sniper News, email us at infoatsniperresources@gmail.com

Please visit the Sniper Resources Ltd. website at www.sniperresources.com

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