Sniper Resources Ltd : Sniper Secures Extension of Weepah Property Option

Vancouver, British Columbia, July 24, 2013 - Scott Baxter, President and CEO of Sniper Resources Ltd. (TSX-V: SIP) ("Sniper" or the "Company") is pleased to announce:

Weepah Property Option Extended

Sniper and Columbus Gold Corporation have agreed to an extension of the Weepah mineral property option agreement whereby the Company could earn an initial 51% and a subsequent 19% for a total 70% interest in the 66 Weepah unpatented lode mining claims located in Esmeralda County, Nevada subject to a 2% NSR.

Pursuant to the original September 26, 2011 Weepah option agreement, the Company would earn its initial 51% interest by, amongst other conditions, incurring US$3,000,000 in exploration expenditures on the property over three years with outstanding exploration obligations of $1,000,000 due by September 26, 2013 and $1,500,000 due by September 26, 2014, $500,000 having been satisfied to date.

The Weepah extension agreement extends the times to fulfill the $1,000,000 exploration expenditure obligation to December 31, 2014 and the $1,500,000 exploration expenditure obligation to December 31, 2015.

Commentary

"I want to express publicly my thanks to Robert Giustra, President of Columbus Gold Corporation, for his cooperation with the Weepah extension" said Sniper President and CEO Scott Baxter. "Sniper now has a full 18 months to meet its next expenditure obligation and 30 months to meet its final exploration obligation. These are a meaningful and realistic timeframes in light of current market conditions, providing adequate windows for both financing and drilling for Sniper's forthcoming exploration obligations. I believe in the potential of Weepah and with these extensions of time in hand Sniper can confidently renew its financing efforts."

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 and ReHot properties 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  [phone] or via email [e-mail].

To subscribe to Sniper's newsletter, The Sniper News, email us at [e-mail]

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

Sniper Resources Ltd. "Scott Baxter" Scott Baxter President and CEO

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.

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 release.