The Weepah gold project is located 32 km (20 miles) west-southwest of Tonopah, Nevada, in Sections 23-26, T1N R39E, Esmeralda County. The project comprises 66 unpatented lode mining claims and is approximately 10 miles east of Scorpio Minerals' currently active Mineral Ridge Mine.

The Weepah area has historical gold production from underground and an open pit first mined in the 1930's, and then was mined again in the 1980's by Sunshine Mining Company, along a steep, northerly-striking structure cutting weakly metamorphosed Precambrian sedimentary rocks immediately to the west of Sniper's project. The project is on lands administered by the US Bureau of Land Management and has an approved Notice of Operations in place.

Outcrop sampling by Columbus Gold of "sanded", or lightly silicified, Precambrian limestone, exposed in small outcrops through thin gravel cover on the north edge of an alluvial basin east of the historic pit, yielded values from anomalous up to 10.29 g/t (0.30 opt) gold over 3.6 m (12 ft), and 17.14 g/t (0.50 opt) gold over 1.8 m (6 ft). The favourable geology extends beyond the area of historical drilling to the south and east for 1,200-1,500 m (4,000-5,000 ft) under what appears to be very shallow gravel cover.

• Drill hole WP-2 intersected 7.6 m (25 ft) of 2.29 g/t (0.067 opt) gold from 118.9-126.5 m (390-415 ft) depth, including two separate 1.5 m (5 ft) intervals of 4.31 g/t (0.126 opt) and 4.38 g/t (0.128 opt) gold;
• Drill hole WP-5 intersected 16.8 m (55 ft) of 1.30 g/t (0.038 opt) gold from 7.6-24.4 m (25-80 ft) depth, including 3.0 m (10 ft) of 4.54 g/t (0.132 opt) gold;
• Drill hole WP-7 intersected 27.4 m (90 ft) of 0.73 g/t (0.021 opt) gold from 16.8-44.2 m (55-145 ft) depth;
• Drill hole WP-12 intersected 4.6 m (15ft) of 3.47 g/t (0.101 opt) gold from 79.2-83.8 m (260-275 ft) depth, including 1.5 m (5ft) of 9.37 g/t (0.273 opt) gold from 80.8-82.3 m (265-270 ft) depth.

The geometry of these and other intercepts, as well as information from limited exposures visible in historic prospect pits and trenches, suggest the gold occurs in one or possibly more, shallowly to moderately southeast-dipping, east-northeast striking shear structures, which may occur in a detachment-type structural setting. The geochemistry is similar to that of Carlin type deposits. The mineralization drilled by Cordex remains open to the North, South, and East.

Sniper completed an initial 8-hole reverse circulation drilling program on February 26, 2012 that was designed to extend and fill in the above noted mineralization previously drilled by Cordex. Assay results for Sniper's drill holes are pending.