Viking Gold announces late filing of annual financial statements



    TORONTO, April 30 /CNW/ - Viking Gold Exploration Inc. (TSX-V: VCG)
announces that it will not file its annual financial statements for the fiscal
year ended December 31, 2008 and the related management's discussion and
analysis by the legal deadline of April 30, 2009. Viking Gold has made an
application to the provincial securities commissions under National Policy
12-203 Cease Trade Orders for Continuous Disclosure Defaults requesting that a
management cease-trade order be imposed in respect of the late filing, rather
than a cease-trade order against all of Viking Gold's shareholders. Viking
Gold's failure to file its audited financial statements by the prescribed
deadline is due to a recent illness of the company's Chief Financial Officer.
    Should Viking Gold fail to file the appropriate Default Status Report as
prescribed by National Policy 12-203 Cease Trade Orders for Continuous
Disclosure Defaults, the securities commissions or regulators may as a result
impose an issuer cease-trade order against all shareholders of Viking Gold.
Viking Gold expects to file its audited financial statements for the fiscal
year ended December 31, 2008 and the related management's discussion and
analysis by May 11, 2009. Viking Gold confirms that it intends to provide
Default Status Reports for so long as it is in default of its requirement to
file the annual financial statements.
    Viking Gold also confirms that, at the date hereof, there are no
insolvency proceedings against it and no other material information concerning
the affairs of Viking Gold that has not been generally disclosed.

    Neither 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 press release.





For further information:

For further information: Robert Ginn, CEO at (416) 364-6244 ext. 227

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Viking Gold Exploration Inc.

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