Aurvista Gold Corporation Announces Filing of NI 43-101 Technical Report for Mineral Resource Estimates at the Douay Gold Project

Aurvista Gold Corporation Announces Filing of NI 43-101 Technical Report

for Mineral Resource Estimates at the Douay Gold Project

Montreal, Quebec: Aurvista Gold Corporation (“Aurvista” or the “ Company”) ( TSX-V: AVA,

OTCQB: ARVSF; Frankfurt: AV2) is pleased to announce that the Company has filed a NI 43 -101

Technical Report for Mineral Resource Estimates (the “Technical Report”) at the Douay Gold Project

(“Douay”). The independent Technical Report was completed by Micon International Limited

(“Micon”), titled “NI 43-101 F1 Technical Report, Updated Resources Estimate for the Douay Gold

Project, Douay Township, Quebec, Canada” d ated April 10, 2017 with an effective date of February

15, 2017.

Highlights:

 Inferred (“Pit-Constrained”) Mineral Resource Estimate of 2,813,000 ounces of gold in

83,327,000 tonnes at an average gold grade of 1.05 g/t Au (0.5 g/t gold cut-off grade).

 At a higher cut -off grade (0.7 g/t Au), the Inferred Pit-Constrained Mineral Resource

Estimate stands at 2,177,000 ounces of gold in 49,700,000 tonnes at an average gold grade

of 1.38 g/t Au, representing 77% of the overall pit-constrained Inferred ounces.

 Preliminary gravity and flotation metallurgical test results were relatively consistent, total

gold recovery ranged from 88 to 97% (average 92%).

 All zones are still open in all directions and there is potential to increase the resources

further once the true extent of the mineralization is outlined at the Douay Project.

Aurvista’s President and CEO, Jean Lafleur, stated: “The filing of the NI 43 -101 Updated Mineral

Resource Estimate marks an important milestone for the Company. Our technical team spent

significant time completing a comprehensive re -logging and re -sampling program that resulted in

standardized drill logging information and reduced rock types within our databases. This improved

understanding of mineralization and deposit types has contributed to the resource growth and go -

forward exploration plans at Douay.”

The table below outlines the “Pit-Constrained” Inferred Mineral Resource E stimates at various cut -

off grades:

NEWS RELEASE

For Immediate Issue

April 11, 2017

Table 1: “Pit-Constrained” Inferred Mineral Resource Estimate Summary*

“PIT-

CONSTRAINED”

INFERRED

MINERAL

RESOURCE

ESTIMATE*

CUT-OFF

GRADE

(G/T AU)

TONNES

GOLD

GRADE

(G/T)

GOLD

METAL

(OUNCES)

5.0 588,000 7.38 139,000

3.0 2,143,000 4.73 326,000

1.0 27,519,000 1.79 1,585,000

0.7 49,700,000 1.36 2,177,000

0.5 83,327,000 1.05 2,813,000

0.3 143,566,000 0.77 3,567,000

*A Mineral Resource is a concentration or occurrence of metals in such form and quantity and of such a grade or quality that i t has

reasonable prospects for economic extraction. The location, quantity, grade, geological characteristics and continuity of a M ineral

Resource are known, estimated or interpreted from specific geological evidence and knowledge. Reasonable prospects for econom ic

extraction implies a judgment by a Qualified Person in respect of the technical and economic factors likely to influence the prospect of

economic extraction. An Inferred Mineral Resource is that part of a Mineral Resource for which quantity and grade or quality are

estimated on the basis of limited geological evidence and sampling. Geological evidence is sufficient to imply but not verify geological and

grade or quality continuity. “ Pit-Constrained” Inferred Mineral Resource Estimate is an inventory of mineralization under an open pit

scenario that under realistically assumed and justifiable technical and economic conditions might become economically extractable.

They have been prepared without reference to surface rights or the presence of overlying public infrastructure.

The NI 43 -101 Technical Report has been posted to the Company’s website at

www.aurvistagold.com and can also be found under Aurvista’s Company profile on SEDAR at

www.SEDAR.com.

Additional Details for the NI 43-101 Mineral Resource Estimates and Technical Report

The “ Pit-constrained” Inferred Mineral Resource Estimate mineralized envelopes were modeled

using Leapfrog Geo at a 0.3 g/t cut -off with the inclusion of lower grade material for modeling

purposes, and are contained in eight separate zones: 10, 20, 531, Central , Douay West, North -West,

Porphyry and Main, and may consist of a number of sub -parallel or parallel lenses. Bulk densities

used: 2.88 - Douay West, 2.81 - Porphyry, 2.94 - 10, 2.67 – 20, 2.78 - North-West, 2.77 – Main, and

the Central Zone and Waste used the global average of 2.82 as no test work was conducted for these

areas. The overburden was assigned a bulk density of 1.5.

Only the mineral resources for the Douay West, Porphyry and 531 zones were estimated using

Ordinary Kriging with the remaining zones estimated using Inverse Distance Cubed, due to the

number of data points for each zone. A block size of 10 m x 2 m x 5m was used. The search ellipses

ranged from 50 m to 300 m and used three passes to fill the blocks within the model. The figures

have been rounded to reflect that they are estimates. The multiple open pits used to constrain th e

“Pit-Constrained” Inferred Mineral Resource Estimate are comprised of the ultimate breakeven

Whittle pit-shell cones, which do not consider pit design or minimum mining widths.

The open pit parameters used to construct the optimization are: gold price of US $1,400 per ounce,

an exchange rate (CAN$/US$) of 1.32:1, overburden stripping cost of CAN$2.50/t, open pit mining

cost of CAN$2.78/t, processing cost of CAN$8.14/t, and G&A cost of CAN$2.47/t.

Gold recoveries per zone are: Douay West - 85%, North-West - 52.5%, Porphyry - 94%, 20 - 92%,

10 - 88%, Central - 94%, 531- 93% and Main - 83%. Pit slope angles are: 55° for the foot wall; 52°

for the hanging wall and 25° for the overburden.

The report for Aurvista Gold Corporation entitled “NI 43 -101 F1 Technical Report, Updated

Resources Estimate for the Douay Gold Project, Douay Township, Quebec, Canada” dated April 10,

2017 with an effective date of February 15, 2017, was co-authored by William J. Lewis, B.Sc., P. Geo.,

Antoine R. Yassa, P. Geo., and Richard Gowans, P. Eng..

Douay Gold Project and Company Profile

Aurvista Gold Corporation is a leading gold exploration and development Company advancing the

Douay Gold Project in Quebec. Aurvista’s Douay Gold Project consists of a 100% owned interest in

541 mostly contiguous claims totaling 293 km2 and a 75% interest (25% held by SOQUEM) in 32

contiguous claims totaling 11.9 km 2. In total, there are 573 claims covering 305 km2 located along a

40 km segment of the Casa Berardi Deformation Zone in the prolific Abitibi Greenstone Belt of

northern Quebec. Douay is located 40 km SW of the Matagami Base Metal Camp and ~140 km N of

the Val-d’Or Canadian Malartic Gold Camp (both in Quebec). The Company has 138,545,780 shares

outstanding trading on the TSX Venture Exchange in Canada, the Frankfurt Stock Exchange and

OTCQB in the US. For more information, please visit the Company’s website at

www.aurvistagold.com.

Qualified Person

The technical contents in this news release have been reviewed and approved by Mr. Jean Lafleur,

M. Sc., P. Geo., President and CEO for Aurvista Gold Corporation, and Mr. William Lewis, B.Sc., P.

Geo., of Micon, who is independent of Aurvista and who is responsible for the “ Pit-constrained”

Inferred Mineral Resource Estimate. Both individuals are Qualified Persons under National

Instrument 43-101.

For further information please contact:

Mr. Jean Lafleur, P. Geo.

President and CEO, Director

Cell: +1 514 927 3633

Mr. Keith C Minty, P. Eng., MBA

Chief Operating Officer

Phone: +1 416 682 2671

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 PRESS RELEASE.

Forward-Looking Statements

This news release may contain forward -looking statements ba sed on assumptions, uncertainties and management’s

best estimate of future events. Actual events or results could differ materially from the Company’s expectations and

projections. Investors are cautioned that forward -looking statements involve risks and uncertainties. Accordingly,

readers should not place undue reliance on forward -looking statements. When used herein, words such as “anticipate”,

“will”, “intend” and similar expressions are intended to identify forward -looking statements. For a more detail ed

discussion of such risks and other factors that could cause actual results to differ materially from those expressed or

implied by such forward -looking statements, refer to Aurvista Gold Corporation’s filings with Canadian securities

regulators available on www.sedar.com or the Company’s website at www.aurvistagold.com.