Aurvista Gold Corporation Announces Royalty Transaction on the Douay Gold Project
NEWS RELEASE
For Immediate Issue
January 31, 2017
Aurvista Gold Corporation Announces Royalty Transaction on the
Douay Gold Project
Montreal, Quebec: Aurvista Gold Corporation’s (“Aurvista” or the “ Company”) ( TSX-V: AVA,
OTC: ARVSF ; Frankfurt: AV2) President and CEO, Mr. Jean Lafleur is pleased to a nnounce that
Aurvista has re purchased a nd cancelled a 1.5% Net Smelter Returns (“NSR”) Royalty interest on 32
contiguous claims from the Douay Gold Project (“Douay”) from Northern Abitibi Mining Corp .
(“NAMC”) for a total cash consideration of C$ 325,000.
The repurchased NSR covered the 32 contiguous claims in the north-central quadrant of Douay currently
25% held by SOQUEM and 75% by Aurvista totaling 1,190 hectares covering the Northwest Zone due
north of the Douay West Zone.
Bryan Keeler, CFO of Aurvista, stated “There was a significant opportunity for A urvista to re purchase
the 1.5% NSR Royalty from N orthern Abitibi Mining Corp. Purchasing and elim inating this royalty
cleans up project ownership, improves the Douay economics and opens up opportunities in future
financing. The Company is continuing with other efforts to simplify the Douay title.”
Douay Gold Project and Company Profile
Aurvista Gold Corporation is a junior gold exploration and development Company with 131,162,407
shares outstanding trading on the TSX Venture Exchange in Canada, the Frankfurt Stock Exchange and
OTC Pink Sheets in the US. Aurvista’s only asset is the Douay Gold Project, consisting of a 100% owned
interest in 250 contiguous claims totaling 133.1 km 2, plus a 90% interest in 5 contiguous claims totaling
0.2 km2 and a 75% interest (25% held by SOQUEM) in 32 contiguous claims totaling 11.9 km 2. In total
there are 287 claims covering 145.3 km2 located along a 20 km segment of the Casa Berardi Deformation
Zone in the prolific Abitibi Belt of northern Quebec. Douay is located 40 km SW of the Matagami Zinc
Base Metal Camp and 150 km N of the Val-d’Or-Malartic gold Camp (both in Quebec).
In August, 2012, Aurvista updated the Mineral Resources estimates that included 657 holes in more than
185,000 metres drilled on Douay since its discovery to the end of March 2012. Douay contains base case
Mineral Resources of 2.7 million tonnes of Indicated Resources at 2.76 g/t gold for 238,000 ounces above
a 0.3 g/t gold cut -off grade. Under a sensitivity analysis cut -off grade of 0.5 g/t gold, the Indic ated
Resources total 2.5 million tonnes grading 2.98 g/t gold for 235,500 ounces. There were additional base
case Inferred Resources of 115 million tonnes at 0.75 g/t gold for 2.75 million ounces above a 0.3 g/t gold
cut-off grade. Under a sensitivity anal ysis cut-off grade of 0.5 g/t gold, the Inferred Resources total 62
million tonnes grading 1.06 g/t gold for 2.1 million ounces. Details can be viewed on the Company’s
website at www.aurvistagold.com.
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
2
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 r elease may contain forward -looking statements based 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 th at 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 detailed 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.