Aurvista Gold Corporation Plans 30,000 Meters of Core Drilling on 9 Priority Gold and Gold-Copper-Zinc Targets at Douay
1
NEWS RELEASE
For Immediate Issue
January 10, 2017
Aurvista Gold Corporation Plans 30,000 Meters of Core Drilling on
9 Priority Gold and Gold-Copper-Zinc Targets at Douay
Aurvista now poised to identify gold and base metal potential of Douay with 30,000
meters of core drilling, increased from the previously planned 5,000 meters program.
Exploration activity objective is to develop higher grade gold zones within the Adam
Creek Gold Deposit and identify additional gold and/or base metal zones outside of the
currently known mineralized centers.
Montreal, Quebec : Aurvista Gold Corporation (“Aurvista” or the “ Company”) ( TSX-V: AVA,
OTC: ARVSF; Frankfurt: AV2) is pleased to announce the start of the Phase 2 Core Drilling Program
(the “Program”) on the Company’s Douay Gold Project (the “Project”). The exploration activity objective
is to demonstrate the continuity and grade of the newly predicted gold corridors linking the kno wn 9
higher grade gold zones and 2 lower grade gold zones within and outside the defined 10 km by 3 km
Adam Creek Gold Deposit (the “Deposit”), potentially leading to an increase in the quantity and quality
of the mineralization.
Mr. Jean Lafleur, President and CEO of Aurvista stated “ After more than 40 years of exploration on
Douay, including the last few by Aurvista, we have finally arrived at a major crossroad. The previous
path has included nearly 200,000 meters of drilling in more than 700 hole s, ground and airborne
geophysical surveys, infrastructure construction, all leading to the discovery of higher and lower grades
gold lenses. The gold mineralization at Douay occurs within 9 individual E -W shears and 3 subparallel
structural domains inside a 10 km by 3 km corridor of a 20 km long segment of the Casa Berardi
Deformation Zone.”
Mr. Lafleur added “Douay has always lacked a single cohesive geological exploration model to explain in
part why there is gold mineralization and its distribution. After 6 months of re -evaluating the entire
database, Aurvista developed a new geological model and can now proc eed with focussed multi-staged
diamond drilling into a number of target shears and structural domains. These domains could potentially
have an impact on the ultimate dimension of the gold system and mineral resources. There is a significant
potential of d iscovering more gold mineralization in addition to our existing multi -million ounces in
mineral resource estimates. Aurvista will now begin testing the Adam Creek Gold Deposit with a major
30,000 meter drill campaign.”
Phase 2 Diamond Drilling Program
A total of 9 Priority Targets (the “Targets”), identified as T1 to T9, were outlined within the Deposit
during the Phase 1 Detailed Targeting Program. The se Targets will be tested by more than 70 drill holes
totalling 30,000 meters in three sub-phases. The following table summarizes the planned drilling footages
for each Targets:
TARGETS NUMBER TOTAL
2
DRILL
HOLES
FOOTAGE
(meters)
PHASE 2A 7 3,700
Douay West North Zones (T1) 4 2,000
Main Porphyry (T2), Douay West North Zones 3 1,700
PHASE 2B 21 8,300
Douay West (T1), Main Porphyry (T2), Adam Porphyry (T3),
Central (T4) and NW Zones (T5) 15 5,900
TDEM/UTEM Anomalies “E” (T6), “F” (T7) and “G” (T8) 6 2,400
PHASE 2C 46 18,000
Douay West (T1), Main Porphyry (T2), Adam Porphyry (T3),
Central (T4) and NW Zones (T5) 25 10,000
TDEM/UTEM Anomalies “E” (T6), “F” (T7) and “G” (T8) 6 2,400
Extensions of the Adam Creek Gold Deposit (T9) 15 5,600
TOTAL 74 30,000
Completion of the Phase 1 Detailed Targeting Program
The Phase 1 Detailed Targeting Program (the “Phase 1 Program”) has led Aurvista to predict gold and
possible massive sulphides occurrences on Douay. The Phase 1 Program’s objective was to define and
correlate the known gold mineralization chemistry and alteration mine ralogy to the geological and
geophysical signatures that could then be utilized to predict new gold mineralization . The Phase 1
Program was successful in determining that the nature , distribution and metal history led to one single
gold deposit, the Adam Gold Deposit, exhibiting similar host rocks, alteration styles and structural fabric.
A combination of iron-rich rocks with iron carbonate and sulphide alterations produced higher and lower
grade gold mineralization in association with E-W shear zones and cross-structures, but more importantly
there is a link of the known mineralization to specific shears , potentially predict ing where to find
additional gold mineralization . In terms of the overall potential, there are two distinct but ov erlapping
metal signatures at Douay, the first is a primary Volcanogenic Massive Sulphide or VMS of Copper -Zinc
affinities crosscut by a secondary shear -hosted gold system. This interpretation is very similar to the
Doyon-Bousquet-Laronde mining camp located 100 km S-SW of Douay, along the Cadillac Larder Lake
Deformation Zone.
Regional deformation at Douay produced and enhanced the crisscrossing network of NW -SE, NE -SW
and E -W structural fabric which led to the eventual emplacement of porphyries and subse quent gold
mineralization within the known 10 km by 3 km Adam Gold Deposit and possibly towards the east and
west. There are several subparallel shears hosting the 8 higher grade and 2 lower grade gold zones with a
significant potential of discovering more gold mineralization in addition to our existing mineral resources
based on the number of shears, structural domains and junctions.
The table below summarizes the Phase 1 Program work between June and December 2016, and
previously reported in Company news releases.
ACTIVITY NUMBER OF
DRILL HOLES
DRILL
FOOTAGE (m)
NUMBER OF
SAMPLES TAKEN
NUMBER OF
READINGS TAKEN
Drill core re-logging 300 98,135
28 sections --- ---
Drill core sampled
in 1.5 meters lengths --- --- 4,000* ---
Portable XRF --- --- --- 27,000
XRF check analyses -
WR’S, traces, metals --- --- 895 ---
3
Portable MPP* --- --- --- 178,000
Thin sections --- --- 205 ---
Field mapping --- --- 58 ---
* Assays for Gold-Copper-Zinc, Whole Rock and Trace Element geochemistry being done at the ALS Group Laboratory in Val-
d’Or (QC) and Vancouver (BC).
** Instrument measures magnetic susceptibility and conductivity of rocks as part of the field validation of EM -INPUTTM and
airborne Total Domain Electromagnetic or TDEM conductors.
Douay Gold Project and Company Profile
Aurvista Gold Corporation is a junior gold exploration and development C ompany with 131,162,407
shares outstanding trading on the TSX Venture Exchange in Canada , the Frankfurt Stock Exchange and
OTC Pink Sheets in the U nited States. 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
km2. In total there are 287 claims covering 145.3 km 2 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 contain s Mineral
Resources estimates 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) or 2.5 million tonnes grading 2.98 g/t gold (at a 0.5 g/t gold cut-off
grade) for 235,500 ounces. There were additional 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) or 62 million tonnes grading 1.06 g/t
gold for 2.1 million ounces (above a 0.5 g/t cut -off grade). Details can be viewed on the Company’s
website at www.aurvistagold.com.
Qualified Person
The technical contents in this news release have approved by Mr. Jean Lafleur, M. Sc., P. Geo., President
and CEO for Aurvista Gold Corporation, a Qualified Person under National Instrument 43-101.
For further information please contact:
Mr. Jean Lafleur, P. Geo., MSc
President and CEO, Director
Cell: +1 514 927 3633
Mr. Keith C Minty, P. Eng., MBA
Chief Operating Officer
Phone: +1 416 682 2671
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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 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 c autioned 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 intende d 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.