Aurvista Gold Corporation Provides Update on the Core Drilling Campaign at the Douay Gold Project
Aurvista Gold Corporation Provides Update on the Core Drilling
Campaign at the Douay Gold Project
Montreal, Quebec: Aurvista Gold Corporation’s (“Aurvista” or the “Company ”) (TSX-V: AVA,
OTCQB: ARVSF; Frankfurt: AV2) is pleased to provide an update on the core drilling campaign at the
Company’s Douay Gold Project (“Douay”). Aurvista’s drill campaign has systematically tested
previously identified targets along trend toward the southeast end of the Porphyry Zone . The majority of
drilling in th e current campaign consists of exploratory drill-holes designed to step- out from the known
mineralization to the west-northwest of the Douay West and Porphyry Zone s (please refer to the updated
Drill-hole Location Map in Figure 1).
The Company previously announced results for the first 16 drill -holes of the current campaign ( see press
releases dated February 22, 2017 and April 3, 2017) a nd has now received down- hole assays for two
drill-holes (DO-17-163, DO-17-169) and gold assays from 9 additional holes. Highlights from two of the
drill-holes outlining positive indications for extensions to the northwest of the Porphyry Zone are outlined
below:
DO-17-169: 2.46 g/t Au over 4.5m, 0.72 g/t Au over 9.0m and 0.44 g/t Au over 3.0m; these new
down-hole assay results build on the previously reported 0.79 g/t over 34.5m (Aurvista Expands
Main Porphyry Zone: April 3, 2017)
DO-17-173: 2.19 g/t Au over 3.0m, 0.635 g/t Au over 7.5m, 0.55 g/t Au over 4.5m, 0.77 g/t Au
over 1.5m and 0.65 g/t Au over 1.5m
Aurvista’s President and CEO, Jean Lafleur, stated: “We are encouraged by the drill results received
to-date, as a significant number of drill-holes have returned quantifiable intervals of gold mineralization
beyond the conceptual pit -constrained resource shells that were applied by Micon in the Company’s
recently discl osed NI 43- 101 Technical Report. Due to increased investment and high volume of
exploration and drilling currently underway in the Douay region, assay labs are backed up and we have
taken the necessary steps to expedite the assay process for the remainder of the program . We look
forward to results from 25+ more drill-holes from high-priority target areas at Douay.”
Please refer to Table 1 on the following page to view assay results to-date that have targeted the Porphyry
Zone and extensions to the northwest (Porphyry “NW”) and to the south (Porphyry “20”).
NEWS RELEASE
For Immediate Issue
May 8, 2017
TABLE 1: Assay Results
TARGET
ZONES DDH # INTERVAL ASSAY RESULTS
PORPHYRY
DO-17-154
0.27 g/t / 4.5m (199.5m-204.0m)
0.55 g/t / 2.3m (208.5m-210.8m)
1.26 g/t / 3.0m (225.0m-228.0m)
DO-17-155
1.70 g/t / 3.0m (36.0m-39.0m)
0.59 g/t / 31.5m (55.5m-87.0m)
0.77 g/t / 3.0m (121.5m-124.5m)
0.82 g/t / 4.5m (132.0m-136.5m)
DO-17-156
0.53 g/t / 4.5m (54.0m-58.5m)
0.76 g/t / 3.0m (70.5m-73.5m)
0.34 g/t / 2.0m (85.0m-87.0m)
0.45 g/t / 6.0m (102.0m-108.0m)
1.26 g/t / 12.0m (121.5m-133.5m)
1.41 g/t / 3.0m (141.0m-144.0m)
0.70 g/t / 3.0m (159.0m-162.0m)
PORPHYRY
20 DO-17-157 0.75 g/t / 1.5m (274.5m-276.0m)
PORPHYRY DO-17-158
3.03 g/t / 1.2m (88.4m-89.6m)
0.63 g/t / 3.0m (158.5m-161.5m)
0.83 g/t / 23.2m (227.3m-250.5m)
0.79 g/t / 9.0m (262.5m-271.5m)
0.99 g/t / 7.5m (279.0m-286.5m)
0.98 g/t / 13.4m (306.7m-320.0m)
1.13 g/t / 1.3m (355.7m-357.0m)
1.05 g/t / 19.0m (387.4m-406.4m)
PORPHYRY
20 DO-17-161 0.85 g/t / 3.0m (442.5m-445.5m)
PORPHYRY
NW
DO-17-163*
0.50 g/t / 3.7m (114.4m-118.1m)
0.59 g/t / 4.5m (193.0m-197.5m)
0.38 g/t / 6.0m (200.5m-206.5m)
DO-17-165*
0.30 g/t / 4.5m (21.0m-25.5m)
0.40 g/t / 3.0m (131.5m-134.0m)
0.86 g/t / 7.5m (143.5m-151.0m)
0.87 g/t / 1.5m (168.0m-169.5m)
0.38 g/t / 3.0m (172.5m-175.5m)
0.42 g/t / 1.1m (212.5m-213.6m)
0.42 g/t / 1.5m (235.0m-236.5m)
0.42 g/t / 6.0m (306.5m-312.5m)
DO-17-167*
0.53 g/t / 1.5m (50.5m-52.0m)
0.52 g/t / 1.5m (86.5m-88.0m)
0.36 g/t / 18.5m (209.5m-228.0m)
0.32 g/t / 1.5m (241.5m-243.0m)
0.32 g/t / 4.5m (279.0m-283.5m)
DO-17-169*
0.79 g/t / 34.5m (204.0m-238.5m)
2.46 g/t / 4.5m (312.0m-316.5m)
0.44 g/t / 3.0m (325.5m-328.5m)
0.72 g/t / 9.0m (336.0m-345.0m)
PORPHYRY DO-17-171* 0.42 g/t / 3.0m (121.0m-124.0m)
0.45 g/t / 1.5m (142.0m-143.5m)
PORPHYRY
NW
DO-17-173*
0.64 g/t / 7.5m (132.0m-139.5m)
0.55 g/t / 4.5m (196.5m-201.0m)
0.77 g/t / 1.5m (205.5m-207.0m)
2.19 g/t / 3.0m (219.0m-222.0m)
0.65 g/t / 1.5m (231.0m-232.5m)
DO-17-175* 0.57g/t / 1.5m (46.5m-48.0m)
* Drill-holes that include new /additional assays received and reported as of May 8, 2017 . Intervals shown are core lengths in
metres (m). True widths represent approximately 90% of core lengths.
Figure 1: Drill-Hole Location Map with EM Targets
Fifty-three (53) drill -holes (21,065 metres) have now been completed at Douay. To- date, Aurvista has
received assay results for twenty-five (25) drill-holes (9,984 metres) in total . Figure 1 above shows the
locations of completed, pending, and currently in -progress drill-holes. In addition to the new assays
received for the Porphyry and P orphyry “20” and “NW” extension targets, Aurvista received results from
the first 3 drill- holes (DO -17-160, 160A and 162) from the EM Conductor “E” Target . DO-17-162
intersected 3 metres of graphitic sediments with pyrite stingers, but there are no significant gold assays to
report from the EM Conductor “E” Target at this time.
The following link outlines the drilling statistics for each exploration target area of the current drill
campaign: Drilling Statistics by Target Area for the 2016-2017 Drill Campaign at Douay
Quality Assurance (“QA”) and Quality Control (“QC”)
Aurvista follows strict Quality Assurance (“QA”) and Quality Control (“QC”) protocols at Douay
covering the planning and placement of drill holes; drilling and retrieving NQ-sized drill core; drill hole
surveying; core transport to the Douay Camp; core logging by qualified personnel; sampling and bagging
of core for analysis; transport of core from site to the analytical laboratory; sample preparation for
assaying; and analysis, recording and final statistical vetting of results. For a complete description of
protocols, please visit the Company’s QA/QC page on the website at www.aurvistagold.com.
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 km 2 and a 75% interest (25% held by SOQUEM) in 32
contiguous claims totaling 11.9 km2. In total, there are 573 claims covering 305 km 2 located along a
40 km segment of the Casa Berardi Deformation Zone in the prolific Abitibi Greenstone Belt of
northern Quebec. Douay is located 55 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 138,945,780 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 approved by Mr. Jean Lafleur, M. Sc., P. Geo.,
President and CEO for Aurvista Gold Corporation, and Antoine Yassa, P. Geo., Database Manager for
the Douay Gold Pr oject, and independent of the Company . 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 based on assumptions, uncertainties and management’s best
estimate of future events. Actual eve nts 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 statem ents. 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 mater ially 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.