Aurvista Gold Corporation Update: 30,000M Drilling Campaign at the Douay Gold Project
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NEWS RELEASE
For Immediate Issue
February 22, 2017
Aurvista Gold Corporation Update: 30,000M Drilling Campaign at the
Douay Gold Project
4,936 meters completed to date in 11 diamond drill holes in the Douay West , Main Porphyry and
“20” zones of the Adam Creek Gold Deposit
2017 gold assay interval results include: 2.11 g/t gold over 20.6 meters (DO -16-147), 2.20 g/t gold
over 23.1 meters (DO-16-149) and 3.53 g/t over 4.5 meters (DO-17-151)
2nd drill mobilized on site with plans to mobilize additional drills in coming weeks
Montreal, Quebec : Aurvista Gold Corporation (“Aurvista” or the “ Company”) ( TSX-V: AVA, OTC QB:
ARVSF; Frankfurt: AV2) is pleased to update shareholders and stakeholders on the advancement of the 30,000
meters diamond drilling campaign from the Company’s Douay Gold Project (“Douay”).
To date, some 4,9 36 meters have been drilled in 11 diamond drill holes (DO-16-147 to 149, and DO -17-150 to
157) in the Douay West , Main Porphyry and “20” zones of the Adam Creek Gold Deposit (the “Deposit”) (refer
to appended Figure 1). Unfortunately, the sequencing of drill holes was set by warmer weather conditions which
are unfavorable to drilling under wet conditions; drill holes with the easiest winter surface access were done first.
Keith Minty, COO of Aurvista, stated “Aurvista’s diamond drilling campaign is progressing on schedule with two
core drills now on site. Plans are to accelerate the campaign as two new wood-cutting permits were issued for a
total of 43 proposed drill holes. We will be adding more drills in the coming weeks to test the horizontal and
vertical extensions of a number of targets: (1) the Main Porphyry Zone to the northwest towards the NW Zone,
over a 1,200 meters strike length; as well as the area beyond the NW Zone for an additional 1,000 meters in strike
length; (2) the Adam Porphyry Zone to the east and west -northwest, along an additional trend length of 1,000
meters; (3) the Central, “20” and “10” zones, and their potential connections along east -west mineralized
structures and to the Main Porphyry zone, over a 1,500 meter length.”
Mr. Minty added “The objective of the first drill holes were to prove the new geological model by extending the
known mineralization along east -west corridors in proximity to three known gold zones. A limited number of
historical drill holes were twinned and new holes were drilled that visually extended the gold mineralization
along the corridors and dow n-dip of previous intersections. The overall objective of the 30,000 meters drilling
campaign is to outline additional higher grade mineralization in the range of 3 to 15 g/t gold and the lower grade
in the 0.3 to 1.5 g/t gold, as well as increasing the size of several individual gold zones, which when combined
could have an impact on increasing mineral resources at Douay.”
Gold assay interval results are available for the first six drill holes (DO-16-147 to 149, and DO -17-150 to 152)
and are shown in the table below . The appended Table 1 summarizes all drill holes statistics and individual gold
assays of the interval results.
Gold assay interval results received to date confirm predictability and reproducibility of assays, and continuity of
gold mineralization from the historical holes as seen in the following table:
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DDH # INTERVAL ASSAY RESULTS
DO-16-147
Twins historical hole: D-128, 1.92 g/t / 17.3m
2017
- 2.11 g/t / 20.6m (150.0m-170.6m), Douay West
- 0.56 g/t / 3.2m (221.8m-225.0m), Douay West North "A"
DO-16-148
2017
- 4.69 g/t / 2.7m (28.5m-31.2m), Douay West
- New zone: 0.56 g/t / 6.4m (77.1m-83.5m)
DO-16-149
Twins historical hole: 84640, 1.72 g/t / 16.3m
2017
- 2.2 g/t / 23.1m (90.0m-113.1m), Upper Douay West
- 0.19 g/t / 10.5m (138.9m-148.5m), Lower Douay West
- New zone: 1.05 g/t / 4.5m (219.0m-223.5m)
DO-17-150
Twins historical hole: D-106, 0.34 g/t / 10.5m
Twins historical hole: 84679: 0.21 g/t / 46.8m
2017
- 0.13 g/t / 18.0m (28.5m-46.5m), Upper Douay West
- 0.37 g/t / 7.5m (114.0m-121.5m), Lower Douay west
- New zone: 0.89 g/t / 36m (204.0m-240.0m)
DO-17-151
100m East of 84679: 0.21 g/t / 46.8m
2017
- 3.53 g/t / 4.5m (70.5m-75.9m), Douay West North "A"
DO-17-152
Twins historical hole: 84642, 0.41 g/t /1.6m
2017
- New zone : 0.41 g/t / 4.5m (89.0m-93.5m)
- New zone: 1.51 g/t / 2.7m (272.8m-275.5m), 180m below 151
Note:
- Footages shown are core lengths in meters (m). True widths represent 90% of core lengths.
Significant gold mineralization was intersected in 3 holes : 2.11 g/t gold over 2 0.6 meters (DO-16-147), 2.20 g/t
gold over 23.1 meters (DO-16-149) and 3.53 g/t over 4.5 meters (DO-17-151), all from the Douay West Zone.
In addition, t he thorough drill core sampling of the 2017 drilling campaign has likely contributed to the
identification of new gold mineralization in 4 of these 6 drill holes: 0.56 g/t over 6.4 meters (DO-16-148), 1.05 g/t
over 4.5 meters (DO-16-149), 0.89 g/t over 36 meters (DO-17-150), and 0.41 g/t gold over 4.5 meters and 1.51 g/t
over 2.7 meters (DO-17-152). This was also observed in 2016 during the re -logging and gold assaying of un-
sampled mineralized zones from the historical drill core . The full 2016 gold assay and core re -logging program
results will be made available later in the year once all compiled, validated and incorporated in the overall
database.
The objective of proving the new geological model is being met ; new results are extending the known
mineralization along the east-west structural corridors and down-dip of previous intersections.
Quality Assurance (“QA”) and Quality Control (“QC”)
In 2016, Aurvista implemented strict Quality Assurance (“QA”) and Quality Control (“Q C”) protocols at Douay
covering the planning of and placing drill holes in the field; drilling and retrieving the 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. The complete description of protocols is appended.
Douay Gold Project and Company Profile
Aurvista Gold Corporation is a junior gold exploration and development Company with 131,912,407 shares
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outstanding trading on the TSX Venture Exchange in Canada, the Frankfurt Stock Exchange and OTC QB in the
US. Aurvista’s asset is the Douay Gold Project, consisting of a 100% owned interest in 250 contiguous claims
totaling 133.1 km2, plus a 90% interest in 5 contiguous claims totaling 0.2 km 2 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 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 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
analysis 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.
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
Project. 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 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 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 Corpora tion’s filings with Canadian securities regulators available on www.sedar.com or the
Company’s website at www.aurvistagold.com.
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Figure 1: Location map of the Adam Creek Gol d Deposit from the Douay Gold Project outlining
the princip al gold zones - Douay West, N W, Central, the Porphyries (Adam Porphyry, Main
Porphyry, South Porphyry), 10, 20, 531 and Main zones - and conductors E, F and G.
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Table 1: Drill hole statistics and gold assay interval results to date from the 2017 drilling campaign. Note: UTM coordinates are in NAD
1983, Zone 17N
ZONE DDH#
DO-
UTM COORDINATES AZ (°)
/ DIP (°)
CORE
LENGTH
(m)
FROM
(m)
TO
(m)
CORE
LENGTH
(m)
GOLD
ASSAYS
(g/t)
COMMENTS EASTING NORTHING
DOUAY
WEST
16-147 704320 5491214 004/-55 482
2.11 g/t / 20.6m (150.0m-170.6m), Douay West Twins historical hole D-
128, 1.92 g/t / 17.3m
All 2017 assay results
received
150.0 151.4 1.4 0.51
151.4 153.0 1.6 5.25
153.0 154.5 1.5 0.10
154.5 156.0 1.5 2.15
156.0 157.5 1.5 4.93
157.5 159.0 1.5 2.90
159.0 160.5 1.5 5.58
160.5 162.0 1.5 0.84
162.0 163.5 1.5 0.55
163.5 165.0 1.5 1.30
165.0 166.5 1.5 1.42
166.5 168.0 1.5 0.02
168.0 169.0 1.0 3.92
169.0 170.6 1.6 0.52
0.56 g/t / 3.2m (221.8m-225.0m), Douay West North “A”
221.8 223,5 1.7 0.96
223.5 225.0 1.5 0.10
16-148 704436 5491296 357/-45 396
4.69 g/t / 2.7m (28.5m-31.2m), Douay West All 2017 assay results
received 28.5 30.0 1.5 0.76
30.0 31.2 1.2 9.61
0,56 g/t / 6.4m (77.1m-83.5m), new zone
77.1 77.5 0.4 0.88
77.5 79.0 1.5 0.05
79.0 80.5 1.5 0.01
80.5 82.1 1.6 0.01
82.1 83.5 1.4 1.36
16-149 704449 5491175 357/-48 525
2.2 g/t / 23.1m (90.0m-113.1m), Upper Douay West Twins historical hole
84640, 1.72 g/t / 16.3m
All 2017 assay results
received
90.0 91.5 1.5 3.43
91.5 93.0 1.5 0.03
93.0 94.5 1.5 0.00
94.5 96.0 1.5 0.01
96.0 97.5 1.5 0.15
97.5 98.8 1.3 0.53
98.8 100.5 1.7 3.00
100.5 102.0 1.5 0.99
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102.0 103.5 1.5 0.45
103.5 105.0 1.5 0.09
105.0 106.5 1.5 0.70
106.5 108.0 1.5 9.65
108.0 109.5 1.5 2.63
109.5 111.0 1.5 4.94
111.0 112.0 1.0 4.08
112.0 113.1 1.1 5.72
0.19 g/t / 10.5 (Lower Douay West)
138.0 139.5 1.5 0.34
139.5 141.0 1.5 0.12
141.0 142.5 1.5 0.01
142.5 144.0 1.5 0.14
144.0 145.5 1.5 0.30
145.5 147.0 1.5 0.18
147.0 148.5 1.5 0.27
1.05 g/t / 4.5m (new zone)
219.0 220.5 1.5 0.60
220,.5 222.0 1.5 0.81
222.0 223.5 1.5 1.74
17-150 704526 5491197 357/-50 546
0.13 g/t / 18.0m (28.5m-46.5m), Upper Douay West Twins historical hole D-
106, 0.34 g/t / 10.5mà
Twin 84679: 0.21 g/t /
46.8m
All 2017 assay results
received
28.5 30.0 1.5 0.24
30.0 31.5 1.5 0.11
31.5 33.0 1.5 0.05
33.0 34.5 1.5 0.05
34.5 36.0 1.5 0.07
36.0 37.5 1.5 0.17
37.5 39.0 1.5 0.21
39.0 40.5 1.5 0.10
40.5 42.0 1.5 0.15
42.0 43.5 1.5 0.07
43.5 45.0 1.5 0.06
45.0 46.5 1.5 0.27
0.37 g/t / 7.5m (114.0m-121.5m), Lower Douay West
114.0 115.5 1.5 0.30
115.5 117.0 1.5 0.02
117.0 118.5 1.5 0.26
118.5 120.0 1.5 0.56
120.0 121.5 1.5 0.70
0.89 g/t / 36.0m (204.0m-240.0m), new zone
204.0 205.5 1.5 0.57
2055 207.0 1.5 0.45
207.0 208.5 1.5 1.05
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208.5 210.0 1.5 4.52
210.0 211.5 1.5 0.06
211.5 213.0 1.5 0.37
213.0 214.5 1.5 0.71
214.5 216.0 1.5 3.09
216.0 217.5 1.5 3.15
217,.5 219.0 1.5 0.85
219.0 220.5 1.5 0.08
220.5 222.0 1.5 0.03
222.0 223.5 1.5 0.43
223.5 225.0 1.5 0.21
225.0 226.5 1.5 0.13
226.5 228.0 1.5 0.09
228.0 229.5 1.5 2.30
229.5 231.0 1.5 1.58
231.0 232.5 1.5 0.09
232.5 234.0 1.5 0.09
234.0 235.5 1.5 0.16
235.5 237.0 1.5 0.17
237.0 238.5 1.5 0.93
238.5 240.0 1.5 0.30
17-151 704623 5491328 005/-45 363
3.53 g/t / 4.5m (70.5m-75.0m), Douay West North “A” 100m East of 84679: 0.21
g/t / 46.8m
All 2017 assay results
received
70.5 72.0 1.5 2.74
72.0 73.5 1.5 0.83
73.5 75.0 1.5 7.02
17-152 704598 5491122 000/-55 700
0.41 g/t / 4.5m (89.0m-93.5m), new zone Twins historical hole
84642, 0.41 g/t /1.6m
All 2017 assay results
received
89.0 90.5 1.5 0.65
90.5 92.0 1.5 0.28
92.0 93.5 1.5 0.32
1.51 g/t / 2.7m (272.8m-275.5m), new zone
272.8 274.0 1.2 1.72
274.0 275.5 1.5 1.35
17-153 704714 5491102 001/-45 660 New drill hole; assay results pending
MAIN
PORPHYRY
17-154 705800 5491345 000/-50 352 New drill hole; assay results pending
17-155 706375 5490910 000/-50 282 New drill hole; assay results pending
17-156 706500 5490890 000/-50 273 New drill hole; assay results pending
“20” 17-157 706500 5490200 000/-50 357 New drill hole; assay results pending
TOTAL 4,936 m
Note:
- Footages shown are core lengths in meters (m). True widths represent 90% of core lengths.
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Quality Assurance (“QA”) and Quality Control (“QC”) Protocols
Drill holes positioning was pre -determined via interpretation on historical drill hole sections and level
plans, based on the objectives of adding continuity to the known higher and lower grade gold
mineralization at depth and on strike length, and to discover new gold mineralization. Both would have a
significant positive impact on the potential of increasing the mineral resources at Douay.
Drilling is done along already established grids on pre -defined drill hole sections, ensuring appropriate
drill hole spacing between holes and along parallel sections. Drill holes are positioned in the field
following current established standards by azimuth ori entation and dip with a hand -held or fixed GPS to
ensure precision.
Originally, a single or multi -shot reflex orientation system was used in order to controls drill hole
deviation, especially in areas of thicker overburden and magnetic rocks. A gyroscopic instrument is now
recording continuous deviation of the drilled hole . Drill holes a few degrees to the left of the intended
azimuth to ensure drill holes will follow the intended section.
Prior to and during drilling, the exact position of individual drill holes is verified by the Qualified
Geologist in charge of the drill campaign. A down-the-hole deviation test is done once 9 meters has been
drilled in bedrock, to ensure the drill hole has not deviated and it remains on course for its intended target
depth. Assuming the results of the drill hole do not respect or confor m to the technical parameters
outlined prior to the drilling, or if the deviation has taken the drill hole outside the normal influence of the
vertical section, the drill hole is re-started to ensure the target depth has been reached and explained.
Core boxes are brought to the Aurvista core logging and storage facility at the Douay Camp at the end of
each shift by the drill contractor. The Qualified Geologist regularly examine the drill core at the drill rig
during the day or night to determine if the pro posed target has been intersected. The Qualified Geologist
instructs the drillers and/or foreman to either continue the drilling or stop the hole.
At the completion of each drill hole, the overburden drill rods are left in place on instructions from the
Qualified Geologist, and a numbered red cap is placed over the protruding drill rod. The numbered cap is
usually accompanied by a 1.5 -meter-long red metal spike topped by a red metal flag to indicate the
location of the drill hole for future surface surveying.
Once core boxes have been received by Aurvista at their core facility, a Qualified Geologist or Technician
arranges core boxes on the core facility floor or temporary tables in numeric order from box 1 upwards.
Core boxes are then opened and footage blocks are properly checked with the appropriate foo tages and
checked for continuity. The Qualified Technician calculates footages using a measuring tape, making sure
the correct footage is written on each footage block, and the end footage for each box is noted on the core
box. The Qualified Technician will identify and tag each box with an aluminum metal tag writing the drill
hole number and from -to footages, and will measure the Rock Quality Designation or RQD of the drill
core and record the rock quality numbers.
The Qualified Technician takes conductivity and magnetic susceptibility or MPP readings directly on the
core at 50 centimeter intervals and record the measurements. X -Ray Fluorescence or XRF readings are
also taken at 3 meter intervals by taking a 5 -centimeter-long piece of core and placing it in the XRF
analyser for a reading of the whole rock and trace elements geochemistry to help identify rock types and
alteration patterns associated with metallic mineralization,