Augyva Mining Resources Inc.
TSX VENTURE : AUV

Augyva Mining Resources Inc.

May 02, 2012 08:30 ET

Augyva Mining Announces New Website

MONTREAL, QUEBEC--(Marketwire - May 2, 2012) - Augyva Mining Resources Inc. ("Augyva" or the "Company") (TSX VENTURE:AUV) is pleased to announce that it has activated a new internet website.

The new website can be found at www.augyvamining.com and provides a description of the Company strategy, opportunities for the world class Duncan Lake Iron Ore Project as well as four other Quebec exploration properties owned the Company.

Shareholders and other interested parties are encouraged to visit the site and to contact Augyva from the site to request additional information.

In addition, the Company's corporate governance documentation and the Company's recent presentation made at Haywood Capital Markets, 3rd Annual Iron Ore Conference in Toronto is posted on the website.

In the next several weeks NI43-101 reports for the Duncan Lake Iron Project are expected to be posted on the site together with a Preliminary Economic Assessment in summer 2012.

About Augyva Mining Resources Inc.

Augyva is an exploration and development company holding five (5) properties in the James Bay and Abitibi regions of Quebec.

The Company's major project is a 49% interest in the world class Duncan Lake Iron Ore Project located in the western part of the La Grande Greenstone Belt which is subject to a Joint Venture and Option agreement with Canadian Century Iron Ore Corporation. Century has earned a 51% interest in the property and is continuing expenditures to increase their interest to 65%. Both NI43-101 reports and a preliminary economic assessment for the property are expected in summer 2012.

Cautionary Statement

This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in Augyva's disclosure documents on the SEDAR website at www.sedar.com. Augyva does not undertake to update any forward looking information except in accordance with applicable securities laws.

Neither 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 release.

Contact Information

  • Augyva Mining Resources Inc.
    Peter Jones
    Chairman & Interim CEO
    416-309-2198
    www.augyva.com