Augyva Mining Resources Inc.
TSX VENTURE : AUV

Augyva Mining Resources Inc.

December 21, 2006 18:39 ET

Augyva Reports High-Grade Gold Results Up to 70.6 g/t

RADISSON, QUEBEC--(CCNMatthews - Dec. 21, 2006) - Augyva Mining Resources Inc. (TSX VENTURE:AUV) (the "Company") is pleased to announce further high-grade grab sample results in gold, and highly anomalous soil samples results on its Yasinski property in James Bay. Grab samples were collected in metasediments. The field observation prospecting work indicates that metasediments are over (30) metres thick and several hundreds of metres of strike length in both direction (North-East and South-West). All analyses were carried out by ALS Chemex in Val d'Or, Quebec, an internationally recognized essayer.



ROCK SAMPLES
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SAMPLE No. LOCALIZATION Au (g/t) Ag (g/t) Cu %
---------------------------------------------------------------------
299554 L21+60N 2+00E 70.6 2.3
mE 346 655
mN 5914389
(18 UTM 33F06)
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299555 L21+70N 1+95E 1.94 -
mE 346 655 mN 5914399
---------------------------------------------------------------------
299558 L21+70N 2+00E 62.8 1.7
mE 346 655 mN 5914399
---------------------------------------------------------------------
299559 L21+60N 1+85E 48.2 1.5
mE 346 640 mN5914390
---------------------------------------------------------------------
299560 L21+52N 1+75E 1.15 13.3 0.65
mE 346 633 mN5914383
---------------------------------------------------------------------
299560A L21+52N 2+00E 5.88 31.5 1.2
mE 346 655 mN5914383
---------------------------------------------------------------------
299569 L23+32N 2+18E 3.25 0.3
mE 346 669 mN5914603
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YASINSKI WEST SIDE - SOIL SAMPLES

LOCALIZATION Au (ppb) LOCALIZATION Au (ppb)
------------------------------------------------------------------
L40+00N 7+00W 19 L41+00N 8+50W 22
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L40+00N 8+50W 31 L41+00N 9+50W 77
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L40+00N 9+00W 69 L41+00N 10+00W 16
------------------------------------------------------------------
L40+00N 9+50W 19 L41+50N 7+50W 12
------------------------------------------------------------------
L40+50N 6+00W 14 L42+50N 7+50W 21
------------------------------------------------------------------
L41+00N 6+50W 34 L43+00N 6+00W 12
------------------------------------------------------------------
L41+00N 8+00W 18 L43+00N 11+00W 13
------------------------------------------------------------------


"I am very encouraged by the consistently high-grade gold results in grab samples found in the Yasinski metasediments," said Georges-Yvan Gagnon, President and CEO of Augyva. The Management of Augyva is very pleased with these results and other assay results are still pending for Yasinski and Kali properties from samples collected this summer and fall.

In November, VTEM airborne geophysical surveys have been flown by Geotech Ltd of Aurora, for 914 line-kilometres over the Kali property, in the Opinaca region in James Bay, and for 875 line-kms over the Yasinski property. These surveys were undertaken to delineate new sulphide and gold targets on both properties. Maps and reports should be available in February.

In December, a gravity survey has been performed by Abitibi Geophysique of Val d'Or, at the Yasinski property to delineate polymetallic targets under the hydroelectric power line. Maps and reports should be available by the end of January.

This press release was prepared by geologist Georges-Yvan Gagnon, who is a Qualified Person as defined by NI 43-101.

Augyva Mining Resources is a mineral exploration company with five properties located in James Bay and in Abitibi, Quebec.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release

Contact Information

  • Augyva Mining Resources Inc
    Georges-Yvan Gagnon, Geologist
    President and CEO
    819-275-1614
    819-275-2254 (FAX)
    auv@sympatico.ca