Aurvista Gold Corporation

Aurvista Gold Corporation

August 25, 2011 13:35 ET

Aurvista Gold Corporation Provides Update on Activities

MONTREAL, QUEBEC--(Marketwire - Aug. 25, 2011) - Aurvista Gold Corporation (the "Corporation" or "Aurvista") (TSX VENTURE:AVA) is pleased to provide an update on activities and timeline for exploration and development of the Company's flagship property, the Douay gold property in Northern Quebec.

Since November 2010, the Company has drilled 16 holes for 6,329 meters on the Porphyry zone. In addition, the Company has drilled 11 holes for 5,580 meters on the Douay West zone and on the contact between the volcanic-sediments, called the pull-apart zone, 10 holes for 4,142 m.

Results to date from the 2011 drilling program of 16,051 meters are due to be released in early to mid September 2011.

In addition, Aurvista has commissioned a consultant to the Company, Mr. Cliff Duke, P. Eng. to create a 3D model of the mineralization in the Douay Porphyry Zones (between and including the Central Zone, the Adam-92-7 Zone, and the zone situated between the Adams-97 and Central zone known as the 'Exploration 'Zone. ). Mr. Duke will also generate variograms designed to determine a preferred orientation of the mineralization, and building a grade block model from this analysis. A report will be made of the grade model by bench height (to be determined) and lower cut off grade. Based on the outcome of the modelling, targets will be defined to improve the economics of the porphyry zone as a low grade, open pit style deposit. This work is planned to be completed by the end of August or early September. The company expects assay results will be made available in early September, along with the interpretation of the Douay Porphyry work as described above.

Guy Brunet, President and Chief Executive Officer of Aurvista, commented: "The Corporation is very pleased with the drilling program to date and looks forward to continuation of the next phase of drilling designed to further define and increase resources. As well, the Company is pleased to have completed the recently announced IPO financing, which will allow the company to advance the significantly undervalued and promising Douay Property.

About Aurvista: Aurvista Gold Corporation's principal asset is the 100% owned Douay Property, consisting of 216 contiguous online staked claims and two physically-staked claims totalling approximately 11,440 hectares (other than a 10% undivided interest in two claims located on the West Zone). Concurrent with the closing of the Offering, Aurvista acquired the remaining 50% of the Douay Property in an all-share transaction with Vior.

The current classified resources of the Douay mineral deposits (all zones, excluding Douay West) reported in the technical report dated March 15, 2011 prepared for the Corporation in accordance with NI 43-101 entitled, "Resource Update of the Douay Property and Preliminary Economic Assessment of the Douay West Mineral Deposit, Northern Abitibi, Quebec" are compliant with standards as outlined in the NI 43-101.

The total classified resources are 905,000 tonnes at 1.70 g/t Au (49,000 ounces of gold) in the measured and indicated categories, using the selected cut-off of 0.7 g/t Au. There are an additional 42,644,000 tonnes at 1.29 g/t Au (1,762,000 ounces of gold) in the inferred category. These resources were estimated using different cut-off grades of 0.7 and 3.0 g/t Au. The selected cut-off of 0.7 g/t Au was retained in order to outline the mineral potential of high tonnage, low grade deposits such as the Adam_92-7 Porphyry deposit and the Central Porphyry deposit. The selected cut-off of 0.7g/t Au was retained in order to outline the mineral potential of high tonnage, low grade deposits. The current resources of the Douay West mineral deposit (excluding Douay mineralized deposits) were calculated using a cut-off of 4.0 g/t Au and total classified resources are 313,000 tonnes in the measured and indicated categories at a 7.75 g/t Au (77,992 ounces of gold) and an additional 267,000 tonnes in the inferred category at a grade of 8.53 g/t Au (73,187 ounces of gold).

The technical report with respect to the Douay Property recommends the continuation of exploration and development work on specific parts which show potential for a high tonnage, low grade deposit. The technical content of this press release with respect to mineral deposit estimates has been approved by Maxime Dupéré, P.Geo., one of the authors of the technical report, who is also a "Qualified Person" under NI 43-101 and considered an "Independent Qualified Person".

Forward-Looking Information

This press release contains forward-looking information that involves substantial known and unknown risks and uncertainties, most of which are beyond the control of the Corporation, including, without limitation, those listed under the headings "Special Note Regarding Forward-Looking Statements" and "Risk Factors" in the Corporation's final long form prospectus. Forward-looking information in this press release includes, but is not limited to, information concerning the proposed use of the proceeds of the Offering. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results, performance or achievements could vary materially from those expressed or implied by the forward-looking information. Accordingly, prospective investors should not place undue reliance on these forward-looking statements. These forward-looking statements are made as of the date of this press release and, other than as required by applicable securities laws, the Corporation does not assume any obligation to update or revise them to reflect new events or circumstances.

Guy Brunet
President & CEO
Aurvista Gold Corp.
1200 McGill College
suite 1240
Montreal, QC
H3B 4G7

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

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