Solvista Gold Corporation

Solvista Gold Corporation

September 14, 2011 10:17 ET

Solvista Gold Provides an Operational Update on Exploration at Its Caramanta Project

TORONTO, ONTARIO--(Marketwire - Sept. 14, 2011) - Solvista Gold Corporation ("Solvista" or the "Company") (TSX VENTURE:SVV) is pleased to provide an update on its "Phase I Exploration Program" at its Caramanta project near Medellín, Department of Antioquia, Colombia.

Further to the Company's press release dated June 1, 2011, Solvista has continued to aggressively explore the Ajiaco target area located within the core of its Caramanta project. Work has included detailed rock sampling along the Ajiaco Creek and surrounding tributaries as well as a ridge and spur MMI soil program surrounding the general area. The area was also visited by Dr. Richard A. Jemielita, a consulting geologist and noted expert on porphyry copper-gold systems in the Andes Cordillera.

As a result, the Company has confirmed the existence of at least one outcropping porphyry system, coincident with a geophysical anomaly detected in previous surveys, as well as higher grade structurally controlled mineralization, distal but related to the hydrothermal systems.

Figure 1, a photograph taken from an outcrop in the Ajiaco target area, is representative of porphyry copper-gold style stockwork mineralization. Selected results to-date include 0.966 g/t Au, 23 g/t Ag, 0.71% Cu and 0.05% Mo from a 1x1.5m panel sample of altered diorite with disseminated and stockwork mineralization and 4.23 g/t Au and 313 g/t Ag over 3.3m in a structurally controlled zone with quartz-sericite alteration.

To view Figure 1, please click on the following link:

As a result of the discoveries to-date, the Company has commenced a detailed geological mapping and sampling campaign as well as commissioning a detailed airborne geophysical survey over the area of interest that was not covered by last year's regional survey. It is hoped that a combination of these two techniques will lead to the identification of targets for drilling on the Caramanta project before the end of the first quarter of 2012.

Concurrently the Company is following up on a number of stream sediment anomalies located to the north of the Ajiaco area, in a similar geological environment near the contact with the Tamesis Stock.

Quality Assurance

The Company utilizes an industry-standard Quality Assurance/Quality Control program. Rock and stream sediment samples are prepared at a preparation facility in Medellín run by SGS Colombia. Samples are then shipped for analysis to the SGS certified assay laboratory in Lima, Peru. Blanks, duplicates and certified reference standards are inserted into the sample stream to monitor laboratory performance and a portion of the samples are periodically check assayed at ACME Laboratories in Vancouver, British Columbia.

Technical Information

The results of the Company's exploration programs have been reviewed, verified and compiled by Solvista's President and Chief Executive Officer, EurGeol Miller O'Prey, P.Geo., a "qualified person" as defined under National Instrument 43-101.

About the Caramanta Project

The Caramanta project is located at the center of the Middle Cauca Belt, one of the most prolific gold districts in Colombia, with production dating back to pre-Colonial times. It has also been the focus of intense exploration over the past five years with a number of exciting new discoveries including La Colosa (AnglogoldAshanti), a porphyry gold deposit with a JORC compliant resource of 12.9mm oz Au at 0.86g/t Au. Directly south of Caramanta is Gran Colombia Gold's Marmato project with 43-101 compliant resources of 9.8mm oz Au at 0.9g/t Au and to the north is Sunward's Titiribi deposit where a National Instrument 43-101 compliant resource of 8.3mm oz Au at 0.5g/t Au has just been announced.

About Solvista

Solvista, a TSX-V listed company (TSX VENTURE:SVV) is an early-stage exploration company with two gold projects, Caramanta and Guadalupe, covering a total area of approximately 75,000 hectares in the Antioquia province of Colombia. Solvista is well funded and led by a management team with over 45 years of exploration and mining experience, principally in South and Central America. Solvista's head office is located in Toronto with its Colombian headquarters located in Medellín. For further details on Solvista, its management team and its projects, please refer to Solvista's website ( Solvista's Canadian regulatory filings can be found on SEDAR at

CAUTIONARY STATEMENT: This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, Solvista's objectives, goals or future plans, statements regarding the estimation of mineral resources, exploration results, potential mineralization, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, failure to convert estimated mineral resources to reserves, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry, and those risks set out in Solvista's public documents filed on SEDAR. Although Solvista believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Solvista disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

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