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Aurvista Gold Corp.
Summary
| Project: | Douay | |
|---|---|---|
| Deposit: | Douay West | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 7/17/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 17-7-2017: Aurvista Gold Corp. announces an Exploration/Drilling Update report for its Douay West deposit at the Douay project. Drilling results incl. 20.6m @ 2.11g/t Au from 150.0m. Montreal (Quebec): Aurvista Gold Corporation (“Aurvista” or the “Company | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Jean Lafleur (Internal) | |
| ABSTRACT: | Montreal (Quebec): Aurvista Gold Corporation (“Aurvista” or the “Company”) (TSX-V: AVA, OTC: ARVSF; Frankfurt: AV2) is pleased to report the final drill results and summary from the recently completed 2017 spring-summer drill program. The drill program totaled 23,965 metres (m) across 59 drill-holes. Forty of the 59 completed drill-holes focused on the 4km long porphyry trend, extension targets and multiple zones of mineralization parallel to the core porphyry system. Included in the assays reported today are 13 new drillholes (5,192m) located in the central segment of the porphyry system (Porphyry Zone, 20 Zone and Central Zone), which was successful in hitting more high-grade gold, significant low-grade halos of mineralization, as well as delineating further mineralization at depth. Aurvista’s President and CEO, Matthew Hornor, stated: “We are very encouraged with the latest assay results within this core central segment of the porphyry system at Douay. We see great potential to add ounces by linking zones of mineralization, our technical group will update internal models and focus on the highest priority targets in subsequent drill campaigns.” The 2017 spring/summer drilling campaign successfully expanded a number of mineralized zones and drilling continued to intersect gold mineralization in four major rock types: porphyries, iron basalts, iron-rich chemical sediments and felsic tuffs. The main structural corridor has a known strike length of 10km with significant exploration upside. Aurvista plans to have a technical committee of experts’ visit the Douay Gold Project in early August as the Company refines its go-forward exploration and drilling plans. | |
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