Mr. Ken Lapierre reports

SOLVISTA DRILLS HIGH GRADE MASSIVE SULPHIDE MINERALIZATION AT TALBOT: INTERSECTS 6.1 % COPPER, 8.2 G/T GOLD, 5.0 % ZINC AND 112.1 G/T SILVER OVER 9.13M

Solvista Gold Corp. has released the first drill hole assay results from its continuing 5,000-metre, 10-to-15-hole drill program on the Talbot property, Manitoba. Drill hole TB-001 intersected the following results:

• 6.1 per cent copper, 8.2 grams per tonne (g/t) gold, 5.0 per cent zinc, 112.1 g/t silver across 9.13 m including:
  • 5.9 per cent copper, 16.6 g/t gold, 5.8 per cent zinc, 135.6 g/t silver across 3.8 m.

Ken Lapierre, president and chief executive officer, commented: "Our very first drill hole confirms that the Talbot property has substantial potential to host high-grade massive sulphides containing significant thicknesses and grades in copper, gold, zinc and silver. Drill hole geophysical data from TB-001 has also identified large conductive anomalies that need to be drill tested to determine their significance. Drilling continues and we look forward in testing several additional high-priority copper-gold-zinc-silver targets on the Talbot property."

The massive sulphide intersection in TB-001 is located in a part of the historic Talbot deposit-main lens, where additional drilling had been recommended due to the wide spacing between the nearby drill holes. Massive sulphides were intersected between 558.68 metres and 567.81 metres (not true thickness) that consisted of megacrystic pyrite in a fine-grained chalcopyrite matrix with disseminated to blebby sphalerite. Downhole geophysical data indicate substantial conductive anomalies that warrant follow-up drilling. Interpretation of the geophysical anomalies is continuing and the results will be reported on in subsequent news releases. TB-001 was drilled at UTM co-ordinates 458320E/5997012N, to a depth of 772 metres, along an azimuth of 285 degrees, and a dip of minus 70 degrees.

The company's drill program is focused on four areas with significant high-grade copper-gold-zinc and silver potential. The areas are: Talbot deposit: main, footwall and north lenses; high-grade gold lens 50 m south of the Talbot deposit; EZ copper-gold zone located 500 m north of the Talbot deposit; and the north target: a complex, 1,000 m long geophysical conductor which is located approximately 2.5 kilometres north of the Talbot deposit and is known to be mineralized with anomalous copper from two historic drill holes spaced 400 m apart.

Solvista's hole TB-002 has been completed on the high-grade gold lens in an area where an untested early-time channel borehole geophysical anomaly is interpreted as the potential southern extension of the gold lens. Several historic drill holes north of and along strike of this anomaly intersected significant high-grade gold-silver drill values (not true thickness) of:

• 10.4 g/t gold and 54.5 g/t silver across 5.2 m;
• 8.2 g/t gold and 88.4 g/t silver across 9.3 m.

Downhole geophysical surveying of TB-002 has also been completed and sampling of mineralized drill core will commence shortly. The split core samples will be analyzed for gold, silver, copper and zinc content. Assay results from the drilling will be released to the public once received and compiled.

Samples of half core are packaged and shipped directly from Solvista field office to TSL Laboratories (TSL), Saskatoon, Sask. TSL is a Canadian assay laboratory and is accredited under ISO/IEC 17025. Each bagged core sample is dried, crushed to 70 per cent passing 10 mesh and a 250-gram pulp is pulverized to 95 per cent passing 150 mesh for assaying. A 0.5 g cut is taken from each pulp for base metal analysis and leached in a multiacid (total) digestion and then analyzed for copper, lead, zinc and silver by atomic absorption. Gold concentrations are determined by fire assay using a 30 g charge followed by fire assay gravimetric an atomic absorption finish. Samples greater than an upper detection limit (3,000 parts per billion (ppb)) are reanalyzed using a one AT charge. Solvista inserted certified blanks and standards in the sample stream to ensure lab integrity.

Solvista can earn a 51-per-cent interest in the Talbot property from Hudson Bay Exploration and Development Company Ltd. (HBED), a wholly owned subsidiary of Hudbay Minerals Inc. by spending $6.12-million on exploration expenditures over six years. The first- and second-year expenditure commitments are $200,000 (completed) and $400,000, respectively, with escalating expenditure commitments over the remaining years. The agreement provides that once Solvista has earned its 51-per-cent interest in the Talbot property, Solvista (51 per cent) and Hudbay (49 per cent) will form a joint venture and Solvista will be the operator of the joint venture. Provided Hudbay contributes its pro rata (49 per cent) share of expenditures under the joint venture, it will have two years from the date Solvista earns its 51-per-cent interest to purchase an additional 2-per-cent interest for a cash payment of $240,000 and either incurring expenditures over a two-year period equivalent to 2 per cent of the joint venture expenditures made since the formation of the joint venture or paying such amount to Solvista in cash. If Hudbay acquires the additional 2 per cent, it will become the operator of the joint venture. Once a positive feasibility study has been completed and mining development has commenced, the operator can increase its interest in the Talbot property to 65 per cent by paying the other participant a cash payment equal to the pro rata share of expenditures made by the other participant to reduce it to a 35-per-cent interest. The operator would then finance the costs of development and will be reimbursed for 100 per cent of the development costs including the 35-per-cent interest of the non-operator. Once the costs of development have been repaid, the parties will be reimbursed their pro rata share of expenditures made prior to the date development commences before net profits are distributed pro rata (please see press release dated April 23, 2014, and filed on SEDAR under Rockcliff Resources for additional information).

We seek Safe Harbor.