Mr. Jean Lafleur reports

AURVISTA GOLD CORPORATION UPDATE: 30,000M DRILLING CAMPAIGN AT THE DOUAY GOLD PROJECT

Aurvista Gold Corp. has provided an update for shareholders and stakeholders on the advancement of the 30,000-metre diamond drilling campaign from the company's Douay gold project.

• 4,936 metres completed to date in 11 diamond drill holes in the Douay West, Main Porphyry and 20 zones of the Adam Creek gold deposit;
• 2017 gold assay interval results include 2.11 grams per tonne gold over 20.6 metres (DO-16-147), 2.20 grams per tonne gold over 23.1 metres (DO-16-149) and 3.53 grams per tonne gold over 4.5 metres (DO-17-151);
• Second drill mobilized on site with plans to mobilize additional drills in coming weeks.

To date, approximately 4,936 metres have been drilled in 11 diamond drill holes (DO-16-147 to DO-16-149 and DO-17-150 to DO-17-157) in the Douay West, Main Porphyry and 20 zones of the Adam Creek gold deposit. Unfortunately, the sequencing of drill holes was set by warmer weather conditions, which are unfavourable to drilling under wet conditions; drill holes with the easiest winter surface access were done first.

Keith Minty, chief operating officer of Aurvista, stated: "Aurvista's diamond drilling campaign is progressing on schedule with two core drills now on site. Plans are to accelerate the campaign as two new wood-cutting permits were issued for a total of 43 proposed drill holes. We will be adding more drills in the coming weeks to test the horizontal and vertical extensions of a number of targets: (1) the Main Porphyry zone to the northwest towards the NW zone, over a 1,200-metre strike length, as well as the area beyond the NW zone for an additional 1,000 metres in strike length; (2) the Adam porphyry zone to the east and west-northwest, along an additional trend length of 1,000 metres; (3) the Central, 20 and 10 zones and their potential connections along east-west mineralized structures and to the Main Porphyry zone, over a 1,500-metre length."

Mr. Minty added: "The objective of the first drill holes were to prove the new geological model by extending the known mineralization along east-west corridors in proximity to three known gold zones. A limited number of historical drill holes were twinned, and new holes were drilled that visually extended the gold mineralization along the corridors and down dip of previous intersections. The overall objective of the 30,000-metre drilling campaign is to outline additional higher-grade mineralization in the range of three to 15 grams per tonne gold and the lower grade in the 0.3-to-1.5-gram-per-tonne-gold [range], as well as increasing the size of several individual gold zones, which, when combined could have an impact on increasing mineral resources at Douay."

Gold assay interval results are available for the first six drill holes (DO-16-147 to DO-16-149 and DO-17-150 to DO-17-152) and are shown in the attached table. The attached table summarizes all drill holes statistics and individual gold assays of the interval results.

Gold assay interval results received to date confirm predictability and reproducibility of assays and continuity of gold mineralization from the historical holes, as seen in the attached table.

DDH No.       Interval assay results

DO-16-147     Twins historical hole: D-128, 1.92 g/t over 17.3 m
              2017
              - 2.11 g/t over 20.6 m (150.0 m to 170.6 m), Douay West
              - 0.56 g/t over 3.2 m (221.8 m to 225.0 m), Douay West North A

DO-16-148     2017
              - 4.69 g/t over 2.7 m (28.5 m to 31.2 m), Douay West
              - New zone: 0.56 g/t over 6.4 m (77.1 m to 83.5 m)

DO-16-149     Twins historical hole: 84640, 1.72 g/t over 16.3 m
              2017
              - 2.2 g/t over 23.1m (90.0 m to 113.1 m), Upper Douay West
              - 0.19 g/t over 10.5 m (138.9 m to 148.5 m), Lower Douay West
              - New zone: 1.05 g/t over 4.5 m (219.0 m to 223.5 m)

DO-17-150     Twins historical hole: D-106, 0.34 g/t over 10.5 m
              Twins historical hole: 84679, 0.21 g/t over 46.8 m
              2017
              - 0.13 g/t over 18.0 m (28.5 m to 46.5 m), Upper Douay West
              - 0.37 g/t over 7.5 m (114.0 m to 121.5 m), Lower Douay west
              - New zone: 0.89 g/t over 36 m (204.0 m to 240.0 m)

DO-17-151     100 m east of 84679: 0.21 g/t over 46.8 m
              2017
              - 3.53 g/t over 4.5 m (70.5 m to 75.9 m), Douay West North A

DO-17-152     Twins historical hole: 84642, 0.41 g/t over 1.6 m
              2017
              - New zone: 0.41 g/t over 4.5 m (89.0 m to 93.5 m)
              - New zone: 1.51 g/t over 2.7 m (272.8 m to 275.5 m), 
              180 m below DO-17-151

Note: Footages shown are core lengths in metres. 
True widths represent 90 per cent of core lengths.

Significant gold mineralization was intersected in three holes: 2.11 grams per tonne gold over 20.6 metres (DO-16-147), 2.20 grams per tonne gold over 23.1 metres (DO-16-149) and 3.53 grams per tonne gold over 4.5 metres (DO-17-151), all from the Douay West zone.

In addition, the thorough drill core sampling of the 2017 drilling campaign has likely contributed to the identification of new gold mineralization in four of these six drill holes: 0.56 gram per tonne gold over 6.4 metres (DO-16-148), 1.05 grams per tonne gold over 4.5 metres (DO-16-149), 0.89 gram per tonne gold over 36 metres (DO-17-150), and 0.41 gram per tonne gold over 4.5 metres and 1.51 grams per tonne gold over 2.7 metres (DO-17-152). This was also observed in 2016 during the relogging and gold assaying of unsampled mineralized zones from the historical drill core. The full 2016 gold assay and core relogging program results will be made available later in the year once they are all compiled, validated and incorporated in the overall database.

The objective of proving the new geological model is being met; new results are extending the known mineralization along the east-west structural corridors and down dip of previous intersections.

Quality assurance and quality control

In 2016, Aurvista implemented strict quality assurance and quality control protocols at Douay covering the planning of and placing drill holes in the field; drilling and retrieving the NQ-sized drill core; drill hole surveying; core transport to the Douay camp; core logging by qualified staff; sampling and bagging of core for analysis; transport of core from site to the analytical laboratory; sample preparation for assaying; and analysis, recording and final statistical vetting of results.

Douay gold project and company profile

Aurvista Gold's asset is the Douay gold project, consisting of a 100-per-cent-owned interest in 250 contiguous claims totalling 133.1 square kilometres, plus a 90-per-cent interest in five contiguous claims totalling 0.2 square kilometre and a 75-per-cent interest (25 per cent held by SOQUEM) in 32 contiguous claims totalling 11.9 square kilometres . In total, there are 287 claims covering 145.3 square kilometres located along a 20-kilometre segment of the Casa Berardi deformation zone in the prolific Abitibi belt of Northern Quebec. Douay is located 40 kilometres southwest of the Matagami base metal camp and 150 kilometres north of the Val d'Or/Malartic gold camp (both in Quebec).

Qualified person

The technical contents in this news release have been approved by Jean Lafleur, MSc, PGeo, president and chief executive officer for Aurvista Gold, and Antoine Yassa, PGeo, database manager for the Douay gold project. Both individuals are qualified persons under National Instrument 43-101.

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