AVA Avante Mining Corp

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES.


Aurvista Gold Corporation (the "Corporation" or "Aurvista") (TSX VENTURE:AVA) is
pleased to announce that it has completed the acquisition of a 100% interest in
the Douay Property and its initial public offering (the "Offering"). Pursuant to
the Offering, the Corporation issued an aggregate of 1,973,100 units at a price
of $1.00 per unit, each unit being comprised of one common share and one-half of
one common share purchase warrant, and 2,127,500 common shares that qualify as
"flow-through shares" as defined in subsection 66(15) of the Income Tax Act
(Canada) at a price of $1.00 per flow-through common share (collectively, the
"Securities"), for total gross proceeds of $4,100,600. The Securities were
qualified for distribution pursuant to the final prospectus of the Corporation
dated July 29, 2011 (the "Prospectus"), filed in each of the provinces of
Canada, excluding Prince Edward Island and Newfoundland and Labrador. The
Offering was completed through a syndicate of agents led by NCP Northland
Capital Partners Inc. and including National Bank Financial Inc. and Portfolio
Strategies Securities Inc. (collectively, the "Agents").


In connection with the Offering, the Corporation paid the Agents a $176,036 cash
commission along with 176,036 common share purchase warrants, each such
compensation warrant entitling the holder thereof to acquire one common share of
the Corporation at a price of $1.00 until February 9, 2013. The Corporation also
granted the Agents an over-allotment option (the "Over-Allotment Option")
entitling the Agents to acquire up to an additional 300,000 common shares at an
exercise price of $0.955 per common share and/or up to an additional 150,000
warrants at a price of $0.09 per whole warrant. The Over-Allotment Option may be
exercised by the Agents on or prior to September 9, 2011.


The net proceeds from the Offering will be used to fund the Corporation's
exploration program, operating expenses and unallocated working capital, which
may be used for the acquisition of additional mineral properties.


The Corporation is pleased to announce that the common shares of the Corporation
commenced trading today on the TSX Venture Exchange under the symbol "AVA".


Furthermore, concurrently with the closing of the Offering, the Corporation
acquired the remaining 50% interest (the "Mineral Claims") in respect of blocks
of claims located on the area of land referred to as the Douay Property and
located 50 km southwest of Matagami and 120 km north of Amos, in Abitibi, in the
Douay township of Quebec 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 Douay West Zone, as
further described in the Prospectus - the "Excluded Interest") previously held
by Societe d'Exploration Miniere Vior inc. ("Vior"), through the issue to Vior
of 21,250,000 common shares of the Corporation, which results in the Corporation
now owning a 100% interest in the Mineral Claims (other than the Excluded
Interest).


Guy Brunet, President and Chief Executive Officer of Aurvista, commented: "The
Corporation is happy with the completed financing. We thank our investors for
their trust and confidence in the Aurvista team, as reflected in the positive
response to the Offering. These funds will allow the Corporation to move forward
and it is now in a solid position to carry on its exploration program."


These securities have not been and will not be registered under the United
States Securities Act of 1933, as amended (the "1933 Act") or the securities
laws of any state or jurisdiction within the United States. Accordingly, these
securities may not be offered or sold within the United States except in
transactions exempt from the registration requirements of the 1933 Act and
applicable state laws. This press release does not constitute an offer to sell
or a solicitation of an offer to buy any of the securities offered hereby within
the United States of America unless it is accompanied by appropriate additional
disclosure, and in such case subject to all applicable United States securities
laws.


About Aurvista Gold Corporation

Aurvista'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 Douay West Zone) as further described in the Prospectus.
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. 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 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. 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 Dupere, 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.

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