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Aurvista Gold Provides Technical Update and Combines Two Pre-Existing Gold Zones into New, Larger 1.5 km Long Douay West Gold Project
Combined zone consisting of the pre-existing Douay West and Adam-Porphyry zones, now termed th...
About this update from Maple Gold Mines Ltd
[{"type":"text","content":"Aurvista Gold Provides Technical Update and Combines Two Pre-Existing Gold Zones into New, Larger 1.5 km Long Douay West Gold ProjectCombined zone consisting of the pre-existing Douay West and Adam-Porphyry zones, now termed the Douay West Gold Project contains a current Mineral Resources (at a cut-off grade of 3 g/t gold) of: 828,000 tonnes @ 5.78 g/t gold for 153,890 ounces in the Indicated category 564,000 tonnes @ 16.69 g/t gold for 302,620 ounces in the Inferred category Toronto, Ontario--(Newsfile Corp. - June 17, 2015) - Aurvista Gold Corporation (TSXV: AVA) (OTC Pink: ARVSF) (\"Aurvista\" or the \"Company\") is pleased to announce the new Gold Zone being called the Douay West Gold Project. The Douay West Gold Project is a combination of the pre-existing Douay West Zone combined with the Adam-Porphyry Zone. The Company would also like to update shareholders and stakeholders on the Company's ongoing Generative Exploration Program for the Douay Gold Project (\"Douay\") highlighting the recent interpretative work at the prospective Douay West Zone. Jean Lafleur, President and CEO of Aurvista stated \"Aurvista has diligently been working since early December 2014 under the Generative Exploration Program on the compilation, synthesis and interpretation of the nearly 40 years of exploration data accumulated at Douay from the extensive geophysical and geological work done by Inco, Vior, SOQUEM, Cambior, Aurizon and more recently Aurvista. There are a number of trends that may have a significant impact on the upside potential at Douay.\" \"In addition and as part of this work the known gold zones have been re-examined for their higher grade potential but also re-examined from a perspective driven by the recent Preliminary Economic Assessment of bringing Douay West into production. In order to achieve a future saleable Feasibility Study the life of the Douay West operation will likely need to be extended to 10 years, or reserves of 350,000 to 500,000 ounces assuming a 35,000 to 50,000 ounces per year operation. As part of the Generative Exploration Program we noticed that one of the trends is a branch or fault of the Casa Berardi Deformation Corridor which links the Douay West and Adam-Porphyry zones. Aurvista now considers the two pre-existing zones - the Douay West and the Adam-Porphyry zones - which are geologically linked as b...