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AUV

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Share Name Share Symbol Market Type
TSXV:AUV TSX Venture Common Stock
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  0.00 0.00% 0 -

Augyva Announces Filing a Preliminary Economic Assessment for the Duncan Lake Iron Project

06/05/2013 9:00pm

Marketwired Canada


Augyva Mining Resources Inc. ("Augyva or the Company") (TSX VENTURE:AUV) is
pleased to announce that following its news release dated March 22, 2013, it has
filed a Preliminary Economic Assessment ("PEA") prepared by Met-Chem, Canada
Inc. (Met-Chem) on SEDAR for its 35% owned Duncan Lake Iron Project. A copy of
the PEA, dated May 6, 2013, is available under Augyva's SEDAR profile at
www.sedar.com and will also be subsequently posted on Augyva's website at
www.augyvamining.com.


The Duncan Lake Property

The Duncan Lake Property is an advanced exploration stage property comprised of
approximately 534 mining claims covering approximately 25,605 hectares in the
western part of the La Grande Greenstone Belt in the James Bay region of Quebec
located approximately 130 kilometres from the East coast of James Bay. The
Duncan Lake Property is the subject of a joint venture agreement between Augyva
and Century. The Company has a 35% interest in the Duncan Lake Property and
Canadian Century Iron Ore Corporation has a 65% interest.


About Augyva Mining Resources Inc.

Augyva Mining Resources Inc. (TSX VENTURE:AUV) is an exploration and development
company. Its major project is its interest in the Duncan Lake Iron Project in
the western part of the La Grande Greenstone Belt in Quebec. 


In addition to the Duncan Lake Iron Project, Augyva holds a 100% interest in
four other mineral properties in Quebec, namely: Yasinski and Kali in the James
Bay region and Senneville and Malartic in the Abitibi region. At these mineral
properties, the exploration focus is for gold and base metals mineralization.


About Met-Chem

Met-Chem is an internationally renowned consulting engineering firm established
in 1969 to provide all phases of geology, mining, mineral processing and
engineering services throughout the world. From its headquarters in Montreal,
Met-Chem offers the mining industry professional expertise that covers scoping,
pre-feasibility and feasibility studies, basic and detailed engineering,
procurement and construction management, training, start-up, commissioning and
operations assistance.


Cautionary Statement

This news release may contain certain forward-looking information. All
statements included herein, other than statements of historical fact, are
forward-looking information and such information involves various risks and
uncertainties. There can be no assurance that such information will prove to be
accurate, and actual results and future events could differ materially from
those anticipated in such information. A description of assumptions used to
develop such forward-looking information and a description of risk factors that
may cause actual results to differ materially from forward-looking information
can be found in Augyva's disclosure documents on the SEDAR website at
www.sedar.com. Augyva does not undertake to update any forward looking
information except in accordance with applicable securities laws. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Augyva Mining Resources Inc.
Peter R. Jones
Chairman & Interim CEO
416-309-2198
www.augyvamining.com

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