Highvista Gold Inc. Reports on Its First Drill Program at the Alamo Muerto Target at Its Canasta Dorada Gold Project

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Highvista Gold Inc. ("Highvista" or the "Company") (TSX VENTURE:HVV) is pleased
to report on the results of its first drill program at the Alamo Muerto Target
at its 100% owned Canasta Dorada Gold Project, located within the Sonoran Gold
Belt, in Sonora State, Mexico.


"We are very pleased with the results from our first drill program at the Alamo
Muerto Target," said Rick Adams, President and CEO of Highvista. "This target is
large and located along the same structural trend as the neighbouring El Chanate
Mine, which is owned and operated by AuRico Gold Inc. Moreover, the
mineralization and host rock are similar to that found at El Chanate. We have
long believed that the El Chanate mineralization trended onto our concessions,
and this new discovery appears to confirm this."


Alamo Muerto Target

The Alamo Muerto target, located approximately 10 kilometres northwest of, and
on trend with, AuRico Gold's El Chanate Mine, was originally identified through
a reconnaissance surface mapping and sampling program conducted during the third
quarter of 2011. A comprehensive surface mapping and sampling program, conducted
during the first quarter of 2012, confirmed and expanded upon the results from
the initial program. Anomalous gold, silver and copper has been identified over
a surface area measuring approximately 1,600 metres by 1,100 metres. A total of
306 channel samples (1,167 kilograms) were collected from surface outcrops and
from historic underground workings. Several high grade gold, silver and copper
structures were identified within the target area.


This first phase of drilling at Alamo Muerto consisted of three reverse
circulation drill holes totaling 376 meters. The holes were drilled over a
surface area measuring approximately 100 metres by 100 metres. The deepest hole,
CD-12-95, was drilled to a depth of 172 metres at a dip of minus 55 degrees (or
141 metres vertical depth). All three holes intersected the same geological
structure, considered by Management to be the extension of the Chanate Fault.
The southernmost hole, CD-12-94, intersected anomalous gold/silver
mineralization over a 60 metre interval (from 27 metres down the hole). The
higher grade section from this hole is presented in Table 1.


Table 1: Significant Drill Intercepts for the Alamo Muerto Target



----------------------------------------------------------------------------
                                                 Gold    Silver         Gold
Hole             From         To   Interval     Grade     Grade   Equivalent
Number       (metres)   (metres)   (metres)     (g/t)     (g/t)  Grade (g/t)
----------------------------------------------------------------------------
CD-12-94         27.2       56.2       29.0     0.180       1.6        0.213
----------------------------------------------------------------------------
including        30.3       47.0       16.7     0.245       2.3        0.292
----------------------------------------------------------------------------



Note: Intervals shown are hole length (true width of mineralization is unknown
at present). Silver/Gold ratio of 50:1 used for gold equivalent grade
(metallurgical recoveries are assumed to be 100%).


Mineralization at Alamo Muerto appears to be primarily hosted within a
steeply-dipping, quartz-sericite altered sandstone containing fresh pyrite.


"We are excited with the latest drill results at Alamo Muerto," said Rick Adams,
President and CEO of Highvista. "We have drilled a 100 metre section of the
Chanate Fault extension and have discovered gold/silver mineralization over
relatively large intervals, where mineralization and host rock are similar to
that found at the neighbouring El Chanate Mine. Our current land package
encompasses more than 15 kilometres of this fault extension, most of which has
never been drill tested."


Subject to available funding, Highvista intends to complete a twenty hole (3,000
metre) Phase 2 drill program at Alamo Muerto in the fourth quarter of 2012.


Qualified Person

This press release was reviewed and prepared by Rick Adams, P. Eng., the
President, CEO and a Director of the Company, who is recognized as a Qualified
Person under the guidelines of National Instrument 43-101.


Quality Control - Sample Preparation, Analysis and Security

All samples were recorded and delivered to the ALS Chemex sample preparation lab
in Hermosillo, Sonora, Mexico by trusted Company personnel or ALS Chemex
employees. Pulps of each sample were prepared in Hermosillo and sent to ALS
Chemex, Vancouver, Canada, an ISO 9001-2000 certified full service laboratory.
Each pulp was analyzed using 30g fire assay for gold with AAS finish (ALS method
Au-AA23), and a nitric aqua regia digestion using conventional ICP-AES analysis
for an additional 35 elements, including silver (ALS method ME-ICP41). Over
limit samples for gold were subject to 30g fire assay with gravimetric finish
(ALS code Au-GRA21) and over limit samples for silver were subjected to an aqua
regia (HNO3-HCl) digestion using conventional ICP-AES analysis (ALS code
Ag-OG46). Highvista implements an Analytical Quality Assurance Program to
control the analytical quality of assays in its exploration work. This program
includes the systematic addition of blank samples and certified standards to
each batch of samples sent for analysis at commercial laboratories. Blank
samples are used to check for possible contamination in laboratories while
certified standards determine the analytical accuracy and precision.


Details of quality assurance/quality control procedures for sample preparation,
analysis and security are reported in detail in the Canadian National Instrument
43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") compliant
Technical Report filed on SEDAR (www.sedar.com) on September 27, 2011 for the
Canasta Dorada Property.


About Highvista 

Highvista owns 100% of a Mexican subsidiary that controls the 24,215 hectare
Canasta Dorada Gold Project. This project is located in the Sonoran Gold Belt
immediately adjacent to AuRico Gold's El Chanate Mine. Details of Highvista's
Canasta Dorada Project can be viewed at the Company's website at
www.highvistagold.com.


READER ADVISORY 

Statements in this press release may contain forward-looking information
including, but not limited to, statements with respect to the Company's proposed
drill program. Information concerning mineral resource estimates and the
interpretation of exploration results may also be considered forward-looking
statements as such information constitutes a prediction of what mineralization
might be found to be present if and when a project is actually developed. Any
statements that are contained in this press release that are not statements of
historical fact may be deemed to be forward looking statements. The reader is
cautioned that assumptions used in the preparation of any forward-looking
information may prove to be incorrect, including but not limited to, the ability
of the Corporation to raise sufficient capital to pay the exploration and
development costs on the properties, the availability of skilled labour,
availability of equipment, and future capital and operating costs. Events or
circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company. Factors that
could cause actual results to differ materially from any forward-looking
information include, but are not limited to, the unavailability of sufficient
capital to pay for proposed exploration and development, the risks of capital
and operating costs varying significantly from estimates, delays in obtaining or
failures to obtain required governmental, environmental or other project
approvals, inflation, commodity price and exchange rate fluctuations, the
uncertainty of estimates and projections relating to production, health, safety
and environmental risks, delays in the development of projects, uncertainties
relating to the interpretation of the geology, unanticipated operational or
technical difficulties and other factors. The reader is cautioned not to place
undue reliance on any forward-looking information. Such information, although
considered reasonable by management at the time of preparation, may prove to be
incorrect and actual results may differ materially from those anticipated.
Forward-looking statements contained in this press release are expressly
qualified by this cautionary statement.


The forward-looking statements contained in this press release are made as of
the date of this press release, and the Company does not undertake any
obligation to update publicly or to revise any of the included forward-looking
statements, whether as a result of new information, future events or otherwise,
except as expressly required by securities law. 


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