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DISCLAIMER
Cautionary Notes Regarding Forward-Looking Statements
This Corporation’s website (“website”) includes “forward-looking statements” within the meaning of securities legislation in Canada
and Section 27A of the Securities Act of 1933 in the United States of America, as amended, (the “Securities Act”), and Section 21E of
the Securities Exchange Act of 1934 in the United States of America, as amended, (the “Exchange Act”). All statements other than
statements of historical facts included in this Presentation, including, without limitation, those regarding the Corporation’s opinions
and beliefs, financial position, business strategy, budgets, reserve estimates, development and exploitation opportunities and
projects, classification of reserves, and plans and objectives of management for future operations, are forward-looking statements.
When used in this presentation, the words “estimate”,”project”, "anticipate", "expect", "intend", "believe", "hope", "may" and similar
expressions, as well as "will", "shall" and all other indications of future tense, are intended, without limitation, to identify forwardlooking statements. Although the Corporation believes that the expectations reflected in such forward-looking statements are
reasonable, it can give no assurance that such expectations will prove to have been correct. Such forward-looking statements reflect
the Corporation’s views as at the date of this Presentation and involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of the Corporation or industry results, to be materially different
from any future results, performance, or achievements expressed or implied by such forward-looking statements. Except as may be
required by law or regulation, the Corporation undertakes no obligation and expressly disclaims any responsibility or obligation or
undertaking to publicly release any updates or to revise any forward-looking statements or information, whether as a result of new
information, future events or otherwise to reflect any change in the Corporation’s expectations or any change in events, conditions
or circumstances on which any such statement is based. Such factors include, among others, the Risk Factors set forth in the
Corporation’s Quarterly Management and Discussion.
Given these uncertainties, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only
as of the date made.
The scientific and technical data contained in this presentation was reviewed and prepared under the supervision of Jean Lafleur, M.
Sc, P. Geo., a non-independent qualified person to Aurvista Gold Corp. who is responsible for ensuring that the geologic information
provided in this presentation is accurate and acts as a “qualified person” under National Instrument 43-101 Standards of Disclosure
for Mineral Projects.
Cautionary note to US investors concerning resource estimates
Information in this Presentation is intended to comply with the requirements of the Toronto Stock Exchange and applicable Canadian
securities legislation, which differ in certain respects with the rules and regulations promulgated under the United States Securities
Exchange Act of 1934, as amended (“Exchange Act”), as promulgated by the Securities and Exchange Commission. The Reserve and
Resource estimates in this Presentation were prepared in accordance with National Instrument 43-101 – Standards of Disclosure for
Mineral Projects (“NI 43-101) adopted by the Canadian Securities Administrators. The requirements of NI 43-101 differ significantly
from the requirements of the United States Securities and Exchange Commission.
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LOCATION
Aurvista’s Douay Gold Project is located in the Prolific Abitibi Greenstone Belt (AGB)
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•
200M ounces of
gold produced
and proved up in
the AGB
•
Several
operating large
scale mines
within 150km
•
Quebec ranked
6th best mining
jurisdiction in
the world (Fraser
Institute 2017)
LOCATION
4
•
Excellent
infrastructure
•
Strong local
and regional
community
support
•
305km²
district-scale
property
package
HISTORY: TRACK RECORD OF SUCCESS
Aurvista’s management team and directors have collectively raised more than $2 billion
dollars and successfully delivered major liquidity events for shareholders in the past
Iron Ore mining company sold to Cliff’s Natural Resources Inc.
for C$4.9B in 2011 [largest iron-ore deal in Canadian history]
Brazilian gold mine sold to Yamana Gold Inc. for ~C$575M in
2006
CAPITAL CORP.
Acquired by IAMGOLD in stock-swap deal for ~C$350M in
2003 to form mid-tier gold producer
The team is now stronger than ever and targeting another major win for shareholders
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DOUAY GOLD PROJECT: HISTORY
Aurizon Option
Inco Gold
Discovery
• Acquires 100%
• 182 DDH / 66,000m
• Reimagined gold model
• Establish Updated 2017 Mineral
Resource of 2.8Moz gold*
• 47 DDH / 15,600m
• Establishes Infrastructure
• Relinquishes property, low
gold price period
• 4 DDH / 579m
• Discovery of “Main Zone”
1996 - 2000
1976
2011 +
Douay Project History
1986 - 1995
2004 - 2011
• Vior discovers high grade
“Douay West Zone”
• 354 DDH’s / 99,800m
• Douay West PEA completed:
357,000 Tonnes @ 7.2 g/t Au
• 102 DDH / 30,100m
• Discovery of “Porphyry Zone”
• Douay West open pit
Feasibility study
Vior
Exploration
Vior Option
*Aurvista filed the Pit Constrained Inferred Mineral Resource Estimate Technical Report on April 11, 2017. Estimate completed by Micon International Limited.
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PROJECT HISTORY – DRILLING
Drill Highlights from Previous Drill Campaigns
DDH#
Location
Gold Grade
Intercept
(Year Drilled)
(g/t)
(m)
D-102
(2005)
84637
(1990)
40688
(1981)
Douay
West
15.01
8.20
21.18
10.48
15.81
15.36
7.12
13.17
Main
54483
(1976)
70531-2
(1992)
531
11.93
7.23
4140-93-01 (1993)
NW
10.73
5.00
1.07
183.00
5.36
9.00
DO-12-97 (2012)
Porphyry
Including
VG FROM DRILL CORE
DO-11-61 (2011)
10
6.67
12.00
DO-92-20 (1992)
20
8.47
3.29
VG FROM DRILL CORE
The Douay Gold Project has never been mined. All of the high-grade
lenses and zones remain intact on the property.
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RECENT HISTORY: SHARE CHART (YTD)
AVA Drills 23m @ 2.2 g/t Au
@ Douay West Zone
Oversubscribed financing
increased to $10M
AVA Drills NW step-out
hole: 34.5m @ 0.79 g/t Au
AVA purchases and cancels
1.5% NSR from NAMC
AVA announces $7M raise
AVA announces positive
preliminary met results &
consolidates additional claims
AVA Files 43-101
Resource Estimate
AVA appoints Matthew
Hornor as President & CEO
MC: ~C$45M
3 MONTH AVG DAILY
VOL: ~1,000,000/DAY
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2017 INFERRED RESOURCE ESTIMATE
Douay Project Conceptual Pit Shell Locations, Looking Down (Micon NI 43-101 Technical Report)
Royalty Free:
except for 1%
NSR that covers
North West Zone
43-101 Mineral Resource Report was
filed on SEDAR as of April 11, 2017
Mineralized Zone
Category
Porphyry (POR)
Douay West (DW)
Main Zone (MZ)
Zone 10 (MZ10)
North-West (NW)
Zone 20 (MZ20)
Central Zone (CZ)
Inferred
Inferred
Inferred
Inferred
Inferred
Inferred
Inferred
Grand Total
Metric Tonnes
Average Gold
Grade (g/t)
Contained Gold
(oz) (0.5 g/t cutoff grade)
0.96
2.36
1.55
1.38
2.51
0.71
1.20
1.05
2,238,000
339,000
15,000
80,000
40,000
81,000
20,000
2,813,000
72,162,000
4,468,000
311,000
1,815,000
497,000
3,565,000
510,000
83,327,000
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*Mineral resources which are not
mineral reserves do not have
demonstrated economic viability. The
estimate of mineral resources may
also be materially affected by other
relevant factors or issues. The mineral
resource estimate has been prepared
without reference to surface rights or
the presence of overlying public
infrastructure. There has been
insufficient exploration to define these
inferred resources as an indicated or
measured mineral resource and it is
uncertain if further exploration will
result in upgrading them to an
indicated or measured mineral
resource category.
EV/OZ PEER ANALYSIS
Enterprise Vale Per Resource Ounce*
GOLD STANDARD VENTURES
$145
INTEGRA****
$134
AURYN RESOURCES
$128
COMPANY
COTE GOLD PROJECT***
$108
OSISKO MINING**
$86
PROBE METALS
$85
NIGHTHAWK GOLD
$47
MARATHON GOLD
$46
EASTMAIN RESOURCES
$30
AURVISTA GOLD
$10
$0
$20
$40
$60
$80
$100
$120
$140
EV/OZ in $USD
Sources: Company websites, presentations and financial reports
All estimates are approximate, reported in $USD (USD/CAD: 1.33) & to the best of the Company’s knowledge as of July 1, 2017
*Includes measured & indicated + inferred resource categories (M&I + I)
**Completed PEA / Pre-feasibility Study
***Project EV based on Sumitomo $195M USD purchase for 30% of the Cote Gold Project (announced June 5, 2017)
****Completed Feasibility / in Construction (EV based on premium to be paid by Eldorado Gold (announced May 15, 2017)
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$160
RECENT M&A IN THE ABITIBI
MINING-FRIENDLY JURISDICTION IN CANADA WHERE MAJOR GOLD COMPANIES TARGET GROWTH
*Quebec Ranked 6th best mining jurisdiction in the world (Fraser Institute - 2017)
2013
Hecla trumps Alamos with deal to acquire Aurizon
C$796M
2014
Agnico Eagle & Yamana outbid Goldcorp to acquire Osisko
C$3.91B
2015
Goldcorp bids for Probe Mines Limited.
C$526M
2016
Tahoe Resources acquires Lake Shore Gold Corporation
C$945M
2017
Eldorado Gold pays premium to acquire Integra Gold Corp.
C$590M
2017
Sumitomo acquire 30% interest in Cote Gold Project from IAM Gold
C$255M
Sources: Google Finance, Bloomberg News, Northern Miner, Stockwatch.com, Company reports and press releases (all amounts approx. & in $CAD)
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2017 PLANNED EXPLORATION [Q3-Q4]
RESOURCE EXPANSION &
DELINEATION
&
• 2.8M ounces of gold in Quebec
NEW DISCOVERIES
• 305km² District-scale project
(Inferred Resource: 1.05 g/t Au @ 0.5 cut-off)
package
• NSR – major royalty advantage over
• 40km of strike along the Casa
neighbouring deposits and mines (1% NSR
covers only a small fraction of the resource)
Berardi Deformation Zone within the
prolific Abitibi Greenstone Belt
• 10k metres of exploration drilling
• 20k metres of major step-out drilling and
planned to target new gold discoveries
following property-wide geophysics &
exploration program
resource delineation drilling targeting SE
plunging higher-grade gold lenses and feeder
structures in the Porphyry Zone
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RESOURCE EXPANSION DRILLING
LONGITUDINAL SECTION OF A PORTION OF THE PORPHYRY TREND (LOOKING NE)
Go-forward Drilling will Target High-Grade Gold Lenses and Additional Tonnes at Depth & Along Strike*
SURFACE
-750M
*
*Conceptual block-model targeting focused on expanding known high-grade lenses and potential feeder structures within the Porphyry Zone
NOTE: New Technical/Analyst Presentation will be added to the Company’s website by July 31, 2017
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2017 EXPLORATION/DISCOVERY DRILLING
Fall/Winter: Drilling for New Gold Discoveries
Spring/Summer: Project-wide Exploration
 Airborne geophysics (mag+EM)
 Field mapping, sampling and assaying
 Outcrop stripping and trenching, mapping,
sampling and assaying
 Geological modeling
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14
2017 Q3-Q4 PLAN:
UPCOMING MILESTONES/CATALYSTS
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SHARE STRUCTURE
Share Ownership*
Capitalization
Shares Outstanding
As of Jul 1, 2017
Warrants Outstanding*
65,236,501
Options**
16,740,000
Fully Diluted
254,768,301
*Warrant Breakdown
Warrant Price
Remaining Warrants
$0.13
$0.28
$0.40
~2,300,000
~39,000,000
23,936,501
7%
172,791,800
33%
39%
2%
14%
5%
Expiry Date
Potential Cash
Proceeds (aprox)
Jul 25, 2019
Nov 19, 2019
Jun 27, 2022*
$299,000
$10,920,000
$9,574,600
*The Company intends to list the $0.40 warrants for trading, subject to regulatory approval
**Approximately 8M of the 16.7M options have vested as of May 25, 2017
Management & Directors
Company Associated & Closely Related
CDP & SIDEX
Vior Inc. (original property vendor)
Institutional & Fund Ownership
Retail
*Estimated as of July 1, 2017
Approximately 40% of the outstanding shares are held by
management, directors, insiders and closely related parties.
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WELL-BALANCED MANAGEMENT TEAM
C
O
R
P
O
R
A
T
E
T
E
C
H
N
I
C
A
L
Matthew Hornor
President & CEO
Bryan Keeler
CFO, Director
Served as the VP & Executive VP for Ivanhoe Mines Ltd. for 10 years where he structured strategic
partnerships and directly negotiated project/equity financings for more than $450M.
Chartered Accountant with more than 30 years of corporate and operations experience including
Chartered Accountant with more than 30 years of corporate and operations experience including creative
creative
financial engineering
work inofthe
building
of three
successful
royalty finance companies.
financial
engineering
work in the building
three
successful
royalty
finance companies.
Joness Lang
VP, Corp. Development
Served as VP, Corp. Development with Riverside Resources for 5+ years where he co-led multiple
private placements and negotiated/structured JV, spin-out and strategic alliance partnerships
Keith Minty
COO
30+ years of open-pit and underground mine development experience globally. Director of Auryn
Resources Inc., DNI Metals Inc & Callinex Mines Inc.
Jean Lafleur
VP, Exploration, Director
30+ years of exploration experience, with Abitibi Greenstone Belt expertise. Part of discovery at
the Sigma-Lamaque deposit & bulk gold exploration program at Canadian Malartic (98-03)
Paul MacRae
VP, Technical Services
40 years of domestic/international open pit project planning and execution experience,
managing projects for BHP Billiton, Barrick Gold, Silver Standard Resources & Kinross Gold Corp.
Full bios available on the Company’s website at www.aurvistagold.com
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EXPERIENCED BOARD
Gerald McCarvill
Chairman
Established Repadre Capital Corporation, now IAMGOLD (TSX), Desert Sun Mining (acquired by Yamana
Gold), Consolidated Thompson Iron Mines (acquired by Cliffs) and Metals Royalty Corporation.
G. Edmund King
Director
Served as Chairman & CEO for CIBC Wood Gundy Ltd. and Chairman of Investment Dealers Association
of Canada, Western International Communications & Rockwater Capital Corp.
Robert Mitchell
Director
Retired partner of Ernst and Young LLP, with 40+ years of financial/corporate experience. Mr. Mitchell
is a member of the Institute of Corporate Directors, and well-versed in Financial Reporting Standards.
Sean Charland
Director
Seasoned communications professional that has leveraged his investor network across North America
and Europe to raise a significant amount of capital for mineral exploration and mining companies.
Directors note: Bryan Keeler & Jean Lafleur bio notes on previous slide
Full bios available on the Company’s website at www.aurvistagold.com
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KEY TAKEAWAYS
 Quebec is one of the most attractive mining jurisdictions in the world
 Aurvista has already delineated 2.8M Oz (inferred) at more than 1 g/t gold (0.5 g/t cut-off)
 The main gold zones of the current resource at Douay exhibit several similarities to an
early-stage Canadian Malartic
 Significant new discovery and resource expansion potential at the Company’s 305 km²
property package – Priority exploration targets will be drilled in Q4 2017
 Management is committed to bringing the Douay gold camp to the next level and delivering
significant shareholder value
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