The scientific and technical information contained in this news release has been reviewed by Mr. Miller O'Prey P.Geo., who is the President and CEO of the Company and a "Qualified Person" as defined under National Instrument 43-101.
About The Guadalupe Project
The Guadalupe Project consists of approximately 40,000 hectares, and is situated approximately 110 km northeast of Medellin. Geologically, the property is located along the northern contact of the Antioquia Batholith, a known historic gold producer and host to the AnglogoldAshanti/B2Gold Gramalote project (M&I Resources of 2.5 Moz at 0.81 g/t Au, plus Inferred Resources of 1.4 Moz at 0.44 g/t Au) and Red Eagle's Santa Rosa project. To the north of the Antioquia Batholith is the Cretaceous aged San Pablo Formation; a flysch sequence of mixed basic volcanics and clastic sediments, known to host both precious and base metal mineralization.
Solvista is a gold exploration company with two projects, Caramanta and Guadalupe. These projects cover approximately 60,000 hectares in the Antioquia province of Colombia, a region rich in historic gold mining tradition and where several new gold discoveries have recently been made. Drill programs conducted during 2012 confirmed the presence of significant gold mineralization at both its projects, with drilling ongoing at Caramanta. Solvista's head office is located in Toronto with its Colombian headquarters located in Medellin. For further details on Solvista, its management team and its projects, please refer to Solvista's website (www.solvistagold.com).
CAUTIONARY STATEMENT: This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes, but is not limited to, Solvista's objectives, goals or future plans, statements regarding the estimation of mineral resources, exploration results, potential mineralization, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, failure to convert estimated mineral resources to reserves, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry, and those risks set out in Solvista's public documents filed on SEDAR. Although Solvista believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Solvista disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
To view "Figure 1: Drill hole collars and traces for the 2012 Guadalupe Phase 1 drill program, highlighting the targets drilled, with IP Chargeability model at 130 m depth overlain with surface rock samples", please visit the following link: http://media3.marketwire.com/docs/846464_Figure1.pdf.
To view "Figure 2: Schematic cross-section through drill hole GUD-1214, showing relationship between gold identified in surface rock-chip samples and the drill hole", please visit the following link: http://media3.marketwire.com/docs/846464_Figure2.pdf.
Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
Solvista Gold Corporation
Miller O'Prey, PGeo
President and CEO
+1 647 694 0149
Solvista Gold Corporation
Don Christie, CA
Chief Financial Officer
+1 416 504 4171
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