AUV

Augyva Mining Resources Inc. (TSX VENTURE: AUV) ("Augyva" or the "Company") is pleased to present an update on its major drill program at the Duncan Lake Iron Ore Property ("DLIOP" or "Duncan") (Augyva 49% - Century (TSX VENTURE: FER) 51%).

Augyva has almost completed the first 8,000 meters of its Phase II drilling program announced in December. Phase II began in late January 2011 and a total of 24 holes have been drilled to date. Assay results will follow shortly.

The total planned footage of the current Phase II drilling campaign is estimated at a minimum of 50,000 meters. Phase II is designed to define additional tonnage in the extensions of deposits 4, 6 and mainly 3. Following up on the successful 2008-2009 Phase I drilling campaign, which saw substantial NI 43-101 compliant resources, and based on the NI 43-101 compliant technical report on the mineral resource estimate prepared by Met-Chem (see Augyva's press releases of February 4 and March 4, 2010), the DLIOP deposits have been relatively well outlined by drilling and geophysical surveys completed in Phase I. However, additional drilling was required in order to convert Inferred Resources into the Measured or Indicated Mineral Resource category.

As announced in Augyva's press release of December 6, 2010, Canadian Century Iron Ore Corporation ("Century") has completed its funding of $6,000,000 to earn a 51% interest in the Duncan Lake Iron Ore Property. Augyva is the Operator of the DLIOP until the funded amount is fully utilized for the Project and then Operatorship shall then be transferred. Century has the option to acquire an additional 14% interest in the Project by incurring exploration, construction and/or operating costs totalling $14,000,000 or by completing a feasibility report in respect of the Project.

Augyva and Century are focusing on increasing and upgrading the Duncan Lake project's Inferred Resources to the Measured and Indicated Resource category, in preparation for a Feasibility study.

About Augyva Mining Resources Inc.

Augyva is an exploration and development company with 5 properties located in the James Bay and Abitibi regions of the Province of Quebec. Its major project under development is the Duncan Lake Iron Ore Property. Augyva also holds 100% interest on 4 highly prospective gold and base metal properties: Yasinski (gold, platinum, chromite and other base metals) and Kali (gold, copper and other base metals) in the James Bay region, and: Senneville (gold) and Malartic (gold) in the Abitibi region. Other iron and related opportunities continue to be evaluated on an ongoing basis.

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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.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Georges-Yvan Gagnon - P.Geo President and CEO Augyva Mining Resources Inc. 819-275-1614 819-275-2254 (FAX) www.augyva.com Frederic Berard - Attorney Vice President HKDP Communications and Public Affairs 514-395-0375, ext. 259