AUV

Augyva Mining Resources Inc. (TSX VENTURE:AUV) ("Augyva" or the "Company")
announced today that it has entered into an automatic share purchase plan with a
broker in order to facilitate repurchases of its common shares under its
previously announced normal course issuer bid. 


On February 7, 2012, Augyva announced that the Company had received conditional
approval from the TSX Venture Exchange (the "Exchange") to commence a normal
course issuer bid to repurchase between February 10, 2012 and February 8, 2013
up to 5,286,076 of its common shares (the "Shares"), representing 10% of its
public float. 


Under Augyva's automatic share purchase plan (the "Plan"), Augyva's broker, GMP
Securities LP, may repurchase Shares under the normal course issuer bid at times
when Augyva would ordinarily not be permitted to, due to self-imposed blackout
periods. 


At permitted times, Augyva anticipates renewing the Plan from time to time
during the course of its normal course issuer bid to enable Share purchases to
be made during Company blackout periods. 


Purchases under the Plan will be made by Augyva's broker based upon the
parameters prescribed by the Exchange, applicable Canadian securities laws and
the terms of the parties' written agreement. The Plan has been approved by the
Exchange and will be implemented effective at the close of business on May 3,
2012. 


About Augyva Mining Resources Inc. 

Augyva is an exploration and development company holding five (5) properties in
the James Bay and Abitibi regions of Quebec. 


The Company's major project is a 49% interest in the world class Duncan Lake
Iron Ore Project located in the western part of the La Grande Greenstone Belt
which is subject to a Joint Venture and Option agreement with Canadian Century
Iron Ore Corporation. Century has earned a 51% interest in the property and is
continuing expenditures to increase their interest to 65%. Both NI 43-101
reports and a preliminary economic assessment for the property are expected in
summer 2012. 


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.

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