AUV

Augyva Mining Resources Inc. (TSX VENTURE:AUV) ("Augyva") announces that on
October 08, 2012 Century Iron Mines Corporation ("Century") provided notice to
Augyva that it had completed its $14 million expenditure to earn-in to a 65%
interest in the Duncan Lake Iron Property (DLIP) in the James Bay area of Quebec
under the Option and Joint Venture Agreement between Century and Augyva relating
to DLIP dated May 2008. Century is the operator of the joint venture.


Confirmation of completion of the $14 million earn-in is subject to the
customary financial and legal reviews. The Option and Joint Venture Agreement
can be found on the Company's website at www.augyvamining.com.


About the Duncan Lake Iron Property 

The DLIP, located approximately 570 km north of Mattagami and 50 km south of
Radisson Quebec, is approximately 130 km from the shore of James Bay and is
accessed by paved road. The property incorporates 534 exploration claims
covering 25,605 hectares. 


Pursuant to the Option and Joint Venture Agreement on November 11, 2010, Century
completed its funding of $6 million to earn an initial 51% interest and
subsequently has provided notice to Augyva that it has increased its interest in
the property to 65% by expending a further $14 million. Augyva will retain a 35%
interest in the DLIP. 


On August 27, 2012 Augyva issued a news release titled "Augyva Announces Updated
Duncan Lake Iron Project NI 43-101 Compliant Resource Estimate, Exceeds
Expectations". This news release can be found on the Company's website at
www.augyvamining.com.


A Preliminary Economic Assessment ("PEA") for the DLIP is currently underway by
Met-Chem and completion of the PEA is expected before year end 2012. 


About Augyva Mining Resources Inc.

Augyva Mining Resources Inc. (TSX VENTURE:AUV) is an exploration and development
company. Its major project is its interest in the DLIP in the western part of
the La Grande Greenstone Belt in Quebec. 


In addition to the Duncan Lake Iron Project, Augyva holds a 100% interest in
four other mineral properties, namely: Yasinski and Kali in the James Bay region
and Senneville and Malartic in the Abitibi region. At these mineral properties,
the exploration focus is for other than iron.


Qualified Person 

George Wahl P. Geo. Augyva's QP has reviewed and approved this news release

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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