Solvista Provides an Exploration Update on its Caramanta Project

TORONTO, ONTARIO--(Marketwired - May 26, 2014) - Solvista Gold Corporation ("Solvista" or the "Company") (TSX VENTURE:SVV)(OTCQX:SVVZF) is pleased provide an update on the ongoing exploration activities recently completed and planned at its Caramanta Project (the "Project"), which is currently being explored by IAMGOLD Corporation ("IAMGOLD"). As previously announced on March 17, 2014 Solvista entered into a definitive option agreement (the "Agreement") with IAMGOLD and also received acceptance of the Agreement from the TSX Venture Exchange.

Over the past several months, IAMGOLD has assigned a dedicated exploration team to the Project and commenced a detailed exploration program with the aim of resuming drilling during Q3 2014. Work completed or currently underway includes:

• A Mobile Metal Ion ("MMI") soil sampling program (896 samples) focused on ridges and spurs across the property to complement previous programs completed by Solvista.
• A 27 line kilometre ground magnetic survey within the area of the Caramanta Porphyry Cluster ("CPC"), to complement the previous surveys completed by Solvista in the area, resulting in complete ground magnetic coverage over the entire CPC.
• Detailed geological mapping and sampling in the areas of the Malabrigo and Casa Verde targets within the CPC.

Results from the MMI soil sampling program have been integrated with the Solvista database across the southern portion of the Project. Existing anomalies for gold and copper were expanded and new anomalies were identified within the CPC from the El Retén discovery, located at the southern end of the CPC, to the Casa Verde anomaly, located some 2.5 kilometres to the north. Two other anomalies were confirmed/ extended in areas where Solvista had previously completed little or no soil sampling: El Cacao, located to the north of the CPC, represents a possible extension of the mineralizing system and one target, known as Don Carlos, located to the east of the CPC in what appears to be a second mineralized trend that includes the Yarumalito/ Obispo targets of Colombia Mines Corporation. It should be noted that MMI anomalies may be offset from the mineralized zones to which they are related. It will take further geologic mapping and rock chip sampling to better understand the potential relationship of these anomalies to gold-copper mineralization.