Monthly Archives :

June 2009

ASHBURTON COMMENCES DRILLING AT BULLION HILLS

ASHBURTON COMMENCES DRILLING AT BULLION HILLS 150 150 Progressive Planet Inc.

ASHBURTON COMMENCES DRILLING AT BULLION HILLS

June 23, 2009, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V)
(“Ashburton” or the “Company”) announces phase one drilling of approximately 620 meters
(2000 feet) of HQ core has begun at its newly acquired Bullion Hills gold property in the Tintina
Gold Belt of Alaska.

The Company acquired an option to earn a 100% interest in the “Bullion Hills” gold property in
the Tintina Gold Belt of Alaska, from Royal Pretoria Gold Ltd., a private Alaskan Corporation.

The Tintina Gold Belt hosts a number of major lode gold deposits such as Kinross’s Fort Knox
(4.5Moz), Sumitomo’s Pogo (5 Moz) and NovaGold’s Donlin Creek (30 Moz).

Drill targets have been selected based on historic surface sampling geochemical results. The
primary target is designed to test the “Two Bit Granitic Pluton” which is exposed on the
property. Chip sampling across 11 meters (36 feet) of exposed bedrock returned 1.05 grams
per ton Au, including three (3) meters of 2.54 grams per ton Au. Coarse visible gold can be
panned from pulverized quartz veinlets within the granite intrusion and from coarse residual
soil (grus) lying directly on top of the intrusion. The secondary targets are high-grade quartz
veins and stockworks within the metasediments. Surface samples of float and rubble have
returned gold values up to 29 grams per ton.

The technical contents of this release were approved by Ashburton director and qualified
person as defined by National Instrument 43-101, Marvin Mitchell, P.Eng.

ON BEHALF OF THE BOARD
“Michael England”
___________________________
Michael England, President

For further information contact:
Telephone: (604) 683-3995
Facsimile: (604) 683-3988
Email: [email protected]

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.

ASHBURTON ACQUIRES YUKON PROPERTY ADJOINING UNDERWORLD’S WHITE GOLD PROJECT

ASHBURTON ACQUIRES YUKON PROPERTY ADJOINING UNDERWORLD’S WHITE GOLD PROJECT 150 150 Progressive Planet Inc.

ASHBURTON ACQUIRES YUKON PROPERTY ADJOINING UNDERWORLD’S WHITE
GOLD PROJECT

June 18, 2009, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V) (“Ashburton”
or the “Company”) announces it has acquired lode Quartz mineral claims adjacent to the White Gold
Property held by Underworld Resources (UW – TSX:V) located in the Yukon. The Ashburton Claims
are tagged directly to the northeast, approximately 10km from Underworlds recently announced (May
26, 2009) discovery of 103 meters of 3.4 g/t Au.
Ashburton’s claims appear to host similar metasedimentary stratigraphy as the Underworld White Gold
project as outlined in GSC mapping by Gordey and Ryan. Of note, the Yukon Minfile pinpoints an adit
that was driven for 4.6 metres in 1902 on Ashburton’s claims.
Ashburton will pay the vendor, Blair Naughty, $75,000 cash, 650,000 shares of the Company plus an
additional 350,000 shares on the first year anniversary. A 3% NSR will be granted to the vendor with
an option to buy back 1% for $1,000,000. The Company also agrees to spend $250,000 over the next
12 months as a work commitment. This transaction is subject to TSX Venture approval.

For further information we invite you to visit our website at www.ashburtonventures.com.
The technical contents of this release were approved by Ashburton director and qualified person as
defined by National Instrument 43-101, Marvin Mitchell, P.Eng.

ON BEHALF OF THE BOARD
“Michael England”
___________________________
Michael England, President

For further information contact:
Telephone: (604) 683-3995
Facsimile: (604) 683-3988
Email: [email protected]

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.

ASHBURTON ACQUIRES BULLION HILLS

ASHBURTON ACQUIRES BULLION HILLS 150 150 Progressive Planet Inc.

June 2, 2009, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V)
(“Ashburton” or the “Company”) announces it has acquired an option to earn a 100% interest in the
“Bullion Hills” gold property in the Tintina Gold Belt of Alaska, from Royal Pretoria Gold Ltd., a private Alaskan
Corporation. The Tintina Gold Belt hosts a number of major lode gold deposits such as Kinross’s Fort Knox
(4.5Moz), Sumitomo’s Pogo (5 Moz) and NovaGold’s Donlin Creek (30 Moz).

The 470 hectare (1162 acre) property is located about 240 kilometers (150 miles) by road northeast of
Fairbanks, Alaska, in the historic Circle Mining district. Since its discovery in 1893, the Circle district has
produced over one million ounces of placer gold from streams and creeks. The Bullion Hills property is drained
by Ketchum Creek, Portage Creek and Bottom Dollar Creek all of which have had recorded historical placer gold
production.

Bullion Hills is a proximal, intrusion-related gold property. The mid-Cretaceous Tombstone Suite granite intrudes
Paleozoic Yukon-Tanana Terrane metasediments (schists, gniesses and quartzites). Gold mineralization is hosted
in low sulphide quartz veins and quartz veinlet stockworks in faults and shear zones both within the granite
(similar to Kinross Fort Knox deposit) and the metasediments (similar to Sumitomo’s Pogo). Bullion Hills has
geologic similarities to the recent lode gold discovery (spatial association to gold placers and mid- to latecretaceous
intrusions) by Underworld Resources (UW: TSXV) on their White Gold Project announced May 26,
2009. White Gold lies within the portion of the Tintina Gold Belt of the Yukon, Canada, and is also the source of
placer gold-bearing streams draining from it.

Upon TSX approval Ashburton Ventures will immediately embark on a “Phase 1“ drilling program of
approximately 620 meters (2000 feet) of HQ core. The drilling is expected to commence in mid-June. The
property is fully permitted to drill and a drilling contract has been signed with Altar Drilling Inc.

Drill targets have been selected based on historic surface sampling geochemical results. The primary target is
designed to test the “Two Bit Granitic Pluton” which is exposed on the property. Chip sampling across 11 meters
(36 feet) of exposed bedrock returned 1.05 grams per ton Au, including three (3) meters of 2.54 grams per ton
Au. Coarse visible gold can be panned from pulverized quartz veinlets within the granite intrusion and from
coarse residual soil (grus) lying directly on top of the intrusion. The secondary targets are high-grade quartz
veins and stockworks within the metasediments. Surface samples of float and rubble have returned gold values
up to 0.934 ounces per ton.

Ashburton believes the potential exists at Bullion Hills for the discovery of either a large-tonnage, intrusionhosted
gold deposit similar to the Kinross Fort Knox gold deposit at Fairbanks, or a high-grade vein type gold
deposit similar to Sumitomo’s Pogo deposit.

Terms of the deal call for cumulative cash payments totaling $245,000 USD, 220,000 common shares of
Ashburton plus 2.5% NSR which can be bought down by 1% for $1,000,000.

The technical contents of this release were approved by Ashburton director and qualified person as defined by
National Instrument 43-101, Marvin Mitchell, P.Eng.
This transaction is subject to approval by the TSX Venture Exchange.

ON BEHALF OF THE BOARD
“Michael England”
___________________________
Michael England, President

For further information contact:
Telephone: (604) 683-3995
Facsimile: (604) 683-3988
Email: [email protected]

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.

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