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October 2009

ASHBURTON ANNOUNCES ENCOURAGING RESULTS OF PRELIMINARY WORK AT THE “HY” LITHIUM PROPERTY IN NEVADA

ASHBURTON ANNOUNCES ENCOURAGING RESULTS OF PRELIMINARY WORK AT THE “HY” LITHIUM PROPERTY IN NEVADA 150 150 Progressive Planet Inc.

ASHBURTON
ANNOUNCES ENCOURAGING RESULTS OF PRELIMINARY WORK AT THE “HY”
LITHIUM PROPERTY IN NEVADA



October
29, 2009, VANCOUVER, B.C.




– ASHBURTON
VENTURES INC.



(ABR-TSX:V)
(“Ashburton” or the “Company”)


is pleased to announce results from its initial ground program on
the “HY” claims (see PR dated August 19, 2009) located in the Dixie
Valley of west-central Nevada.  The “HY” claims cover
approximately 740 acres (300 hectares) and were the subject of 
reconnaissance surveys in the late 1970’s  and a preliminary work project
in the 1980’s. These earlier reconnaissance programs were directed by
geologist Jay W. Santos, and included 242 shallow auger holes to test lithium
dispersion below the feed source. Results obtained from commercial laboratories
showed total lithium contents ranging from 86 to 1480 ppm from rock and soil
samples in the auger holes.

Sampling by
Ashburton on the claim block confirmed the lithium anomalies initially detected
in the reconnaissance surveys.  Four soil auger samples were from areas
where anomalous Li was reported from the 1970s sampling program.  The four
samples were collected using a 1.2-meter soil auger and ranged in depth from
0.50 to 1.15 meters.  Lithium contents of these samples range from 320 to
590 ppm Li.  Three water samples were also collected from nearby springs
on the property contained 1580 to 1720 ug/L Li.  Geochemical analyses were
performed by ALS-Chemex Laboratories of Reno, Nevada, and North Vancouver, BC.

Management are
very encouraged by the results and are designing a more systematic sampling
program for implementation in the coming year.

David
Hedderly-Smith, Ph.D, P.Geo is an advisor to Ashburton, a Qualified Person as
defined by N.I. 43-101, and has approved the information in this press release.

Ashburton is
pleased to welcome Greg Amor, CA, as the company’s new chief financial officer
effective November 1, 2009. Mr. Amor brings to the company his substantial
experience with junior exploration companies, gained while acting in senior
executive positions with a number of TSX Venture Exchange-listed companies. The
Company wishes to thank Ms. Zara Kanji-Aquino for performing as CFO up to this
time.

The Company also
announces it has granted a total of 825,000 stock options to directors,
officers, employees and consultants of the company, exercisable at a price of
10 cents per share for a period of five years from the date of grant. The
options have been granted in accordance with the company’s stock option plan.

Ashburton
Ventures is a junior exploration company actively seeking mineral and energy
opportunities for the benefit of all its stakeholders.

 

ASHBURTON VENTURES AQUIRES GOLD PROPERTY ADJOINING INTERNATIONAL WAYSIDE GOLD MINES LTD. ON BARKERVILLE MOUNTAIN, BC

ASHBURTON VENTURES AQUIRES GOLD PROPERTY ADJOINING INTERNATIONAL WAYSIDE GOLD MINES LTD. ON BARKERVILLE MOUNTAIN, BC 150 150 Progressive Planet Inc.







 


ASHBURTON
VENTURES



AQUIRES GOLD PROPERTY
ADJOINING



INTERNATIONAL


WAYSIDE
GOLD



MINES LTD.


ON
BARKERVILLE MOUNTAIN, BC



October




8, 2009, VANCOUVER, B.C.



– ASHBURTON VENTURES INC.


(ABR-TSX:V) (“Ashburton” or the “Company”)

is pleased to announce the
Company has entered into an agreement to acquire 5 mining claims comprising
over 2100 hectares adjacent to the International Wayside Gold Mines Ltd.
property which was the site of the discovery hole announced on October 7, 2009
by International Wayside Gold Mines Ltd.  The terms of the agreement are a
cash payment of $20,000 upon signing, the issuance of 750,000 shares of
Ashburton upon TSX Venture Exchange approval plus a 2% NSR of which 1% can be
purchased for $1 million. The Company has also committed to spend $25,000 on
exploration prior to July 1, 2010. 
The claims are located to the north of, and adjacent to, the property in
the Bonanza Ledge Zone owned by International Wayside Gold Mines Ltd., near the
historic town of Barkerville, British Columbia, on Barkerville Mountain.

On October 7, 2009, International
Wayside Gold Mines Ltd. announced that drill hole BC09-12 intercepted gold
mineralization from 3.048 metres (10 feet below surface) to 87.48 metres (287
feet below surface):



·      


84.4 metres (277.0 feet) of 16.5 grams per
tonne (g/t) (0.481 ounce per ton) gold;



·      


Including 37.5 metres (123.1 feet) of 36.1
g/t (1.052 ounces per ton) gold.

The Company is very
excited by this new discovery area with the promising intercept announced by International
Wayside Gold Mines Ltd. and is pleased to have secured a sizeable land position
in the area.

 

This transaction is subject to acceptance by
the TSX Venture Exchange.

Ashburton Ventures is a junior exploration
company actively seeking mineral and energy opportunities for the benefit of
all its stakeholders.

ON BEHALF OF
THE BOARD

 


“Michael England”

___________________________

Michael
England, President


For further information
contact:

Telephone: (604) 683-3995





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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