ASHBURTON ACQUIRES TEELS LITHIUM PROSPECT

ASHBURTON ACQUIRES TEELS LITHIUM PROSPECT 150 150 Progressive Planet Inc.




ASHBURTON
ACQUIRES TEELS LITHIUM PROSPECT



November 9, 2009, VANCOUVER, B.C.



– ASHBURTON VENTURES INC.


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

announces it has signed a letter of agreement dated
November 6, 2009 to acquire the “Teels” lithium prospect located at Teels
Marsh, Mineral County, Nevada, approximately 54 miles northwest of Clayton
Valley. The prospect comprises 123 Placer claims (2,460 acres – 3.8 square
miles) which cover approximately the west 2/3 of the Teels Marsh, a closed,
desert basin.

Teel
Marsh was first worked in the 1860’s for salt needed in chlorination production
plants at Aurora, Comstock, and Candelaria. In approximately 1872 borax was
discovered and was produced steadily until 1892 by U.S. Borax, which still
holds the private ground to the east. Operations ceased when other borax
resources were found in Death Valley.

The
Teels prospect is a playa deposit containing chlorides, sulfates, carbonates,
bicarbonates, and borates of sodium and potassium.  These occurrences and the existence of
historical

data suggesting lithium water flows into the
marsh are

the reasons for the Company’s
interest.

The Clayton Valley lithium deposit was also mined in
the 1800s for salt and borax, so the similarities with Teels are obvious. As
lithium bearing brines tend to be the last product of evaporation, it appears
(and from the Clayton Valley work) that the deeper portions of the playa,
usually fault derived (as at Atacama,
Chile) have
allowed the proper time for evaporation of these last stages of brines. A fault
along the western margin of the Teels playa, which we now control, appears to
have down-dropped (or tilted) potentially forming a deep basin.


Terms
of the deal are cash payments totaling $22,500 plus 250,000 shares of Ashburton
with a due diligence period included through December 12, 2009. A finder’s fee
may be payable.

Ashburton
Ventures is a junior exploration company actively seeking mineral and energy
opportunities for the benefit of all its stakeholders. For more information
please visit the Company’s website located at
www.ashburtonventures.com
.

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
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, 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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