Yearly Archives :

2010

ASHBURTON WELCOMES PREMIER GOLD MINES EXECUTIVE VP AND COO STEPHEN MCGIBBON TO TECHNICAL ADVISORY BOARD

ASHBURTON WELCOMES PREMIER GOLD MINES EXECUTIVE VP AND COO STEPHEN MCGIBBON TO TECHNICAL ADVISORY BOARD 150 150 Progressive Planet Inc.

December 21st, 2010, VANCOUVER, B.C.
– ASHBURTON VENTURES INC.
(ABR-TSX:V) (ARB-FRANKFURT)  (“Ashburton”
or the “Company”) is very pleased to welcome Mr. Stephen McGibbon, of
Premier Gold Mines Ltd. (PG-TSX), to its Technical Advisory Board.

Stephen
McGibbon, Premier’s Executive Vice-President and Chief Operating Officer, is a
Professional Geologist with over 27 years of exploration, mine production and
management experience.  He graduated from
Queen’s University at Kingston, in 1983 with a Bachelor of Science degree in
Geological Sciences. Mr. McGibbon has established a very successful track
record in gold exploration and development, being a senior member of the team
at Goldcorp that discovered the “High Grade Zone” at Red Lake.  The High Grade Zone is world renowned as the
world’s highest grade gold deposit and one of the most important gold
discoveries made in the last 20 years.  In
his capacity as Chief Geologist and Exploration Manager, Stephen lead the
talented team of geologists that helped transform the marginal, high-cost
operation into an unparalleled mining success.  He is a disciplined geologist and team-builder
that helped foster a spirit of innovation at Premier Gold.

“I
look forward to working with the Ashburton team in advancing the Deep Creek
Project” stated Mr. McGibbon.  â€œPremier
is excited by the results-to-date on this early stage, potentially high grade
property and are convinced the right ingredients exist to make 2011 a very
rewarding exploration campaign.”

Mike
England, President of Ashburton stated “We are delighted to have a geologist of
Mr. McGibbon’s calibre join our team.  This is another positive development in the
evolution of our Company. Mr. McGibbon’s experience will be invaluable as we
continue to explore our exciting Deep Creek Project.
We look

forward
to working with him and the
other key executives of Premier.”

Ashburton
has made several significant discoveries at Deep Creek including the Upper Vein
that has been traced over a strike length of over 640 meters with surface
sampling returning assays up to 1,180 g/t Au with width of up to over one meter
widths in some areas.  Additional
undiscovered gold-bearing veins are also indicated by a float sample of vein
material collected upslope of the Upper Vein, which assayed at 28.90 g/t gold.  The Upper Vein area represents only 10% of the
Deep Creek property, much of which has not been systematically explored since
the early 1990’s.

Further
to the news release dated December 9, 2010 announcing a private placement, there
will be a finder’s fee of $2,000 payable in connection with the private
placement by way of the issuance of 25,000 units to Canaccord Genuity
Corp.  The

Company

also announces it has granted stock options
to directors, officers, employees and consultants of the Company to buy 1,600,000
shares, exercisable at a price of $0.18 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 opportunities
for the benefit of all its stakeholders.  For more information visit the Company’s
website located at www.ashburtonventures.com.

ON BEHALF OF THE BOARD

Michael England, President


For further
information contact:

Telephone:
(604) 683-3995









Forward-Looking Statement:
Some statements in this news release contain forward-looking information that
involves inherent risk and uncertainty affecting the business of Ashburton
Ventures Inc. Actual results may differ materially from those currently
anticipated in such statements. Neither the 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 IDENTIFIES A NEW VEIN SYSTEM WITH VISIBLE GOLD SAMPLING UP TO 20 G/T AT DEEP CREEK, NEVADA

ASHBURTON IDENTIFIES A NEW VEIN SYSTEM WITH VISIBLE GOLD SAMPLING UP TO 20 G/T AT DEEP CREEK, NEVADA 150 150 Progressive Planet Inc.

December 13th, 2010, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT) (“Ashburton” or the “Company”) is pleased to announce it has identified a new vein system with visible gold on its Deep Creek Project located 112 kilometres north of Elko, Nevada. The Waterfall Vein system is located in Waterfall Canyon, roughly 700 meters south of Catscat Canyon where the Upper Vein system was previously confirmed to have gold contents as high as 1,180 grams per tonne (see news releases October 14th and 28th, 2010).

The Waterfall Vein system includes the Waterfall Vein, which strikes north-northwest with an approximate length of roughly 200 meters. Visible gold was noted in the southernmost extension of the vein, and an assay of a 2.98 kg sample of the outcrop has returned 20.5 grams per tonne gold. The ‘Thirteen-Five’ vein is 60 meters west of the Waterfall Vein with a 2.35 kg sample returning an assay of 13.5 g/t gold. True vein widths at both sample locations were roughly 0.5 meters. The veins widen to over 1.5 meters in highly silicified carbonate rocks, with two samples of mixed vein and country rock each assaying at 0.28 g/t Au.

The samples were collected as rock chip grab samples of quartz vein material in highly silicified carbonates of the Proterozoic McCoy group. Details of the samples assayed to date are summarized in the table below, and a map showing the location of the Waterfall Vein system can be viewed at .

Vein Name

Weight, kg

Au, g/t

Ag, g/t

Comments

Waterfall

2.98

20.5

15

0.5 meters wide, N25W strike with roughly 200 meters of strike length

Waterfall

3.19

0.28

<0.7

1.5 meters wide, 90 meters south of the above sample, includes silicified carbonate country rock

Thirteen-Five

2.35

13.5

not determined

0.5 meters wide, 60 meters west of the Waterfall vein, roughly north-south strike for 70 meters

Thirteen-Five

2.63

0.28

<0.7

3.0 meters wide, 50 meters south of the above sample, includes silicified carbonate country rock

“We are very excited that the gold story at Ashburton’s Deep Creek project in Nevada continues to grow. Assessment of the Waterfall Vein system is in its early stages, but so far is 200 meters long and is clearly separate from the Upper Vein system, which itself extends over 640 meters and carries high gold grades.” states Mike England, Company president. “We are very pleased that our prediction that additional gold-bearing veins would be identified at Deep Creek is becoming a reality.”

The Waterfall Vein system is at lower elevations on the property, so further sampling and mapping will be possible during the winter season.

Samples from Deep Creek have been analyzed for gold by ALS Chemex Laboratories, North Vancouver, British Columbia, using the fire assay protocols Au-AA24, Au-AA25, and Au-GRA22 that provide detection ranges of 0.005-10, 0.01-100 and 0.05-1000 ppm gold, respectively. Silver values are obtained through acid leach protocols Ag-AA64 and Ag-AA62, with detection limits of 0.07 ppm and 1-1,500 ppm silver respectively. In sampling the Waterfall Vein system, care has been undertaken to collect unbiased representative samples, but investors should note that samples containing coarse gold can have an inherent nugget effect.

The technical contents of this release were approved by Ashburton director and qualified person as defined by National Instrument 43-101, Dr. Tom McCandless, P.Geo.

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

Click here to download a PDF map outlining the location of the Waterfall Vein.

ON BEHALF OF THE BOARD
Michael England, President
For further information contact:
Telephone: (604) 683-3995

Forward-Looking Statement:
Some statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Ashburton Ventures Inc. Actual results may differ materially from those currently anticipated in such statements. Neither the 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.

PREMIER GOLD MINES TO ACQUIRE STAKE IN ASHBURTON

PREMIER GOLD MINES TO ACQUIRE STAKE IN ASHBURTON 150 150 Progressive Planet Inc.

December 9th,
2010, VANCOUVER, B.C.

– ASHBURTON VENTURES INC. (ABR-TSX:V)
(ARB-FRANKFURT)  (“Ashburton” or the
“Company”)

has
signed a letter agreement with Premier Gold Mines Ltd. (PG-TSX) whereby Premier
will participate in a private placement financing that will be completed by
Ashburton.  The majority of this
financing will fund further exploration at Ashburton’s Deep Creek gold property
located near Elko, Nevada.


Ashburton
has made several significant discoveries at Deep Creek including the Upper Vein
that has been traced over a strike length of over 640 meters with surface
sampling returning assays up to 1,180 g/t Au with width of up to over one meter
widths in some areas.  Additional
undiscovered gold-bearing veins are also indicated by a float sample of vein
material collected upslope of the Upper Vein, which assayed at 28.90 g/t gold.
The Upper Vein area represents only 10% of the Deep Creek property, much of
which has not been systematically explored since the early 1990’s.


“Ashburton is pleased to have Premier as a significant
shareholder” stated Michael England, President and CEO of the company.  “We look forward to continuing our exploration
at Deep Creek, now in collaboration with Premier’s experience and resources.  A well-funded comprehensive exploration
program is what the project deserves.”

“The
Deep Creek discovery shares similarities with the nearby Midas (Newmont) and
Hollister (Great Basin) gold mines, both being high-grade narrow vein
deposits,” stated Ewan Downie, President and CEO of Premier”.  “Our investment in Ashburton gives us a
foothold in this significantly undervalued Company and provides for Premier to
assist in implementing the next phase of exploration at Deep Creek”.


Premier will invest $600,000 in Ashburton through
the purchase of 7,500,000 units at $0.08.  The financing is to close on or about December
22, 2010.  Each unit consists of one
common share in the capital of the company and one-half a common share purchase
warrant.  Each full warrant entitles the
holder to purchase one additional share at a price of $0.13 cents per share for
a period of 18 months from the date of issuance.  An additional 2,500,000 units may be sold on a
non brokered basis with the same terms.

The
initial share purchase will result in Premier owning approximately 14 per cent
of Ashburton’s current outstanding shares.

This agreement and private
placement are subject to the acceptance for filing by the TSX Venture Exchange.

The
technical contents of this release were approved by Ashburton director and
qualified person as defined by National Instrument 43-101, Dr. Tom McCandless,
P.Geo.

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

Premier
Gold Mines Ltd., is a North American-focused exploration and development
company with multiple gold projects located in the heart of proven mining
districts in North America.

ON BEHALF OF THE BOARD

Michael England, President


For further
information contact:

Telephone:
(604) 683-3995











Forward-Looking Statement:
Some statements in this news release contain forward-looking information that
involves inherent risk and uncertainty affecting the business of Ashburton
Ventures Inc. Actual results may differ materially from those currently anticipated
in such statements. Neither the 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 RECEIVES HIGH SILVER ASSAYS FOR THE UPPER VEIN SYSTEM AT DEEP CREEK, NEVADA

ASHBURTON RECEIVES HIGH SILVER ASSAYS FOR THE UPPER VEIN SYSTEM AT DEEP CREEK, NEVADA 150 150 Progressive Planet Inc.



December 6th, 2010, VANCOUVER, B.C.



– ASHBURTON VENTURES INC.
(ABR-TSX:V) (ARB-FRANKFURT)  (“Ashburton”
or the “Company”)


is
pleased to announce high silver assays for samples taken along the Upper Vein
area of its Deep Creek Project located 112 kilometres north of Elko, Nevada. Samples
from the Upper Vein were previously reported to have gold contents as high as
1,180 g/t, with visible gold observed in several samples (see news releases dated October 5th, 14th and 28th,
2010
). Silver assays for the same samples are as high as 828 grams per
tonne silver, as shown in the table below.


UPPER VEIN AREA – NEW SILVER ASSAYS


New Ag Assays,
grams/tonne


Prior Au Assays,
grams/tonne


Sample Weight, kg


Approx. Vein Width,
meters

828

1180

1.78

<1

249

355

1.04

0.2

123.5

94.3

2.37

0.2

38.4

56.3

3.19

0.15

38.3

40.1

2.10

0.6

30.2

16.75

0.97

0.2

18.8

47.9

3.04

1

13.2

42.5

2.34

1.2

7.6

9.79

2.47

0.4

6.4

2.91

2.35

0.4

5.5

7.03

3.01

0.4

1.7

0.94

6.34

0.9


                                      

“The
high silver assays at Deep Creek add an additional, exciting component to the
economics of the project,” states Mike England, Company president. “We are very
encouraged by these high assays, and will continue to assess the silver
potential of the veins at Deep Creek as an important part of its total precious
metals package.”

Samples
from Deep Creek are prepared and analyzed for gold by ALS Chemex Laboratories,
North Vancouver,  British Columbia, using
the fire assay protocols Au-AA24, Au-AA25, and Au-GRA22 that provide detection
ranges of 0.005-10, 0.01-100 and 0.05-1000 ppm gold, respectively. Silver
assays were obtained using the aqua regia digestion protocol Ag-AA46, with a
detection range of 1-1,500 ppm silver.

The
technical contents of this release were approved by Ashburton director and
qualified person as defined by National Instrument 43-101, Dr. Tom McCandless,
P.Geo.

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

ON BEHALF OF THE BOARD

Michael England, President


For further
information contact:

Telephone:
(604) 683-3995









Forward-Looking Statement:
Some statements in this news release contain forward-looking information that
involves inherent risk and uncertainty affecting the business of Ashburton
Ventures Inc. Actual results may differ materially from those currently
anticipated in such statements. Neither the 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 EXPOSES UPPER VEIN WIDTHS OF ONE METER ASSAYING 47.9 G/T GOLD AND POTENTIAL ADDITIONAL GOLD ZONES AT DEEP CREEK, NEVADA

ASHBURTON EXPOSES UPPER VEIN WIDTHS OF ONE METER ASSAYING 47.9 G/T GOLD AND POTENTIAL ADDITIONAL GOLD ZONES AT DEEP CREEK, NEVADA 150 150 Progressive Planet Inc.



October 28, 2010, VANCOUVER, B.C.



– ASHBURTON VENTURES INC.
(ABR-TSX:V) (ARB-FRANKFURT)  (“Ashburton”
or the “Company”)


announces
further results from samples taken along the Upper Vein area of its Deep Creek
Project located 112 kilometres north of Elko, Nevada. The latest field program produced,
among other very notable results, a channel sample over one meter in width along
the furthest southern end of the Upper Vein assaying at 47.9 g/t gold which
appears to penetrate the softer clastic sedimentary units of the Paleozoic
Schoonover Formation. Numerous samples of vein material have been assayed as
shown in the table below.

This
new set of results has extended the Upper Vein southward for a total length of approximately
640 meters. The data has also revealed that the Upper Vein is actually a
network of veins occurring dominantly in the Precambrian McCoy Group
metasediments (see news release dated
October 14, 2010
), but also extending southward into Paleozoic sedimentary
rocks identified as the Schoonover Formation.

In
addition to the Upper Vein sampling, a float sample of vein material was also taken
from above the Upper Vein area which assayed at 28.90 g/t gold. This result is
particularly encouraging, as it indicates that additional gold-bearing veins
must occur above the known trace of the Upper Vein.

“We
are very excited with Ashburton’s latest set of results at its Deep Creek
project in Nevada. The fact that the Upper Vein is now over 640 meters in
length and up to one meter in width, and that the country rock surrounding it
is also carrying gold values, is extremely encouraging,” states Mike England,
Company president. “In addition, float samples of vein material with high gold
values have been confirmed above the Upper Vein, meaning an additional gold-bearing
zone, or zones, are yet to be discovered.”

Based
on the encouraging results of the Upper Vein area, a program of further
sampling, detailed structural mapping, and high resolution geophysics is
planned for the coming months, to aid in selecting targets for drilling in early
2011.

The
latest sampling program focused on obtaining assays northward for the Upper
Vein, and extending the Upper Vein southward through prospecting. The southward
prospecting identified the Upper Vein in poorly consolidated sedimentary rock
interpreted to be the Schoonover Formation. Two Upper Vein samples in the
Schoonover Formation have continuous widths of 1.0 and 1.2 meters, and gold
contents of 47.9 and 42.5 g/t Au, respectively.

Sampling
the Upper Vein northward proved to be difficult as the vein is poorly exposed
due to loose surface cover, but where possible, channel widths of 0.15 meter
were chiselled from the rock until sample weights exceeding one kilogram were
obtained. Discontinuous vein widths mostly less than one meter were assayed,
with values ranging from near detection limits up to 0.94 g/t Au.  A summary of all assay results for the Upper
Vein is provided below, and a map showing their spatial distribution can be
viewed at www.ashburtonventures.com.          

VEIN SAMPLES – UPPER VEIN AREA

Au Content, (g/t)

Sample Weight (kg)

Approx. Vein Width (m)

Latest Results

47.9

3.04

1

42.5

2.34

1.2

0.94

6.34

0.9

0.73

5.78

0.9

0.72

4.54

0.9

0.56

4.2

1.5

0.52

6.33

<1

0.35

4.4

0.5

0.09

0.67

0.5

0.05

1.57

0.5

Reported on October 14, 2010

1180

1.78

<1

355

1.04

0.2

355

1.04

0.2

94.3

2.37

0.2

56.3

3.19

0.15

40.1

2.10

0.6

16.75

0.97

0.2

9.79

2.47

0.4

7.03

3.01

0.4

2.91

2.35

0.4

Company
geologists also chiseled composite bedrock channel samples northward in the
Upper Vein, from areas roughly 0.45-0.91 meters in length and 0.1-0.2 meters in
width along lines spaced approximately 20 meters apart over a total distance of
80 meters. Visible gold was not observed during collection, but assays up to 2.30
g/t Au were obtained.

Country
rock samples were also collected along the southward extension of the Upper
Vein, including one sample in highly variable lithologies of the Schoonover
Formation that are capped by Tertiary volcanics. A composite channel sample of
these variable lithologies returned a 0.1 g/t Au result, which suggests that
enhanced gold values may extend beneath the volcanics.

A
summary of all assay results for country rock and float in the Upper Vein area is
provided below, and a map showing their spatial distribution can be viewed at

www.ashburtonventures.com.


COUNTRY ROCK AND FLOAT
– UPPER VEIN AREA


Au Content (g/t)


Sample Weight (kg)


Approx. Distance from
Vein (m)


Sample Type


Latest Results

28.90

2.81

12

Float

2.30

1.59

0.2

Country Rock

2.10

7.1

1.8

Country Rock

2.03

6.52

0.9

Country Rock

1.59

6.15

0.9

Country Rock

1.31

1.93

<1

Country Rock

0.97

4.39

2.7

Country Rock

0.89

4.74

0.9

Country Rock

0.67

4.63

3.6

Country Rock

0.35

5.4

0.9

Country Rock

0.30

3.57

0.9

Country Rock

0.14

6.7

0.9

Country Rock

0.10

3.06

14

Country Rock

0.05

4.24

0.9

Country Rock

0.05

5.65

0.9

Country Rock

0.02

5.04

0.9

Country Rock

0.02

3.45

0.9

Country Rock


Reported on October 14th,
2010

10.8

2.54

0.46

Country Rock

Samples
are prepared and analyzed for gold by ALS Chemex Laboratories, North
Vancouver,  British Columbia, using the
fire assay protocols Au-AA24, Au-AA25, and Au-GRA22 that provide detection
ranges of 0.005-10, 0.01-100 and 0.05-1000 ppm gold, respectively.

In
sampling the Upper Vein area, care has been undertaken to collect unbiased
representative samples, but samples containing coarse gold can have an inherent
nugget effect. For the most recent sampling in the Upper Vein area, samples in
which visible gold was noted or which appeared to have the potential for coarse
gold to be present, were subjected to the ALS Chemex protocol Au-SCR21. This
protocol assays the pulp and coarse fraction at a 100 micron square mesh
cutpoint to determine the total gold content of the sample. This assay approach
is considered industry best practice for samples suspected of having a coarse
gold component, and the reported results are the total gold contents using this
protocol. 

The
technical contents of this release were approved by Ashburton director and
qualified person as defined by National Instrument 43-101, Dr. Tom McCandless,
P.Geo.

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

ON BEHALF OF THE BOARD

Michael England, President


For further
information contact:

Telephone:
(604) 683-3995









Forward-Looking Statement:
Some statements in this news release contain forward-looking information that
involves inherent risk and uncertainty affecting the business of Ashburton
Ventures Inc. Actual results may differ materially from those currently
anticipated in such statements. Neither the 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 ANNOUNCES UP TO 1,180 G/T GOLD FROM ONGOING UPPER VEIN ROCK SAMPLES AT DEEP CREEK, NEVADA

ASHBURTON ANNOUNCES UP TO 1,180 G/T GOLD FROM ONGOING UPPER VEIN ROCK SAMPLES AT DEEP CREEK, NEVADA 150 150 Progressive Planet Inc.



October 14, 2010, VANCOUVER, B.C.



– ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT)  (“Ashburton” or the “Company”)

announces
further results from samples taken along the Upper Vein area of its
Deep Creek Project (see PR dated October 5, 2010) located 112 kilometres
north of Elko, Nevada. The latest bulk grab samples on the Upper Vein
have produced results of up to 1,180 g/t gold as seen in the table
below. In addition to samples taken along the main vein, a

1.5 m channel
sample of the McCoy Creek Group

of country rock perpendicular to the Upper Vein returned a value of 10.8 g/t gold. 


During
the course of this latest field program it has been determined that the
Upper Vein extends beyond the previously reported 400 meters (1,300
feet) by approximately 240 meters (800 feet) further south for a total
of approximately 640 meters (2,100 feet). In addition, quartz vein float
samples from above the Upper Vein have also been found to be bearing
visible gold and indicate that rather than being a single vein, the
Upper Vein area of Deep Creek is actually a stockwork of veins found in a
zone of limonitic quartz stockwork and breccias hosted in the
Precambrian McCoy Group metasediments.

A team of
Company geologists have also completed an additional round of bedrock
sampling along the Upper Vein area of Deep Creek. Bedrock samples were
collected as composite chips over an area measuring from 0.45 meters
(1.5 feet) to 0.91 meters (3 feet) in length and 0.15 feet (0.5 feet) to
0.30 meters (1 foot) in width along lines spaced approximately 20
meters (65 feet) apart. The sample lines, perpendicular to the strike of
the upper vein, covered a distance of approx 80 meters to the north of
the outcrop which marks the start of the Upper Vein.

Results are pending.  

Additional ground has now been staked.

In
addition to gold values, a random check for silver on one sample yielded
828 g/t Ag which has now lead the Company to begin a re-assaying
program on previous samples for further evaluation of potential silver
content.

Latest round of assays from the Upper Vein include these highlights to date:

  • 1,180 g/t gold and 828 g/t silver from a 2.37 kilogram vein chip sample
  • 355 g/t gold from a 1.04 kilogram vein chip sample
  • 16.75 g/t gold from a 0.97 kilogram vein chip sample

A summary of bulk grab samples plus one channel sample reported to date is provided below:


Metres From Southern Outcrop


Sample Weight, kg


Au content, g/t


Sample Description

0

1.04

355

vein chip sample, with visible gold

0

2.54

10.8

1.5 m channel sample of country rock perpendicular to above sample

9

1.78

1,180

vein chip sample on a splay 12 metres east of the Upper Vein

30

3.19

56.3

vein chip sample, with visible gold

34

2.37

94.3

vein chip sample, with visible gold

49

3.01

7.03

vein chip sample,  no visible gold

52

2.47

9.79

vein chip sample,  no visible gold

55

2.35

2.91

vein chip sample,  no visible gold

70

2.10

40.1

rock chip material with no visible gold

405

0.97

16.75

vein chip sample, with visible gold

Further
sampling of the Upper Vein area is underway. Investors should note that
sampling in the Upper Vein area has been undertaken with care to collect
unbiased representative samples, but samples containing coarse gold
should be considered to have an inherent nugget effect.

President
Mike England states “These recent samples further demonstrate the
significant potential of the Upper Vein area and how it could greatly
enhance what we already have in the Range Front Structure.”

The Range Front Structure

The Range
Front Structure is located roughly 450 meters west of the Upper Vein.
Drilling on the Range Front Structure will be better guided in phase 2
once all the new data obtained in a deal from Newmont Mining Corp (see
PR dated Sept 7, 2010) has been sufficiently analyzed. At that time the
Company will undertake to confirm historical drilling in which a
historical resource of 70,000 ounces of gold in 1.1 million tons, and a
historical reserve of 477,000 ounces in 7.5 million tons was estimated.
Both the reserve and resource estimates are historical, and a qualified
person has not done sufficient work to classify either the historical
reserve or the historical resource estimate as current mineral
resources, therefore these historical reserves should not be relied on
and do not have currently demonstrated economic viability.

A
location map is attached showing the rough location of the Upper Vein
area in relation to the Range Front Structure. All rock and drill core
samples are being prepared and analyzed for gold by ALS Chemex
Laboratories, North Vancouver,  British Columbia, using the fire assay
protocols AU-AA24, Au-AA25, and Au-GRA22 that provide detection ranges
of 0.005-10, 0.01-100 and 0.05-1000 ppm gold, respectively.

The
technical contents of this release were approved by Ashburton director
and qualified person as defined by National Instrument 43-101, Dr. Tom
McCandless, P.Geo.

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

ON BEHALF OF THE BOARD

Michael England, President


For further information contact:

Telephone: (604) 683-3995





Forward-Looking Statement:

Some statements in this news release contain forward-looking information
that involves inherent risk and uncertainty affecting the business of
Ashburton Ventures Inc. Actual results may differ materially from those
currently anticipated in such statements. Neither the 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 ANNOUNCES UP TO 94.3 G/T GOLD FROM UPPER VEIN ROCK SAMPLES AT DEEP CREEK, NEVADA

ASHBURTON ANNOUNCES UP TO 94.3 G/T GOLD FROM UPPER VEIN ROCK SAMPLES AT DEEP CREEK, NEVADA 150 150 Progressive Planet Inc.



October 5, 2010,
VANCOUVER, B.C.




– ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT)
 (“Ashburton” or the “Company”)


is
pleased to provide an update on its summer exploration program at the Deep
Creek Project, located 112 kilometres north of Elko, Nevada.  In addition to the summer drill program, the
Company also conducted a reconnaissance exercise on a vein system, now referred
to as the ‘Upper Vein’, located roughly  450 metres east of the Range Front Structure,
with assays returning the following highlights to date:


·        



94.3 g/t gold from a 2.37 kilogram vein
chip sample, with visible gold present;         





·        



56.3 g/t gold from a 3.19 kilogram vein
chip sample, ten metres further along the vein strike,


     with visible gold present;


·        



40.1 g/t gold from a 2.10 kilogram vein
chip sample, with visible gold present, as reported in the Company’s news
release dated September 15, 2010.


·        



9.79, 7.03, and 2.91 g/t gold sampled on
an additional three samples with no visible gold noted


The Upper Vein

The Upper Vein
is hosted in carbonate, phyllite, and slate units of the Proterozoic McCoy
Creek Group. The results of the reconnaissance exercise during the summer
program, which produced the initial rock grab sample  of 40.1 g/t gold as noted above, has lead the
Company to now focus extra efforts on the Upper Vein

. 

Sampling is still
ongoing and the Company has deployed two additional geologists to carry out the
increased sampling program. 

Subsequent
investigation of t

he Upper Vein has shown it to be striking
north-northwest with an apparent measured length of 400 metres and widths of up
to 0.6 metres in some exposures, although the vein is not continuously
exposed. 

The majority of
samples assayed to date are from the northern area and cover only approximately
10% of the total length of the Upper Vein.  Results are pending from samples currently at
the lab having been taken from both ends of the Upper Vein as well as a 1.5
meter channel sample of the McCoy Creek Group perpendicular to the Upper Vein.

A summary of
samples reported and pending to date is provided below:


Metres From Southern Outcrop


Sample Weight, kg


Au content, g/t


Sample Description

0

>1

pending

vein chip sample, with visible gold

0

>2

pending

1.5 m channel sample of country rock perpendicular to above
sample

9

>2

pending

vein chip sample on a splay 12 metres east of the Upper Vein

30

3.19

56.3

vein chip sample, with visible gold

34

2.37

94.3

vein chip sample, with visible gold

49

3.01

7.03

vein chip sample,  no
visible gold

52

2.47

9.79

vein chip sample,  no
visible gold

55

2.35

2.91

vein chip sample,  no
visible gold

70

2.10

40.1

rock chip material with visible gold

405

>2

pending

vein chip sample, with visible gold

Further
sampling of the Upper Vein area is underway to better define the distribution
of gold in both the veins and country rock. 
Investors should note that sampling in the Upper Vein area has been
undertaken to with care to collect unbiased representative samples, but samples
containing coarse gold should be considered to have an inherent nugget effect.

President
Mike England states “We are extremely encouraged
by these results and continue to believe that the Deep Creek Project is worthy
of our increased attention and efforts.  While
we continue to review the data recently acquired from Newmont
(see news
release dated September 7, 2010), it
appears that we should now consider both the Upper Vein and the Range Front
Structure in planning our future work programs. 
We now have a very exciting sampling program underway on the Upper Vein
and are optimistically awaiting results from the samples which are currently
pending at the lab.

”




The
Range Front Structure







The
other part of the summer exploration program was the five-hole drilling program
along the Range Front Structure, which has been completed for a total of 740
metres.  The core from this drilling
program has been submitted to ALS Chemex Laboratories, North Vancouver, for assay and approximately
half of the assay results have been received and reported in the Company’s news
release dated September 15, 2010.  Drilling
on the Range Front Structure was undertaken to confirm historical drilling in
which a historical resource of 70,000 ounces of gold in 1.1 million tons, and a
historical reserve of 477,000 ounces in 7.5 million tons was estimated.  Both the reserve and resource estimates are
historical, and a qualified person has not done sufficient work to classify
either the historical reserve or the historical resource estimate as current
mineral resources, therefore these historical reserves should not be relied on
and do not have currently demonstrated economic viability.  The partial assays for drill core received to
date suggest that the gold mineralization within the Range Front

S
tructure is at approximately the
same meterage intervals, with similar grades, as the historical data.

All
rock and drill core samples are being prepared and analyzed for gold by ALS
Chemex Laboratories, North Vancouver,  British
Columbia, using the fire assay protocols AU-AA24, Au-AA25, and Au-GRA22 that
provide detection ranges of 0.005-10, 0.01-100 and 0.05-1000 ppm gold, respectively.

The
technical contents of this release were approved by Ashburton director and
qualified person as defined by National Instrument 43-101, Dr. Tom McCandless,
P.Geo.

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

ON BEHALF OF THE BOARD

Michael England, President


For further
information contact:

Telephone:
(604) 683-3995









Forward-Looking Statement:
Some statements in this news release contain forward-looking information that
involves inherent risk and uncertainty affecting the business of Ashburton
Ventures Inc. Actual results may differ materially from those currently
anticipated in such statements. Neither the 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 REPORTS LITHIUM ASSAY RESULTS FROM SEDIMENT SAMPLING, TEELS MARSH NEVADA

ASHBURTON REPORTS LITHIUM ASSAY RESULTS FROM SEDIMENT SAMPLING, TEELS MARSH NEVADA 150 150 Progressive Planet Inc.



September 21, 2010, VANCOUVER,
B.C.




–
ASHBURTON VENTURES INC. (ABR-TSX:V) (“Ashburton” or the
“Company”)


is pleased to announce assay results of
playa sediment samples collected at the Teels Marsh Project, Mineral County,
Nevada, have revealed highly anomalous lithium values ranging from 55.7 to 298
parts per million (ppm).  Results show stronger values near the western and
eastern edges of the playa, possibly indicating concentration due to upwelling
brines at the contact between more permeable alluvium and less permeable playa
silts and evaporates.

The
company has an option with First Lithium Resources (MCI-TSX:V) whereby First
Lithium can earn up to an 80% interest in the Teels Marsh project (see news
release February 25, 2010
), with First Lithium as operator of the project.

Surface lithium values are consistent
with those reported by the USGS from drilling in the Clayton Valley lithium
brine field (OFR 82-415), North America’s only current producer.

Samples were collected about 0.5 meters
below the salt crust in damp to water saturated fine grained sediment.  Samples
were air dried and sieved to -80 mesh by ALS Chemex at their Winnemucca, Nevada
sample preparation facility.  The samples were analyzed by Chemex using an
Inductively Coupled Plasma – Mass Spectrometer technique following a four-acid
“near total” digestion method.

Exploration at the Teels Marsh project
is ongoing. The results of the surface sampling will assist in determining the
Company’s best course for future action.  Options include geophysical
methods to locate potential brine traps, additional geochemical methods to
identify zones of brine upwelling, and/or the drilling of a test well.

The analysis of the samples was
supervised by First Lithium’s Nevada based consulting geologist Alan J.
Morris (CPG #10550) a Qualified Person as defined by NI 43-101.  Mr. Morris has
approved the technical information contained in this report. 

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

ON BEHALF OF THE
BOARD

Michael England,
President


For further information contact:

Telephone: (604) 683-3995






Forward-Looking Statement:
Some statements in this news release contain forward-looking information that involves
inherent risk and uncertainty affecting the business of Ashburton Ventures Inc.
Actual results may differ materially from those currently anticipated in such
statements. Neither the 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.


UPDATE ON SUMMER PROGRAM AT DEEP CREEK, NEVADA

UPDATE ON SUMMER PROGRAM AT DEEP CREEK, NEVADA 150 150 Progressive Planet Inc.



September 14,
2010, VANCOUVER, B.C.




– ASHBURTON VENTURES INC. (ABR-TSX:V)
(“Ashburton” or the “Company”)


is pleased to provide
an update on its summer exploration program at the Deep Creek Project, located
112 kilometers north of Elko, Nevada. The company recently completed an
agreement with Newmont Mining Corporation (NEM-TSX),
whereby Newmont provided their historical data pertaining to the Deep Creek
Property in exchange for a 0.5% NSR (see news
release September 7, 2010
).

The new drilling
by Ashburton has confirmed that gold mineralization within the range front
structure is at approximately the same meterage intervals, with similar grades,
as the historical data. Ashburton drill hole DC-10-C-2 has been only
partially assayed but has a gold intercept of 1.03 g/t from 70-73 meters, and
drill hole DC-10-C-4 intercepted 1.46 g/t gold from 104-105 meters. The nearest
historic drill hole (M88-3C) reported an average of 3.70 g/t gold from 105-123
meters (0.11 oz/ton over 70 feet).

Additional gold intercepts in Ashburton hole
DC-10-C-4 include 3.92 g/t

from 67-69 meters
, and 2.01 g/t
from 75-76 meters.

Four holes have been drilled, with core
undergoing assay at ALS Chemex Laboratories. Less than half the core has been
assayed to date. A fifth drill hole on the range front structure is presently
being completed at the property, after which the company will halt drilling
while it receives and interprets the remaining drill core assays, and
assimilates the historical data provided by Newmont. Review of all data will be
carried out with the objective of defining mineralization on the property
according to modern-day regulations.

 

All holes were drilled at roughly 45
degrees inclination to match historic drilling, such that drill intercepts
would be roughly perpendicular to the range front structure that is the primary
host for gold mineralization. Drilling at this inclination parallels the
apparent bedding in altered sedimentary and igneous rocks adjacent to the range
front structure, meaning that all rock types are not completely sampled. As the
sedimentary and igneous rocks represent a larger, low grade gold mineralization
target (see news release March 16, 2010), drilling to focus on this
target will be included in future programs.

Prospecting along the range front
structure is also continuing upslope from the drilling activity, where recent
vein outcrop sampling generated a result of 40.1 g/t gold (1.17 oz/ton) in a
2.1 kg sample. Several veins with visible gold outcrop in this upper area, and
detailed mapping and assaying is underway to determine their thickness and
strike extent.

The Deep Creek Property consists
of claims covering over 648 hectares (1,600 acres), and is 56 kilometers
northeast of the Newmont-owned Midas mine in the prolific Carlin gold trend.
Formerly called Millionaria, Deep Creek was explored initially in the mid-1980’s,
and drilling that followed produced an estimated reserve of 477,000 ounces of
gold in 7.5 million tons, and resource of 70,000 ounces of gold in 1.1 million
tons (see news release March 11, 2010). Both the reserve and resource
estimates are historical, and a qualified person has not done sufficient work
to classify either the historical reserve or the historical resource estimate
as current mineral resources, therefore these historical reserves should not be
relied on and do not have currently demonstrated economic viability.

The technical contents of this
release were approved by Ashburton director and qualified person as defined by
National Instrument 43-101, Dr. Tom McCandless, P.Geo.

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

ON BEHALF OF THE
BOARD
Michael England,
President

For further information contact:
Telephone: (604) 683-3995

Forward-Looking Statement:
Some statements in this news release contain forward-looking information that
involves inherent risk and uncertainty affecting the business of Ashburton
Ventures Inc. Actual results may differ materially from those currently
anticipated in such statements. Neither the 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 Ventures Inc.: Newmont Provides Historical Data for Deep Creek

Ashburton Ventures Inc.: Newmont Provides Historical Data for Deep Creek 150 150 Progressive Planet Inc.






September 7,
2010, VANCOUVER, B.C.




– ASHBURTON VENTURES INC. (ABR-TSX:V)
(“Ashburton” or the “Company”)


is pleased to announce
it has completed an agreement with Newmont Mining Corporation (NEM-TSX), whereby Newmont will provide
historical data pertaining to Ashburton’s Deep Creek Property in northern
Nevada. In exchange for this provision, Newmont has a Right of First Refusal
whereby, should an offer be made by a third party to joint venture or otherwise
purchase the Deep Creek project, or the Company itself, Newmont may match that
offer. Additionally, Newmont will retain a one-half percent (0.5%) NSR at Deep
Creek in the event that a mine is put into production on the property.


                                                                                   

Formerly
called Millionaria, the Deep Creek property was explored initially by Franco-Nevada
in the mid-1980’s, when two large geochemical anomalies were found to contain
visible gold in grab samples. Drilling that followed produced an estimated
reserve of 477,000 ounces of gold in 7.5 million tons, and resource of 70,000
ounces of gold in 1.1 million tons (see
News Release March 11, 2010
). Both the reserve and resource estimates are
historical, and a qualified person has not done sufficient work to classify
either the historical reserve or the historical resource estimate as current
mineral resources, therefore these historical reserves should not be relied on
and do not have currently demonstrated economic viability.

In
its present program, Ashburton implemented the drilling of six to ten core
holes positioned as close as possible to historic drill results already in the
possession of the Company (see News
Release March 11, 2010
). The more comprehensive historical data provided by
Newmont will be reviewed along with new drilling results acquired by Ashburton
in its present program, with the objective of developing a resource model that
meets National Instrument 43-101 requirements. The Company has completed four
core holes to date, with assay results anticipated in the coming weeks.

Deep
Creek consists of contiguous claims covering roughly 648 hectares (1,600 acres)
located approximately 112 kilometers north of Elko, Nevada and 56 kilometers
northeast of the Newmont-owned Midas mine in the prolific Carlin gold trend.

The
technical contents of this release were approved by Ashburton director and
qualified person as defined by National Instrument 43-101, Dr. Tom McCandless,
P.Geo. The property has not been the subject of a National Instrument 43-101
report, and Dr. McCandless has not verified the technical data disclosed in
this release.

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

ON BEHALF OF THE BOARD

Michael England, President


For further
information contact:

Telephone:
(604) 683-3995










Forward-Looking Statement:
Some statements in this news release contain forward-looking information that
involves inherent risk and uncertainty affecting the business of Ashburton
Ventures Inc. Actual results may differ materially from those currently
anticipated in such statements. Neither the 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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