Monthly Archives :

January 2010

ASHBURTON RECEIVES ENCOURAGING RESULTS ON TEELS LITHIUM PROSPECT IN NEVADA

ASHBURTON RECEIVES ENCOURAGING RESULTS ON TEELS LITHIUM PROSPECT IN NEVADA 150 150 Progressive Planet Inc.




ASHBURTON
RECEIVES ENCOURAGING RESULTS ON TEELS LITHIUM PROSPECT IN NEVADA

 



January 11, 2010, 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
Teels Marsh lithium prospect claims (see PR dated November 9, 2009), located
approximately 50 miles northwest of Chemetall Foote’s Clayton Valley lithium
brine operation in western Nevada.   

Water sampling
along the northwest margin of the Teels Marsh playa confirmed lithium anomalies
detected in previous work in surveys conducted in the 1970s.  Three follow-up samples from areas of
anomalous 1970s sampling contained 530, 540 and >1000 micrograms per liter
(ppb) Li.  Geochemical analyses were
performed by ALS-Chemex Laboratories of Reno, Nevada, and North Vancouver, BC.

The samples were
collected from springs near the edge of the playa and are interpreted to
reflect Li input into the playa from the hills to the northwest.  The hills are largely underlain by Tertiary
volcanic rocks and Cretaceous granodiorite, either of which could be source
rocks for lithium-bearing brines at depth in the playa.  

The Teels Marsh
claims cover approximately 2640 acres (1070 hectares) in the western two-thirds
of the Teels Marsh playa, a closed, desert basin. 

Teels 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 Clayton
Valley, North America’s largest lithium producer, has a similar history of salt
and borax production in the 1800s.

The Company has discussed test drilling of the Teels Marsh brines with
hydrologic consultants and prospective drill contractors and is assessing its
options on the next phase of work.

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 technical 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. 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.

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.




ASHBURTON VENTURES ANNOUNCES SECOND PHASE GROUND RESULTS ON 1,000+ METER GOLD ANOMALY AT WHITE GOLD AREA, YUKON

ASHBURTON VENTURES ANNOUNCES SECOND PHASE GROUND RESULTS ON 1,000+ METER GOLD ANOMALY AT WHITE GOLD AREA, YUKON 150 150 Progressive Planet Inc.



January
7, 2010





, VANCOUVER, B.C.



–
ASHBURTON VENTURES INC.



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


is

pleased to announce the results from the second phase
of this past summer’s soil sampling program on their 100% owned River Au
prospect in the Yukon Territory adjoining ground held by Underworld Resources
in the White Gold District.

The first phase
of the Ashburton work was completed by a crew from Aurora Geosciences out of
Whitehorse in July and August of 2009.  Reconnaissance soil lines were surveyed
across the company’s block of 21 Au claims adjacent to ground held by
Underworld and ten kilometers north-northeast of Underworld’s Golden
Saddle discovery. 

Samples
were collected every 50 meters on lines spaced 300 meters apart.  Multiple gold
soil anomalies, apparently paralleling the mapped geology, were detected on
three adjacent soil lines with analyses ranging up to 90 ppb Au.


A second phase
of soil sampling at the River Au prospect by the Aurora crew tripled the
sampling density to 50-meter centers on lines spaced 100 meters apart in the
areas of the earlier anomalies.  The in-fill sampling detected several new
anomalies ranging up to 95 and 150 ppb Au and expanded the anomalous area to
the north and south.  A trend of gold anomalies ranging from 25 to 150 ppb Au
has now been detected on most of ten parallel lines across some 1100 meters of
northerly slope.  Individual lines have gold anomalies across as much as 150
meters of sampling, suggesting that multiple structures may be responsible for
the soil anomalies.

Following a
detailed review of the latest results over the winter, a trenching program is
anticipated for the 2010 summer followed by a drilling program in the later
summer. 

Work on the
Ashburton Au claims in the White Gold District is being directed by David
Hedderly-Smith, Ph.D., P.G.  Dr. Hedderly-Smith has done work in similarly aged
rocks in east central Alaska, 100 kilometers to the northwest, off and on since
the 1970s.  He 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.









 

ASHBURTON VENTURES PREPARES TO DRILL THE RED LAKE CHUKUNI PROPERTY

ASHBURTON VENTURES PREPARES TO DRILL THE RED LAKE CHUKUNI PROPERTY 150 150 Progressive Planet Inc.





ASHBURTON VENTURES PREPARES TO DRILL THE RED LAKE
CHUKUNI PROPERTY



January 4, 2010




, VANCOUVER, B.C.



– ASHBURTON VENTURES INC.


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


is pleased to announce
that it is implementing a 1,000 meter drill program on its Chukuni Property
situated in the Red Lake Gold Camp, Ontario. The priority target is a nearly 10
meter wide shear zone which historically produced assays up to 16 g/t gold,
drilling is anticipated to begin on January 4th, 2010. Ashburton
Ventures has an option agreement with Solitaire Minerals to acquire a
60-per-cent interest in the Chukuni property.






The 2009 summer
exploration program on the Chukuni property involved an Induced Polarization (IP)
survey with follow up field work and sampling of the accessible IP anomalies.  Due to the lack of outcrop, Mobile Metal Ion
(MMI) soil surveys were carried out over five of the six best IP anomalies.  A strong IP response that is typical for gold
mineralization was obtained over the northern contact of the Howey Bay
Intrusive. Of the five sampled IP anomalies, three also returned weak to
moderate gold responses.

Drill
testing of the coincident IP and soil anomalies will commence once weather
conditions permit access.  Kluane
Drilling Ltd., Yukon,
will conduct the drilling, and is expected to mobilize onto the property in
approximately two weeks.

The
Chukuni property lies within the southern corridor of the Cochenour- Gullrock
deformation zone and is of particular interest within the Red Lake Mining
District as this zone hosts the well known Red Lake-Campbell Mine Complex.
Goldcorp’s Red Lake-Campbell Mine Complex, approximately 3.5 km to the north of
the Chukuni property, and currently one of Canada’s largest and richest Archean
gold deposits. Goldcorp’s Red Lake-Campbell Mine Complex produced 629,000
ounces of gold in 2008 (source: Goldcorp’s website at the following link
http://www.goldcorp.com/operations/red_lake_mine/
.

“We are
excited to be moving forward with our first drill program on the Chukuni
property, especially with our primary target, the northern contact of the Howey
Bay Intrusive where the strongest IP and geochemical anomalies are located.”
states President Mike England.

Mr. Andrew
Tims, P.Geo will be operating as the Company’s qualified person under National
Instrument 43-101.  Mr. Tims has reviewed
the technical content of this news release and confirms its accuracy.

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
.

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.




error: