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March 2010

ASHBURTON ANNOUNCES FINANCING

ASHBURTON ANNOUNCES FINANCING 150 150 Progressive Planet Inc.

Ashburton Ventures Inc. has arranged a non-brokered private
placement of up to 10 million units at a price of six cents per unit
for gross proceeds of up to $600,000.

Each unit consists of one common share in the capital of the
company and one common share purchase warrant. Each warrant entitles the
holder to purchase one additional share at a price of 10 cents per
share for a period of 24 months from the date of issuance.

Finders’ fees may be payable on this financing.

The private placement is subject to the acceptance for filing by
the TSX Venture Exchange.

The proceeds from the private placement will be used toward work
programs and for general working capital.

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


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 POSITIVE GEOCHEMISTRY FOR THE DEEP CREEK GOLD PROJECT, NEVADA

ASHBURTON RECEIVES POSITIVE GEOCHEMISTRY FOR THE DEEP CREEK GOLD PROJECT, NEVADA 150 150 Progressive Planet Inc.






March 16, 2010, VANCOUVER,
B.C.




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


has
received positive results for its first phase of geologic mapping and sampling
at the Deep Creek property, which encompasses 324 hectares (800 acres) located
approximately 112 kilometers north of Elko, Nevada and 56 kilometers northeast of
the Newmont-owned Midas mine in the Independence segment of the prolific Carlin
gold trend.  

Gold at Deep Creek was first
discovered by Franco-Nevada in the mid 1980’s, when two large geochemical anomalies
were identified. As described in a previous news release, mineralization is
believed to be associated with highly silicified breccias and sinters along a
prominent range front structure (Ashburton News Release December 23, 2009).

In the present program, rock
samples were collected along the range-front structure from hydrothermal veins,
breccias, and sinters, and from the older sedimentary rocks that host them. A
total of 46 float and outcrop samples were collected along a strike length of
roughly 2.4 kilometers (1.5 miles), with the objective of sampling the
lithologic variations observed along the range front structure. Gold was
assayed for all samples at ALS Chemex (North
Vancouver) using the AA-24 method, with a detection
limit of 0.005 ppm Au. Gold contents range from 0.01-8.58 ppm for breccias (10
samples), 0.01-4.24 ppm for stockwork/veins (15 samples), and 0.02-3.07 ppm for
sinters (5 samples). Sedimentary rocks collected up to 350 meters from the
range front structure include argillite, quartzite, limestone, and shale (17
samples), with gold from below detection up to 1.44 ppm Au.

The results are encouraging as
they demonstrate that gold is enhanced in both the hydrothermal features along
the range front structure, and in the sedimentary rocks hosting the structure.

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 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












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 OBTAINS HISTORICAL DATA AND INCREASES ITS LAND POSITION AT THE DEEP CREEK GOLD PROJECT, NEVADA

ASHBURTON OBTAINS HISTORICAL DATA AND INCREASES ITS LAND POSITION AT THE DEEP CREEK GOLD PROJECT, NEVADA 150 150 Progressive Planet Inc.



March 11, 2010, VANCOUVER, B.C.



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


has obtained
historical data which includes a resource estimate report compiled in the late
1980’s on behalf of Corona Corporation based on drilling data on the Deep
Creek property. The resource estimate of 1.1 million tons containing 1.7 grams
(0.06 ounces) per ton of gold (70,000 ounces Au) was determined along a strike
length of  457 meters (1500 feet) and a depth of 122 meters (400 feet).
Reserves from the same report included approximately 477,000 ounces of gold in
7.5 million tons extending southward from the present property position. The
company has expanded its property position southward to include this reserve
estimate, which will increase to approximately 648 hectares (1,600 acres) the
total land position for the Deep Creek property.  

A surface program is currently
underway at Deep Creek with results expected in the near future.

The Company emphasizes that both
the resource and reserve estimates are

historical,
and a qualified person has not done sufficient work to classify either the
historical estimate or the historical reserve 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. 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 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







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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