ASHBURTON APPROVES 2010 WORK PROGRAM FOR DEEP CREEK, NEVADA

ASHBURTON APPROVES 2010 WORK PROGRAM FOR DEEP CREEK, NEVADA 150 150 Progressive Planet Inc.






May 6, 2010,
VANCOUVER, B.C.




– ASHBURTON VENTURES INC.


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


has approved a 2010 work program
for its Deep Creek property located 56 kilometers northeast of the
Newmont-owned Midas mine in the Carlin gold trend in Nevada.  Further review of the historical data, in
combination with field mapping has allowed Ashburton geologists to determine
the drill collar locations where better historical gold grades were
intersected.  As part of the 2010 work
program, the company will undertake a drilling campaign to confirm the earlier
drilling results.  Based on the
historical data, further staking along the range front structure is also
underway, as is additional outcrop geochemistry.  Outcrop geochemistry performed earlier this
year identified gold contents up to 1.44 ppm Au in sedimentary rocks up to 350
meters from the range front structure (see
News Release March 16, 2010
).  Ten
additional rock outcrop samples collected east of the range front structure
confirm these earlier findings, with eight ranging from 0.006 to 0.723 ppm
(average 0.226 ppm).  The two best
outcrop samples have gold contents of 6.42 ppm (0.19 opt) and 40.1 ppm (1.17
opt).

Deep Creek, which consists of
contiguous claims covering roughly 648 hectares (1,600 acres) located
approximately 112 kilometers north of Elko, Nevada, was discovered by Franco-Nevada
in the mid 1980’s, and was the subject of sporadic exploration from that period.
Mineralization is believed to be associated with highly silicified breccias and
sinters along a prominent range front structure (see News Release December 23,
2009
).  Ashburton recently obtained
historical data from the earlier exploration period that includes a resource
estimate of 1.1 million tons containing 70,000 ounces of gold along a strike
length of  457 meters (1500 feet) and a depth of 122 meters (400 feet),
with a reserve of approximately 477,000 ounces of gold in 7.5 million tons
extending southward along the range front structure (see News Release March 11, 2010). The Company emphasizes that the resource
and reserve estimates are historical and that a qualified person has not done
sufficient work to classify either the historical estimate or the historical
reserve estimate as current mineral resources and
therefore they should not be relied upon.

To earn 100% of Deep Creek
Ashburton will make cash payments totaling $155,000 USD, issue 500,000 common
shares and spend $135,000 USD over the 4 year term. A 2.5% NSR applies with
1.5% purchasable by the Company for $2,000,000 USD.

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.  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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