September 21, 2010, VANCOUVER,
ASHBURTON VENTURES INC. (ABR-TSX:V) (â€œAshburtonâ€ or the
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.
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 Americaâ€™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
â€œnear totalâ€ digestion method.
Exploration at the Teels Marsh project
is ongoing. The results of the surface sampling will assist in determining the
Companyâ€™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 Lithiumâ€™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.
Ventures is a junior exploration company actively seeking mineral opportunities
for the benefit of all its stakeholders. For more information visit the
Companyâ€™s website located at
ON BEHALF OF THE
For further information contact:
Telephone: (604) 683-3995
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.