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December 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.


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