ASHBURTON RECEIVES ADDITIONAL HIGH GOLD ASSAYS UP TO 148 G/T FOR THE DEEP CREEK GOLD PROJECT, NEVADA

ASHBURTON RECEIVES ADDITIONAL HIGH GOLD ASSAYS UP TO 148 G/T FOR THE DEEP CREEK GOLD PROJECT, NEVADA 150 150 Progressive Planet Inc.



January 20th, 2011, VANCOUVER, B.C.



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


is
pleased to provide additional assays for its Deep Creek Project located 112
kilometres north of Elko, Nevada. New samples from the Upper Vein have assayed
148 g/t and 68.4 g/t gold, which extend the higher gold content zone (>10
g/t Au) five meters southward along strike, for a total extent of 35 meters.
Considered with previous assays, the results indicate continuity in gold
content along select portions of both veins that will be targeted for follow-up
sampling and drilling in the 2011 exploration program. The Waterfall Vein, with
an outcrop length of over 200 meters, has returned a second assay of 25.5 g/t
Au, which with a previous assay of 20.5 g/t Au extends the higher gold content
zone to roughly three meters along strike.


Upper
Vein Area


The Upper Vein Area is located 700 meters
north of the Waterfall Vein, with a north-northwest strike length of over 640
meters. Several previous assays of the Waterfall Vein indicate a high gold
content zone (>10 g/t Au) of roughly 30 meters. Two new vein samples have
assayed at 148 g/t and 68.4 g/t gold, and extend the high gold zone five meters
southward for a total extent of 35 meters. Three samples of breccia located 375
meters north of the higher gold content zone and offset on north-south
structures assayed at 0.10-0.19 g/t Au.


Waterfall
Vein Area


The
Waterfall Vein system strikes north-northwest with an approximate length of
roughly 200 meters (see news release,
January 18th, 2011
). A previous sample of the Waterfall Vein assayed
at 20.5 grams per tonne gold over a 0.5 meter interval, and a new sample
collected three meters north along the vein has assayed at 25.5 g/t Au over a
1.5 meter width. Together, the samples define a strike length of roughly three
meters for higher gold content (>10 g/t Au) in the Waterfall Vein. Two
samples of breccia located 80 meters north and offset from the Waterfall vein
were also assayed at 0.37 and 0.44 g/t gold.

Assays
for the Upper Vein and Waterfall Vein areas are summarized in the table below,
and images of their distribution can be viewed at the Ashburton website

www.ashburtonventures.com

.


Assays from the Upper
Vein and Waterfall Vein Areas.



       


 


Au, g/t


Ag,g/t


Sample Wt. kg


Approx. Width, meters


Upper
Vein Area




New Results

 

 

 

 

vein

148

207

2.17

0.5

vein

68.4

44.1

3.18

0.5

breccia

0.10

1.4

2.71

nd

breccia

0.11

3.1

2.24

nd

breccia

0.19

<0.7

2.25

nd


Previously
Reported

 

 

 

 

vein splays

1180

828

1.78

<1

vein

355

249

1.04

0.2

vein

94.3

123.5

2.37

0.2

vein

56.3

38.4

3.19

0.15

vein

47.9

18.8

3.04

1

vein

42.5

13.2

2.34

1.2

vein

40.1

38.3

2.10

0.6

vein

16.8

30.2

0.97

0.2

vein

9.79

7.6

2.47

0.4

vein

7.03

5.5

3.01

0.4

vein

2.91

6.4

2.35

0.4

stockwork

0.94

1.7

6.34

0.9


Waterfall Vein Area



New
Results

 

 

 

 

vein

25.5

11.7

4.09

1.5

vein

0.13

0.80

3.35

0.5

breccia

0.37

<0.7

2.83

0.5

breccia

0.44

1.80

2.65

0.5


Previously
Reported

 

 

 

 

vein

20.5

15

2.98

0.5

vein

13.5

na

2.35

0.5

vein+CR

0.28

<0.7

3.19

1.5


NOTE:

Where possible, samples were chiseled from exposures to their
contact with country rock, and along strike to obtain a sample weight
exceeding 1.5 kg.  na = not analyzed.
nd = not determined. CR = country rock

 

The
technical contents of this release were approved by Dr. Tom McCandless, P.Geo.,
Vice President, Exploration for Ashburton and a qualified person as defined by
National Instrument 43-101.

Ashburton
Ventures is a junior exploration company actively seeking mineral opportunities
for the benefit of all its stakeholders.

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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