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February 2012

ASHBURTON COMPLETES GRAVITY PROGRAM ON THE GOLDEN EDGE GOLD PROPERTY, NEVADA

ASHBURTON COMPLETES GRAVITY PROGRAM ON THE GOLDEN EDGE GOLD PROPERTY, NEVADA 150 150 Progressive Planet Inc.

February 27th, 2012, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (TSX-V:ABR) (FRANKFURT:ARB)  (“Ashburton” or the "Company”) is pleased to announce that it has completed its gravity survey of the Golden Edge property, located 50 kilometers east of Winnemucca, Nevada. A north-south structure was previously identified through review of historical gravity and magnetic data to extend onto the Golden Edge property from the Lone Tree Mine, located eight kilometers to the south and operated by Newmont Mining Corporation (see news release, January 31st, 2012). The Company engaged Magee Geophysical Services LLC (Reno, Nevada) to collect high resolution gravity data to better define the structure and depths to potential mineralization over roughly 400 gravity stations with a resolution on the order of 0.01 mGal.  The data collection phase has been completed and results will be interpreted by an independent geophysical consultant in the coming weeks.

In January 2012, a review of historical gravity data revealed a gradient extending northward from the Lonetree Mine into the property, with several possible right lateral shifts or bends indicating structural complexity. The historic CSAMT and magnetic data mapped out layered units under cover on the property that include a basalt layer of variable thickness between layers of alluvium and tuff (see news release, January 31st, 2012). An additional CSAMT survey may be required to best resolve the drill hole locations, with the line length and orientation of that survey dependent on the interpretation of the gravity results.

Golden Edge was optioned from Premier Gold Mines Limited (TSX:PG) in 2011, with Ashburton establishing a 50%-50% joint venture agreement with Premier by completing a $750,000 year-one work commitment that includes at least $500,000 directed toward drilling. An additional $2,250,000 in exploration expenditures is required over year two and three to complete the 50% interest in the property. 

Ashburton is also pleased to announce that it has engaged geologist Brion Theriault to oversee the Golden Edge project. Mr. Theriault has over 20 years of gold exploration, development and production, including two years on the Saddle Gold Project for Premier Gold Mines, and who brought the Golden Edge project to the attention of that company. Mr. Theriault is a Certified Professional Geologist and qualified person as defined by NI 43-101, and will oversee all of the technical aspects of the project.     

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 Incorporated is a Canadian-based junior exploration with active gold and base metal programs in the Yukon, Canada and Nevada, USA. For further information we invite you to visit us at www.ashburtonventures.com.

Premier Gold Mines Limited is one of North America's leading exploration companies with a high-quality portfolio of projects focused in Canada and the United States. The portfolio includes significant assets in world class gold mining districts such as Red Lake, Musselwhite and Geraldton in Ontario and the Carlin Trend in Nevada.

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 FINANCING

ASHBURTON FINANCING 150 150 Progressive Planet Inc.



February 13th, 2012,
VANCOUVER, B.C.




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


announces that it has
arranged a non-brokered private placement of 30 million units
(“Units”) at a price of $0.05 per Unit for aggregate gross proceeds
of $1,500,000 (the “Offering”). 
Each Unit will be comprised of one common share (“Share”) and
one Share purchase warrant of the Company (“Warrant”).  Each Warrant will entitle the holder to
purchase one Share (a “Warrant Share”) for a period of 24 months from
the closing date at an exercise price of $0.10 per Warrant Share.

The Company may, in its sole discretion,
pay a finders’ fee to agents of the Company consisting of: (i) a cash fee in an
amount of 10% of the proceeds raised by such finder as part of this Offering,
and (ii) a number of finder’s warrants entitling the holder thereof to purchase
that number of Shares of the Company (“Finder’s Warrant”) that is
equal up to 10% of the number of units placed through the finder as part of
this Offering.  Each Finder’s Warrant
will entitle the holder to purchase one Share for a period of 18 months from
the closing date at an exercise price of $0.10 per Finder’s Warrant.

The proceeds raised will be used
for general corporate purposes and advancing its various projects.

The private placement is subject
to the approval of the TSX Venture Exchange.

Ashburton
Ventures Incorporated is a Canadian-based junior exploration with active
mineral programs in the Yukon, Canada and Nevada,
USA.

ON BEHALF OF THE BOARD

Michael England, President


For further
information contact:

Telephone:
(604) 683-3995










 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 TO BE GRANTED OPTION BY EURASIAN MINERALS ON CATHEDRAL WELL GOLD PROPERTY, NEVADA

ASHBURTON TO BE GRANTED OPTION BY EURASIAN MINERALS ON CATHEDRAL WELL GOLD PROPERTY, NEVADA 150 150 Progressive Planet Inc.



February 9th, 2012,
VANCOUVER, B.C.




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


is pleased to announce
that Eurasian Minerals Inc. (NYSE Amex-EMXX, TSX:V-EMX) has agreed to grant, through
its wholly-owned subsidiary Bronco Creek Exploration, Inc.,  an option to Ashburton on Bronco Creek’s Cathedral
Well property.  The property is located
about 60 km southwest of Ely, Nevada, and south of the historic White Pine
Mining District and consists of 167 unpatented federal lode mining claims
(1,237 ha) on lands administered by the National Forest Service and the Bureau
of Land Management.  

Gold mineralization was
discovered in the area in 1986 by USMX, which processed 1.1M tonnes of ore with
an average grade of 2.1 g/t Au in a heap leach operation from 1988-1990 (Wilson
et al., 1991,


in

Geology and Ore Deposits
of the Great Basin, Geol. Soc. Nevada, Symposium Proceedings v.2, p. 687-700

). The production is
historical in nature and Ashburton has not verified the figures, and therefore
it should not be relied upon. Mapping and sampling by Eurasian geologists indicate
that alteration and gold mineralization extend beyond the historic workings,
onto the western claims of the Cathedral Well property.

The bulk of identified gold
mineralization and historical production in the area has been found in the
Chainman Shale, near its contact with the underlying Joana Limestone. New
mapping and sampling by Eurasian geologists led to the identification of
additional targets in the lower Chainman formation host rocks across the
property. A CSAMT survey on the western claims identified anomalies under
cover, and several vertical holes drilled late in 2010 encountered favourable
host rocks from roughly 40-300m depth before drilling was halted.

On the eastern claims, mapping
combined with soil and stream sediment sampling has also identified gold
anomalous areas with jasperoid development along the Joana-Chainman contact,
several of which have currently permitted drill holes. Additional work in the
2012 field season is focused on identifying other targets for drilling later in
the program. The Company will review geophysical and geochemical data, and new
mapping around the currently permitted drill sites, to prioritize drill-ready
targets for late 2012. 

Regionally, the Pilot Shale that
underlies the Joana Limestone has also been found to host economic gold
mineralization such as at Alligator Ridge (operated by Barrick Gold Corp.) and
the Pan project (held by Midway Gold Corp.). Locally on ground adjacent to the
property, the Pilot shale hosts mineralization in a deposit discovered, but not
mined, by USMX. The Eurasian geologists found similar alteration in the Pilot
shale on the property, leading to additional drill targets that have been
permitted for initial drill testing.

Ashburton President Michael
England states, “Cathedral Well possesses several gold-favourable lithologic
domains with the potential to host significant new discoveries. We look forward
to working with Eurasian Minerals on the property and anticipate great
results.”

Subject to execution of a formal
agreement, Ashburton may earn an initial 65% of Cathedral Well by paying Eurasian
$40,163 on signing, incurring $5 million on exploration of the property,
issuing Eurasian 1.45 million Ashburton shares over seven years and delivering
a feasibility study, together with additional cash and share payments, in year
seven of the agreement (all dollar amounts in USD).

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 Inc. (TSX:V-ABR)
is a Canadian-based junior exploration with active mineral programs in the Yukon, Canada
and Nevada, USA.

Eurasian Minerals Inc. (NYSE Amex-EMXX,
TSX:V-EMX) is a global gold and copper exploration company utilizing a
partnership business model to explore the world’s most promising and
under-explored mineral belts. Eurasian currently has project interests in ten
countries on four continents, and generates wealth via grassroots prospect generation,
strategic acquisition, royalty growth and merchant banking.

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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