Yearly Archives :

2013

ASHBURTON SELLS PAGE CLAIMS

ASHBURTON SELLS PAGE CLAIMS 150 150 Progressive Planet Inc.

December 20th, 2013, VANCOUVER, B.C.ASHBURTON VENTURES INC. (TSX-V: ABR) (ARB-FRANKFURT)  (“Ashburton” or the "Company”) announces that it has sold its 16 mineral claim Page property located in the Porcupine district, Ontario to Weststar Resources Corp.

In consideration for the property, the company will receive 600,000 common shares of Westar Resources Corp. This agreement is subject to approval of the TSX Venture Exchange. Finders' fees may be payable subject to exchange guidelines.

The Company further announces it will no longer be proceeding with the option agreement for the Golden Edge Property in Nevada (see PR dated January 13, 2012).

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

ON BEHALF OF THE BOARD

Signed “Kyler Hardy”                                             
Kyler Hardy, President
FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-683-3995; Toll Free: 1-888-945-4770; www.ashburtonventures.com

Forward-Looking Statement:
Some of the 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 AMENDS FINANCING

ASHBURTON AMENDS FINANCING 150 150 Progressive Planet Inc.

December 13th, 2013, VANCOUVER, B.C.ASHBURTON VENTURES INC. (TSX-V: ABR) (ARB-FRANKFURT)  (“Ashburton” or the "Company”) announces that, further to its news release dated December 2, 2013,  the Company has amended the terms of its non-brokered private placement.  The original offering of 5 million units ("Units") at a price of $0.05 per Unit for aggregate gross proceeds of $250,000 (the "Offering") is being amended to an offering of 2.5 million units (“NFT Units”) at a price of $0.05 per NFT Unit for aggregate gross proceeds of $125,000 (the “NFT Offering”).  Each NFT Unit will be comprised of one non-flow-through common share ("Share") and one Share purchase warrant of the Company ("Warrant").  Each Warrant will entitle the subscriber to purchase one Share (a "Warrant Share") for a 24 month period after the closing date, at an exercise price of $0.075 per Warrant Share for the first 12 months after the closing date and thereafter, at an exercise price of $0.10 for the next 12 months, subject to the Acceleration (defined below).

The Company may, in its sole discretion but only in the event that the average trading price of the Shares on the TSX Venture Exchange has been $0.15 per Share or greater for a period of 10 consecutive days, accelerate the expiry period of the Warrant by providing written notice of such acceleration by way of news release (the "Acceleration Notice"), such that the exercise period of the Warrant will expire on that day which is 30 days from date of the Company's Acceleration Notice (the "Acceleration").

Additionally, the Company announces that it has arranged a non-brokered private placement of 2.5 million flow-through units (" FT Units") at a price of $0.05 per FT Unit for aggregate gross proceeds of $125,000 (the "FT Offering").  Each FT Unit will be comprised of one flow-through Share and one Warrant.  Each Warrant will entitle the subscriber to purchase one Warrant Share for a 24 month period after the closing date, at an exercise price of $0.075 per share for the first 12 months after the closing date and thereafter, at an exercise price of $0.10 for the next 12 months, subject to the Acceleration.

The Company may, at 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 the NFT Offering and FT 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 the NFT Offering and FT 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 from the NFT Offering will be used for general corporate purposes and advancing its various projects.  The proceeds raised from the FT Offering will be used for qualifying expenditures on the Company's properties.

 

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

 

ON BEHALF OF THE BOARD

Signed “Kyler Hardy”                                             
Kyler Hardy, President
FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-683-3995; Toll Free: 1-888-945-4770; www.ashburtonventures.com

Forward-Looking Statement:
Some of the 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.

December 2nd, 2013, VANCOUVER, B.C.ASHBURTON VENTURES INC. (TSX-V: ABR) (ARB-FRANKFURT)  (“Ashburton” or the "Company”) announces that it has arranged a non-brokered private placement of 5 million units ("Units") at a price of $0.05 per Unit for aggregate gross proceeds of $250,000 (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 12 months from the closing date at an exercise price of $0.10 per Warrant Share. The warrants issued with the units sold will be subject to an acceleration provision. After four months have elapsed from closing, if Ashburton trades at $0.15 for 10 consecutive days, the Company has the option to provide notice to the warrant holders that their warrants will expire if they are not exercised within 30 days. 

The Company may, at 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.

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

ON BEHALF OF THE BOARD

Signed “Kyler Hardy”                                             
Kyler Hardy, President
FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-683-3995; Toll Free: 1-888-945-4770; www.ashburtonventures.com

Forward-Looking Statement:
Some of the 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 SIGNS AGREEMENT FOR A THIRD PGM PROPERTY IN THE YUKON WITH HIGH Pt+Pd+Au HISTORIC GRAB SAMPLE ASSAYS

ASHBURTON SIGNS AGREEMENT FOR A THIRD PGM PROPERTY IN THE YUKON WITH HIGH Pt+Pd+Au HISTORIC GRAB SAMPLE ASSAYS 150 150 Progressive Planet Inc.

November 26th, 2013, VANCOUVER, B.C.ASHBURTON VENTURES INC. (TSX-V: ABR) (ARB-FRANKFURT)  (“Ashburton” or the "Company”) is pleased to announce that it has entered into an option agreement to acquire the Spy platinum group metal (PGM) claim group, located 270 kilometers northwest of Whitehorse in the Kluane Ultramafic Belt. The Spy Project includes the Spy ultramafic sill, with a lithology that is similar to the Wellgreen Polymetallic Deposit located 85 kilometers to the northwest. The Wellgreen Deposit is under advanced assessment by Prophecy Platinum (TSX-V: NKL) with an Indicated Resource of 14.4 Mt at 2.23 g/t Pt+Pd+Au, 0.68% Ni and 0.62% Cu, and an Inferred Resource of 446.6 Mt at 0.87 g/t Pt+Pd+Au, 0.31% Ni and 0.25% Cu at a 0.22% NiEq cut-off (see Prophecy Platinum news release, June 18, 2012). The ultramafic Spy Sill is 75 to 100 meters thick and has a northwest strike length of six kilometers, with assays from historic grab samples ranging from 0.02-75.8 g/t Pt, 0.13-23.0 g/t Pd and 0.07-19.8 g/t Au. Note that grab samples are selective and unlikely to represent average values of the deposit.

Ashburton President Kyler Hardy states, “The Spy claims represent our latest in a series of strategic acquisitions with high PGM potential in the Yukon. The Spy is particularly exciting, with ultramafic rocks running over six kilometers in length and PGM mineralization established over much of that length. The Company is designing a program to establish the full extent of the mineralization at surface, with geophysics to identify targets for drilling at depth. Knowledge gained from this program will greatly improve our potential for new discoveries at Spy, as well as at the Catalyst and Ultra Projects that are also located in the Kluane Ultramafic Belt not far from Wellgreen.”

To acquire a 100% stake in the project, Ashburton will issue 350,000 common shares over four years. A royalty interest of 3% may be reduced to 1% by purchasing two percent for $1,000,000.

About the Spy Project:

The Spy Project is a polymetallic-PGM occurrence that consists of 60 contiguous claims covering 1,250 hectares and is located 70 kilometers (km) northwest of Haines Junction. The claims run roughly parallel to the Alaska Highway that is seven kilometers to the northeast. The project is in the Kluane Ultramafic Belt, a 600km-long belt of rocks that hosts a number of magmatic PGM-Ni-Cu occurrences, from northern British Columbia through the Yukon and into Alaska. Clastic sedimentary rocks and limestone of the Hasen Creek Formation are exposed along the northeastern portion of the property, and are intruded by late Triassic and possibly older mafic to ultramafic sills including the Spy Sill. The 75-100m thick Spy Sill intrudes Hasen Creek siltstone for a minimum of 6 km along a northwest strike, and dips to the southwest. The central portion of the sill consists of peridotite, with gabbro at the top and at the base. Mineralization varies from disseminations to massive sulphide lenses (up to 2.0 x 0.25m) with associated PGM in the basal marginal gabbro phase and its contact with the Hasen Creek siltstone. Assays from historic grab samples of massive sulphide lenses range from 0.11-3.1 g/t Pt, 0.13-1.7 g/t Pd, and 0.02-2.0 g/t Au in the basal gabbro, and 0.31-75.8 g/t Pt, 0.54-23.0 g/t Pd and 0.06-19.8 g/t Au in the footwall siltstone. Mineralization occurs discontinuously over a strike length of 3.6 km along the base of the 6 km long Spy Sill, with a more continuous zone of massive and disseminated PGE, Ni and Cu mineralization over 950m of strike length (Morgan, T. 2008. Prospecting and geochemical report on the 2008 Spy project. Yukon Dept. of Energy, Mines and Resources, Yukon Mining Incentive Program, YEIP 2008-025, 21p.; Bell, C. 1996. Report on 1995 geological and geochemical surveys on the Klu property. Yukon Dept. of Energy, Mines and Resources, Assessment Report #093371, 244p.).

The technical contents of this release were approved by Dr. Tom E. McCandless, P. Geo., a director of Ashburton and a qualified person as defined by National Instrument 43-101. The property has not been the subject of a National Instrument 43-101 report, and Dr. McCandless has not verified the technical data disclosed in this release.

The Company also notes that in its news release of November 14, 2013, announcing the option agreement for the Ultra PGM claim group, a description of the terms of the agreement was not complete. In addition to making cash payments totaling $85,000 over five years, issuing 450,000 common shares over two years and incurring $500,000 in exploration expenditures over four years, the company may also purchase back one percent of a 2% royalty for $1,000,000.

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

ON BEHALF OF THE BOARD

Signed “Kyler Hardy”
Kyler Hardy, President
FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-683-3995; Toll Free: 1-888-945-4770; www.ashburtonventures.com

Forward-Looking Statement:
Some of the 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 SIGNS AGREEMENT FOR ULTRA PGM PROPERTY LOCATED SOUTHEAST OF THE WELLGREEN PROJECT, YUKON

ASHBURTON SIGNS AGREEMENT FOR ULTRA PGM PROPERTY LOCATED SOUTHEAST OF THE WELLGREEN PROJECT, YUKON 150 150 Progressive Planet Inc.

November 14th, 2013, VANCOUVER, B.C.ASHBURTON VENTURES INC. (TSX-V: ABR) (ARB-FRANKFURT)  (“Ashburton” or the "Company”) is pleased to announce that it has entered into a Option Agreement to acquire the Ultra platinum group metal (PGM) claim group, located in the Yukon 250 kilometers west of Whitehorse. The Ultra Project lies in the Kluane Ultramafic Belt, with lithologies similar to the Wellgreen Polymetallic Deposit, located 85 kilometers to the northwest. The Wellgreen Deposit is under advanced assessment by Prophecy Platinum (TSX-V: NKL) with an Indicated Resource of 14.4 Mt at 2.23 g/t Pt+Pd+Au, 0.68% Ni and 0.62% Cu, and an Inferred Resource of 446.6 Mt at 0.87 g/t Pt+Pd+Au, 0.31% Ni and 0.25% Cu at a 0.22% NiEq cut-off (see Prophecy Platinum news release, June 18, 2012).

Ashburton President Kyler Hardy states, “The Ultra claims are the Company’s latest acquisition in an emerging PGM district. As with the Catalyst Project that was acquired only three weeks ago, Ultra lies within a belt of ultramafic rocks that have a high potential for PGM mineralization. Additionally, the Company now has the in-house expertise in both Yukon exploration and PGM mineralization to move both projects toward significant discovery.”

To acquire a 100% stake in the project, Ashburton will make cash payments totaling $85,000 over five years, issue 450,000 common shares over two years and incur $500,000 in exploration expenditures over four years.

About the Ultra Project:

The Ultra Project is a polymetallic-PGM occurrence with contiguous claims covering 8,650 hectares, located 42 kilometers (km) northwest of Haines Junction. The project is in the Kluane Ultramafic Belt, a 600km-long belt of rocks characterized by mafic to ultramafic Triassic-aged sills intruded into Carboniferous to Triassic sedimentary and volcanic rocks. The Kluane ultramafic suite hosts a number of magmatic PGM-Ni-Cu occurrences from Northern British Columbia, through Yukon and into Alaska. At Ultra, a portion of the Frohberg PGM-Ni-Cu showing was trenched in 2002 and returned 5.54 g/t Pt, 13.46 g/t Pd, 4.07% Cu and 1.73% Ni over 0.5 meters. Numerous ultramafic occurrences elsewhere on the property are yet to be assessed for PGM-Ni-Cu potential. The Ultra Project also includes the Telluride volcanogenic massive sulphide (VMS) showing, which is visible from the air and can be traced on the property for six kilometers along strike to the southeast. The showing itself contains values of 3.23% Cu, 6.75% Zn, 17.8 g/t Ag, and 0.15 g/t Au over four meters. Since 1956, exploration on the Ultra Project has involved approximately 440 meters of drilling in eight holes on a VMS showing (1955-56, three core holes totaling 108m that failed to reach target depths; 1961-62, two churn drill holes totaling 116m that intersected minor native copper, and 1970, three core drill holes totaling 216m that intersected coal and marcasite). The ground has also been explored through hand trenching, rock, soil and silt geochemistry, a 1977 airborne electromagnetic survey, a 2004 airborne magnetics and electromagnetic survey, a ground magnetic and electromagnetic survey, and mapping (Pautler, J. 2012, Geological and geochemical assessment report on the Ultra Project, Whitehorse Mining District, Yukon, 47p.).

The technical contents of this release were approved by Dr. Tom E. McCandless, P. Geo., a director of Ashburton and a qualified person as defined by National Instrument 43-101. The property has not been the subject of a National Instrument 43-101 report, and Dr. McCandless has not verified the technical data disclosed in this release.

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

ON BEHALF OF THE BOARD

Signed “Kyler Hardy”                                             
Kyler Hardy, President
FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-683-3995; Toll Free: 1-888-945-4770; www.ashburtonventures.com

Forward-Looking Statement:
Some of the 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 REPORTS POSITIVE RADON SURVEY AND BOULDER ASSAY RESULTS FROM SIENNA WEST URANIUM PROPERTY, WESTERN SASKATCHEWAN

ASHBURTON REPORTS POSITIVE RADON SURVEY AND BOULDER ASSAY RESULTS FROM SIENNA WEST URANIUM PROPERTY, WESTERN SASKATCHEWAN 150 150 Progressive Planet Inc.

November 4th, 2013, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (TSX-V: ABR) (ARB-FRANKFURT) (“Ashburton” or the "Company”) is pleased to announce the results for phase-one exploration of its 100%-owned Sienna West Property, located roughly 40 kilometers southwest of the Alpha Minerals Inc. (TSX-V: AMW) and Fission Uranium Corp. (TSX-V: FIS) Patterson Lake South discovery. Through an alliance with Alpha-Track Uranium Services (see Ashburton news release, June 10, 2013), radon detector cups were deployed across the property, and three areas have been identified on the property that merit follow-up surveys. Twelve radioactive boulders were also analyzed for uranium (see news release September 16, 2013) and two reported 12.4 and 184.5 ppm U, with the latter in an area where high radon counts were also detected.

CEO and Director Michael England states, “The positive results we have obtained in this early stage of exploration at Sienna West are very encouraging. The property sits well away from the activity at Patterson Lake South, but is already showing signs of a potential new area play. The Company is presently assessing its plans for Sienna West as we enter into the winter season.”

Boulder samples were analyzed for uranium at ALS Minerals (North Vancouver, B.C.) using protocol ME-MS61. Radon cups were placed across the property in reconnaissance fashion to assess as much area as possible, with each cup buried to a minimum depth of 50 centimetres. Thirty-five cups were buried for at least 30 days prior to retrieval for analysis (eight cups were subsequently dug up by local wildlife and collected no data). Results for the remaining 27 cups are normalized to 30 days exposure time and reported as tracks per square millimetre (T/mm2), with an average of 53.9 T/mm2. Sample points for the southern portion of the property were contoured using an interval of 20 T/mm2, revealing two anomalous areas, with the southernmost anomaly roughly 600m north of a lake that reported 3.9 ppm U in a government lake sediment survey (see Geological Survey of Canada Open File Report 1642, 1988, 100p.).

A third anomalous area occurs in the far north of the property, where the highest radon measurement of 111 T/mm2 occurs in the same area as the boulder sample with the highest U content (184.5 ppm U). This is the area where the greatest number of cups was lost to wildlife, and as such no contouring of data was possible. This far north area as well as the two anomalous areas to the south merit gridded radon surveys as follow-up to these early results.

About the Sienna Uranium Project

The Sienna Uranium Project covers over 1,090 hectares at Sienna West, and also includes the 147-hectare Sienna North Property that is contiguous with the northern boundary of the Patterson Lake South Project that is presently under advanced exploration by Alpha Minerals Inc. and Fission Uranium Corp. (see news release, March 14, 2013).  On the Sienna West Property, historic Geological Survey of Canada lake sediment samples collected from two lakes in the southern part of the property range from 3.9-7.69 ppm uranium, ranking these samples in the top 98th percentile of 909 samples collected over roughly 16,000 km2 of northwestern Saskatchewan (Geological Survey of Canada Open File Report 1642, 1988, 100p.). Reconnaissance radon cup surveys recently completed by the Company also indicate anomalous radioactivity for this portion of the Sienna West Property.

The technical contents of this release were approved by Marvin A. Mitchell, P. Eng., a qualified person as defined by National Instrument 43-101. The property has not been the subject of a National Instrument 43-101 report, and Mr. Mitchell has not verified the technical data disclosed in this release.

The Company also announces the resignation of Phil Taneda as a Director of Ashburton Ventures, and would like to thank Mr. Taneda for his contributions and wish him well in his future endeavours.

Ashburton Ventures is a junior exploration company actively seeking mineral and energy 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 of the 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 APPOINTS NEW BOARD MEMBERS

ASHBURTON APPOINTS NEW BOARD MEMBERS 150 150 Progressive Planet Inc.

October 29th, 2013, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (TSX-V: ABR) (ARB-FRANKFURT) (“Ashburton” or the "Company”) is pleased to announce the appointments of Mr. Kyler Hardy, Mr. Bill Harris and Mr. Stephen Pearce to its Board of Directors. Effective immediately, Mr. Hardy will also be assuming the role of President of Ashburton Ventures.

Kyler Hardy is a successful entrepreneur and has been involved in the mining industry for over eleven years.  He has extensive experience building companies from early stage start-ups to advanced operating companies.  He is a founder and former CEO of UTM Exploration Services Ltd. (a turnkey mineral exploration and management firm specializing in early-stage contract exploration) employing over 120 people across Canada and Africa.  Mr. Hardy is experienced in project generation, exploration management, project and company planning, raising capital, corporate development and developing strategic partnerships and alliances.

Bill Harris is a second generation prospector and miner, born and raised in the Yukon.  He has been working in the Yukon all of his life, and gained prospecting experience from his father, a well-known Yukon prospector. He is the founder of Northern Freegold Resources Ltd. (TSX-V: NFR), with several significant gold-copper-silver deposits at Freegold Mountain in the Yukon. Mr. Harris’s experience ranges from project generation through acquisition, exploration management, permitting, and mining of both placer and small hard rock mine projects in the Americas. He has conducted exploration and mining programs involving up to 350 employees plus multiple contractors.  Bill was recognized as the Yukon Prospector’s Association’s prospector of the year in 1994

Stephen Pearce is an independent corporate and securities lawyer in Vancouver, B.C. He advises and is a director of several private and public companies. Mr. Pearce has an honours degree in economics from York University, and a law degree from the University of British Columbia.

Mike England, Ashburton CEO states, “We are very pleased with the addition of Mr. Hardy, Harris and Pearce to our Board. They bring significant strength to the Company, in both their breadth and depth of experience. Their addition is in keeping with our recent acquisition of significant assets in the Yukon, and we look forward to combining their talents with our own in-house expertise.”                                                                              

The Company further announces the resignations from the Board of Marvin Mitchell and Seung Oh. Mrs. Oh will remain as the Company’s CFO while Mr. Mitchell will remain with the Company as a technical advisor.

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

ON BEHALF OF THE BOARD

Kyler Hardy, President

For further information contact:

Telephone: (604) 683-3995

Forward-Looking Statement:
Some of the 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 PURCHASES YUKON PROPERTIES FROM CARIBOU KING RESOURCES

ASHBURTON PURCHASES YUKON PROPERTIES FROM CARIBOU KING RESOURCES 150 150 Progressive Planet Inc.

October 24th, 2013, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (TSX-V: ABR) (ARB-FRANKFURT) (“Ashburton” or the "Company”) is pleased to announce that it has acquired the Corky North and Vault East properties from Caribou King Resources (“Caribou”) (TSX-V: CKR). In consideration for the acquisition, Caribou will issue 750,000 common shares to Caribou, subject to TSX approval.

The properties total 9,540 hectares and have been acquired as part of the Company’s focus on platinum group element (PGE) exploration in the region. They are southeast of, and adjacent to the Prophecy Platinum (TSX-V: NKL) Wellgreen Deposit. Wellgreen is currently the third largest undeveloped platinum group metal (PGM) resource outside southern Africa or Russia, with 7 million ounces of PGM+Au (see Prophecy Platinum Corporate Overview, October 2013, 45p.). The Company recently signed a letter of intent with Denali Resources Ltd., a privately-held company, for the Donjek-Arch claims, consisting of 6,770 hectares that are northwest of, and contiguous with the Wellgreen project (see news release, October 22, 2013).

Ashburton Ventures is a junior exploration company actively seeking mineral and energy 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 of the 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 SIGNS LETTER OF INTENT WITH DENALI FOR DONJEK-ARCH CLAIMS ADJACENT TO WELLGREEN PGE PROJECT, YUKON

ASHBURTON SIGNS LETTER OF INTENT WITH DENALI FOR DONJEK-ARCH CLAIMS ADJACENT TO WELLGREEN PGE PROJECT, YUKON 150 150 Progressive Planet Inc.

October 22nd, 2013, VANCOUVER, B.C.ASHBURTON VENTURES INC. (TSX-V: ABR) (ARB-FRANKFURT)  (“Ashburton” or the "Company”) is pleased to announce that it has entered into a Letter of Intent (LOI) with Denali Resources Ltd. (“Denali”; a private British Columbia company) to acquire the Donjek-Arch claim group, located in the Yukon, 260 kilometers west of Whitehorse. The claims are adjacent to and east of the Prophecy Platinum (TSX-V: NKL) Wellgreen Deposit, which has an Indicated Resource of 14.4 Mt at 0.68% Ni, 0.62% Cu, and 2.23 g/t Pt+Pd+Au grade, and an Inferred Resource of 446.6 Mt at 0.31% Ni, 0.25% Cu, and 0.87 g/t Pt+Pd+Au grade at a 0.22% NiEq cut-off (see Prophecy Platinum news release, June 18, 2012). For a 100% stake in the project, Ashburton will issue seven million common shares of the Company to Denali over three years. 

President and CEO Michael England states, “The Donjek-Arch claims are a significant acquisition that will allow Ashburton to apply its technical expertise to an emerging platinum group element district. The Company is also very excited to have access to Denali’s technical team, who have been exploring in the Kluane area, Yukon for over 40 years and have an in-depth understanding of the geological potential and the social aspects of the region. We are looking forward to combining our efforts to advance the Donjek-Arch claims, especially given their strategic proximity to the Wellgreen Ni-Cu-PGM project.”

About the Donjek-Arch Project:

The Donjek-Arch Project consists of 325 contiguous claims covering 6,770 hectares, and is located 40 kilometers (km) northwest of Burwash Landing and only 15km south of the Alaska Highway along the Donjek River. The project is in the Kluane Ultramafic Belt, a 600km-long belt of rocks characterized by mafic to ultramafic Triassic-aged sills intruded into Carboniferous to Triassic sedimentary and volcanic rocks. The Donjek claims are dominantly to the east, and Arch claims are dominantly to the west of the Donjek River.

The Donjek claims were first staked on strongly anomalous aeromagnetic highs. In 2004, inversions of Geological Survey of Canada magnetic data determined that these anomalies are consistent with what would be expected from ultramafic rocks. Additional smaller magnetic highs are interpreted to be potentially a fault-bounded slice of ultramafic rock. A historic ground VLF-EM survey over the one of magnetic highs located an open-ended northwest trending conductor. Airborne geophysics completed in 1996 identified a well-defined resistivity low associated with a strong magnetic high and several moderately broad conductors. Geological mapping and sampling in 2001 identified pyritic mafic and ultramafic rocks, including peridotite and gabbro, underlying the claims. Five rock samples returned values as high as 424 ppm Cu; 4 ppb Pt, 247 ppm Cr, 681 ppm Ni and 18 ppb Au. 

The Arch claims cover a nickel-copper-PGE showing, hosted by Triassic mafic to ultramafic sills of the Kluane Suite, intruding the Carboniferous Station Creek Formation. Also on the Arch claims is a showing with interstitial and disseminated pyrite, chalcopyrite±pentlandite in two 15m wide gabbroic bodies with an adjacent stockwork zones into older volcanic rocks that reported historic values of 0.20% Ni and 0.55% Cu with 0.15 g/t Au. A second showing one kilometer further to the south has disseminated pyrite, magnetite and pyrrhotite hosted in altered carbonate adjacent to a variably serpentinized peridotite sill, which returned 0.11 g/t Pt, 0.11 g/t Pd, 0.16% Ni, 0.07% Cu and 0.14 g/t Au over two meters. Additional historic magnetic and VLF anomalies are present on the property that require follow-up prospecting and sampling (from Yukon Geological Survey Minfile Nos. 115G-026, -033, and -088, Assessment Report Nos. 094396, 093662, 017513, 092578, 092575, 092744, 094253, 094250, 094466, 094217, 017459).

An aggressive 2013 exploration program that included both ground geophysics and geochemical sampling campaigns was recently completed by Denali. Details of the program and the resulting data will be released in the coming weeks, once all results have been received and interpreted.  

The technical contents of this release were approved by Dr. Tom E. McCandless, P. Geo., a director of Ashburton and a qualified person as defined by National Instrument 43-101. The property has not been the subject of a National Instrument 43-101 report, and Dr. McCandless has not verified the technical data disclosed in this release.

The Company also announces the resignation of Lorne McCarthy as a Director of Ashburton Ventures and would like to thank Mr. McCarthy for his contributions and wish him well in his future endeavours.

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

ON BEHALF OF THE BOARD

Signed “Michael England”                                             
Michael England, President
FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-683-3995; Toll Free: 1-888-945-4770; www.ashburtonventures.com

Forward-Looking Statement:
Some of the 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 REPORTS ADDITIONAL RADIOACTIVE BOULDERS FROM SIENNA WEST URANIUM PROJECT, WESTERN SASKATCHEWAN

ASHBURTON REPORTS ADDITIONAL RADIOACTIVE BOULDERS FROM SIENNA WEST URANIUM PROJECT, WESTERN SASKATCHEWAN 150 150 Progressive Planet Inc.

September 16th, 2013, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (TSX-V: ABR) (ARB-FRANKFURT) (“Ashburton” or the "Company”) is pleased to announce the field radiation results for radioactive boulders from its 100%-owned Sienna West claims, located roughly 40 kilometers southwest of the Alpha Minerals Inc. (TSX-V: AMW) and Fission Uranium Corp. (TSX-V: FIS) Patterson Lake South discovery. Twelve boulders encountered during the program measured over 300 counts per second (cps) with some measuring 1,500 to 1,800 cps as measured on a hand-held radiation detector (RS-125 Super-Spec, Radiation Solutions Inc.). Scintillometer readings are not directly or uniformly related to the uranium content of the rock sample measured, and should be used only as a preliminary indication of the presence of radioactive materials. The boulders are subrounded, range from 25-120 cm in diameter, and include argillite, feldspathic gneiss, and granite. The boulder lithologies are similar to those reported by Alpha Minerals Inc. (TSX-V: AMW) and Fission Uranium Corp. (TSX-V: FIS) in the early stages of the Patterson Lake South uranium discovery (see Alpha Minerals news release, December 14, 2011). The boulders have been submitted for assay with results expected in the coming weeks. The Sienna West program also included the placement of 40 radon detector cups distributed across the property, which will be retrieved for radon analysis in thirty days.

The Sienna West claims cover 1,090 hectares and are part of the Sienna Uranium Project that also includes a 147 hectare claim contiguous with the northern boundary of the Patterson Lake South Project that is presently under advanced exploration by Alpha Minerals Inc. and Fission Uranium Corp. (see news release, March 14, 2013).  Historic Geological Survey of Canada lake sediment samples collected from two lakes at Sienna West range from 3.9-7.69 ppm uranium, ranking these samples in the top 98th percentile of 909 samples collected over roughly 16,000 km2 of northwestern Saskatchewan (Geological Survey of Canada Open File Report 1642, 1988, 100p.). The lakes are separated by two kilometers and suggest that the elevated uranium values are not an isolated occurrence.

Through an alliance with Alpha-Track Uranium Services (see Ashburton news release, June 10, 2013), forty radon detector cups were deployed across the property. The cups will be retrieved in thirty days and shipped to the lab for analysis. Radon surveys and uraninite boulders were an integral part of identifying uranium mineralization at the Alpha Minerals Inc. and Fission Uranium Corp. Patterson Lake South discovery (see Alpha Minerals news release, May 6, 2013).

The technical contents of this release were approved by Paul D. Gray, P. Geo., a qualified person as defined by National Instrument 43-101. The property has not been the subject of a National Instrument 43-101 report, and Mr. Gray has not verified the technical data disclosed in this release.

The Company also announces the resignation of Tom E. McCandless as Vice President, Exploration for Ashburton Ventures. Dr. McCandless will be pursuing other interests, but will continue to serve in the capacity of Technical Advisor to the Company.

Ashburton Ventures is a junior exploration company actively seeking mineral and energy 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 of the 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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