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October 2013

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.

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