Yearly Archives :

2016

ASHBURTON COMMENCES PHASE THREE DRILLING AT BUCKINGHAM GRAPHITE PROPERTY, QUEBEC

ASHBURTON COMMENCES PHASE THREE DRILLING AT BUCKINGHAM GRAPHITE PROPERTY, QUEBEC 150 150 Progressive Planet Inc.

December 5, 2016, VANCOUVER, B.C. ASHBURTON VENTURES INC. (TSX-V: ABR) (ARB-FRANKFURT) (“Ashburton” or the "Company”) is pleased to announce the completion of the ground-based PhiSpy geophysical survey undertaken by DD Geoscience of Ottawa, Ontario on its Buckingham Graphite property located in Southwestern Quebec. The survey’s result will allow a short and more focused drilling program (Phase III) that will help define the geometry of the graphite deposit and ultimately obtain a NI 43-101 compliant resource estimate.  

The Company also announces that the phase three drilling program has commenced and will expand on previous drilling completed in Q3, 2016.

Furthermore, Ashburton Ventures has sent an 80 kg of bulk sample of graphite-rich core material to the SGS Metallurgical Laboratory to characterize the graphite concentrate such as its mineralogical composition, flake sizes, recoverability and particle distribution and to establish a flotation procedure. 

President and chief executive officer Michael England stated: "This program will provide additional data which will be incorporated into an up to date 43-101 being written by Inlandsis Consultants of Montreal, Quebec.” 

The Buckingham graphite property consists of 18 claims in ranges VIII and IX, Buckingham Township, Quebec, which cover an area of 1,082 hectares. Exploration on the southern part of the claim group has yielded assay results as high as 21.6 per cent Cg (graphitic carbon) over 14.5 metres from channel samples and purity results up to 96.1 per cent Ct (total carbon) from large-flake fractions (see Cavan PR dated July 17, 2014 and May 28, 2015).  A first-phase drill program returned assays of 112 meters of 4.07% ( see PR dated February 11, 2016) as well as 16 meters of 11.09% Cg and 88 meters of 3.29% Cg. (see PR dated June 23, 2016).

The technical content of this news release was approved by Dr. Michel Boily, P.Geo., director of Ashburton and a qualified person as defined by National Instrument 43-101.

Ashburton Ventures Inc. is a Canadian-based junior exploration with mineral projects in Quebec, Canada and Nevada, USA. If you would like to be added the news release distribution please get in touch with us at [email protected].

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 Statements:

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 ANNOUNCES THE RESULTS OF ITS SUMMER 2016 DRILLING PROGRAM AT ITS BUCKINGHAM GRAPHITE PROPERTY THAT INCLUDES AN INTERSECTION OF 70 m @ 5.22% Cg.

ASHBURTON ANNOUNCES THE RESULTS OF ITS SUMMER 2016 DRILLING PROGRAM AT ITS BUCKINGHAM GRAPHITE PROPERTY THAT INCLUDES AN INTERSECTION OF 70 m @ 5.22% Cg. 150 150 Progressive Planet Inc.

October 18, 2016, VANCOUVER, B.C. ASHBURTON VENTURES INC. (TSX-V: ABR) (ARB-FRANKFURT) (“Ashburton” or the "Company”) announces it has completed its summer drilling campaign (Phase 2) on the Buckingham  Graphite Property located in southwestern Quebec. Seven diamond drill holes were collared to investigate the northeastern extension of the 1,500 m long, geophysical conductor of which the southwest portion was investigated during the drilling program implemented in December 2015. Three additional holes targeted a sub-parallel, 300 m-long conductor, located 300 m to the west of the main conductor. Graphite bearing formations were intersected in eight of ten holes. A total of 1937 m of drill core was extracted yielding 1066 samples that were analyzed for Cg (including the QA/QC samples).

Mineralized intersections from assay results for each diamond drill holes are summarized in the following table and the location of the DDH presented in the figure below:

Hole ID

Easting

Northing*

Azimuth (°)

Plunge (°)

Depth (m)

From (m)

To (m)

Length (m)#

Cg (wt. %)

 

 

 

 

 

 

 

 

 

 

BH16-01

460688

5054841

318

-45

200

108

129

21

2.48

 

 

 

 

 

 

146

177

32

2.22

 

 

 

 

 

 

191

200

9

2.62

 

 

 

 

 

 

 

 

 

 

BH16-02

460727

5054891

318

-45

199

69

74

5

4.45

 

 

 

 

 

 

124

149

25

3.24

 

 

 

 

 

 

 

 

 

 

BH16-03

460726

5054890

356

-45

200

87

101

14

4.33

 

 

 

 

 

 

176

200

24

6.28

including

 

 

 

 

 

177

184

7

17.90

 

 

 

 

 

 

 

 

 

 

BH16-04

460913

5055258

315

-45

200

41

49

8

2.75

 

 

 

 

 

 

94

122

28

3.88

including

 

 

 

 

 

106

116

10

5.75

 

 

 

 

 

 

 

 

 

 

BH16-05

460852

5055336

0

-45

200

29

34

5

1.63

 

 

 

 

 

 

165

170

5

1.43

 

 

 

 

 

 

 

 

 

 

BH16-06

460361

5055020

326

-45

199

2

72

70

5.18

including

 

 

 

 

 

11

25

14

12.52

 

 

 

 

 

 

 

 

 

 

Hole ID

Easting

Northing*

Azimuth (°)

Plunge (°)

Depth (m)

From (m)

To (m)

Length (m)#

Cg (wt. %)

 

 

 

 

 

 

 

 

 

 

BH16-07

460284

 5054968

 324

-45

199

 

No significant result

 

 

 

 

 

 

 

 

 

 

 

 

BH16-08

460762

5055173

164

-45

200

91

101

10

4.42

 

 

 

 

 

 

113

130

18

3.20

 

 

 

 

 

 

148

184

36

3.34

 

 

 

 

 

 

 

 

 

 

BH16-09

460327 

5054993 

 

 

141

 

No significant result

 

 

 

 

 

 

 

 

 

 

 

 

BH16-10&

460554

5054650

315

-45

199

48

79

32

2.34

 

 

 

 

 

 

 

 

 

 

* UTM coord.: NAD83, Zone 18N

             

# Apparent thickness

               

& Incomplete hole

               

Best obtained drill intersections include:

  • 70 m @ 5.18 wt. % Cg including 14m @ 12.52 wt.% Cg (BH16-06)
  • 24 m @ 6.28 wt. % Cg including 7 m @ 17.90 wt. % Cg (BH16-03), 28 m @ 3.88 wt. % Cg (BH16-04) and 25 m @ 3.24 wt. % Cg (BH16-02).
  • Other drill holes provided intersections varying from 5 to 32 m with Cg concentrations ranging from 1.63 to 4.45 wt. % Cg (see table above).

Drilling of the principal 1,500m-long geophysical conductor provided significant Cg values throughout its entire length. Hole no. BH16-05 yielded the lowest assays due to the presence of a thick late-magmatic mafic sill devoid of graphite. The diamond drill holes encountered a variety of sedimentary rock types tectonized and metamorphosed during the Grenvillian orogeny, namely paragneiss and marble. Graphite is principally of the “flake type” and occurs in impure marble or intercalated carbonate-bearing garnet- and biotite±hornblende quartzofeldspathic gneisses in concentrations varying from 1 to 25%.  Highest concentrations are usually found at the contact between marble and gneisses.  Tremolite and diopside marble and skarn, quartzite, lamprophyre dykes, gabbro and amphibolite were observed as subordinate lithologies. Concurrently with the drilling program, limited prospection and mapping led to the discovery of subcroppings of mineralized marble, notably in areas that are yet to be drilled.

These excellent results obtained by Ashburton prompted the Company to implement the next step in the exploration of the Buckingham property. This will include a ground-based geophysics survey aiming to better define the known conductors and to find additional ones coupled with a more focused drilling program that should resume shortly after the hunting season.

All technical information for the Buckingham Graphite Project is obtained and reported under formal quality assurance and quality control (QA/QC) procedures and guidelines following the C.I.M. “Best Practices Guidelines” and National Instrument 43-101 standards of disclosure. The planning, execution and monitoring of Ashburton drilling programs on the Buckingham property were conducted under the supervision of Isabelle Robillard (MSc, geo) and Michel Boily (PhD, geo, Director of Ashburton) both qualified persons as defined by the National Instrument 43-101. Isabelle Robillard has supervised the drilling program including the splitting and sampling of the core material. Ashburton has implemented a QA/QC protocol for drilling, drill core sampling and assaying. The drill core (NQ size) was logged and then selected and sampled by I. Robillard, then cut in half with a core splitter at the project site. Half of the core is retained on site for reference purposes. Sample interval was chosen as one metre. The QA/QC protocol included the insertion and monitoring of appropriate reference materials, in this case high concentration (GGC-04) and low concentration (CDN-GR-1) certified graphite standards, blanks and duplicates, to validate the accuracy and precision of the assay results. Split core samples were directly transported in sealed bags from the drill site to the SGS Laboratory in Lakefield, Ontario for Cg assaying. Sampled were weighed, dried, crushed to 75% passing 2 mm, split to 250g and pulverized to 85% passing 75 microns. C (graphitic) was analyzed after roasting, HCl leaching, combustion and IR (LECO).

President and CEO Michael England stated: "We are very pleased by the success of this second drilling phase. We have achieved our main goal: demonstrating the continuity of the mineralization along the 1.5 km long conductor that we have extended 600 m to the NE. Also, we have confirmed the second subparallel 300 m conductor is mineralized and has a strong potential.”

Location of the DDH collared by Ashburton on the Buckingham property

About the Buckingham Graphite Project

The Buckingham graphite property consists of 18 claims located in ranges VIII and IX, Buckingham Township, Quebec and covers an area of 1,082 hectares. The winter drilling program of 2015 returned assays of 4.07 wt. Cg % over 112 m (see PR dated February 11, 2016), 11.09 wt. % Cg over 16 m and 3.29 wt. % Cg over 88 m. (see PR dated June 23rd 2016).

The technical content of this news release was approved by Dr. Michel Boily, geo., director of Ashburton and a qualified person as defined by National Instrument 43-101. The Buckingham property will be submitted to a NI43-101 Technical Report to be completed within the coming months.

Ashburton Ventures Inc. is a Canadian-based junior exploration with mineral projects in Quebec, Canada and Nevada, USA. If you would like to be added the news release distribution please get in touch with us at [email protected].

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 Statements:

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 VENTURES INC.: PROGRESS REPORT ON THE CURRENT DRILLING PROGRAM AT BUCKINGHAM GRAPHITE PROPERTY, QUEBEC

ASHBURTON VENTURES INC.: PROGRESS REPORT ON THE CURRENT DRILLING PROGRAM AT BUCKINGHAM GRAPHITE PROPERTY, QUEBEC 150 150 Progressive Planet Inc.

September 1, 2016, VANCOUVER, B.C. ASHBURTON VENTURES INC. (TSX-V: ABR) (ARB-FRANKFURT) (“Ashburton” or the "Company”) is pleased to announce it has completed 6 diamond drill holes (1200 m) on its Buckingham Graphite Property located in southwestern Quebec. The first five holes tested the northeastern extension of the 1.1 km long, geophysical conductor of which the southwest portion was investigated during the drilling program implemented in December 2015. An additional hole targeted a parallel, 300 m-long conductor, located 300 m to the west of the main conductor. Graphite bearing formations were intersected in each hole.

Graphite was generally found in in impure marble-rich layers intercalated among garnet- and biotite- quartzofeldspathic gneisses. Encouraged by the success of the ongoing second phase drill program, two additional holes  are in the process of being drilled, bringing the total number of holes to eight with a cumulative of 1,600 m of core.  The drilling program will be completed by September 16th, 2016. Up until now, 711 samples were sent to SGS Lab of Lakefield, Ontario, and results are pending.

President and chief executive officer Michael England stated: "Buckingham continues to consistently deliver hole after hole, we look forward to announcing results as the drilling program continues.”

About the Buckingham Graphite Project

The Buckingham graphite property consists of 18 claims located in ranges VIII and IX, Buckingham Township, Quebec and covers an area of 1,082 hectares. Channel sampling in the SW end of the 1.1 km conductor has yielded assay results of 21.6 per cent Cg (graphitic carbon) over 14.5 m (see Cavan news releases dated July 17, 2014). The drilling program returned assays of 4.07 wt. Cg % over 112 m (see PR dated February 11, 2016),  11.09 wt. % Cg over 16 m and3.29 wt. % Cg over 88 m. (see PR dated June 23rd 2016).

The Company further announces it has received assay results from the recent exploration program at its Whabouchi property. The results from the limited exploration program contained one anomalous lithium value and management will now assess future plans for the project.

The technical content of this news release was approved by Dr. Michel Boily, geo., director of Ashburton and a qualified person as defined by National Instrument 43-101. The Buckingham property will be submitted to a NI43-101 Technical Report to be completed within the coming months.

Ashburton Ventures Inc. is a Canadian-based junior exploration with mineral projects in Quebec, Canada and Nevada, USA. If you would like to be added the news release distribution please get in touch with us at [email protected].

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 Statements:

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 CLOSED PRIVATE PLACEMENT

ASHBURTON CLOSED PRIVATE PLACEMENT 150 150 Progressive Planet Inc.

August 24, 2016, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (“Ashburton” or the “Company”) (ABR-TSX-V) announces that, further to its news releases dated May 5, 2016 and June 21, 2016, the Company has completed its non-brokered private placement of 4,600,000 units (the "Units") at a price of $0.05 per Unit for an aggregate gross proceeds of $230,000 (the "Offering").

Each Unit is comprised of one common share (a "Share") and one Share purchase warrant (a "Warrant") of the Company.  Each Warrant will entitle the holder to purchase one Share (a “Warrant Share”) at a price of $0.06 per Warrant Share until August 23, 2017.

All securities issued pursuant to the closing of the Offering are subject to a hold period expiring on December 24, 2016.

The Company did not pay finders' fees nor issue finders' warrants with respect to the Offering.

Ashburton Ventures Inc. is a Canadian-based junior exploration with mineral projects in Canada and Nevada, USA. If you would like to be added the news release distribution please get in touch with us at [email protected].

ON BEHALF OF THE BOARD

“Michael England”

Michael England, CEO and Director

FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770

Neither 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 CLOSES PRIVATE PLACEMENT

ASHBURTON CLOSES PRIVATE PLACEMENT 150 150 Progressive Planet Inc.

July 19, 2016, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (“Ashburton” or the “Company”) (ABR-TSX-V) announces that, further to its news releases dated May 2, 2016 and June 21, 2016, the Company has completed a non-brokered private placement of 3,000,000 shares (the "Shares") at a price of $0.05 per Share for aggregate gross proceeds of $150,000 (the "Offering").

The Shares issued pursuant to the closing of the Offering are subject to a hold period, 500,000 shares are subject to a hold until September 28, 2016, the balance, 2.5 million shares are subject to a hold period until November 19, 2016.

The offering did not include warrants and the Company did not pay finders' fees nor issue finders' warrants with respect to the Offering.

Ashburton Ventures Inc. is a Canadian-based junior exploration with mineral projects in Quebec, Canada and Nevada, USA. If you would like to be added the news release distribution please get in touch with us at [email protected].

ON BEHALF OF THE BOARD

“Michael England”

Michael England, CEO and Director

FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770

Neither 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 COMMENCES PROGRAM AT WHABOUCHI SOUTH CLAIMS BORDERING NEMASKA LITHIUM’S WHABOUCHI DEPOSIT

ASHBURTON COMMENCES PROGRAM AT WHABOUCHI SOUTH CLAIMS BORDERING NEMASKA LITHIUM’S WHABOUCHI DEPOSIT 150 150 Progressive Planet Inc.

July 6, 2016, VANCOUVER, B.C. ASHBURTON VENTURES INC. (TSX-V: ABR) (ARB-FRANKFURT) (“Ashburton” or the "Company”) is pleased to announce it has commenced phase 2 of the exploration program on its Whabouchi South lithium project directly adjacent and on strike with the Nemaska Lithium Whabouchi deposit.  The program will consist of geochemical sampling as well as detailed mapping to follow up on the first phase geophysical program (see PR dated May 26, 2016).

"We are excited to commence the phase 2 of our work program on our claims adjoining Nemaska Lithium’s Whabouchi deposit." stated David Gdanski, director of Ashburton Ventures. “Locating targets will be a priority to establish a near term drill program.”

Phase 2 will entail mapping and sampling of the property, with a emphasis on the NW corner of the claims which appears to be on strike with the Nemaska Lithium Deposit and is most likely to reveal Li-rich pegmatites.

The Whabouchi South property bordering Nemaska Lithium Inc.'s Whabouchi project is also on geological strike with Nemaska's Whabouchi mine, the viability of which was supported in Nemaska Lithium's feasibility report released April 4, 2016. The property is less than 1.2 kilometres south of Nemaska's planned mine site, shown to hold the world's second-largest and second-richest deposit of spodumene — the source of lithium — in the world, with 27 million tonnes of proven and probable resources, with an estimated mine lifespan of 26 years (see Nemaska press release dated April 4, 2016).

Ashburton Ventures Inc. is a Canadian-based junior exploration with mineral projects in Canada and Nevada, USA. If you would like to be added the news release distribution please get in touch with us at [email protected].

The technical contents of this release were approved by Michel Boily, PhD, 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.

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 Statements:

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 INTERSECTS 88.0 METERS AVERAGING 3.29% CG AT BUCKINGHAM PROPERTY, QUEBEC

ASHBURTON INTERSECTS 88.0 METERS AVERAGING 3.29% CG AT BUCKINGHAM PROPERTY, QUEBEC 150 150 Progressive Planet Inc.

June 23, 2016, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT)  (“Ashburton” or the "Company”) is pleased to announce new assay results from holes BH15-02, BH15-04 and BH15-05 of its ongoing drilling program on the Company’s Buckingham Graphite Project located in southern Quebec.

President and CEO Michael England states: "We are encouraged by the new assay results demonstrating the NE extension of the graphitic mineralization at depth and for at least 300 m along strike a 1,500 m TDEM geophysical anomaly at Buckingham. The property constitutes an important part of ABR's strategic acquisition of lithium and graphite assets, since graphite also enters the fabrication of lithium-ion batteries. ABR expects to further pursue its drilling campaign during the summer months".

 Drilling and Assay Results:  BH15-02, 03 and 05

Hole BH15-02 was targeting the extension at depth of a graphite mineralized trench yielding an average value of 18.16 wt. % Cg. The trench lies on a 1,500 m-long, NE-trending TDEM (Time Domain ElectroMagnetic) geophysical anomaly. The drill core revealed silicified and sulphide-bearing quartz-biotite paragneiss with rare marble and occasional pegmatite intrusions.

Hole BH15-04, reaching a depth of 200 m, intersected 16 m of disseminated, millimeter-scale flakes of graphite mineralization, hosted primarily within marble units. The hole was collared on the same site as hole BH15-03 (310°/-50°), plunged at -70° and is situated approximately 110 m southwest of BH15-01 along strike the TDEM geophysical anomaly. Hole BH15-05 was collared farther to the NE approximately 280 m from the position of hole BH15-04.

BH15-05 intersected disseminated graphite mineralization for nearly 129 m within alternating sequences of marble and quartz-biotite paragneiss accompanied by sporadic quartz veins and pegmatite dykes. Structural measurements from the drill core and the trenches situated directly above the drill holes location suggest the foliation and therefore the mineralized layers, strikes generally NE with a sub-vertical dip. The DDH coordinates and assay results are presented in Table 1 below. The assay results from the last three drill holes corroborate those obtained from two previous holes (DDH15-01and 03) which yielded Cg values of:  36 m @ 2.51 wt.% and 29 m @ 8.36 wt. % (DDH15-01) and 24 m @ 3.05 wt. % and 112 m @ 4.07 wt. % (BH15-03) (ABR Press Releases of January 26 and February 11, 2016).

Table 1. Best graphite assay results and coordinates for DDH BH15-02, 04 and 05

DDH no. Easting* Northing Azimuth (°) Plunge (°) Depth (m) From (m) To (m) Interval (m)** Cg (wt. %)
                   
DDH15-02 460575 5054700     200 113.0 116.1 3.1 3.36
            162.0 174.0 12.0 2.07
            187.7 200.0 12.3 2.86
                   
DDH15-04 460503 5054494 310 70 200 51.0 67.0 16.0 11.09
                   
DDH15-05 460618 5054751     200 68.0 81.0 13.0 2.43
                   
            109.0 197.0 88.0 3.29
          Incl. 129.0 162.0 33.0 4.94
                   

* NAD83 UTM Zone 18N
** Apparent thickness

Samples were treated at SGS Lakefield, Ontario, using method number GE/GO/GC_CS and code A05V. Graphitic carbon was determined by multistage furnace treatment and infrared detection on LECO instrumentation. Duplicates, standards and blanks were inserted at regular intervals for QA/QC purposes.

The technical content of this news release was approved by Dr. Michel Boily, P.Geo., director of Ashburton and a qualified person as defined by National Instrument 43-101. The Buckingham property will be submitted to a NI43-101 Technical Report to be completed within the coming months.

Ashburton Ventures Inc. is a Canadian-based junior exploration with mineral projects in Canada and Nevada, USA. If you would like to be added the news release distribution please get in touch with us at [email protected].

Ashburton Ventures Inc. is a Canadian-based junior exploration company actively pursuing lithium and graphite projects in Canada and Nevada, USA.

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 Statements:  

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 EXTENDS PRIVATE PLACEMENT FINANCING

ASHBURTON EXTENDS PRIVATE PLACEMENT FINANCING 150 150 Progressive Planet Inc.

June 21st, 2016, VANCOUVER, B.C.ASHBURTON VENTURES INC. (TSX-V: ABR) (ARB-FRANKFURT) (“Ashburton” or the "Company”) announces that further to its news of May 5th, 2016 it has extended, and increased, its non-brokered private placement of 3 million units ("Units") at a price of $0.05 per Unit for aggregate gross proceeds of $150,000 (the "Offering") to July 15th, 2016 and increasing the amount to 5 million units for aggregate gross proceeds of $250,000.  Each Unit will be comprised of one common share ("Share") and one Share purchase warrant of the Company ("Warrant").  Each Warrant will entitle the Subscriber to purchase one Warrant Share for a 12 month period after the Closing Date at an exercise price of $0.06 per share. Proceeds raised from the Offering will be used for general working capital and towards exploration on the Company’s Elon Lithium project directly bordering Pure Energy's (PE-TSX.V) Clayton Valley Deposit located in the Clayton Valley in the state of Nevada.

Finders' fees may be payable on the private placement, subject to the policies of the TSX Venture Exchange.

The Company also announces that, further to its news of May 2, 2016 announcing a non-brokered private placement of 3 million shares at a price of $0.05 with MMPL, it has extended the closing to July 15th, 2016.

These offerings are subject to TSX Venture Exchange acceptance.

Ashburton Ventures Inc. is a Canadian-based junior exploration with mineral projects in Canada and Nevada, USA. If you would like to be added the news release distribution please get in touch with us at [email protected].

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 Statements:

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 ANNOUNCES INCREASE OF FLOW THROUGH FINANCING

ASHBURTON ANNOUNCES INCREASE OF FLOW THROUGH FINANCING 150 150 Progressive Planet Inc.

June 8, 2016, VANCOUVER, B.C. ASHBURTON VENTURES INC. (TSX-V: ABR) (ARB-FRANKFURT) (“Ashburton” or the "Company”) announces that further to its news releases dated May 3 and May 31, 2016, it has increased its non-brokered flow through private placement of 12 million units at a price of $0.05 per unit for gross proceeds of $600,000 to 16,150,000 units at a price of $0.05 per unit for gross proceeds of $807,500 (the “Offering”).

Each unit consists of one flow through common share (the “Shares”) and one non-flow through Share purchase warrant of the Company. Each warrant will entitle the holder to acquire one Share of the Company at a price of $0.075 per Share for a period of 12 months from the date of issuance.

The Shares and warrants issued pursuant to the private placement and any Shares issued on exercise of the warrants are subject to four-month resale restriction.

 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 up to 8% of the proceeds raised by such finder as part of this Offering, (ii) a number of common shares of the Issuer that is equal up to 5% of the number of Flow Through Units placed through the finder as part of this Offering and (iii) 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 to up to 5% 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 12 months from the closing date at an exercise price of $0.075 per Finder's Warrant.

The Company has received conditional approval for the private placement from the TSX Venture Exchange.

Flow through proceeds raised will be used towards exploration on the Company’s Whabouchi South property bordering Nemaska Lithium Inc.’s Whabouchi project in the James Bay area in the Province of Quebec as well as further exploration on the Company’s Buckingham graphite property located in Buckingham Township also in the Province of Quebec.

Ashburton Ventures Inc. is a Canadian-based junior exploration with mineral projects in Canada and Nevada, USA. If you would like to be added the news release distribution please get in touch with us at [email protected].

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 Statements:

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 ANNOUNCES CLOSING OF FIRST TRANCHE OF FLOW THROUGH PRIVATE PLACEMENT OFFERING

ASHBURTON ANNOUNCES CLOSING OF FIRST TRANCHE OF FLOW THROUGH PRIVATE PLACEMENT OFFERING 150 150 Progressive Planet Inc.

May 31, 2016, VANCOUVER, B.C. ASHBURTON VENTURES INC. (TSX-V: ABR) (ARB-FRANKFURT) (“Ashburton” or the "Company”) announces that further to its news releases dated May 3, 2016, it has completed the first tranche of a non-brokered flow through private placement of 12 million units at a price of $0.05 per unit for gross proceeds of $600,000 (the “Offering”).

Each unit consists of one flow through common share (the “Shares”) and one non-flow through Share purchase warrant of the Company. Each warrant will entitle the holder to acquire one Share of the Company at a price of $0.075 per Share for a period of 12 months from the date of issuance.

Gross proceeds of the first tranche were $515,000.

The Company paid a cash commission to the finders totalling $38,800, issued 485,000 finder’s shares and issued 485,000 finder’s warrants exercisable for 12 months at $0.075.

The Shares and warrants issued pursuant to the private placement and any Shares issued on exercise of the warrants are subject to four-month resale restriction that expires on September 28, 2016.

The Company has received conditional approval for the private placement from the TSX Venture Exchange.

Flow through proceeds raised will be used towards exploration on the Company’s Whabouchi South property bordering Nemaska Lithium Inc.’s Whabouchi project in the James Bay area in the Province of Quebec as well as further exploration on the Company’s Buckingham graphite property located in Buckingham Township also in the Province of Quebec.

Ashburton Ventures Inc. is a Canadian-based junior exploration with mineral projects in Canada and Nevada, USA. If you would like to be added the news release distribution please get in touch with us at [email protected].

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 Statements:

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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