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January 2016

ASHBURTON REPORTS FIRST ROUND OF ASSAY RESULTS FROM BUCKINGHAM: 76.1 METRES OF GRAPHITE MINERALIZATION INCLUDING 8.0 METRES OF 17.7% CG FROM BH15-01

ASHBURTON REPORTS FIRST ROUND OF ASSAY RESULTS FROM BUCKINGHAM: 76.1 METRES OF GRAPHITE MINERALIZATION INCLUDING 8.0 METRES OF 17.7% CG FROM BH15-01 150 150 Progressive Planet Inc.

January 26th, 2016, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT)  (“Ashburton” or the "Company”) is pleased to announce assay results from the first hole, BH15-01, from its recent drilling program at its Buckingham Graphite Project in southern Quebec.

Hole BH15-01, which targeted a broad, 1,500-metre long, northeast-trending geophysical anomaly encountered a total of 76.1 metres of disseminated graphite mineralization, hosted primarily within marble units, and reached a total depth of 209 metres. Hole information and assay results are summarized in Tables 1 & 2 and the Drilling Summary section below.

Table 1. Drill Hole Location Data

Hole ID

Easting

Northing

Azimuth

Dip

Total Depth (m)

BH15-01

460539

5054590

310

-50.0

209.0

Coordinate system: NAD83 UTM Zone 18N

 

Table 2. Summary of Significant Assay Data

Hole ID

From (m)

To (m)

Interval Length (m)

Graphitic Carbon (Cg) %

BH15-01

3.7

15.0

11.3

1.81

 

 

 

 

 

BH15-01

70.0

106.0

36.0

2.51

including

73.0

85.7

12.7

4.16

 

 

 

 

 

BH15-01

175.0

203.8

28.8

8.36

including

185.0

193.0

8.0

17.7

President and CEO Michael England states, “We are pleased to see that the mineralized intervals our team identified in early December from visual inspection of core match up extremely well with our current assay results. We hope that subsequent results from the remaining four holes of the program (including BH15-03 which was reported to contain 148 metres of mineralization (1)) correlate equally as well. Based on this hole and purity tests yielding values as high as 96.1% Ct in large flake fractions (2), we are witnessing an exciting story beginning to unfold.”

Drilling Summary: BH15-01

Lithologies encountered in BH15-01 consist dominantly of intercalated quartzofeldspathic paragneiss and generally graphite-bearing coarse-textured marble units. Minor pegmatite intrusions were encountered, notably in the lowermost 5 metres of the hole.

Graphite mineralization within BH15-01 is hosted dominantly within coarse, pebbly-textured marble units and occurs as disseminated, millimetre-scale flakes. The hole also encountered a small amount of vein-hosted graphite within a narrow pegmatite interval at the bottom of the hole, indicating the presence of vein graphite in the area. Note that in December 2015, a 30-metre wide outcrop with lump-vein graphite hosted in fractures assaying up to 68.0% Cg was discovered approximately 300 metres north of the drilling area (see ABR release, December 22, 2015).

Based on structural measurements taken from the drill core and from trenches directly above the drill hole, it is inferred that the foliation (and therefore, the mineralized layers) displays a general northeast strike and a roughly sub-vertical dip. This correlates very closely with the anomalous trend identified by the TDEM (time-domain electromagnetic) survey conducted on the property, which trends roughly northeast (~035°).

The structural picture of the mineralized zone will be expanded upon further as the Company analyzes the logging data in conjunction with assay results from the remaining four holes. The Company will release updates on this development in upcoming releases.

Cross sections and maps will be available on the Ashburton website. See link below for details:

http://www.ashburtonventures.com/?page=project&id=1003

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 contents of this release were approved by Mr. Case Lewis, P.Geo., director of Ashburton and a qualified person as defined by National Instrument 43-101.

(1) See Ashburton Ventures release dated December 14, 2015.

(2) See Cavan Ventures Inc. release dated May 28, 2015.

About the Buckingham Graphite Project

The Buckingham Graphite Project consists of 28 claims located in Ranges VIII and IX, Buckingham Township, Quebec and covers an area of 1,683 hectares. The property is located 1.7 kilometers north of the historic, producing Walker Graphite Mine. Helicopter-borne magnetic and time-domain electromagnetic surveys located a historic conductor, and further resolved a parallel 300 meter-long conductor (see Cavan release, September 24, 2013). Historic airborne electromagnetic surveys have also identified additional conductors over a large portion of the Buckingham Graphite Project.

Purity tests on the property have yielded values as high as 96.1% Ct (total carbon) from large flake fractions from simple flotation without the need for further upgrading (see Cavan Ventures Inc. release May 28, 2015).

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 COMPLETION OF FIRST WORK PROGRAM ON CLAYTON VALLEY LITHIUM CLAIMS BORDERING PURE ENERGY IN NEVADA

ASHBURTON ANNOUNCES COMPLETION OF FIRST WORK PROGRAM ON CLAYTON VALLEY LITHIUM CLAIMS BORDERING PURE ENERGY IN NEVADA 150 150 Progressive Planet Inc.

January 21st, 2016, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT)  (“Ashburton” or the "Company”) announces it has completed an initial examination of the Elon Lithium Property in Clayton Valley, Nevada.  A geological crew conducted surface sediment sampling, collecting a series of samples from ten 3 m deep holes distributed across the property.  The crew noted that a drill rig is completing a hole approximately 800 m east of the southeast corner of the property on adjoining ground held by Pure Energy Ltd. Samples will be sent to ALS Minerals in Reno, Nevada, results will be announced once received. 

“Completing the first work program on Elon as our neighbor’s drill so close to our boundary indicates to us we are in the right neighborhood and we eagerly look forward to our initial results.” stated Michael England, CEO of Ashburton Ventures. 

Assay results from the recently completed drill program on the Buckingham graphite project in Quebec are expected to arrive in the near term and will be press released once interpreted. 

Roger Hulstein, B.Sc., P.Geo., a member of the Association of Professional Engineers and Geoscientists of British Columbia, is a Qualified Person as defined by National Instrument 43-101, and is responsible for the accuracy of the technical information in this press release.

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

If you would like to be added the news release distribution please send an email to [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 FIRST WORK PROGRAM ON CLAYTON VALLEY LITHIUM CLAIMS BORDERING PURE ENERGY IN NEVADA

ASHBURTON ANNOUNCES FIRST WORK PROGRAM ON CLAYTON VALLEY LITHIUM CLAIMS BORDERING PURE ENERGY IN NEVADA 150 150 Progressive Planet Inc.

January 14th, 2016, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT)  (“Ashburton” or the "Company”) announces a geochemical sampling program on its Elon Lithium project directly bordering Pure Energy's (PE–TSX.V) Clayton Valley Deposit is set to commence in the coming weeks. The work will be performed by Aurora Geosciences Ltd.

"We are excited to commence work on our claims adjoining, and some now surrounded by, Pure Energy’s Clayton Valley South project in Nevada.” states Michael England President & CEO of Ashburton.

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

If you would like to be added the news release distribution please send an email to [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 COMPLETES FIRST PHASE OF DRILLING AT BUCKINGHAM

ASHBURTON COMPLETES FIRST PHASE OF DRILLING AT BUCKINGHAM 150 150 Progressive Planet Inc.

January 11th, 2016, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT)  (“Ashburton” or the "Company”) announces it has completed the first phase of drilling at its Buckingham Graphite Project in southern Quebec which consisted of five (5) holes totaling approximately 1,033 metres.

The five completed drill holes were aimed at testing targets generated by a combination of electromagnetic anomalies revealed by a TDEM (time-domain electromagnetic) survey and high-grade graphitic showings identified in trenches, which returned grades as high as 21.6% Cg (graphitic carbon) over 14.5 metres in channel samples (see Cavan Ventures Inc. release, July 17, 2014).

Holes BH15-04 and BH15-05, which were completed in late December, exhibit similar visual graphite mineralization as observed in the first three completed holes (BH15-01, -02, and -03).

Core samples have been shipped to SGS Canada Inc. in Lakefield, Ontario. The Company expects the first round of assays to be completed shortly and will release results as they are received.

President and CEO Michael England states, “Based on the visuals of the first five holes at Buckingham the Company is very encouraged and we look forward to receiving assay results soon.”

Purity tests on the property have yielded values as high as 96.1% Ct (total carbon) from large flake fractions (see Cavan Ventures Inc. release May 28, 2015).

About the Buckingham Graphite Project

The Buckingham Graphite Project consists of 28 claims located in Ranges VIII and IX, Buckingham Township, Quebec and covers an area of 1,683 hectares. The property is located 1.7 kilometers north of the historic, producing Walker Graphite Mine. Helicopter-borne magnetic and time-domain electromagnetic surveys located a historic conductor, and further resolved a second parallel conductor to a length of 300 meters (see Cavan release, September 24, 2013). Historic airborne electromagnetic surveys have identified additional conductors striking over a large portion of the Buckingham Graphite Project.

The technical contents of this release were approved by Mr. Case Lewis, 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 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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