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May 2017

CANNABIS PLANTS IN ZEOLITE TEST STUDY NOW IN FLOWER

CANNABIS PLANTS IN ZEOLITE TEST STUDY NOW IN FLOWER 150 150 Progressive Planet Inc.

May 30rd, 2017, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT)  (“Ashburton” or the "Company”) is pleased to announce that scientific trials to test the effect of zeolite in cannabis cultivation have reached the flowering stage of marijuana production.

Ashburton Ventures is conducting the first known scientific trials of cannabis cultivated with zeolite and carbon. Clinoptilolite, the form of zeolite mined from Ashburton’s Z1 Quarry near Cache Creek, BC, is a volcanic mineral known to benefit a range of agricultural crops. Studies show it to increase yields by 50% to 70%, while increasing vitamin content and decreasing nitrates in fruits and vegetables. Clinoptilolite and coal are shown to enhance the production of barley. The Ashburton study was inspired by anecdotal claims of similar increases to cannabis yields and quality.

“The numbers involved in this study will be sufficient to indicate whether zeolite and carbon can affect cannabis yields,” stated biologist Albert Kasprowicz, manager of the test facility. “We’re already noticing better water retention in plants potted with zeolite.”

Initial samples of cannabis plant tissue, growth media and liquid runoff will be delivered to MB Labs on Thursday, June 1. Laboratory analysis will focus on nutrient uptake to flowers and foliage, and microbial activity in the root zone. Testing will be repeated at two-week intervals until plants are ready to harvest. Weight measurements will then explore links between zeolite and final yields. A full chemical and cannabinoid profile of the finished product will test for improvements in marijuana quality.

The study tracks cannabis plants of two strains, CBD God and Meltdown, in sets of plants grown in coco coir mixed with straight zeolite, straight carbon and blended carbon and zeolite.

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

ON BEHALF OF THE BOARD
Signed “Michael England”
Michael England, CEO

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 APPOINTS TIMOTHY HARVEY AS CHIEF OPERATING OFFICER

ASHBURTON APPOINTS TIMOTHY HARVEY AS CHIEF OPERATING OFFICER 150 150 Progressive Planet Inc.

May 23rd, 2017, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT)  (“Ashburton” or the "Company”) is pleased to announce the appointment of Timothy Harvey as its Chief Operating Officer. 

Mr. Harvey has worked for over ten years in the cannabis sector as the head of branding for BC Bud Depot, now North America’s largest marijuana seed bank.

Prior to work in the cannabis sector, Mr. Harvey led the Vancouver to Vancouver Expedition, a zero-emissions, round-the-world journey through five continents and two oceans. Mr. Harvey shared his saga as a columnist for the Vancouver Sun and as a regular guest on CBC Radio’s As It Happens. The journey included a transit by foot, balsawood raft and dug-out canoe from Colombia into Panama through the roadless Darien Jungle. His efforts were recognized with a ceremonial plaque awarded by former Mayor of Vancouver Sam Sullivan.

Mr. Harvey works from Salt Spring Island, where he has been active in agricultural organizations and with Gulf Islands Marine Rescue Society, both as a board member and executing rescue missions at sea.

Mr. Harvey holds a BA (Hons) from the University of Victoria. His journalistic work has appeared in The Globe and Mail, National Post and National Geographic Adventure. His videography has been featured on CBC’s The National.

CEO Mike England stated, “We are extremely pleased to bring Mr. Harvey’s strategic vision to the Ashburton team. We look forward to working with him to drive the success of Ashburton zeolite with the creativity and tenacity he’s known for.”

“It’s an honour to join the Company as Chief Operating Officer,” Mr. Harvey stated. “I come at a time when Ashburton has gained access to BC’s premiere zeolite resource. It is a welcome challenge to facilitate its movement to ready markets across Canada.”

Mr. Harvey continued, “We have our eye on a range of applications from animal feed to industrial filtration, but it’s zeolite’s role in cannabis cultivation that stands to raise zeolite to widespread recognition. It’s an exciting time to be involved.”

Ashburton Ventures Inc. is a Canadian-based junior exploration company focused on Canadian mineral projects in Quebec and British Columbia, Canada.  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, CEO

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 HAS SITE VISIT WITH POTENTIAL BUYERS OF ZEOLITE AT Z-1 ZEOLITE MINE NEAR CACHE CREEK, BC

ASHBURTON HAS SITE VISIT WITH POTENTIAL BUYERS OF ZEOLITE AT Z-1 ZEOLITE MINE NEAR CACHE CREEK, BC 150 150 Progressive Planet Inc.

May 16th, 2017, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT)  (“Ashburton” or the "Company”) reports on a recent site visit held at the Z-1 Zeolite Mine near Cache Creek, BC. Company management, representatives of the construction aggregate industry plus a cannabis cultivation expert from BC Bud Depot were present. Z1 Mine Operations Manager and Zeolite Industry Expert LuVerne Hogg, of ZMM Canada Minerals Corp., fielded questions on the equipment and logistics required to fill orders for various zeolite specifications.

“It was a wonderful opportunity to answer key questions for parties interested in utilizing our unique zeolite resource,” said Ashburton President David Gdanski. “We showcased the accessibility of our resource to transportation corridors.”

Mr. Hogg outlined strategies to allow further processing of zeolite to meet industry-specific needs. Machinery capable of mining and primary and secondary crushing 150 tons per hour will operate on-site seasonally to meet demand.

BC Bud Depot representative Timothy Harvey stated “I’m here for the due diligence of BC Bud Depot, which is in the process of being acquired by an LP. Having seen the Z-1 Zeolite Mine I can say for certain that we have an abundant local source of clinoptilolite zeolite that happens to be, the very best kind of zeolite for cannabis and horticulture. We’ll ask whichever LP grows our proprietary cannabis strains to use Z1 Zeolite, because it raises quality and that’s good for everyone.”

Ashburton Ventures Inc. is a Canadian-based junior exploration company focused on Canadian mineral projects in Quebec and British Columbia, Canada.  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, CEO

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.

Exploration Update – Important Zones of Spodumene (Lithium) Mineralization Confirmed at Thompson Bros Lithium Project

Exploration Update – Important Zones of Spodumene (Lithium) Mineralization Confirmed at Thompson Bros Lithium Project 150 150 Progressive Planet Inc.

May 1, 2017, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT)  (“Ashburton” or the "Company”) is pleased to announce the first six diamond drill holes have now been completed at the Thompson Bros Lithium Project in Manitoba. Four of the holes have encountered significant intervals of spodumene (lithium-bearing mineral) mineralization at downhole widths varying from 1 to 22 m and averaging 10 m (Figure 1). The intersections represent downhole widths, with the true widths not yet determined. Table 1 displays the correlation between the historical drill holes and first six holes drilled by Quantum Resources that are considered the closest approximation to “twin holes” (Figure 2).  Despite differences in azimuths and dips, the table data implies apparent spodumene-rich intersection widths and depths of the same magnitude. Assay results for the first six holes are pending. The project is financed by Quantum Resources Limited (ASX: “QUR”) who has the right to earn in up to 80% of the project.

Drill targets were selected using historic drill hole information. Quantum prepared a sequence of drill holes along a series of section lines to intersect the pegmatite at varying depths along the strike length (Figure 2). Drill holes will step out 100 metres apart along section lines spaced 100 metres apart running northwest-southeast. 

Rapidly warming conditions have led to an earlier than expected winter thaw and the Company has made the decision to suspend the current program. It is anticipated that drilling will recommence at the end of May. Quantum will be able to continue drilling the prospect in a cost-effective manner in the summer months without the use of continued helicopter support.  The target area is more accessible in the summer months due to its location near the shore of Wekusko Lake. In addition, Quantum is initiating plans for a work program to test for additional pegmatite dykes with a focus on the Thompson #5 and Sherritt-Gordon Zones which could lead to significantly larger overall tonnages.

Figure 1. Spodumene Mineralization in drill core of hole TBL-001 at Thompson Bros Lithium Project.

Figure 2. Current Drill Program with completed and scheduled holes at Thompson Bros.

Quantum Resources 2017

1956-1997

DDH #

Azimuth (°)

Dip (°)

From (m)

To (m)

Length (m)

DDH #

Azimuth (°)

Dip (°)

From (m)

To (m)

Length (m)

Li2O (wt. %)*

 

 

 

 

 

 

 

 

 

 

 

 

 

TBL-17-01

300

-45

35

47

12

102

260

-45

52.4

59.4

7.0

0.76

 

 

 

 

 

 

 

 

 

 

 

 

 

TBL-17-02

300

-45

8

9

1

111

270

-45

20.9

24.5

3.6

0.33

 

 

 

19

25

6

 

 

 

55.5

57.3

1.8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TBL-17-03

300

-45

160

182

22

124

270

-63

163.5

185.6

22.1

1.49

 

 

 

210

213

3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TBL-17-04

300

-45

33

54

21

101

260

-45

58.2

69.3

11.1

1.01

 

 

 

 

 

 

 

 

 

 

 

 

 

TBL-17-05

300

-45

140

146

6

CAR-97-1

330

-70

161.0

191.0

30.0

1.24

 

 

 

 

 

 

 

 

 

 

 

 

 

TBL-17-06

300

-45

 

No spodumene-rich pegmatite dyke intersected

 

                         
                             

Table 1. Comparison between the six Quantum Resources ‘twin holes’ related to the historical drill holes collared between 1956 to 1997. * Historical assays, non-NI43-101 compliant.

The Thompson Bros. Lithium Property is located in Wekusko Lake, 20km east of the mining community of Snow Lake, Manitoba. The lithium deposit is defined by a vertically-dipping spodumene-rich pegmatite extending 800 meters along strike.

“We are very encouraged with progress made to date on this strong lithium asset in Ashburton’s portfolio. Having this project managed and financed by our financing partner in Australia gives us the time and resources to concentrate on our Z-1 zeolite endeavours.” stated Mike England, CEO of Ashburton Ventures.

Ashburton Ventures Inc. is a Canadian-based junior exploration company focused on Canadian mineral projects in Quebec and British Columbia, Canada.  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.

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