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August 2017

ASHBURTON ZEOLITE ELEVATES MARIJUANA POTENCY IN STUDY OF CANNABIS GROWN WITH ZEOLITE

ASHBURTON ZEOLITE ELEVATES MARIJUANA POTENCY IN STUDY OF CANNABIS GROWN WITH ZEOLITE 150 150 Progressive Planet Inc.

August 29th, 2017, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT)  (“Ashburton” or the "Company”) is pleased to announce the discovery of a positive correlation between Z-1 Zeolite and cannabinoid production in six out of six categories detected and measured in the Meltdown marijuana strain, as recorded in a recent analysis conducted by MB Labs, a Health Canada certified cannabis laboratory.

In the case of all cannabinoids detected, total potency increased as levels of Z-1 zeolite enrichment increased. Zeolite used in Ashburton’s study of cannabis grown with zeolite was sourced from the Z-1 Zeolite Quarry near Cache Creek, BC, jointly operated by Ashburton Ventures and ZMM Minerals Canada Corp.

Cannabinoid analysis was conducted using UV light detection with ultra-high pressure liquid chromatography. According to Analytics Chemist Rene Bilodeau, MB Labs applies “extremely sensitive technologies to obtain the most precise and accurate measurements possible.”

Biologist and cultivation research manager Albert Kasprowicz stated, “This data set validates our study, as it illustrates a meaningful elevation of cannabinoid yields – a doubling of medicinal potency – in plants influenced by zeolite. Cannabis cultivators are farmers of cannabinoids, so these findings are momentous.”

The Meltdown strain is known for relatively low THC levels, higher levels of non-psychoactive Cannabidoil (CBD), and a broad spectrum of minor medicinal cannabinoids. Liquid chromatography preserves cannabinoids in their precursor acid form, which when subjected to heat, converts to a non-acid cannabinoid at .877 of the original molecular weight (e.g. 1% THC-A = .877% THC).

Highlights of the liquid chromatography analysis include the following divergences in cannabinoid production between plants grown in Z-1 Zeolite-enriched substrate and those grown in the control substrate of unamended coconut husk fibre:

  • a 2.1-fold increase in Delta 9 Tetrahydrocannabinol Acid (THC-A), from 2.99% THC-A in control marijuana, to 6.29% THC-A in marijuana grown with Z-1 Zeolite enrichment; 
     
  • a 2.07-fold increase in Cannabidiol-Acid (CBD-A), from 3.85% CBD-A in control marijuana, to 7.99% CBD-A in marijuana grown with Z-1 Zeolite enrichment;    
     
  • a 2.37-fold increase in Cannabichromene Acid (CBC-A), from .19% CBC-A in control marijuana, to .45% CBC-A in marijuana grown with Z-1 Zeolite enrichment;    
     
  • a 2.06-fold increase in Cannabigerol Acid (CBG-A), from .16% CBG-A in control marijuana, to .33% CBG-A in marijuana grown with Z-1 Zeolite enrichment; 
     
  • a 1.79-fold increase in Cannabidivarin Acid (CBDV-A), from .014% CBDV-A in control marijuana, to .025% CBDV-A in marijuana grown with Z-1 Zeolite enrichment, and      
     
  • a 2.26-fold increase in Tetrahydrocannabivarin Acid (THCV-A), from .015% THCV-A in control marijuana, to .035% THCV-A in marijuana grown with Z-1 Zeolite enrichment.

In the case of all detected cannabinoids, potency rose steadily as levels of zeolite enrichment increased through three increments.

In the case of zeolite blended with carbon (ZMM T-Carbon), potency for most cannabinoids peaked at medium levels of enrichment and then declined, revealing an approximate level of optimal enrichment. The data suggests that ZMM T-Carbon makes Z-1 Zeolite more efficient by allowing for near-peak cannabinoid production with a lower input of Z-1 Zeolite. With the exception of CBG, overall cannabinoid potency remained lower than levels reached with high applications of only Z-1 Zeolite.

Kasprowicz is currently analyzing MB Labs data including soil and liquid runoff samples to extrapolate mechanisms of action prior to designing a follow-up study.

Ashburton Chief Operating Officer Timothy Harvey stated, “We’re extremely pleased with the key findings of our study. Not only did the cannabinoid output of the Meltdown strain approximately double with the addition of Z-1 Zeolite, but this effect is coupled with a 7% increase in the total dry weight of marijuana harvested, as previously reported. These results indicate that Z-1 Zeolite adds significant value to cannabis cultivation enterprises.”

Graphed results of the MB Labs cannabinoid analysis from dried marijuana samples of the Meltdown strain are posted on Ashburton’s website at http://www.ashburtonventures.com/news/lab-results.png.

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 DRILLS 11.6 METRES 1.37 WT. % LI20 AT THOMPSON BROS. LITHIUM PROJECT, SNOW LAKE, MANITOBA

ASHBURTON DRILLS 11.6 METRES 1.37 WT. % LI20 AT THOMPSON BROS. LITHIUM PROJECT, SNOW LAKE, MANITOBA 150 150 Progressive Planet Inc.

August 23rd, 2017, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT)  (“Ashburton” or the "Company”) is pleased to provide the following positive drill results from the Thompson Bros Lithium Project (“the Project”) in Manitoba, Canada located approximately 5 km from Far Resources (FAT-TSX:V)  “Zoro” project, where 2017 drilling yielded comparable figures. Assays have been received for two out of six drill holes.

Highlights:

  • Hole TBL001: from 35.4 to 47 metres (11.6 metre interval) of 1.37 wt. % Li2O
  • Hole TBL002 from 19 to 24.4 metres (5.43 metre interval) of 1.55 wt. % Li2O
  • Early results support the historical data

Six drill holes were completed at the Thompson Bros Lithium Project in Manitoba of which five encountered significant intervals of spodumene (lithium-bearing mineral) mineralization at downhole widths that are comparable or exceed those encountered from historical drill programs.

Hole One TBL17-001: 35.4 – 47 metres (11.6 metre interval returned a weighted average assay of 1.37% Li2O), is located near historic hole 102 (the hole ended in pegmatite due to unstable conditions), which intersected further pegmatite from 52.4 to 59.4 metres (7.0 metre interval).

Hole Two TBL17-002: 8.5 – 9.34 metres and 19 – 24.4 metres (two intervals, 0.84 metres and 5.43 metres returned weighted average assays of 0.53 wt. % and 1.55 wt. % Li2O respectively), is located near historic hole 111 which also encountered two intervals: 20.9 to 24.5 metre (3.6 m interval) and 55.5 to 57.3 metre (1.8 metre interval).

CEO Mike England stated “The first two holes have shown a strong correlation with existing historic drill data and have returned excellent grade at relatively near surface intersections. We are eager to see the remaining four drill hole assays and look forward to reporting results.”

The project is financed by Quantum Resources Limited (ASX: “QUR”) who has the right to earn in up to 80% of the project.

The technical contents of this release were approved by Michel Boily, PhD, P.Geo a Qualified Person as defined by National Instrument 43-101.

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 COMPLETES PHASE 3, SUBMITS CANNABIS FLOWERS TO MB LABS, AWAITS FINAL RESULTS OF CANNABIS-ZEOLITE STUDY

ASHBURTON COMPLETES PHASE 3, SUBMITS CANNABIS FLOWERS TO MB LABS, AWAITS FINAL RESULTS OF CANNABIS-ZEOLITE STUDY 150 150 Progressive Planet Inc.

August 9th, 2017, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT)  (“Ashburton” or the "Company”) is pleased to announce that dried marijuana samples have arrived at MB Labs in Sidney, BC, a cannabis analytics laboratory certified by Health Canada. Analysis of the marijuana pertains to the third and final phase of Ashburton’s study which will measure chemical elements and medically-active compounds in the flowers of cannabis grown in zeolite and zeolite-carbon blends.

Phase Three is designed to indicate whether cannabis grown with zeolite from the Z1 Zeolite Quarry near Cache Creek, BC, produces a higher quality of cannabis than that grown in the absence of zeolite or zeolite-carbon blends. Lab results are expected by mid-August. In addition, total plant yields of dried cannabis will be weighed to determine whether zeolite and carbon can increase overall marijuana production.

Results from Phase Two of the study are still pending. A second Phase One data set from liquid runoff analysis has arrived from MB Labs and has been submitted to biologist and master grower Albert Kasprowicz for interpretation. News of these results is imminent.

Kasprowicz previously stated that these results could be a “game changer” for cannabis cultivation, should the second data set confirm the initial results that revealed trends of an unexpected magnitude. He noted a sharp reduction in fungal and bacterial pathogens coupled with a high retention of key nutrients in the root zone of plants potted with zeolite and zeolite-carbon blends. Kasprowicz suggested that these factors inevitably correlate to higher plant health and productivity.

MB Labs is currently conducting Phase Two chemical analysis of soil and leaf tissue. Results are scheduled for release in the coming weeks. A chemical profile of both soil and leaf tissue will reveal potential nutrient uptake trends. Of special interest is the effect of zeolite and carbon on the bioavailability of ionic elements to cannabis.

 “Having monitored this study with close attention, we have reason to be believe the data could reveal distinct advantages to growing cannabis with Z-1 zeolite and T-Carbon,” stated Tim Harvey, Chief Operations Officer of Ashburton Ventures.

Harvey continued, “For the greenhouse facility operators, visible differences – a lusher canopy where zeolite had been applied, for example – were a factor in their decision to order 20 tons of our premium Z-1 zeolite. They also took note of immense labour savings due to zeolite’s water-retention capacity. There is no longer any question that zeolite offers benefits to marijuana cultivators. The question remaining is whether it helps the end customer as well. Customers demand quality, and the quality of marijuana is exactly what the lab analysis of dried flowers will explore. We’ll soon know if yields, efficiency and quality are all positively impacted by growing cannabis with Z-1 zeolite and carbon.”

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.

MINING ACTIVITIES RESUME AT THE Z-1 ZEOLITE QUARRY

MINING ACTIVITIES RESUME AT THE Z-1 ZEOLITE QUARRY 150 150 Progressive Planet Inc.

August 3rd, 2017, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT)  (“Ashburton” or the "Company”) is pleased to announce that the evacuation order at the Z-1 Zeolite Quarry has been rescinded. Quarry operator ZMM Canada Minerals Corp. has recommenced mining processing activities at the Z-1 Zeolite Quarry.

On July 8, 2017, the property located three kilometers NE of Cache Creek, BC, was placed under an evacuation order due to the Elephant Hill fire. There was no fire on the property and no damage to any of the equipment, Quarry or stockpiled zeolite.

Crews will remove 15,000 cubic yards of overburden to improve site access. Prior work on the property involved extracting approximately 9000 tons of zeolite which was crushed and placed in a stockpile. Crews will open the stockpile to check for moisture content and spread the pile as necessary for rapid dehydration. Crushing will then reduce the 3/4 minus zeolite to a 1/4 minus particle size. 1/4 minus zeolite has a maximum diameter of 1/4 inch but contains a range of particle sizes down to fine fractions.

The zeolite will be loaded into one-ton bulk bags and stacked in a location protected from the elements, ready to be trucked directly to customers, to distribution hubs or for further processing and packaging at an off-site location.

LuVerne Hogg, Operations Manager of the Z-1 Quarry jointly operated by Ashburton and ZMM Minerals Canada Corp, stated “The point of this work is to get us to where we can sell and deliver products. Operations will be twelve hours a day, six days a week until the entire stockpile of zeolite is crushed and bagged. We estimate that this phase of operations will be completed by the end of August.”

Ashburton President David Gdanski stated, “We are extremely pleased to have crews back at work in a safe environment. This is a historic moment for the Z-1 Quarry as we approach making our products widely available. This work also brings Ashburton a significant step closer to earning a 100% undivided ownership interest in the mineral claims of the Z-1 Quarry according to the terms of the January 23rd Option Agreement between ZMM and ABR.”

Gdanski added, “We continue to monitor the wildfire situation in the BC Interior. We at Ashburton extend our deepest sympathies to families and workers impacted by the fires.”

The technical contents of this release were approved by LuVerne E.W. Hogg, a Qualified Person as defined by National Instrument 43-101. The properties have not been the subject of a National Instrument 43-101 report.

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

Cautionary Note:

The Company cautions that the project does not contain a current resource or reserve. In addition, the Company advises that its decision to commence mining processing activities on the project is not based on a feasibility study. The Company further cautions that production decisions not supported by a feasibility study have increased uncertainty and higher risks of technical failure and there is no certainty that the project will be found to be economic.

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 CLARIFICATION OF NEWS RELEASE DATED JULY 13, 2017

ASHBURTON CLARIFICATION OF NEWS RELEASE DATED JULY 13, 2017 150 150 Progressive Planet Inc.

August 1, 2017, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT)  (“Ashburton” or the "Company”) wishes to clarify that it does not have a NI43-101 report to support any resource statement, that its project does not contain a current resource or reserve, and that the Company retracts the resource stated in its July 13, 2017 news release. The Company further cautions that production decisions not supported by a feasibility study have increased uncertainty and higher risks of technical failure and there is no certainty that the project will be found to be economic.

The technical contents of this release were approved by LuVerne E.W. Hogg, a Qualified Person as defined by National Instrument 43-101. The properties have not been the subject of a National Instrument 43-101 report.

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

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