June 12th, 2017, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (TSX-V: ABR) (ARB-FRANKFURT) (“Ashburton” or the "Company”) announces that further to its news release of June 5, 2017 the Company has completed its non-brokered flow through private placement of 1,315,789 flow through units ("FT Units") at a price of $0.19 per Unit for aggregate gross proceeds of $249,999.91 (the "FT Offering").  Each FT Unit is comprised of one flow through common share ("FT Share") and one half of one non-flow through Share purchase warrant of the Company ("Warrant").  Each whole Warrant will entitle the Subscriber to purchase one Warrant Share for a 12 month period after the Closing Date at an exercise price of $0.25 per share. Flow through proceeds raised will be used towards exploration on the Company’s Buckingham graphite property located in Buckingham Township in the Province of Quebec.

The Company paid a finders' fee of $19,999.99, issued 65,789 finder’s shares and 65,789 finder’s warrants. Each finder's warrant will entitle the holder to purchase one Share for a period of 24 months from the closing date at an exercise price of $0.25 per finder's warrant.

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 info@ashburtonventures.com.

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.

June 8th, 2017, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT)  (“Ashburton” or the "Company”) reports on a recent site visit at the BC Bud Depot Research and Development Facility on Salt Spring Island, BC, site of an ongoing scientific study of the effects zeolite and carbon on cannabis yields and quality.

Ashburton directors met with facility owners and management to view progress of cannabis trials. The owner of the 1,900-plant facility requested, based on the healthy appearance of plants grown with zeolite, an ongoing supply of clinoptilolite zeolite from Ashburton’s Z1 Zeolite Mine near Cache Creek, BC. However this request remains subject to the final results of the study,  

Biologist and plantation manager Albert Kasprowicz stated, “It’s still early, but the plants amended with 15% zeolite appear to have growth rates significantly surpassing the greenhouse average.”

Ashburton’s Zeolite from the Z-1 Quarry in Cache Creek is believed to enhance plant health by increasing the bioavailability of nutrients and filtering contaminants from the soil. Plants with increased nutrient uptake and a reduced burden on their immune system focus more energy on growth and productivity.

Ashburton President David Gdanski stated, “The cannabis industry is taking note of zeolite’s natural capacity to provide a competitive edge in terms of yields and quality. We’re now compiling a client list that includes growers at the forefront of innovation in BC’s cannabis industry.”

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 info@ashburtonventures.com.

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.

June 5th, 2017, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (TSX-V: ABR) (ARB-FRANKFURT) (“Ashburton” or the "Company”) announces that it has arranged a non-brokered private placement of 1,315,789 flow through units ("FT Units") at a price of $0.19 per Unit for aggregate gross proceeds of $249,999.91 (the "FT Offering").  Each FT Unit will be comprised of one flow through common share ("FT Share") and one half of one non-flow through Share purchase warrant of the Company ("Warrant").  Each whole Warrant will entitle the Subscriber to purchase one Warrant Share for a 12 month period after the Closing Date at an exercise price of $0.25 per share. Flow through proceeds raised will be used towards exploration on the Company’s Buckingham graphite property located in Buckingham Township also in the Province of Quebec.

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 24 months from the closing date at an exercise price of $0.25 per Finder's Warrant. 

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 info@ashburtonventures.com.
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.

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 info@ashburtonventures.com.

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

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 info@ashburtonventures.com.

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.

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 info@ashburtonventures.com.

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.

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 info@ashburtonventures.com.

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.

Click here for images and complete project details

April 27th, 2017, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT)  (“Ashburton” or the "Company”) is pleased to announce that zeolite shipments have arrived at the BC Bud Depot (BCBD) Strain Development and Test Facility. Phase One of zeolite testing will commence Thursday, April 27th, 2017. BCBD’s Test Facility features 14,920 square feet of greenhouse space capable of housing 1,900 cannabis plants up to 2.5 metres height each.

Approximately 900 cloned cuttings of the cannabis strain CBD God will be transplanted into growth media divided between control groups and those enriched with zeolite and compatible nutrients. The facility’s on-site plantation manager, biologist Albert Kasprowicz, M.Sc., will oversee testing.

“We are excited to measure and document the variances between control groups and those augmented by zeolite blends,” stated Kasprowicz.

He continued, “The advantages of zeolite to cannabis cultivation have only been observed informally although zeolite has well-known benefits in agriculture. It is high time that we use scientific quantitative analysis to chart the benefits of zeolite to cannabis as an organic method of optimizing the ease and efficiency of cultivation, increasing plant health and vigour, and raising end yields in terms of total weight and marijuana quality.”

Testing to commence this week will take ongoing measurements from three categories plus a control group. The three test categories (Zeolite-Enriched, Carbon-Enriched and Zeolite + Carbon-Enriched) each subdivide into three groups according to increments of enrichment to the base potting mixture. The T-Carbon is from Ashburton’s collaboration partners ZMM Canada Minerals Corp and is complimentary to zeolite in the root zone.

For the Zeolite-Enriched and Carbon-Enriched groups, researchers will distribute plant sets containing 5%, 10% and 15% enrichment throughout the greenhouse. The Zeolite + Carbon group containing a 1:1 blend of carbon and zeolite will be enriched at 10%, 15% and 20% and similarly distributed. The Control Group will contain only the base potting mixture which consists of 90% coconut husk (coco coir) and 10% worm castings.

Zeolite is from the Z-1 Zeolite Mine, a recent collaboration between Ashburton Ventures and ZMM Canada Minerals Corp, located about 3 km northeast of Cache Creek, BC. Key among zeolite’s known advantages to plant growth include a high capacity to increase the bio-availability of essential plant nutrients, as well as filtering adverse components from the soil.

According to geoscientist LuVerne Hogg, Ashburton’s Z-1 zeolite has a pressure-release curve of water and nutrients that matches the liquid-uptake rate of cannabis roots.

“By releasing nutrients and water at the specific rate required by plants, efficiencies and yields increase, so cultivation is a more cost-effective enterprise” Hogg stated.

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 list please get in touch with us at info@ashburtonventures.com.

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.

April 18th, 2017, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (TSX-V: ABR) (ARB-FRANKFURT) (“Ashburton” or the "Company”) is pleased to announce final assays from the drilling programs carried out in the summer and fall of 2016. Four holes (BH16-11 to BH16-14) totalling 811 m further tested the two linear NNE and ENE conductive zones. A total of 211 samples were analyzed for Cg and included the QA/QC samples as well as a remaining portion of BH16-10. Best intersections included 10 m @ 3.98 wt. % Cg in hole BH16-10 and 11 m @ 3.54 wt. % Cg in hole BH16-14. The DDH coordinates and assay results are presented in Table 1 and can be viewed through the map provided below.

Table 1.  Best graphite assays results for DDH BH16-10 to BH16-14.

Hole ID	Easting	Northing*	Azimuth (°)	Plunge (°)	Depth (m)	From (m)	To (m)	Length** (m)	Cg (wt %)
BH16-10	460554	5054650	315	45	199.0	48	87	39	2.66
including						80	87	7	4.62
						104	114	10	3.98
BH16-11	460821	5054934	318	45	223.4	209	214	5	1.58
BH16-12	460284	5054968	138	45	181.9	4.50	11.00	6.50	3.55
BH16-13	460434	5055097	105	45	217.9	196	204	8	1.67
BH16-14	460850	5055196	15	45	188.2	111	122	11	3.54
* UTM coord: NAD83, Zone 18N

** Apparent thickness

Split core samples were transported to the SGS Laboratory in Lakefield, Ontario for Cg assaying. Samples were weighed, dried, crushed to 75% passing 2 mm, split to 250 g and pulverized to 85% passing 75 microns. C (graphitic) was analysed after roasting, HCl leaching combustion and IR (LECO). Duplicates, standards and blanks were inserted at regular intervals for QA/QC purposes.

The Company is now filing an NI43-101 compliant report on SEDAR, as well as on the company’s website at: http://www.ashburtonventures.com/abr-tech-report.pdf.

Highlights of the Buckingham Graphite Project’s NI43-101 Report are summarized below:

• To date nineteen (19) holes were drilled in late 2015-2016, totalling 4,782 meters and 1,695 core samples. The majority of the drill holes had spacings of 100 meters distributed along about half length of the 1.5 km linear NNE conductor with nearly all returning mineralization hosted in marble;
• These mineralized intercepts were mainly found in marble and ranged from 1.4% Cg over 5 m (BH16-05) to 4.07% Cg over 112 m (BH15-03). Long intercepts contained some higher grade intersections including 11.20% Cg over 7 m (BH15-03) and 17.90 % Cg over 7 m (BH16-03);
• Within the 43-101 is a preliminary sketch for a possible geometry of the mineralization consisted of two mineralized marble planes MBR-1 and MBR-2 and a smaller garnet gneiss mineralized plane;
• Next steps should extend the exploration on the NNE conductor over the next hundreds of meters to the NE, followed by metallurgical testing. As detailed in the technical report, a definition drilling program is recommended to provide a first estimate of the mineral resources.

“We are extremely pleased with the conclusions set out in the NI43-101 report and the conceptual model for the mineralization which will guide our exploration team for the next steps of the project. Further exploration works on the 1.5 km long conductor should initiate a definition drilling program for resource calculation purposes.” stated Mike England, CEO of Ashburton Ventures.

About the Buckingham Graphite Project

The Buckingham graphite property is located in the Buckingham Township of southwestern Quebec and consists of 18 claims covering 1,082 hectares. The property is readily accessible by roads from the village of Buckingham, with Highway 50 connecting Montreal to Ottawa approximately 10 km to the south. The property itself is crisscrossed by several logging roads facilitating the access to most of the mineralized areas.

Several strong and continuous conductive anomalies were identified on the property, with two linear graphitic zones that have started to be drill tested in late 2015: a 1.5 km long NNE conductor with several mineralized intercepts, including of 4.07 wt. Cg% over 112 m (see PR dated February 11, 2016), and a 300 m long ENE conductor with 5.18% wt. Cg% over 72 m (see PR dated October 18, 2016).  

The technical content of this news release was approved by Isabelle Robillard, MSc, P.Geo., a qualified person as defined by National Instrument 43-101.

Ashburton Ventures Inc. is a Canadian-based junior company with a focus on industrial minerals in Canada. If you would like to be added the news release distribution please get in touch with us at info@ashburtonventures.com.

ON BEHALF OF THE BOARD

Signed “Michael England”                                             
Michael England, President
FOR FURTHER INFORMATION PLEASE CONTACT: 
Telephone: 1-604-683-3995

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.

April 11th, 2017, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT)  (“Ashburton” or the "Company”) announces that it has entered into an amending agreement with respect to the previously-announced option financing agreement with Manitoba Minerals Pty Ltd. ("MMPL") whereby the Company will retain a 20% interest in the Thompson Bros. lithium property located in Wekusko Lake, Manitoba.

In May 2016, the Company had acquired an option over the Thompson Bros. lithium property and had simultaneously signed an option financing agreement with MMPL, pursuant to which MMPL would finance all payments and obligations relating to the option (see the Company's previous news release dated May 2, 2016).  In consideration, the Company had previously granted MMPL with options to acquire up to a 95% interest in the property.

Pursuant to the new amending agreement, MMPL will still finance all cash payments and expenditures with respect to the Thomson Bros. option, but the Company will be responsible for share payments owing to the underlying owner.  Under the underlying option agreement, the Company will issue 2.25 million common shares to the underlying owner, in annual installments of 500,000 shares, ending in April 2021.  As a result, the options granted to MMPL have been reduced, such that the Company will retain a 20% interest in the property.  The amending agreement is subject to the Company receiving prior approval from the TSX Venture Exchange.

The Thomson Bros. lithium property is located 20km east of the mining community of Snow Lake, Manitoba, and consists of 18 contiguous claims covering 1829 hectares.  Further information about the property can be found in the Company's May 2, 2016 news release.

The Company further announces it has terminated its agreements to acquire the Whabouchi South, Whabouchi West and the Whabouchi Southern Extension properties.

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

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

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.