June 14th, 2017, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT) (“Ashburton” or the "Company”) has received a progress report from LuVerne E.W. Hogg of ZMM Canada Minerals Corp., operator of the Joint Operating Committee on the development of the Z-1 Clinoptilolite Zeolite Quarry. The report reviews the research project title “Salinity Tolerance of Regional Native Plant Species and Soil Amendment Potential for Reclamation”. The work is being conducted by the Boreal Research Institute of the Northern Alberta Institute of Technology (NAIT) with industry partners Apache Canada Ltd., ZMM Canada Minerals Corp.(ZMM), Alberta Economic Development and Trade and Natural Science and Engineering Research Council of Canada (NSERC).
The goal of the program is to develop and test novel approaches to enhance and improve existing technologies to meet the demands of reclaiming naturally saline soil in northern Alberta. Ashburton Ventures Inc. and ZMM are providing Clinoptilolite Zeolite from the Z1 Quarry at Cache Creek, BC. and F-Chabazite Zeolite from the TransCanada Zeolite, east of Kamloops, BC. Both occurrences are under development by Ashburton and ZMM. Additionally, ZMM is providing ZMM T-Carbon. These materials will provide an important and valuable alternative to extensive dig-and-dump activities during remediation of salt-contained spill sites. Positive results on the use of Zeolites and T-Carbons in saline soils will open significant market opportunities for these Zeolite and T-Carbon products with oil and gas companies.
Combining new and existing reclamation practices and technologies established from this project will assist in creating best practices for cross-industry and cross-sector adoption. The work here will reflect positively and enhance Alberta’s energy-driven economy. By restoring the services and goods provided by boreal forest ecosystems, industry and SMEs promote responsible management and environmental stewardship for the long-term benefit of all Albertans.
Forest land reclamation is an important business and employment generator in northern Alberta. There is a backlog of over 15,000 well sites requiring reclamation on the crown land of north western Alberta alone. The Alberta Energy regulator currently certifies, on average, only 780 well sites in the boreal region annually worth an estimated reclamation investment of $39 million.
We look forward to reporting on the progress and results of this significant initiative to create new and innovative soil remediation techniques utilizing the unique properties of our Zeolites and ZMM T-Carbon.
“The oil and gas industry is known for the development of new technologies and is now directing these abilities to the reclamation of the Boreal forests. The industry has survived and thrived as an early adopter of new technologies for the creation of additional economic and employment opportunities for all. Ashburton and ZMM are proud to participate in this new, green technology program and we anticipate creating significant demand for our products.” states Dave Gdanski, President of Ashburton.
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
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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.
