February 18th, 2016, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT) (“Ashburton” or the "Company”) announces it has received assay results from its recent work program on the 100% owned Elon claims located in Clayton Valley, Nevada. Eleven samples were submitted to ALS Minerals in Reno, Nevada and all have come back with positive lithium numbers. The program consisted of surface sediment sampling from various locations across the property.
|
|
Sample |
Sample |
Depth |
Recvd Wt. |
|
|
Property |
Number |
Type |
(m) |
kg |
Li (ppm)* |
|
Elon |
K952825 |
soil |
2.1 |
0.76 |
113.5 |
|
Elon |
K952826 |
soil |
3 |
0.83 |
126 |
|
Elon |
K952827 |
Soil |
3 |
0.84 |
104 |
|
Elon |
K952828 |
Soil |
3 |
0.75 |
140.5 |
|
Elon |
K952829 |
Soil |
3 |
0.87 |
146.5 |
|
Elon |
K952830 |
Soil |
3 |
0.61 |
111 |
|
Elon |
K952831 |
Soil |
3 |
0.72 |
107.5 |
|
Elon |
K952832 |
Soil |
2.8 |
0.91 |
124.5 |
|
Elon |
K952833 |
Soil |
3 |
0.83 |
118 |
|
Elon |
K952834 |
Soil |
3 |
0.89 |
117 |
|
Elon |
K952835 |
Soil |
3 |
1 |
134 |
“We are extremely encouraged with the lithium results received to date. Our property is directly beside Pure’s discovery and right beside the CV-6 hole recently completed by Pure. We are pleased now that Lithium-X has also acquired a large land package directly to our west to now completely enclose our property in between them and Pure. Management is encouraged by these initial results and is actively searching for additional property in the vicinity to increase shareholder value.” stated Michael England, CEO of Ashburton Ventures.
Aurora Geosciences Ltd. conducted the sampling on the Property and submitted 11 samples from the Elon property to ALS Minerals in Reno NV for analysis. The samples were crushed, split, a portion was pulverized and a one (1) gram aliquot analyzed by ALS Chemex method ME-MS61 (48 element, including lithium, four acid ICP-MS).
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.
