May 20th, 2011, VANCOUVER, B.C.
– ASHBURTON VENTURES INC.
(ABR-TSX:V) (ARB-FRANKFURT) (“Ashburtonâ€
or the “Companyâ€)
reports
that the drilling program at its Deep Creek Project, located 112 kilometres
north of Elko, Nevada is proceeding very well.
Six drill
holes were collared in the Waterfall Vein Area to test the sub crop and down dip
extent of the Waterfall and 13-5 veins, and to test for mineralization between
the veins and the Range Front Structure to the west,
with a total of 900 meters (2,954
feet) of core recovered
(>95% recovery).
Intervals of veining and brecciation have been
intersected in all of the holes, and the core is being cut and prepped for gold
assay at the ALS Chemex Laboratories in North
Vancouver, B.C.
The
drill has now been moved to begin a series of holes to test the extent of high
grade gold veins discovered last fall in the Upper Vein area (see news release October 14, 2010).
During
pad preparation, the Upper Vein was intersected, with up to a meter thickness of
continuous quartz veining, and an additional two meters of stockwork veining. A
few tons of the vein material and adjacent country rock were collected and stockpiled
on one of the pads. Visible gold was commonly noted in the vein material during
separation of the vein and country rock.
Pictures
of the vein exposure activity can be viewed at
www.ashburtonventures.com
.
The
technical contents of this release were approved by Dr. Tom McCandless, P.Geo.,
Vice President, Exploration for Ashburton and a qualified person as defined by
National Instrument 43-101.
Ashburton
Ventures is a junior exploration company actively seeking mineral opportunities
for the benefit of all its stakeholders.
ON BEHALF OF THE BOARD
Michael England, President
For further
information contact:
Telephone:
(604) 683-3995
Forward-Looking Statement:
Some 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.