Ashburton to Mobilize Drill at Buckingham Graphite Property, Quebec
Vancouver, British Columbia (FSCwire) - Ashburton Ventures Inc. (TSX-V: ABR) (ARB-FRANKFURT) (“Ashburton” or the "Company”) is pleased to announce all drilling and access permits and approvals have been received and the company is mobilizing a crew to commence a second phase drill program on its Buckingham Graphite property located in Southwestern Quebec. The program will expand on previous drilling completed in late 2015. The initial drilling program will consist of up to 1,000 metres of core drilling and will be aimed at further testing the 1.1 km long, northeast-oriented geophysical conductor, located on the southern part of the property.
President and chief executive officer Michael England stated: "We are excited to report commencing this follow-up drill program to last winter’s successful campaign at Buckingham which encountered significant intercepts from 5 out of 5 holes drilled.”
Following the success of the last drill program Ashburton further announces it has engaged Inlandsis Consultants of Montreal, Quebec to write a NI 43-101 report on the Buckingham Graphite Project.
The Buckingham graphite property consists of 18 claims in ranges VIII and IX, Buckingham Township, Quebec, which cover an area of 1,082 hectares. Exploration on the southern part of the claim group has yielded assay results as high as 21.6 per cent Cg (graphitic carbon) over 14.5 metres from channel samples and purity results up to 96.1 per cent Ct (total carbon) from large-flake fractions (see Cavan PR dated July 17, 2014 and May 28, 2015). A first-phase drill program returned assays of 112 meters of 4.07% ( see PR dated February 11, 2016) as well as 16 meters of 11.09% Cg and 88 meters of 3.29% Cg. (see PR dated June 23, 2016).
The technical content of this news release was approved by Dr. Michel Boily, P.Geo., director of Ashburton and a qualified person as defined by National Instrument 43-101.
Ashburton Ventures Inc. is a Canadian-based junior exploration with mineral projects in Quebec, 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.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/Ashburton07132016.pdf
Source: Ashburton Ventures Inc. (TSX Venture:ABR, FWB:ARB) http://www.ashburtonventures.com/
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