Ashburton Acquires Zetu Claims Adjacent to Colorado Resources Cu-Au Property, British Columbia

Mai 02 16:19 2013

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/02/13 — ASHBURTON VENTURES INC. (TSX VENTURE: ABR)(FRANKFURT: ARB) („Ashburton“ or the „Company“) announces today it has acquired a 100% interest in mineral tenures adjacent to the Colorado Resources Ltd. North Rok property located near Iskut, B.C. Colorado Resources recently announced a drill hole intercept of 333 meters (from 2-335m) averaging 0.5% Cu and 0.67 g/t Au (see Colorado Resources news release, April 25th,2013). Mineralization on the Rok property occurs in porphyry-style altered monzonite and volcanic rocks, and similar lithologies occur on the Zetu claims (B.C. Minfile Report 21760, 1992). The claims total approximately 1,200 hectares, with historic reports indicating that roads crossed the acquired ground. With several areas of mapped monzonite in contact with andesitic rocks, the acquired ground has good initial geologic targets for exploration work. The acquisition was made by paying staking costs to a third party staker.

The technical contents of this release were approved by Dr. Tom E. McCandless, P. Geo., director of Ashburton and qualified person as defined by National Instrument 43-101. The property has not been the subject of a National Instrument 43-101 report, and Dr. McCandless has not verified the technical data disclosed in this release.

Ashburton Ventures is a junior exploration company actively seeking mineral and energy opportunities for the benefit of all its stakeholders.

ON BEHALF OF THE BOARD

Michael England, President

Forward-Looking Statement:

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.

Contacts:
Ashburton Ventures Inc.
Michael England
President
(604) 683-3995

  Article "tagged" as:
  Categories:
view more articles

About Article Author

write a comment

0 Comments

No Comments Yet!

You can be the one to start a conversation.

Only registered users can comment.