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September 16th, 2013, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (TSX-V: ABR) (ARB-FRANKFURT) (“Ashburton” or the "Company”) is pleased to announce the field radiation results for radioactive boulders from its 100%-owned Sienna West claims, located roughly 40 kilometers southwest of the Alpha Minerals Inc. (TSX-V: AMW) and Fission Uranium Corp. (TSX-V: FIS) Patterson Lake South discovery. Twelve boulders encountered during the program measured over 300 counts per second (cps) with some measuring 1,500 to 1,800 cps as measured on a hand-held radiation detector (RS-125 Super-Spec, Radiation Solutions Inc.). Scintillometer readings are not directly or uniformly related to the uranium content of the rock sample measured, and should be used only as a preliminary indication of the presence of radioactive materials. The boulders are subrounded, range from 25-120 cm in diameter, and include argillite, feldspathic gneiss, and granite. The boulder lithologies are similar to those reported by Alpha Minerals Inc. (TSX-V: AMW) and Fission Uranium Corp. (TSX-V: FIS) in the early stages of the Patterson Lake South uranium discovery (see Alpha Minerals news release, December 14, 2011). The boulders have been submitted for assay with results expected in the coming weeks. The Sienna West program also included the placement of 40 radon detector cups distributed across the property, which will be retrieved for radon analysis in thirty days.
The Sienna West claims cover 1,090 hectares and are part of the Sienna Uranium Project that also includes a 147 hectare claim contiguous with the northern boundary of the Patterson Lake South Project that is presently under advanced exploration by Alpha Minerals Inc. and Fission Uranium Corp. (see news release, March 14, 2013). Historic Geological Survey of Canada lake sediment samples collected from two lakes at Sienna West range from 3.9-7.69 ppm uranium, ranking these samples in the top 98th percentile of 909 samples collected over roughly 16,000 km2 of northwestern Saskatchewan (Geological Survey of Canada Open File Report 1642, 1988, 100p.). The lakes are separated by two kilometers and suggest that the elevated uranium values are not an isolated occurrence.
Through an alliance with Alpha-Track Uranium Services (see Ashburton news release, June 10, 2013), forty radon detector cups were deployed across the property. The cups will be retrieved in thirty days and shipped to the lab for analysis. Radon surveys and uraninite boulders were an integral part of identifying uranium mineralization at the Alpha Minerals Inc. and Fission Uranium Corp. Patterson Lake South discovery (see Alpha Minerals news release, May 6, 2013).
The technical contents of this release were approved by Paul D. Gray, P. Geo., a qualified person as defined by National Instrument 43-101. The property has not been the subject of a National Instrument 43-101 report, and Mr. Gray has not verified the technical data disclosed in this release.
The Company also announces the resignation of Tom E. McCandless as Vice President, Exploration for Ashburton Ventures. Dr. McCandless will be pursuing other interests, but will continue to serve in the capacity of Technical Advisor to the Company.
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
For further information contact:
Telephone: (604) 683-3995
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.