December 31, 2012, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (“Ashburton” or the “Company”) (ABR-TSXV) announces that Premier Gold has granted the Company an extension whereby all payments and expenditure requirements pertaining to the Golden Edge option agreement have an additional year to be met.

The Company also reports it has determined to no longer proceed with its Deep Creek, Richmond Mountain and Cathedral Well properties located in Nevada.

Ashburton Ventures Inc. is a junior exploration company whose mission is to acquire highly prospective base and precious metal properties for the benefit of its stakeholders. The Company’s website can be viewed at www.ashburtonventures.com.

ON BEHALF OF THE BOARD

FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770

Neither 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.