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May 2nd, 2013, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (TSX-V: ABR) (ARB-FRANKFURT) (“Ashburton” or the "Company”) announces today it has acquired a 100% interest in mineral tenures adjacent to the Colorado Resources Ltd. (TSX-V: CXO) 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
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.
TSX.V ABR FRANKFURT ARB