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March 15th, 2017, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT) (“Ashburton” or the "Company”) is primed for entry into the creation of Vacuum Insulated Panels (“VIP”) for the construction industry. Ashburton, in partnership with ZMM Canada Minerals Corp. in the Z-1 Clinoptilolite Zeolite Quarry, is pleased to participate in this innovative clean energy, clean technology initiative. Under the program, the Ashburton’s Z-1 zeolite (see PR dated February 9, 2017) is the principal component in the manufacturing of VIPs. The first shipments of the Z-1 clinoptilolite zeolite have been ordered. A key role of the Z-1 zeolite is to enable lowering the cost of producing VIPs due to its unique, specialty properties.
“This is an exciting time for Ashburton. To have its unique Z-1 zeolite used in the creation of a leading edge clean energy, clean technology initiative in collaboration with the University of Victoria, the Province of B.C. and the Federal Government is truly a big step for our shareholders.” stated Company President David Gdanski.
Demand for energy efficient buildings has increased drastically in recent years and this trend will continue in the future. Insulating building elements will play a key role in meeting this demand by reducing heat losses through the building envelope. Due to their high R-value, Vacuum Insulation Panels (VIPs) will be a more energy efficient alternative to conventional building insulation materials. The thermal insulating capacity of VIPs is five to ten times higher than traditional fibrous or foam insulation which is why efforts to develop VIPs with characteristics suitable for applications to new and existing buildings are underway.
The research and development program has begun and is being conducted by the University of Victoria under the supervision of Dr. Phalguni Mukhopadhyaya. Utilizing the natural clinoptilolite zeolite represents a unique opportunity to create new, high performance, thermal insulation that will provide significant benefits to the environment by reducing energy costs by up to 40%.
We gratefully acknowledge the financial support of the Province of British Columbia through the Ministry of Energy and Mine’s Innovative Clean Energy (ICE) Fund of $50,000. $50,000 is being contributed by the Natural Sciences and Engineering Research Council of Canada (NSERC) as a Collaborative Research and Development grant and $45,000 is being provided by Ashburton and ZMM to support this exciting new, breakthrough technology.
Read more at BC Government News – Energy and Mines: https://news.gov.bc.ca/releases/2016MEM0027-002704
For more information on ZMM please visit www.zmmcanadamineralscorp.com.
Ashburton Ventures Inc. is a Canadian-based junior exploration company focused on Canadian mineral projects in Quebec and British Columbia, Canada. If you would like to be added the news release distribution please get in touch with us at [email protected].
ON BEHALF OF THE BOARD
Signed “Michael England”
Michael England, CEO
FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-683-3995; Toll Free: 1-888-945-4770; www.ashburtonventures.com
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