ASHBURTON COMMENCES DRILLING AT BULLION HILLS
June 23, 2009, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V)
(“Ashburton” or the "Company”) announces phase one drilling of approximately 620 meters
(2000 feet) of HQ core has begun at its newly acquired Bullion Hills gold property in the Tintina
Gold Belt of Alaska.
The Company acquired an option to earn a 100% interest in the “Bullion Hills” gold property in
the Tintina Gold Belt of Alaska, from Royal Pretoria Gold Ltd., a private Alaskan Corporation.
The Tintina Gold Belt hosts a number of major lode gold deposits such as Kinross’s Fort Knox
(4.5Moz), Sumitomo’s Pogo (5 Moz) and NovaGold’s Donlin Creek (30 Moz).
Drill targets have been selected based on historic surface sampling geochemical results. The
primary target is designed to test the “Two Bit Granitic Pluton” which is exposed on the
property. Chip sampling across 11 meters (36 feet) of exposed bedrock returned 1.05 grams
per ton Au, including three (3) meters of 2.54 grams per ton Au. Coarse visible gold can be
panned from pulverized quartz veinlets within the granite intrusion and from coarse residual
soil (grus) lying directly on top of the intrusion. The secondary targets are high-grade quartz
veins and stockworks within the metasediments. Surface samples of float and rubble have
returned gold values up to 29 grams per ton.
The technical contents of this release were approved by Ashburton director and qualified
person as defined by National Instrument 43-101, Marvin Mitchell, P.Eng.
ON BEHALF OF THE BOARD
Michael England, President
For further information contact:
Telephone: (604) 683-3995
Facsimile: (604) 683-3988
Email: [email protected]
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.
TSX.V ABR FRANKFURT ARB