AGORACOM News Flash

AGORACOM CONFERENCE UPDATE

12 More Companies Added To Schedule For Dec 3 & 4. (See Schedule)
Keynote Speakers Include Peter Grandich, Eric Coffin (See Speakers)
Workshop Presentations Added To Thursday Schedule
Investors from over 45 Countries Have Visited
Conference Begins 2 Weeks From Today!

Looking forward to seeing all of you there gang. Registration is free for investors. AGORACOM Members register with just one click. Non-members takes less than 60 seconds. Register here (see form on right hand side)

Message: Ashburton Ventures Inc. Options Prospective Gold Property

roadguy

Rank: [?]

Vice President

Points: [?]

987

Rating: [?]

Votes: 69 Score: 3.4

Currently 3.5/5 Stars.

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Ashburton Ventures Inc. Options Prospective Gold Property

posted on Mar 23, 09 03:52PM

Ashburton Ventures Inc. Options Prospective Gold Property Contiguous With Goldcorp's Red Lake-Campbell Mine Complex, Ontario

Ashburton Ventures Inc ABR

3/23/2009 7:21:48 PM

VANCOUVER, BRITISH COLUMBIA, Mar 23, 2009 (Marketwire via COMTEX News Network) --

ASHBURTON VENTURES INC. (TSX VENTURE:ABR) ("Ashburton" or the "Company") and Solitaire Minerals Corp (TSX VENTURE:SLT) have entered into an option agreement whereby Ashburton can obtain a 60% interest in Solitaire's Chukuni Property consisting of 3 claims, covering 1,520 acres in the Red Lake Mining District of Ontario adjoining Goldcorp's Red Lake-Campbell Mine Complex. This Option Agreement is subject to TSX Venture Exchange approval.

The Chukuni property lies within the southern corridor of the Cochenour- Gullrock deformation zone and is of particular interest within the Red Lake Mining District as it hosts the well known Red Lake-Campbell Mine Complex. Goldcorp's Red Lake-Campbell Mine Complex, approximately 3.5 km to the north of the Chukuni property, currently remains one of Canada's largest and richest Archean gold deposits. Goldcorp's Red Lake-Campbell Mine Complex produced 629,000 ounces of gold in 2008 (source: Goldcorp's website at the following link http://www.goldcorp.com/operations/r...

New drill targets have been identified as a result of the information collected from a past work program (drilling and airborne) performed by Solitaire Minerals in 2006 and from further analysis of the airborne magnetic anomalies (Fraser filtered VLF-EM data).

Cumulative terms of the agreement for Ashburton Ventures Inc. to earn a 60% interest from Solitaire Minerals Corp. in the Chukuni property are for Ashburton to pay Solitaire Minerals $90,000 cash, issue 1,000,000 common shares and spend $1,000,000 in exploration expenditures over a three year period.

Mr. Andrew Tims, P.Geo, will be operating as the Company's qualified person under National Instrument 43-101. Mr. Tims has reviewed the technical content of this news release and confirms its accuracy.

Ashburton Ventures Inc. is a recently listed 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

Michael England, President

SOURCE: Ashburton Ventures Inc.

Ashburton Ventures Inc. Michael England President (604) 683-3995 (604) 683-3988 (FAX) Email: englandcommunications@shaw.ca Website: www.ashburtonventures.com