Mr. Michael England reports

ASHBURTON ACQUIRES TRANSCANADA ZEOLITE AND JUNIPER CREEK ZEOLITE PROPERTIES

Ashburton Ventures Inc. has signed an agreement to purchase a 100-per-cent interest in two mineral properties: the TransCanada chabazite zeolite and the Juniper Creek chabazite zeolite properties. Both are being acquired from ZMM Canada Minerals Corp., an arm's-length vendor, and are located south and east of Kamloops, B.C., within Eocene volcanic rocks.

Combined with the Z-1 zeolite quarry/mine, located about three kilometres northeast of Cache Creek, B.C., these two new strategic zeolite properties broaden Ashburton's assets in the emerging zeolite markets. The strategy is to actively develop all three zeolite properties, one containing the zeolite mineral clinoptilolite and two containing chabazite zeolite. The company has an experienced team in place to advance the projects. Doing so expands the company's markets exponentially from very-high-value, in the case of the high-purity chabazite, to lower-value, large-volume markets.

Chabazite is a unique rare and valuable mineral of the zeolite family. In North America, there is only one other location, in southern Arizona, where chabazite is produced. The exceptional properties of chabazite lead to applications in numerous clean-technology solutions like reverse adsorption systems, thermal energy harvesting and solar energy storage.

It is envisioned that chabazite from the company's two new properties will be targeted for three specific applications. The first being a high-purity crystalline chabazite, slated for high-tech/clean-tech applications in the areas of molecular sieves, gas separation and purifying gas streams. The second and third products will be used in horticulture, agriculture, animal health and specialty supplementary cementaceous materials (SEMs). The chabazite markets complement the clinoptilolite markets in both processing and products.

Ashburton chief executive officer Mike England commented: "We are very fortunate to have come to terms to add these two specialty zeolite properties to our expanding industrial mineral portfolio, with numerous potential applications that will complement our activities at the Z-1 quarry. The company's goal is to become the leader in zeolite innovation and applications."

Terms of the option agreement call for Ashburton to spend $250,000 on these groups within the first year, issue to ZMM one million common shares in the capital of Ashburton upon Toronto Stock Exchange approval and a cash payment to ZMM of $10,000.

The technical contents of this release were approved by Michel Boily, PhD, PGeo, a qualified person as defined by National Instrument 43-101. The properties have not been the subject of a National Instrument 43-101 report.

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