Mr. Peter Swistak reports

CAVAN BEGINS GEOPHYSICS AT CAGE GRAPHITE CLAIMS, ONTARIO

Cavan Ventures Inc. has engaged Prospectair of Gatineau, Que., to carry out airborne geophysics on its Cage claims, located 36 kilometres west of Hearst, Ont. The survey will include both high-resolution magnetic and time-domain electromagnetic (TDEM) data collection, with north-south traverse lines having 50-metre spacing and east-west tie lines at 1,000-metre spacing. A small area of the claims will also be covered with east-west traverse lines at 50 metres to ensure detection of small electromagnetic conductors.

At the adjacent Albany graphite deposit, drilling on an airborne electromagnetic conductor by Zenyatta Ventures, identified an extensive zone of granitic breccia set in a black matrix containing graphite (see Zenyatta Ventures news release dated Jan. 19, 2012).

Magnor Exploration Inc. of La Baie, Que., has been engaged by the company to manage the survey, which is anticipated to begin in the coming days upon finalization of contracts and as equipment becomes available. A total of approximately 190 line kilometres will be completed over the Cage claims.

About the Cage claims

The 100-per-cent-held Cage claims are contiguous and cover an area of 768 hectares (1,897 acres). The property adjoins the eastern edge of the Albany graphite deposit that is presently under advanced exploration by Zenyatta Ventures. Zenyatta recently announced several significant intersections of graphite mineralization, including five holes with 146 metres of 5.2 per cent graphitic carbon (Cg), 177 metres of 5.3 per cent Cg, 186 metres of 4.9 per cent Cg and 125 metres of 4.6 per cent Cg, respectively (see Zenyatta Ventures news release dated July 2, 2013). Historic aeromagnetics indicate that a magnetic low is present on the Cage claims, with similar magnetic lows on the eastern portion of the Albany property (see Cavan news release, July 10, 2013).

The technical contents of this release were approved by Dr. Tom E. McCandless, PGeo, a qualified person as defined by National Instrument 43-101. The property has not been the subject of an NI 43-101 report, and Dr. McCandless has not verified the technical data disclosed in this release.

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