FINALLY drilling started on Buckingham should produce a
43-101 report to give us a verifiable size of the lithium content.
ASHBURTON COMMENCES PHASE THREE DRILLING AT BUCKINGHAM GRAPHITE PROPERTY, QUEBEC
Ashburton Ventures Inc. has completed the ground-based PhiSpy geophysical survey undertaken by DD Geoscience of Ottawa, Ont., on its Buckingham graphite property located in southwestern Quebec. The survey's result will allow a short and more focused drilling program (phase III) that will help define the geometry of the graphite deposit and ultimately obtain a National Instrument 43-101-compliant resource estimate.
The company also announces that the phase III drilling program has commenced and will expand on previous drilling completed in third quarter 2016.
Furthermore, Ashburton Ventures has sent an 80 kilograms of bulk sample of graphite-rich core material to the SGS Metallurgical Laboratory to characterize the graphite concentrate such as its mineralogical composition, flake sizes, recoverability and particle distribution, and to establish a flotation procedure.
President and chief executive officer Michael England stated, "This program will provide additional data which will be incorporated into an up-to-date 43-101 being written by Inlandsis Consultants of Montreal, Que."
The Buckingham graphite property consists of 18 claims in ranges VIII and IX, Buckingham township, Quebec, which cover an area of 1,082 hectares. Exploration on the southern part of the claim group has yielded assay results as high as 21.6 per cent Cg (graphitic carbon) over 14.5 metres from channel samples and purity results up to 96.1 per cent Ct (total carbon) from large-flake fractions (see Cavan press releases dated July 17, 2014, and May 28, 2015). A first-phase drill program returned assays of 112 m of 4.07 per cent Cg (see press release dated Feb. 11, 2016), as well as 16 m of 11.09 per cent Cg and 88 m of 3.29 per cent Cg (see press release datedJune 23, 2016).
The technical content of this news release was approved by Dr. Michel Boily, PGeo, director of Ashburton and a qualified person as defined by National Instrument 43-101.
