PROGRESSIVE PLANET SOLUTIONS INC (PLAN)

[Sam Dan]

ASHBURTON COMPLETES INITIAL MAG AND VLF SURVEY AT WHABOUCHI SOUTH PROJECT ADJOINING NEMASKA LITHIUM'S WHABOUCHI PROJECT IN QUEBEC

Ashburton Ventures Inc. has successfully completed an initial ground magnetic and very-low-frequency survey at its Whabouchi South property, adjacent to Nemaska Lithium Inc.'s Whabouchi project and less than 1.2 kilometres south of Nemaska's planned mine site, holding the world's second-largest and richest deposit of spodumene, the source of lithium. The deposit contains 27 million tonnes of proven and probable resources, with an estimated mine life span of 26 years (see Nemaska press release dated April 4, 2016). Ashburton's survey was carried out in early May, 2016, and targeted the northwestern area of the company's 1,176-hectare (11.8-square-kilometre) property. Ashburton's holdings, adjoining both the southern and western boundaries of Nemaska Lithium's property, total 1,496 hectares (15 square kilometres).

The magnetic survey highlighted a slight magnetic high that extends in a northeasterly direction across the surveyed area. The magnetic high is 500 metres in length along strike, displays a width up to 150 metres (L40N/400E to L35N/0E) and appears to be open in both directions. This zone is on strike with the proposed Nemaska Lithium's open pit (Whabouchi deposit) located approximately one kilometre to the northeast. The moderate-to-low magnetic contrast probably reflects metavolcanic (high) and metasedimentary (low) lithologies. Although the rock exposure is scarce within the surveyed area, three granitic rock samples were collected along the magnetic high determined between L39N and L40N. Samples will be submitted for lithium and other rare metal analysis. The remainder of the property will be subjected to a combined magnetometer and very-low-frequency surveys followed by a prospecting and sampling program.

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