Could be positive
ASHBURTON TO MOBILIZE DRILL AT BUCKINGHAM GRAPHITE PROPERTY, QUEBEC
Ashburton Ventures Inc. has received all drilling and access permits, and approvals have been received, and the company is mobilizing a crew to commence a second-phase drill program on its Buckingham graphite property located in southwestern Quebec. The program will expand on previous drilling completed in late 2015. The initial drilling program will consist of up to 1,000 metres of core drilling and will be aimed at further testing the 1.1-kilometre-long, northeast-oriented geophysical conductor, located on the southern part of the property.
President and chief executive officer Michael England stated, "We are excited to report commencing this follow-up drill program to last winter's successful campaign at Buckingham which encountered significant intercepts from five out of five holes drilled."
Following the success of the last drill program, Ashburton further announces it has engaged Inlandsis Consultants of Montreal, Que., to write a National Instrument 43-101 report on the Buckingham graphite project.
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 release dated July 17, 2014, and May 28, 2015). A first-phase drill program returned assays of 112 metres of 4.07 per cent (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 dated June 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.
