Monday, December 05, 2016 9:15:09 AM
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.
Recent PLAN News
- Progressive Planet demonstrates strong start with profitable Q1 following year of cost control implementation and continued improvements versus prior year Q1 • PR Newswire (Canada) • 09/23/2024 10:25:00 AM
- Progressive Planet announces annual financial results • PR Newswire (Canada) • 08/28/2024 03:48:00 PM
- Progressive Planet continues share buyback program and provides corporate update • PR Newswire (Canada) • 08/07/2024 11:30:00 AM
- Progressive Planet share buyback starts strong, building long-term shareholder value • PR Newswire (Canada) • 07/11/2024 11:30:00 AM
- Progressive Planet Announces Normal Course Issuer Bid • PR Newswire (Canada) • 06/04/2024 11:30:00 AM
- Progressive Planet Announces Superb 28 Day Compressive Strength for New Low Carbon Cement • PR Newswire (Canada) • 05/02/2024 11:00:00 AM
- Progressive Planet Announces Superb Compressive Strength for New Low Carbon Cement • PR Newswire (Canada) • 04/11/2024 11:00:00 AM
- Progressive Planet Announces Issuance of Stock Options • PR Newswire (Canada) • 03/14/2024 09:33:00 PM
- Progressive Planet Announces Record Net Income for Q3 • PR Newswire (Canada) • 03/08/2024 07:41:00 PM
- Progressive Planet Provides Corporate Update on Cement and Fertilizer Innovation • PR Newswire (Canada) • 02/23/2024 01:30:00 PM
- Progressive Planet Completes Sale of Equipment to CarbonIP • PR Newswire (Canada) • 02/20/2024 01:30:00 PM
- Progressive Planet Announces Change of Senior Management • PR Newswire (Canada) • 02/15/2024 01:30:00 PM
- Progressive Planet Obtains up to $0.37M in Funding from NGEN for PozGlass™ 100G Pilot Plant • PR Newswire (Canada) • 02/08/2024 01:30:00 PM
- Progressive Planet Signs First Agreement for Continuing Royalty on Existing IP • PR Newswire (Canada) • 02/07/2024 01:30:00 PM
- Progressive Planet Provides Corporate Update for Fiscal Q3 2024 • PR Newswire (Canada) • 02/01/2024 01:30:00 PM
- Progressive Planet Reports Record Quarterly Revenues and Income from Operations in Fiscal Q2 2024 • PR Newswire (Canada) • 12/06/2023 03:09:00 PM
- Bromley Creek Quarry Receives New 5-Year Permit • PR Newswire (Canada) • 11/27/2023 01:30:00 PM
- Dual-Listed CleanTech Company Receives Five-Year Permit • AllPennyStocks.com • 11/27/2023 05:00:00 AM
- Dual-Listed CleanTech Company Receives Five-Year Permit • AllPennyStocks.com • 11/27/2023 05:00:00 AM
- Progressive Planet Provides Operational Update • PR Newswire (Canada) • 10/30/2023 12:30:00 PM
- Progressive Planet Launches New Soil Conditioner Product to Further Reduce Chemical Fertilizer Application • PR Newswire (Canada) • 10/06/2023 12:30:00 PM
- Progressive Planet Reports Financial Results for Fiscal Q1 2024 • PR Newswire (Canada) • 09/25/2023 05:47:00 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM