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CVN

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Share Name Share Symbol Market Type
TSXV:CVN TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Cavan Begins Geophysics at Cage Graphite Claims, Ontario

31/07/2013 2:29pm

Marketwired Canada


CAVAN VENTURES INC. (TSX VENTURE:CVN) ("Cavan" or "the Company") is pleased to
announce that it has engaged Prospectair (Gatineau, QC) to carry out airborne
geophysics on its CAGE claims, located 36 kilometers west of Hearst, Ontario.
The survey will include both high-resolution magnetic and time-domain
electromagnetic ('TDEM') data collection, with north-south traverse lines having
50m spacing and east-west tie lines at 1,000m spacing. A small area of the
claims will also be covered with east-west traverse lines at 50m to ensure
detection of small EM conductors. 


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


Magnor Exploration Inc. (La Baie, QC) 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-kilometers will be completed over the CAGE claims.


About the CAGE Claims

The 100%-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 Ltd.
Zenyatta recently announced several significant intersections of graphite
mineralization, including five holes with 146m of 5.2% Cg, 177m of 5.3% Cg, 186m
of 4.9% Cg, and 125m of 4.6% Cg, respectively (see Zenyatta Ventures news
release, 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,
P. Geo., a qualified person as defined by National Instrument 43-101. The
property has not been the subject of a National Instrument 43-101 report, and
Dr. McCandless has not verified the technical data disclosed in this release.


Cavan Venture's mission is to identify, acquire, and advance high potential
mining prospects located in North America for the benefit of its stakeholders.
For more information visit the website at www.cavanventuresinc.com.


ON BEHALF OF THE BOARD

Peter P. Swistak, President

Forward-Looking Statement:

Some statements in this news release contain forward-looking information that
involves inherent risk and uncertainty affecting the business of Cavan Ventures
Inc. Actual results may differ materially from those currently anticipated in
such statements. Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Cavan Ventures Inc.
Peter P. Swistak
President
1-604-683-3995 or Toll Free: 1-888-945-4770
www.cavanventuresinc.com

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