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Cavan Graphite Channel Samples Up to 63% Graphite Over One Meter at Tetepiska, Quebec

19/12/2013 12:00pm

Marketwired Canada


CAVAN VENTURES INC. (TSX VENTURE:CVN) ("Cavan" or "the Company") is pleased to
announce preliminary assays from its 100%-owned Tetepiska graphite property in
northeastern Quebec, located 24 kilometers southwest of the Lac Gueret graphite
project that is presently under advanced exploration by Mason Graphite. The
results include rock grab samples with up to 55.1% graphite (Cg) and channel
samples with up to 63.5% Cg over one meter as described below. 


Cavan President Peter Swistak states, "We are extremely pleased by these
excellent results from Tetepiska, the latest acquisition to our graphite
portfolio. We have literally just scratched the surface at Tetepiska, and we
look forward to further exploration and sampling on the property." 


Three rock grab samples were collected from a cliff on the eastern shore of
Tetepiska Lake, along a 4.25 meter wide east-west oriented graphite-enriched
zone where a historical sample had been collected. The best result from the
cliff assays at 55.1% Cg and confirms the historical sampling result of 58.1% Cg
(see news release, December 4, 2013). Five channel samples were collected with a
diamond grit saw across a mineralized zone in the western part of an exposed
area near the cliff, with the best returning a weighted average of 52.7% Cg,
over 1.9 meters, including 63.5% Cg over one meter. Two rock grab samples were
also collected near the channel sampling, returning 24.4% and 17.7% Cg.
Highlights of the sampling program are summarized in the table below.




                                                                            
       Rock Grab Sample Results               Channel Sample Results        
------------------------------------- --------------------------------------
                                                            Channel         
                                                   Channel  length,         
Sample No.          Description   %Cg Sample No. width, cm        m Ave. %Cg
------------------------------------- --------------------------------------
265051       cliff east of lake  55.1 265062-63          5      1.9     52.7
265052     1.2m south of 265051  48.8            including        1     63.5
265053     3m east-NE of 265051  10.5 265064-69          5      5.6     12.8
                   near channel                                             
265054                 sampling  24.4 265056-59          5      3.7     3.59
                   near channel                                             
265055                 sampling  17.7 265060-61          5      1.5       12
------------------------------------- --------------------------------------



Exploration work on the Tetepiska property is conducted by Magnor Exploration
Inc. (Saguenay, QC) on behalf of Cavan Ventures. All samples were assayed by ALS
Minerals (Val d'Or, QC; North Vancouver, BC) using the ME-MS81 (fusion lithium
borate ICP-MS method) and the C-IR06 (organic carbon) Leco methods.


About the Tetepiska Graphite Project

The 100%-owned Tetepiska property includes 54 mining claims covering 2,925.72
hectares. Several gravel roads provide good access to the eastern part of the
property and the western part is accessible by boat or by road. Graphite was
first discovered at Tetepiska on a small cliff on the eastern shore of Tetepiska
Lake, with a historical grab sample returning 58.1% Cg. Graphite mineralization
in the area is controlled by the Nault Formation, the equivalent of the Menihek
Formation of the Knob Lake Group that is part of the Grenville Metamorphic
Province. The Nault formation is composed of meta-sedimentary rocks, largely as
paragneisses. Three types of graphite have a particular distribution within the
Nault Formation. A macrocrystalline type is associated with quartz-feldspar
schist, whereas microcrystalline and amorphous vein-type graphite are found in
meta-mudstone (M. Giroux, 2008, Controle stratigraphique et qualite
mineralurgique des gites de graphite des Lacs Gueret et Guinecourt, Terrane
Gagnon, Province de Grenville, UQAM M.Sc., 138p.). 


The technical contents of this release were prepared and approved by Dr. C.
Derosier, P. Geo., independent consultant to Cavan and a qualified person as
defined by National Instrument 43-101. 


Cavan'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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