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CVN

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Cavan Receives Positive Trenching Assays at Buckingham Graphite Property, Quebec

08/07/2014 1:00pm

Marketwired Canada


CAVAN VENTURES INC. (TSX VENTURE:CVN) ("Cavan" or "the Company") is pleased to
announce exceptional assays for graphite-rich zones as a result of trenching on
its 100%-owned Buckingham graphite property, located adjacent to the historic
Walker Graphite Mine in Buckingham Township, Quebec. Graphite-rich zones were
channel-sampled from four trenches, with the best results returning up to 17.8%
Corg (Organic Carbone) over 5.5 meters, 8.20% Corg over 4.75 meters, 12.10% Corg
over 4.0 meters and 12.3% Corg over 3.5 meters.


Peter Swistak, President of Cavan states, "The high carbon assays from our
Buckingham project confirm our expectations of significant graphite
mineralization on the Buckingham property. We now have positive assays that can
be directly correlated with our ground-based geophysics. Our geophysics has
identified many conductors that are yet to be tested, which we plan to
prioritize for further exploration in the coming weeks."


In May, the Company engaged Magnor Exploration Inc. (La Baie, QC) to conduct an
exploration work program, which included ground-based geophysics that was used
to resolve airborne EM anomalies identified last year (see news release,
September 24, 2013). With the help of a hydraulic shovel, six trenches ranging
from four to 48 meters in length and two meters in width were completed. Trench
22C was cut for 24 meters in a northwest direction, with a second perpendicular
trench cut at its southeast end for 20.5 meters. Graphite-rich zones were
exposed in both trenches and channel-sampled with a rock saw over lengths from
0.50-1.25 meters and widths at 11.5 centimeters. In the southwest trenches, the
best sample returned 17.8% Corg over 5.5 meters with two additional samples
returning 1.21 % Corg and 1.57% Corg over 1.25 meters each. On the northeast
trenches, a channel sample 0.50 meters in length returned 19.5% Corg, two
additional samples assayed at 17.9% and 4.53% Corg over 1.25 meters each, with a
fourth channel returning 22.8% Corg over 5.4 meters.


The second trench (Trench #1 in the news release of June 3, 2014) is located 80
meters west-southwest of Trench 22C, and oriented in a west-northwest direction.
The trench has an angle of about 35 degrees with the EM conductor axis and the
stratigraphy. The excavation exposed visible graphite that was channel-sampled
over 25.6 meters at 1.25 meter intervals, with individual intervals ranging from
0.35% Corg to 16.7% Corg. The central part of the trench was not sampled but
showed large disseminated graphite flakes. The highest results from west to east
are 8.20% Corg over 4.75 meters, 12.10% Corg over 4.0 meters and 12.3% Corg over
3.5 meters. This mineralization is open to the west with the EM conductor also
becoming much stronger to the southwest. A new graphite zone was also discovered
roughly 150 meters northeast of Trench 22C, where granitic-pegmatitic rocks
contain graphite-rich veins. A grab sample of one 5cm-thick vein returned 86.5%
Corg with flakes over 5mm in diameter.


Images of graphite-rich zones in the trenches can be seen on the Company website
at www.cavanventuresinc.com.


The technical contents of this release were prepared and approved by Dr. C.
Derosier, P.Geo., a qualified person as defined by National Instrument 43-101.
Graphite samples were assayed by ALS Minerals using the C-IR06 method (Leco) for
organic Carbone. No standards or blanks were inserted by Cavan's team. ALS made
its own duplicates and used its own standards.


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: 
Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770

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