Cavan Ventures Inc.
TSX VENTURE : CVN

Cavan Ventures Inc.

November 27, 2013 08:30 ET

Cavan to Conduct Diamond Exploration in Saskatchewan

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 27, 2013) - CAVAN VENTURES INC. (TSX VENTURE:CVN) ("Cavan" or the "Company") announces today that it plans to explore for diamonds on mineral claims staked in Saskatchewan that cover the historic Lake 19 flake graphite occurrence, located approximately 140 km north of a new diamond discovery announced by North Arrow Minerals at their Pikoo project (see North Arrow news release, November 5, 2013). The Company will engage Magnor Exploration (La Baie, QC) to review historical geophysics for the region, with plans to conduct glacial sediment sampling in early 2014.

The Lake 19 graphite claims lie in the Kisseynew Domain, composed of garnet-biotite gneiss, garnet-biotite-sillimanite gneiss, and locally, graphite-rich garnet-biotite gneiss (from the Saskatchewan Mineral Deposits Index: http://www.er.gov.sk.ca/SMDI). The Kisseynew Domain overlies the Archean-aged Sask craton, which is proposed to be the mantle source for diamonds found in kimberlites in Saskatchewan, including the new discovery at Pikoo (Saskatchewan Geological Survey, Misc. Rep. 89-4, p.168-171).

The technical contents of this release were approved by Mr. Marvin Mitchell, to P.Eng., an independent consultant to Cavan Ventures and 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 Mr. Mitchell has not verified the technical data disclosed in this release.

Cavan Ventures Inc. is a junior exploration company actively seeking mineral opportunities for the benefit of all its stakeholders. For further information please visit us 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.

Contact Information

  • Cavan Ventures Inc.
    Peter P. Swistak
    President
    (604) 683-3995 or Toll Free: (888) 945-4770
    (604) 683-3988 (FAX)
    www.cavanventuresinc.com