Cavan samples up to 63.5% Cg over one m at Tetepiska

Dec 19, 2013

Mr. Peter Swistak reports

CAVAN GRAPHITE CHANNEL SAMPLES UP TO 63% GRAPHITE OVER ONE METER AT TETEPISKA, QUEBEC

Cavan Ventures Inc. has released preliminary assays from its 100-per-cent-owned Tetepiska graphite property in northeastern Quebec, located 24 kilometres 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.

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http://www.cavanventuresinc.com/news.html