Cavan Ventures Inc. announced that it has started a prospecting and exploration work program on its five prospective graphite projects, acquired in April 2012, May 2012 and March 2013, and which are located in the Province of Quebec. The projects consist of five areas of reported historic graphite occurrences, discovered in the past by airborne electromagnetic/magnetic survey, mapping, pitting and diamond drilling. The Buckingham property consists of three colonial lots located in Range IX, Buckingham Township, covering an area of 900 hectares (2,224 acres). The property is adjacent to the old Walker Mine which is located in the south half of lot 20 in Range VIII. Historical reports mention that the graphite deposit was worked between the 1860's to 1910. Disseminated graphite flakes, up to 25% were mined. At the time, the company's property was part of the Walker mine. In the 1980's the Quebec Ministry of Energy and Resources conducted an airborne electromagnetic/magnetic survey over the region. Two linear conductors were picked up on the present the company's property. Those conductors are at 200 m spacing and measure 200 m and 1,000 m in length respectively. The Big Flake property is located adjacent to the TIMCAL's (Stratmin) producing flake graphite mine of Lac des Iles, near Mont-Laurier, Quebec. It covers a total area of 2,400 ha (5,930 acres). The project covers historic drill holes (1968) with reports of graphite intersection. Those holes are located approximately 8 km east-south-east from the TIMCAL's mine site. The Ashbury project covers an area of 900 hectares (2,224 acres) and hosts two historic drill holes bored by the Quebec Department of Natural Resources (1965). In the first hole, graphite was noted from 18.29 m to 30.48 m in a biotite paragneiss. A second intersection was noted from 30.48 m to 54.86 m. The second hole intersected graphitic mineralization over 1.52 m from 62.48 m to 64.00 m. The two holes are approximately 4 km apart. The Cawood property is located about 65 km North of Ottawa in the Gatineau river basin. It comprises 10 map stake claims covering an area of 550 ha (136 acres). This property has potential for graphite, mica, apatite and rare earth elements. It is located in the Maniwaki Metasedimentary Basin, well known for its graphite deposits and base metal occurrences (Pb-Zn) associated to calcitic and dolomitic marbles. In the past, many small graphite occurrences were mined by open-pits which are still accessible. The Sainte Marie property consists of 11 map staked claims covering an area of 605 hectares (1,495 acres). Several graphite occurrences have been reported on the property and there is also potential for REE. Six graphite occurrences were studied during a regional mapping program. Most have returned graphite values higher than 3% graphite in quartz-feldspar gneisses. One occurrence returned 25% graphite over one metre in a shear zone. Numerous graphitic bearing samples will be taken and shipped to the ALS Minerals laboratory in Val d'Or, Quebec. The technical contents of this release were approved by Dr. Christian Derosier, P.Geo. a qualified person as defined by National Instrument 43-101.

Cavan Ventures Inc. announced that the company has recently increased the number of claims covering its Pythonga Lake Rare Earth Element project. The Pythonga Lake property is located at approximately fifteen (15) kilometres west of the town of Maniwaki, Quebec. It now consists of 166 map staked claims covering an area of approximately 9,843.80 hectares (24,323.70 acres). The claims are divided in three blocks: the East Block (72 claims), the Central Block (90 cellules) and the SW block (4 cellules). The new claims increase the economic potential of the property because of the discovery of several new REE occurrences in the area during the 2011 and 2012 prospecting programs. Following the excellent results obtained from the 2011 and 2012 prospecting programs, the company also intends to drill to verify the extensions of the best channel samples along strike and at depth. The 2013 drilling program will be focused on three areas of mineralized outcrop. A total of 500m of diamond drilling is planned. The company is waiting for the approval of its permit by the Forestry Department after which it will mobilize the drilling equipment. The new discovery, which returned significant overlimit assays during the 2012 prospecting program, will be drill tested by two diamond drill holes. At the Frog Occurrence, channel sample P 268092 exceeded detection limits for Ce, La, Nd, Pr, Sm and Th, and produced a total REE value of 8.31% upon re-assay. The "Frog" occurrence is found in mafic gneiss mixed with some pegmatite dikes. The outcrop is 1-2m wide and was followed over 25m in length. The occurrence is open in both directions and is considered as a priority target. The second target to be drill tested is located in the eastern part of the East Claims Block and was discovered in 2012 during the prospecting program. At this location sample P268076 returned a total REE value higher than 7%. This showing will be tested by three diamond drill holes. Finally, a third showing discovered in 2011 (sample 203302: > 4.23% REE; sample 203303: >3.96% REE and sample 203001: 3.79% REE) is considered as a secondary target that will be tested at depth by two diamond drill holes. The diamond drilling program will be started once the permit will be received and the snow cover at the target areas is gone.

Cavan Ventures Inc. announce that it has been granted an option to acquire four prospective new mining properties covering graphite occurrences and with a potential for rare earth elements. The four properties are located in Quebec, Canada, and are all easily accessible by paved or gravel roads and close to infrastructures. The Pierre Riche North and South claims are located at about 130 km southwest of Saguenay-Chicoutimi, and about 70 km north-northwest of La Tuque. The Trans Canadian railroad line used by the Canadian National Railroad passes just 45 km south of the claim groups. Pierre Riche North comprises 31 map-staked claims covering 1,705 hectares (4,213 acres). The property covers granitic gneiss, anorthosite, calcsilicate rocks, paragneiss and metasediment. Mafic gneisses contain disseminated sulphides and pockets of pyrite and graphite. Historically, the graphite flakes were mistaken for molybdenite. Anomalous values of copper, nickel, zinc, vanadium and manganese were obtained from a 0.80 m long channel sample. Pierre Riche South comprises 11 map staked claims covering 605 hectares (1,495 acres), with the same lithologies as on the North claims. Anomalous values in copper, nickel, manganese, strontium and barium were obtained from one-meter long channel samples. This property presents an excellent potential for graphite in flakes and rare earth elements in pegmatite and mafic gneiss. Two additional mining properties are located in the Upper Gatineau River region in the western part of Quebec, and about 70 km south of the Company's Pythonga Lake Rare Earth Element project. The Cawood and Saint-Marie properties are located at about 65 km north of Ottawa, and accessible by paved roads. Infrastructure in this region is excellent for a mining operation. Cawood comprises 10 map staked claims covering an area of 550 hectares (136 acres). This property has potential for graphite, mica, apatite and rare earth elements. It is located in the Maniwaki Metasedimentary Basin, well known for its graphite deposits and base metal occurrences (Pb-Zn) associated to calcitic and dolomitic marbles. In the past, numerous small graphite occurrences were mined by open-pits which are still accessible. The Sainte-Marie property comprises 11 map staked claims covering an area of 605 hectares (1,495 acres). Several graphite occurrences exist on the property and there is also potential for rare earth elements. Six graphite occurrences were studied during a mapping program. Most have returned values higher than 3% graphite in quartz-feldspar gneisses of the H Unit. One occurrence returned 25% graphite over one meter in a shear zone. The four mining properties were acquired from three well-renowned prospectors. CAVAN can earn a 70% interest in the four mining properties by issuing the optionors a total of 1,500,000 shares over a period of two years and making two cash payments totalling $35,000 of which $15,000 is payable upon signing. The Company must spend a minimum of $60,000.00 during the first year of the agreement. Claims are subject to a 2% net smelter return of which the Company may buy back 1% for the sum of $1,500,000 and has the first right of refusal to purchase the balance of the royalty as well as the remaining 30% interest. The acquisition of the claims is subject to acceptance by the TSX Venture Exchange.