CAVAN VENTURES INC. (TSX VENTURE:CVN) ("Cavan" or "the Company") is pleased to
announce that the Company is now planning its first drilling program on 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 consists of 110 map staked claims
covering an area of approximately 6,523 hectares. Those claims are divided in
three blocks: the East Block (35 claims), the Central Block (71 cellules) and
the SW block (4 cellules). 


Following the excellent results obtained from the 2011 and 2012 prospecting
programs, the Company now intends to verify the extensions at depth and along
strike of the best channel samples. For the moment, the drilling program is
limited to three mineralized outcrops. A total of 500m of diamond drilling is
planned. 


The new discovery ("Frog" Occurrence), which returned significant overlimit
assays during the 2012 prospecting program, will be drill tested by two diamond
drill holes. 


Recalling that in channel sample P 268092, elements such as Ce, La, Nd, Pr, Sm
and Th exceeded the upper detection limits of these assay methods. The re-assay
using the ME-MS81h method returned the following results:




Results of over limit assays for channel sample P268092.    
                                                            
Ce2O3 :                         40200ppm               4.02%
                                                            
Dy2O3 :                        274.30ppm              0.027%
                                                            
Er2O3 :                         62.95ppm              0.006%
                                                            
Eu2O3 :                         50.29ppm              0.005%
                                                            
Gd2O3 :                        826.61ppm              0.082%
                                                            
Ho2O3 :                         32.12ppm              0.003%
                                                            
La2O3:                          19845ppm               1.98%
                                                            
Lu2O3:                           4.27ppm             0.0004%
                                                            
Nd2O3:                          14497ppm               1.45%
                                                            
Pr2O3:                        4314.80ppm               0.43%
                                                            
Sm2O3:                        1999.80ppm               0.20%
                                                            
Tb2O3:                          78.13ppm              0.007%
                                                            
Tm2O3:                           6.30ppm             0.0006%
                                                            
Y2O3:                          885.50ppm              0.089%
                                                            
Yb2O3:                          29.57ppm              0.003%
                                                            
Total REE:                      83107ppm               8.31%



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
(P268076). At this location, one channel sample 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 (# 203302: greater than 4.23% REE, #
203303: greater than 3.96% REE and # 203001: 3.79% REE), which returned total
REE higher than 3.4% and considered as a secondary target will be tested at
depth by two diamond drill holes.


This diamond drilling program will be started as soon as the Company will
receive its Intervention Permit delivered by the Forestry Department and the
authorization of the local ZEC (Zone of Controlled Exploitation in charge of the
area for hunting and fishing).


Mr. Peter P. Swistak, President of Cavan Ventures states, "The Pythonga REE
project continues to reveal a real potential for economic rare earth
mineralization. This limited diamond drilling program will confirm the excellent
potential of some REE occurrences and will better justify the execution of a
focused exploration campaign which will begin with geophysical surveys, a
trenching and stripping phase, followed by a second diamond drilling program."


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. 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. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Cavan Ventures Inc.
(604) 683-3995 or Toll Free: (888) 945-4770
www.cavanventuresinc.com

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