CAVAN VENTURES INC. (TSX VENTURE:CVN) ("Cavan" or "the Company") is pleased to
announce 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 ("Frog" Occurrence), 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: greater than 4.23%
REE; sample 203303: greater than 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.


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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