CAVAN VENTURES INC. (TSX VENTURE:CVN) ("Cavan" or "the Company") is pleased to
announce it has received TSX Venture Exchange approval for the acquisition of
the CAGE claims adjoining the Albany graphite deposit that is presently under
advanced exploration by Zenyatta Ventures Ltd. This prospect, now 100% owned,
borders Zenyatta Ventures Ltd. ground where it has recently made a significant
discovery. 


Peter Swistak, president of Cavan, states: "This is great news for Cavan
shareholders. We are one of only two companies to recently announce ground in
the area to receive exchange approval, and we now look forward to aggressively
explore and potentially develop this prospect." 


The CAGE claims are contiguous, covering an area of 768 hectares (1,897 acres),
and adjoin the eastern edge of Zenyatta's Albany graphite property. Historic
aeromagnetics indicate that a magnetic low is present on the CAGE claims, with
similar magnetic lows on the eastern portion of the Albany property (Geological
Survey of Canada, Limestone Rapids Airborne Magnetic Survey, Map 3913G). The
magnetic low will be investigated through reconnaissance prospecting and
sampling that is planned to take place in the coming weeks with the view to
determine drill targets for the Company's upcoming drill program. 


The technical contents of this release were approved by Dr. Tom E. McCandless,
P. Geo., 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
Dr. McCandless has not verified the technical data disclosed in this release


Cavan Venture's mission is to identify, acquire, and advance high potential
mining prospects located in North America for the benefit of its stakeholders.
For more information visit the website 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Cavan Ventures Inc.
Peter P. Swistak
President
604-683-3995 or Toll Free: 1-888-945-4770
www.cavanventuresinc.com