Consolidated Abaddon Resources Inc.
TSX VENTURE : ABN
FRANKFURT : E2L

Consolidated Abaddon Resources Inc.

September 10, 2009 09:00 ET

Consolidated Abaddon Acquires 7 Rare Earth and Lithium Claim Blocks

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 10, 2009) - Consolidated Abaddon Resources Inc. (TSX VENTURE:ABN) (FRANKFURT:E2L) is pleased to announce the acquisition, via staking, of 7 rare earth metal and lithium claim blocks consisting of 3500 acres.

The Company's new Gamma Lake property is located approximately 150 km north of Red Lake, Northwestern Ontario, along the contact of the Berens River Subprovince, and the Sachigo Subprovince. The property is associated with the discovery of spodumene / lithium pegmatites in the general area. A major northwest-southeast trending regional structure, the Bearhead Lake Fault, traverses the length of the Gamma Lake property and separates two contrasting terrains.

Gamma Lake property map:
http://www.consolidatedabaddon.com/s/Image.asp?i=maps/ABN_Gama_Lake_Property.jpg

Consolidated Abaddon is also evaluating existing lithium prospects for possible joint venture or acquisition.

The Company has over $2 million in its treasury and no debt.

About Consolidated Abaddon Resources Inc.:
Consolidated Abaddon Resources Inc. is a Canadian exploration company actively involved with the development of uranium and lithium properties in the Athabasca Basin of northern Saskatchewan, and in northwestern Ontario.

Property partners include Denison Mines Corp., and Triex Minerals Corp.

For further information on Consolidated Abaddon Resources Inc. (TSX VENTURE:ABN), visit our Company's web site at www.consolidatedabaddon.com.

ON BEHALF OF THE BOARD OF DIRECTORS

JAMES G. PETTIT, President

This news release may contain certain "Forward-Looking Statements" that may involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. For a more detailed discussion of such risks and other factors, refer to the Company's filings with Canadian Securities regulators available on www.sedar.com.

Neither 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.

Contact Information

  • Consolidated Abaddon Resources Inc.
    James G. Pettit
    President
    (604) 687-3376 or Toll Free: 1-800-567-8181
    Fax: (604) 687-3119

    or

    Consolidated Abaddon Resources Inc.
    Don Myers
    Director
    (604) 687-3376 or Toll Free: 1-800-567-8181
    Fax: (604) 687-3119
    Email: info@consolidatedabaddon.com
    Website: www.consolidatedabaddon.com