SOURCE: AAA Energy Inc.

April 28, 2008 07:30 ET

AAA Energy Concludes Positive Review on LiJiaWa Moly Prospect

RENO, NV--(Marketwire - April 28, 2008) - Further to its news release dated April 22, 2008, AAA Energy Inc. (OTCBB: AAAE) (FRANKFURT: AAV) (WKN: A0MUFJ), hereby provides its initial interpretation and conclusion on the LiJiaWa Moly prospect following an extensive review of preliminary data provided by Chinese operators as well as site visit and sampling work undertaken by the Company on the said property.

Commented Dr. Earl Abbott, President of AAA Energy: "Based on the data provided by the owners of the LiJiaWa prospect, it appears that it has the possibility to contain a large molybdenum deposit of the type targeted by AAA Energy. Levels of Mo (molybdenum), Pb (lead), and Zn (zinc) in the drill holes and trenches are consistent with Climax-type molybdenum deposits. Climax-type molybdenum deposits are believed to be common in the Jinduicheng/Luanchuan area and these represent the largest deposits in the area.

Higher Pb (lead) and Zn (zinc) values are known to occur in the periphery of Climax-type molybdenum mineralization systems and the Pb and Zn values at LiJiaWa appear to be consistent with the edge of a large molybdenum system. Also, the granitic porphyry body that is the focus of the mineralization is a sill-like body that dips to the northeast as far as is known. It is possible that the focus of the previous work was on the edge of a very large system.

Further work on the LiJiaWa prospect should be directed toward gaining an understanding of the system that produced the mineralization that has been documented, producing a model of the entire system. That model should then be drilled to the three dimensional location where the center of the envisioned ore body is located. The drilling should be precisely targeted to reach that three dimensional location. This way, a major discovery can be made with a minimum of drilling, minimum of time, and a minimum of expenditure."

Further Information

Please feel free to call Investor Relations in Europe at 0800 22 338 8259 and Investor Relations in North America at 1 516 659 6677 or visit us at www.aaa-energy.com.

About AAA Energy Inc.

AAA Energy Inc. is a publicly traded mineral and natural resource exploration company with its head office located in Reno, Nevada. AAA Energy Inc. aims to secure and develop a portfolio of high quality resource properties globally and in under-explored resource horizons. AAA Energy Inc. trades on the NASDAQ OTC BB under the ticker symbol: AAAE.

On behalf of the Board
Dr. Earl Abbott, President

Forward-Looking Statements

Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management, including, but not limited to, the Company's belief that AAA Energy Inc. can identify and successfully negotiate leases for natural and mineral resource properties in China and elsewhere, and that the Company can participate in the exploration of these resource properties. Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. Additional information on risks and other factors that may affect the business and financial results of the Company can be found in filings of the Company with the U.S. Securities and Exchange Commission.

Contact Information

  • Contacts:
    AAA Energy Inc.
    Investor Relations in Europe:
    0800 22 338 8259
    Investor Relations in North America:
    1 516 659 6677