Consolidated Abaddon Resources Inc.

Consolidated Abaddon Resources Inc.

September 09, 2005 14:54 ET

Consolidated Abaddon Resources Inc.: Exploration Results on Huard-Kirsch Lakes Uranium Property, Athabasca, Saskatchewan

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 9, 2005) - Consolidated Abaddon Resources Inc. (TSX VENTURE:ABN) (the Company) is pleased to report the first quantitative results from its spring / summer 2005 exploration programs on the Company's east Athabasca Basin uranium projects. The exploration programs were carried out on the Company's Huard-Kirsch Lakes project and on its Mann Lake project, covering approximately 40,000 acres (160 sq. km). The properties are located 50 km inside the eastern rim of the Athabasca Basin in northern Saskatchewan.

The Huard-Kirsch Lakes property lays approx. 15 km to the northwest of the McArthur River Uranium Mine and 40 km to the west-southwest of the Cigar Lake Mine, both operated by Cameco Corporation and both of which have all weather road access.


The Huard-Kirsch Lakes property is known to be underlain by the Athabasca Group sandstone, which is interpreted to be 500 to 700 metres thick. Fugro Airborne Surveys completed a Megatem EM and magnetic survey over the property in early spring 2005. The survey consisted of approx. 550 line kilometres of profiles. The 2005 aeromagnetic coverage indicates an east-northeast oriented lineation (B) traversing the length of the property, and is interpreted to represent a basement fault. Major structural components of this type, in this region, commonly display sinistral displacements. A strong northwest structural component is also evident from the magnetic data as evidenced by the termination of the magnetic high region. The dominant EM responses from this airborne coverage are from the vicinity of a basement conductor system (Ens Lake conductor) outlined by Cogema Resources on the adjacent claim block to the east. The newly defined anomalous EM feature in the Megatem coverage appears to be a linear, 4 kilometre-long northwest trend. (The dominant conductors in this region seem to follow northwest-southeast orientations) The Megatem data shows a trend of EM responses extending as a possible offset continuation of the Ens Lake conductor (Cogema previous data 1994) This probable basement conductor trend (A) extends for a strike length of 8 km within the Huard-Kirsch Lakes property. The east-northeast trending conductor segments represent conductive zones within the northeast trending Cushing Creek fault. This fault has been traced by previous Cogema Resources ground surveys. The northeast trending conductive features evident from the Megatem survey may be associated with a very prominent regional structure, which would enhance its prospectivity.

The Company is now proposing that ground EM surveys (moving loop TEM profiles) be carried out at 2 km intervals along strike on all of the newly defined targets. Depending on results, this could provide several widely spaced targets for initial drill testing on the Huard-Kirsch Lakes property this coming winter.

David J. Busch, B.A., B.Sc., PGeo. is the qualified person, under the meaning of National Instrument 43-101, and has reviewed the data in this News Release.

Consolidated Abaddon Resources Inc. is a Canadian uranium exploration company actively involved with the development of uranium properties in the ATHABASCA BASIN of northern Saskatchewan and the SIMS BASIN of northwestern Labrador.

For further information on Consolidated Abaddon Resources Inc. (TSX.V: ABN), visit the Company's web site at


James G. Pettit

This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various 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. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

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