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

Consolidated Abaddon Resources Inc.

November 15, 2007 09:01 ET

Consolidated Abaddon Resources Inc.: Triex Begins Drilling at Mann Lake Uranium Project, Athabasca, Saskatchewan

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 15, 2007) - Consolidated Abaddon Resources Inc. (TSX VENTURE:ABN) (FRANKFURT:E2L) announces that Triex Minerals Corp. has informed the Company that a diamond drill rig has been moved to Consolidated Abaddon's 49% / Triex Minerals 51% owned Mann Lake uranium property located in the heart of the eastern corridor of the Athabasca Basin of Northern Saskatchewan, 25 kilometres southwest of McArthur River uranium mine.

Athabasca Basin Claims Map: http://www.consolidatedabaddon.com/i/maps/ABN_Athabasca_Map_11X17.jpg

Drilling is now underway at the Mann Lake project. Four holes are planned for a total of 3,200 metres. Two holes will be spaced closely around hole MN06-002, completed in September 2006, which intersected 90 metres of intensely fractured, strongly bleached, and locally pervasively illite-altered sandstone at the base of the Athabasca Group.

See 2006 core photo at: http://www.consolidatedabaddon.com/s/Image.asp?i=maps/ABN-MannCores.gif

Two additional holes will test a second target area on the property not tested during last year's program. The Mann Lake area continues to be active. Cameco Corporation carried out extensive drilling this summer to follow up basement-hosted mineralization discovered in 2006 on their joint venture property, which is on the eastern border of the Mann Lake property.

About Consolidated Abaddon Resources Inc.:

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, Sims Basin of western Labrador, and the Algoma District of northwestern Ontario. The Company is also developing a uranium property east of Moab, Utah.

Property partners include Denison Mines Corp., Triex Minerals Corp., and Utah Uranium 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 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 and Frankfurt Stock Exchange have not reviewed and do not accept responsibility for the adequacy or accuracy of the content of this news release.

Contact Information

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