Consolidated Abaddon Resources Inc.

Consolidated Abaddon Resources Inc.

September 11, 2007 11:48 ET

Consolidated Abaddon Resources Inc.: Triex to Start Drill Program on Mann Lake Uranium Project, Athabasca, Saskatchewan

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 11, 2007) - Consolidated Abaddon Resources Inc. (TSX VENTURE:ABN) (FRANKFURT:E2L) announces that Triex Minerals Corp. has informed the Company that a six-week diamond drill program is planned for the Mann Lake uranium property in the eastern Athabasca Basin of Northern Saskatchewan starting in November 2007.

Athabasca Basin, Saskatchewan Claims Map:

This program will follow up on pervasive clay alteration identified in Athabasca group sandstone for up to 90 metres above the unconformity in hole MN06-002 completed last fall. Hole MN06-002 is located on an east-west structure which is defined by a ground-based gravity survey and is also evident as a crosscutting feature on a high resolution, airborne magnetic and EM survey. Four holes are planned for a total of 3,000 to 3,500 metres and will test in more detail the mineral potential of the structure.

The Mann Lake property is located in the eastern Athabasca Basin in Northern Saskatchewan. It is approximately 25 kilometres southwest of the McArthur River mine, the largest high-grade uranium deposit in the world, and approximately 15 kilometres to the northeast of Cameco Corp.'s recently discovered Millennium deposit. The Mann Lake area is being actively explored. Cameco Corp. continues to explore on its property immediately adjacent to the Mann Lake property, following up on basement-hosted uranium mineralization discovered during its 2006 summer drilling season.

Triex has the option to earn up to a 70-per-cent interest in the Mann Lake uranium property from Consolidated Abaddon Resources Inc. The property consists of one claim covering 3,473 hectares. Triex currently owns 51 per cent and is the operator.

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.

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

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


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 Exchnage 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
    (604) 687-3376 or Toll Free: 1-800-567-8181
    Consolidated Abaddon Resources Inc.
    Don Myers
    (604) 687-3376 or Toll Free: 1-800-567-8181
    (604) 687-3119 (FAX)