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Sept 11, 2007
NEWS RELEASE
Triex To Start Drill Program on Mann Lake
Uranium Project,
Athabasca, Saskatchewan
Vancouver, BC - Consolidated Abaddon Resources Inc. (TSX-V: ABN) (FWB: E2L)
announces that Triex Minerals Corp. (TSX-V:
TXM) 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: http://www.consolidatedabaddon.com/i/maps/ABN_Athabasca_Map_11X17.jpg
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-V: ABN), visit the Company’s web site at www.consolidatedabaddon.com.
ON
BEHALF OF THE BOARD OF DIRECTORS
“Jim Pettit”
____________________________
JAMES
G. PETTIT
President
Issued and Outstanding
36.1 million shares
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