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September 24, 2009
NEWS RELEASE
Consolidated Abaddon Begins Exploration on Selwyn Lake
Rare Earth Property
Vancouver, BC - Consolidated Abaddon Resources Inc. (TSX-V: ABN) (FWB: E2L) (the ?Company?) announces that an in-depth work program has now commenced on its Selwyn Lake rare earth (REE) property. The Selwyn Lake property includes 13 claim blocks covering 1,219 hectares and is located in the Selwyn Lake Township of the Thunder Bay mining division, province of Ontario. The property is accessible by road and lies four kilometres from a railway.
Selwyn Lake rare earth property location map:
http://www.consolidatedabaddon..com/s/Image.asp?i=maps/
ABN_Regional_Location_Map_Northwestern_Ontario.jpg
A crew has been mobilized to the Selwyn Lake rare earth property in Northwestern Ontario. An exploration program consisting of detailed prospecting, soil sampling and till sampling has now been initiated. A general geological follow up of a previously identified lake sediment anomaly is now under way. The anomaly was identified in 1996 by the Ontario Geological Survey and confirmed with further sampling in 2002 showing mineralization of rare earth elements (REE) with very high iron and thorium counts. The Company will focus on the known Pegmatitic rock types in the area.
Selwyn Lake sediment anomaly map:
http://www.consolidatedabaddon.com/s/Image.asp?i=maps/
ABN_2009_Selwyn_Lake_Claim_Group.jpg
Consolidated Abaddon acquired an option on the Selwyn Lake rare earth claims on September 14th, 2009 covering a large and strong REE, Fe, Mo, Th, U3O8 lake sediment anomaly. The multi element (REE) rare earth element anomaly includes 10 lakes on three drainage systems. The Selwyn Lake anomaly is similar in size and element association to the lake sediment anomaly at Strange Lake rare earth element project of Quest Uranium in Labrador. The Selwyn Lake sediment anomaly is located astride a splay in a regional structural zone that has been the focus of earlier granitic intrusives. The area has potential for rare earth and Olympic dam-style mineralization. There has been limited reported exploration in the area.
About Consolidated Abaddon Resources Inc.:
Consolidated Abaddon Resources Inc. is a Canadian exploration company actively involved with the development of uranium and lithium properties in the Athabasca Basin of northern Saskatchewan and in northwestern Ontario.
Property partners include Denison Mines Corp., and Triex Minerals Corp.
For further information on Consolidated Abaddon Resources Inc. (TSX-V: ABN), visit our Company?s web site at www.consolidatedabaddon.com.
ON BEHALF OF THE BOARD OF DIRECTORS
?Jim Pettit?
____________________________
JAMES G. PETTIT
President
Issued and Outstanding
44.2 million shares |