Consolidated Abaddon Drill Program Begins on Raleigh Lake Lithium Project
(Thomson Reuters ONE) - Consolidated Abaddon Resources Inc. / Consolidated Abaddon Drill Program Begins on Raleigh Lake Lithium Project processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement. Suite 2230, 885 West Georgia Street, Vancouver, BC, V6C 3E8, CANADA www.consolidatedabaddon.com Trading Symbol (TSX-V: ABN), (Frankfurt: E2L) Telephone: (604) 687-3376 Email: info(at)consolidatedabaddon.com Facsimile : (604) 687-3119 NEWS RELEASEFebruary 12, 2010 Consolidated Abaddon Drill Program Begins on Raleigh Lake Lithium ProjectVancouver, BC - Consolidated Abaddon Resources Inc. (TSX-V: ABN) (FWB: E2L) (the"Company") announces that its winter phase one 2010 drill program has commencedon its Raleigh Lake Lithium project located in the Kenora Mining Division,Northwestern Ontario. Raleigh Lake Lithium project location map: http://www.consolidatedabaddon.com/s/Image.asp?i=maps/Ignace.jpgThe Raleigh Lake Lithium property is ideally located 5 km south of the TransCanada Highway between the towns of Dryden and Ignace, Ontario. Accessibility tothe property is also readily available with infrastructure and power nearby.A phase one drill program consisting of 6 holes totalling approximately 1400metres is being carried out by Rodren Drilling of Winnipeg, Manitoba. Raleigh Lake Lithium proposed 2010 drill holes:http://www.consolidatedabaddon.com/s/Image.asp?i=maps/2010_Raleigh_Lake_Proposed _Holes.jpgA detailed magnetometer survey was completed across the entire Raleigh LakeLithium property in November 2009. Structural interpretations from the magneticdata were used in the targeting of the phase one 2010 drill holes on theproperty.Only a few shallow holes were drilled on the Raleigh Lake property by AvalonVentures Ltd. in 1999 and 2000. Historic data available in the OntarioGovernment geological files reflect certain significant intersections below.Hole # RL 99-01 0.56 % Li (lithium) over 3.2 metresHole # RL 99-04 1.00 % Li over 4.1 metresHole # RL 99-05 1.50 % Li over 6.9 metresLithium and Tantalum on the Raleigh Lake property are associated with a shallowdipping pegmatite system that crosscut mafic volcanic rocks. These volcanicrocks flank granitic intrusives. The structural elements from the magnetometersurvey identified structural areas where "ground preparation" may have lead tothicker and more prospective sections of pegmatite. Several rock geochemicalanomalies are aligned with interpreted structures in the general area ofprevious intercepts and will be further tested.The Raleigh Lake Lithium-bearing pegmatites have been known in the area sincethe 1960s. Ontario Provincial Government mapping in the 1990s identified apegmatite field trending through the area. A very modest drill program conductedby Avalon Ventures Ltd. in 1999 and 2000 defined several stacked shallow dipping(20 to 30 degrees) lithium bearing dikes in several drill holes. Thicknessesranged from one to eight metres and were shown to continue 450 metres down dip.Drill holes were relatively shallow and broadly spaced. The pegmatites appearvery uniform at the spacing used and occur in volcanic rock flanking graniticintrusions.Consolidated Abaddon has approximately $2.3 million in its treasury and no debt.David Busch, BA, BSc, PGeo, is the qualified person under the meaning ofNational Instrument 43-101 and has reviewed the data in this news release.About Consolidated Abaddon Resources Inc.:Consolidated Abaddon Resources Inc. is a Canadian exploration company activelyinvolved with the development of uranium and lithium properties in the AthabascaBasin of northern Saskatchewan and in northwestern Ontario.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. PETTITPresidentFor further information contact myself or:Don MyersConsolidated Abaddon Resources Inc.DirectorTelephone: 604-687-3376Toll Free: 800-567-8181Facsimile: 604-687-3119Email: info(at)consolidatedabaddon.com NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTSRESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.This news release may contain certain "Forward-Looking Statements" that mayinvolve a number of risks and uncertainties. There can be no assurance that suchstatements will prove to be accurate, and actual results and future events coulddiffer materially from those anticipated in such statements. For a more detaileddiscussion of such risks and other factors, refer to the Company's filings withCanadian Securities regulators available on www.sedar.com.[HUG#1383785] --- End of Message --- Consolidated Abaddon Resources Inc.Suite 1490 - 885 West Georgia Street Vancouver CanadaWKN: 935334;ISIN: CA20855Q1063;
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Datum: 12.02.2010 - 04:00 Uhr
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