suedunnell wrote: Hi Again - I should add my name to comment #1 above and ask that if anyone has questions, they can either post them here or ask me directly:
Sue Dunnell
PowerBuilder Product Manager
978 287 1752
sue.dunnell@sybase.com
VANCOUVER, BC -- (MARKET WIRE) -- 02/07/07 -- Consolidated Abaddon Resources Inc. (TSX-V: ABN) (FWB: E2L) announce that Denison Mines Corp. (TSX: DML) has informed
the Company that a diamond drill program on the Huard-Kirsch Lakes property
is planned for March 2007. The Huard-Kirsch Lakes property is located in
the eastern Athabasca Basin of northern Saskatchewan and is situated
approximately 20 km to the northwest of Cameco's McArthur River Uranium
Mine. The Huard-Kirsch Lakes property consists of approximately 13,500
hectares. Denison Mines Corp. has the option to earn a 51% interest in the
property from Consolidated Abaddon by incurring $1,500,000 of exploration
expenditures on or before November 1, 2008 (see November 2, 2005, news
release). Denison Mines is the project operator.
A total of approximately 1,700 metres of drilling is planned for the
Haurd-Kirsch Lakes project this winter. A winter road to provide access to
the property is currently being established by the contractor (Boart
Longyear Inc.).
Denison Mines has completed several exploration surveys on the Huard-Kirsch
Lakes project to date. Exploration has consisted of grid establishment,
boulder geochemistry, airborne and ground geophysics. Denison Mines is
preparing to test a broad basement conductor at an interpreted depth of 750
metres below surface. The property is interpreted to be underlain by a
conductive meta-sedimentary sequence that has never been drill tested.
Interpretations of this data suggest that the anomaly represents a
favorable target for exploration for unconformity uranium deposits.
The Company looks forward to a successful 2007 winter drill season on
the Huard-Kirsch Lakes project.
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 and the SIMS BASIN of
western Labrador.
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
THE TSX VENTURE EXCHANGE AND FRANKFURT STOCK EXCHNAGE HAVE NOT REVIEWED AND
DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT
OF THIS NEWS RELEASE.
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.
Consolidated Abaddon Resources Inc.
Suite 1490, 885 West Georgia Street, Vancouver, BC, V6C 3E8, CANADA
www.consolidatedabaddon.com
Trading Symbol (TSX.V: ABN), (Frankfurt: Telephone: (604)
E2L) 687-3376
Email: info@consolidatedabaddon.com Facsimile: (604)
687-3119
For further information contact:
Don Myers
Consolidated Abaddon Resources Inc.
Director
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: Email Contact