Consolidated Abaddon Acquires 7 Rare Earth and Lithium Claim Blocks

Consolidated Abaddon Acquires 7 Rare Earth and Lithium Claim Blocks

ID: 5679

(Thomson Reuters ONE) - Suite 2230, 885 West Georgia Street, Vancouver, BC, V6C 3E8, CANADA www.consolidatedabaddon.com Trading Symbol (TSX-V: ABN), (Frankfurt: Telephone: (604)E2L) 687-3376Email: info(at)consolidatedabaddon.com Facsimile : (604) 687-3119NEWS RELEASESeptember 10, 2009 Consolidated Abaddon Acquires 7 Rare Earth and Lithium Claim BlocksVancouver, BC - Consolidated Abaddon Resources Inc. (TSX-V: ABN)(FWB: E2L) is pleased to announce the acquisition, via staking, of 7rare earth metal and lithium claim blocks consisting of 3500 acres.The Company's new Gamma Lake property is located approximately 150 kmnorth of Red Lake, Northwestern Ontario, along the contact of theBerens River Subprovince, and the Sachigo Subprovince. Theproperty is associated with the discovery of spodumene / lithiumpegmatites in the general area. A major northwest-southeast trendingregional structure, the Bearhead Lake Fault, traverses the length ofthe Gamma Lake property and separates two contrasting terrains. Gamma Lake property map:http://www.consolidatedabaddon.com/s/Image.asp?i=maps/ABN_Gama_Lake_Property.jpgConsolidated Abaddon is also evaluating existing lithium prospectsfor possible joint venture or acquisition.The Company has over $2 million in its treasury and no debt.About Consolidated Abaddon Resources Inc.:Consolidated Abaddon Resources Inc. is a Canadian exploration companyactively involved with the development of uranium and lithiumproperties in the Athabasca Basin of northern Saskatchewan, and innorthwestern Ontario.Property partners include Denison Mines Corp., and Triex MineralsCorp.For further information on Consolidated Abaddon Resources Inc.(TSX-V: ABN), visit our Company's web site atwww.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.comNeither TSX Venture Exchange nor its Regulation Services Provider (asthat term is defined in the policies of the TSX Venture Exchange)accepts responsibility for the adequacy or accuracy of this release.This news release may contain certain "Forward-Looking Statements"that may involve a number of risks and uncertainties. There can be noassurance that such statements will prove to be accurate, and actualresults and future events could differ materially from thoseanticipated in such statements. For a more detailed discussion ofsuch risks and other factors, refer to the Company's filings withCanadian Securities regulators available on www.sedar.com .This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Bereitgestellt von Benutzer: hugin
Datum: 10.09.2009 - 14:00 Uhr
Sprache: Deutsch
News-ID 5679
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