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Consolidated Abaddon Resources Inc.: Consolidated Abaddon Staking and Evaluating Lithium Prospects

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^{Published in Business and Finance on Monday, August 24th 2009 at 4:17 GMT, Last Modified on 2009-08-24 04:17:39 by Market Wire}  

VANCOUVER, BC--(Marketwire - August 24, 2009) -

 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@consolidatedabaddon.com ] Facsimile: (604) 687-3119 

NEWS RELEASE

August 24, 2009

Consolidated Abaddon Staking and Evaluating Lithium Prospects

Vancouver, BC - Consolidated Abaddon Resources Inc. (TSX-V: [ ABN ]) (FWB: E2L) announces that it is in the process of staking high potential lithium prospects in North America. The Company is also evaluating existing lithium prospects for possible joint venture or acquisition.

Consolidated Abaddon expects its staking and evaluation of lithium prospects to be completed by the end of August.

The Company has approximately $2 million in its treasury and no debt.

About Consolidated Abaddon Resources Inc.:

Consolidated Abaddon Resources Inc. is a Canadian exploration company actively involved with the development of uranium properties in the Athabasca Basin of northern Saskatchewan, 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 our Company's web site at [ www.consolidatedabaddon.com ].

 ON BEHALF OF THE BOARD OF DIRECTORS "Jim Pettit" ____________________________ JAMES G. PETTIT President For further information contact myself or: Don Myers Consolidated Abaddon Resources Inc. Director Telephone: 604-687-3376 Toll Free: 800-567-8181 Facsimile: 604-687-3119 Email: [ info@consolidatedabaddon.com ]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that 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 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. For a more detailed discussion of such risks and other factors, refer to the Company's filings with Canadian 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.

Consolidated Abaddon Staking and Evaluating Lithium Prospects: [ http://hugin.info/135766/R/1336558/318137.doc ]

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