Cons Abaddon acquires lithium prospects

2009-09-10 09:26 ET - News Release

Mr. Jim Pettit reports

CONSOLIDATED ABADDON ACQUIRES 7 RARE EARTH AND LITHIUM CLAIM BLOCKS

Consolidated Abaddon Resources Inc. has aquired, via staking, of seven rare earth metal and lithium claim blocks consisting of 3,500 acres.

The company's new Gamma Lake property is located approximately 150 kilometres north of Red Lake, Ont., along the contact of the Berens River subprovince, and the Sachigo subprovince. The property is associated with the discovery of spodumene/lithium pegmatites in the general area. A major northwest-southeast trending regional structure, the Bearhead Lake fault, traverses the length of the Gamma Lake property and separates two contrasting terrains.

Consolidated Abaddon is also evaluating existing lithium prospects for possible joint venture or acquisition.

The company has over $2-million in its treasury and no debt.

We seek Safe Harbor.