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ABL

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Share Name Share Symbol Market Type
TSXV:ABL TSX Venture Common Stock
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Abington Orientation Soil Sample Results

10/12/2010 4:45pm

Marketwired Canada


Abington Resources Ltd. (TSX VENTURE:ABL)(PINK SHEETS:ABIZF) is pleased to
announce the soil sample results of the Orientation Survey on our Treasure King
gold property near Mayer, Arizona.


Forty-eight soil samples were taken to corroborate historic values returned by
Royal Gold and to determine if two selective analytical techniques for gold
would prove useful for future exploration. The Standard fire assay and EL were
performed by Skyline Labs in Tucson, Arizona, while the MMI (Mobile Metal Ion)
was sent to SGS in Toronto.




------------------------------------   ------------------------------------
Analysis         Au       Au           Analysis         Au       Au        
Units Limit     ppb      ppb      Au   Units Limit     ppb      ppb      Au
Package           5    0.005     ppb   Package           5    0.005     ppb
Code           Fire   Enzyme     0.1   Code           Fire   Enzyme     0.1
SAMPLE ID     Assay    Leach     MMI   SAMPLE ID     Assay    Leach     MMI
------------------------------------   ------------------------------------
E-1000           41    0.019       1   E-1030            6    0.021     1.3
E-1001           19    0.216       5   E-1031            5    0.018     0.9
E-1002           20    0.193    13.9   E-1032            5    0.018     0.7
E-1003           10    0.105     3.5   E-1033            6    0.021     0.9
E-1004           29    0.111     8.4   E-1034           14    0.059     3.3
E-1005           47    0.144     8.9   E-1035           32    0.089     5.4
E-1006           22    0.112     7.2   E-1036        L.N.R.   L.N.R.  L.N.R.
E-1007           41    0.119     9.1   E-1037           48    0.234    11.7
E-1008           23    0.084     7.3   E-1038        L.N.R.   L.N.R.  L.N.R.
E-1009           15    0.040     4.8   E-1039           28    0.192    10.4
E-1010           11    0.074     2.7   E-1040  less than 5    0.017     1.2
E-1011            9    0.029     2.4   E-1041  less than 5    0.013     0.7
E-1012            6    0.034     1.3   E-1042            6    0.038     0.7
E-1013          443    0.141     5.9   E-1043           12    0.021     1.1
E-1014          943    0.110    17.7   E-1044            6    0.023     0.6
E-1015          112    0.184    24.2   E-1045            5    0.040     0.8
E-1016          496    0.262    21.2   E-1046  less than 5    0.009     0.6
E-1017          151    0.317    21.8   E-1047  less than 5    0.027     0.8
E-1018           18    0.173     8.7   E-1048  less than 5    0.032     0.7
E-1019            6    0.052     1.5   E-1049  less than 5    0.051     0.8
E-1020  less than 5    0.016     1.2   
E-1021            6   -0.005     0.9   L.N.R. Listed not received
E-1022           10    0.029     1.7   ------------------------------------
E-1023          162    0.212      28
E-1024          448    0.768    56.5
E-1025          396    1.920    61.1                                       
E-1026          780    0.826    79.6                                       
E-1027          449    0.841    44.4                                       
E-1028          153    0.319      23                                       
E-1029           71    0.224      14                                       
E-1030            6    0.021     1.3                                       
------------------------------------                                       



These selective geochemical extraction techniques MMI and EL are complex and are
interpreted on contour maps and graphs by professionals. They are likened to
geophysical techniques such as magnetometer surveys. Both are used to "see"
mineralization at depth. The numbers are not as meaningful as the patterns
generated on maps. Standard soil samples (Fire Assay) will have much higher
concentrations of dissolved elements and as such, the assay numbers are much
higher. MMI and EL report only the values for ions desorbed off the mineral
surfaces in the soil. These assays are a small sampling only and are not
indicative of mineralization over mineable widths.


Eleven of forty-eight samples returned values over 100 ppb gold with the
Standard Fire Assay. The highest soil assay was 943 ppb. Ten samples were taken
in each of five lines with fifty foot spacing by professional geologists.


Abington Line A - South Shaft area (samples E1000-1009) - Roughly corresponding
to Royal Gold's soil Line 1, Abington's assays were lower than Royal Gold's but
showed values of anomalous gold at every sample site. After plotting these
Standard/EL/MMI samples on a graph, the profile suggests the anomaly is
increasing with depth indicating a possible drill target.


Abington Line B - Main Shaft area (E-1010-1019) - Approximately 1/3 of a mile
north of Line A, this line is close to the location of Royal Gold's Line 4. A
similar pattern of high gold values occur where both lines cross the ridge top
mineralization and nearby samples on the ridge's west side. Here, Abington's
results are higher than Royal Gold's.


Abington Line C - North Shaft area (E-1020-1029) - Approximately 2/3 of a mile
north of Line B, this line was in the area of the previously drilled Treasure
King outcrops. Mineralized chert could not be sampled as there was no soil
present. Samples were taken to the east and west and were strongly anomalous
with the strongest anomaly in the alteration. The EL and MMI extraction
techniques generated a similar pattern to the standard soil profile suggesting
the gold distribution observed at the surface continues to depth.


Abington Lines D, E - North Shaft area five hundred feet apart (E-1030-1039,
E-1040-1049) - Five hundred feet south of Line C, samples were collected in
areas with no observed Proterozoic outcrops. None of the three techniques
detected gold over the projected mineralized chert horizon, but anomalous gold
was found in footwall alteration. On Line E, a weak standard soil gold anomaly
was detected, suggesting the Tertiary basalt is not very thick and iron-rich
chert may lie just below the surface. There has been no history of soil testing
in the Line E area. 


The Standard soil analysis, MMI and Enzyme Leach analysis all indicate the
presence of gold mineralization when sampled over altered and mineralized
Proterozoic rock units.


Both the rock sample results outlined in Abington's news release dated October
15, 2010, and the soil results described herein, indicate the rock units are
favorable for further discovery of stratabound-stratiform gold mineralization
related to various hydrothermal alteration systems and associated chemical
sediments (cherts) as indicated at the Treasure King locality.


The next phase will involve more localized mapping and soil and rock sampling of
the three historic known zones and the two anomalous zones found during our rock
sampling program. These steps are an integral part of our view to twinning
historic drill holes and to delineate other potential drill targets.


The technical portion of this release has been reviewed by Qualified Person
Laurence Sookochoff, P. Eng.


ABINGTON RESOURCES LTD. is engaged in the acquisition, exploration, development
and production of precious metals and natural resources. The Company has no debt
(other than short-term payables) and derives an income from oil wells in Western
Canada.


ON BEHALF OF THE BOARD

Walter Brenner, Director, President & Chief Executive Officer

The forgoing is for informational purposes only, and is not to be construed as
an offer to buy or sell securities in any jurisdiction. It may contain
forward-looking statements. While the data compiled by management is from
sources deemed to be reliable, actual future results may vary materially.
Abington Resources Ltd. does not assume the obligation to update any
forward-looking statement. Historically reported results may not be NI 43-101
compliant, therefore caution should be used in relying on such information. We
seek safe harbor.


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