Abington Treasure King North Shaft Results/Private Placement

Abington Resources Ltd. (TSX VENTURE:ABL)(PINK SHEETS:ABIZF) announces results
of its rock sampling program in the North Shaft area of our Treasure King gold
property in Arizona. 


A total of eighty-five rock samples were taken averaging 20 pounds each. These
large sample sizes were necessary to establish the cause of varied analytical
results reported for gold on the Treasure King chert in the North Shaft area.
The majority of historic drilling was done here by REDCO and Royal Gold in the
late 1980's. All samples were initially fire assayed with AA finish, over limits
with gravimetric finish. 


Seven samples were selected to be re-assayed via metallic screen analysis. These
results are shown below.                          




                        METALLIC SCREEN                ORIGINAL ASSAYS     
---------------------------------------------------------------------------
                      Au          Au          Au             Au          Au
               -100 MESH   +100 MESH       TOTAL       ORIGINAL    ORIGINAL
SAMPLE               ppm         ppm         ppm            ppm         ppb
NUMBER                FA          FA          FA          FA-AA       FA-AA
---------------------------------------------------------------------------
E - 590            1.834        .006        1.76          1.373        1373
---------------------------------------------------------------------------
E - 595            0.909       0.104        0.81          1.041        1041
---------------------------------------------------------------------------
E - 628            1.440       0.261        1.17          1.368        1368
---------------------------------------------------------------------------
E - 646            1.543       0.657        1.38          1.653        1653
---------------------------------------------------------------------------
E - 653            2.657       0.146        2.08          2.078        2078
---------------------------------------------------------------------------
                                                                    greater
                                                                       than
E - 657            4.269       1.775        3.70    4.250 (grav)       3000
---------------------------------------------------------------------------
E - 658            2.640       1.313        2.41          2.193        2193
---------------------------------------------------------------------------

(i) 1.0 ppm = 1.0 gram per metric tonne = 0.029 ounces per ton



All samples were collected by professional geologists and one supervised
assistant not affiliated with Abington. Samples were kept in a locked facility
until picked up by a Skyline Laboratories truck and taken to their lab in
Tucson. Fourteen check analyses were performed by Skyline on the initial pulp
for Quality Control. All assays are from select samples only and are not
indicative of mineralization over mineable widths.


Seven of the 85 samples returned values over 1,000 ppb gold with the Standard
Fire Assay. Thirty-two assayed between 100 ppb and 893 ppb gold. The balance ran
from less than 5 ppb Au to 96 ppb Au. The highest assay was 4.25 grams per
metric ton (.124 ounces per ton). 


Comparing the check analyses and reported results, using an arbitrary cut-off of
50 ppb in the original sample assays, there appears to be a difference of 13.4%.
Comparing the average difference between the calculated total gold from the
metallic screen analyses and gold from the original pulps resulted in an average
difference of 12.7%. These results suggest that if nugget effect exists in the
Treasure King chert, it is very localized.


The average difference between the original and check pulps from the
property-wide database (14%) and the Treasure King database (13.4%), and the
average difference between the original pulps (13.4%) and the metallic screen
analyses (12.7%) from the current program. suggests selecting overly large
volumes of sample and total pulverization is not necessary when drilling the
Treasure King chert. It appears that variation in the FeOx (iron oxide) clot
distribution in each sample contributes to sample heterogeneity and associated
lack of reproducibility.


In addition to the sampling, geological contacts of the chert were mapped at a
more detailed scale than previous property-wide mapping showing textural and
mineralogical variation within the rock. Outcrops illustrating these alterations
were photographed and could be used during drill core logging.


Our geologist had suggested two possibilities for future exploration as outlined
in the Abington news release dated June 7, 2011. Number one was this phase of
larger size samples to rule out the "nugget effect" affecting the degree of
reproducibility. It has now been established that sample size and total
pulverization is not necessary when drilling the Treasure King chert.


Number two was the possibility that grade increases with depth. It does appear
that zoning exists in the chert which could suggest that any outcrops with
detectable gold no matter how weak the anomaly, could be drilled. Anomalous gold
results have been generated along the five major trends on the property. 


After additional consultation with our geologist, Abington intends to discuss
the potential for obtaining large pit and/or drill permits with regulatory
bodies in Arizona. The Company will utilize the knowledge gained from this
sampling program to minimize reproducibility issues based on the heterogeneous
nature of the alteration and mineralization in future work on the Treasure King
chert.


Private Placement

Abington Resources Ltd. is pleased to announce it has arranged a non-brokered
private placement of up to 2,000,000 units at a price of $0.60 per unit, for
total gross proceeds of up to $1,200,000 subject to regulatory approvals. Each
unit will consist of one common share and one non-transferable common share
purchase warrant exercisable at $0.85 for 24 months after the closing. One (1)
warrant shall be required to exercise each one (1) common share at the exercise
price. Proceeds will be used for work on existing properties both mining and
petroleum, working capital, general and administration expenses, and reserve for
evaluation and acquisition of new properties.


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."