Abington Treasure King Phase 1 Results

   Abington Resources Ltd. (TSX VENTURE: ABL)(PINK SHEETS: ABIZF) announces results of the Phase 1 project work on our Treasure King gold property 65 miles north of Phoenix, Arizona. This stage included additional geological mapping, surveying in of existing roads and pads, estimating the locations of historic drill collars, and additional lithogeochemical sampling to add to our database.

A total of fifty rock samples were taken primarily from chert horizons. The following table shows the Phase 1 initial sample results on the three main areas targeted by Royal Gold and REDCO - the North Shaft, Main, and South Shaft areas. These are the initial tests performed via fire assay and finished with atomic absorption.

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Analysis   Treasure        Au     Au Analysis   Treasure           Au     Au
Units      King           ppb   g/Mt Units      King              ppb   g/Mt
Limit      Location         5 Equiv. Limit      Location            5 Equiv.
SAMPLE ID                            SAMPLE ID
------------------------------------ ---------------------------------------
E-810      North Shaft    249        E-828      Main Shaft        412
E-811      North Shaft     23        E-829      Main Shaft        221
E-812      North Shaft     51        E-830      Main Shaft        360
E-813      North Shaft     89        E-831      South Shaft        22
E-814      North Shaft     47        E-832      South Shaft       101
E-815      North Shaft    651        E-833      South Shaft        87
E-816      North Shaft    106        E-834      South Shaft      less
                                                               than 5
E-817      North Shaft    406        E-835      South Shaft      1558   1.56
E-818      North Shaft   2547   2.55 E-836      South Shaft   greater
                                                                 than
                                                                 3000   6.93
E-819      North Shaft     21        E-837      South Shaft       448
E-827      Main Shaft     285

------------------------------------ ---------------------------------------

Samples were collected, handled and submitted to Skyline Labs in Tucson by professional geologists. These assays are from grab samples only and are not indicative of mineralization over mineable widths.

Sixteen of fifty samples returned values over 100 ppb gold with the Standard Fire Assay. The highest rock assay was 6.93 grams per metric ton. There were four results higher than 1 g/Mt. One in the North Shaft area (2.55 g/Mt), two in the South Shaft area (1.56 and 6.93 g/Mt) and one in the East Main shaft area (sample E-823 ran 3.53 g/Mt).

The rest of the samples taken were from random chert horizons and altered volcanic rocks located mainly to the west of the three target areas on the claim block. These assays ranged from less than 5 ppb Au to 618 ppb Au.

There is a variation in the gold distribution along the Treasure King chert and in the altered felsic tuffs to the east. Most gold values on surface are not in the range of the projected average grade calculated from historic drilling done on the property. Abington requested a 300 gram metallic screen analysis and a re-check of pulp to rule out several possibilities. This is to insure that the assays are a true reflection of our sampling on surface. Our geologist selected seven samples for re-testing. The results from Skyline Labs Tucson follow here:

               METALLIC SCREEN        ORIGINAL ASSAYS               RE-CHECK
----------------------------------------------------------------------------
                 Au        Au    Au       Au       Au                     Au
          +100 MESH -100 MESH TOTAL ORIGINAL ORIGINAL                  CHECK
SAMPLE          ppm       ppm   ppm      ppm      ppb                    ppb
NUMBER           FA        FA    FA    FA-AA    FA-AA                  FA-AA
----------------------------------------------------------------------------
E-817          0.17      0.34  0.33    0.406      406                    318
----------------------------------------------------------------------------
E-818          0.72      2.13  2.06    2.547     2547                   2268
----------------------------------------------------------------------------
E-823          7.03      2.85  3.24     3.53     3530   Gravimetric=Original
----------------------------------------------------------------------------
E-827          0.62      0.21  0.22    0.285      285                     91
----------------------------------------------------------------------------
E-835          0.38       1.2  1.13    1.558     1558                   1322
----------------------------------------------------------------------------
E-836          6.41       7.1  7.01     6.93     6930   Gravimetric=Original
----------------------------------------------------------------------------
E-837           0.1      0.17  0.17    0.448      448                    398
----------------------------------------------------------------------------

The potential nugget affect is noted in samples E-823 and E827 but the results were not appreciably different from the original assays. In general, it appears the fire assays with gravimetric finish are lower than the fire assays with atomic absorption finish.

Our geologist suggests two possibilities for future exploration.

1. The geological and mineralogical heterogeneities in the rock unit sampled are causing the extremely varied analytical results reported for gold. This would require more samples of larger size to characterize the more exact distribution within the outcrop. Future drilling would require large core diameter. Intercept grade would have to be calculated based on a normalized average consistent with the length of core represented by each sample.

2. The average surface samples have lower gold values than that of the historic drill core samples. It is possible that grade increases with depth. It may be that vertical and potential lateral zoning exists in the chert at Treasure King. This may suggest that any outcrops with detectable gold no matter how weak the anomaly, could be drilled on the property.

Anomalous gold results have been generated along the five major trends on the property. Our sampling program has shown the South Shaft trend is open to the north and to the south. The East Main Shaft trend has been extended to the north. The Main Shaft area is a trend extending from the main shaft northward through another shaft within altered volcanic rocks.

A follow-up sampling program is being planned. This will involve much larger samples to reduce the effect on assays of the heterogeneities that exist in the rock unit. Samples assaying over the upper detection limit will be re-analyzed by Fire Assay (gravimetric). High grade samples will be re-analyzed by metallic-screen. Intercepts in future will be evaluated using cut-value and Log10 normalization protocols when deemed necessary by our geologist.

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."

"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."

Contacts: Abington Resources Ltd. Barry Underhill 604-683-6657 [e-mail] www.abingtonresources.com