Abitex reports 4.93% eU3O8 over 5.2 meters on Lavoie property

VAL D'OR, QC, Jan. 14 /CNW Telbec/ - Abitex Resources Inc. (TSX-V: ABE) (the "Company") is very pleased to announce definition drilling results for the "L" deposit on the Lavoie property located in the Otish Mountains region of Quebec.

The 2009 drilling targeted the western half of the "L" deposit Main Lense. Since 2008, 83 holes totaling 11,280 meters have been completed on the Main Lense which has been defined over a 600 meter strike length on a 25 meter drill pattern. The equivalent U3O8 (eU3O8) results from the 2009 program include numerous high grade intercepts such as:

    
    - 4.930% eU3O8 over 5.2m in hole L-09-65
    - 2.801% eU3O8 over 4.4m in hole L-09-55
    - 2.289% eU3O8 over 6.7m in hole L-09-64
    - 0.677% eU3O8 over 7.7m in hole L-09-66
    - 0.393% eU3O8 over 9.0m in hole L-09-63
    - 0.346% eU3O8 over 14.0m in hole L-09-48
    - 0.232% eU3O8 over 16.8m in hole L-09-53
    

Yves Rougerie, President & CEO reports: "We are very pleased with the results of this program which confirm the lateral continuity of the mineralized zones and the presence of high grades over the entire strike length of the deposit. In addition, new areas of enrichment were defined during the drill program as on Section 150E with intercepts of 0.526% eU3O8 over 3.8m and 0.230% eU3O8 over 7.0m. Now that the 2009 results are available, we can move ahead quickly to complete the initial resource estimate for this project."

Very good grades were also reported from holes drilled into satellite lenses along strike from the Main Lense, including 1.402% eU3O8 over 2.0m on Section 558W and 0.160% eU3O8 over 6.1m on Section 180W. The Company believes these results are very encouraging and indicative of the additional resource potential of the satellite lenses.

The 2009 program consisted of 4,780 meters in 43 drill holes (including 4 abandoned holes) completed between June and September 2009. All holes were probed with radiometric instruments following which probe data was corrected and transformed into equivalent U3O8 grades (eU3O8). Results of the 2009 program follow:

    
    -------------------------------------------------------------------------
    Drill
    Hole     Section    From       To  Length     Grade         Zone    eU3O8
    No.                    m        m       m   % eU3O8                  kg/T
    -------------------------------------------------------------------------
    L-09-69     625E     8.00    9.50    1.50     0.030       Gabbro      0.3
    -------------------------------------------------------------------------
    L-09-70     563E    45.40   48.10    2.70     0.431       Gabbro      4.3
    -------------------------------------------------------------------------
                        50.90   53.30    2.40     0.202       Gabbro      2.0
    -------------------------------------------------------------------------
    L-09-71     492E                                NSA
    -------------------------------------------------------------------------
    L-09-48     375E    78.10   92.10   14.00     0.346         Main      3.5
    -------------------------------------------------------------------------
                        78.20   79.20    1.00     1.226         Main     12.3
    -------------------------------------------------------------------------
                        85.10   91.60    6.50     0.506         Main      5.1
    -------------------------------------------------------------------------
                        85.20   86.50    1.30     1.289         Main     12.9
    -------------------------------------------------------------------------
    L-09-49     375E    43.30   44.80    1.50     0.225       Gabbro      2.3
    -------------------------------------------------------------------------
    L-09-50     375E    76.40   83.00    6.60     0.071       Gabbro      0.7
    -------------------------------------------------------------------------
    L-09-51     375E   124.70  125.50    0.80     0.112       Gabbro      1.1
    -------------------------------------------------------------------------
    L-09-52     375E                                NSA
    -------------------------------------------------------------------------
    L-09-41     315E    70.60   73.80    3.20     0.140         Main      1.4
    -------------------------------------------------------------------------
                        72.10   72.60    0.50     0.505         Main      5.1
    -------------------------------------------------------------------------
    L-09-44     315E    71.10   72.30    1.20     0.161       Gabbro      1.6
    -------------------------------------------------------------------------
    L-09-45     315E    70.10   70.70    0.60     0.062         Main      0.6
    -------------------------------------------------------------------------
    L-09-46     315E   124.50  125.60    1.10     0.246       Gabbro      2.5
    -------------------------------------------------------------------------
    L-09-47     315E    64.50   73.10    8.60     0.308         Main      3.1
    -------------------------------------------------------------------------
                        66.90   69.00    2.10     0.696         Main      7.0
    -------------------------------------------------------------------------
    L-09-72     287E    90.80  111.50   20.70     0.174         Main      1.7
    -------------------------------------------------------------------------
                        92.40   93.70    1.30     0.821           ""      8.2
    -------------------------------------------------------------------------
                        94.40   95.60    1.20     0.429         Main      4.3
    -------------------------------------------------------------------------
    L-09-53     256E    85.40  102.20   16.80     0.232         Main      2.3
    -------------------------------------------------------------------------
                        89.80   91.30    1.50     0.730         Main      7.3
    -------------------------------------------------------------------------
    L-09-54     256E    92.60   94.90    2.30     0.058         Main      0.6
    -------------------------------------------------------------------------
    L-09-55     256E    75.50   76.60    1.10     0.221       Gabbro      2.2
    -------------------------------------------------------------------------
                        92.00   96.40    4.40     2.801         Main     28.0
    -------------------------------------------------------------------------
                        92.20   94.20    2.00     4.447       Gabbro     44.5
    -------------------------------------------------------------------------
                        97.60  104.70    7.10     0.226         Main      2.3
    -------------------------------------------------------------------------
                       101.70  102.70    1.00     0.600         Main      6.0
    -------------------------------------------------------------------------
    L-09-56     256E   118.90  119.40    0.50     0.087       Gabbro      0.9
    -------------------------------------------------------------------------
    L-09-57     231E    94.40   98.60    4.20     0.506         Main      5.1
    -------------------------------------------------------------------------
                        97.20   98.30    1.10     1.001         Main     10.0
    -------------------------------------------------------------------------
    L-09-80     231E    37.40   38.20    0.80     0.214       Gabbro      2.1
    -------------------------------------------------------------------------
                        83.20   84.20    1.00     0.159       Gabbro      1.6
    -------------------------------------------------------------------------
                        86.70   87.80    1.10     0.041         Main      0.4
    -------------------------------------------------------------------------
                        96.50  101.00    4.50     0.154         Main      1.5
    -------------------------------------------------------------------------
                        96.50   98.60    2.10     0.312         Main      3.1
    -------------------------------------------------------------------------
                       104.40  105.70    1.30     0.084         Main      0.8
    -------------------------------------------------------------------------
    L-09-59     200E    43.30   51.90    8.60     0.253       Gabbro      2.5
    -------------------------------------------------------------------------
                        43.30   46.30    3.00     0.463       Gabbro      4.6
    -------------------------------------------------------------------------
                        89.20  106.40   17.20     0.077         Main      0.8
    -------------------------------------------------------------------------
                        89.50   90.80    1.30     0.320         Main      3.2
    -------------------------------------------------------------------------
                       109.90  115.00    5.10     0.614         Main      6.1
    -------------------------------------------------------------------------
                       110.20  111.80    1.60     1.805         Main     18.1
    -------------------------------------------------------------------------
    L-09-61     200E    65.20   67.60    2.40     0.763         Main      7.6
    -------------------------------------------------------------------------
                        65.40   66.80    1.40     1.286         Main     12.9
    -------------------------------------------------------------------------
    L-09-62     200E   123.60  127.40    3.80     1.060         Main     10.6
    -------------------------------------------------------------------------
    L-09-64     179E    54.50   58.10    3.60     0.315       Gabbro      3.2
    -------------------------------------------------------------------------
                        86.80   93.50    6.70     2.289         Main     22.9
    -------------------------------------------------------------------------
                       117.10  122.30    5.20     0.143         Main      1.4
    -------------------------------------------------------------------------
                       119.60  122.30    2.70     0.249         Main      2.5
    -------------------------------------------------------------------------
    L-09-65     179E    67.30   72.50    5.20     4.930       Gabbro     49.3
    -------------------------------------------------------------------------
                        68.50   70.20    1.70    12.727       Gabbro    127.3
    -------------------------------------------------------------------------
                        80.10   82.30    2.20     2.948       Gabbro     29.5
    -------------------------------------------------------------------------
                        83.90   86.30    2.40     0.257       Gabbro      2.6
    -------------------------------------------------------------------------
                        98.50   99.40    0.90     0.140         Main      1.4
    -------------------------------------------------------------------------
                       108.30  109.80    1.50     1.182         Main     11.8
    -------------------------------------------------------------------------
    L-09-66     179E    90.70   98.40    7.70     0.677         Main      6.8
    -------------------------------------------------------------------------
                        90.70   94.60    3.90     1.313         Main     13.1
    -------------------------------------------------------------------------
    L-09-58     150E    84.30   88.10    3.80     0.526         Main      5.3
    -------------------------------------------------------------------------
                        84.90   86.70    1.80     1.045         Main     10.5
    -------------------------------------------------------------------------
                        99.10  100.10    1.00     0.196         Main      2.0
    -------------------------------------------------------------------------
                       108.90  115.60    6.70     0.357         Main      3.6
    -------------------------------------------------------------------------
                       109.00  109.90    0.90     1.063         Main     10.6
    -------------------------------------------------------------------------
    L-09-63     150E    67.20   74.20    7.00     0.230       Gabbro      2.3
    -------------------------------------------------------------------------
                        89.00   91.20    2.20     2.595       Gabbro     26.0
    -------------------------------------------------------------------------
                        95.10  104.30    9.20     0.393         Main      3.9
    -------------------------------------------------------------------------
                       100.20  102.10    1.90     0.934         Main      9.3
    -------------------------------------------------------------------------
                       113.80  119.30    5.50     0.151         Main      1.5
    -------------------------------------------------------------------------
                       114.60  117.20    2.60     0.273         Main      2.7
    -------------------------------------------------------------------------
    L-09-67     150E                                NSA
    -------------------------------------------------------------------------
    L-09-73     150E    73.30   75.80    2.50     0.053       Gabbro      0.5
    -------------------------------------------------------------------------
                        77.20   80.60    3.40     0.177       Gabbro      1.8
    -------------------------------------------------------------------------
                       130.10  132.30    2.20     1.085         Main     10.9
    -------------------------------------------------------------------------
    L-09-68     119E    33.40   34.80    1.40     0.102       Gabbro      1.0
    -------------------------------------------------------------------------
                        90.80   93.00    2.20     2.745         Main     27.5
    -------------------------------------------------------------------------
    L-09-60      93E    86.70  103.40   16.70     0.110         Main      1.1
    -------------------------------------------------------------------------
                        90.70   91.50    0.80     0.363         Main      3.6
    -------------------------------------------------------------------------
                        93.30   97.00    3.70     0.236         Main      2.4
    -------------------------------------------------------------------------
    L-09-74      93E    53.50   54.90    1.40     0.237       Gabbro      2.4
    -------------------------------------------------------------------------
                        98.60  100.40    1.80     1.001       Gabbro     10.0
    -------------------------------------------------------------------------
                       107.40  111.80    4.40     0.033         Main      0.3
    -------------------------------------------------------------------------
    L-09-76      68E    74.20   76.20    2.00     0.162       Gabbro      1.6
    -------------------------------------------------------------------------
                        83.80   84.90    1.10     0.037         Main      0.4
    -------------------------------------------------------------------------
    L-09-79A     65E    58.80   60.40    1.60     0.166       Gabbro      1.7
    -------------------------------------------------------------------------
                        69.40   76.20    6.80     0.747         Main      7.5
    -------------------------------------------------------------------------
                        71.40   75.80    4.40     1.032         Main     10.3
    -------------------------------------------------------------------------
    L-09-78      65E          Abandonned
    -------------------------------------------------------------------------
    L-09-75      16W    42.60   43.10    0.50     0.027       Gabbro      0.3
    -------------------------------------------------------------------------
                        86.40   87.00    0.60     0.030         Main      0.3
    -------------------------------------------------------------------------
    L-09-77     180W    63.90   70.00    6.10     0.160         Main      1.6
    -------------------------------------------------------------------------
                        66.70   68.90    2.20     0.409         Main      4.1
    -------------------------------------------------------------------------
                        88.30   92.80    4.50     0.032         Main      0.3
    -------------------------------------------------------------------------
                                                             Gabbro-
    L-09-81     340W    48.60   49.90    1.30     0.173   Carbonates      1.7
    -------------------------------------------------------------------------
    L-09-83A    558W     6.30    7.50    1.20     0.102       Gabbro      1.0
    -------------------------------------------------------------------------
                        42.20   44.20    2.00     1.403       Gabbro     14.0
    -------------------------------------------------------------------------
    L-09-82     838W          Abandonned
    -------------------------------------------------------------------------
    NSA: No Significant Assays
    Lengths in meters core length. True widths are not determined at this
    time.
    Holes L-09-75;77;81;82 & 83 targeted satellite lenses
    

Downhole radiometric probing was completed by Uranium Logging Consulting LLC of France and USA. Gamma measurements were taken in the holes with Geovista radiometric equipment, namely an NGRS-3487 scintillometer probe and a DGGS-3570 Geiger Muller. The probes were calibrated in October 2008 and September 2009 at the Saskatchewan Research Council radiometric test site in Saskatoon, Sk. Comparative chemical assays have not been done for these intersections.

The "L" deposit lies between 50 and 100 meters depth below surface and is recognized over a strike length exceeding 600 meters along the contact between flat-lying sediments and a sub-vertical gabbro intrusive. Structurally controlled disseminated and fracture-filled uranium mineralization is found mainly along the contact and within the sediments (Main zone) but also in the intrusive (Gabbro).

The Lavoie property is the subject of an option agreement with AREVA Resources Canada and SOQUEM Inc. by which Abitex can acquire a 50% interest in the property.

The technical information in this release has been prepared, reviewed and approved by Yves Rougerie, P.Geo., President and CEO of Abitex and Ms Yolande Bisson, P.Eng. MBA, project manager for Abitex. Mr. Rougerie and Ms Bisson are both a "Qualified Person" as defined by National Instrument 43-101.

The Company's public documents may be accessed at www.sedar.com

For further information on the Company, please email us at info@abitex.ca

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.

%SEDAR: 00003760EF

SOURCE ABE Resources Inc.

For further information: For further information: Yves J. Rougerie, President and CEO, (819) 874-6200, yrougerie@abitex.ca


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