Abbastar Resources Corp. ("Abbastar or the "Company") (TSX VENTURE:ABA) is
pleased to announce the start of a first phase 5000 metre drill program on the
Talbot Lake gold project located in northern Ontario. Abbastar has the right to
earn a 100% interest from Denison Mines Corp, subject to a 2% NSR, upon
expenditures of $7,000,000 over 8 years.


Over the last few weeks Abbastar has been engaged in positive communications and
relationship building with the Eabametoong First Nation. From these meetings the
Company and Chief and Council have committed to a mutually beneficial,
co-operative and collaborative working relationship with respect to the first
phase drill program at Talbot Lake. The Company is focused and committed to
Northwestern Ontario and has always accepted responsibility for strong community
relations.


"The Company is extremely excited to get started and are looking forward to
working cooperatively with the Eabametoong First Nation on our first phase drill
program," commented John B. Good, President and CEO. "We are delighted to have
the support of the First Nation community and look forward to building a strong
relationship to realize the benefits and opportunities from the Talbot Lake Gold
Project."


"Eabametoong First Nation wish to foster and build a long-term relationship with
Abbastar based on principles of honesty, trust and mutual respect for the rights
of each other," stated Chief Louis Nate. "We agree to support the first phase
drill program and wish them all the best in their exploration at Talbot Lake."


The Talbot Lake gold project hosts the "Main Zone" gold deposit which was
discovered by Placer Dome in 1985 and acquired by Denison Mines in 1998. It
consists of an East-West striking and vertically dipping quartz vein containing
visible gold, pyrite, chalcopyrite and sphalerite. Channel sampling by Denison
yielded a weighted average grade of 13.8 g/t Au over a width of 3.3m. One
channel over a width of 1.8m yielded a spectacular value of 120.0 g/t Au. The
gold deposit extends for a depth of approximately 200m and remains open. The
following are some significant drill hole intersections by Placer Dome from the
"Main Zone"; 16.4 g/t Au over 7.6m, 37.2 g/t Au over 2.5m, 26.9 g/t Au over
2.9m, 7.5 g/t Au over 7.5m.  (source: Resident Geologist, Ministry of Northern
Development and Mines, Thunder Bay). Exploration on the Talbot Lake gold project
is carried out under the supervision of David Hunt, P.Geo., qualified person
under NI 43-101. The historical assays have not been verified and as such should
not be relied upon.


Abbastar has 19,789,412 common shares outstanding. To learn more about Abbastar
Resources Corp. (TSX VENTURE:ABA), please visit www.abbastarresources.com.


On behalf of the Board,

John B. Good, President & CEO

The statements used in this News Release may contain forward-looking statements
that may involve a number of risks and uncertainties. Actual events or results
could differ materially from the Company's forward-looking statements and
expectations.
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