ABM Aben Minerals Ltd

Athabasca Minerals Inc. (“Athabasca” or the “Corporation”) (TSX Venture:ABM) announces that its Board of Directors have approved the grant of 625,000 stock options (“Options”) to officers and directors of the Corporation pursuant to the Corporation’s stock option plan.

The Options have an exercise price of $0.17 per share and have a term of five years. The Options vest 33.33% after six months, 33.33% after 12 months and 33.33% after 18 months.

This Option grant is subject to TSX Venture Exchange approval.

About Athabasca Minerals

The Corporation is a resource company involved in the management, exploration and development of aggregate projects. These activities include contracts works, aggregate pit management, aggregate production and sales from corporate-owned pits, new aggregate development and acquisitions of sand and gravel operations. The Corporation also has industrial mineral land holdings for the purpose of locating and developing sources of industrial minerals and aggregates essential to high growth economic development.

For further Information on Athabasca, please contact:

Dean StuartT: 403 617 7609E: dean@boardmarker.net

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture) accepts responsibility for the adequacy or accuracy of this release.