Athabasca Minerals Inc. ("Athabasca" or the "Corporation") (TSX VENTURE:ABM) is
pleased to announce the appointment of Mr. Michael Peck to the Board of
Directors. Mr. Peck has over 30 years of executive management experience in the
mining industry. Mr. Peck will replace Mr. Dale Nolan, who retired from the
Board and the Management team at the end of November 2012, after serving as one
of the Corporation's distinguished founders and a valued member of the Board
since the Corporation's inception.


President Dom Kriangkum states, "the Corporation and I express great thanks to
Dale for his time and commitment in developing Athabasca to its current status."
Dom adds, "Dale's professionalism, work ethic and integrity are second to none,
and we all very much enjoyed the time spent working together. The Corporation
and I wish Dale well in his future endeavors."


Mr. Peck is currently employed with Sherritt International Corporation as Senior
General Manager, Mining Operations in the Sherritt Coal Edmonton Division. He is
responsible for all mining operations activities at their nine (9) coal mines.
These responsibilities include ensuring the safe and reliable supply of coal to
meet customer and company needs, the promotion of positive labour and employee
relations, maintaining a high level of productivity and utilizing a high degree
of financial reporting and internal controls. He has extensive experience in
surface mining in both hard rock and coal. Mr. Peck has held a variety of
positions with Sherritt ranging from Mine Superintendent and Mine General
Manager to his current position. 


Douglas Stuve, Chairman of the Corporation states, "We welcome Mike to our Board
of Directors and are confident that his leadership skills and management
experience will strengthen the Board's ability to support management as they
continue to take the necessary steps developing industrial mineral projects."


Mr. Peck's appointment to the Board is subject to TSX Venture Exchange approval.

The Corporation would also like to announce that its Board of Directors has
approved the grant of 560,000 stock options to certain directors, officers and a
consultant of the Corporation, subject to regulatory and TSX Venture Exchange
approval. The options were issued with an exercise price of $1.64 per share,
vest as to one-third (1/3) on each of 6, 12 and 18 months from the date of
grant, and have a five year term. 


About Athabasca Minerals

Athabasca is a resource company involved in the management, exploration and
development of aggregate projects. These activities include contracts works,
aggregate pit management, new aggregate development and acquisitions of sand and
gravel operations. The Corporation also has industrial mineral land holdings in
the vicinity of Fort McMurray and Peace River, Alberta, for the purpose of
locating and developing sources of industrial minerals and aggregates essential
to high growth economic development.


This news release contains forward-looking statements that involve risks and
uncertainties. Forward-looking statements or information are based on current
expectations, estimates and projections that involve a number of risks and
uncertainties which could cause actual results to differ materially from those
anticipated by the Corporation. The forward-looking statements or information
contained in this news release are made as of the date hereof and the
Corporation does not undertake any obligation to update publicly or revise any
forward-looking statements or information, whether as a result of new
information, future events or otherwise, unless so required by applicable
securities laws.


The securities of Athabasca have not been, nor will be, registered under the
United States Securities Act of 1933, as amended, and may not be offered or sold
within the United States or to, or for the account or benefit of, U.S. persons
absent U.S. registration or an applicable exemption from U.S. registration
requirements. This release does not constitute an offer for sale of securities
in the United States. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Boardmarker Group
Dean Stuart
403-517-2270
dean@boardmarker.net

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