Athabasca Minerals Inc. ("Athabasca" or the "Corporation") (TSX VENTURE:ABM) is
pleased to announce the initiation of aggregate delivery from the Logan
Aggregate Operation located 160 km south of Fort McMurray. A total of 375,000
tonnes of gravel has been contracted for, with the Corporation responsible for
product, processing and delivery. The contract is expected to be completed by
the end of March 2013. This is the third corporate owned pit to be brought into
operation since February of 2012, in addition to the Susan Lake Aggregate
operation under management. 


The Corporation's Kearl Aggregate Project is in operation, with aggregate being
processed and sold to regional customers. The Kearl Aggregate Project is the
second corporate owned pit placed into production, accompanying the House River
Aggregate Operation which commenced operations in February of 2012. 


The Corporation is also pleased to announce the appointment of Mr. Joseph Denis
as Operations Manager for the Corporations Northern Alberta Aggregate
Operations. 


President Dom Kriangkum states "We welcome Joseph to our team and look forward
to benefiting from his hands on and technical experience for continued
development of the Corporation's aggregate deposits."


Mr. Denis graduated from the Southern Alberta Institute of Technology (Honors)
in Civil Engineering technology. He has 20 years' experience in the aggregate
business in Western Canada and most recently was the Division Manager for an
aggregate producer in Winnipeg responsible for managing multiple pit and
crushing operations. 


The Corporation would also like to announce the resignation of Mr. David
McAlpine as Vice-President Operations effective immediately. David has left the
Corporation for personal reasons. We wish David well in his future endeavours. 


The Corporation continues to work with Alberta Environmental and Sustainable
Resource Development to obtain the necessary surface leases and approvals to
open a silica sand mining operation on parts of our mineral lease in Northern
Alberta. 


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

Aben Minerals (TSXV:ABM)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024 Plus de graphiques de la Bourse Aben Minerals
Aben Minerals (TSXV:ABM)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024 Plus de graphiques de la Bourse Aben Minerals