DRILLING STARTS ON HELLIX CLAIM GROUP

ABINGTON VENTURES INC. Drilling on the Hellix claim group started on October 26, 2004. Abington Ventures has a 50% participating interest in the Hellix claim group which is adjacent to the Verdstone property optioned by Abington.

Drilling services are being provided by Yellow Jacket Drilling of Phoenix, Arizona. Yellow Jacket has over 20 years of hands on experience in the drilling industry. The driller mentioned in the August 17, 2004 news release was unavailable due to a work backlog.

The Hellix claim group being drilled covers a target area of geological interest that is over 500 feet along strike and up to 800 feet wide. Within this area is an indicated gold-silver bearing epithermal zone as evident from phyllic/argillic alteration zone, extending for up to 500 feet along strike and up to 100 feet wide. Selected grab samples over 300 feet taken from within the alteration zone, returned assays of up to 8.01 gm/mt (0.27 oz/t gold). Drilling will test and delineate the potentially economic mineral zones.

Mr. Laurence Sookochoff, PEng. has been retained by the company to supervise the drill project.
Mr. Sookochoff is a qualified person as defined under National Instrument 43-101.

The Verdstone Gold mine is located 125 miles west of Phoenix, Arizona and was a past producer during the period 1992-1996. Production was estimated at approximately 500,000 tons of 0.5 ounce per ton gold ore. 2003 drill results indicated a new deposit (V3W) that is open to the north, west and east.

Abington Ventures is engaged in the identification, acquisition, exploration and development of gold and silver properties. Abington also has interests in oil producing wells in Saskatchewan, Canada.