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Press Release - Abitex Resources Inc. (ABE-TSXV)

I worked five years in the Otish Mountains back in the early1980’s, so I’ve seen the entire Otish Mountains and all of the uranium showings, but this is by far the most significant outcrop in the Otish Mountains. There is no doubt about it. The quality is there of mineralization and everything else, so we are quite excited about it. The market response to that is that we have had a lot of offers to the company financially as we go along with these projects... - Yves Rougerie(ABE) (Interview published December 11, 2009)

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ABITEX REPORTS 4.93% eU3O8 OVER 5.2 METERS ON LAVOIE PROPERTY

Val d’Or, Quebec, Canada, January 14, 2010 – Abitex Resources Inc. (TSX-V: ABE) (the “Company”) is very pleased to announce definition drilling results for the “L” deposit on the Lavoie property located in the Otish Mountains region of Quebec.

The 2009 drilling targeted the western half of the “L” deposit Main Lense. Since 2008, 83 holes totaling 11,280 meters have been completed on the Main Lense which has been defined over a 600 meter strike length on a 25 meter drill pattern. The equivalent U3O8 (eU3O8) results from the 2009 program include numerous high grade intercepts such as:

4.930% eU3O8 over 5.2m in hole L-09-65
2.801% eU3O8 over 4.4m in hole L-09-55
2.289% eU3O8 over 6.7m in hole L-09-64
0.677% eU3O8 over 7.7m in hole L-09-66
0.393% eU3O8 over 9.0m in hole L-09-63
0.346% eU3O8 over 14.0m in hole L-09-48
0.232% eU3O8 over 16.8m in hole L-09-53

Yves Rougerie, President & CEO reports: “We are very pleased with the results of this program which confirm the lateral continuity of the mineralized zones and the presence of high grades over the entire strike length of the deposit. In addition, new areas of enrichment were defined during the drill program as on Section 150E with intercepts of 0.526% eU3O8 over 3.8m and 0.230% eU3O8 over 7.0m. Now that the 2009 results are available, we can move ahead quickly to complete the initial resource estimate for this project.”

Very good grades were also reported from holes drilled into satellite lenses along strike from the Main Lense, including 1.402% eU3O8 over 2.0m on Section 558W and 0.160% eU3O8 over 6.1m on Section 180W. The Company believes these results are very encouraging and indicative of the additional resource potential of the satellite lenses.

The 2009 program consisted of 4,780 meters in 43 drill holes (including 4 abandoned holes) completed between June and September 2009. All holes were probed with radiometric instruments following which probe data was corrected and transformed into equivalent U3O8 grades (eU3O8). Results of the 2009 program follow:

Drill Hole	Section	From	To	Length	Grade	Zone	eU3O8
No.		m	m	m	% eU3O8		kg/T
L-09-69	625E	8.00	9.50	1.50	0.030	Gabbro	0.3
L-09-70	563E	45.40	48.10	2.70	0.431	Gabbro	4.3
		50.90	53.30	2.40	0.202	Gabbro	2.0
L-09-71	492E				NSA
L-09-48	375E	78.10	92.10	14.00	0.346	Main	3.5
		78.20	79.20	1.00	1.226	Main	12.3
		85.10	91.60	6.50	0.506	Main	5.1
		85.20	86.50	1.30	1.289	Main	12.9
L-09-49	375E	43.30	44.80	1.50	0.225	Gabbro	2.3
L-09-50	375E	76.40	83.00	6.60	0.071	Gabbro	0.7
L-09-51	375E	124.70	125.50	0.80	0.112	Gabbro	1.1
L-09-52	375E				NSA
L-09-41	315E	70.60	73.80	3.20	0.140	Main	1.4
		72.10	72.60	0.50	0.505	Main	5.1
L-09-44	315E	71.10	72.30	1.20	0.161	Gabbro	1.6
L-09-45	315E	70.10	70.70	0.60	0.062	Main	0.6
L-09-46	315E	124.50	125.60	1.10	0.246	Gabbro	2.5
L-09-47	315E	64.50	73.10	8.60	0.308	Main	3.1
		66.90	69.00	2.10	0.696	Main	7.0
L-09-72	287E	90.80	111.50	20.70	0.174	Main	1.7
		92.40	93.70	1.30	0.821	""	8.2
		94.40	95.60	1.20	0.429	Main	4.3
L-09-53	256E	85.40	102.20	16.80	0.232	Main	2.3
		89.80	91.30	1.50	0.730	Main	7.3
L-09-54	256E	92.60	94.90	2.30	0.058	Main	0.6
L-09-55	256E	75.50	76.60	1.10	0.221	Gabbro	2.2
		92.00	96.40	4.40	2.801	Main	28.0
		92.20	94.20	2.00	4.447	Gabbro	44.5
		97.60	104.70	7.10	0.226	Main	2.3
		101.70	102.70	1.00	0.600	Main	6.0
L-09-56	256E	118.90	119.40	0.50	0.087	Gabbro	0.9
L-09-57	231E	94.40	98.60	4.20	0.506	Main	5.1
		97.20	98.30	1.10	1.001	Main	10.0
L-09-80	231E	37.40	38.20	0.80	0.214	Gabbro	2.1
		83.20	84.20	1.00	0.159	Gabbro	1.6
		86.70	87.80	1.10	0.041	Main	0.4
		96.50	101.00	4.50	0.154	Main	1.5
		96.50	98.60	2.10	0.312	Main	3.1
		104.40	105.70	1.30	0.084	Main	0.8
L-09-59	200E	43.30	51.90	8.60	0.253	Gabbro	2.5
		43.30	46.30	3.00	0.463	Gabbro	4.6
		89.20	106.40	17.20	0.077	Main	0.8
		89.50	90.80	1.30	0.320	Main	3.2
		109.90	115.00	5.10	0.614	Main	6.1
		110.20	111.80	1.60	1.805	Main	18.1
L-09-61	200E	65.20	67.60	2.40	0.763	Main	7.6
		65.40	66.80	1.40	1.286	Main	12.9
L-09-62	200E	123.60	127.40	3.80	1.060	Main	10.6
L-09-64	179E	54.50	58.10	3.60	0.315	Gabbro	3.2
		86.80	93.50	6.70	2.289	Main	22.9
		117.10	122.30	5.20	0.143	Main	1.4
		119.60	122.30	2.70	0.249	Main	2.5
L-09-65	179E	67.30	72.50	5.20	4.930	Gabbro	49.3
		68.50	70.20	1.70	12.727	Gabbro	127.3
		80.10	82.30	2.20	2.948	Gabbro	29.5
		83.90	86.30	2.40	0.257	Gabbro	2.6
		98.50	99.40	0.90	0.140	Main	1.4
		108.30	109.80	1.50	1.182	Main	11.8
L-09-66	179E	90.70	98.40	7.70	0.677	Main	6.8
		90.70	94.60	3.90	1.313	Main	13.1
L-09-58	150E	84.30	88.10	3.80	0.526	Main	5.3
		84.90	86.70	1.80	1.045	Main	10.5
		99.10	100.10	1.00	0.196	Main	2.0
		108.90	115.60	6.70	0.357	Main	3.6
		109.00	109.90	0.90	1.063	Main	10.6
L-09-63	150E	67.20	74.20	7.00	0.230	Gabbro	2.3
		89.00	91.20	2.20	2.595	Gabbro	26.0
		95.10	104.30	9.20	0.393	Main	3.9
		100.20	102.10	1.90	0.934	Main	9.3
		113.80	119.30	5.50	0.151	Main	1.5
		114.60	117.20	2.60	0.273	Main	2.7
L-09-67	150E				NSA
L-09-73	150E	73.30	75.80	2.50	0.053	Gabbro	0.5
		77.20	80.60	3.40	0.177	Gabbro	1.8
		130.10	132.30	2.20	1.085	Main	10.9
L-09-68	119E	33.40	34.80	1.40	0.102	Gabbro	1.0
		90.80	93.00	2.20	2.745	Main	27.5
L-09-60	93E	86.70	103.40	16.70	0.110	Main	1.1
		90.70	91.50	0.80	0.363	Main	3.6
		93.30	97.00	3.70	0.236	Main	2.4
L-09-74	93E	53.50	54.90	1.40	0.237	Gabbro	2.4
		98.60	100.40	1.80	1.001	Gabbro	10.0
		107.40	111.80	4.40	0.033	Main	0.3
L-09-76	68E	74.20	76.20	2.00	0.162	Gabbro	1.6
		83.80	84.90	1.10	0.037	Main	0.4
L-09-79A	65E	58.80	60.40	1.60	0.166	Gabbro	1.7
		69.40	76.20	6.80	0.747	Main	7.5
		71.40	75.80	4.40	1.032	Main	10.3
L-09-78	65E	Abandonned
L-09-75	16W	42.60	43.10	0.50	0.027	Gabbro	0.3
		86.40	87.00	0.60	0.030	Main	0.3
L-09-77	180W	63.90	70.00	6.10	0.160	Main	1.6
		66.70	68.90	2.20	0.409	Main	4.1
		88.30	92.80	4.50	0.032	Main	0.3
L-09-81	340W	48.60	49.90	1.30	0.173	Gabbro-Carbonates	1.7
L-09-83A	558W	6.30	7.50	1.20	0.102	Gabbro	1.0
		42.20	44.20	2.00	1.403	Gabbro	14.0
L-09-82	838W	Abandonned

NSA: No Significant Assays

Lengths in meters core length. True widths are not determined at this time.

Holes L-09-75;77;81;82 & 83 targeted satellite lenses

Downhole radiometric probing was completed by Uranium Logging Consulting LLC of France and USA. Gamma measurements were taken in the holes with Geovista radiometric equipment, namely an NGRS-3487 scintillometer probe and a DGGS-3570 Geiger Muller. The probes were calibrated in October 2008 and September 2009 at the Saskatchewan Research Council radiometric test site in Saskatoon, Sk. Comparative chemical assays have not been done for these intersections.

The “L” deposit lies between 50 and 100 meters depth below surface and is recognized over a strike length exceeding 600 meters along the contact between flat-lying sediments and a sub-vertical gabbro intrusive. Structurally controlled disseminated and fracture-filled uranium mineralization is found mainly along the contact and within the sediments (Main zone) but also in the intrusive (Gabbro).

The Lavoie property is the subject of an option agreement with AREVA Resources Canada and SOQUEM Inc. by which Abitex can acquire a 50% interest in the property.

The technical information in this release has been prepared, reviewed and approved by Yves Rougerie, P.Geo., President and CEO of Abitex and Ms Yolande Bisson, P.Eng. MBA, project manager for Abitex. Mr. Rougerie and Ms Bisson are both a “Qualified Person” as defined by National Instrument 43-101.

CONTACT INFORMATION:

Yves J. Rougerie

President and CEO

Tel: (819) 874-6200

yrougerie@abitex.ca

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