ABB Abitibi Mining Corp.

ABITIBI MINING CORP. (TSX VENTURE:ABB) (the "Company") is pleased to announce,
subject to regulatory approval, the acquisition of a 100% interest in the
Armstrong Lake, Ivanhoe, Muskego and Foleyet properties.


To view a map of Abitbi's recently acquired gold properties in the West Timmins
district please click on the following link:


http://media3.marketwire.com/docs/923map.pdf

"We are pleased with the acquisition of these gold properties and with the depth
they add to Abitibi's precious metals portfolio. The Tannahill gold project in
the Larder Lake Mining Division will also continue to be a focus for the Company
moving forward," comments Company Chairman, Richard Hughes.


The Armstrong Lake property consists of 10 claims (97 units) located in the
Keith and Penhorwood Townships of Porcupine Mining Division. The property is
accessible by road and is approximately 70 km southwest of Timmins.
Consideration for the property consists of $105,000 and 400,000 shares. A
further 100,000 shares are to be issued upon completion of a positive
feasibility study. There is a 3% NSR, 1% of which may be purchased for
$1,000,000.


The Foleyet property consists of 8 claims (113 units) located in the Foleyet
Township of Porcupine Mining Division. The property is accessible by road and is
approximately 75 km southwest of Timmins. Consideration for the property
consists of $140,000 and 400,000 shares. A further 100,000 shares are to be
issued upon completion of a positive feasibility study. There is a 3% NSR, 1% of
which may be purchased for $1,000,000.


The Ivanhoe property consists of 232 units and is located in the Ivanhoe
Township of Porcupine Mining Division. The property is accessible by road and is
approximately 75 km southwest of Timmins. Consideration for the property
consists of $180,000 and 400,000 shares. A further 100,000 shares are to be
issued upon completion of a positive feasibility study. There is a 3% NSR, 1% of
which may be purchased for $1,000,000.


The Muskego property consists of 6 claims (81 units) and is located in the
Muskego Township of Porcupine Mining Division. The property is accessible by
road and is approximately 75 km southwest of Timmins. Consideration for the
property consists of $140,000 and 400,000 shares. A further 100,000 shares are
to be issued upon completion of a positive feasibility study. There is a 3% NSR,
1% of which may be purchased for $1,000,000.


The Company has also arranged for a private placement of up to 10,000,000 units
for total proceeds of up to $400,000. The financing will consist of flow through
units priced at $0.04 per unit and non-flow through units priced at $0.03 per
unit. Each of the units will consist of one flow through or non-flow through
common share and one non-flow through, non-transferable share purchase warrant
entitling the holder to purchase one additional common share for five years at a
price of $0.05 per share in the first year and $0.10 per share for the remaining
four years. In accordance with Exchange policies, finders' fees may be paid on
the funds raised. The private placement is subject to regulatory approval.


The statements made in this Press Release may contain forward-looking statements
that may involve a number of risks and uncertainties. Actual events or results
could differ materially from the Company's expectations and projections.

Abitibi Mining Corp. (TSXV:ABB)
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Abitibi Mining Corp. (TSXV:ABB)
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