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To: loantech who wrote (23202)12/8/2004 2:09:34 AM
From: Proud Deplorable  Respond to of 312478
 
ROTFLMAO--------ROTFLMAO-----------LOLOL---------YOUR POST WINS THE BEST POST OF THE YEAR IN MY OPINION.
HA HA HA HA

YA GOTTA LOVE IT.

yes lets have an election to unseat our friendly, jovial, balanced, compassionate lovable Canuckistani and pit him against one of those ......."spiteful hateful pithy runty criticizing little bastards"

I'm gonna split a gut laughing



To: loantech who wrote (23202)12/8/2004 9:23:13 AM
From: labbe  Read Replies (1) | Respond to of 312478
 






TSX TSX-VEN CDN Any US

Canadian Company Press Releases

ABS 2004-12-08 (provided courtesy of CCNMatthews .)
register to receive future releases by email from CCNMatthews

Absolut's Final Phase II Drill Results and Outline of 2005 Program for Pico Machay

TORONTO, ONTARIO--(CCNMatthews - Dec. 8, 2004) - Absolut Resources Corp.
(ABS) (TSX VENTURE:ABS) is pleased to announce the final five holes of
its Phase II drill program at Pico Machay.

This drill program consisted of 19 widely-spaced holes over a strike
length of 1,500m. The objective was to test the size and grade potential
of the first target, located near the centre of a large 5km by 2km
high-sulphidation alteration system.

Highlights of the final five holes include ABS-125 which intersected
43.5m @ 0.73 g/t Au. ABS-125 is located 500m east of ABS-108 which
intersected 106.5m @ 1.87 g/t Au (as previously reported).

Summary drill results for the latest holes:

/T/

From To Interval Au
Hole # (meters) (meters) (meters) (g/t)
ABS-120 70.5 78.0 7.5 0.54

ABS-121 111.0 115.5 4.5 1.90

ABS-123 0.0 15.0 15.0 0.46
22.5 39.0 16.5 0.66
64.5 84.0 19.5 0.38

ABS-124 1.5 13.5 12.0 0.68

ABS-125 0.0 3.0 3.0 0.84
7.5 51.0 43.5 0.73
54.0 61.5 7.5 0.54

/T/

As a reference the Newmont / Buenaventura Yanacocha high-sulphidation
gold mine has an average grade of 0.96 g/t Au and Barrick's Alto Chicama
deposit grades 1.39 g/t Au.

President and CEO Dan Noone stated "We are extremely pleased with the
results of what was a very ambitious program in 2004. Drilling has
discovered a large central zone of gold mineralisation, that clearly
justifies an aggressive, expanded Phase III drill program."

A 6,000m campaign has been budgeted and is scheduled for early 2005.
Drilling will focus on infill between the current widely-spaced holes in
order to delineate an initial resource estimate. In parallel, other
priority targets developed by ongoing detailed mapping, rock-chip
sampling and geophysics will be drill tested.

The concession area at Pico Machay has been expanded to 4,500 hectares
by the recent staking of an adjoining 800 hectares.

Absolut Resources' wholly owned subsidiary, Minera Calipuy SAC has an
agreement with Monterrico Metals PLC to earn up to a 75% interest in the
Pico Machay gold project.

Absolut Resources has over CAD$2 million in the treasury and is well
financed to carry out the Phase III program at Pico Machay as well as
advancing the Hualatan and Carisla projects to the drill ready stage.

Absolut Resources Corp. is a precious metals exploration and development
company based in Toronto, Canada. Absolut strongly believes in an
international best practices approach, and implements this on all its
social and environmental decisions. Absolut has implemented a quality
control program to ensure best practice in geochemical sampling and
analysis of surface and reverse circulation drilling samples.

NOTE: There are two images available on CCNMatthews' website:

PICO MACHAY Regional Geology:
www2.cdn-news.com

PICO MACHAY Detailed Geology:
www2.cdn-news.com

/T/

Absolut Resources Corp.
Exchange Tower
130 King St West, Suite 3680 Box 99
Toronto, Ontario, M5X 1B1

/T/


-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

Absolut Resources Corp.
Dan Noone
President & CEO
(416) 214-4654
(416) 599-4959 (FAX)
info@absolutresources.com
www.absolutresources.com

This press release contains forward looking statements.

The TSX
Venture Exchange has not reviewed and does not accept responsibility for
the adequacy or accuracy of this release.






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