ABN Aben Resources Ltd

Aben Resources Ltd. (TSX VENTURE:ABN) (FRANKFURT:E2L) (PINKSHEETS:ABNAF) (the
"Company") announces it has arranged a non-brokered private placement to raise
up to $1,000,000 by the issuance of up to 14,285,714 flow-through units (the "FT
Units") at a price of $0.07 per FT Unit. Each FT Unit will consist of one
flow-through common share and one non-transferable, non flow-through warrant
(the "NFT Warrant"). Each NFT Warrant will entitle the holder to purchase one
non flow-through common share at a price of $0.10 for a period of three years
from the closing date of the private placement.


The Company may pay up to a 7% finder's fee payable in cash and 7% in
non-transferable non flow-through warrants (the "Finder's Warrants") in
connection with part of this private placement offering. Each Finder's Warrant
will entitle the Finder to purchase a non-flow-through common share at a price
of $0.10 per share for a period of three years from the closing date of the
private placement.


2012 Exploration and Drill Program:

Aben Resources intends to utilize the proceeds from this private placement for
its continuing drill program on its 100% owned, 18,314 acre flagship Justin
Project in the southeast Yukon. Results from the first hole in the 2012 season,
JN12011, at the POW Zone returned 46.4 metres grading 1.49 g/t Au including 9.2
metres grading 3.88 g/t Au, and extended the gold mineralization discovered last
year by up to 85 metres (see Aben news release dated August 16, 2012). 


Justin Project Plan View of POW Zone Drilling:

http://www.abenresources.com/i/maps/ABN-Justin-Project-Plan-View-of-2012-Pow-Zone-Drilling.jpg


The first three holes ever drilled into the POW Zone have now been reported and
have successfully intercepted significant gold intervals showing notable
consistency and continuity of mineralization within the holes. Furthermore,
surface sample MMJNR036, with noted visible gold, assayed 3.66 g/t Au in the
eastern POW Zone. Assay results are pending for drill holes designed to further
test this surface anomaly located 400+ metres southeast of hole JN12011 at the
western POW Zone. 


Justin Property Location and Previous Exploration on the Project:

The Justin property is located in the southeast Yukon within the Tintina Gold
Belt approximately 35 kilometres southeast of the Cantung Mine and is accessed
by an all-season road. Justin property tenure is contiguous with Northern Tiger
Resources' 3Ace Gold Project.


Justin Project Claims Map:

http://www.abenresources.com/i/maps/Justin-Claim-Boundary.jpg

In 2011, a first-pass drill program consisting of ten drill holes was completed
on the Justin Project to test four different mineralized areas. The previously
reported drill hole results indicated that a significant new greenfield gold
discovery was made at the POW Zone. Highlights from that program included 60.0
metres of 1.19 g/t gold including 21.0 metres of 2.47 g/t gold in hole JN11009
as well as 11.3 metres of 2.70 g/t gold in hole JN11010.


Qualified Person:

Tim J. Termuende, P.Geo., is a Director and the Qualified Person for Aben
Resources as defined by National Instrument 43-101 and has reviewed and approved
the technical information in this release.


About Aben Resources:

Aben Resources is a Canadian gold and silver exploration company exploring and
developing its portfolio of properties in the Yukon and NWT in which it has
exploration rights to over 600,000 acres of land. The Company's road-accessible
flagship property, the Justin Gold Project, boasts a new greenfield discovery
made in 2011 with an aggressive 2012 follow-up exploration and drill program
currently underway.


For further information on Aben Resources Ltd. (TSX VENTURE:ABN), visit our
Company's web site at www.abenresources.com. 


ON BEHALF OF THE BOARD OF DIRECTORS

JAMES G. PETTIT, President

This news release may contain certain "Forward-Looking Statements" that may
involve a number of risks and uncertainties. There can be no assurance that such
statements will prove to be accurate, and actual results and future events could
differ materially from those anticipated in such statements. For a more detailed
discussion of such risks and other factors, refer to the Company's filings with
Canadian Securities regulators available on www.sedar.com.

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