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Athabasca Announces Appointment of Mr. Peter Elzinga to Board of Directors

EDMONTON, ALBERTA -- (Marketwired) -- 01/31/14 -- Athabasca Minerals Inc. ("Athabasca" or the "Corporation") (TSX VENTURE:ABM) is pleased to announce the appointment of Mr. Peter Elzinga, ICD.D to the Board of Directors, effective February 1, 2014. Mr. Elzinga will be instrumental in providing guidance and input in the Corporation's continued development as a supplier of industrial minerals in Western Canada.

"We look forward to having Peter join our Board to continue the growth of Athabasca," says Dom Kriangkum, President and CEO of Athabasca. "Peter's political and business acumen will greatly contribute to the progress of the Corporation's additional projects in Alberta."

Mr. Elzinga was the Executive Director of the Progressive Conservative Association of Alberta from 1993 to 1998, and was Chief of Staff to the Office of the Premier of the Province of Alberta from February 1998 to March 2004. Mr. Elzinga was elected as Member of the Legislative Assembly of Alberta for Sherwood Park from 1986 to 1993 during which time he served as Deputy Premier, Minister of Federal and Intergovernmental Affairs, and Minister responsible for Government Reorganization from 1992 to 1993; Minister of Economic Development and Trade from 1989 to 1992; and Minister of Agriculture from 1986 to 1989. Prior to his election to the Alberta Provincial Legislature, Mr. Elzinga served for twelve years in the Parliament of Canada representing the Pembina constituency and served as President of the Progressive Conservative Association of Canada from 1983 to 1986.

Mr. Elzinga is a member of the Institute of Corporate Directors and currently sits on the Board of Servus Credit Union and The Peter Elzinga Family Foundation. In addition, Mr. Elzinga is President of Elicia Holdings Ltd. and Chairman of the Goodfish Lake Business Corporation Board. Mr. Elzinga was formerly the Honorary Consul for the Federative Republic of Brazil, is a former director of EPCOR, and is the former Vice President and Director for Edmonton Northlands.

Mr. Elzinga was Kinsmen of the Year in 1972/1973, received the Queen's Golden Jubilee Medal in January 2003, and in September 2005 he received the Alberta Centennial Medal for outstanding service to the community, province and country.

This appointment is subject to TSX Venture Exchange approval.

About Athabasca Minerals

The Corporation is a resource company involved in the management, exploration and development of aggregate projects. These activities include contracts works, aggregate pit management, new aggregate development and acquisitions of sand and gravel operations. The Corporation also has industrial mineral land holdings in the vicinity of Fort McMurray and Peace River, Alberta, for the purpose of locating and developing sources of industrial minerals and aggregates essential to high growth economic development.

Neither the TSX Venture nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture) accepts responsibility for the adequacy or accuracy of this release.

The securities of Athabasca have not been, nor will be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from U.S. registration requirements. This release does not constitute an offer for sale of securities in the United States.

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