Pebble Creek signs drilling contract with TDMA
TSX-V: PEB
VANCOUVER and NEW DELHI, India, March 23 /CNW/ - Pebble Creek Mining Ltd. ("Pebble Creek" or the "Company") has awarded a contract for 7,000 metres of drilling to Transnational Drilling & Mining Associates Pvt. Ltd. ("TDMA") on its Askot project in Uttarakhand, India. TDMA is a new Indian company whose key personnel have many years of experience drilling in India.
The Askot deposit has a National Instrument 43-101 compliant indicated mineral resource containing copper, zinc, lead, silver and gold. For further details, see the Company's news release dated August 12, 2008, and the Company's technical report dated September 26, 2008 entitled, "Mineral Resource Estimation - Askot Polymetallic Project - Uttarakhand, India" available on the SEDAR website at www.sedar.com.
Mineralized beds at Askot dip steeply and the known mineral zone is 600 metres along strike and extends down dip an average of 180 metres, a panel of 108,000 square metres. The average width of the mineralized beds is 5 metres. The lateral and down-dip boundaries of the deposit have not yet been found.
Andrew Nevin, P.Eng., President and CEO says, "We are excited about this drilling program, which for the first time will consist of step-out holes to test for similar mineralization to 500 metres vertically and 400 metres along strike to the northwest, a panel of 200,000 square metres. The first holes will be drilled on an untested EM anomaly that is confirmed by soil samples containing anomalous copper, zinc, lead and gold. Drilling is expected to start about April 10."
Pebble Creek has 15 years experience in India and management believes the Askot project is the most advanced of the non-ferrous exploration and development projects in India operated by foreign junior exploration companies.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
%SEDAR: 00023083E
For further information: Gyan C. Singhai, P.Eng., Executive Chairman, Telephone: (604) 696-6101; Mike Romanik, Vice President, Telephone: (204) 724-0613
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