Pebble Creek Mining Ltd. announces extension of terms of warrants

TSX-V: PEB

VANCOUVER , British Columbia, and NEW DELHI , India , Dec. 3 /CNW/ - Pebble Creek Mining Ltd. (the "Company" or "Pebble Creek") announces that it has obtained the TSX Venture Exchange's approval to extend the terms of a total of 5,270,000 common share purchase warrants (the "Warrants") issued by the Company in 2007 and which were originally due to expire on December 19, 2009 . The Warrants will be extended for an additional term of two years, expiring on December 19, 2011 .

Pebble Creek has 15 years experience in India and is one of the leading non-ferrous explorers and developers there. Pebble Creek's wholly-owned Askot copper-zinc-lead-silver-gold property is nearly completely permitted for production. A 30-year Mining Lease has been approved by the Indian Ministry of Mines and a Letter of Intent issued by the government of Uttarakhand state. The last remaining permit, Forest Clearance, is in process.

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: Andrew Nevin, President & CEO, Telephone: [phone]; Mike Romanik, Vice President, Telephone: [phone]