PEBBLE CREEK MINING LTD. ASKOT DRILLING UPDATE

TSX-V:  PEB

VANCOUVER AND NEW DELHI, Sept. 28 /CNW/ - Pebble Creek Mining Ltd. (the "Company") reports that interim drilling results and other geologic studies on the Company's Askot project indicate the following interim conclusions:

• Step-out drilling has extended the known mineral zone down dip, 100 metres deeper and northwest of the deepest previous drillhole intersection at Askot. 
• Drilling confirms that mineralization occurs within a specific volcanic unit and within northwest plunging shoots.
• Most of the known mineralization at Askot is remobilized from certain volcanic source beds that have only been recently discovered during detailed geological study; the main primary mineralization will be targeted within these source beds by deep-seeking geophysical surveys in the near future.
• Now that directional drilling has been successfully tried at Askot, step-out drilling will continue to the northwest and down dip using directional drilling tools as required.
• 258 stream sediment samples covering all drainages in a 50 square kilometre area of volcanic rocks surrounding the Askot prospect have identified a number of copper-zinc target areas for priority follow up, particularly south of the Askot deposit (www.pebcreek.com/Cu-Zn-maps.pdf). 

Core hole 019A intersected massive sulphides from 367.7 metres to 370.4 metres, a length of 2.7 metres and a true thickness of about 2.4 metres.  The principal metallic minerals are chalcopyrite, sphalerite and galena, sulphides of copper, zinc and lead respectively.  Scans with a portable Niton Xray Fluorescence Analyzer indicate values consistent with the Technical Report by SRK Consulting dated September 26, 2008, copies of which are available on SEDAR at www.sedar.com or the Company's website at www.pebcreek.com/pr_20080930.pdf.

The drill core is being sawed in two, with half to be sent to a qualified lab. Assay results will be reported as soon as they are available to the Company.

Hole 019A stepped out into unexplored territory along strike to the northwest and down dip, intersecting the projected mineralized zone at an elevation of 705 metres above sea level.  The intersection of the mineralized zone at hole 019A is 170 metres below a previous intersection at 875 metres elevation in hole 200-1 which was previously drilled in 2006. It is also 100 metres both along strike to the northwest and down dip from the deepest previous intersection at Askot, in hole 115-1, also drilled by the Company in 2006.

The results provide impetus for continued exploration deep to the northwest, beyond previous holes. The success of this hole also establishes the feasibility of using directional drilling equipment for deep drilling from a valley southwest of the mineralized zone, on the footwall side. The zone dips steeply northeast near the surface (elevations of 1,035 metres or higher), but steepens at depth to nearly vertical in hole 019A.

Dr. William A. Sheppard, EuroGeol, MAusIMM, MIMM, and Dr. Andrew E. Nevin, PEng, both Qualified Persons under National Instrument 43-101, are responsible for directing this work.  Both of them are responsible for, and have reviewed and approved of, the technical information contained in this news release.

The Company has worked in India for 15 years and is one of the most advanced mineral exploration companies in the country.

This news release contains forward-looking statements that address future events and conditions and are subject to various risks and uncertainties. The Company's actual results, programs and financial position could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the Company's control. These factors include: the availability of funds; the timing and content of work programs; results of exploration activities and development of mineral properties, the interpretation of drilling results and other geological data, the uncertainties of resource and reserve estimations, receipt and security of mineral property titles; project cost overruns or unanticipated costs and expenses, fluctuations in commodity prices; currency fluctuations; and general market and industry conditions.

Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

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.

For further information:

Andrew Nevin, PhD, PEng, President & CEO, Telephone: [phone]

Mike Romanik, Vice President, Telephone: [phone]