PEBBLE CREEK MINING LTD. REPORTS ASSAY RESULTS AT ASKOT

TSX-V: PEB

VANCOUVER and NEW DELHI, India, Oct. 25 /CNW/ - Pebble Creek Mining Ltd. (the "Company") is pleased to announce that drilling of core hole 019A is completed and intersected 8.7 metres of disseminated sulphide mineralisation from 363.7 metres to 372.4 metres. The relevant assays are as follows:

From (metres)	To (metres)	Length (metres)	Copper (%)	Lead (%)	Zinc (%)	Gold (gpt)	Silver (gpt)
367.20	368.30	1.10	3.51	3.24	4.12	0.53	111
368.30	369.40	1.10	1.47	3.87	5.62	0.82	92
369.40	370.00	0.60	0.60	0.02	0.07	0.09	5
370.00	370.10	0.10	3.57	10.29	24.61	0.06	327
Average grades		*	2.14	3.06	4.56	0.53	89
Calculated Copper Economic Equivalents			Copper	Lead	Zinc	Gold	Silver
for copper equivalent, multiply assay by factor ** & add products:			1	0.33	0.36	0.41	0.01
Copper equivalent (%)			5.57

*  Drillhole length is 2.9 metres.  True thickness is 2.2 metres

** A polymetallic deposit is best evaluated with a common dollar denominator. The calculated copper equivalent is at a long-term copper price of $2.50/lb, lead $0.90/lb, zinc $1.00/lb, gold $1,000/oz and silver $15/oz as estimated post-2013 by BMO Capital Markets; and assumed mill recoveries of the five metals, in the same order, of 85%, 78%, 77%, 60% and 60%. 

Hole 019A opens up a large untested area along strike to the northwest and down dip from the previously delineated mineral resource described in the Company's NI 43-101 Technical Report prepared 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.

The drill core is NQ3 with 45 mm diameter, extracted from a triple-tube core barrel and sawed lengthwise into two equal parts, one retained and one complete split sent to Shiva Analyticals, Bangalore, India, an ISO 9001 and 17025 certified laboratory. Shiva analysed the base metals by CPOES, gold by lead fire assay with AAS finish, and silver by ICPOES. Shiva also concurrently ran six check assays with standards and duplicates.

Dr. Andrew E. Nevin, PEng, President and CEO of the Company, is a Qualified Person under National Instrument 43-101, and is responsible for directing the work at Askot and has reviewed and approved of the technical information contained in this news release.

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]