Pebble Creek's interim drill results at Askot, India



    TSX-V: PEB, FRANKFURT: BHB

    VANCOUVER, Sept. 26 /CNW/ - Pebble Creek Mining Ltd. (the "Company")
announces the following:

    Askot.
    ------
    The Company has drilled 10 core holes for a total of 1,872 metres in a
10,000-metre program. Seven holes twin old holes drilled 20 to 40 years ago;
three fill in gaps between old holes.
    A Technical Report dated November 7, 2006 by Paul M. Boswell, FIMMM,
CEng, a qualified person under National Instrument 43-101, described various
historic resource estimates based on previous drilling and tunnelling by
government agencies (see www.sedar.com). The estimates do not meet NI 43-101
standards.
    The twinned and fill-in holes in this part of the program were designed
to "sample" the prior work with an eye toward estimating a NI 43-101 compliant
mineral resource. The Company believes the program is on its way to confirming
prior results.

    
    -------------------------------------------------------------------------
           Co-ord        True                 Cop-              Copper   Zinc
    Drill    N-S  Elev.  Width  Gold  Silver  per  Lead  Zinc     Eq.    Eq.
    Hole     (m)   (m)    (m)   gpt    gpt     %     %     %       %      %
    -------------------------------------------------------------------------
    Old B5  020N   899   2.57   n.a.   n.a.  4.01  14.73  17.17  11.75  41.03
    -------------------------------------------------------------------------
    B5Twin  020N   899   2.49   0.33    53   1.79   2.75   4.13   4.32  15.08
    -------------------------------------------------------------------------
    one critical assay is still pending on a high-grade zone within the above
    intersection
    -------------------------------------------------------------------------
    includ-
     ing    020N   899   0.41   1.26   163   6.98  10.54  23.33  18.29  63.85
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    Old A23 020N   977  15.67   n.a.   n.a.  2.80   2.51   5.88   4.79  17.34
    -------------------------------------------------------------------------
    A23Twin 020N   977   9.73   0.26    43   0.88   2.85   3.99   3.22  11.23
    -------------------------------------------------------------------------
    includ-
     ing                 3.80   0.34    75   1.07   5.29   6.25   4.96  17.33
    -------------------------------------------------------------------------
    includ-
     ing                 1.18   0.95   173   2.71  12.99  15.47  12.22  42.66
    -------------------------------------------------------------------------
    Drift
     HW     020N   985   0.60   0.28   149   1.04   9.88  15.25   9.29  32.44
    -------------------------------------------------------------------------
    Drift
     FW     020N   985   2.53   1.36    86   2.71   6.80   8.97   8.28  28.90
    -------------------------------------------------------------------------
    Drift
     avg    020N   985   8.13   0.45    38   0.92   2.84   3.91   3.26  11.39
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    Old B8   95S   962   5.90   n.a.   n.a.  2.28   3.73   5.61   4.60  16.07
    -------------------------------------------------------------------------
    B8X      65S  1006   1.18   0.16   144   8.51   9.22  17.13  17.06  59.54
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    Old B11  95S   898   1.18   n.a.   n.a.  1.87   3.76   4.21   3.80  13.26
    -------------------------------------------------------------------------
    B11X     65S   948   0.53   0.39   102   6.73  10.28  20.25  16.18  56.47
    -------------------------------------------------------------------------
    The interval above is part of a 1.41m interval still awaiting a key assay
    on a massive sulphide bed
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    Old B12 038S  1005  10.00   n.a.   n.a.  1.32   2.01   4.00   2.85   9.95
    -------------------------------------------------------------------------
    B12Twin 040S  1005  10.66   3 massive sulphide beds within this interval.
                                Assays pending
    -------------------------------------------------------------------------
    

    The following equivalents are used for metal in place: 1% copper is worth
5.21% lead, 3.49% zinc, 80.16 grams per tonne ("gpt") silver, or 2.19 gpt
gold; or, in zinc equivalents, 1% zinc is worth 0.29% copper, 1.49% lead,
22.96 gpt silver or 0.63 gpt gold. The bases for these relationships are
assumed future metals prices, mill recoveries, smelter payment schedules and
concentrate transportation costs.
    Assays are still in progress. The backlog at many Canadian labs is about
seven weeks.
    The mineralised beds make up a panel that generally dips 60 to
80 degrees. Drill holes intersect the panel at acute angles. The drill hole
depth of the intersection means little, therefore in the foregoing table the
location of the center of the intersection is given as the north or south
coordinate and the elevation above sea level. "Width" means true thickness
normal to the bed. Previous workers did not assay for gold and silver ("n.a.")
and for the old holes those metals are not included in the equivalents
calculations. Holes A23 and A23Twin cut the beds only 8 metres below the drift
(tunnel), so nearby channel samples are appropriately shown. "HW" means
hanging wall (upper) bed and "FW" means footwall (lower) bed.
    The known part of the Askot deposit consists of two and sometimes three
closely spaced massive sulphide beds separated by schistose tuff and chert
beds containing some disseminated sulphides. The massive sulphide beds vary in
thickness from 10 centimetres to 4 metres. The intervening beds vary from nil
to 6 metres. The massive mineralisation is dominated by fine-grained black
sphalerite (zinc sulphide) in a chert matrix, with or without variable amounts
of galena (lead sulphide) and chalcopyrite (copper sulphide). Core recovery of
massive sulphides is close to 100 per cent and the core sometimes comes out of
the core barrel in single pieces as long as a baseball bat. The intervening
tuff is more friable.
    Low labour costs in India make it a suitable place to contemplate
narrow-vein underground mining, however the Company recognizes that some thin
zones may be left unmined or mined and diluted with wall rock.
    Assays were performed by ALS Chemex, North Vancouver; or by Acme
Analyticals, Vancouver; or by Shiva Analyticals (India) Ltd., Bangalore; or on
duplicate samples by both Acme and Shiva. Shiva is an accredited lab and the
Company has inspected its facilities. Shiva analyses gold by fire assay with
AAS finish and silver and base metals by ICP-Optical Emission Spectroscopy.
Shiva regularly runs standards, blanks and repeats, and the Company also
inserts its own standards, blanks and duplicates into each sample batch. Work
at Askot is under direct supervision of Andrew E. Nevin, P.Eng., a qualified
person under NI 43-101.
    Drilling at Askot is continuing, now stepping out to unexplored ground
northwest of coordinate 200N, the limit of drilling to date. The Company also
intends to drill deeper, below the previous limit of 800 metres elevation, and
to drill test several electromagnetic anomalies scattered along 3,000 metres
of strike length.

    Gadarwara.
    ----------
    The first drill hole, in the center of the magnetic anomaly, was lost in
loose sandy alluvium at 288 metres depth. The Company will redrill it after a
new pad is built nearby. The drill is now on a new hole at the south edge of
the anomaly. Casing is being run through the alluvium to bedrock at 307 metres
in preparation for core drilling.

    Change in Directors.
    --------------------
    David C.M. Bell resigned as Director effective September 19, 2007. Mr.
Bell was a director and president of Broadcast Capital Corp., the capital pool
company that was a predecessor of Pebble Creek Mining Ltd. The Company
appreciates his service for the past nine months.

    Annual General Meeting.
    -----------------------
    The Company's AGM will be held on September 27 at 1:00pm local time at
Suite 950, 790 Granville Street, Vancouver.

    About Pebble Creek.
    -------------------
    The Company is well funded and committed to exploration and mine
development in India. In addition to holding Askot and Gadarwara, it holds
title to one other prospect and has 16 applications pending on a total of more
than 14,000 square kilometres.

    On Behalf of the Board

    Gyan C. Singhai, P.Eng.

    Executive Chairman

    Forward-Looking Statements. This news release contains forward-looking
statements, which address future events and conditions, which 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 metal
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.

    "The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release."

    %SEDAR: 00023083E




For further information:

For further information: Gyan Singhai, Executive Chairman, Telephone:
(604) 696-6101; Mike Romanik, Investor Relations, Verenex Capital Corp.,
Telephone: (204) 724-0613

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Pebble Creek Mining Ltd.

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