Blue Note Caribou Drilling Encounters Significant Mineralization Thickness Intersects 34.8 meters grading 7.22% Zn and 2.69% Pb Montreal QC, October 28, 2008 - Blue Note Mining Inc. reports that it has intersected a significant width of mineralization during the course of its underground drilling program at its Caribou mine, located near Bathurst, New Brunswick. The highlight of this drilling program is hole UGX-08-27, drilled in the lower edge of the inferred resources envelope intersected an estimated true width of 34.8 meters (49.17 meters core length) grading 7.22% Zn and 2.69% Pb. The mineralization located in hole UGX-08-27 is significantly thicker than the typical ore width currently mined in the Caribou deposit which are on average between 3 and 5 meters. This ore grade intersection remains open at depth and along strike to the north, both directions point toward potential new resources not accounted for in the inferred resources category of the Caribou deposit. The objective of the recent underground exploration program was to further define portions of the known inferred resource located directly below current mine reserves. Drilling was also undertaken to explore for additional mineralization in the vicinity of the current resource. The program successfully tested the down plunge extension of ore lenses 1, 2, 3 and 6. Symbol & Exchange: BN-TSX | Shares Outstanding: 363