Caribou King Resources Ltd.: Seven Conductors Now Identified Over A 1.6 Kilometer Corridor at Mulloy Near Zenyatta's Albany G...

CARIBOU KING RESOURCES LTD. ("Caribou" or the "Company") (TSX VENTURE:CKR)
(FRANKFURT:CB8) is pleased to announce that three new eletromagnetic (EM)
conductors have been identified on its 100%-owned Mulloy graphite project,
located ten kilometers west of the Zenyatta Ventures Albany graphite project in
Ontario. A broad, northwest-trending corridor of seven EM conductors has now
been established that parallels the regional aeromagnetic trend for over 1.6
kilometers and remains open in all directions. Permits for line-cutting and
drilling have been submitted and are expected shortly, after which a grid will
be established to further refine the strike length of the conductive corridor. 


Mulloy Project Maps: http://www.caribouking.com/index.php?page=projects&project=18

Two additional horizontal loop EM survey lines were conducted on existing roads
located southwest of the initial north-south claim line survey (L0) that
identified the four previous conductors (see news release Sept. 11, 2013). One
new conductor was encountered on a NW-trending road located one kilometer
southwest of the L0 survey, and two conductors were identified on a second
NW-trending road located 1.6km from the L0 survey. These two conductors are 175m
apart and approximately 1.5km southwest of the historic graphite discovery hole
by Shell Canada Resources Ltd. that encountered 90% visual graphite in 18.68
meters of graphitic schist, followed by a second graphitic schist intersected
over 19.78 meters for a total of 38.46 meters (see news release, August 15,
2013). The total depth of the drill hole was 182.70 meters and is located
approximately 10 kilometers west of the Zenyatta's Albany graphite project. An
estimate of true thickness cannot be determined from the historic drilling, and
the graphite content is a visual historical estimate and should not be relied
upon without lab assay confirmation. 


Michael England, CEO and Director states, "We are extremely encouraged by these
latest results from Mulloy. Our recent fieldwork has established a broad
corridor with multiple conductors that align with the orientation of underlying
regional magnetics, and our historic drillhole with substantial graphite
intersections lies within this corridor. The grid EM survey will inevitably
establish high priority drill targets for our impending diamond drill program.
This is a very active and exciting time for Caribou King as we explore all of
our highly prospective graphite properties, several of which are in close
proximity to historic and operating graphite mines."


The technical contents of this release were approved by Dr. Tom E. McCandless,
P. Geo., qualified person as defined by National Instrument 43-101. The property
has not been the subject of a National Instrument 43-101 report, and Dr.
McCandless has not verified the technical data disclosed in this release.


The company further announces it has granted a total of 500,000 stock options to
a director and an officer of the company, exercisable at a price of $0.07 per
share for a period of up to five years from the date of grant.


About Caribou King Resources 

Caribou King Resources Ltd. (TSX VENTURE:CKR) is a publicly-listed, Canadian
junior exploration company that holds a portfolio of highly prospective mineral
properties located throughout Canada, including seven newly-acquired graphite
projects. These Graphite projects include: Mulloy and Nezen in Ontario that are
close to and adjoin the Zenyatta Ventures Ltd. Albany graphite project; TAC in
Quebec with historic drilling including 9.86% Cgf over 46.75 meters; Lac Vert in
Quebec with graphite intersections in three historic drill holes; Calumet in
Quebec that is contiguous to the Canada Carbon (TSX VENTURE:CCB) Miller
hydrothermal lump-vein graphite project; Buckingham that is located 750 meters
west of the historic Walker Graphite Mine; St.Aime property that is contiguous
with the Timcal Graphite Mine, currently Canada's only producing graphite mine.
Caribou is advancing each of these projects through multiple active exploration
programs now underway.


On Behalf of the Board of Directors

Michael England, CEO

Caribou King Resources Ltd.

Neither the 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 PLEASE CONTACT: 
Caribou King Resources Ltd.
Michael England
CEO
1-604-683-3995 or Toll Free: 1-888-945-4770
www.caribouking.com

Caribou King Resources Ltd. (TSXV:CKR)
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