Black Panther Grants Stock Options

News Release No: 11-09

Trading symbols:

TSX-V: BPC Frankfurt: BP4

Black Panther Grants Stock Options

West Vancouver, British Columbia – September 20, 2011 – Black Panther Mining Corp. (the “Company” or “Black Panther”) announces that, in accordance with the terms of the Company’s stock option plan, the Company has granted 990,000 incentive stock options to certain directors, officers, employees and consultants at an exercise price of $0.10 per share for a term of 5 years.

For further information, contact Mr. Clive Shallow, Shareholder Communications, at 604-922-2030, Robert A. Young, Investor Relations, at 604-682-5123 or visit the Company’s website at www.blackpanthermining.com.

BLACK PANTHER MINING CORP.

“Ronald A. Coombes”

_________________________________ Ronald A. Coombes, President & CEO

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