Black Bull Resources Inc. (TSX VENTURE:BBS.H) has released its Interim Report
including the Financial Statements and Management's Discussion & Analysis for
the first fiscal quarter ended March 31, 2013.


The Company recorded a net and comprehensive loss for the three month period of
$46,477 versus $52,418 for March 31, 2012, or ($0.00) per share versus ($0.00).
Allowing for non-cash operating expense of $4,156 compared to $4,574 for March
31, 2012 the Company's operational cash flow was ($42,291) versus ($47,843) for
March 31 2012.


Year to date, the Company recorded a net and comprehensive loss of $93,115
versus $98,367 for the six month period ended March 31, 2012, or ($0.00) per
share vs. ($0.00). Allowing for non-cash operating expense of $8,303 compared to
$9,149 for March 31, 2012, the Company's operational cash flow loss was $84,812
vs. $89,220 for March 31, 2012.


The Company had no sales during the quarter as Black Bull Resources Inc. was in
a hibernation mode while continuing to seek longer term strategic options for
its reserves. The focus continues to be to reduce cash burn to allow the Company
to seek other options. It is clear that much uncertainty remains regarding the
viability of Black Bull Resources Inc.


On May 30, 2013, the Company held its Annual General meeting in Halifax. Richard
Shearer, Dave Wood, Jim Gogan and Joseph MacDonald were reelected to the Board.


A complete set of Black Bull's Financial Statements, Notes to the Consolidated
Financial Statements and Management's Discussion and Analysis for the period
ended March 31, 2013 have been filed on SEDAR at www.sedar.com.


About Black Bull Resources Inc.

Black Bull Resources Inc. is a Canadian mining company based in Nova Scotia that
owns the White Rock Mine near Shelburne. Prior to suspension of operations, the
mine produced a unique, bright, white, high-purity quartz, marketed under the
Scotia White(TM) trademark which is used in a range of value-added, specialty
products.


The White Rock Property also contains an identified resource of kaolin and mica.

Further detailed information may be obtained from the Company's website
www.blackbullresources.com or corporate filings at www.SEDAR.com.


FORWARD-LOOKING STATEMENTS: This news release contains certain forward-looking
statements. All statements, other than statements of historical fact, included
herein, including without limitation statements regarding the Company's mining
properties, development results or future plans, are forward-looking statements
that involve various risks and uncertainties. There can be no assurance that
such statements will prove to be accurate and actual results and future events
could differ materially from those anticipated in such statements. Factors that
could cause actual results or events to differ materially from current
expectations include, among other things, changes in mineral prices,
fluctuations in currency exchange rates, uncertainties relating to the
availability and costs of financing needed in the future, the capital and
operating costs varying significantly from estimates, delays in the development
of projects, as well as those risk factors discussed or referred to in
Management's Discussion and Analysis under the heading "(Risks and
Uncertainties)" and other documents filed from time to time with the securities
regulatory authorities in all provinces and territories of Canada and available
at www.sedar.com.


Although the Company has attempted to identify important factors that could
cause actual actions, events or results to differ materially from those
described in forward-looking statements, there may be other factors that cause
actions, events or results not to be anticipated, estimated or intended. There
can be no assurance that forward-looking statements will prove to be accurate,
as actual results and future events could differ materially from those
anticipated in such statements. Unless required by law, the Company undertakes
no obligation to update forward-looking statements if circumstances or
management's estimates or opinions should change. Accordingly, readers are
cautioned not to place undue reliance on forward-looking statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Black Bull Resources Inc.
Joseph MacDonald
President & CEO
902-631-2129
www.blackbullresources.com

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