Williams Creek Gold Limited Releases Annual Financial Statements and Management's Discussion and Analysis for the Fiscal Year...

Williams Creek Gold Limited ("Williams Creek," or the "Company") (TSX
VENTURE:WCX) is pleased to announce the release of its audited Financial
Statements and its Management's Discussion and Analysis for the fourth quarter
and year ended January 31, 2014. These financial statements have been prepared
in accordance with the International Financial Reporting Standards (IFRS).


These documents are available on the Company's website (www.williamscreek.ca)
under Company Filings and will be available shortly on Sedar (www.Sedar.com).


For the fiscal year ended January 31, 2014, the Company is reporting a net loss
of $614,262 or a $0.01 loss per share, compared to a net loss of $1,184,855 or a
$0.01 loss per share in the prior year. The comprehensive loss for the year is
$498,505, after accounting for an unrealized gain on long-term investments of
$115,757, versus a comprehensive loss of $1,301,279 in the prior year. Operating
expenditures of $437,971 and exploration and evaluation expenditures of $342
were expensed in the year.


The Company capitalized $46,788, net of recoveries, in exploration and
evaluation costs for the year and has additional work planned for the 2014/2015
fiscal year to continue the evaluation of its British Columbia properties and
the fulfillment of the terms of its Joint Venture agreement with Tyhee Gold
Corp. Total investments made on acquisitions, loan receivable and exploration
and evaluation expenditures in the year were $382,617, versus $1,336,313 in the
previous year.


 As at January 31, 2014, the Company had cash and cash equivalents of $272,284,
non-cash working capital of $172,450, investments held for trading of $654,870
as well as long-term investments of $2,661,110 and current liabilities of
$56,076. No financing activities were undertaken during the year ended January
31, 2014, as management believes current resources will be sufficient for growth
in the coming fiscal year.


HIGHLIGHTS AND DEVELOPMENTS FOR 2014



--  The Company continued its review of its various prospects and upcoming
    exploration programs and incurred a further $58,719 before B.C. mining
    tax credits of $6,931 on its properties, details of which are disclosed
    in the Company's consolidated financial statements.

--  The Company issued options to directors to acquire up to 1,000,000
    shares of the Company, 600,000 at $0.21 per share and 400,000 at $0.10
    per shares, exercisable to February 21 and November 18, 2018,
    respectively.

--  1,350,000 options issued to its former Chairman and directors expired
    unexercised following their resignation from the Board in fiscal 2014.

--  The Company completed its trenching program on its Barkerville project.

--  The Company acquired $178,899 in additional common shares of other
    junior exploration companies. 



. About Williams Creek Gold Limited (WCX)

Visit http://www.WilliamsCreek.ca to learn more about Williams Creek Gold Limited.

Williams Creek Gold Limited is a Canadian company with the primary purpose of
participating broadly in the natural resource sector, with an emphasis on the
gold sub-sector, through exploration, joint ventures or other equity
investments.


The Company owns various mineral interests in the Cariboo, Kamloops and Omineca
Mining Divisions in the province of British Columbia. The Company also has a
joint venture outside of Yellowknife, NT, and a net 30% interest in the ATW
diamond property in the MacKenzie Mining District of the Northwest Territories.


The Company is engaged in the exploration of mineral properties, an inherently
risky business. There is no assurance that a mineral deposit will ever be
discovered and economically produced. Most exploration projects do not result in
the discovery of commercially mineable ore deposits. The price of gold is
affected by numerous factors beyond the control of the Company and has been
volatile over short periods of time.


The Company is subject to the laws and regulations relating to environmental
matters in all jurisdictions in which it operates, including provisions relating
to property reclamation, discharge of hazardous material and other matters. The
Company may also be held liable should environmental problems caused by former
owners and operators of its properties and properties in which it had an
interest be discovered. The Company believes it conducts its mineral exploration
activities in compliance with all local legislation and regulation as well as
all applicable environmental protection legislation. The Company is not aware of
any existing environmental problems related to any of its current or former
properties that may result in material liability to the Company. Environmental
legislation is becoming increasingly stringent and costs and expenses of
regulatory compliance are increasing. The impact of new and future environmental
legislation on the Company's operations may cause additional expenses and
restrictions. If the restrictions adversely affect the scope of exploration and
development on the mineral properties, the potential for production on the
property may be diminished or negated. Although, the Company has taken steps to
verify the title to mineral properties in which it has an interest, in
accordance with industry standards for the current stage of exploration of such
properties, these procedures do not guarantee the Company's title. Property
title may be subject to unregistered prior agreements or transfers and title may
be affected by undetected defects. The Company has no revenues from operations
at present; the only sources of funds currently available to the Company are the
appreciation of assets held by the company and their sale, the sale of equity
capital, or the offering of an interest in its projects to another party.


The Company is a reporting issuer in British Columbia, trading on the TSX
Venture Exchange under the symbol "WCX.V".


On behalf of the Board of Directors,

James Wyant, Chairman and interim CEO

Williams Creek Gold Limited

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


This news release may contain forward-looking statements including management's
assessments of future plans and operations, and the anticipated timing of
meeting the terms of its joint venture agreement obligations. These statements
are based on current expectations that involve a number of risks and
uncertainties, which could cause actual results to differ materially from those
anticipated. These risks include, but are not limited to, the risks associated
with the mining and exploration industry (e.g. operational risks in development,
exploration and production; delays or changes in plans with respect to
exploration or development projects or capital expenditures), and the
uncertainty of the availability of capital. 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Williams Creek Gold Limited
James Wyant
514.983.6194