Williams Creek Gold Limited Releases Q3 Financial Statements and Management's Discussion and Analysis

Williams Creek Gold Limited ("Williams Creek," or the "Company") (TSX
VENTURE:WCX) is pleased to announce the release of its unaudited Financial
Statements as well as its Management's Discussion and Analysis for the third
quarter ended October 31, 2013. These financial statements have been prepared in
accordance with the International Financial Reporting Standards (IFRS).


For the third quarter, the Company is reporting a net loss of $42,265 compared
to a net loss of $506,465 in the prior year's quarter. The decrease in loss
relates to a reduction in operating expenses, totaling $69,467 for the third
quarter of fiscal 2014, compared to $137,251 during the same period of fiscal
2013. The Company recorded a net loss of $616,366 for the first nine months of
fiscal 2014, compared to a net loss of $1,083,745 in the prior year's period.
The Company ended the quarter with $407,102 in cash and cash equivalents, and
continues to hold a strong balance sheet with $7.2 million in assets and $36,289
in liabilities. 


The Company incurred $12,441 in exploration expenditures during the third
quarter, and remains focused on completing the evaluation of its British
Columbia properties. "With the current state of the gold mining industry, we
will take an opportunistic view in making additional strategic investments. We
remain confident Williams Creek is well-positioned to benefit from an upturn in
the current gold environment," stated Chairman and CEO James Wyant. 


The unaudited Financial Statements and Management's Discussion and Analysis
(MD&A) are available on the Company's website (www.williamscreek.ca) under
"Company Filings" and will be available shortly on SEDAR (www.sedar.com).


About Williams Creek Gold Limited (WCX)

Visit 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 subsector, through exploration, joint ventures or other equity investments,
royalty and finance agreements.


Williams Creek Gold Limited owns twenty-eight Crown Granted mineral claims known
as the Barkerville Project in the immediate vicinity of Barkerville, BC in the
Cariboo mining division. The Cariboo gold belt and the Barkerville Camp have a
long history of gold production dating back to the 1800s. Historically the
Barkerville Camp has reported gold production of 3.8 million ounces, including
2.6 million ounces from surface placer and 1.2 million ounces from lode mining.
When placer gold production peaked in the late 1890s, Williams Creek Gold's
Black Jack (District Lot 1B), Home Stake (District Lot 4B), Cornish (District
Lot 1F) and Wintrip (District Lot 32F) Crown Granted mineral claims were among
the first acquired in the early search for lode gold.


Williams Creek Gold Limited also owns a block of four mineral claims 17km west
of Barkerville known as the Pine Properties. The Company has three Crown Granted
mineral claims in the Kamloops Mining Division, two of which are adjacent to New
Gold's New Afton project. Williams Creek Gold Limited also owns the Ahbau Creek,
Chubby Bear and Ahbau Lake claim groups in Central British Columbia.


Williams Creek Gold is earning a 50% interest through a joint venture with Tyhee
Gold Corp. in the Big Sky Property north of Yellowknife, NWT. 


Additionally, Williams Creek Gold Limited has a net 30% interest in the ATW
diamond property in the MacKenzie Mining District of the Northwest Territories. 


On behalf of the Board of Directors,

James Wyant, Chairman and 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
Chairman and CEO
514.983.6194
www.williamscreek.ca