Iron Creek Enters Into Option Agreement With Kinross Minera Chile Limitada in Respect of Iron Creek's Las Pampas Property

Iron Creek Capital Corp. (TSX VENTURE:IRN) ("Iron Creek") is pleased to announce
that it has signed an option agreement (the "Agreement") with Kinross Minera
Chile Limitada ("Kinross"), a wholly owned subsidiary of Kinross Gold Corp.
(TSX:K), whereby Kinross will have the sole and exclusive option and right to
acquire up to a 75% undivided interest in Iron Creek's Las Pampas mining
concessions located in northern Chile (the "Concessions"), by complying with the
terms and conditions set out in the Agreement.


Kinross has stated that it will start exploration activities on the Las Pampas
property immediately.


A non-binding Letter Agreement for Las Pampas was originally signed between Iron
Creek and Kinross on July 24th, 2013, with a 60-day exclusivity period during
which a definitive option agreement was to be completed between the parties, a
period that was also designed to allow Kinross to complete its due diligence of
the Concessions. This exclusivity period was extended by mutual agreement
between the parties in order to allow these processes to be completed, including
the preparation of Spanish-language documents for registration in Chile.


Further details of the agreement can be found in Iron Creek's news release dated
August 8th, 2013. An Initial Option Period of four years will allow Kinross to
earn a 60% interest in the Las Pampas Properties by spending $5 million. Kinross
then has an Additional Option Period lasting five years during which it can earn
an additional 15% (to 75% in total) by either spending a total of $20 million or
completing a Canadian NI 43-101 compliant bankable feasibility study on the
property. Iron Creek has the option of participating in the project with either
a 40% or 25% interest in the properties, depending on Kinross' actions and
decisions during the Initial and Additional Option Periods respectively, or
converting its interest to a NSR Royalty.


About Las Pampas Property

Iron Creek's 100% owned Las Pampas Property is an approximately 50,000 hectare
land package located in an exceptional position along the highly prospective
Palaeocene mineral belt in northern Chile. The property is centred along strike
and approximately 35Km southwest of the multi-million ounce gold and silver
mining district at El Penon and related deposits. The consolidated Las Pampas
property previously comprised two separate but contiguous packages of
concessions called Pampa Buenos Aires and Pampa Sur.


Previous exploration activities, including drilling, have returned excellent
geological, geochemical and geophysical results indicative of low sulphidation
epithermal bonanza precious metals veins - the main target type sought -
together with evidence for possible disseminated precious metals targets and
deep porphyry copper targets. Further details can be obtained from Iron Creek's
website (http://www.ironcreekcapital.com/s/LasPampas.asp).


Tim Beale, President of Iron Creek, commented: "Since signing the original
non-binding Letter Agreement with Kinross, we have been working hard with
Kinross to allow them to complete due diligence on the properties, as well as
drafting acceptable definitive option agreements in Spanish and English. We are
very pleased that this process has now been concluded, and that Kinross can
continue exploration activities on this exciting property immediately. Several
priority targets will be investigated by Kinross with a view to further drill
testing of the best targets in due course. Kinross will bring significant
experience, expertise and financial clout to bear on the property, to ensure
that the exploration investment will maximise chances for success."


ON BEHALF OF THE BOARD

Timothy J. Beale, President

Neither the TSX Venture Exchange nor the Investment Industry Regulatory
Organization of Canada accepts responsibility for the adequacy or accuracy of
this release.


Forward-Looking Statement

Some of the statements in this news release contain forward-looking information
that involves inherent risk and uncertainty affecting the business of Iron Creek
Capital Corp. Actual results may differ materially from those currently
anticipated in such statement.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Iron Creek Capital Corp.
604.687.5544
604.688.1157 (FAX)
[e-mail]
www.ironcreekcapital.com