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WCX

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Share Name Share Symbol Market Type
TSXV:WCX TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Williams Creek Gold Limited Reports on Annual General Meeting and Announces Phase II Exploration Program on its Barkerville Prop

22/07/2011 1:00pm

Marketwired Canada


Williams Creek Gold Limited (TSX VENTURE:WCX) ("Williams Creek" or "the
Company") is pleased to report on its Annual General Meeting held on July 14,
2011 in Vancouver. The matters brought before shareholders were approval of the
Company's Stock Option Plan, setting of the Board of Directors, and selection of
the Company's auditors for the coming fiscal year. 49,493,190 out of 109,057,249
shares outstanding were voted, and support for management was unanimous.


The recommended Board of Directors slate consisting of Michael Sonnenreich,
James Tutton, James Wyant, Brian Mitchell and Clark Lindley was unanimously
elected. Smythe Ratcliffe, Chartered Accountants were appointed auditors. The
Company's Stock Option Plan was approved.


Shareholders also received an update on Williams Creek's exploration activities
from John F. Childs, Consulting Geologist to Williams Creek, and Fran
MacPherson, the Company's Director of Barkerville Operations, who reported on
the preliminary results from Phase I of the exploration program being conducted
on the Company's Barkerville property.


Subsequent to the Annual General Meeting, the Board of Directors met and
re-appointed James W.F. Tutton as Chief Financial Officer of the Company and
Michael Sonnenreich as Chairman of the Board of Directors and Chief Executive
Officer.


The Board of Directors also approved a second phase in Williams Creek's ongoing
exploration in Barkerville. The Phase II program will consist in diamond
drilling, a trenching program, and other surveying. It will follow up on the
most promising results from Phase I, which is due to be completed this summer.
The Phase II program is set to begin in the Autumn of 2011.


"I am highly encouraged by the strong shareholder turn-out at Williams Creek's
Annual General Meeting," said Michael Sonnenreich, Chairman and CEO of Williams
Creek. "I am pleased that shareholders approved the recommended board slate, and
on behalf of the re-elected board, I hope and expect that we will continue to
deliver on the Company's strategy of exploration, joint venture and investment,
and royalty and financing agreements."


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


Williams Creek Gold Limited owns twenty-eight Crown Granted mineral claims 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. 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,

Michael R. Sonnenreich, Chairman and CEO

This News Release contains forward-looking statements. Forward-looking
statements are statements which relate to future events and conditions and
therefore involve inherent risks and uncertainties. These statements are only
predictions and involve known and unknown risks, uncertainties and other factors
that may cause our or our industry's actual results, levels of activity,
performance or achievements to be materially different from any future results,
levels of activity, performance or achievements expressed or implied by these
forward-looking statements. While these forward-looking statements, and any
assumptions upon which they are based, are made in good faith and reflect our
current judgment regarding the direction of our industry, actual results will
almost always vary, sometimes materially, from any estimates, predictions,
projections, assumptions or other future performance suggested herein. Except as
required by applicable law, the Company does not intend to update any of the
forward- looking statements to conform these statements to actual results. All
phases of the Company's operations are subject to environmental regulation and
governmental approval and permits and there can be no assurance that the Company
will obtain all the requisite permits for future development. Mining is an
inherently risky business with large capital expenditures and cyclical metals
markets.


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