Iron Creek Provides Update on Kinross Minera Chile Limitada's Exploration Activities at the Las Pampas Project

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 30, 2014) - Iron Creek Capital Corp. (TSX VENTURE:IRN) ("Iron Creek") is pleased to provide an update on Kinross Minera Chile Limitada's ("Kinross") exploration activities at Iron Creek's Las Pampas project in northern Chile.

Over the last three months, geological mapping by Kinross confirmed potential for Au-Ag veins along the Cerritos Trend and possibly Acarreos, and identified a new area of interest at the southern end of the property at Cerro Jarosita. Kinross also continued sampling activities started by Iron Creek and submitted samples to laboratories. Kinross plans to continue detailed geological mapping, trenching and rock chip sampling at Las Pampas, located to the south of Yamana Gold's (TSX: YRI) El Peñon and Fortuna mines.

Kinross is a wholly owned subsidiary of Kinross Gold Corp. (TSX-TO: K) and has 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 by complying with the terms and conditions set out in the Option Agreement (the "Agreement") signed in April 2014. Further details of the Agreement can be found in Iron Creek's news releases dated August 8, 2013 and April 14, 2014.

Update on Exploration Activities at Las Pampas

Since signing the Agreement Kinross has set up a field base out of the northern port city of Antofagasta in order to support field activities at Las Pampas. Some 3,200 soil/colluvial samples, previously collected by Iron Creek, were submitted to the ALS analytical laboratory in La Serena. These soil/colluvial samples were part of an infill programme covering an approximately 10Km x 2Km arsenic and antimony anomaly along the Cerritos Trend highlighted from previous regional sampling campaigns undertaken by Iron Creek. Further, over 400 soil/colluvial, rock chip and float samples collected by Kinross from the project area were also sent for geochemical analysis. Kinross has also completed detailed geological mapping campaigns over parts of the project area, using both in-house and consultant geologists, including an analysis of the structural framework and hydrothermal alteration patterns.