Williams Creek Gold Limited Releases Annual Financial Statements and Management's Discussion and Analysis for the Quarter (Q2) Ended July 31, 2014

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 26, 2014) - Williams Creek Gold Limited ("Williams Creek," or the "Company") (TSX VENTURE:WCX) is pleased to announce the release of its unaudited Financial Statements and its Management's Discussion and Analysis for the period ended July 31, 2014 (Q2). 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 quarter ended July 31, 2014, the Company is reporting a net loss of $53,318 or a $0.01 loss per share, compared to a net loss of $151,133 or $0.01 loss per share in the comparable prior year's quarter. Realized and unrealized gains on the Company's investments of $70,792 accounted for the majority of decrease in the losses. The comprehensive income for the quarter is $218,888 and is after accounting for an unrealized gain on long-term investments of $272,206, versus a comprehensive gain of $81,714 in the comparable prior year's quarter. Operating expenditures of $124,240 were incurred during the current quarter. The operating expenses incurred by the Company are dependent upon the level of activities undertaken during any period. No exploration expenditures were incurred during the quarter.

As at July 31, 2014 the Company has financial instruments consisting of cash of $288,933, note receivable of $154,142 investments held for trading of $853,096 and long-term investments of $2,395,000. The Company's balance sheet remains strong with total assets of $8,015,197 and liabilities of $111,625 all of which are current.

Subsequent to the period end Mr. James Wyant was reappointed as interim CEO as disclosed in the Company's news release of July 25, 2014.

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.