IRN

Iron Creek Capital Corp. (TSX VENTURE:IRN) ("Iron Creek") is pleased to announce
an agreement to exchange property interests and royalties with its joint venture
partner, Hochschild Mining Holdings Limited (LSE:HOC.L) ("Hochschild").


The Exchange Agreement

Iron Creek and Hochschild have agreed to exchange their respective interests in
the Victoria and Pampa Buenos Aires Properties, so that Iron Creek will be the
100% beneficial owner of the Pampa Buenos Aires Property, and Hochschild will be
the 100% beneficial owner of the Victoria Property.


In addition, both parties have agreed to mutually exchange a 2% NSR royalty on
the properties, so that Iron Creek retains a 2% NSR royalty on any and all
future production from the Victoria Property, and Hochschild retains a 2%
royalty on any and all future production from the Pampa Buenos Aires Property.


The Pampa Buenos Aires Property

The Pampa Buenos Aires Property is an approximately 31,000 hectare land package
located in an exceptional position along the highly prospective Paleocene
mineral belt in northern Chile, approximately 35km southwest of the
multi-million ounce gold and silver district at El Penon and related deposits.
The property is contiguous with, and lies immediately north of, Iron Creek's
wholly owned Pampa Sur Property. Both properties are prospective for low
sulphidation epithermal bonanza precious metals veins and possibly disseminated
precious metals targets.


Iron Creek is currently operator and owner of a 50% interest in the Pampa Buenos
Aires Property (see last relevant Iron Creek news release dated July 20, 2011),
and Hochschild owns a 50% interest in the property as a result of its corporate
takeover of Andina Minerals Inc., Iron Creek's previous joint venture partner,
completed in February 2013 (see Hochschild news release dated February 20,
2013).


The Victoria Property

The Victoria Property is an outstanding approximately 45,000 hectare land
package located along the Domeyko Fault Zone in northern Chile, midway between
the world-class porphyry copper districts at La Escondida and El Salvador, and
is prospective for porphyry copper deposits and epithermal precious metals
systems, and contains multiple targets.


Hochschild is currently operator and owner of an approximately 66.1% interest in
the Victoria Property, with Iron Creek currently owning an approximately 33.9%
interest in the property (see last relevant Iron Creek news release dated
December 21, 2012).


Tim Beale, President of Iron Creek, comments;

"This agreement to exchange property interests and royalties with our joint
venture partner will allow Iron Creek to focus on moving forward with its
combined 44,000 hectare land package at Pampa Buenos Aires and Pampa Sur, where
exploration to date has shown excellent potential for high-grade gold-silver
veins, as well as some indications for possible disseminated precious metals
targets. It also removes Iron Creek from financial commitments at the Victoria
Property, where it is not the operator, whilst at the same time ensuring that
shareholders remain engaged with any discoveries and upside potential through
the 2% production royalty interest on the property."


ON BEHALF OF THE BOARD

Timothy J. Beale, President

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.
Timothy J. Beale
President
604.687.5544
604.688.1157 (FAX)
info@ironcreekcapital.com
www.ironcreekcapital.com

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