IRN

Iron Creek Capital Corp. (TSX VENTURE:IRN) ("Iron Creek" or the "Company") is
pleased to announce that it has closed the previously announced acquisition of
five exploration properties prospective for gold, silver and copper, located in
northern Chile, from Minera Fuego Limitada, ("Fuego"), a privately owned Chilean
exploration company. Additionally, and as part of the agreement with Fuego,
Raymond Jannas has been appointed to Iron Creek's Board of Directors.


Tim Beale, President of Iron Creek, commented: "We are pleased to have closed
the previously announced deal with Minera Fuego that allows Iron Creek to
significantly increase its property portfolio in several highly prospective
mineral belts of northern Chile. This signifies another milestone for 2014 after
the consolidation of the Company's shares and the successfully raising of
approximately C$5.6 million in a private placement financing. The important San
Guillermo property is complementary to our existing Las Pampas and Magallanes
properties, and establishes Iron Creek as a major player in the important
Paleocene mineral belt. These properties are low altitude, easily accessed, and
are highly prospective for bonanza-style epithermal precious metals veins.
Calvario-Mirador, San Valentino and Reina Hija all represent porphyry copper
targets with significant untested potential, particularly for deeper hypogene
copper centres. Bronce Weste has potential for mineralised veins, as well as a
possible deep porphyry copper target.


The company will focus in the short term on reprocessing existing exploration
databases in order to refine target models, complemented by limited additional
surface exploration, prior to farming out the most attractive targets for third
party investment and drill testing.


We are also delighted to welcome Raymond Jannas to our Board of Directors.
Raymond will strengthen the board and bring significant knowledge and an
important network of contacts to help support our efforts to continue growing
Iron Creek."


About the Acquisition

Pursuant to a previously announced binding Letter of Intent (see the Company's
news release dated May 6, 2014), a wholly owned Chilean subsidiary of Iron Creek
has concluded the purchase and acquisition from Fuego of 100% of five mining
concessions in northern Chile known as the San Guillermo, Calvario-Mirador, San
Valentino, Reina Hija and Bronce Weste concessions (the "Concessions").


In consideration for the Concessions, Iron Creek has granted to Fuego a 2% Net
Smelter Royalty on precious metals and a 1% Net Smelter Royalty on base metals
mined from the Concessions (the "NSR Royalties"), and issued to Fuego 3,479,464
common shares, representing 9.9% of the issued and outstanding share capital of
the Company. Iron Creek shall have the perpetual right to acquire 50% of each of
the NSR Royalties on each property in consideration of a cash payment to Fuego
of USD 5.0 million, on a property by property basis.


Additionally, the Company shall issue a further 1 million common shares to Fuego
upon completion by Iron Creek of its first feasibility study regarding a project
to be developed on any of the Concessions.


About the Concessions

San Guillermo comprises more than 24,000 hectares (Ha) of exploration and mining
tenement located about 70 kilometers (km) southeast of Taltal within the
Palaeocene Belt of northern Chile, a highly productive mineral belt containing
numerous important gold, silver and copper mines and projects, including Yamana
Gold's (TSX:YRI) El Penon and Fortuna mines. San Guillermo complements Iron
Creek's 50,000 Ha Las Pampas property located some 100 km to the north that was
optioned to Kinross Gold's (TSX:K) Chilean subsidiary in April 2014. The San
Guillermo property also surrounds Yamana Gold's Amancaya project (currently
subject to a sale agreement with Austral Gold Limited (ASX:AGD)), where several
precious metals-rich veins have been drill tested. San Guillermo is mainly
prospective for low-sulphidation epithermal precious metals veins similar to
those found at Amancaya and El Penon. Previous exploration by Fuego, including
approximately 46,000 m of drilling, has focused on several targets on the San
Guillermo property. Numerous drill intercepts are reported, but much of the
property remains unexplored.


Calvario-Mirador represents two targets separated by about 10 km of strike
located about 83 km northeast of La Serena, along the southern extensions of the
highly productive and prospective north Chilean porphyry copper belt. The
northern Calvario porphyry Cu-Mo target (2,200 Ha) is situated along trend and
approximately 100 km to the south of Teck's (TSX:TCK.A)(TSX:TCK.B) Relincho
porphyry copper and molybdenum project. The Mirador porphyry Cu-Mo target (3,300
Ha) is centred about 10 km to the south of Calvario. Approximately 4,300 m of
drilling at Calvario has cut weak secondary enrichment to date. No drilling has
been carried out at Mirador.


San Valentino comprises 1,200 Ha of tenement and lies within the Central Chilean
porphyry copper province, located in the region of Santiago, which hosts some of
the most important copper deposits in the country. San Valentino is situated
approximately 48 km south-southwest of Antofagasta Minerals' (LSE:ANTO) giant
copper mine at Los Pelambres, and about 38 km northwest of Los Andes Copper
Ltd.'s (TSX VENTURE:LA) Vizcachitas project. San Valentino represents a poorly
eroded porphyry copper system, where a buried hypogene core is the main target.
Peripheral auriferous silica ledges have been tested by approximately 1,600 m of
drilling carried out by Fuego.


Reina Hija comprises 1,800 Ha of tenement located around the southern margins of
the Queen Elizabeth porphyry copper exploration project of Anglo American
(LSE:AAL), and along the northern extensions of the Domeyko Cordillera porphyry
copper belt in northern Chile. Evidence for both low-sulphidation epithermal
precious metals (Cerro Vilacollo) and hypogene porphyry copper (Diana)
mineralisation exists on the property. The property is situated along trend and
120 km north-northwest of the giant Collahuasi copper mining district of Anglo
American and Glencore (LSE:GLEN).


Bronce Weste totals 4,344 Ha and is located southeast of Los Vilos and
immediately to the west of the El Bronce de Petorca Au-Ag-Cu mines (Cia. Minera
Can-Can S.A.). A limited number of structural targets anomalous in Cu, Au and
other elements have been tested by Fuego by almost 5,000 m of drilling. A very
large, structurally controlled alteration zone on the property remains to be
fully explored.


Appointment to the Board of Directors of Iron Creek - Raymond Jannas

As part of the agreement with Fuego, Iron Creek has appointed Raymond Jannas to
Iron Creek's Board of Directors with immediate effect. Raymond, a Chilean
national, brings a wealth of knowledge and experience to Iron Creek's board with
over 33 years' experience in mining geology, exploration and business
development with companies such as Hochschild Mining, Gold Fields, Metallica
Resources and LAC Minerals. During his career, Raymond has headed discovery
teams that led to the discovery of deposits such as Pascua-Lama and El Morro in
Chile, and Choco 10 in Venezuela, as well as the acquisition of Cerro Corona in
Peru. Raymond is currently a consultant to Fuego, President of his own
consulting company, and is a director of Southern Legacy Minerals Inc. (TSX
VENTURE:LCY). Fuego shall have the right to designate a member of the Company's
Board so long as Fuego owns more than 5% of the Company's common shares.


Dr. Demetrius Pohl, PhD., Certified Professional Geoscientist (CPG), an
independent consultant, is the Company's Qualified Person for the purposes of
National Instrument 43-101 Standards of Disclosures for Mineral Projects of the
Canadian Securities Administrators, and has approved the written disclosure of
the technical information contained in this news release.


About Iron Creek

Iron Creek Capital Corp. is a Vancouver-based exploration company focused on the
acquisition and exploration of world-class mineral systems in Chile. The Company
has assembled a portfolio of exploration projects prospective for gold, silver
and copper mineralization.


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)
info@ironcreekcapital.com
www.ironcreekcapital.com

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