WCX

Williams Creek Explorations Limited ("the Company," "WCX," or "Williams Creek")
(TSX VENTURE:WCX) reports that it has engaged Loewen, Ondaatje, McCutcheon
Limited to conduct a brokered private placement of 4,324,325 Flow Through Shares
at a price of 0.37 CAD per share (the "Offering") for gross proceeds of
1,600,000 CAD. The proceeds from the offering will be used in order to fund
Canadian Exploration Expenses associated with the exploration of Williams
Creek's crown grants in the Barkerville area of British Columbia.


"Williams Creek has put together a coherent strategy to explore its properties
in Barkerville and is working with leading geologists with very strong local
knowledge," said Michael Sonnenreich, Chairman and CEO of Williams Creek. "This
financing will help our team advance Williams Creek's exploration and follow up
on the promising results from past drilling campaigns."


Williams Creek has approval to launch a diamond drilling program on its crown
granted mineral properties adjacent to Barkerville, British Columbia. The
permit, which will last until the end of 2011, provides for up to 72 holes at 29
locations (NR, October 21, 2010). The Company will renounce the resultant
Canadian Exploration Expenses during 2011.


"As I have said before, Williams Creek's business plan has three parts: 1)
Exploring its existing holdings, 2) participating in equity and joint venture
agreements, and 3) engaging in royalty agreements and financings," said Mr.
Sonnenreich. "Our planned drilling program in Barkerville is a clear example of
our intention to vigorously explore Williams Creek's historical holdings. I am
very much looking forward to our planned drilling campaign during spring and
summer of 2011."


There is an over-allotment of 275,000 CAD in the event that the Offering is
over-subscribed. Loewen, Ondaatje, McCutcheon Limited will be paid a cash fee
equal to 6.0% of the gross proceeds raised in the Offering and receive
non-transferable options to acquire common shares in an amount equal to 6.0% of
the number of Flow Through Shares sold. Closing of the Offering is anticipated
to be on or about December 21, 2010. 


The Offering:

All securities issued pursuant to the private placements will be subject to a
four month hold period. Completion of the offerings is subject to the
satisfaction of certain conditions, including TSX Venture Exchange acceptance of
the offerings.


THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR
DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES,
AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN. THESE
SECURITIES HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF
1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD
IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.


About WCX:

Visit http://www.WilliamsCreek.ca to learn more about Williams Creek
Explorations Ltd. Williams Creek Explorations Ltd. 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.


The Company owns twenty-eight crown granted mineral claims in the Cariboo Mining
Division and three crown granted mineral claims in the Kamloops Mining Division.
The Company also has a net 30% interest in the ATW diamond property in the
MacKenzie Mining District of the Northwest Territories.


This news release may contain forwardlooking statements including management's
assessments of future plans and operations, and expectations of future
production. These statements are based on current expectations that involve a
number of risks and uncertainties, which could cause actual results to differ
materially from those anticipated. These risks include, but are not limited to,
the risks associated with the mining and exploration industry (e.g operational
risks in development, exploration and production; delays or changes in plans
with respect to exploration or development projects or capital expenditures; the
uncertainty of reserve estimates; the uncertainty of estimates and projections
relating to production and the uncertainty of the availability of capital). The
assumptions used in the preparation of such statements, although considered
reasonable at the time of preparation, may prove to be imprecise and, as such,
undue reliance should not be placed on forward-looking statements.

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