COPPER CREEK ANNOUNCES PRIVATE PLACEMENT

TSXV Trading Symbol: CPV

VANCOUVER, Oct. 4 /CNW/ - Copper Creek Gold Corp. (the "Company" or "Copper Creek", TSX.V: CPV) is pleased to announce a non-brokered private placement financing to raise gross proceeds of up to $990,000 (the "Private Placement"). The Private Placement will consist of two parts:

    
    1.  An aggregate of up to $490,000 through the issuance of up to
        2,800,000 units ("NFT Units") at a price of $0.175 per NFT Unit, each
        NFT Unit consisting of one non-flow-through common share and one non-
        transferable share purchase warrant ("NFT Warrant"). Each NFT Warrant
        will entitle the holder to purchase one additional non-flow-through
        common share in the capital of the Company for a period of twelve
        months from the date of issuance of the NFT Units, at an exercise
        price of $0.20 per share.

    2.  An aggregate of up to $500,000 through the issuance of up to
        2,500,000 units ("FT Units") at a price of $0.20 per FT Unit, each FT
        Unit consisting of one flow-through common share and one non-
        transferable share purchase warrant ("FT Warrant"). Each FT Warrant
        will entitle the holder to purchase one additional non-flow-through
        common share in the capital of the Company for a period of twelve
        months from the date of issuance of the FT Units, at an exercise
        price of $0.25 per share.
    

The Company may pay finder's fees to arm's length parties ("Finders") in connection with the Private Placement, equal to 8% of the subscription proceeds realized from the sale of the Units by the respective Finder, payable in either cash or, at the discretion of the Company, that number of units ("Finder's Units") as is equal up to 8% of the number of Units sold. The Finder's Units will consist of one common share and one non-transferable share purchase warrant, each warrant entitling the holder to purchase one additional common share for a period of twelve months at an exercise price equal to that of the respective NFT or FT Units sold by the Finder.

Certain directors, officers and insiders of the Company may participate in the Private Placement. The securities issued will be subject to a hold period of four months and one day.

In connection with the Private Placement, Bing Jung, the Company's Chief Executive Officer, and James Anderson, President of the Company, have sold an aggregate of 2,500,000 common shares of the Company through the facilities of the TSX Venture Exchange and will be participating in the Private Placement for up to 3,000,000 units.

Proceeds of the Private Placement will be used for the exploration of the Company's Bonsai Group of Claims located in the Eskay Creek area of northwestern British Columbia and for general working capital. Proceeds from the sale of FT Units will be used to incur expenditures which qualify as Canadian exploration expenses while proceeds from the sale of NFT Units will be used for both exploration expenses and general working capital.

The Private Placement will be subject to approval by the TSX Venture Exchange.

About Copper Creek

Copper Creek Gold Corp. is a Canadian based mineral exploration and development company currently operating in the Eskay Creek area of British Columbia. The Company also retains certain oil and gas assets in Alberta.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada (IIROC) accepts responsibility for the adequacy or accuracy of this release.

This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding future plans and objectives of Copper Creek are forward looking-statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Copper Creek's plans or expectations include availability of capital and financing, general economic, market or business conditions, regulatory changes, timelines of government or regulatory approvals and other risks inherent in the oil and gas and mineral exploration industries and from the time to time in the filings made by Copper Creek. Copper Creek makes all reasonable efforts to update its corporate material, documentation and forward-looking information on a timely basis.

For further information: Bing Jung, CEO, 604-662-3004, ext. 101; www.coppercreekgold.com