Fairmont Options Lac Elan Ilmenite-Magnetite Property

Fairmont Resources Inc. (TSX VENTURE:FMR) ("Fairmont") is pleased to announce
that it has signed a definitive option agreement with ElanOre Resources Inc. to
option a 40% Interest in the Lac Elan Property (the "Property").


Lac Elan Ilmenite-Magnetite Property Option Agreement

To acquire 40% of the Property, Fairmont will issue 1,000,000 shares within 5
days of the TSX Venture Exchange's ("TSXV") final approval. Fairmont must also
spend $100,000 in exploration or development expenditures on the property within
24 months of the effective date of the option agreement, with a minimum $25,000
being incurred before the first anniversary of the effective date of the option
agreement, and the balance before the second anniversary of the effective date
of the option agreement. The 388.5 sq km Lac Elan property, located near
Saguenay, Quebec, was staked between 2009 and 2011. Surface sampling, trenching
and prospecting have produced consistent iron and titanium analysis over a
considerable strike length with values up to 56.88% Fe2O3, 16.93% TiO2, and
0.42% V2O5 over 18.5 meters in trench sampling.


Commenting on the Lac Elan Property, Michael Dehn, President and CEO, said, "The
option of the lac Elan Property is a result of Fairmont's expertise identifying
opportunities in commodities often overlooked by the others. Lac Elan provides
Fairmont with a strong asset to build a small, valuable resource that is close
to infrastructure in Quebec."


Neil Pettigrew, M.Sc., P.Geo., Director of Fairmont Resources Inc. and the
Company's Qualified Person as defined by NI 43-101, has reviewed and approved
the technical information in this press release.


About Fairmont

Fairmont is a mineral exploration company focused on exploration and development
in Canada. Fairmont currently holds an option to acquire a 100% interest in the
Marmion South Property and a 100% interest in the Houghton Lake Property all of
which are located in Northwestern Ontario.


Forward-Looking Statements

Information set forth in this news release contains forward-looking statements
that are based on assumptions as of the date of this news release. These
statements reflect management's current estimates, beliefs, intentions and
expectations. They are not guarantees of future performance. Fairmont cautions
that all forward-looking statements are inherently uncertain and that actual
performance may be affected by a number of material factors, many of which are
beyond Fairmont's control. Such factors include, among other things: risks and
uncertainties relating to Fairmont's exploration program of its mineral
properties and Fairmont's limited operating history. Accordingly, actual and
future events, conditions and results may differ materially from the estimates,
beliefs, intentions and expectations expressed or implied in the forward-looking
information. Except as required under applicable securities legislation,
Fairmont undertakes no obligation to publicly update or revise forward-looking
information. Except as required under applicable securities legislation,
Fairmont undertakes no obligation to publicly update or revise forward-looking
information.


NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM
IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Fairmont Resources Inc.
Michael A. Dehn
President and CEO
647-477-2382
[e-mail]


Rain Communications
Ralph Biggar
Direct: 604-306-2525
Toll Free: 1-877-614-6113
[e-mail]