LonyerGreenCooper to Test Fairmont DSO Lump Titano-Magnetite

Fairmont Resources Inc. (TSX VENTURE:FMR) (PINKSHEETS:FRSSF) (FRANKFURT:F0O1)
("Fairmont") is pleased to announce it has shipped DSO Lump Titano-Magnetite
from its 100% owned Buttercup Property near Saguenay, Quebec, to a test facility
for LonyerGreenCooper Trading Co. Ltd.("LonyerGreenCooper"). 


LonyerGreenCooper was formed in 2013 as a joint venture between Lonyer Fuels
Co., Ltd, a listed company in the Shanghai Stock Exchange and GreenCooper
(Shanghai) Investment Management Limited.


Fairmont has shipped an initial 7.6 kg sample to a laboratory selected by
LonyerGreenCooper for independent testing. If required, an additional 50kg
sample would be shipped following the initial sample test results. Based on
positive test results, LonyerGreenCooper has expressed interest in 60,000 tonnes
of DSO Lump Titano-Magnetite, and if their customer's acceptance of the product
is well received, discussion would begin for a three year offtake agreement, for
potentially 100% of DSO Lump Titano-Magnetite production from the Buttercup
Property.


"Discussions with LonyerGreenCooper have brought us to the point where they are
testing material from our Buttercup property at an independent facility in China
that verifies their products. As we continue the permitting process we are also
working to find customers in the aggregate, cement and blast furnace industries"
states Michael Dehn, President and CEO of Fairmont. 


Fairmont acquired the Buttercup property with an Exclusive Lease to Mine Surface
Mineral Substances, BEX 1270, which covers a surface area of 15.3 hectares.


Fairmont's Quebec properties cover numerous occurrences of high-grade
titaniferous magnetite with vanadium. Where these occurrences have been tested
they have display exceptional uniformity with respect to grade. These
occurrences are of considerable interest due to their proximity to tide water,
with the Grand Anse Sea Terminal at the Port of Saguenay located within 100km of
all of Fairmont's properties.


Any decision to commence production at the Buttercup Property will not be based
on a NI 43-101 mineral resource or reserve estimate, a pre-feasibility study or
feasibility study. In the event that Fairmont commences operations, there is no
assurance that Fairmont will be able to commercially extract DSO Lump
Titano-Magnetite.


Clay-Powell Amendment Agreement

Fairmont has entered into an amendment agreement (the "Amendment Agreement") to
amend the terms of its option agreement to acquire up to a 70% interest in the
Clay-Powell Property, located in the Thunder Bay Mining Division. Under the
terms of the Amendment Agreement, the optionors have agreed to extend the
deadline of the required exploration expenditures to December 31, 2014. In
consideration of which, Fairmont agreed to issue to the optionors the 25,000
common shares due under the option agreement and an additional 100,000 common
shares within 10 days of TSX Venture Exchange Agreement.


The Amendment Agreement is subject to the approval of the TSX Venture Exchange.

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, Fairmont's ability to enter into sales agreements with respect to
DSO Lump Titano-Magnitite 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]
www.fairmontresources.ca