NMC Resource (TSX VENTURE:NRC) Announces Financial Results for the Nine Months Ended September 30, 2013

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR RELEASE TO US NEWS WIRE SERVICES 

NMC Resource Corporation (TSX VENTURE:NRC) ("NMC Resource") released its
unaudited condensed consolidated financial statements for the nine months ended
September 30, 2013. 




--  Sold 695,776 pounds of molybdenum  
    
--  Recorded $6.8 million in sales revenue 
    
--  Recorded $1,482,816 in EBITDA at NMC Moland Mine ("Moland") 
    
--  To receive R&D fund from the Korea Institute of Energy Technology
    Evaluation & Planning ("KETEP") 



For the nine months ended September 30, 2013, NMC Resource produced 601 tonnes
(667 wet tonnes) of molybdenum concentrates at 0.29% MoS2 mill head grade and at
92% recovery. Production increased by 7% compared to the corresponding period of
2012. On the other hand, sales revenue reduced by 7% to $6.8 million from last
year due to 25% lower molybdenum average market price (US$10.54-2013;
US$14-2012). NMC Resource reached $1.3 million in adjusted EBITDA. NMC Resource
continues to focus on improving production profile and reducing operating costs.


NMC Resource has also been working on developing lubricant grade molybdenum
concentrates and was awarded a shared research grant in the amount of
KRW1,350,000,000 (approximately $1,313,550) to be allocated over the coming
three years. This grant was given to the Company and the Korea Institute of
Geoscience from the KETEP to develop lubricant grade molybdenum concentrates at
Moland. 


Please visit http://www.nmcresource.com for more information.

Currencies are expressed in Canadian dollars.

(i) Adjusted EBITDA: Net earnings before interest, taxes, amortization and
share-based payment


About NMC Resource Corporation

NMC Resource Corporation (TSX VENTURE:NRC) is a mining company with two
molybdenum assets: Moland in South Korea and Boss Mountain Mine ("Boss
Mountain") in British Columbia, Canada. Moland started commercial production in
April 2010 and a new technical report was filed in December 2011 with an updated
resource. An active resource expansion drill program continues at Moland. A
resource expansion drilling program requiring deep drill holes has been
sponsored by KORES (Korea Resources Corporation, a state-owned mining company).
Boss Mountain is a past molybdenum producer. NMC Resource is currently assessing
historical data from 247 drill holes completed by the last mine operator Noranda
Mines Ltd.


On behalf of the board of

NMC RESOURCE CORPORATION 

Do Hyung Kim; President, Chief Executive Officer and Director 

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


Forward-Looking Statements: This news release includes certain forward-looking
information and forward-looking statements (collectively "Forward-Looking
Statements") concerning the future performance of the Company's business,
operations and financial performance and condition, as well as management's
objectives, strategies, beliefs and intentions. Forward-Looking Statements are
frequently identified by such words as "may", "will", "plan", "expect",
"anticipate", "estimate", "intend" and similar words referring to future events
and results. Forward-Looking Statements are based on the current opinions and
expectations of management. All Forward-Looking Statements are inherently
uncertain and subject to a variety of risks and uncertainties, including the
speculative nature of mineral exploration and development generally and
specifically in respect of the interpretation of the geology, continuity, grade
and size of mineral deposits, unanticipated operational or technical
difficulties, fluctuating commodity prices, competitive risks and the
availability of financing, changes in laws or regulations, changes in the
financial markets and changes in general economic conditions, as described in
more detail in our recent securities filings available at www.sedar.com. Such
Forward-Looking Statements are based on a number of assumptions, including but
not limited to the level and volatility of the price of molybdenum, the
availability of financing, the accuracy of reserve and resource estimates and
the assumptions on which those estimates are based and the ability to achieve
and maintain certain operational efficiencies. Should one or more risks and
uncertainties materialize or should any assumptions prove incorrect, then actual
events or results may differ materially from those expressed or implied in the
Forward-Looking Statements and we caution against placing undue reliance
thereon. We assume no obligation to revise or update these Forward-Looking
Statements, except as required by applicable law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
NMC Resource Corporation
Do Hyung Kim
President, Chief Executive Officer and Director
[phone]
1 888 723-7261 (FAX)
www.nmcresource.com