QMX Gold Receives Positive Decision From Arbitrator on the Lac Pelletier Property

QMX GOLD CORPORATION (TSX VENTURE:QMX) ("QMX" or the "Company") has received a
positive and binding arbitration decision that the exercise of QMX Gold's option
agreement for ownership of the Lac Pelletier Property was valid as of August 31,
2010. The Lac Pelletier property is located four kilometers southwest of
Rouyn-Noranda, Quebec and covers 722.6 hectares with 35 mining licences, two
mining concessions and a special permit covering part of the past-producing
Stadacona mine. 


The Arbitrator has set out a series of deadlines including one within 60 days of
the decision whereby the parties must agree on a date for the achievement of
Commercial Production on the Lac Pelletier Property. If a date cannot be agreed
upon, the matter is to be referred back to the Arbitrator. The arbitration
proceedings took place in August 2013 and on May 20, 2014 the Company received
the Arbitrator's decision in favour of QMX Gold. 


Pursuant to the September 2005 option agreement with Thundermin Resources
("Thundermin"), the Company was entitled to acquire a 100% interest in the Lac
Pelletier Property subject to a 3.5% NSR royalty on production from the property
and a $1/tonne toll charge on ores mined from deposits adjacent to the property
using the Stadacona shaft. The Company was required to spend $1,000,000 in
expenditures by September 1, 2008, make a production decision by September 1,
2009 and reach commercial production by September 1, 2010. If commercial
production was not attained by 2010, the Company was required to pay an advanced
royalty of $75,000 per annum.


During 2007, the Company met its expenditure obligations pursuant to the
agreement and commenced plans for the dewatering of a ramp and underground
workings on the Lac Pelletier deposit. The Company amended the agreement with
Thundermin in 2009, extending the production decision deadline to September 1,
2010 with an accompanying payment of $100,000. From 2008 to 2010, the Company
completed construction of the mine site infrastructure and facilities, dewatered
the ramp and completed an advanced development, exploration and bulk sampling
program on the deposit.


The Company completed the underground program in March 2010 and advanced a
feasibility study on the Lac Pelletier deposit. A production commitment notice
was issued to Thundermin, exercising its option to acquire the Lac Pelletier
Property in August 2010. Thundermin initiated the arbitration proceedings on
December 7, 2010 pursuant to which it has claimed that the purported exercise by
the Company of its option to acquire a 100% interest in the property was
invalid. The Company announced this on December 7, 2010. Total expenditures by
the Company on the Lac Pelletier property totaled $24 million to this date.


Brett New, President and CEO of QMX, commented: "We are very pleased with the
Arbitrator's ruling. The Company has completed three campaigns of surface
exploration drilling and completed a program of underground delineation
drilling, mine development and bulk sampling with the objective of moving Lac
Pelletier closer to production. With the positive decision from the Arbitrator,
the Company now has the ability to do so and a production scenario will be
assessed in light of the Corporation's current strategic plans and financial
capabilities." 


About QMX 

QMX Gold Corporation is a Canadian mining company traded on the TSX-V under the
symbol "QMX". The company is focusing on mine development and exploration in
Quebec and is actively looking for other mining projects for acquisition in the
Val D'or area. QMX Gold continues mining activities at its Lac Herbin property
in Val d'Or with production estimated at 16,500 - 17,500 ounces of gold in 2014.



Qualified Person 

Technical programs and information included in this release have been reviewed
and approved by Patrick Sevigny, eng., QMX Gold's Vice President of Quebec
Operations and a Qualified Person as defined under NI 43-101.


Cautionary Note Regarding Forward-Looking Information and Mineral Resources: 

This press release contains or may be deemed to contain "forward-looking
information" within the meaning of applicable Canadian securities legislation.
Forward-looking information includes, but is not limited to, statements (express
or implied) relating to the results of the arbitration, the timing, cost and/or
amount of future exploration and development of the property, the future price
of gold or other minerals, the mineral resource estimates, the successful
implementation of development plans at any of the Company's properties and/or
the future financial or operating performance of QMX Gold, its properties and/or
its projects. Generally, forward-looking information can be identified by the
use of forward-looking terminology such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes", or variations
of such words and phrases or state that certain actions, events or results
"may", "could", "would", "might" or "will be taken", "occur" or "be achieved".
Forward looking information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of activity,
performance or achievements of the Company, its properties and/or its projects
to be materially different from those expressed or implied by such
forward-looking information, including but not limited to those risks described
in the annual information form of the Company, which is available under the
profile of the Company on SEDAR. Although the Company has attempted to identify
important factors that could cause actual results to differ materially from
those contained in forward-looking information, there may be other factors that
cause results not to be as anticipated, estimated or intended. There can be no
assurance that such information will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking
information. The Company does not undertake to update any forward-looking
information, except in accordance with applicable securities laws. It should
also be noted that mineral resources that are not mineral reserves do not have
demonstrated economic viability. 


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
QMX Gold Corporation
Brett New
President and CEO
[phone]


QMX Gold Corporation
Louis Baribeau
Public Relations
[phone]


QMX Gold Corporation
Rob Hopkins
Investor Relations
[phone]


QMX Gold Corporation
Toll free: [phone]
[e-mail]
www.qmxgold.ca