FMR Fairmont Resources (delisted)

Fairmont Resources Inc. (TSX VENTURE:FMR) ("Fairmont") is pleased to announce
that it now has acquired 96 claims, the Hearth Property, in the Buttercup-Lac
Elan area, consolidating trends that may be extensions of known mineralization.
Fairmont now controls 117.2 km2 of prospective mineral claims in the Saguenay -
Lac-Saint-Jean Region of Quebec, including the Buttercup Mining Lease (See Map 1
and Map 2).


Map 1 Fairmont Resources Claims in the Saguenay - Lac-Saint-Jean region of Quebec

http://www.fairmontresources.ca/pdf/20140220MAP1.pdf

Map 2 Fairmont Resources Claims in the Saguenay - Lac-Saint-Jean region of Quebec

http://www.fairmontresources.ca/pdf/20140220MAP2.pdf

Fairmont's claims cover numerous high-grade titaniferous magnetite + vanadium
occurrences (Map 3). 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.


The Buttercup property, announced in the January 30, 2014 press release
(http://fairmontresources.ca/uploads/234.pdf) is located thirty kilometres north
of Chicoutimi Quebec and twelve kilometres south of the Lac Elan claims, and is
now nearly contiguous through the addition of the Hearth Property. Previously
reported, there is a historical "drilled indicated tonnage" on lens "A" and lens
"B" located within the Buttercup Property (Table 1.). Both lenses where drill
tested were shallower than 30m below surface. This historical resource is
located on the Buttercup Mining Lease.


Table 1. Historic "drilled indicated tonnage" on the Buttercup Mining Lease



----------------------------------------------------------------------------
                                                                   Number of
Lense               Tons        Fe (%)     TiO2 (%)     V2O5 (%)       Holes
----------------------------------------------------------------------------
A              2,779,285        48.40        18.90         0.67            8
----------------------------------------------------------------------------
B                758,828        49.39        19.07         0.64           12
----------------------------------------------------------------------------



Source: P. J. Goldsmith 1964 Report on: The Bersimis Mining Company, Report on
Diamond Drilling Program Lake Kanekatshonanuts Tintaniferous Magnetitte Deposits


The historical "drilled indicated tonnage" cited above is mentioned for
historical purposes only and uses terminology not compliant with current NI
43-101 reporting standards. The reliability of these historical estimates is
unknown but considered relevant by Fairmont as it represents significant targets
for future exploration. The qualified person has not reviewed all pertinent
original documents nor done sufficient work to classify the historical estimate
as a current mineral resource and Fairmont is not treating this historical
estimate as a current mineral resource. Historical "drilled indicated tonnage"
is not equivalent to mineral reserves or resources as it is not supported by at
least a preliminary feasibility study. In order to verify this as a current
estimate, Fairmont will need to conduct additional exploration work in the form
of diamond drilling to verify the historic data.


The Lac Elan Property option was previously announced in the Fairmont Resources
News Release dated November 26, 2013
(http://fairmontresources.ca/uploads/233.pdf). Surface sampling, trenching and
prospecting have produced consistent iron, titanium and vanadium values 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, as previously reported. 


Map 3 Fairmont Resources Claims in the Saguenay - Lac-Saint-Jean region of Quebec

http://www.fairmontresources.ca/pdf/20140220MAP3.pdf

Fairmont would also like to announce the termination of the Marmion South
Option, and plans to continue with the Clay-Powell and Houghton Creek Options.


About Fairmont

Fairmont is a mineral exploration company focused on exploration and development
in Canada. Fairmont properties are detailed in Table 2. below.


Table 2. Fairmont Resources Property Holdings



----------------------------------------------------------------------------
Quebec - Fe-Ti-V                        Ontario - Gold                      
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Buttercup - 100%                        Houghton Creek - Option to earn 100%
----------------------------------------------------------------------------
Lac Elan - Option to earn 40%           Clay-Powell - Option to earn 70%    
----------------------------------------------------------------------------
Hearth - 100%                                                               
----------------------------------------------------------------------------



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.


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 finalize the definitive agreement, implement
its exploration program on the Lac Elan Property 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
michael@avantimac.com
www.fairmontresources.ca

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