FMR Fairmont Resources (delisted)

Fairmont Resources Inc. (TSX VENTUER:FMR) ("Fairmont" or the "Company") is
pleased to announce that the Company has conducted a follow up prospecting
program based on the results of summer field program on its Marmion South
Property (the "Property"), located near Atikokan, Ontario, and contiguous with
Osisko Mining Corporation's ("Osisko") Hammond Reef Property (see Press Release
September 26th, 2012). Results of the follow up program are pending.


The prospecting program focused on results returned from summer field work on
the southwest extension of the northeast-trending Jack Lake-Pettigrew trend. The
high-grade, granite-hosted Jack Lake gold deposit, located 1 kilometer north of
the Property, was discovered in 1878, saw limited production from 1899-1902, and
hosts several historical, non 43-101 compliant resources calculations, the most
recent comprising 8,910 tons grading 15.53 g/t for 4,000 ounces. 


Osisko's Hammond Reef deposit (530.6M tons at an average grade of 0.62 g/t gold
for 10.5 million ounces and based on a cut off of 0.30 g/t gold(i)) is related
to the northeast-trending Marmion Shear; numerous historic gold occurrences in
the Marmion Batholith are associated with similar parallel northeast structures.




(i)  43-101 compliant global inferred resource (see Osisko press release    
     Nov. 7, 2011)                                                          



In addition prospecting was under taken in the greenstone hosted White Lake area
located in the southwest portion of the property. Sampling by Fairmont in 2011
at the White Lake occurrence returned up to 6.18 g/t gold and very limited
historic drilling in the 1980s returned up to 0.45 g/t over 7.78 meters. The
White Lake occurrence represents the western most extension of an east-west
trending, greenstone hosted, gold trend on the property. Over 8 km of this trend
is covered by the property. The eastern most extension of this trend encompasses
the past producing Atiko-Sapawe Gold mine located just 250m from the western
property boundary. The Atiko-Sapawe gold mine operated from 1963 to 1966 and
produced 4,955 ounces at 5.15 g/t and hosts a historic, non 43-101 compliant
resource of 10,600 ounces at 8.0 g/t.


Maps and figures detailing the work performed during the summer program are
available on the Fairmont website www.fairmontresources.com.


About Marmion South Property:

Fairmont has an option to acquire a 100% interest in the Marmion South Property,
which consists of 8,208 hectares and is located in the prolific Marmion
Batholith gold district near Atikokan, Ontario. The Marmion South Property is
also located south of and is contiguous with Osisko Mining Corporation's Hammond
Reef Property which contains a National Instrument 43-101-compliant global
inferred resource of 530.6M tons at an average grade of 0.62 g/t gold for 10.5
million ounces and based on a cut off of 0.30 g/t gold. Osisko's technical
report on this resource can be viewed on SEDAR.


Neil Pettigrew, M.Sc., P.Geo., President, CEO & 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
of its Marmion South Contact, Clay-Powell, and Houghton Creek properties all of
which are located the mining friendly jurisdiction of Ontario. 


On behalf of the Board of Directors of Fairmont

Neil Pettigrew, M.Sc., P.Geo., President and CEO, Fairmont Resources Corporation

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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Rain Communications
Nelson Da Silva
604-648-0523 (direct)


Rain Communications
Ralph Biggar
604-306-2525 (direct) or Toll Free: 1-877-614-6113
info@raincommunications.ca

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