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Fairmont Provides Update on Completion of Access Road to Buttercup Project

Fairmont Resources Inc. ("Fairmont") is pleased to announce that it has completed a nearly 800m access road from the well maintained secondary logging road to the Buttercup Project. This project was supervised by Magnor Exploration Inc., of La Baie, Quebec, a local firm that supports the exploration and mining industry. The road construction was completed by FORESco GTH Inc., of Larouche, Quebec.

The road construction now allow direct access from the secondary logging road to the Buttercup lease for large equipment as well as small vehicles. A link to photos of the construction and a map of the new road can be found at the link below.

Buttercup Road Construction Photos and Maps:

The transportation link from the Buttercup Property is now complete. From the Buttercup Project trucks can now travel from the site all the way to the Grand Anse Sea Terminal. The next phase of work at the Buttercup property will be the site clearing, initially logging, which should commence shortly and in accordance with permits received to date.

"Contractors have completed the access roads to the Buttercup Project, and we continue to move the project forward at a rapid pace" stated Michael Dehn, Fairmont's President and CEO. "The slope of hill that the road was built on proved to be challenging. Our contractors have successfully completed a road that has been optimized for slope mediation so that large trucks, full or empty, should have no trouble traversing it".

About Fairmont

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.

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