QIS Capital Company Profile - Fairmont Resources Inc.

QIS Capital Corporation Page 1 250-377-1182
www.smallcaps.ca info@smallcaps.ca
SHARE DATA (as at June 30, 2015)
52-Week High/Low $0.02 - $0.19
3-Mth Avg. Trading Volume8
51,447 shares
Shares (millions) Basic (30% insiders) 22.7
F/D 24.0
Market Capitalization $0.6 million
Enterprise Value $0.6 million
FINANCIAL DATA (Canadian Dollars)
Yr Ended October 31
2015 2014
Revenues $ nil $ nil
Expenses 418,954 396,753
Write-down 59,874 876,856
Net Loss 478,828 1,273,609
per share 0.03 0.10
BALANCE SHEET (as at October 31, 2015)
Current Assets $ 21,727
Total Assets 621,142
Current Liabilities 398,073
Shareholders’ Equity 223,069
Fairmont Resources Inc.
(FMR:TSX-V)
Date: February 18, 2016
Price: $0.025
(coverage initiated on Feb. 18, 2016 at $0.025)
Contact Info:
Ph: (250) 377-1182
Fax: (250) 377-1183
info@smallcaps.ca
www.smallcaps.ca
Doren Quinton,
President
Josh Kier,
Vice President
Highlights:
 near-term production planned from two
different industrial minerals projects
 recent assays confirm viability that
quartzite is suitable for ferro-silicon
production
 properties being visited by end users with
goal of establishing sales channels
 only 22.7 million shares o/s and market
capitalization of only $600K
QUICK SUMMARY
Fairmont Resources Inc. is working towards
becoming a near-term producer of dense
aggregate and various forms of silica. The
company has fully permitted its Forestville
quartzite property and is in various stages of
securing initial sales orders.
CORPORATE OVERVIEW
Fairmont Resources is a Canadian industrial
minerals exploration and development company
that intends on building long term cash flow
through production on its strategically located
projects. Fairmont is currently primarily focused
on its two dense aggregate properties and three
quartzite properties located within 100km of the
Port of Saguenay, Quebec.
Fairmont’s focus on industrial minerals is
intended to reduce long term volatility as seen
in other metals, as well as to reduce the capital,
time, and risk involved in project development.
Industrial minerals have lower pricing volatility,
easier permitting, and lower development costs
than precious minerals, often with no milling
costs. Industrial minerals have a wide variety of
applications including industrial, metallurgical,
infrastructure, chemical, agricultural, etc.
Fairmont’s 100% interest dense aggregate
properties are known as the Buttercup and
Hearth properties, both of which are located
approximately 250 km north of Quebec City and
70km by road to port. These properties are
prospective for titano-magnetite which is a high
density aggregate used as heavy weight ballast
or incorporated into concrete. Some of the
direct uses are railroad track ballast, onshore /
offshore pipeline ballast, scour protection for
underwater structures or pipelines, and ground
stabilization to reduce piling.
The Buttercup property was drilled in 1964 at
depths of less than 30m. Eight holes were
drilled into “Lens A” and indicated 2.8 million
tons grading 48.4% Fe, 18.9% TiO2, and 0.67%
V2O5. Lens B had 12 holes drilled indicating
759K tons grading 49.39% Fe, 19.07% TiO2,
and 0.64% V2O5.

QIS Capital Corporation Page 2 250-377-1182
www.smallcaps.ca info@smallcaps.ca
The corporate information provided in this report is for informational purposes only. While every effort has been taken to provide accurate information, the completeness or
accuracy of such information is not guaranteed. Certain statements in this report may constitute “forward looking” statements which involve known and unknown risks,
uncertainties and other factors which may cause the actual results, performance or achievements of the company, or industry results, to be materially different from any future
results, performance or achievements expressed or implied by such forward looking statements. The company profiled assumes no liability for the information presented. The
information contained in this report should not be construed as offering investment advice. Those seeking direct investment advice should consult a qualified, registered,
investment professional. This is not a direct or implied solicitation to buy or sell securities. Readers are advised to conduct their own due diligence prior to considering buying
or selling any stock. Trading accounts, including personal, family and corporate accounts, under the control of QIS Capital management currently hold nil shares in the
company profiled. QIS Capital is engaged in an investor relations agreement with the company discussed and may trade the company’s common shares. No stock exchange
has approved or disapproved of the information contained herein. Copyright ©2016, QIS Capital Corporation.
In 2014, Fairmont received permits to commence site
preparation and road construction and authorization to
produce 300,000 tonnes annually of aggregate from
the property. End users have visited the site to assess
logistics for crusher locations to complete custom
crushing on site. The current plan is to produce titano-
magnetite aggregate from Lens A, and quarry towards
Lens B thereafter. Net profits from production will be
split 80% to the original vendor of the property and
20% to Fairmont until the vendor has received a total
payment of $3.0 million. Thereafter the vendor will
receive 5% of net profits and Fairmont will receive
95%. The commencement of production from the
Buttercup Property is subject to the company
obtaining sales contracts and sufficient financing for
operations which is estimated at about $250K.
On January 10, 2014 the company staked 96 claims
near its Buttercup property called the Hearth Property.
The Hearth Property contains the apparent strike
extensions of the Buttercup mineralized zones and
consolidates the area so that Fairmont should be able
to continue exploration unencumbered.
On January 21, 2015 Fairmont acquired a 100%
interest in the Forestville and Baie Comeau quartzite
properties. The Forestville property is located 20 km
north-northwest of Forestville, Quebec. The Baie
Comeau property is 8 km northwest of Baie Comeau,
Quebec. The properties have been optioned for the
purpose of testing the chemical and physical
properties of the quartzite as a potential raw material
for use in products such as high purity glass, fibre
optics, ferro-silicon and silica metal. Silicon is widely
utilized throughout our modern lifestyle in such
products as weather stripping, cables, coatings,
shampoo, cosmetics, paint, semi-conductors and
lithium-ion batteries. Over 40% of worldwide ferro-
silicon production is used as a hardening agent in
aluminum and 10% is now used in solar products.
Fairmont is currently focusing on its Forestville
property with an aim to commence permitting for ferro-
silicon by the end of 2016. Forestville consists of pure
to very pure quartzite horizons, where the average
silica content ranges from 98.2% to 99.5%. Certain
high purity quartzite horizons in the area exhibit
grades up to 99.7% SiO2.
During the year ended October 31, 2015 drilling at
Forestville was carried out to confirm the size and
quality of the SiO2 deposits. The assay results
confirmed that the quartzite tested was suitable for
ferro-silicon production. Several new zones of
quartzite were identified and extensions to historical
and new zones have been staked. Permits have been
applied to put a 7 km road into the main target zone
on the property. Two potential customers have now
visited the quartzite properties, with an additional 3
potential customers receiving material for testing.
As is the case at the Forestville property, the Baie-
Comeau property contains a quartzite derived from a
metasedimentary package. Although chemically very
similar to the Forestville property, the physical
characteristics of the quartzite is quite different at
Baie-Comeau. historical sampling on the property has
assayed up to 99.09% SiO2. The site has been visited
by end users in the quartz countertop industry and by
end-users of silicon metal and ferro-silica.
Lac Bouchette is a quartz silica property that Fairmont
has optioned and is located about 400 km NE of
Quebec City. The property surrounds the Lac
Bouchette Mine which historically produced 62,000
tonnes at an average grade of 99.8% SiO2, 0.06%
Al2O3, 0.03% Fe2O3, and nil TiO2. The mine was
producing from a hydrothermal quartz vein, and was
of higher purity than typical deposits in the region.
Management of Fairmont is very focused on cash flow
producing properties that can be started up quickly
with minimal capital requirements. Like the majority of
small-cap resources, Fairmont will require additional
capital to commence production and this remains a
major risk to the future progress of the company.
However, Fairmont has assembled world-class assets
of dense aggregate and silica resources that are
attracting the attention of major end-users of these
products which have recently visited the properties
and are in discussions with management. As Fairmont
progresses towards commercial production, we
expect to see a vast improvement in news and
awareness for the company.
The first reclamation target from the Oro Roca
acquisition consists of multiple historical surface
dumped waste stockpiles, which meet or exceed the
company’s base criteria for reprocessing. Grades and
tonnage cannot be provided at this time, as Newlox is
not yet 43-101 compliant. The company has arranged
for an independent qualified person to complete a
report as requested by the BCSC. Newlox is not a
mining company as it does not conduct exploration or
mining and has no reserves as defined by NI 43-101.
Its focus is environmental reclamation of contaminants
and recovery of residual gold and silver.
At a current share price of $0.045 per share, the
company has a market capitalization of only $2.2
million, well below the estimated value of the Ora
Roca acquisition as well as the estimated in-situ gold.
Samples from tailings stockpiles have been analyzed
to aid in the design of an optimized reprocessing
circuit. While not NI 43-101 compliant, UBC confirmed
the company’s assays, indicating an economic head
Fairmont Resources Inc.
600 Orwell St., Unit 14
Mississauga, ON L5A 3R9
Phone: (647) 477-2382
Contact: Michael Dehn, President & CEO
Email: michael@fairmontresources.ca
Website: www.fairmontresources.ca

QIS Capital Company Profile - Fairmont Resources Inc.

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QIS Capital Company Profile - Fairmont Resources Inc.