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NMC Resource (TSX-V: NRC) Announces Strategic Review and Financial Results for the Six Months Ended June 30, 2014

August 13, 2014

VANCOUVER, BC --(Marketwired - August 13, 2014) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR RELEASE TO US NEWS WIRE SERVICES

NMC Resource Corporation (TSX VENTURE: NRC) ("NMC Resource" or the "Company") released its unaudited condensed consolidated financial statements for the six months ended June 30, 2014.

* Selected Information (Expressed in Canadian Dollars unless otherwise stated) ---------------------------------------------------------------------------- H1 2014 H1 2013 ---------------------------------------------------------------------------- Revenue 5,858,262 4,616,897 ---------------------------------------------------------------------------- Net Loss 142,167 635,815 ---------------------------------------------------------------------------- Weighted average number of common shares outstanding 27,566,667 shares 27,566,667 shares ---------------------------------------------------------------------------- EBITDA at Moland 1,842,047 1,070,147 ---------------------------------------------------------------------------- Adjusted EBITDA* 1,743,161 960,874 ---------------------------------------------------------------------------- Molybdenum sold 500,072 lbs 448,970 lbs ---------------------------------------------------------------------------- Realized molybdenum average price per pound US$ 10.68US$ 10.11 ---------------------------------------------------------------------------- Ore mined 158,360 134,800 ---------------------------------------------------------------------------- Produced molybdenum concentrate 439 T (488 wet T) 386 T (429 wet T) ---------------------------------------------------------------------------- Mill head grade 0.29% 0.31% ---------------------------------------------------------------------------- Recovery 91% 91% ----------------------------------------------------------------------------



During the six months ended June 30, 2014, NMC Resource improved production by 13.6% and sales by 27% year-on-year. The adjusted EBITDA increased by 81%. All-in cash cost for this period was US$7.62 per pound of molybdenum sold.

For the development of lubricant-grade molybdenum concentrate, NMC Resource installed milling facilities and is ready to do metallurgical test at the mine site.

On Boss Mountain, NMC Resource submitted Notice of Work to implement a 3,000-metre drill program. NMC Resource intends to complete the 3,000-metre drill program this year.

Strategic Review Process NMC Resource has initiated a strategic review process to explore alternatives for the enhancement of shareholder value. The review will consider various alternatives for the Company, including the potential sale of the Company's assets, and any other options identified by executive management and the Board of Directors (the "Board") with the fundamental objective of realizing the best value for the Company's shareholders.

Deloitte Corporate Finance Inc. has been retained to explore any and all options.

There can be no assurance that the Company's efforts will be successful or that this process will result in any transaction. The Company does not intend to disclose further developments with respect to this process unless and until the Board reviews and approves the outcome together with recommendations.

Please visit www.nmcresource.com for more information.

* Adjusted EBITDA: Net earnings before interest, taxes, amortization, share-based payment and impairment on a consolidated basis

** All-in cash cost includes operating expenses, exploration expenses, selling, general & administrative expenses, and sustaining capital expenditure at Moland

About NMC Resource Corporation

NMC Resource Corporation (TSX VENTURE: NRC) is a mining company with two molybdenum assets: Moland in South Korea and Boss Mountain Mine ("Boss Mountain") in British Columbia, Canada. Moland started commercial production in April 2010 and a new technical report was filed in December 2011 with an updated resource. An active resource expansion drill program continues at Moland. A resource expansion drilling program requiring deep drill holes has been sponsored by KORES (Korea Resources Corporation, a state-owned mining company). Boss Mountain is a past molybdenum producer. NMC Resource is currently assessing historical data from 247 drill holes completed by the last mine operator Noranda Mines Ltd.

On behalf of the board of NMC RESOURCE CORPORATION Per: "Do Hyung Kim"



Do Hyung Kim; President, Chief Executive Officer and Director

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

Forward-Looking Statements: This news release includes certain forward-looking information and forward-looking statements (collectively "Forward-Looking Statements") concerning the future performance of the Company's business, operations and financial performance and condition, as well as management's objectives, strategies, beliefs and intentions. Specifically, this news release includes Forward-Looking Statements regarding that NMC Resource's strategic review process will consider various alternatives for the Company, including the potential sale of the Company's assets, and any other options identified by executive management and the Board, that there can be no assurance NMC Resource's efforts will be successful or that the strategic review process will result in any transaction, that NMC Resource does not intend to disclose further developments with respect to the strategic review process unless and until the Board reviews and approves the outcome together with recommendations and that NMC Resources intends to complete the 3,000-metre drill program this year. Forward-Looking Statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-Looking Statements are based on the current opinions and expectations of management. All Forward-Looking Statements are inherently uncertain and subject to a variety of risks and uncertainties, including the speculative nature of mineral exploration and development generally and specifically in respect of the interpretation of the geology, continuity, grade and size of mineral deposits, unanticipated operational or technical difficulties, fluctuating commodity prices, competitive risks and the availability of financing, changes in laws or regulations, changes in the financial markets and changes in general economic conditions, as described in more detail in our recent securities filings available at www.sedar.com. Such Forward-Looking Statements are based on a number of assumptions, including but not limited to the level and volatility of the price of molybdenum, the availability of financing, the accuracy of reserve and resource estimates and the assumptions on which those estimates are based and the ability to achieve and maintain certain operational efficiencies. Should one or more risks and uncertainties materialize or should any assumptions prove incorrect, then actual events or results may differ materially from those expressed or implied in the Forward-Looking Statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these Forward-Looking Statements, except as required by applicable law.

FOR FURTHER INFORMATION PLEASE CONTACT:

Do Hyung Kim President, Chief Executive Officer and Director Suite 1100 - 1111 Melville Street Vancouver, BCCanada V6E 3V6 Tel: (604) 643-1730 Toll Free: (888) 617-5333 www.nmcresource.comcommunications@nmcresource.com Source: NMC Resource Corporation


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