Oakmont Minerals Corp. Announces Results of Sampling and Mapping Program

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 18, 2013) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS

Oakmont Minerals Corp. (formerly Oakmont Capital Corp.) (TSX VENTURE:OMK) (the "Company") announces it has carried out a rock sampling and mapping program on its four properties located in Utah held by its wholly-owned subsidiary Utah Manganese Inc., the results of which are reported herein. The Utah Manganese Inc. properties consist of 150 mineral claims totalling 1,250 hectares located 25 to 50 kilometres from Moab, in southeast Utah.

The aim of the sampling program was to identify manganese-mineralized zones on the properties with volume potential to support small to medium-scale extraction and with geochemical characteristics (high manganese, low phosphorous and sulphur) suitable for use in specialty high-strength steel production, either "as extracted" or subsequent to upgrading.

Chip samples of surface exposures and mineralized zones exposed in trenches and underground workings were collected in addition to composite samples from historical mine dumps and stockpiles. In some cases dump samples were screened to reject, generally non-manganese, coarse material. Samples were collected over widths wherever possible in order to assist in volume estimations and to allow reporting of grade over width.

Highlights of the recent sampling program are provided below in Table 1. A wide range of manganese content, from 0.13% to 30.20% and averaging 8.92%, was observed in the suite of samples collected. Sulphur ranged from 0.01% to 0.94%, averaging 0.20% and phosphorus ranged from 0.01% to 0.09%, averaging 0.03%. In general phosphorus levels were low in samples from all four properties, however, sulphur was elevated above 0.10% in most samples collected from all but the Flat Iron property, where it averaged 0.030%.

The Company then selected several samples for sulphur species tests which indicated that the majority of the sulphur occurs as sulphate rather than sulphide.

Due to the lower overall sulphur content in the samples from the Flat Iron property, it is being considered first for upgrading testwork to determine if manganese can be concentrated to greater than 40% while maintaining low phosphorus and sulphur and rejecting silica. The appropriate methodology and scope of this work is currently being determined as well as the economic viability of this work.

Table 1: Utah Manganese Inc. sample locations, descriptions and key geochemical characteristics

Sample		UTM NAD83 Z12		Width	Mn	Si	Fe	S	P	C		Description
	Property
ID		Easting	Northing	feet	%	%	%	%	%	%
292601	Flat Iron	636,566	4,245,526	4	2.04	32.91	12.48	0.01	0.03	0.10		Exposed vein, visual mineralization 4 foot wide chip
292602	Flat Iron	635,515	4,246,585	5	13.71	31.74	1.11	0.03	0.02	0.51		Exposed vein 20 feet behind mine heading A, chip sample of 5 ft mineralized zone
292604	Flat Iron	635,432	4,246,622	3	1.34	32.63	11.88	0.01	0.02	0.58		Exposed vein on strike with mine heading B, 3 ft
292605	Flat Iron	635,429	4,246,676	9	3.72	31.04	1.36	0.04	0.01	2.62		Exposed vein on strike with mine heading A, 9 ft
292608	Flat Iron	635,370	4,246,730	12	9.37	30.80	4.25	0.03	0.02	1.05		Exposed vein on strike with mine heading A, 12 ft
292612	Flat Iron	635,308	4,246,792	4	4.69	32.72	9.86	0.03	0.03	0.32		Exposed vein on strike with mine heading A, 6 foot wide mineralized exposure, 4 ft chip sample
292613	Flat Iron	635,325	4,246,794	3	6.92	37.26	0.34	0.01	0.01	0.55		Exposed vein splaying from the main vein system making up mine heading A, 3 ft chip sample
292614	Flat Iron	635,523	4,246,574	5	14.17	33.38	0.55	0.03	0.01	0.11		Taken from unmined mineralization in floor of Mine Heading A. 5 ft chip across floor
292616	Flat Iron	635,520	4,246,578	13	11.81	33.19	3.38	0.05	0.01	0.14		3 horizontal chip samples taken from heading A in equal intervals, 13 ft chip sample
292620	Flat Iron	635,514	4,246,554	4	3.27	40.20	1.47	0.06	0.01	0.17		Mine Heading B, 4 ft horizontal chip sample taken across mined heading.
292621	Flat Iron	635,600	4,246,524	4	8.02	34.22	2.09	0.03	0.01	0.73		Prospected vein 250+ feet south of and on strike with Mine Heading A, 4 ft chip sample
292622	Flat Iron	635,546	4,246,520	4	0.13	30.48	17.60	0.06	0.02	0.37		poorely exposed vein 100+ft south of Heading B, 4
292623	Flat Iron	636,477	4,247,084	5	8.21	31.83	6.76	0.05	0.01	0.23		Vein exposed on edge of canyon, 5 ft chip sample
292624	Flat Iron	636,714	4,246,866	2.5	13.20	27.91	0.55	0.01	0.01	1.33		Vein exposed in road cut, 2.5 ft chip sample.
292625	Moab Fault	611,864	4,284,116	6	18.20	6.96	1.78	0.94	0.01	8.50		Composite chip sample over 6 ft
292626	Dubinky East	596,746	4,284,635	2	6.82	23.42	0.52	0.36	0.02	3.73		chip sample from shallow trench over 2 ft
292627	Dubinky East	596,743	4,284,641	1.3	7.29	22.34	0.40	0.15	0.03	4.25		taken 20 feet north of sample 292626 in same shallow trench, chip sample over 1.3 ft
292628	Dubinky East	596,747	4,284,638		15.14	16.55	0.38	0.51	0.03	4.05		Screened samples from surface dumps
292629	Dubinky East	596,743	4,284,621		11.00	18.70	0.48	0.41	0.03	4.15		Screened samples from surface dumps
292630	Dubinky West	596,352	4,284,592	23	7.01	26.69	0.87	0.23	0.07	2.46		Dump composite
292633	Dubinky West	596,362	4,284,580	20	3.79	28.51	1.37	0.09	0.09	2.16		Dump composite
292636	Dubinky West	596,373	4,284,576	21	6.37	26.60	0.93	0.34	0.05	2.62		Dump composite
292637	Dubinky West	596,355	4,284,572	25	3.23	29.50	1.11	0.08	0.07	2.38		Dump composite
292640	Dubinky West	596,338	4,284,568	22	7.82	26.78	0.97	0.21	0.07	2.35		Dump composite
292642	Dubinky West	596,329	4,284,568	18	6.00	25.76	1.11	0.24	0.05	2.91		Dump composite
262643	Dubinky West	596,325	4,284,582	15	17.66	17.34	0.69	0.46	0.05	2.99		Dump composite
292645	Dubinky West	596,313	4,284,587	22	9.56	25.43	0.72	0.30	0.06	2.49		Dump composite
292647	Dubinky West	596,315	4,284,586		14.10	20.99	0.52	0.41	0.04	2.85		Screened dump composite
292648	Duma Point South	589,181	4,293,301		4.08	14.44	0.61	0.13	0.04	6.75		Mineraliized stockpile
292649	Duma Point South	589,058	4,293,311	0.5	30.20	3.62	0.26	0.90	0.01	1.65		chip sample from underground seam - 0.5 ft
292650	Duma Point South	588,961	4,293,333	1.5	12.89	27.91	0.86	0.16	0.04	1.17		1.5 ft exposed outcrop
292651	Duma Point South	588,074	4,292,833	3	17.66	18.98	1.39	0.45	0.05	2.17		Chip sample from inside adit, 3 ft
292652	Duma Point South	588,092	4,292,858	1.66	13.51	24.73	0.91	0.16	0.07	1.73		Chip sample from outside adit, 1.66 ft
292653	Dubinky West	596,342	4,284,569		9.49	24.77	0.61	0.29	0.04	3.00		Composite of dump material - screened
292654	Dubinky West	596,360	4,284,582		10.15	23.09	0.67	0.58	0.04	3.01		Composite dump material - screened
292656	Dubinky West	596,295	4,284,580	3.33	5.32	30.80	0.94	0.25	0.05	1.57		Unmined outcrop western part of large mine
292657	Dubinky West	596,345	4,284,583	7.25	2.24	31.41	1.29	0.14	0.06	1.95		Unmined outcrop in central part of "dubinky west",
292658	Flat iron	635,528	4,246,564		11.38	32.53	2.84	0.02	0.01	0.42		Composite dump material - screened
292661	Flat Iron	635,538	4,246,563		4.63	38.98	0.97	0.01	0.02	0.13		Composite dump material - screened
292664	Flat Iron	635,538	4,246,567		6.30	37.68	2.65	0.01	0.01	0.22		Composite dump material - screened
292668	Flat Iron	635,520	4,246,554		5.85	37.63	3.23	0.00	0.01	0.09		Composite dump material - screened
292670	Flat Iron	635,522	4,246,549		6.47	36.37	4.11	0.01	0.01	0.20		Composite dump material - screened

The Utah Manganese Properties are located within the northern Pennsylvanian to Cretaceous Paradox Basin. The northern Paradox Basin consists of a series of approximately parallel northwest-southeast trending faults, anticlines, and synclines. Manganese oxide mineralization occurs as lens-like stratabound replacement bodies and associated manganese nodules of variable thickness and strike extent (Duma Point and Dubinky Well properties); or as fault gouge hosted lenses (Moab Fault Property) and brittle fault hosted vein-fracture infill (Flat Iron Property). Strata-bound bodies often occur proximal to or may partially-completely replace thin limestone or sandy limestone beds, of the Middle Jurassic Summerville-Tidwell interval. Manganese deposits of the "Little Grand District" were exploited between 1901 and 1940.

The Company followed industry standard procedures for the work carried out on the Utah Manganese Inc. properties. One blank and one standard sample were analyzed for quality assurance/quality control (QA/QC) purposes in addition to the QA/QC protocols followed by the laboratory. The Company detected no significant QA/QC issues during review of the data.

Samples were prepared at ALS Minerals in Sparks, Nevada and analyses of the samples were performed by ALS Minerals in North Vancouver, British Columbia, an internationally recognized analytical services provider. Samples were analyzed by XRF/Fusion, reported oxides converted to elements, and C was determined by Leco Analyzer. The technical information contained in this release has been prepared and reviewed by Dr. David A. Terry, P.Geo., director and Technical Advisor to Oakmont, and a Qualified Person as defined in National Instrument 43-101.

About the Company

The Company is a natural resource company engaged in the acquisition, exploration and development of mineral properties, with its primary focus on manganese properties in Utah.

ON BEHALF OF THE BOARD

OAKMONT MINERALS CORP.

Fraser Atkinson, Chief Executive Officer, Chairman and Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.

Disclaimer for Forward-Looking Statements

Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. Actual results may differ materially from those currently anticipated due to a number of factors beyond the Company's control. These forward-looking statements are made as of the date of this news release and, except as required by applicable laws, the Company assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements.