KMT Komet Resources Inc

Komet Resources Inc. ("Komet" or the "Company") (TSX VENTURE:KMT) hereby
announces results from the 2013 exploration program on the FCI property, located
in the James Bay region of Quebec. Komet. has the option to earn an undivided 50
% interest in the property from Virginia Mines Inc. by funding 4.0 M $
exploration work over 6 years. Komet is the operator of the project and engaged
Services Techniques Geonordic Inc. (STG) of Rouyn-Noranda, Quebec to manage and
execute the 2013 program.


The FCI property is located within the Archean Lac Guyer greenstone belt. The
immediate region of the property is characterized by the occurrence of mafic and
ultramafic rocks interlayered with horizons of metasedimentary and felsic
volcanic rocks. The most significant gold occurrence on the property is the
Golden Gap showing, which is a kilometre-scale deformation zone within the
volcano-sedimentary sequence. Rocks are highly deformed, altered, mineralized in
sulphides and injected by quartz veins. The best result from previous drilling
completed by Virginia Mines is 10.48 g/t Au over 7 metres. The most significant
polymetallic metal occurrence is the Sericite showing. It comprises sericite
schists with sulphides which returned up to 296 ppb Au, 150 g/t Ag, 1.89% Cu,
11.15% Pb and 1.45% Zn in surface grab samples. 


Exploration work completed in 2013 consisted in drilling of six diamond drill
holes for a total of 1,125.6 metres. Four of these holes (824 m) targeted the
eastern extension or the Golden Gap gold zone and associated induced
polarization (IP) anomalies. All drill holes cut 5 to 12 metre-wide zones of
sheared and altered biotite-garnet-silica schists associated with the Golden Gap
extension, containing 2-10 % pyrrhotite-pyrite and, locally, 1-3 % arsenopyrite.
Assays from these schists did not return economic gold values but are anomalous
with values of up to 790 ppb Au over 1 metre. These anomalous intersections
extend the Golden Gap gold trend a further 400 metres to the east. The zone is
also still open at depth and to the west.


Two additional diamond drill holes (301.6 m) targeted an electromagnetic (EM)
conductor associated with the Sericite polymetallic showing. One of these hole
intersected a 14 metre-thick unit of sheared felsic rock with strong
sericite-silica alteration and containing 1-15 % pyrite and 5-25 % pyrrhotite
overall. A 0.8 metre-wide semi-massive sulfide intersection also contains trace
of chalcopyrite (Cu) and sphalerite (Zn). Assays from these mineralized
intersections did not return economic values in either base or precious metals.


STG has recommended further work on the FCI property for the 2014 field season,
including till sampling, prospecting and trenching of unexplained IP anomalies
in several areas of the property. Komet will evaluate the merits of this
proposed program in the coming weeks.


All NQ core assays reported above were obtained by standard 30 g fire
assaying-AA finish or gravimetric finish at Laboratoires Expert located in
Rouyn-Noranda, Quebec. All base metal assays were made by Activation
Laboratories in Ancaster, Ontario. Komet follows strict QA-QC protocol measures
in keeping with industry standards and regulatory reporting requirements. Mr.
Jean-Francois Ouellette, P. Geo., president of Services Techniques Geonordic
Inc., is the Qualified Person who has reviewed this news release and is
responsible for the technical information reported herein, including
verification of the data disclosed.


About Komet Resources Inc.

Komet Resources Inc. is a gold exploration and development company with a gold
property located in the James Bay Region, Quebec. Komet is also actively seeking
opportunities in Burkina Faso, Africa. Properties and general information may be
viewed on the Company's website at www.kometgold.com.


Forward looking Statement

This document contains certain forward looking statements which involve known
and unknown risks, delays, and uncertainties not under the Corporation's control
which may cause actual results, performance or achievements of the Corporation
to be materially different from the results, performance or expectation implied
by these forward looking statements.


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


Neither TSX Venture Exchange nor the regulatory service provider (as the term is
defined in TSX Venture Exchange's policies) accepts any liability of any kind as
to the authenticity or accuracy of this release. This press release contains
statements that may constitute "forward-looking information" or "forward-looking
statements" as set out within the context of security law. This forward-looking
information is subject to many risks and uncertainties, some of which are beyond
Komet Inc.'s ("Komet") control. The actual results or conclusions may differ
considerably from those that have been set out, or intimated, in this
forward-looking information. There are many factors which may cause such
disparity, especially the instability of metal market prices, the results of
fluctuations in foreign currency exchange rates or in interest rates, poorly
estimated reserves, environmental risks (stricter regulations), unforeseen
geological situations, unfavorable extraction conditions, political risks
brought on by mining in developing countries, regulatory and governmental policy
changes (laws and policies), failure to obtain the requisite permits and
approvals from government bodies, or any other risk relating to mining and
development. There is no guarantee that the circumstances anticipated in this
forward-looking information will occur, or if they do occur, how they will
benefit Komet. The forward-looking information is based on the estimates and
opinions of Komet's management at the time of the publication of the information
and Komet does not assume any obligation to make public updates or modifications
to any of the forward-looking statements, whether as a result of new
information, future events, or any other cause, except if it is required by
securities laws.


Shares outstanding : 33,704,829 

FOR FURTHER INFORMATION PLEASE CONTACT: 
Investors relations and information
Andre Gagne
President and CEO
581-300-1666
a.gagne@kometgold.com
Skype: andregagne11

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