Altitude Resources Inc. ("Altitude" or "Company") (TSX VENTURE:ALI) is pleased
to announce that the summer 2013 coal exploration program at the Company's
flagship project, the Palisades Coal Project ("Palisades"), has now commenced.
The coal exploration program calls for the drilling of up to 7,000 metres with a
budget estimated at $2,300,000.


To view the map associated with this press release, please view the following
link: http://media3.marketwire.com/docs/ALI_0716.jpg. 


Commenting on the importance of the drilling activity, President and CEO, Andrew
Wusaty said, "We are excited to begin the summer 2013 coal exploration program
at Palisades. The drill program has been designed to upgrade the existing coal
resource and provide further confirmation of the coal quality on the property.
We are targeting low volatile coking coal with surface mining potential."


Palisades Development Drilling

Altitude received government authorization for the development drilling program
in May 2013 but due to the extremely heavy rainfall in the area the program was
delayed by approximately 1 month. Final details of the site access plan were
reviewed and approved by the government on July 4 and field survey crews were
mobilized to lay out access routes. Site access construction equipment was
mobilized to site on July 10. 


The construction plan involves upgrades to reclaimed forestry roads and
approximately 12 km of new access lines to the drill site locations. The current
schedule anticipates mobilizing the drilling equipment by first the week of
August and to complete the exploration work over a two month period. Site
reclamation will run concurrent with the exploration program as per our
operating Letter of Authority with the Alberta Government. 


The drill program is targeting the Palisades Property which is located
approximately 30 kilometres north of the Yellowhead Highway (Hwy 16) and
adjacent to Highway 40 North, near Hinton, Alberta. Historical work in this
area, reported as the "Hoff Property", included drilling programs first by Rio
Tinto Canada (1969) and then Denison Mines (1982-83). A National Instrument (NI)
43-101 study was carried out by Moose Mountain Technical Services in November
2011 on the original Palisades property. The initial 43-101 resource estimate
completed in 2011 for Altitude on the Palisades property by Moose Mountain
Technical Services identified an inferred resource of approximately 12 million
tonnes of low-volatile bituminous coal. Moose Mountain also identified an
initial exploration target of approximately 140 million tonnes of low-volatile
bituminous coal. 


Gene Wusaty, Altitude's Chairman, a qualified person as defined by NI 43-101,
supervised the preparation of the technical information in this release.


About Altitude Resources Inc. 

Altitude Resources is a new Canadian coking coal exploration and development
company focused on developing its portfolio of coking coal properties in
west-central Alberta, Canada. Altitudes most advanced property, the Palisades
Coal Project, is located approximately 12 kilometres from CN rail which has
capacity to provide transport of coal to deep-water ports on the west coast of
Canada to service the growing demand from world markets.


The TSX Venture Exchange has not reviewed and does not accept responsibility for
the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Altitude Resources Inc.
Gene Wusaty
Chairman
+1-403-453-3298
gwusaty@altituderesources.ca


Altitude Resources Inc.
Doug Porter
CFO
+1-403-453-3298
dporter@altituderesources.ca
www.altituderesources.ca

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