ALI Altitude Resources

Altitude Resources Inc. (TSX VENTURE:ALI) ("Altitude" or the "Company") is
pleased to provide an update on the 2013 Palisades drilling program and the Elan
field reconnaissance.


To view the "PROPERTY LOCATION MAP," please visit the following link:
http://media3.marketwire.com/docs/altitude_resources_fig01_nov14.pdf


The Palisades drilling program was started on August 15, 2013 and was completed
on September 30, 2013. A total of 30 holes were drilled out of - 27 rotary and
three core - for a total of 4,583 meters. Dahrouge Geological Consulting Ltd.
("Dahrouge") of Edmonton, Alberta was contracted to oversee the drilling. In
addition to the thirty drill holes, channel sampling was conducted from seven
near surface trenches. Samples were shipped to Birtley Laboratory in Calgary for
washability analysis. Clean coal from this process will be sent to Pearson Coal
Petrography for coal rank classification. A total of seven coal seam core
samples were submitted for proximate analysis, gravity separation and complete
coking tests. Although the trench samples are oxidized, they will be used for
rank determination only. Results are expected before the end of the year.


At the Elan property in the Crowsnest Pass area of southern Alberta, Dahrouge
completed a two week reconnaissance program in mid-October which was carried out
on the Wildcat and Grassy North areas of the property. The objective was to plan
out the drill hole locations for the upcoming drill program planned for 2014.
Coal quality determination is the primary objective of this upcoming program.
Altitude will be applying for a drilling permit from the Alberta Government in
the next several weeks. 


Commenting on the activities, President and CEO, Gene Wusaty said, "We are very
pleased with our ongoing exploration activities at both our Palisades and Elan
projects. All the work done in these initial phases at Palisades and Elan will
provide the basis for the requirements for 2014 drilling, coal quality and
exploration programs."


The Palisades Property is located approximately 30 kilometres north of the
Yellowhead Highway (Hwy 16) and Highway 40 North, near Hinton, Alberta.
Altitude's properties are in close proximity to CN rail which services the
Grande Cache mine to the northwest. 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. Coal rank is low volatile. Altitude also owns the
Palisades Extension, Moberly Creek and Altitude North properties which are in
the initial stages of exploration. The properties have access to rail and port
infrastructure with spare capacity. 


As announced on August 12, 2013 Altitude entered into an Exploration and Option
Agreement with Elan Coal Ltd., a private Non-Arm's Length Party. Altitude has an
option to earn up to a 51% undivided working interest in Elan's 27 Alberta Crown
coal lease applications which cover a 22,951 ha area. The Agreement allows
Altitude the right to enter upon and conduct exploration activities in and on
all parts of the Leases. An initial NI 43-101 Coal Resource estimate was
calculated comprising of 62 million tonnes ("Mt") in the Measured and Indicated
Mineral Resource categories and 84Mt in the Inferred Mineral Resource category.
A 726Mt exploration target for the Elan property has been identified. The Elan
property is located in southwestern Alberta near the historic coal mining
municipality of Crowsnest Pass and adjacent to Riversdale's recently purchased
Grassy Mountain coal project. The property can be accessed by driving north from
Crowsnest Pass on secondary roads. Elan has access to rail and port
infrastructure with spare capacity. Coal rank is low to mid volatile.


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 

Altitude Resources Inc. ("Altitude") is a new Canadian coking coal exploration
and development company focused on developing its portfolio of coking coal
properties in west-central Alberta, Canada. Altitude's 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. Altitude has
entered into an Exploration and Option Agreement with Elan Coal Ltd., a private
Non-Arm's Length Party, pursuant to which Altitude will acquire an option to
earn up to a 51% undivided working interest in coal properties located near the
historic coal mining area of Crowsnest Pass, Alberta. 


Website: www.altituderesources.ca 

Neither the 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 news release.


Cautionary Statement Regarding Forward-Looking Information

This news release contains "forward looking information" within the meaning of
applicable Canadian securities legislation. Forward looking information includes
without limitation, statements regarding the size and quality of the Company's
mineral resources, progress in the development of mineral properties, future
capital and operating expenses, the future financial or operating performance of
the Company, the prospective mineralization of the properties, planned
exploration programs and the anticipated production schedule. Generally, forward
looking information can be identified by the use of forward-looking terminology
such as "plans", "expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not
anticipate", or "believes", or variations of such words and phrases or
statements that certain actions, events or results "may", "could", "would",
"might" or "will be taken", "occur" or "be achieved". Forward-looking
information is based on assumptions that have been made by the Company as at the
date of such information, including those assumption described in the Company's
technical report entitled "Resource Estimate of the Palisades Coal Property"
dated November 28, 2011 which is available at www.sedar.com. Forward-looking
information is subject to known and unknown risks, uncertainties and other
factors that may cause the actual results, level of activity, performance or
achievements of the Company to be materially different from those expressed or
implied by such forward-looking information, including but not limited to: the
future price of coal, industry market trends and predictions, the estimation of
mineral reserves and resources, operating and exploration expenditures, costs
and timing of future exploration, requirements for additional capital,
government regulation of mining operations including changes in government
policies, environmental risks, reclamation expenses, title disputes or claims,
limitations of insurance coverage, regulatory matters, and other risks described
in the public filings of the Company. Although the Company has attempted to
identify important factors that could cause actual results to differ materially
from those contained in forward-looking information, there may be other factors
that cause results not to be as anticipated, estimated or intended. There can be
no assurance that such information will prove to be accurate, as actual results
and future events could differ materially from those anticipated in such
information. Accordingly, readers should not place undue reliance on
forward-looking information. The Company does not undertake to update any
forward-looking information, except in accordance with applicable securities
laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Altitude Resources Inc.
Doug Porter
CFO
(403) 453-3298
dporter@altituderesources.ca
www.altituderesources.ca

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