Mr. Robert McLeod reports

IDM MINING INTERSECTS 138 METERS OF 1.41 G/T AU INCLUDING: 7.5 METERS OF 10.45 G/T AU AT 141 ZONE, RED MOUNTAIN PROJECT

IDM Mining Ltd. has received results from step-out holes at the 141 zone from the Red Mountain gold project, located 15 kilometres northeast of Stewart, B.C.

During September and October of 2014, a total of 12 diamond drill holes was completed at Red Mountain, primarily focused on exploration targets outside of the current resource area. Three holes were completed at the 141 zone, the results of which are reported herein. Wide-spaced historic drilling in this area had previously intersected high-grade intervals of gold mineralization, contained within larger intercepts of lower-grade porphyry-style gold mineralization. The 141 zone is located 280 metres southwest of the Marc/AV/JW zones, which host the current mineral resources at Red Mountain, prepared in compliance with National Instrument 43-101; a proposed production ramp outlined in IDM's preliminary economic assessment is projected to pass through the 141 zone area (see IDM news release July 23, 2014).

Drilling at the 141 zone had two important objectives: (1) target high-grade underground mineralization similar to the resource area; and (2) confirm the presence of wide intervals of lower-grade porphyry-style gold mineralization, similar to other large gold deposits in northwestern British Columbia. Drill hole MC14-03 accomplished both tasks, intersecting a high-grade zone of 7.5 metres averaging 10.45 grams per tonne gold, within a broad, lower-grade interval of 138 metres averaging 1.41 g/t Au starting at 64 metres below surface. This hole was completed at 202 metres depth and ended in mineralization. Drill hole MC14-02 was completed at a shallower angle from the same pad and intersected 84 metres averaging 0.80 g/t Au. Drill hole MC14-01, collared 65 metres west of holes MC14-02 and MC14-03, intersected 60 metres averaging 1.16 g/t Au.

Drill holes MC14-02 and MC14-03 were 50-metre step-out holes to the east from historic drill intercepts, including underground hole U94-1148 which intersected 122.50 metres averaging 3.35 g/t Au, including a high-grade zone of six metres averaging 32.87 g/t Au and five metres averaging 11.12 g/t Au (for additional historic 141 zone intercepts, see IDM news release dated Sept. 11, 2014). Following a review of historic data, in combination with recent drill results, the company believes that one or more high-grade zones similar in style to the resource area may be emerging. Additionally, data suggest that these higher-grade zones are hosted within a larger, lower-grade porphyry-style gold system including multiple intervals ranging from 15 to greater than 170 metres thick averaging over one g/t Au. These drill holes span a broad area at least 325 metres long by 350 metres wide and open in all directions.

"These new results and interpretation at the 141 zone are highly significant for the Red Mountain project," said Robert McLeod, president and chief executive officer of IDM. "The high-grade mineralization encountered is complementary to the underground mine development plan outlined in our July, 2014, PEA, whereas the broad lower-grade intercepts confirm the significant gold endowment of the mineralizing system at Red Mountain."

Further sampling of historic 141 zone drill core has been completed, with results to be announced shortly. Due to the wide-spaced drilling and complex geology of the 141 zone, further interpretation will be required to determine the true thickness and orientation of mineralization; this work will be completed over the coming months.

   COMPLETE RESULTS OF RECENTLY COMPLETED DRILLING
                  FROM THE 141 ZONE

              From                Length
Hole-ID         (m)    To (m)         (m)    Au (g/t)

MC14-01       66.4      70.3         3.9         4.7
including     69.4      70.3         0.9        16.4
and           93.0     266.5       173.5        0.65
including     93.0     153.0        60.0        1.16
MC14-02       68.5     152.5        84.0         0.8
including      106     119.5        13.5        1.87
MC14-03       64.0     202.0       138.0        1.41
including     76.0      83.5         7.5       10.45

Gold mineralization at the 141 zone is hosted within a complex assemblage of strongly altered hornblende-feldspar porphyry dikes and sills, intruding tuffaceous volcanics, and sediments. Stockworks, veins and disseminations of pyrite and pyrrhotite correlate well with gold values, typically in areas of strong sericite, potassium feldspar alteration and silicification.

IDM has also recently completed drilling at the Cambria zone, Marc extension zone and AV zone. Results from nine additional holes from these areas will be announced shortly.

About Red Mountain

IDM is currently earning into an option to acquire a 100-per-cent interest in the 17,125-hectare Red Mountain property, located 15 kilometres northeast of Stewart, B.C. Numerous precious and base metal targets have been identified by IDM and previous operators over a 15-by-four-kilometre trend of strong alteration and mineralized prospects. Since discovery in 1989, in excess of $40-million has been spent on the property including a production-sized underground ramp.

IDM recently announced positive results from a National Instrument 43-101 PEA and revised resource estimate completed by JDS Energy & Mining Ltd. for the Red Mountain project (see IDM news release dated July 23, 2014). A technical report prepared in compliance with the requirements of the Canadian securities administrators' NI 43-101 has been filed on SEDAR and the company's website.

At a 3.0-gram-per-tonne gold cut-off, measured and indicated resources from the Marc and AV zones at Red Mountain are 1,454,300 tonnes, averaging 8.15 g/t Au and 29.57 g/t silver, totalling 380,900 ounces Au and 1,382,800 ounces Ag. Inferred resources from the Marc, AV and JW zones are 332,900 tonnes, averaging 7.69 g/t Au and 12.72 g/t Ag, totalling 82,300 ounces Au and 136,200 ounces Ag.

Quality assurance/quality control

The 2014 exploration program at Red Mountain includes a rigorous quality control/quality assurance program, overseen by Rob McLeod, PGeo, president and chief executive officer of IDM, a qualified person as defined by NI 43-101. Drill cores were logged and cut in half using a diamond saw, with one-half placed in sealed bags and shipped to Acme Analytical Labs' sample preparation facility in Smithers, B.C., with pulps subsequently shipped to Acme's lab in Vancouver, B.C. Ten per cent of all samples submitted include randomly inserted blank material or multiple quality-control standards. An additional 10 per cent of samples will be shipped to a third party analytical lab. Mr. McLeod has prepared and approved the technical information contained within this release.

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