Drills 521 Meters of 0.37% Cu Eq, incl. 24 Meters

Drills 521 Meters of 0.37% Cu Eq, incl. 24 Meters of 1.53% CuEq

EXPANDS EAST ZONE DEPOSIT



Carmax Mining Corp. (“Carmax”) October 14, 2014 Carmax (TSX-Venture: CXM) is pleased to announce the analytical results for the first two drill holes from its 2014 diamond drilling program on its 100% owned Eaglehead copper-gold-molybdenum-silver project located in northwest British Columbia.


Highlights for the two diamond drill holes are:


Diamond drill hole (DDH)0121 intersected 0.23% copper, 0.013% molybdenum, 0.06g/t gold and 0.91g/t silver (0.37% copper equivalent) over a core interval of 521.2m that included,

a. 0.21% copper, 0.003% molybdenum, 0.02g/t gold and 0.51g/t silver over a core interval of 278.1m from the top of the hole at 29.87m to a core interval of 308.00m;

and

b. 0.27% copper, 0.025% molybdenum, 0.09g/t gold and 1.36g/t silver over a core interval of 243.1m that extends from the core interval of 308.0m to the end of the hole at 551.08m.


•DDH122 intersected 0.28% copper, 0.016% molybdenum, 0.14g/t gold and 1.52g/t silver (0.43% copper equivalent) over an interval of 116m starting at a core length of 141m,


•DDH121 and DDH 122 exhibits two distinct styles of mineralization being; copper-silver+/-gold-molybdenum in the upper portions of the holes and copper-molybdenum-gold-silver in the lower portions of the holes suggesting that several phases of mineralization may be present at Eaglehead,


Analytical results for the last two diamond drill holes from the 2014 drilling program are expected to be received before the end of October.


To view the location of 2014 drill holes, visit the Carmax website at Website