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Kermode Resources Ltd
Symbol KLM
Shares Issued 110,630,170
Close 2022-07-27 C$ 0.02
Market Cap C$ 2,212,603
Recent Sedar Documents

ORIGINAL: Kermode samples 24,438 g/t Ag at Rye Patch

2022-07-27 18:11 ET - News Release

Received by email:

File: Attachment 2022-07-27-KLM-Rye Patch surface sample.pdf

               +24,000 g/t Ag in select surface sample at Rye Patch Silver Mine, Nevada

Victoria, British Columbia - (July 26, 2022) - Kermode Resources Ltd (TSXV: KLM) ("Kermode" or
the "Company") reports 24,438 grams silver per tonne (g/t Ag) for a single sample collected at surface
at the Rye Patch Silver Mine in Nevada. This result was determined by fire assay with a gravimetric
finish. Initial XRF results were previously reported on May 26, 2022. The table below compares the
XRF results and assays.

                        Rye Patch surface sample 2022-05-27

Element        Ag               Au                                Cu

Units          g/t              g/t                               %

Assay Method:  Ag-GR30          Au-AA30                           OLAR-OES

XRF                     6,000                                195            10

Assay                   24,438                               2              1

The complete list of analytical results may be viewed online at this link:
https://docs.google.com/spreadsheets/d/1y4B-
sIBXWiAv9fKJS18Q0uhA9m5SWnyeKATrYKdnAD4/edit#gid=1470509216

The sample is not in place. It is a selective grab sample of visually mineralized material found in a
dump located next to a small prospect shaft that was heavily overgrown with brush near the southern
end of the Alpha patent. The use of square nails and flat-strap iron for the rail line provide
archeological evidence to indicate the shaft dates to the 1860s, around the same time as the discovery
of the Alpha vein located approximately 240 meters to the north of this sample location. The shaft
appears to explore previously unrecognized mineralization on the far side of what was previously
interpreted as a bounding fault and the new results indicate the potential to identify extensions of the
ultra-high-grade mineralization similar to what is found at the Rye Patch Silver Mine.

Kermode continues to renegotiate the proposed terms for the Rye Patch deal and plans to provide an
update before September 1, 2022.
 The Rye Patch Project:
As announced in the press release dated December 3rd, 2021, the Company has a letter of intent with
Gold Range LLC for the Rye Patch Project, which includes the Alpha Patent and the WS claims.

Qualified Person:
The technical information in this news release has been reviewed and approved by Mr. Robert G.
Carrington, P. Geo, a Qualified Person responsible for the scientific and technical information
contained herein under National Instrument 43-101 standards.

About Kermode:
Kermode is a junior mining company hunting for exploration opportunities around the world.

On Behalf of the Board of Directors,
KERMODE RESOURCES LTD

"Peter Bell"
President/CEO

For further information please contact:

Tel:           1-250-588-6939

Email:         peterbellmining@gmail.com

Website: https://linktr.ee/kermoderesources

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the
adequacy or accuracy of this release.

Forward-Looking Statements
This news release contains statements that constitute "forward-looking statements" within the meaning
of applicable Canadian and United States securities legislation (collectively herein referred to as
"forward-looking information"). Such forward looking statements involve known and unknown risks,
uncertainties and other factors that may cause Kermode actual results, performance or achievements, or
developments in the industry to differ materially from the anticipated results, performance or
 achievements expressed or implied by such forward-looking statements. Forward looking statements
are statements that are not historical facts and are generally, but not always, identified by the words
"expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar
expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.

This list is not exhaustive of the factors that may affect any of our forward-looking information.
Although we have attempted to identify important factors that could cause actual results, actions,
events, conditions, performance, or achievements to differ materially from those contained in forward-
looking information, there may be other factors that cause results, actions, events, conditions,
performance, or achievements to differ from those anticipated, estimated or intended.

The forward-looking information contained in this news release represents the expectations of the
company as of the date of this news release and, accordingly, is subject to change after such date.
Readers should not place undue importance on forward-looking information and should not rely upon
this information as of any other date. While the Company may elect to, it does not undertake to update
this information at any particular time except as required in accordance with applicable laws.
 


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