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File: Attachment 2022-09-02-KLM-SANTANA MINE LOI news release.pdf

Kermode signs LOI for SANTANA MINE Project on Vancouver Island

Victoria, British Columbia   (September 2, 2022) - Kermode Resources Ltd.
(TSXV: KLM) ("KLM" or "Company") enters a non-binding letter of intent
("LOI") to acquire the SANTANA MINE ("Project") in British Columbia from a
group of private individuals. The Project includes one exploration claim with
license number 1097236 covering 517 hectares in Map Number 092K.

The LOI provides for a due diligence period extending to December 31st, 2022.
During this period, KLM can elect to enter into a definitive agreement which will
formalize the Transaction. Either party can conduct any activities during the LOI.

TERMS OF THE PURCHASE OPTION:

        Cash                   Securities  Spending Req's

Year 1  $12,000                0 shares    $0

        ($1,000 per month)

Year 2  $24,000                0           $0

        ($2,000 per month)

Year 3  $36,000                0           $0

        ($3,000 per month)

WORK COMMITMENTS: None.

OTHER TERMS & CONDITIONS:
- a Net Smelter Return royalty of two and a half percent 2.5% where each half
point 0.5% can be purchased from the vendors for $1M at any time at buyer's
discretion for a total buy-down of five million $5M.
- a Sales Participation Right (SPR) of twenty five percent 25% of gross proceeds of
any future transaction where KLM sells the property in the next ten years.

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

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

Forward-Looking Statements
This news release contains certain statements that constitute forward-looking
statements as they relate to KLM and its management. Forward-looking statements
are not historical facts but represent management's current expectation of future
events, and can be identified by words such as "believe", "expects", "will",
"intends", "plans", "projects", "anticipates", "estimates", "should", "continues" and
similar expressions. Although management believes that the expectations
represented in such forward-looking statements are reasonable, there can be no
assurance that they will prove to be correct or will come to pass.

By their nature, forward-looking statements include assumptions and are subject to
inherent risks and uncertainties that could cause actual future results, conditions,
actions or events to differ materially from those in the forward-looking statements.
If and when forward-looking statements are set out in this new release, KLM will
also set out the material risk factors or assumptions used to develop the
forward-looking statements. Except as expressly required by applicable securities
laws, KLM assumes no obligation to update or revise any forward-looking
statements. The future outcomes that relate to forward-looking statements may be
influenced by many factors, including but not limited to; SARS-CoV-2; reliance on
key personnel; shareholder and regulatory approvals; First Nations and other local
communities; jurisdictional risk; risks of future legal proceedings; income tax
matters; availability and terms of financing; distribution of securities; commodities
pricing; environmental issues; forest fires and other natural phenomena; rising
costs related to inflation; effect of market interest on price of securities; failing to
identify an economically viable mineral deposit; and, potential dilution.