Mr. Peter Bell reports

KERMODE REPORTS XRF RESULTS FROM SELECT SAMPLES FROM BLACK PANTHER

Kermode Resources Ltd. has released the results of X-ray fluorescence (XRF) analysis of select surface samples from the Copper Canyon area at the Mount Sicker project.

Further information about all rock samples is provided herein.

Note that all samples were collected by Justin Deveault and Justin McNutt from 911 Exploration Corp. over two days in October and November, 2023. The XRF results were received Feb. 28, 2024.

Qualified person

The technical information in this news release has been reviewed and approved by Jacques Houle, PEng, a qualified person responsible for the scientific and technical information contained herein under National Instrument 43-101 standards.

Quality assurance/quality control statement

The results reported here were prepared by using an Olympus Delta portable XRF (Model DS 6500CC) using industry-standard chain-of-custody procedures with all samples. The XRF operator named Clive Khan is independent of Kermode and completed the XRF analysis in December, 2023.

The XRF was calibrated prior to each test as follows. At each start-up, a calibration coin was analyzed, and subsequent analysis was only performed when a pass was obtained, which was calculated internally by the XRF instrument. The XRF unit was set to geochemical mode and a full 200-second test was run to determine copper content. While the instrument detects many elements, only copper was tested. The XRF analyzes only a small portion of the sample, so half the sample was crushed to pass an 80-mesh screen before testing. During analysis of the samples by hand-held XRF, non-blind control samples were analyzed to monitor the XRF instrument calibration and performance. A correction factor for all base metals was applied to the raw data. The correction factor was determined by analyzing samples that had previously been analyzed at a commercial laboratory. These rock samples were of varying concentrations and analyzed by the hand-held XRF using the method described above. The portable XRF is accurate to within a 5-per-cent error for copper content. Kermode did not use the portable XRF to determine accurate readings for other elements.

About Kermode Resources Ltd.

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

We seek Safe Harbor.