20:57:37 EDT Mon 20 May 2024
Enter Symbol
or Name
USA
CA



Kermode Resources Ltd (2)
Symbol KLM
Shares Issued 34,242,072
Close 2024-02-27 C$ 0.01
Market Cap C$ 342,421
Recent Sedar Documents

Kermode samples up to 22.03% Cu at Black Panther

2024-02-29 11:46 ET - News Release

Subject: News Release (XRF results for Copper Canyon samples) PDF Document

File: Attachment 2024-02-29-KLM-COPPER CANYON XRF results.pdf

Kermode Reports XRF Results from Select Samples from BLACK PANTHER

Victoria, British Columbia - (February 29, 2024) - Kermode Resources Ltd. (TSXV: KLM) ("Kermode" or the "Company") reports the results of XRF analysis of select surface samples from the Copper Canyon area at the Mount Sicker project.

Sample ID Copper (% Cu) S-CC1 0.57% S-CC2 0.55% S-CC3 1.65% S-CC4 19.04% S-CC5 3.65% S-CC6 15.72% S-CC7 2.36% S-CC8 11.14% S-CC9 22.03%

Watch a video showing the sampling area and work program titled "Copper Canyon Reveals Many Mineralized Veins!" https://www.youtube.com/watch?v=ZGQJYyrm0Rk

Further information about all rock samples is provided below.

Rock Sample Details for BLACK PANTHER Property

SAMPLE EASTING NORTHING TYPE DETAILS (ZONE 10N) ID (ZONE 10N)

S-CC1 440545 5413077 1.0m 30-40cm wide quartz vein hosted in silicified schist. Chip Schists have pyrite and minor chalcopyrite stringers in 1m surrounding vein. White quartz vein has 25% pyrite and 5% chalcopyrite. Vein traceable over 4m on Mount Sicker (east) side, sloughed open cut 20m above covers vein. Vein is exposed across river's edge, below a small open cut on opposite (east) side of River. Strikes 80E / 50S DIp.

S-CC2 440546 5413067 50cm 20-25cm wide quartz/sulphide vein in silicified schists. Coarse pyrite is semi-massive at 50%, chalcopyrite disseminated at 5%. Vein appears to reappear across the river. 70E / 45S Dip S-CC3 440547 5413055 Grab Vein varying from 10-20cm wide with quartz and S-CC4 440543 schist. Hosting coarse and fine pyrite. Mineralization is disseminated - massive. S-CC5 440553 Averages of 50% pyrite and 10% chalcopyrite. S-CC6 440534 Vein exposed on both banks of the river and has S-CC7 389450 open cuts above the vein on both sides. Strikes S-CC8 440506 68E / 50S Dip S-CC9 440506 5413045 1.25m 20cm-1.5m wide sulphide quartz vein hosted in Chip silicified schists by river's edge. Coarse pyrite with varying chalcopyrite in different areas of the vein. The sulphides, schists and quartz are interwoven and on average the vein has 50-60% sulphides. Sample taken from beside quartz in area of massive chalcopyrite with minor pyrite. +/-60% chalcopyrite and 20% pyrite. Chalcopyrite iridescent color. Strike 70E / 80S Dip.

5413048 Grab 30cm wide sulphide quartz vein hosted in silicified schists by river's edge. Coarse pyrite with varying chalcopyrite in different areas of the vein. Vein same as sample S-CC4 but near Victoria adit portal. Sample of fine pyrite at 25% and chalcopyrite at 10-15%. 70E / 85S Dip

5413032 50cm 15m from Copper Canyon lower entrance schists Chip host a 25cm-55cm wide quartz vein with 40-50% chalcopyrite. Chalcopyrite appears to spiderweb through quartz vein. Vein runs down into rivers edge. 92E / 90S Dip

5406411 1.0m Quartz vein varying in size from 35cm-1.1m at Chip entrance of the lower Copper Canyon Adit Portal 15m from water's edge. Vein has semi massive pyrite and up to 15% chalcopyrite. Sample taken had 15% chalcopyrite in fine/coarse grey pyrite.

5413016 Dump Dump sample near upper shaft area from 50cm Grab wide boulder dug out 2m away from shaft entrance. Sample contained 60% chalcopyrite and 20% pyrite in quartz.

5413016 Grab Small 14cm-17cm vein of dark golden chalcopyrite in schists. Vein has some minor malachite staining surrounding and is 3-4m below a 1m x 2m open cut. Vein is 90%+ chalcopyrite. 74E / 82S Dip.

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 February 28, 2024. Qualified Person The technical information in this news release has been reviewed and approved by Mr. Jacques Houle, P. Eng, a Qualified Person responsible for the scientific and technical information contained herein under National Instrument 43-101 standards.

QA/QC 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 startup, 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 handheld XRF, non-blind control samples were analysed 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 handheld XRF using the method described above. The portable XRF is accurate to within a 5% error for copper content. We did not use the portable XRF to determine accurate readings for other elements.

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. Such forward-looking statements involve risks that may cause Kermode's actual results to differ materially from anticipated results. Forward-looking statements in this document include results, analyses and interpretations of our exploration programs, geological and mineralization interpretations and the plans, results, costs, and timing thereof. Although Kermode believes the forward-looking information contained in this news release is reasonably based, forward-looking statements involve uncertainty. 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.

© 2024 Canjex Publishing Ltd. All rights reserved.