20:11:47 EDT Tue 14 May 2024
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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 assays 11.09% Cu at Slesse Creek

2024-03-06 00:30 ET - News Release

Subject: News Release (XRF results for SLESSE CREEK samples) PDF Document

File: Attachment 2024-03-06-KLM-SLESSE CREEK XRF results news release.pdf

Kermode Reports XRF Results for Float Samples from SLESSE CREEK

Victoria, British Columbia - (March 6, 2024) - Kermode Resources Ltd. (TSXV: KLM) ("Kermode" or the "Company") reports assays for float samples from the GLACIER CREEK at the SLESSE CREEK project. Note that all samples were collected by Justin Deveault and Justin McNutt from 911 Exploration Corp. The XRF results were received March 4, 2024.

Sample No. Copper (% Cu) XRF-GC1 1.04% XRF-GC2 7.51% XRF-GC3 11.09% XRF-CC1 4.77% XRF-CC2 3.16% XRF-CC3 1.22% XRF-SC1 6.95% XRF-SC2 5.68%

Additional information is available on the on the Slesse Creek project data room here: https://drive.google.com/drive/folders/1-W5UwFIXZfbV3XkyByjymwYL4JH9SA-1

Links to videos showing the prospecting for these samples are provided here:

Video Title Field Work video link

"Prospecting For Gold Bearing

Mineralization On Glacier https://www.youtube.com/watch?v=wyAHAcU_9Lw&list=PLIk-jfYt7P

Creek!" OhQYQZrYqTQwbONYCCYAfZb&index=101

"Prospecting On This Creek https://www.youtube.com/watch?v=CvwJfaoJoMw Reveals Visible Gold!" https://www.youtube.com/watch?v=tDZREO8Lxcs

"Hiking Across Four Mountains In Search Of Gold Bearing Rocks!"

Further information about all rock samples is provided below. Rock Sample Details for Samples from SLESSE CREEK

ID DATE EASTING NORTHING SAMPLE Details XRF-GC1 10/8/2023 (ZONE 10N) ELEVATI (ZONE 10) ON (ASL) TYPE 599188 Quartz diorite with quartz veinlet cutting

through. Quartz has 10% greyish-black

sulphide, 5% chalcopyrite and 2-3%

bornite. Small patch of malachite on

5428895 705m Float quartz. Clastic sedimentary boulder with 5%

coarse pyrite. 25% of the right side of the

boulder rock is very pyritized with

massive pyrite, disseminated

chalcopyrite and minor bornite. Total

XRF-GC2 10/8/2023 599497 5428992 630m Float sulphides at 50-60% XRF-GC3 9/21/2023 599641 5429189 583m Float 15cm quartz vein with 40-50% XRF-CC1 1/14/2023 600879 5429025 622m Float XRF-CC2 1/14/2023 601014 5429204 673m Float chalcopyrite, 5% bornite attached to XRF-CC3 1/14/2023 601131 5429479 787m 1.0m XRF-SC1 1/14/2023 597976 5432449 361m Chip metamorphosed argillite. Boulder float XRF-SC2 10/20/2024 598796 5431295 420m Float sample 1m x 1.4m wide.

Sample of semi-massive, dark grey

sulphide with iridescent coloring, looks

similar to bismuth under magnification

but also has boronite at 10% and

chalcopyrite at 10% in bands at bottom

of the sample.

Boulder 2m x 1.5m of semi-massive

sulphides with 10% chalcopyrite, 40%

pyrite and 10% arsenopyrite, 10%

bornite.

1.0m Chip Sample from bedrock by

creek 20m away from adit. Sample has

5% molybdenite, 10% chalcopyrite and

5% pyrite in altered granodiorite.

Angular skarn boulder with clastic

sedimentary rock attached. Skarn had

20% chalcopyrite, 10% bornite and

clastic sedimentary had 10%

disseminated pyrite.

Float Rounded quartz diorite boulder with heavily disseminated chalcopyrite blebs. 25% iridescent chalcopyrite.

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 February, 2024.

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 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 reasonable 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.

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