21:12:14 EDT Tue 14 May 2024
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or Name
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Kermode Resources Ltd (2)
Symbol KLM
Shares Issued 40,729,302
Close 2024-03-12 C$ 0.01
Market Cap C$ 407,293
Recent Sedar Documents

Kermode Resources samples up to 14.25% Cu at Santa Anna

2024-03-13 13:59 ET - News Release

Subject: News releases (grab samples for SANTA ANNA) PDF Document

File: Attachment 2024-03-13-KLM-SANTA ANNA assay results news release LQ.pdf

Kermode Reports Results from SANTA ANNA

Victoria, British Columbia - (March 13, 2024) - Kermode Resources Ltd. (TSXV: KLM) ("Kermode" or the "Company") reports assays for grab samples from the SANTA ANNA project. Justin Deveault and Justin McNutt from 911 Exploration Corp. collected all samples on November 17 and 18, 2023, and the results were received on March 11, 2024.

Sample No. Copper (% Cu) K487067 K487070 1.31 K487071 14.25 K487074 K487075 0 K487077 8.81 K487078 1.79 K487079 5.68 K487081 4.84 K487083 2.94 4.17 6.72

Additional information is available on the on the SANTA ANNA project data room at this link: https://drive.google.com/drive/folders/15OWasoe6ps_x1SfdNzth773M2p04_GyI

Additional information regarding this news release, including the assay lab report, is available online at this link: https://drive.google.com/drive/folders/16dFM6iP8oYh2HUeKltSw6Gxmei25tEqC

Links to videos showing the prospecting for these samples are provided below.

Video Title Field Work video link

"Copper, Silver & Gold Bearing https://www.youtube.com/watch?v=Ym4e7AcW78M&list=PLIk-jfYt7

Skarn That Runs Through A POhQYQZrYqTQwbONYCCYAfZb

Mountain!"

"Exposing A Large Copper https://www.youtube.com/watch?v=aUSDDSKWqh0&list=PLIk-jfYt7

Skarn Lense!" POhQYQZrYqTQwbONYCCYAfZb

"We Found A Large Kilometer https://www.youtube.com/watch?v=25fiYNNrAA4&list=PLIk-jfYt7PO

Long Magnetite Zone!" hQYQZrYqTQwbONYCCYAfZb

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

ID EASTING NORTHING Sample Details (ZONE 10N) (ZONE 10) Type K487067 Limestone and quartz diorite found in a 1.5m x 1.5m x 6m 345741 5562289 Grab (Float) trench. No mineralization seen in areas exposed but loose K487070 samples at bottom had up to 15% sulphides. Trench is K487071 345719 5562271 Grab (Float) sloughed in and rooted. Grab from a piece of limestone material inside the trench which had massive chalcopyrite and pyrite with 60% total sulphides. Little other mineralization seen as trench has overgrown and is incompletely exposed. Limestone and quartz diorite found in a 1m x 1m x 8m trench.

345521 5562616 Grab (Random) Sample of non-mineralized granitic host rock. Sample blank.

K487074 345712 5561982 Select grab off of a well mineralized boulder , roughly 30Kg in K487075 345740 5561966 Grab (Select) size, in stockpile below number #1 mine adit. K487077 345733 5562183 Grab of disseminated sulphides in the outcrop beside K487078 345755 5562139 prospector hole 20m away. Sample of quartz, skarn, and K487079 345751 5562046 Grab (Select) limestone with chalcopyrite at 12-15%. K487081 345732 5562149 Survey Pin # 864519 Entrance of a cave survey pin from K487083 345715 5562074 1997.Cave is actually a short adit following gneiss and limestone contact. A 1m x1m pit connects to the cave/adit 10m behind. Loose rock at entrance with 25% chalcopyrite Grab (Float) found on floor, several rusty areas but could not safely enter. 4m tall vertical outcrop with a flat area below. The flat area is 3m wide by 40m long and has a moss-covered outcrop above for 4m tall. Quartz and gneiss seen all over outcrop with areas on the floor jutting out that contain disseminated to semi-massive chalcopyrite and minor pyrite. Sample contains 20% chalcopyrite and 5% pyrite. Sample taken from an area were sulphides exposed over 4m before going under Grab (Select) overburden. Most mineralized rock is black color. Sloughed open cut with loose malachite stained samples all over under moss. Bedrock exposed in a 5m wide area and quartz with patches of chalcopyrite and pyrite up to 5cm seen. Gneiss seen which is mineralized. A sample of black rock, gneiss and quartz contained 15% chalcopyrite and 5% pyrite. Grab (Float) The open cut is 6m wide. Collapsed Adit - Adit #3 has a small opening from being sloughed in and you can access only 3m of adit. Sample taken from adit floor inside. Small covered dump material beside and above shows sulphides up to 15%. in skarn, gneiss and some quartz. 3m behind the adit, it appears to Grab (Float) have collapsed. Sample had 20% chalcopyrite disseminated.

Adit #2. Sample taken from the inside of the adit at the first mineralized area. Sample contains semi-massive chalcopyrite, pyrite and pyrrhotite on the right side of the adit over 10-12m+ widths to showing. Did not venture further due Grab (Select) to flooding. 30% Chalcopyrite, 5% pyrite and 5% pyrrhotite. Picture of sample K487070 (14.25% Copper): Picture of sample K487074 (8.81% Copper): 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 most recent work conducted on the subject property by the Company utilized commercial laboratories for all geochemical analyses and was conducted using industry-standard chain of custody procedures with all samples. Due to the preliminary nature of the field geochemistry programs, no blind analytical blanks and standards were utilized by the Company; and only the internal procedures employed by the commercial laboratories were utilized for QA/QC protocols. The Qualified Person is satisfied these procedures are sufficient for the current status of the subject property.

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 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.

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