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Kermode Resources Ltd (2)
Symbol KLM
Shares Issued 40,729,302
Close 2024-03-19 C$ 0.02
Market Cap C$ 814,586
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Kermode samples 16.25% Cu at Mount Sicker

2024-03-20 08:56 ET - News Release

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

File: Attachment 2024-03-20-KLM-COPPER CANYON XRF 2nd results news release.pdf

Kermode Reports XRF Results for Select Samples from Copper Canyon

Victoria, British Columbia - (March 20, 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)

CCC01 3.28% CCC02 8.79% CCC03 16.25% CCC04 2.21% CCC05 1.26%

Additional information is available on the on the Mount Sicker project data room here: https://drive.google.com/drive/folders/1j4Zogi5bZ4NZYZHHXAa948PjnExBvApE

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

Video Title Field Work video link

"Copper Canyon Creek Adit" https://youtu.be/CV-znvz0d7I "Copper Canyon Creek https://youtu.be/cfsyKQu2tJo Showings!"

Further information about all rock samples is provided below.

Rock Sample Details for Samples from SLESSE CREEK

ID DATE EASTING NORTHING SAMPLE Details (ZONE CCC01 ELEVATI CCC02 (ZONE 10) ON (ASL) TYPE 10N)

Silicified schists hosting quartz and sulphide

veining following Copper Canyon Creek.

Sample taken at the convergence of three

Bedrock sulphide lenses where the vein is 30cm wide

Select with massive pyrite and chalcopyrite. 70%

10/10/2023 441102 5412864 288m Grab pyrite and 20% chalcopyrite.

Schists hosting a 33cm wide massive

sulphides vein in Copper Canyon Creek. The

Bedrock sample has 60% pyrite, and 30%

Select chalcopyrite. Malachite staining between

10/10/2023 441088 5412865 281m Grab schist and sulphide lens. CCC03 10/10/2023 441072 5412865 272m 50cm wide massive sulphide lens interwoven CCC04 10/14/2023 440881 5412812 245m with quartz veining. Sample taken from CCC05 11/13/2023 441023 5412848 259m Bedrock massive sulphides with 30% pyrite and 60% Select chalcopyrite, 5% sphalerite. Hosted in Grab schists. 6-7m deep shaft with granodiorite contacting schists. The overgrown dump had silicified schist with disseminated pyrite and Float chalcopyrite samples and some mineralized Select quartz. Sample of mineralized quartz Grab contained 10% pyrite and 15% chalcopyrite Disseminated sulphides in quartz and schists with the occasional lens of massive sulphides adjacent to quartz in schistose host rock Bedrock average pyrite at 10% and chalcopyrite at Select 10%. Taken from 3m from inside portal of Grab Copper Canyon Creek Adit.

Note that all samples were collected by Justin Deveault and Justin McNutt from 911 Exploration Corp. over three days in October 10th and 14th, and November 13th, 2023. The XRF results were received March 19, 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 March, 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'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.

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