09:37:25 EDT Wed 09 Jul 2025
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Kermode Resources Ltd (2)
Symbol KLM
Shares Issued 46,829,182
Close 2024-07-26 C$ 0.01
Market Cap C$ 468,292
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Kermode receives Lightning Peak exploration permit

2024-07-29 10:07 ET - News Release

Mr. Peter Bell reports

KERMODE PERMITS LIGHTNING PEAK PROJECT

Kermode Resources Ltd. has received permit approval for exploration at the Lightning Peak project. The permit includes five sites for surface drilling and three sites for trenching or bulk sampling.

Kermode chief executive officer Peter Bell commented: "The plan for this work program includes three phases. The first phase will be surface trenching at known gold occurrences where we perform gravity concentrate testwork on sample material. The second phase will include shallow drilling less than 10 metres with a backpack drill. The third phase will be deeper drilling with a core rig to intercept the target horizon at less than 100-metre depth."

One target area is the Morning showing (082ENE022), which is a past producer. The Morning vein dips 75 degrees west, hosted by a shear zone striking north-south. One of the collapsed shafts exposed a vein where metal rail tracks and machinery were found. Dump material consisted of vuggy, milky quartz with coarse pyrite and other sulphides.

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.

About Kermode Resources Ltd.

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

We seek Safe Harbor.

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