12:05:13 EDT Wed 09 Jul 2025
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or Name
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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
Recent Sedar Documents

Kermode receives Lightning Peak exploration permit

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

Subject: 2024-07-29-KLM-Lightning Peak permits news release.pdf PDF Document

File: Attachment 2024-07-29-KLM-Lightning Peak permits news release.pdf

Kermode Permits Lightning Peak Project

Victoria, British Columbia - (July 29, 2024) - Kermode Resources Ltd. (TSXV: KLM) ("Kermode" or the "Company") announces 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 CEO Peter Bell comments, "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 75degree 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.

A video of the field work titled, "Lightning Peak 2024 Site Visit" was published July 29, 2024: https://youtu.be/sG5uUCtgDk8?si=bZSk1vVHVIniHnjK

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.

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 securities legislation. Such forward-looking statements involve risks that may cause Kermode's actual results to differ materially from anticipated results. Although Kermode believes the forward-looking information contained in this news release is reasonably based, forward-looking statements involve uncertainty and, accordingly, is subject to change after such date.

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