File: Attachment 2024-07-30-KLM-News Release LIGHTNING PEAK Gravity Concentrate.pdf

Kermode Reports Assays for Gravity Concentrates from Lightning Peak Project

Victoria, British Columbia - (July 30, 2024) - Kermode Resources Ltd. (TSXV: KLM) ("Kermode") announces the results of gravity concentrate testwork from samples collected at the Lightning Peak project in BC.

The samples comprise 18.1 kg of material at the Peak AU Showing from a pile of mine waste at the following coordinates: 388587 Easting, 5529004 Northing (Zone 10N). The samples were passed through a jaw crusher, then through a hammer mill and screened with the oversize fraction being put through the hammer mill again, and then through a Keene Engineering ST-1 shaker table to create tailings, middlings, and concentrates. Kermode assayed the tailings, middlings, concentrates, and a control sample that was not concentrated. Mr. Milo Mielniczuk, who optioned the project to Kermode, collected and processed the samples in July 2024 at his work yard by Cherryville, BC.

Sample Sample Gold Silver Dried Weight Mass Pull Gold Silver Description ID (ppm) Concentrate (ppm) (kg) (%) Recovery (%) Recovery (%) Middlings 114722 226.0 Tailings 114723 24.1 832 0.1 0.7% 37.8% 8.0% 114724 1.8 405 0.7 3.8% 21.0% 20.3%

57 17.3 95.5% 41.2% 71.7%

The Calculated Head Grade from the concentrate testwork is 4.3 ppm Au and 75.8 ppm Ag. Kermode also collected additional samples of similar material, which were previously reported on July 19, 2024 where the average of three samples from the Peak AU Showing returned grades of 12 ppm Au and 190 ppm Ag. The dump pile at the Peak AU mine working include galena- and pyrite-rich quartz vein material.

Assays were completed by Activation Laboratories Ltd. in Kamloops, BC. The gold and silver results were done by Fire Assay with Gravimetric finish. Assays for sulphur and other elements were completed by Aqua Regia ICP-OES, which show low levels of arsenic and mercury.

Kermode has a multi-year, area-based exploration permit for the Lightning Peak project that allows for three trenching sites and five drill pads. In the future, Kermode intends to complete mineralogical testing to determine the type of gold of mineralization present.

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 and United States securities legislation (collectively herein referred to as "forward-looking information"). Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause Kermode actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements.

Forward-looking statements in this document include but not limited to results, analyses and interpretations of exploration programs. The forward-looking information contained in this news release represents the expectations of Kermode as of the date of this news release and, accordingly, is subject to change after such date.