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Kermode Resources Ltd (2)
Symbol KLM
Shares Issued 61,481,970
Close 2024-10-21 C$ 0.005
Market Cap C$ 307,410
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Kermode Resources talks XRF work at Mount Sicker

2024-10-23 15:53 ET - News Release

Subject: News release for publication Battery Ridge samples @ Mount Sicker PDF Document

File: Attachment 2024-10-23-KLM-BATTERY RIDGE XRF news release LQ.pdf

Kermode Reports XRF Results for Select Samples from Battery Ridge

Victoria, British Columbia - (October 23, 2024) - Kermode Resources Ltd. (TSXV: KLM) ("Kermode" or the "Company") reports the results of XRF analysis of select surface samples from the Battery Ridge area at the Mount Sicker project.

Sample ID Copper (% Cu) Zinc (% Zn) BR1 1.29% 0.26% BR2 1.07% 0.02% BR3 3.11% 0.03% BR4 0.78% 0.01% BR5 0.43% 11.64%

A video of the field work associated with samples BR1, BR2, and BR3 was titled "Abandoned Mine Workings Found In The Battery Ridge Zone!" and published here: https://youtu.be/mu2oeclWHYA

A video of the field work associated with samples BR4 and BR5 was titled "Battery Ridge Zinc Showing On Mount Sicker!" and published here: https://youtu.be/3y_dCSwTowE

Rock Sample Details for Samples from Copper Canyon

ID DATE EASTING NORTHING ELEVAT SAMPLE Details (10N) (ZONE 10) ION 5413811 5413801 (ASL) TYPE

5413800 Grab sample from dump of 35m long 5413769 adit below All Metal Railways Showing.

Sample from small boulder contained

chloritic schists with 20% coarse to fine

pyrite disseminated, 10% chalcopyrite

in areas where schists are folded and

Grab possible sphalerite in small quartz

BR1 10/11/2024 441916 365m (Dump) sulphide veinlet. BR2 10/11/2024 441987 Sample from lower road/old railway BR3 10/11/2024 441991 BR4 4/18/2024 442031 grade. Bedrock grab of choritic schists

Grab with disseminated pyrite at 30% and

375m (Bedrock) chalcopyrite at 8-10%.

Sample from Bedrock below the

road/railway grade. Chloritic schists

Grab with 20% chalcopyrite stringers and

373m (Bedrock) 20% pyrite disseminated.

Sample from upper All Metal Showing -

20m from Battery Ridge Showing.

Along upper mine road to Nugget

Grab Creek. Sample of 40% pyrite

404m (Bedrock) disseminated and clots of chalcopyrite at 5-7%. Sample broken from bedrock

of chloritic schists.

Sample from centre of Battery Ridge

showing at base of outcrop. Sample

contains 40% sphalerite, 20% pyrite,

Grab 5% chalcopyrite and 5% pyrrhotite.

BR5 4/18/2024 442010 5413707 401m (Bedrock) Banded sulphides in schists.

Note that all samples were collected by Justin Deveault and Justin McNutt from 911 Exploration Corp. The XRF results were received October 22, 2024.

Exploration contractor Mr. Justin Deveault comments, "The Battery Ridge zone looks similar to other stringer zones below Volcanogenic Massive Sulphide VMS deposits, in general, and looks similar to the footwall at the 911 Zone at the Mount Sicker project, in particular. Next to the zinc occurrence documented in sample BR5, we uncovered a band of malachite-stained, pyrite-bearing chert. Historical drilling in this area hit the sulphide stringers and schists going uphill for approximately 1 kilometre in what is historically called the Postuk-Fulton Zone, but it appears to have not been followed downhill. We believe this area is a good candidate for trenching and geophysics as bedrock is shallow. We have completed two holes in this area using the backpack drill as described in the video titled `Battery Ridge Zinc Showing On Mount Sicker!', one of which is 4.25m and the other is 5.3m, which we have not yet assayed. The drilled and sampled widths are not indicative of true thickness of the mineralized zone."

Figure 1: Location of new results reported in this new release. Figure 2: Location of all results reported by Kermode at the Mount Sicker project.

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 October 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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