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Kermode Resources Ltd (2)
Symbol KLM
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Market Cap C$ 307,410
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Kermode samples up to 15.81% Cu at Mount Sicker

2024-11-04 16:10 ET - News Release

Subject: News release exploration results from Mount Sicker PDF Document

File: Attachment 2024-11-04-KLM-911 SHOWING XRF news release second batch.pdf

Kermode Reports XRF Results for Samples from the 911 Showing at Mount Sicker

Victoria, British Columbia - (November 4, 2024) - Kermode Resources Ltd. (TSXV: KLM) ("Kermode" or the "Company") reports the results of XRF analysis of surface samples from the 911 Showing area at the Mount Sicker project.

This news release reports the results for 24 samples. The sampling methodology used for this batch of samples was a random grab of bedrock collected every 5 metres, covering a distance of 120 metres approximately. Detailed rock descriptions of each sample are provided.

Sample ID Copper (% Cu)

911-16 0.38% 911-17 0.63% 911-18 0.17% 911-19 0.62% 911-20 1.64% 911-21 1.86% 911-22 0.82% 911-23 0.48% 911-24 0.46% 911-25 0.34% 911-26 0.66% 911-27 4.19% 911-28 15.81% 911-29 4.21% 911-30 6.19% 911-31 1.34% 911-32 1.17% 911-33 1.40% 911-34 0.54% 911-35 2.09% 911-36 1.85% 911-37 7.47% 911-38 1.77% 911-39 2.37% 911-40 12.39%

Rock Sample Details for Samples from Copper Canyon

ID DATE EASTING NORTHING ELEVAT SAMPLE Details (10N) (ZONE 10) ION

(ASL) TYPE Rhyolite flows and schistose rock with

disseminated pyrite and minor

chalcopyrite. Occasional stringers

which appear to contain more

chalcopyrite. Avgerages 5-7% pyrite

and 1-5% chalcopyrite. Sample of

Grab bedrock which contained disseminated

911-16 16-10-2024 444842 5413346 602m (Bedrock) + a 3mm sulphide stringer. 911-17 16-10-2024 444779 5413355 911-18 16-10-2024 444758 5413353 Quartz sulphide vein with massive 911-19 18-10-2024 444772 5413332 pyrite. Both sulphide and quartz are 911-20 18-10-2024 444566 5413409 weathered and fresh samples show a 911-21 18-10-2024 444552 5413406 green staining around pyrite where 911-22 18-10-2024 444537 5413403 Grab quartz is. Sample taken was 60% pyrite

608m (Bedrock) and minor chalcopyrite.

Silicified schists, white quartz with

coarse pyrite. Sample contained up to

50% pyrite. Strike of 290W dipping 50

Grab degrees roughly the same as all

612m (Bedrock) bedrock in the area.

Quartz in silicified schists with

disseminated pyrite up to 25%, minor

Grab chalcopyrite noticed mixed with pyrite

618m (Bedrock) clusters.

Upper vein /zone at 911 showing

sample contained stringers of a black

sulphide, pyrite, chalcopyrite and

pyrrhotite. Schists that are very

deformed and soft you can break apart

with rolling in your fingers. Sulphide

Grab stringers also contain quartz fragments.

631m (Bedrock) Total sulphides 15%.

Upper vein /zone at 911 showing

sample contained stringers of a black

sulphide, pyrite, chalcopyrite and

pyrrhotite. Schists that are very

deformed and soft you can break apart

with rolling in your fingers. Sulphide

Grab stringers also contain quartz fragments.

634m (Bedrock) Total sulphides 20%.

Upper vein /zone at 911 showing

sample contained stringers of a black

sulphide, pyrite, chalcopyrite and

pyrrhotite. Schists that are very

deformed and soft. Sample has small

clots of chalcopyrite among the black

Grab sulphide stringers. Total chalcopyrite is

637m (Bedrock) 5-7%. Chloritic altered schists with stringers of

Grab pyrite up to 20% and chalcopyrite

911-23 19-10-2024 444520 5413399 640m (Bedrock) between 5-6%.

Grey silicified schist with up to 10%

Grab sulphides. Minor pyrite and chalcopyrite

911-24 19-10-2024 444504 5413396 642m (Bedrock) about 5% pyrite and 5% chalcopyrite. 911-25 19-10-2024 444489 5413393 911-26 19-10-2024 444475 5413394 Grey silicified schist with up to 10% 911-27 19-10-2024 444662 5413397 911-28 19-10-2024 444671 5413396 sulphides, minor amounts of cherty rock

with pyrite and chalcopyrite.

Grab Disseminated with minor stringer

644m (Bedrock) sulphides.

Grey schists with minor disseminated

pyrite and occasional stringers between

1 mm and 15mm wide. Minor

Grab chalcopyrite in stringers but otherwise

645m (Bedrock) mostly pyrite.

Pyrite and chalcopyrite stringer

mineralization in chloritic schists.

Grab 15-20% chalcopyrite and 10% pyrite.

617m (Bedrock) Abundant stringers in the area.

Massive thick chalcopyrite stringers.

Bands of chalcopyrite up to 10 cm thick

in chlorite schists, some minor

malachite staining on the chalcopyrite.

Grab Sample taken was 45-50% chalcopyrite

616m (Bedrock) and the remaining was schists.

Very light-dual colored

Grab chalcopyrite/pyrite mix containing 50%

911-29 26-10-2024 444573 5413405 631m (Bedrock) sulphides in soft grey schists. 911-30 26-10-2024 444581 5413404 911-31 26-10-2024 444559 5413409 Semi massive sulphides, 20%

chalcopyrite, 40% pyrite and 5% black

colored sulphides. Mineralization is

Grab semi massive in large veinlets/bands of

629m (Bedrock) grey colored schists.

Quartz, pyrite and black sulphides with

minor chalcopyrite. Total sulphides at

Grab 25%. Stringers and veinlets in soft grey

632m (Bedrock) schists.

Stringers of black sulphides at 40% with

Grab minor pyrite and chalcopyrite up to 10%

911-32 26-10-2024 444547 5413406 635m (Bedrock) in a grey soft schist. 911-33 26-10-2024 444542 5413405 Black colored sulphides with quartz and

up to 10% chalcopyrite. Sulphides in a

Grab grey colored, soft and extremely folded

636m (Bedrock) schist. 911-34 26-10-2024 444532 5413402 Grab Grey schists hosting quartz, minor 638m (Bedrock) pyrite and a black colored sulphide.

Total black sulphides at 25%.

Pyrite at 70% and chalcopyrite at 10%

Grab in a 10cm thick band of sulphide pocket

911-35 26-10-2024 444527 5413401 639m (Bedrock) in a grey soft, folded schist. 911-36 28-10-2024 444681 5413393 911-37 28-10-2024 444691 5413391 Massive sulphides, loose and crumbly 911-38 28-10-2024 444700 5413389 911-39 28-10-2024 444721 5413379 sulphide lense with 80% pyrite, 10-12%

911-40 28-10-2024 444598 5413410 Grab chalcopyrite. Lense has minor soft

614m (Bedrock) weathered quartz fragments.

Massive sulphide lense between

sericite schists. Lense 20cm wide with

70% pyrite and up to 25% chalcopyrite,

some of the chalcopyrite is weathered

Grab to dark blue which looks black unless

613m (Bedrock) viewed under magnification.

Massive pyrite and minor chalcopyrite

within lense at 10-12%, some of the

chalcopyrite is weathered to dark blue

Grab which looks black unless viewed under

612m (Bedrock) magnification. Total sulphide 85-90%.

White quartz vein in ditch with 20-25%

pyrite and 10-15% chalcopyrite. Sample

taken had 10% chalcopyrite and is

weathered to iridescent coloring.

Grab Section of vein exposed over 10m

612m (Bedrock) length in ditch, under roadway.

Sample from center of the lower main

vein in ditch. Location of our 10 tonne

hand bulk sample. Sample from floor of

ditch contains 70% sulphides. 40%

pyrite and 35% chalcopyrite. Some of

the chalcopyrite is wethered to a dark

blue color which looks black unless

Grab viewed under magnification. Hosted in

624m (Bedrock) silicified schist with some quartz.

Note that all samples were collected by Justin Deveault and Justin McNutt from 911 Exploration Corp.

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

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 Kelly Funk completed the XRF analysis in October 2024. Mr Funk is not independent of Kermode as he is part of the vendor group for the property purchase option agreement on Mount Sicker and other projects, plus he is compensated under a shares-for-services agreement for the costs of the XRF analysis.

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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