Subject: News release $KLM Retracts technical disclosure
PDF Document
File: Attachment 2024-12-04-KLM-Retracts Technical Disclosure.pdf
Kermode amends and restates Certain Technical Disclosure.
Kermode Resources Ltd. (TSXV: KLM) (the "Company" or "Kermode")
Victoria, British Columbia December 4, 2024 As a result of a review by
the British Columbia Securities Commission, Kermode issues the following
news release to clarify our disclosure. Kermode retracts and restates prior
disclosure for several projects, as detailed in this release. The Company
acknowledges that the previous information was non-compliant with National
Instrument 43-101 ("NI 43-101") standards. The public is advised not to rely
on the prior disclosures identified and addressed below.
Rye Patch Project Exploration Target
Kermode retracts the news release for the Rye Patch silver project dated May
24, 2024, and reports that there is no exploration target for this project
because there is no basis on which the qualified person estimated the quantity
and grade of the target.
Tonya Project Exploration Target & Supplement documemt
Kermode retracts the news release and corresponding supplement document
for the Tonya gold project dated December 13, 2023. There is no exploration
target for this project because there is no basis on which the qualified person
estimated the quantity and grade of the target.
Retraction of Assessment Report for Slesse Creek Project
Kermode retracts the document filed on SEDAR+ on April 15, 2024, titled
"TECHNICAL ASSESSMENT REPORT ON PROSPECTING THE
SLESSE CREEK PROPERTY." This document was not filed as a Form 43-
101F1 Technical Report, and does not meet the disclosure standards of NI
43-101. The document is an assessment report and can be viewed by
accessing the assessment report on British Columbia's Assessment Reporting
Index System (ARIS). At present the Slesse Creek project has no current
technical report.
Retraction of Assessment Report for Vigh Graphite Project
Kermode retracts the document filed on SEDAR+ on April 19, 2024, titled
"Assessment Report on the Vigh Graphite Property Rock Sampling." This
document was not filed as a Form 43-101F1 Technical Report and does not
meet the disclosure standards of NI 43-101. The document is an assessment
report and can be viewed by accessing the assessment report on British
Columbia's Assessment Reporting Index System (ARIS). At present the Vigh
Graphite project has no current technical report.
Qualified Person
The technical information in this news release has been reviewed and
approved by Mr. Robert Carrington, Professional Geologist and Professional
Engineering Geologist, a Qualified Person as defined in Canadian NI 43-101,
responsible for the scientific and technical information contained herein
under National Instrument 43-101 standards. Mr. Carrington is not
independent of Kermode as he has optioned the Tonya and Rye Patch
projects in Nevada to Kermode and conducted exploration work under a
shares-for-services basis.
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
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." Such statements involve factors that may cause Kermode's actual
results, performance or achievements, or developments in the industry to
differ materially from the anticipated results.
Word Document
File: '\\swfile\EmailIn\20241204 090138 Attachment 2024-12-04-KLM-Retracts Technical Disclosure.docx'
Kermode amends and restates Certain Technical Disclosure.
Kermode Resources Ltd. (TSXV: KLM) (the "Company" or "Kermode") Victoria, British Columbia - December 4, 2024 - As a result of a review by the British Columbia Securities Commission, Kermode issues the following news release to clarify our disclosure. Kermode retracts and restates prior disclosure for several projects, as detailed in this release. The Company acknowledges that the previous information was non-compliant with National Instrument 43-101 ("NI 43-101") standards. The public is advised not to rely on the prior disclosures identified and addressed below.
Rye Patch Project Exploration Target
Kermode retracts the news release for the Rye Patch silver project dated May 24, 2024, and reports that there is no exploration target for this project because there is no basis on which the qualified person estimated the quantity and grade of the target.
Tonya Project Exploration Target & Supplement documemt
Kermode retracts the news release and corresponding supplement document for the Tonya gold project dated December 13, 2023. There is no exploration target for this project because there is no basis on which the qualified person estimated the quantity and grade of the target.
Retraction of Assessment Report for Slesse Creek Project
Kermode retracts the document filed on SEDAR+ on April 15, 2024, titled "TECHNICAL ASSESSMENT REPORT ON PROSPECTING THE SLESSE CREEK PROPERTY." This document was not filed as a Form 43-101F1 Technical Report, and does not meet the disclosure standards of NI 43-101. The document is an assessment report and can be viewed by accessing the assessment report on British Columbia's Assessment Reporting Index System (ARIS). At present the Slesse Creek project has no current technical report.
Retraction of Assessment Report for Vigh Graphite Project
Kermode retracts the document filed on SEDAR+ on April 19, 2024, titled "Assessment Report on the Vigh Graphite Property Rock Sampling." This document was not filed as a Form 43-101F1 Technical Report and does not meet the disclosure standards of NI 43-101. The document is an assessment report and can be viewed by accessing the assessment report on British Columbia's Assessment Reporting Index System (ARIS). At present the Vigh Graphite project has no current technical report.
Qualified Person
The technical information in this news release has been reviewed and approved by Mr. Robert Carrington, Professional Geologist and Professional Engineering Geologist, a Qualified Person as defined in Canadian NI 43-101, responsible for the scientific and technical information contained herein under National Instrument 43-101 standards. Mr. Carrington is not independent of Kermode as he has optioned the Tonya and Rye Patch projects in Nevada to Kermode and conducted exploration work under a shares-for-services basis.
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
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." Such statements involve factors that may cause Kermode's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results.
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