Anuncio • Mar 27
Kermode Resources Ltd. Announces Approval of Delisting from TSX Venture Exchange Kermode Resources Ltd. announced that it has received the approval of its shareholders of the sole item of business presented at its Special Meeting of Shareholders held on March 25, 2026 being the delisting of the Company's common shares (the "Delisting") from the TSX Venture Exchange (the "TSXV"). The Company's board of directors has determined that it intends on proceeding with the Delisting from the TSXV which the Company expects will be effective on or before April 30, 2026. Following the Delisting, shareholders should be aware that there will be no organized regulated market through which these securities of the Company may be sold, which will affect the pricing and the liquidity of the Company's common shares. The Company will continue to be subject to ongoing disclosure and other obligations as a reporting issuer under applicable securities legislation in Canada. New Risk • Sep 14
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$72k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$72k free cash flow). Share price has been highly volatile over the past 3 months (92% average weekly change). Earnings have declined by 40% per year over the past 5 years. Shareholders have been substantially diluted in the past year (62% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$456.2k market cap, or US$329.5k). Anuncio • Jun 13
Kermode Resources Ltd. Announces Resignation of Tek Manhas as Chair of Its Audit Committee Kermode Resources Ltd. announced that Laurie Thomas has resigned from the Mr. Tek Manhas has been appointed as chair of its audit committee. Anuncio • May 30
Kermode Resources Ltd. announced that it expects to receive CAD 0.1 million in funding Kermode Resources Ltd announced a non brokered private placement to issue 10,000,000 units at an issue price of CAD 0.01 for the proceeds of CAD 100,000 On May 29, 2025. The Units shall consist of one common share and one common share purchase
warrant . The Warrant shall be exercisable to acquire one common share at a price of CAD 0.05 per warrant share for a period of five years 2029) from the closing of the Offering with no accelerator conditions. In connection with the offering, the company may pay a finder’s fee in cash, shares, and warrants to certain eligible finders. The amount shall be ten percent 10% of the aggregate gross proceeds raised from those purchasers introduced by such Finders payable in cash and twenty percent 25% payable in broker warrants. Each Broker Warrant shall entitle the holder to purchase one common share at an exercise price of CAD 0.05 per share for a period of 60 months following the closing. The Offering is anticipated to close on or about July 1, 2025. The transaction is subject to approval of regulatory and other approvals, including the approval of the TSX Venture Exchange. The insiders of the company may participate in the offering. All securities issued in connection with the Offering will be subject to a four-month and one-day hold period. A portion of the Offering may be completed in accordance with the exemption set out in BC Instrument 45-536 (Exemption from prospectus requirement for certain distributions through an investment dealer) (the "Investment Dealer Exemption") and to existing shareholders of the Company pursuant to the exemption set out in BC Instrument 45-534 (Exemption from prospectus requirement for certain trades to existing security holders). Anuncio • Mar 13
Kermode Resources Ltd. (TSXV:KLM) completed the acquisition of 1521158 B.C. Ltd. from the shareholders of 1521158 B.C. Ltd. Kermode Resources Ltd. (TSXV:KLM) entered into a share exchange agreement to acquire 1521158 B.C. Ltd. from the shareholders of 1521158 B.C. Ltd. for CAD 0.15 million on March 2, 2025. Pursuant to the agreement, Kermode Resources Ltd. will issue an aggregate of 15 million common shares on closing. Completion of the acquisition is subject to the satisfaction of customary conditions precedent, including the approval of the TSX Venture Exchange.
Kermode Resources Ltd. (TSXV:KLM) completed the acquisition of 1521158 B.C. Ltd. from the shareholders of 1521158 B.C. Ltd. on March 12, 2025. New Risk • Feb 27
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$37k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$37k free cash flow). Earnings have declined by 38% per year over the past 5 years. Shareholders have been substantially diluted in the past year (86% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$637.8k market cap, or US$444.7k). Anuncio • Feb 11
Kermode Resources Ltd., Annual General Meeting, Apr 14, 2025 Kermode Resources Ltd., Annual General Meeting, Apr 14, 2025. Board Change • Dec 19
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). CEO, President & Director Peter Bell is the most experienced director on the board, commencing their role in 2020. Independent Director Roger Lewis was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Anuncio • Oct 24
Kermode Resources Ltd. Reports XRF Results for Select Samples from Battery Ridge Kermode Resources Ltd. reported the results of XRF analysis of select surface samples from the Battery Ridge area at the Mount Sicker project. 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. Anuncio • May 26
Kermode Resources Ltd. Reports Ongoing Program of Select Rock Sampling at 911 Showing on Mount Sicker Project Kermode Resources Ltd. reported on the ongoing program of select rock sampling at the 911 Showing on the Mount Sicker project. Kermode has collected a stockpile of 13.9 tonnes of select rock material by hand sampling. This includes 10.74 tonnes from the 911 Showing East, 1.60 tonnes from the 911 Showing West, and 1.55 tonnes of Float samples. The samples collected at the 911 Showing East were taken from the immediate area around sample #K487453, which assayed at copper 4.4% Cu over 4.4m as reported on December 18, 2023. The location of the source of the stockpile and sample #K487453 are as follows: UTM Zone 10N, easting 444599, northing 5413415. The material was described as a zone of silicified schists with grey-white quartz-sulphide veining in the foliations of schists and semi-massive sulphides in the quartz-rich areas. The zone contains 40%-70% sulphides based on packsack drilling, and is 4.4m wide. The ongoing sampling at the 911 Showing East has been designed to select material that visually contains more sulphides than sample #K487453. The stockpile of samples at 911 Showing East was collected from bedrock within an area approximately 1.5m deep, 3m wide, and 10m long. This is one area of mineralization that is exposed in a road built for ongoing logging as shown in the picture below. The weight was calculated by weighing all sample bags. Each bag contains approximately 100kg of rock samples and there are approximately 140 bags in the stockpile. In addition to calculating sample weights, Kermode calculated the density of 6 samples using a water displacement method. To calculate the volume of each sample, Kermode dumped the rock sample into a full bucket of water and measured the volume of water that was displaced; Kermode then calculated density as kilograms divided by litres. Quality assurance/quality control statement: The most recent work conducted on the subject property by the company utilized commercial laboratories for all geochemical analyses and was conducted using industry-standard chain-of-custody procedures with all samples. Due to the preliminary nature of the field geochemistry programs, no blind analytical blanks and standards were utilized by the company; and only the internal procedures employed by the commercial laboratories were utilized for QA/QC protocols. The qualified person is satisfied that these procedures and protocols are sufficient for current status of the subject property. Anuncio • Feb 06
Kermode Resources Ltd., Annual General Meeting, Apr 15, 2024 Kermode Resources Ltd., Annual General Meeting, Apr 15, 2024. Anuncio • Jan 17
Kermode Resources Ltd. Reports Assays from Vigh Graphite Kermode Resources Ltd. reported results from surface sampling at the VIGH GRAPHITE project. Kermode plans to do additional testing on this project. Two samples included significant results with 21.2% Graphitic Carbon (% Gr) in sample 24-09 and 13.2% Gr in sample 24-05. The results for all nine samples are provided in the table below, including Graphitic Carbon, Total Carbon C(TOTAL), and more. Anuncio • Jan 09
Kermode Resources Ltd. Reports the First Assays for Select Surface Samples from the BLACK PANTHER Project Kermode Resources Ltd. reported the first assays for select surface samples from the BLACK PANTHER project. The samples were taken from three areas of interest as part of an ongoing sampling program. Sample Number: K487273-14.8 Gold ppm Au; K487274-17.1 Gold (ppm Au); K487630-6.2 Gold (ppm Au); K487634-6.2 Gold (ppm Au); K487275-73.9 Gold (ppm Au). Anuncio • Dec 16
Kermode Resources Ltd. Reports First Assays of Select Samples from EASTGATE BC Kermode Resources Ltd. reported the assays for the first select surface samples from the Eastgate BC project near the Township of Eastgate, BC. Samples were shipped to Kamloops Actlabs and tested for gold by fire assay- gravimetric finish, and multi-element Aqua Regia partial digestion. The samples were taken from one area of interest known as the Pasayten showing as part of the 2023 exploration program with Aurum Vena Resources Corp. at Eastgate BC. The initial 2023 reconnaissance work program consisted of locating and sampling the Pasayten mineral occurrence. Very limited historical information is known about the showing, with no recent exploration. The Eastgate BC project is comprised of 3 mineral claims covering 296 hectares located directly north of Eastgate, BC. The property covers 2 known mineral occurrences including the Pasayten showing, all hosted in rocks of the Upper Triassic Nicola Group volcanics. The Pasayten showing is reported to host an adit about 51 metres long and another about 40 metres, with some shallow opencuts and trenches. Mineralization is hosted in numerous narrow quartz veins in foliated mafic volcanics. The veins outcrop over a 400 by 300 metre area lying within and east of Lot 229 (A reverted crown grant.) The trenched and tunnelled vein contains pyrite, chalcopyrite, bornite, tetrahedrite and azurite. The presence of native gold and a telluride was reported but not confirmed. Historical samples include a selected grab sample from the lower tunnel of the faulted vein assayed 4.8 grams per tonne gold, 20.6 grams per tonne silver and 4.5% copper. Ten grab samples of selected material from the veins assayed 0.03 to 30.65 grams per tonne gold, 1.1 to 13.6 grams per tonne silver, 0.12% to 1.39% copper and nil to 0.14% lead. Regionally, the area has a long history of gold exploration and mining mostly for placer gold in the surrounding watersheds. Kermode Resources is grateful for the opportunity to work with Aurum Vena on the Eastgate BC project using a shares-for-services agreement. To earn 100% ownership of the project, Kermode must assign the vendors a Net Smelter Return royalty and a Sales Participation Right. The Net Smelter Return royalty is set at 5% with a buy-down of $5M five million dollars to reduce the royalty to zero. The Sales Participation Right is set at 25% for a period of 10 ten years, where the right is calculated as a percentage of the gross proceeds from any transaction whereby Kermode sells any interest in the project. There are no exploration spending commitments, share payments, or cash payments. Anuncio • Dec 10
Kermode Resources Ltd. Reports the First Assays for Select Surface Samples from the VIGH GRAPHITE Project Kermode Resources Ltd. reported the first assays for select surface samples from the VIGH GRAPHITE project. Following the discovery of visible graphite mineralization, further field sampling was recently carried out and Kermode is waiting for additional results. Anuncio • Nov 29
Kermode Resources Ltd. Reports Assays for First Select Surface Samples from Silver Bell Project Kermode Resources Ltd. reported the assays for the first select surface samples from the Silver Bell project. Samples were shipped to Kamloops Actlabs and tested for gold by fire assay- gravimetric finish, and multi-element Aqua Regia partial digestion. The samples were taken from one area of interest known as the JGR Showing as part of the 2023 exploration program with Aurum Vena Resources Corp. at Silver Bell. The initial 2023 reconnaissance work program consisted of locating and sampling the JGR mineral occurrence. Very limited historical information is known about the showing, with no recent exploration. Assays for select samples of the 2023 work program are listed above. Additional work performed included clearing the existing access to the JGR showing and collecting samples of historical dump material for crushing and concentrating. Regionally, the area has a long history of gold exploration and mining mostly for placer gold in the surrounding watersheds. Kermode Resources is grateful for the opportunity to work with Aurum Vena on the Silver Bell project using a shares-for-services agreement. The Silver Bell project is comprised of four mineral claims coverings 538 hectares located approximately 61 km east of Vernon, BC. The property covers 3 three known mineral occurrences including the JGR showing, all hosted in rocks of the Quesnellia tectono-stratigraphic terrane and is highly prospective for gold. Anuncio • Nov 10
Kermode Resources Ltd., Annual General Meeting, Jan 17, 2024 Kermode Resources Ltd., Annual General Meeting, Jan 17, 2024. Anuncio • Sep 14
Kermode Resources Ltd. Adds Fourth Director and Change to Corporate Secretary Kermode Resources Ltd. announced changes to the Board of Directors and management as follows: The Company adds a fourth seat to the board of directors and appointed Mr. Roger Lewis to serve as a Director. Mr. Roger Lewis will be an independent director and serve as the chair of the Audit Committee. The Company has accepted the resignation of Mr. Connor Sarsfield from the position of Corporate Secretary. The Company appointed Mr. Maxime Lepine to serve as Corporate Secretary. Mr. Maxime Lepine will continue to serve on the Board of Directors of Kermode, but will no longer be an independent Director and will no longer serve as the Chair of the Audit Committee. New Risk • Sep 07
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$184k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$184k free cash flow). Share price has been highly volatile over the past 3 months (59% average weekly change). Earnings have declined by 30% per year over the past 5 years. Shareholders have been substantially diluted in the past year (73% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.03m market cap, or US$757.7k). New Risk • Jun 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 53% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (68% average weekly change). Earnings have declined by 43% per year over the past 5 years. Shareholders have been substantially diluted in the past year (53% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$848.8k market cap, or US$642.1k). Anuncio • Jun 14
Kermode Resources Ltd. announced that it has received CAD 0.05 million in funding On June 13, 2023, Kermode Resources Ltd., closed the transaction. The company issued 5,000,000 common shares at an issue price of CAD 0.01 per share for the gross proceeds of CAD 50,000 in the transaction. All securities issued in connection with the private placement are subject to a statutory hold period expiring four months and one day from issuance. Anuncio • Jun 01
Kermode Resources Ltd. Announces CFO Changes Kermode Resources Ltd. announced the appointment of Andrew Low as Chief Financial Officer effective immediately. Mr. Low succeeds Ashley Nadon who has served as CFO since August 2021. Mr. Andrew Low is a member of CPA Canada since 2016, when he started NewCrest Consulting Corp. From April 2016 to April 2020, Andrew was CFO and CorporateSecretary of CWN Mining Acquisition Corporation, now called GCC Global Capital Corporation, as it went through a Change of Business from a mining issuer to an investment issuer and completed the co-occurring qualifying transactions. At this time, he also played a leadership role in the acquisitions of commercial student housing properties mainly located in the City of Waterloo and the City of St. Catharine. Mr. Low completed the Harvard Business School Online CORe certificate on Business Analysis and a B.Eng. of Peking University where he is a member of the Alumni Committee of the School of Engineering of Peking University. Anuncio • Nov 23
Peter Claus Resigns from the Board of Directors of Kermode Resources Ltd Kermode Resources Ltd. announced that Mr. Peter Clausi has resigned from the Board of Directors, effective immediately. Board Change • Nov 16
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). CEO, President & Director Peter Bell is the most experienced director on the board, commencing their role in 2020. Independent Director Peter Clausi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Anuncio • Nov 06
Kermode Resources Ltd. Adds Fourth Seat and Appoints Milosz Mielniczuk as Director Kermode Resources Ltd. appointed Milosz Mielniczuk as fourth director. Kermode adds fourth seat to Board and appoints Mr. Milo Mielniczuk. Kermode Resources Ltd. creates a fourth Director on the Board and appoints Mr. Milosz (Milo) Mielniczuk as an independent director effective immediately, subject to regulatory approval. Among other things, Milo has worked as an underground miner for JDS Energy and Mining on New Gold's New Afton Project. In 2022, he worked in copper exploration for Surge Copper Corp. (TSXV:SURG) near Houston, BC. His company Aurum Vena Mineral Resources researches, acquires and explores projects in BC, where he lives and has most of his work experience. Other projects he has worked on include the Spanish Mountain Gold SHV gold deposit in Likely, Ximen Mining Corp.'s Brett Epithermal gold deposit in Vernon, and GGX Gold Corp.'s project in Greenwood. He graduated from UBC with a Bachelor of Science in Earth Sciences in 2012. Mr. Mielniczuk is a passionate geologist and private business owner, that brings with him over a decade of exploration and mining experience. He has proven track record of discovery and innovation in grassroots exploration with successful new discoveries for public companies as well as on private projects. Board Change • Oct 20
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). CEO, President & Director Peter Bell is the most experienced director on the board, commencing their role in 2020. Independent Director Peter Clausi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Anuncio • Oct 13
Kermode Resources Ltd. Appoints Maxime Lepine to the Board of Directors Kermode Resources Ltd. appoints Mr. Maxime Lepine to the board of directors, effective immediately. Mr. Maxime Lepine is an experienced and innovative business person in the natural resources sector of British Columbia, working in a leadership role in the forestry industry for businesses owned by First Nation groups in BC. Since June 2022, Mr. Lepine has worked as forestry manager for Sqomish Forestry LP on behalf of Nch'kay, the development corporation of the Squamish First Nation. Before this, he worked in forestry on Vancouver Island as CEO for Homalco Forestry LP from 2016 to 2019, as Forester for FNFC from 2014 to 2016, and as manager of Iisaak Forest Resources from 2011 to 2013. Mr. Lepine is a graduate of the University of British Columbia with a Bachelor of Applied Science in Forest Resources Management in 2011 and from Camosun College with an Environmental Technology Diploma in 2008. In addition, Mr. Lepine has worked at the Myra Falls mine on Vancouver Island for NVI Mining in the environmental department and mill maintenance. Mr. Lepine is Metis and non-status Huron. Anuncio • Oct 04
Kermode Resources Ltd. Announces Resignation of Francine Long from the Board of Directors Kermode Resources Ltd. announced that Ms. Francine Long has resigned from the Board of Directors, effective immediately. Anuncio • Sep 13
Kermode Resources Ltd., Annual General Meeting, Oct 19, 2022 Kermode Resources Ltd., Annual General Meeting, Oct 19, 2022. Anuncio • Jul 30
Kermode Resources Ltd. Reports Select Surface Sample Results At Grey Copper Mine, Newfoundland Kermode Resources Ltd. reports copper assays for ten surface samples collected at the Grey Copper Mine in Newfoundland as part of due diligence on the property under the letter of intent signed on June 30, 2022. It is uncertain if any such property option deal will be completed. The results were determined by ore grade assay at the Eastern Analytical Ltd. laboratory in Springdale, Newfoundland. Anuncio • Jul 28
Kermode Resources Ltd. Reports 24,438 Grams Silver Per Tonne (G/T Ag) for A Single Sample Collected At Surface At the Rye Patch Silver Mine in Nevada Kermode Resources Ltd. reported 24,438 grams silver per tonne (g/t Ag) for a single sample collected at surface at the Rye Patch Silver Mine in Nevada. This result was determined by fire assay with a gravimetric finish. Initial XRF results were previously reported on May 26, 2022. The sample is not in place. It is a selective grab sample of visually mineralized material found in a dump located next to a small prospect shaft that was heavily overgrown with brush near the southern end of the Alpha patent. The use of square nails and flat-strap iron for the rail line provide archeological evidence to indicate the shaft dates to the 1860s, around the same time as the discovery of the Alpha vein located approximately 240 meters to the north of this sample location. The shaft appears to explore previously unrecognized mineralization on the far side of what was previously interpreted as a bounding fault and the new results indicate the potential to identify extensions of the ultra-high-grade mineralization similar to what is found at the Rye Patch Silver Mine. Kermode continues to renegotiate the proposed terms for the Rye Patch deal and plans to provide an update before September 1, 2022. Anuncio • Jul 09
Kermode Resources Ltd Reports the First Round of Surface Sampling At the Khrysos Gold Project Kermode Resources Ltd. reported the first round of surface sampling at the Khrysos gold project. One selective sample from old stockpiles averaged 6.88 grams of gold per tonne (g/t Au) in a screen fire assay, where the coarse fraction assayed 8.56 g/t Au and the fine fraction was assayed twice at 6.83 and 6.64 g/t Au. A second sample located approximately 280 metres away in an old exploration pit ran 4.16 g/t Au in fire assay. Four additional samples nearby returned nosignificant grade. Anuncio • May 29
Kermode Resources Ltd Reports Assays of Select Samples Up to 20% Antimony At Surface Above A Caved-In Stope At the Green Monster Mine Kermode Resources Ltd. reported assays of select samples up to 20% antimony (20% Sb) at surface above a caved-in stope at the Green Monster Mine, which was subject to limited mining from 1918 through about 1967 for antimony. Similar material sampled 150 metres (m) to the east along azimuth 102.14 degrees returned 4.5% Sb. And another sample collected over 300m further in the same direction returned 1.9% Sb. There is prospective alteration with a sulphide bloom at surface in the area. In addition, there were two samples taken from the immediate area around the crown pillar of the old mine that did not have significant metal. Sample R767 is a channel sample in prospect pit near "blowout of calcite" that had 0.2% Sb and 19 g/t Ag. Then R768 is a random chip at "deflation basin" with 0.0% Sb and 2 g/t Ag. Results from sample R769 include 20.1% Sb and 840 grams silver per tonne (g/T Ag) in a grab sample collected from the remnants of what appears to be the "crown pillar" of the Green Monster mine after the underground mine has caved in. The pillar is visible at surface as a structural feature that shows abundant iron oxides and remnant very fine grained silver steel sulphides, which may be the mineral owyheeite. The rock is mostly clay-altered gabbro with minor quartz breccia. Sample R770 was located approximately 150m to the east of the old crown pillar of the mine at an old backhoe trench along the bottom of a canyon. This trench appears to be have been used to test for an extension of the structure that the Green Monster mine exploited. There is a pile of spoil material from the trench and a random grab sample of iron oxides appeared to contain jamsonite or bindhemite minerals that assayed 4.5% Sb and 539 g/T Ag. Sample R772 was located 300m to the east of the crown pillar of the old mine in a area covering approximately 50 square meters with outcropping and subcropping silicified iron oxides. This area appears to be an extension of the geological structure at the Green mine and as sampled in R770. Rocks in this area are described as having a common sulphide bloom with trace copper oxide minerals and examples of dark grey calcite with black seams and rocks that contain quartz breccia fragments cut by veins of crystalline quartz with gossanous manganese oxides all overprinted by veinlets of banded chalcedony. A random grab in this area returned 1.9% Sb and 129 g/T Ag contains enough grade to pass above the background levels as reported in other samples elsewhere in this news release. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director D. Briggs was the last independent director to join the board, commencing their role in 1995. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Feb 17
Kermode Resources Commences Surveying & Sampling of Green Monster Silver Mine, Nevada Kermode Resources Ltd. reported ongoing work as due diligence under the letter of intent with Gold Range LLC for the high-grade silver project in Nevada called the Rye Patch Project (‘Project’). Results are pending for initial samples collected in underground and surface at the Green Monster, Shomaker and another unnamed mine roughly ½ mile north northeast of the Green Mine here loosely termed the ‘North Mine’. Samples are being analyzed for gold, silver, lead, antimony and other elements at Paragon Geochemical in Sparks, Nevada. Green Antimony Mine: The accessible 4990 level and immediate surface area of the Green antimony mine was scanned with LiDAR and three (3) channels samples ranging from 0.8 to 2.8 metres in length were collected of accessible exposures of visibly mineralized structures. Shomaker Mine: Four (4) underground channel samples were collected from the Shomaker decline and two samples, R760 and R762 were collected from the surface near the Shomaker mine. The Shomaker decline follows a vein from surface for approximately 12 metres down dip, at which point the decline flattens and the first vein is seen to disappear into the sill of the decline. Samples S-01, S-02 and S-03 as well as sample R-762 are of this first vein. Shortly after where the decline flattens, it intersects a second vein structurally above the first and parallel with it. The decline follows this second vein until it disappears into the sill at the present face. Sample S- 03 is taken from this second vein near the face and provides the first indication of multiple parallel veins seen underground at either of the Shomaker or Green mines. North Mine Sampling: Samples R739, R740, R741-1 are from mineralized structures with abundant gossanous iron oxide, bindhemite and jamsonite (antimony oxide minerals) in and near the North Mine. Observed strike of these structures indicates the presence of at least three separate veins with visually similar mineralization. The mineralization at the North Mine, is similar in hand sample to that at the Green and Shomaker Mines, however the North Mine does not appear to be a strike extension of the vein system at the Green and Shomaker Mines. Anuncio • Feb 11
Kermode Resources Ltd. (TSXV:KLM) signed a letter of intent to acquire SEAHORSE SADDLE from SOUTHERN PROSPECTING PTY LTD. Kermode Resources Ltd. (TSXV:KLM) signed a letter of intent to acquire SEAHORSE SADDLE from SOUTHERN PROSPECTING PTY LTD on February 10, 2022. The LOI provides for a due diligence period extending to February 24th, 2022. During this period, Company can elect to enter into a definitive agreement. Anuncio • Feb 10
Kermode Resources Ltd. announced that it has received CAD 0.241315 million in funding On February 9, 2022, Kermode Resources Ltd. closed the transaction. The company issued 9,652,600 units for gross proceeds of CAD 241,315. Finder's fees of CAD 4,000 were paid and 160,000 finder's warrants were issued in connection with the transaction. Each finder's warrant is exercisable at CAD 0.005 for a period of 24 months from the date of issuance. Anuncio • Jan 20
Kermode Resources Ltd. announced that it expects to receive CAD 0.15 million in funding Kermode Resources Ltd. announced a non-brokered private placement of 6,000,000 units at an issue price of CAD 0.025 per unit for gross proceeds of CAD 150,000 on January 19, 2022. Each unit consists of one common share and one warrant. Each warrant entitles the holder to purchase one common share of the company at CAD 0.05 per share for a period of 24 months from the closing of the transaction with no accelerator conditions. Completion of the private placement is subject to acceptance by the TSXV. All shares issued pursuant to the private placement will be subject to resale restrictions under applicable securities. On closing of the transaction company may pay finder’s fees in respect of a portion of the transaction, in accordance with the policies of the TSX Venture Exchange. All securities issued in connection with the transaction will be subject to a four-month and one day hold period under applicable securities laws. Anuncio • Jan 12
Kermode Resources Ltd. Reports Historical Results from Drilling At the Eastgate Gold Project in Nevada Kermode Resources Ltd. reported historical results from drilling at the Eastgate gold project in Nevada that were not previously made public and a conceptual estimate for a disseminated gold system based on this drilling. Hole #3 was collared between the Schweis Mine and the Gold Ledge Mine. It appears to have intersected the down dip projection of the high-grade vein with 4.5m at 1.19g/t Au and 31.3g/t Ag starting at 45.72m depth within a broader zone of anomalous gold mineralization extending from 35.06 to 57.93 meters, which gives another example of disseminated gold around the vein. Hole #5 was drilled more than 340 meters east of hole 1. The company only has assays for the top 36.5 meters and does not have a log of this hole. Importantly 33.5 meters of the top 36.5 meters of this hole contain anomalous gold with the last available interval assaying 0.036g/t gold. The company has no logs or assay data for holes 6 and 7 apparently drilled well to the north and east of the Schweis Mine. Hole #2 appears to be on strike to the south of Schweis Mine, but is situated on the south side of a northwest striking fault. As most of the old mine workings in the area are north of the Schweis Mine, it is possible the vein may be offset by a slip fault or buried under cover to the south. All of the historical work and conclusions described above were carried out by arm's length third parties prior to the enactment of NI43-101. Kermode has no information about the mining or assay methods used, or whether the work was carried out under the supervision of a Qualified Person as that term is defined in NI43-101. These historical records should not be relied upon without further work being carried out at and around Eastgate under the supervision of a Qualified Person. Anuncio • Dec 12
Kermode Resources Ltd Reports Results from Further Lab Testing on Channel Samples Collected at the Eastgate Gold Project in Nevada Kermode Resources Ltd. reported results from further lab testing on channel samples collected at the Eastgate gold project in Nevada. Metallic screen fire assays confirm the presence of high-grade gold and show higher grades than in previously reported results. The Company holds an undivided 15% interest in the Eastgate Project, situated in the Eastgate Mining District, Churchill County, Nevada which covers the historic Eastgate, Double Eagle, Sunny Jim, and Gold Ledge Mines and lesser prospects. All samples reported in this release are channel samples taken by a Registered Professional Geologist with nominal sectional channel dimensions of 3 cm deep by 5 to 6 cm wide over the entire sampled length. All samples are taken as near to normal to the apparent structures as field conditions permitted. All assays were performed at Paragon Laboratories in Sparks, Nevada. Gold (Au) was determined by metallic screen fire assay. Metallic screen analyses use much larger sample sizes than conventional assays and therefore are more representative of the sampled material. Metallic Screen Analyses are particularly useful when coarse free gold is present or suspected. Approximately 1000g of sample material is pulverized to 95% passing 150 mesh (Tyler) and sieved at -150 mesh. The plus and minus fractions are weighed. The entire plus fraction is fire assayed and resultant prill (bead) retained for analysis. The minus fraction is homogenized and two, 30g splits are fire assayed. All three prills are parted and analyzed gravimetrically. Parting Process: Beads are pounded flat to increase surface area, improving parting (selective leaching) and visual identification of any gold present at low concentrations during the parting process. Flattened beads have their silver content selectively digested (dissolved from the gold) in 12.5% nitric acid, followed with 50% nitric acid at 100oC. After the nitric acid leaching, gold flakes are washed in diluted ammonium hydroxide, rinsed, then dried and annealed. Post-acid steps remove any remaining silver that could overstate the gold results. Gravimetric Analysis: Gold for each prill is weighed on a calibrated microbalance to the nearest 0.001 mg. Gold content in PPM (parts per million) is then calculated mathematically from the weight of the plus and minus fractions and the weight of the bead from each fraction. Recent Insider Transactions Derivative • Dec 06
CEO & Director exercised options to buy CA$142k worth of stock. On the 3rd of December, Peter Bell exercised options to buy 6m shares at a strike price of around CA$0.015, costing a total of CA$85k. This transaction amounted to 111% of their direct individual holding at the time of the trade. Since June 2021, Peter's direct individual holding has increased from 5.00m shares to 5.15m. Company insiders have collectively bought CA$91k more than they sold, via options and on-market transactions, in the last 12 months. Board Change • Aug 04
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director D. Briggs was the last independent director to join the board, commencing their role in 1995. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Apr 18
Kermode Resources Ltd. announced that it has received CAD 0.25 million in funding On April 16, 2021, Kermode Resources Ltd. (TSXV:KLM) closed the transaction. The transaction involved participation from insiders subscribed for 12,000,000 shares. 
