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Kermode Resources Ltd V.KLM

Alternate Symbol(s):  KMDRF

Kermode Resources Ltd. is a Canada-based junior mining company. The Company’s main business is the acquisition, exploration and development of natural resource properties. Its exploration properties include Lucky Strike, Star of the West, Caycuse Copper, Loup Creek, and Santana Mines (LOI). The Lucky Strike property is located in Nitinat, British Columbia and covers an area of approximately 3005 hectares. The Star of the West property is located in Port Alberni, British Columbia and covers an area of 3427 hectares. Its Caycuse Copper property is located in Caycuse, British Columbia and covers an area of 1532 hectares. The Loup Creek property is located 30 kilometers (kms) from Lake Cowichan and is accessible through the Gordon River Main Logging Road. The Santana Mines is located at Quadra Island, British Columbia. The Company also has an option agreement to acquire three properties, namely 911 Knockout, Eastgate BC and Slesse Creek.


TSXV:KLM - Post by User

Post by Newton1234on Dec 20, 2021 2:40pm
223 Views
Post# 34247813

Reply to comment on CEOca

Reply to comment on CEOca Thanks @investorGator. Lots of questions about what's going on here? What am I thinking?

Long story short, I wanted to give Mister Market a chance to see what to expect from me as CEO before we came for first round of financing.

We started with work at Eastgate, but I quickly found that it was fairly slow sending the contractor to a new project for field work. Yes,
#RobertCarrington had been to the Gold Ledge underground when he was 4 or 5 years old and had previously held the claims covering the area but he isn't familiar with the underground workings so there's more time costs to figure out what is accessible before we start getting action from the LiDAR scanning and geochem. Enter the Rye Patch Mine. This is one that Carrington has owned for 40 years and has a good understanding of underground workings, so we've been quicker to generate first rounds of information from field work there. I figured it was important to get these first LiDAR scans of the mine workings out to start showing my plan of attack here. Simply put, I see three phases for work programs on old mines like this: scan old workings; geochem sampling to hunt for high-grade; underground drilling from the face. I look to $SBMI for some inspiration on what that looks like. https://twitter.com/BulletMines/status/1444351948694724612

Lots more to say but I will leave it there for now.
@Newton/my-first-interview-klm-newtondeals @newton/my-first-news-release-klm-newtondeals
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