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Bullboard - Stock Discussion Forum 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... see more

TSXV:KLM - Post Discussion

Kermode Resources Ltd > Kermode receives Lightning Peak exploration permit
View:
Post by mrsgoldminer on Jul 29, 2024 10:28am

Kermode receives Lightning Peak exploration permit

Kermode receives Lightning Peak exploration permit

 

2024-07-29 10:07 ET - News Release

 

Mr. Peter Bell reports

KERMODE PERMITS LIGHTNING PEAK PROJECT

Kermode Resources Ltd. has received permit approval for exploration at the Lightning Peak project. The permit includes five sites for surface drilling and three sites for trenching or bulk sampling.

Kermode chief executive officer Peter Bell commented: "The plan for this work program includes three phases. The first phase will be surface trenching at known gold occurrences where we perform gravity concentrate testwork on sample material. The second phase will include shallow drilling less than 10 metres with a backpack drill. The third phase will be deeper drilling with a core rig to intercept the target horizon at less than 100-metre depth."

One target area is the Morning showing (082ENE022), which is a past producer. The Morning vein dips 75 degrees west, hosted by a shear zone striking north-south. One of the collapsed shafts exposed a vein where metal rail tracks and machinery were found. Dump material consisted of vuggy, milky quartz with coarse pyrite and other sulphides.

Qualified person

The technical information in this news release has been reviewed and approved by Jacques Houle, PEng, a qualified person responsible for the scientific and technical information contained herein under National Instrument 43-101 standards.

About Kermode Resources Ltd.

Kermode is a junior mining company hunting for exploration opportunities around the world.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.

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