Kermode Resources Ltd. - News

May 27, 2020

Vidette Lake Property Option; Debt Settlement; Private Placement

Kermode Resources Ltd. (KLM -- TSXV) is pleased to announce that it has entered into an option agreement (the "Option Agreement") with Strata GeoData Services Ltd. to acquire a 100% interest in the Vidette Lake gold project in British Columbia. The ...

Dec 31, 2019

Kermode Resources Appoints New Director

Kermode Resources is pleased to announce the appointment of a new director, Mr. Peter Newton Bell. ...

Jan 29, 2018

Kermode to Focus on Eastgate Gold Project in Nevada

Kermode Resources Ltd. (KLM:TSX-V) January 29, 2018 announces the successful completion of a transaction to sell the company's long-held Jackson's Arm Gold Deposit (the "Project") in Newfoundland, Canada. Anaconda Mining Inc. (ANX:TSX) acquired 100% ...

May 25, 2015

Kermode/Boss Eastgate Agreement

Kermode is pleased to announce it has reached agreement to sell part of its interest in its Nevada Eastgate gold project to Boss Power. Under the terms of the agreement, Boss will purchase one-half of Kermode's 30% interest in the property for US...

Jun 23, 2014

Kermode purchases a 30% direct interest in Eastgate Gold Property, Kermode Terminates Demerara Option

Kermode has now made payments under the terms of its Agreement with Blue Ridge Gold LLC, (a private Nevada company) and has purchased a direct 30% interest in the Eastgate Gold Property, Nevada. Kermode can acquire up to a 100% interest in the Eas...

Apr 28, 2014

Kermode Closes Second Unit Eastgate Project Financing

Kermode is pleased to announce that it has closed its $225,000 Second Unit financing with Demerara Gold in accordance with the terms described in Kermode's News Release of April 24, 2014. All securities issued pursuant to this financing are subject ...

Apr 01, 2014

Private Placement; Resignation of Adrian O'Brien as President

Further to Kermode's previous news release, the Company confirms its intention to complete a non-brokered private placement financing for proceeds of $100,000, to be used for general working capital purposes. The Company will issue 2,000,000 shares ...

Nov 15, 2013

Private Placement Financing

Kermode has arranged a private placement financing for proceeds of $100,000. The company will issue 2,000,000 shares to insiders of the company at a price of $0.05 per share, subject to TSX Venture approval. The funds will be used for general work...

Jul 29, 2013

Kermode Closes $400,000 Initial Financing

Kermode Resources Ltd. is pleased to report that as per the Agreement announced June 19th, 2013 and July 10, 2013 between Kermode Resources and Demerara Gold, the initial financing has been increased by $50,000, and is closed. This initial financing ...

Jul 10, 2013

Kermode Updates Demerara Option Terms

Further to its news release of June 19, 2013, Kermode Resources Ltd. (the "Company") announces updated terms to the Option Agreement (the "Agreement") with Demerara Gold Ltd. ("Demerara"). Demerara has the option to acquire between 21% and 76% int...

Jun 19, 2013

Kermode Secures $2.45 Million Financing for Eastgate Gold Project

Kermode Resources Ltd. is pleased to announce that the Company has secured financing to advance its Eastgate Gold Project. Kermode has entered into an agreement with Demerara Gold Corp. for a total investment of up to $2.45 Million. The financing wi...

Feb 06, 2013

Buzz Lake Drilling Completed

Mr. Adrian O'Brien reports: Kermode announces that the Buzz Lake Drill Program announced December 18, 2012 has been completed. This drill program was designed to test an 850 metre long geophysical target, originally drilled by Hudson's Bay Explora...

Dec 18, 2012

Kermode Kicks Off Initial Drill Program on Buzz Lake Gold Project

Mr. Adrian O'Brien reports: Kermode Resources Ltd. has commenced its first ever drill program on the Company's 100% owned Buzz Lake Gold Project located near Snow Lake, Manitoba. Kermode will be drilling a total of between 800 and 1,000 metres on ...

Dec 14, 2012

Kermode Closes $315,000 Financing

Mr. Adrian O'Brien reports: Kermode Resources Ltd. has closed a non-brokered private placement of 6.3 million shares at five cents per share, for gross proceeds of $315,000 as previously announced on December 4th, 2012. The private placement was o...

Dec 04, 2012

Kermode To Raise $300,000 For Working Capital

Mr. Adrian O'Brien reports, Kermode Resources Ltd. is initiating a non-brokered private placement of up to six million shares for gross proceeds of up to $300,000, subject to TSX Venture Exchange approval. Each share will be priced at five cents. ...

May 22, 2012

News Release

Kermode is pleased to announce that further to the Company's News Release dated May 10 2012, crews have now completed staking an additional 70 claims which have been added to Kermode's Eastgate Gold Project, located in Churc...

May 10, 2012

Kermode Acquires High Grade Epithermal Gold-Silver System in Nevada

Kermode Resources Ltd. (TSX.V Symbol - "KLM"), is pleased to announce that the Company has entered into an exclusive Mineral Property Option and Joint Venture Agreement with Blue Ridge Gold LLC ,(a private Nevada company). Kermode can acquire up to ...

Jan 06, 2012

Kermode raises $300,000 for Buzz Lake Gold Project

Kermode Resources Ltd. (TSX.V Symbol - "KLM"), and its Board of Directors are pleased to announce that the Company has completed a non-brokered Private Placement for gross proceeds of $300,000. The Private Placement consisted of 3,700,000 flow-throug...

Sep 15, 2011

Kermode Acquires Buzz Lake Manitoba Gold Project

Kermode Resources Ltd. (TSX.V Symbol -- "KLM"), and its Board of Directors are pleased to announce the acquisition of the Buzz Lake Gold Project which is located in the renowned Snow Lake-Wekusko Region in west central Manitoba. Kermode will issue 1....

Jul 27, 2011

Board Appointment

Kermode Resources Ltd. (TSX.V Symbol - "KLM"), and its Board of Directors are pleased to announce the appointment of Adrian O'Brien to the Board of Directors and President of the company, effective immediately. Mr. O'Brien has acted in various ca...

Sep 11, 2009

Stock Options Granted

Kermode Resources Ltd. has granted 1,128,000 incentive stock options with an exercise price of 10 cents per share to directors, officers and consultants of the company in accordance with its stock option plan. ON BEHALF OF THE BOARD OF DIRECTORS ...

Jul 17, 2009

Board Appointment

Kermode Resources Ltd. has appointed David Matousek to the Board of Directors of Kermode. Mr. Matousek has been actively involved in the junior mining finance sector for over 5 years. He has been a feature presenter at various international mining ev...

Apr 14, 2009

#2009-3

Kermode Resources Ltd is pleased to announce that a National Instrument 43-101 compliant Mineral Resource Estimate has been completed by Mercator Geological Services Limited (Mercator) for Kermode's wholly-owned Jackson's Arm Gold project, loc...

May 30, 2008

Closing of Non-Brokered Private Placement

Kermode Resources is pleased to announce that further to its news release of May 13, 2008, it has closed on its previously announced private placement, raising gross proceeds of $200,000. The Company advises that it issued an aggregate of 2,000,000 s...

May 13, 2008

Non-Brokered Private Placement

Kermode Resources is pleased to announce it has arranged a non-brokered private placement consisting of 2 million shares at $0.10 per share for proceeds of $200,000. Kermode will pay a finder's fee of 6% of funds raised payable either in cash or ...

Nov 23, 2007

Kermode Releases Phase 4 Drill Results and a Drill Summary from Previous Drilling at Jackson's Arm, Newfoundland Gold Project

Kermode Resources is pleased to announce drill results from Phase 4 of its drill program at Jackson's Arm, Newfoundland. Kermode is now completing a drill hole database compilation in order to plan further drilling and to ascertain the potential for ...

Aug 28, 2007

Kermode Drilling High-Priority Zone on Large Gold Property

Kermode Resources is pleased to announce results from the company's ongoing drill program in Jackson's Arm, Newfoundland. The Jackson's Arm gold property is wholly-owned by Kermode Resources and past results on this project have included wide ...

Jun 13, 2007

Kermode Expands Road Zone Drilling With 300 Metre Move to the West

Kermode Resources is pleased to announce drill results from its ongoing drill program in Jackson's Arm, Newfoundland. In addition to drilling 4.7 metres of 4.10 gpt gold and ...

Apr 24, 2007

Excellent Results in Jackson's Arm Continue Including 64.7 Metres of 1.04 gpt gold

Kermode Resources is very pleased to report that drilling on the company's Jackson's Arm gold property continues to produce excellent results. The results include 64.7 metres of 1.04 gpt gold as well as a high grade intersection of 1.1 metr...

Mar 22, 2007

Results Continue to Build Including 23 metres of 1.52 gpt Gold and 20.5 metres of 1.42 gpt Gold

Kermode Resources is pleased to announce results from its ongoing drill program in Jackson's Arm, Newfoundland. Significant results, generated from the property's Road Zone, include 23 metres of 1.52 gpt gold, 20.5 metres of 1.42 gpt gold, ...

Mar 19, 2007

Kermode Resources Begins Trading On The Frankfurt Stock Exchange

News Release #2007-5 Kermode Resources Ltd. shares have commenced trading on the open market (Freiverkehr) of the Frankfurt Stock Exchange under the trading symbol KJ8 (WKN A0MKCK, ISIN No. CA4919021028). The Frankfurt Exchange (Deutsche...

Feb 26, 2007

Another Zone Now Providing Excellent Results in Jackson's Arm Including 50.8 metres of 1.27 gpt gold

News Release #2007-3 Kermode Resources (TSX VENTURE:KLM) is pleased to report that the company has received an...

Jan 19, 2007

Kermode Intersects 6.98 gpt Gold over 3.8 metres

News Release #2007-2 Kermode Resources Ltd. is very pleased to announce an intersection of 6.98 gpt gol...

Jan 15, 2007

News Release

Kermode Resources is pleased to announce the appointment of Mr. Bryan J. Slusarchuk to the company's Board of Directors. Mr. Slusarchuk has significant experience financing companies involved in mineral exploration and development. Previously, Mr....

Nov 14, 2006

Kermode intersects 1.32 g/t Gold over 71.6 metres

Kermode Resources Ltd. is very pleased to announce an intersection of 71.6 metres (estimated approximate true thickness of 50.6 metres) grading 1.32 g/t Au in the newly discovered Apsy Feeder Zone at Jackson's Arm. This is one of an additional 9 dril...

Oct 04, 2006

Kermode cuts 1.36 g/t Gold over 91.2 metres

Kermode Resources Ltd. is very pleased to announce an intersection of 91.2 metres (estimated approximate true thickness of 91 metres) grading 1.36 g/t Au in the newly discovered Apsy Feeder Zone at Jackson's Arm. "I am delighted with these initial...

Sep 13, 2006

Four drillholes cut mineralized structure at Jackson's Arm

Kermode Resources Ltd. is very pleased to announce that Phase 4 of the Jackson's Arm drill program is in progress. To date, four drillholes totaling 614 metres have been completed in Kermode's planned minimum 5,000 metre drill program. The Pha...

Aug 15, 2006

Kermode Awards Jackson's Arm Drill Contract

News Release #2006-9 Kermode Resources Ltd. is pleased to announce that it has awarded a drill contract to Petro Drilling Company Limited of Springdale, Newfoundland, a division of Cabo Drilling Corp. The contract covers a minimum of...

Jul 07, 2006

Kermode Closes $1.7 Million Financing

News Release #2006-8 Kermode Resources Ltd. (the "Company") announces that it has closed on its non-brokered private placement announced on June 26, 2006 and issued 5,483,868 flow-through common shares ("FT Shares") at a price of $0.31 per ...

Apr 26, 2006

Kermode Raises $2.5 million

News Release #2006-2 Kermode Resources is pleased to announce it has arranged a non brokered private placement, subject to TSX approval. Kermode will issue up to 10 million shares at 25 cents for gross procceds of $2.5 million dollars. A fi...

Jan 23, 2006

Kermode Intersects Wide Gold Zones

News Release #2006-1 Kermode Resources Ltd. is pleased to announce that diamond drilling within the Apsy Zone continue...

Nov 07, 2005

Kermode Intersects 31.9 m Grading 1.13 g/t Gold at Jackson's Arm

News Release #2005-6 Kermode Resources Ltd. is pleased to update the Phase 3 Jackson's Arm drill program now in progre...

Sep 14, 2005

Kermode Awards Jackson's Arm Drill Contract

News Release #2005-5 Kermode Resources Ltd. is pleased to announce that it has awarded a drill contract to Lantech Drilling Services Inc. The contract covers a minimum of 3,000 metres in Phase 3 of Kermode's Jackson's Arm drill progr...

Aug 02, 2005

Private Placement Closed

#2005-04 The Company is pleased to announce that it has closed its non-brokered private placement and has issued 5,000,000 units (the "Units") at a price of $0.20 per Unit for gross proceeds of $1,000,000. Each Unit is comprised of one com...

Apr 12, 2005

Kermode Financing

NEWS RELEASE #2005-01 The Company is pleased to announce it has arranged a non-brokered private placement for proceeds of $1,500,000. Subject to TSX approval the company will issue up to 6,000,000 shares at a price of $0.25 per share. A...

Jun 01, 2004

Jackson's Arm Drilling Results

NEWS RELEASE 2004-07 Kermode Resources Ltd. is pleased to announce results from Phase 2 of Kermode's Jackson's Arm drill program that commenced on April 30, 2004. Earlier this year Kermode completed a Phase 1 ten-dri...

May 03, 2004

Jackson's Arm Drilling Underway

News Release #2004-06 Kermode Resources Ltd. is pleased to announce that Phase 2 of Kermode's Jackson's Arm drill program commenced on April 30, 2004. The Phase 2 drill program is designed to test granite-hosted gold-mineralize...

Mar 18, 2004

New Government Geological Reports on Jackson's Arm

#2004-04 Kermode Resources Ltd. is pleased to report that the recently released Newfoundland and Labrador Geological Survey publication Current Research 2004 contains two companion reports covering the Jackson's Arm area. Report 04-1 is available ...

Feb 23, 2004

Kermode Reports Jackson's Arm Drill Results

#2004-03 Kermode Resources Ltd.'s continuing drill program on its Jackson's Arm property in Newfoundland has returned additional results detailed in Table 1. Phase 1 of the drill program was designed to test sediment - hosted gold mineralizatio...

Feb 04, 2004

45 Metres of Continuous Gold Mineralization

#2004-02 An exciting new geological picture has emerged from additional core drilling at the Jackson's Arm, Newfoundland property of Kermode Resources Ltd. Four new drillholes have confirmed and extended the thick, continuously mineralized gold zo...

Jan 12, 2004

Gold in Carlin-Type Setting - Drilling Resumes at Jackson's Arm

#2004-01 - Gold in Carlin-Type Setting - Drilling Resumes at Jackson's Arm Initial results from Kermode's ongoing core drilling program on its Jackson's Arm property in Newfoundland have confirmed the existence of a large gold bearing minerali...

Dec 16, 2003

Jackson's Arm Drilling Begins

#2003-24 Kermode Resources is pleased to announce the initiation of an extensive drill program at its Jackson's Arm, Newfoundland property. Kermode's 1,100 metre phase 1 drill program will test gold indications in sedimentary rocks first discover...

Dec 05, 2003

Kermode Defines Anomalies - Drilling to Start at Jackson's Arm

#2003-23 Kermode Resources is well financed and will be commencing an extensive drill program at its Jackson's Arm, Newfoundland property within the next two weeks. Kermode has now received all results from its follow up geochemical sampling p...

Nov 26, 2003

Private Placements

#2003-22 Kermode Resources is pleased to announce that it has closed the following previously announced non-brokered private placements. The company has issued 2,666,667 flow through common shares at a price of $0.30 per share for total pr...

Nov 19, 2003

Private Placement

#2003-21 The company is pleased to announce that in addition to the previously announced private placements totaling $900,000 the company has arranged a further private placement The terms and conditions of this placement are the same as the previ...

Oct 01, 2003

Kermode Discovers New Gold Indications At Jackson's Arm

#2003-20 - Kermode Discovers New Gold Indications At Jackson's Arm - Twenty Three Targets Selected - Extensive Fall Drill Program Planned Kermode Resources has now received all results from its regional geochemical sampling program at Jacks...

Sep 26, 2003

Non-brokered private placement

Kermode Resources is pleased to announce that in addition to the $750,000 flow-through financing announced September 25, 2003, it has arranged a non-brokered private placement to one placee. The company will issue 545,500 units at a price of $0.275 p...

Sep 25, 2003

Private Placement

#2003-18 Kermode Resources is pleased to announce a non-brokered private placement. The Company will issue 2,500,000 flow-through shares at a price of $0.30 per share for proceeds to the company of $750,000. A finder's fee will be paid. It is anti...

Sep 17, 2003

More Gold for Kermode at Jackson's Arm

Kermode Resources Ltd. has received the results of its regional soil sampling at Jackson's Arm, Newfoundland. These results comprise a portion of Kermode's continuing field program at Jackson's Arm seeking Carlin-type gold mineralization. Results of ...

Aug 27, 2003

17g/t Gold Discovered at Jackson's Arm

#2003-16 - 17g/t Gold Discovered at Jackson's Arm - New High Priority Targets Kermode has received the results of its regional till sampling at Jackson's Arm, Newfoundland. These results comprise the initial portion of Kermode's summer field ...

Jul 29, 2003

Results Of Regional Till Sampling Survey

#2003-15 - Very High Gold Values at Jackson's Arm - Carlin-type Mineralization Suggested - Additional Property Acquired Kermode is pleased to report that the Geological Survey of Newfoundland and Labrador have recently released the results ...

Jul 23, 2003

Jackson's Arm Fieldwork Underway; Carlin-Type Gold Potential Confirmed

Kermode Resources Ltd. is pleased to report that fieldwork has been underway for about two weeks on its Jackson's Arm property in western White Bay, Newfoundland. A five-man crew is carrying out a first phase program of rock and till sampling togeth...

Jul 14, 2003

Kermode Closes Private Placement

The Company announces that it has closed on its private placement of 1,000,000 units (the "Units") @ $0.16 per share for aggregate proceeds of $160,000. The Units were comprised of 500,000 flow-through common shares, 500,000 non-flow-through common s...

Jun 25, 2003

Field Program To Be Initiated at Jackson's Arm

#2003-12 Kermode Resources Ltd. is pleased to announce that the 2003 field program will start at Jackson's Arm, Newfoundland in early July. Compilation of previous data has been completed and six priority areas have been selected as starting poin...

Jun 16, 2003

Amended and Restated replacement financials and reports

The Company announces it has today retracted the following previously filed documents: a. Quarterly financial statements dated January 31, 2003; b. Schedule B Reports to the Company's annual financial statements dated October 31, 2002, and qu...

Jun 09, 2003

Non-Brokered Private Placement

Kermode Resources is pleased to announce, subject to approval by the TSX, that the Company's President and Director, Mr. Donald G. Moore has agreed to a non-brokered private placement, with proceeds to the company of $160,000. The company will issue...

Jun 04, 2003

Report compares Jackson's Arm to Carlin

#2003-09 Kermode Resources Ltd. is pleased to report that Dr. Derek H. C. Wilton has reviewed data from Kermode's Jackson's Arm gold property in western White Bay, Newfoundland and found that the rock-types and general geology at Jackson's Arm ver...

Feb 13, 2003

Private Placement

#2003-03 The Company wishes to announce that it has closed on its private placement of 1,340,000 Units (the "Units") for aggregate proceeds of $201,000. The Units were comprised of 800,332 flow-through common shares, 539,668 non-flow-through comm...

Jan 21, 2003

Non-Brokered Private Placement

The company is pleased to announce that it has arranged a non-brokered private placement, subject to approval by the TSX. Proceeds of $201,000 will be raised by issuing 1,340,000 units at a price of $0.15 per unit. These funds will be used for genera...

Oct 03, 2002

Kermode Expands Jackson's Arm Gold Project

#02-10 Kermode Resources Ltd. has expanded its Jackson's Arm gold project in Western Newfoundland by entering into a property option agreement with Cornerstone Capital Resources Ltd. The agreement gives Kermode the right to earn 100% interest ...

Sep 13, 2002

Kermode Retains Roscoe Postle

Kermode Resources Ltd. is pleased to announce that it has retained Roscoe Postle Associates Inc. to construct a database for all drilling on Kermode's Jackson's Arm project. This database will include the drill hole location, azimuth, dip, down hole...

Jun 12, 2002

Kermode Acquires Advanced Newfoundland Gold Property

#02-07 Kermode Resources Ltd. has successfully negotiated an agreement to earn a 100% interest in the 92 claim (2,300 hectare) Jackson's Arm property from South Coast Ventures subject to a 3% NSR (Kermode can purchase half of this NSR under certai...

Jan 15, 2002

Kermode expands Quebec interests by acquiring ground in Canada's New Diamond District -- The Otish Mountains Area.

NR #02-01 Kermode Resources Ltd. has joined the rush to find diamonds in Canada's latest hot staking spree in the Otish Mountains area of Quebec. The rush was ignited in mid-December by Ashton Mining of Canada's announcement of a significant new ...

Nov 26, 2001

Kermode Resources Ltd. Is Pleased To Welcome Russell D. Birrell to its Board of Directors.

NR#01-19 Kermode Resources Ltd., in its quest to become the foremost junior exploration company for tantalum is pleased to welcome Russell D. Birrell to its Board of Directors. Since graduating with a M.Sc. in geochemistry from the University o...

Nov 06, 2001

Donner Lake Initial Results Positive

#01-18 - DONNER LAKE INITIAL RESULTS POSITIVE - TANTALUM VALUES CONFIRMED - EXPLORATION DIRECTION ESTABLISHED Kermode Resources Ltd. is pleased to report that its preliminary investigation of tantalum-bearing pegmatite occurrences on it...

Sep 20, 2001

Announcement

September 20, 2001 #01-14 No Stock Exchange Has Approved or Disapproved The Information Contained Herein The Company is pleased to announce that it has closed on $302,667.75, being the first tranche of its public offering to raise $525,000 pursuan...

Sep 05, 2001

The Company announces that it has engaged Canaccord Capital Corporation of Vancouver, British Columbia (the "Agent")...

The Company announces that it has engaged Canaccord Capital Corporation of Vancouver, British Columbia (the "Agent"), to assist in carrying out a public offering of up to 1,500,000 units at a price of $0.35 per unit for total proceeds of $525,000 by ...

Aug 27, 2001

Announcement

No Stock Exchange Has Approved or Disapproved The Information Contained Herein The Company announces it has today retracted the following previously filed reports: 1. Schedule B Reports to the Company's quarterly financial statements dated January 31...

Jun 21, 2001

Tantalum Property Acquisition

Kermode Resources Ltd. is pleased to report that it has acquired an option on a highly prospective tantalum property located at Donner Lake 25 kilometres north northwest of Tanco's Bernic Lake Mine in south central Manitoba, Canada's only primary pro...

Jun 19, 2001

Financing

Kermode Resources Ltd. ( the "Company") announces that it has engaged Canaccord Capital Corporation of Vancouver, British Columbia (the "Agent"), to assist in carrying out a public offering of up to 1,500,000 units at a price of $0.35 per unit for to...

May 17, 2001

Kermode Takes Ten More Tantalum Properties

Kermode Resources is pleased to report that it has acquired an option on ten highly prospective tantalum properties in Northwestern Quebec. By a series of staged cash and stock payments (subject to CDNX approval) over the next 3 years of $55,000 and ...

May 01, 2001

Kermode Tackles Tantalum

Kermode Resources is pleased to report that it has acquired an option on a highly prospective tantalum property in Northwestern Ontario. By a series of staged cash payments over the next 4 years of $103,000, the company can acquire 100% interest in t...