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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. Slusarchuk was a Senior Investment Advisor with Canaccord Capital Corporation, a premier Canadian investment dealer. Mr. Slusarchuk has a well-established network of Canadian and international contacts within the finance community. Prior to his career at Canaccord, Mr. Slusarchuk was Project Development Manager for a Canadian natural resource company, furthering his operational understanding of companies within the resource space.

Mr. Slusarchuk states, "I have followed the progress of Kermode Resources in Jackson's Arm for some time and believe that this is a story that has developed relatively unnoticed by the investor public. I believe the company has advanced this property effectively, and I feel it is now a story that should be told to a wider audience. In my opinion, the type of numbers that Kermode has recently generated in Jackson's Arm, such as 1.32 g/t Au over 71.6 metres and 91.2 metres of 1.36 g/t Au, deserve some attention from investors. As a Director, my aim is to effectively and efficiently let institutional and retail investors know about the progress that the geologists and field crew are making on the property as the exploration program continues."

Kermode Resources is conducting an aggressive exploration program in Jackson's Arm, Newfoundland on a large and extensively mineralized gold property. The program has been designed to target and define a large and open-pittable bulk tonnage deposit as well as high grade sedimentary hosted mineralization on the property. Kermode's management and geology team have extensive experience in gold exploration and in the development of high profile mine.

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"D. Neil Briggs"

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