Gold Report - Kiska Metals Corp. TSX.V:KSK

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Kiska Metals Corp.

TICKER: TSX.V:KSK

DESCRIPTION: Kiska Metals Corp. is a mineral exploration company with renowned technical expertise and sizable exploration portfolio including the multi-million ounce Whistler gold deposit in Alaska, numerous exciting early stage exploration opportunities around the world and partnerships with some of the world's largest and most successful gold and base metal producers. Kiska resulted from the merger of Rimfire Minerals Corporation and Geoinformatics Exploration in August 2009.

The Whistler Project covers an area of approx 440km2 within the same geological belt that hosts the world-class Pebble copper/gold porphyry deposit and is one of the largest contiguous claim blocks in Alaska controlled by a junior exploration company. The central Whistler Zone is the most advanced prospect within the project area and has a NI43-101 compliant resource of 1.31 and 4.44 million ounces of gold equivalent in the Indicated and Inferred Resource categories, respectively.
WEBSITE: http://www.kiskametals.com
Corp. Fact Sheet (8/09)

The information below is based on the most recent information we have received from analysts and the companies participating in The Gold Report. We encourage you to visit the company's web site for updates.

So we are comfortable holding and adding to the exploration stocks, on a selective basis, and expect to be adding new recommendations over coming months. Among the stocks on our list, at current price levels, we would look to buy. . .Kiska Metals (KSK, Toronto, 72 cents). . .
- Adrian Day's Global Analyst (02/05/10)

"Kiska Metals' primary focus is its 100%-owned Whistler gold-copper deposit located approximately 160 km northwest of Anchorage, Alaska. Other interests include a consolidated portfolio of gold and copper projects in Alaska, B.C., Nevada, Mexico and Australia.

2009 saw the creation of Kiska Metals through the combination of two international mineral exploration companies: Rimfire Minerals Corporation and Geoinformatics Exploration Inc. Following combination, Kiska commenced a 1,500-metre core-drilling program testing five regional targets located on the same property that hosts the flagship Whistler deposit. Highlights from the drill program included intersections of 106.9m grading 1.22 g/t Au at the Island Mountain target, and 471.6m grading 0.93 g/t Au-Equiv. at the Raintree target.

For 2010, Kiska has outlined a further drill program of 15 holes (5,500m) testing regional targets identified from induced polarization, mapping, geochem and airborne magnetic data. Whistler (5.8 Moz Au-Equiv.) is Kiska's near-term focus, leading up to a potential Kennecott back-in for about $25M in mid-2010. With its comprehensive portfolio of properties in politically safe and mining-friendly jurisdictions, and leadership by the industry-respected Rimfire Minerals exploration team, Kiska is a well-managed company to watch."
-CHRIS THOMPSON, HAYWOOD SECURITIES (01/19/10)

TGR: Are there any new up-and-coming projects that intrigue you?

BC: Another one is Kiska Metals Corporation (TSX-V:KSK). Kiska is the result of a merger of Rimfire Minerals Corporation and Geoinformatics Exploration Inc. (TSX-V:GXL). I'd visited Geoinformatics' Whistler gold-copper porphyry project in Alaska. Quite honestly, it's too small at this time to be worth a lot of money, but it's part of a series of similar intrusive mineralized systems that have never been tested before. Next year they will test a number of other targets that we don't know much about yet. But certainly they're highly prospective, and this is a company I'm watching very closely.
- The Gold Report Interview with Brent Cook (12/22/09)

"In Q4/09 Kiska drilled five holes totaling 1,500 meters at Whistler; approximately 5,500 meters remain of an initial required 7,000 meter drill program as per Kiska's earn-in agreement on the project with Kennecott. The company recently completed IP geophysics (341 line-kilometers) to narrow down the 40+ previously identified area targets. An additional 15 holes are planned to test regional targets in the Whistler corridor as part of a spring 2010 program. The Whistler project is subject to a potential earn-in option with Kennecott. Kennecott has a one-time earn-in option (51-60%) following a trigger program by Kiska that includes completing 341 line-kilometers of IP geophysics and 7,000 metres of drilling.

Recently, Kiska announced the discovery of a new copper-gold mineralized porphyry at the Island Mountain target, located approximately 23 kilometers south of the Whistler copper-gold deposit resource area. The first of two holes completed at Island Mountain in the 2009 drilling program, IM09-001, returned 0.68 g/t Au over 382.9 meters, consisting of an upper interval of 150.0 meters that averaged 0.72 g/t Au, 2.37 g/t Ag and 0.16% Cu and a lower 106.9 meter intersection from 280.0 meters to the end of the hole that averaged 1.22 g/t Au, 0.69 g/t Ag and 0.05% Cu. The Island Mountain area hosts anomalous copper and gold rock and soil geochemistry spanning a 2.5 by 4.0 kilometer area. Surface rock samples have returned values up to 1.19 g/t Au, 5.2 g/t Ag and 0.2% Cu. Drill hole IM09-002 also targeted the Blard Mountain zone and returned 202 metres grading 0.13 g/t Au, 0.18 g/t Ag and 0.05% Cu.

At the Raintree target at Whistler, located approximately 1.5 kilometers east of the Whistler copper-gold deposit resource area, hole WH09-002 ended in mineralization and returned a 471.6 meter intersection from surface grading 0.38 g/t Au, 4.7 g/t Ag, 0.09% Cu, 0.15% Pb, and 0.35% Zn. The Raintree target was discovered in 2008 with a 160 meter intersection grading 0.59 g/t Au, 6.02g/t Ag, 0.10% Cu, 0.20% Pb and 0.46% Zn. . ."
- Junior Mining Weekly (12/23/09)

"Kiska Metals Corp. (TSX-V:KSK) has a number of high-quality gold and base metal exploration projects and a top-notch exploration team."
- The Gold Report Interview with Lawrence Roulston (11/24/09)

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