Whistler—Kiska's Near-Term Focus

CHRIS THOMPSON, Haywood Securities (01/19/2010)
"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."

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