Kiska Metals Corporation

Kiska Metals Corporation

September 14, 2009 10:46 ET

Kiska Metals Corporation: Drilling Commences at Whistler, Alaska

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 14, 2009) - Kiska Metals Corporation, (TSX VENTURE:KSK), ("Kiska") is pleased to announce that drilling has commenced at the Whistler Project located 150 kilometres northwest of Anchorage Alaska. The program involves testing five regional targets located on the same 448 square kilometre property that hosts the existing resource known as the Whistler deposit.

The drill program is being carried out by Quest American Drilling under the supervision of Kiska's exploration team and constitutes approximately 1500 meters of core-drilling. Targets include:

- Lightning - outcropping quartz veins hosted by diorite porphyry rocks with grab samples including 1.97g/t gold, 184g/t silver, 0.11% copper located approximately 0.9 kilometers southwest of the Whistler Deposit.

- Raintree West - follow-up on the 2008 discovery where the only hole to-date returned 160 metres averaging 0.59g/t gold, 6.02g/t silver, 0.10% copper including 24 meters averaging 1.37g/t gold, 6.32g/t silver and 0.13% copper located 1.5 kilometres east of the Whistler Deposit (previously announced by Geoinformatics Exploration Inc in press-release November 4, 2008).

- Digger - a magnetic anomaly approximately 500 meters in diameter with no outcrop exposure and located approximately 3.5 kilometres southeast of the Whistler Deposit. Soil sampling results at Digger returned anomalous results including 198 parts per million copper - a result comparable to soil sampling over the Whistler Deposit.

- Island Mountain Breccia - a 150 meter diameter intrusive breccia body with grab samples including 1.19g/t gold, 5.2g/t silver and 0.2% copper hosted by diorite porphyry located approximately 23.5 kilometers southwest of the Whistler Deposit.

- Island Mountain Cirque - an extensive outcrop of gossanous monzonite porphyry with grab samples including 4.86g/t gold, 48g/t silver, 2.4% copper, and 0.233% molybdenum located approximately 22 kilometers southwest of the Whistler Deposit.

The program is expected to take four weeks to complete. A further 15 holes are expected to be drilled into regional targets as part of a spring 2010 program and will be targeted on the basis of the current Induced Polarization geophysical survey as well as geological mapping, geochemistry and previously collected airborne magnetic data.

Induced Polarization Survey Update

Kiska is currently undertaking a large 3D and 2D Induced Polarization ("IP") survey for up to 340 line kilometers. The 3D Survey is the larger of the two and is approximately 30% complete. The 2D survey is approximately 50% complete. Both surveys are scheduled for completion by mid-November 2009. IP Geophysics is an electrical geophysical technique that can aid in the identification of sub-surface accumulations of sulphide minerals such as copper-bearing chalcopyrite - a mineral closely associated with gold in this area.

About The Whistler Project

The Whistler Project is located approximately 150 kilometers northwest of Anchorage, Alaska. The Project consists of the Whistler gold-silver-copper resource (refer Appendix 1) as well as over one dozen additional prioritized regional targets.

About Kiska Metals Corp

Kiska Metals Corporation is the recent combination of two international mineral exploration companies, both with renowned technical expertise and sizable exploration portfolios. Bringing Rimfire Minerals Corporation and Geoinformatics Exploration together has created a company which enjoys the benefits of ownership of the multi-million ounce Whistler gold deposit, 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.

Qualified Person Statement

The content of this release has been reviewed and approved by Mark Baknes P. Geo. and Darren Holden (MAusIMM) of Kiska Metals Corporation. Mr. Baknes and Mr. Holden are Qualified Persons as defined under the terms of National Instrument 43-101.

On behalf of Kiska Metals Corporation

Jason Weber, P.Geo., President & CEO

CAUTIONARY STATEMENT: This News Release includes certain "forward-looking statements". Other than statements of historical fact, all statements included in this release, including, without limitation, statements regarding future plans and objectives of Kiska Metals Corporation, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Kiska's expectations are the risks detailed herein and from time to time in the filings made by Kiska Metals Corporation with securities regulators. Those filings can be found on the Internet at and

Mineral Resource Statement for the Whistler Gold Deposit, Alaska Prepared by
SRK Consulting (Canada) Inc, February 2008.

Tonnes and Grades Total Contained Metal
Gold Gold
Resource Tonnage Gold Silver Copper Eq(3) Gold Silver Copper Eq(3)
Category (Mt) (g/t) (g/t) (%) g/t (Moz) (Moz) (Mlb) (Moz)
pit(1)) 30 0.87 2.46 0.24 1.35 0.84 2.37 159 1.31
Indicated 30 0.87 2.46 0.24 1.35 0.84 2.37 159 1.31
pit(1)) 123 0.59 2.07 0.19 0.98 2.33 8.19 515 3.86
ground(2)) 11 1.16 3.55 0.24 1.66 0.41 1.26 58 0.59
Inferred(4) 134 0.64 2.18 0.20 1.05 2.74 9.44 573 4.44
1. Reported within a conceptual pit shell and based at a cut-off grade of
0.3 g/t gold equivalent adjusted for metallurgical recovery.
2. Reported based on an underground bulk mining method using a cut-off grade
of 1.1 g/t gold equivalent adjusted for metallurgical recovery;
3. Total grade and Total Contained Metal gold equivalent grade and ounces
estimated based on equal full recoveries, $550 per ounce gold, $8 per
ounce silver and $1.50 per pound of copper;
4. Totals may vary due to rounding.


No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Contact Information

  • Kiska Metals Corporation
    Patrick Moodie
    (604) 669-6660
    Kiska Metals Corporation
    Jason Weber
    (604) 669-6660
    (604) 669-0898 (FAX)