Aug 06, 2009
Vancouver, BC -- August 6, 2009: Kiska Metals Corporation (TSX-V:KSK) is pleased to announce that it has commenced trading on the TSX Venture Exchange under the symbol "KSK". Kiska Metals Corporation was formed by the combination of two international mineral exploration companies; Rimfire Minerals Corporation and Geoinformatics Exploration Inc. This combination brings together complementary exploration portfolios and creates a strong team to advance Kiska's flagship project, the Whistler gold-copper project 150 kilometres northwest of Anchorage, Alaska.
Kiska Metals Corporation Highlights
- An exploration company with a NI43-101 compliant resource of 1.31 and 4.44 million gold equivalent ounces in the Indicated and Inferred resource categories, respectively.
- Extensive property portfolio focused on precious metal targets in Alaska, British Columbia, Nevada and Mexico.
- Strong management team skilled in leveraging exploration via strategic partnerships with international mining companies.
- Strong Board of Directors with expertise in capital markets and project advancement.
The Whistler PropertyKiska's assets include the wholly-owned Whistler gold-copper porphyry project which hosts a NI43-101 indicated resource of 1.31 million ounces gold-equivalent and an inferred resource of 4.44 million ounces gold-equivalent in the Whistler Zone (see Appendix 1). The property is located 150 kilometres northwest of Anchorage, Alaska, covers an area of approximately 440km2 and is situated in the same geological belt that hosts the world class Pebble copper-gold porphyry deposit. In addition to the Whistler Zone resource, the property includes multiple targets within 10 kilometres of the Whistler Zone, including the 2008 Raintree West discovery where a single hole to date intersected 160 metres averaging 0.59g/t gold, 0.10% copper and 6.02g/t silver (refer to Geoinformatics press release dated November 4, 2008 for details).
Kiska Metals has 47,600,534 shares issued and outstanding and 51,429,851 shares on a fully-diluted basis. Further information can be found at the Company's website,
www.kiskametals.com. Investors can speak with Jason Weber, President and CEO, or Patrick Moodie, Manager of Corporate Communications at 604-669-6660.
On behalf of Kiska Metals Corporation
