Goodpaster, Alaska
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Property Status
The Goodpaster Properties, located 65 kilometres northeast of Delta Junction, Alaska consist of four claim groups totaling 73, 640 acres ( 29 801 hectares). The main prospect areas are referred to as the ER, Eagle, Scot, Boundary, Beverly, California-Surf, SE-Surf, and Bou. The ER and Eagle claim groups are subject to a 2 % NSR in favor of AngloGold Ashanti (U.S.A.) Exploration Inc. The California-Surf is subject to a 1.75% NSR in favor of Capstone Mining Corp.The project targets Intrusive-related high grade gold mineralization characterized by thick, high-grade gold-bearing quartz veins. These deposits show a characteristic metal signature of gold-bismuth-arsenic and an association with granitic intrusions. An example of this type of deposit is the Sumitomo Pogo gold district which has a published combined reserve and geological resource totaling 4.5 million contained ounces of gold. Kiska has no direct or indirect interest in the Pogo Deposit.
Kiska strategically selected claims in the vicinity of and adjacent to the Pogo property based on regional geological, geophysical and geochemical similarities to Pogo. Kiska has developed the project ares from conceptual target areas to prospects and robust drill targets. Two areas of drilling in previous years returned high grade gold mineralization in narrow, vertical quartz veins, resembling "halo veins" associated with the ore bodies at Pogo.
At present, Kiska seeks a partner with the vision and the access to capital to effectively advance the Goodpaster District properties.
