Goodpaster, Alaska
Property Status
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A New Gold District in North America
- Large, strategically located land position in an emerging gold district.
- 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.
- Strong partner with the vision and the access to capital to effectively advance the Goodpaster District properties.
- 2007 program included drilling of newly defined and existing gold targets on the properties.
Opportunity
Intrusive-related high grade gold vein targets are 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 Pogo gold deposit Teck/Sumitomo 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 selected claims in the vicinity of and adjacent to the Pogo property based on regional geological, geophysical and geochemical similarities to Pogo. Recent gold discoveries in the district and the commencement of gold production at Pogo led Kiska to expand its holdings in this emerging gold belt in late 2005.
