The Mexico Assets
Property Status
A Significant Land Position in an Under-Explored Porphyry DistrictKiska's Mexico portfolio of projects covers some 838km2 of tenure largely located within the Sonora porphyry Cu - Mo belt host to the world class Cananea and La Caridad porphyry deposits. The Kiska projects have excellent potential for the discovery of major ore deposits with a focus on porphyry systems and related breccia style mineralization. Several major international copper producing resource companies including, Grupo Mexico, Teck and Inmet Mining Limited are actively exploring in the District. All nine projects are owned 100% by Kiska Metals Corporation subject to a 2% Nets Smelter Royalty held by Kennecott Exploration Company.
Property Overview
THE PROJECTS
Suaqui Verde - Covers 55km2 of ground adjacent to the Suaqui Verde copper oxide resource on its eastern margin, where an untested 500m by 500m greater than 1000ppm copper soil anomaly covers the possible extension to the resource. On its eastern margin, intense oxide stockworks and potassically altered andesites and quartz monzonites occur over 500m in an east west direction and correspond with a greater than 1000ppm copper soil anomaly. A single hole drilled by Kennecott located a further 200m to the east returned 95m of 0.14% Cu, 0.03g/t Au in strongly potassically altered andesites and monzonites before crossing a fault into post-mineral volcanic rocks. More information > (PDF)Cumobabi - Is a 364km2 property surrounding the past producing Cumobabi porphyry molybdenum +/- copper mine owned by Grupo Mexico, and covering extensive portions of the Cumobabi breccia district. Work conducted by Kiska's predecessor discovered the Potreritos breccia body adjacent to a greater than 10 km2 magnetic and gravity low with associated anomalous copper stream sediment data and clay/iron oxide alteration as interpreted from satellite imagery. This area has seen little systematic exploration including soil sampling and drilling. Drilling highlights from Potreritos include; 26m @ 0.55% Cu & 4 g/t Ag and 9.15m @ 2.65% Cu & 21 g/t Ag. More information > (PDF)
La Palma - This 54km2 project covers a 1km by 600m copper - gold mineralized porphyry system as defined by soil and rock sampling before encountering cover rocks. Drilling in three holes has defined the system over 350m of strike and is open to depth and along strike in both directions. Highlight intersections from both oxide and mixed sulphide-oxide material are; 175m @ 0.1% Cu and 0.1 g/t Au, 187.5m @ 0.14% Cu & 0.1g/t Au and 143m @ 0.16% Cu & 0.12 g/t Au. The high Cu:Au ratio of the mineralization is encouraging for the target. The sulphide core of the system remains largely untested. More information > (PDF)
La Noria - Located in Sinaloa State, covers 184km2 of ground prospective for porphyry and breccia styles of mineralization. Breccia discoveries on the project include Los Laureles, a 750m by 250m quartz tourmaline breccia with highlight drilling results of; 107m @ 0.12% Mo, 0.14% Cu & 11.8g/t Ag and 67m @ 0.08% Mo, 0.36% Cu & 13.9g/t Ag. Porphyry style fracture hosted mineralization, discovered at El Naranjos returned 171m @ 0.1% Cu & 2.2g/t Ag and 83m @ 0.12% Cu & 2.3g/t Ag 385m along strike. The El Tiro soil anomaly is 2.7km by 1.2km at greater than 314ppm copper. Only two rock samples have been collected within the anomaly returning 102 and 450ppm copper. No geophysical surveys or trenching have been undertaken and the anomaly represents an excellent opportunity for new porphyry or breccia discoveries. More information > (PDF)
Cardelena - Is 29km2 and hosts gold silver mineralization in a series of east - west trending oxidized quartz
+/- tourmaline veins peripheral to a breccia body. Mineralization has been defined by trenching and drilling over 600m of strike before encountering cover gravels to the east. Highlight results from drilling include; 27.4m @ 2.04g/t Au & 9.9g/t Ag and 28.26m @ 0.69g/t Au & 6.5 g/t Ag. More information > (PDF)
Batacosa - This 36km2 project covers a mineralized porphyry system defined by a 3km by 1km greater than
300ppm Cu soil anomaly. A total of 25 reverse circulation and diamond drill holes conducted by Teck and Phelps Dodge returned highlight results of; 300m @ 0.1% Cu and 30m @ 0.2% Cu oxide.
San Nicolas & Arroyo Amarillo - Cover 45km2 of ground in a proven Cu - Ag - Mo breccia district. A breccia discovery at La Buffa returned 3.6m @ 0.14% Mo and 16m @ 0.49% Cu & 11.5g/t Ag. Mapped phyllic alteration associated quartz - copper oxide veins hosted in granodiorite extends for greater than 10km2 to the west of the breccia body and has received no systematic exploration for its porphyry copper potential.
El Nilo - Located in Durango State, covers 74km2 of ground immediately adjacent to the El Castillo Gold mine operated by Argonaut Gold Inc. The project boundary is located 1.4km from the open pit and covers the extension of the geophysical signature associated with mineralization. More information > (PDF)
Projects Available for Option
Mexico Project Porfolio -- View > (PDF)
