News Releases

 
Jan 14, 2010
KSK10-01

Vancouver, BC -- January 14, 2010: Kiska Metals Corporation, TSX-V:KSK, ("Kiska") is pleased to report results from wide-spaced surface reconnaissance work conducted as part of the late 2009 program at the Whistler Project, Alaska. Prospecting and mapping of high-priority areas of the 527 km2 property outlined several new areas of gold mineralization, including the Old Man Breccia target, where a continuous ten-metre channel sample returned 7.12 g/t gold.

The Old Man Breccia is located 17 kilometres to the east-southeast of the Whistler Deposit. The late 2009 program on this target comprised a total of 36 channel saw samples, each two metres in length, for an aggregate total of 72 metres that averaged 2.03 g/t gold. Individual trench results include:

  • South Trench: 3.34 g/t gold over 28 metres of continuous channel sampling, including 7.12 g/t gold over a 10 metre sub-interval
  • Northwest Trench: 1.94 g/t gold over 16 metres of continuous channel sampling.
  • Northeast Trench: 0.74 g/t gold over 16 metres of continuous channel sampling, including 0.96 g/t gold over 12 metres.
Samples of breccia mineralization were taken along three converging lines of sampling roughly forming a "Y" pattern transecting the diameter of the breccia as exposed in a creek as well as two isolated two-metre samples (refer to figure on Kiska's website www.kiskametals.com). All samples were collected from continuous channels cut with a rock saw into bedrock exposed along the creek banks. The breccia exposure is roughly circular measuring approximately 25 metres in diameter. It is bound on its southeast side by a fault and obscured by overburden to the southwest. It is comprised of a hydrothermal matrix of white bull quartz with 1-2% pyrite.

"The Old Man Breccia may represent gold mineralization related to an underlying porphyry system or an entirely new style of gold mineralization not previously recognized on the property," stated Mark Baknes, VP Exploration for Kiska. "There has been very little previous work in this area and significant tree and brush cover might obscure additional zones or extensions to outcropping mineralization. Preliminary work on new targets such as the Old Man Breccia and the discovery at Island Mountain in the 2009 drill program demonstrate that completely new and significant areas of mineralization will continue to be revealed on the property, and with further work, may add to the project's resource base."

Limited reconnaissance mapping and prospecting in late 2009 also identified several new target areas. Sampling at the Alger Peak target, located nine kilometers east of the Whistler deposit, returned a peak sample of 3.05 g/t gold coincident with a 300 metre-long section of a reconnaissance soil sample line anomalous in gold and copper. Although this work is preliminary, alteration and mineralization styles observed at Alger Peak bear a strong resemblance to those characterizing the new gold discovery at Island Mountain.

About Kiska Metals Corporation

Kiska Metals Corporation is a mineral exploration company with renowned technical expertise and sizable exploration portfolio including 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. Kiska resulted from the merger of Rimfire Minerals Corporation and Geoinformatics Exploration in August 2009.

Qualified Person Statement

The content of this release has been reviewed and approved by Mark Baknes P. Geo., Vice President of Exploration of Kiska Metals Corporation. Mr. Baknes is a Qualified Person as defined under the terms of National Instrument 43-101. All samples were analysed at Alaska Assay Laboratories in Fairbanks, Alaska.

On behalf of Kiska Metals Corporation

"Jason Weber"

Jason Weber, P.Geo., President & CEO


CAUTIONARY STATEMENT: No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. 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 http://www.sedar.com and http://www.sec.gov/edgar.