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     470  0 Kommentare Kiska Provides Update on Exploration Activities, Copper Joe Drilling Program Planned for Summer 2016

    VANCOUVER, BC--(Marketwired - May 31, 2016) - Kiska Metals Corporation ("Kiska" or the "Company") (TSX VENTURE: KSK) is pleased to provide an update on recent activities. "Kiska is excited to be entering this period of renewed interest in the resource sector with over $4 million of cash and marketable securities on hand, active option agreements with top-tier companies, drill-ready projects available for option, and a growing royalty portfolio," stated Grant Ewing, CEO of Kiska; "Kiska's focus is to continue to grow as a leading project and royalty generator by advancing its current projects with partners and generating and/or acquiring high-quality gold-copper projects in the Americas."

    Overview of Kiska's High Quality Portfolio:

    Copper Joe
    Copper Joe is a copper-gold-molybdenum porphyry project in south-central Alaska currently under an option agreement with First Quantum Minerals ("FM"). A magnetotelluric geophysical survey conducted by Kiska and FM in 2015 identified a discrete, 1 km wide conductivity low anomaly that is coincident with an extensive zone of intense phyllic alteration at surface. The core of this anomaly has yet to be tested by drilling, and FM has indicated that it will conduct a drilling program this summer. The specific details of the drilling program will be released upon finalization of the exploration plan.

    Kliyul
    Kliyul is a prospective, early-stage, near-infrastructure gold-copper porphyry project in BC held under an option agreement with Teck Resources Limited ("Teck"). To date, Teck has completed 35 line-kms of IP geophysical surveys, 1908 metres of diamond drilling in four holes, archeological surveys, baseline water quality surveys, and community engagement programs with local First Nation stakeholders for a total expenditure of ~$3 million. The work conducted by Teck has outlined several high priority drill targets which warrant follow-up. Teck has yet to finalize its exploration plans for the project for 2016. Based on the option agreement, Teck must incur an additional ~$1 million in exploration expenditures on the property or make the equivalent cash payment to Kiska prior to January 31, 2017 to maintain the option.

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    Kiska Provides Update on Exploration Activities, Copper Joe Drilling Program Planned for Summer 2016 VANCOUVER, BC--(Marketwired - May 31, 2016) - Kiska Metals Corporation ("Kiska" or the "Company") (TSX VENTURE: KSK) is pleased to provide an update on recent activities. "Kiska is excited to be entering this period of renewed interest in the …