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     345  0 Kommentare Kiska Regains Control of the Kliyul Project

    VANCOUVER, BC--(Marketwired - October 04, 2016) - Kiska Metals Corporation (TSX VENTURE: KSK) ("Kiska" or the "Company") announces that it has regained control of its 100% interest in the Kliyul Project. This is the result of Teck Resources Limited ("Teck") notifying the Company that it is terminating the Kliyul Participation Agreement dated September 30, 2013 ("Agreement"). Under the terms of the Agreement, Teck completed IP geophysical surveys, archeological surveys, baseline water quality surveys, community engagement programs with local First Nations, and ~2,000 metres of diamond drilling in four holes, for a total expenditure of ~$3 million.

    Kliyul is a prospective, early-stage, near-infrastructure gold-copper porphyry project in BC that is 100% owned by Kiska. The Kliyul property is host to multiple porphyry centres over a 4 km-long trend as evidenced by mapped alteration, anomalous surface geochemistry and discrete geophysical anomalies. In addition, proven gold-copper porphyry mineralization has been drilled at the main Kliyul Zone, which remains open to the north, east and southeast and to depth. Discussions with a potential new partner are currently underway, and it is anticipated that there will be several other interested parties.

    "Management believes it is in the best interest of Kiska shareholders to seek continuous advancement of the Kliyul project" stated Grant Ewing, President and CEO of Kiska. "And while it is unfortunate to lose Teck as a partner, Kiska is excited to regain control of the Kliyul project, and is confident that there will be strong interest from other major mining companies." "Kiska would like to thank Teck for the work programs it completed during the Agreement. The work expanded areas of known mineralization at the Kliyul Zone and outlined several other target areas that are prospective for further exploration. In addition, we would also like to acknowledge Teck's commitment to socially and environmentally responsible exploration at Kliyul. Kiska aims to build upon the positive relationships that have been developed with local First Nations and other communities of interest as it advances the project," added Grant Ewing, President and CEO of Kiska.

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    Kiska Regains Control of the Kliyul Project VANCOUVER, BC--(Marketwired - October 04, 2016) - Kiska Metals Corporation (TSX VENTURE: KSK) ("Kiska" or the "Company") announces that it has regained control of its 100% interest in the Kliyul Project. This is the result of Teck Resources Limited …