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Company Information for Kiska Metals Corporation

TSX.V-KSK

www.kiskametals.com

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TSX.V; KSK

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Company Statement

Kiska Metals Corporation combines two excellent international mineral exploration portfolios, renowned technical expertise, as well as significant financial acumen and capital market experience. The new company enjoys the benefits of ownership of the multi-million oz. 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 producers.

The Whistler Project in Alaska covers an area of approx 527km² within the same geological belt that hosts the world class Pebble copper/gold porphyry deposit and is one of the largest contiguous claim blocks in Alaska controlled by a junior exploration company.

Current Operations

Whistler Project, Alaska
The Whistler Project is located approximately 160 km northwest of Anchorage, Alaska, and is one of the largest group of contiguous mineral claim blocks held by a single company in Alaska, outside of existing mines and mine development projects.

The Whistler Zone hosts a world-class gold-copper-silver resource and is reported in the 43-101 resource technical report filed on SEDAR (www.sedar.com). Considerable additional mineralization has been discovered but has not yet been included in the resource statement.

The Whistler Zone is just one of a cluster of targets and prospects within the 527 sq. km. block of 732 State of Alaska mining claims that make up the Whistler Project. Most of these targets are covered by shallow alluvial sediments and do not have the significant outcrop of the Whistler Zone, but do have comparable geophysical, geological or geochemical signatures.

Barmedman, Australia
The Lachlan Fold Belt is a significant Cu and Au mining district in New South Wales, Australia, which hosts world-class deposits, such as the Cadia Valley porphyry copper-gold mining complex (28.5 Moz gold and 3.8Mt copper). In this proven mining district, discovery opportunities exist in regions of thick overburden cover that as a consequence are significantly underexplored. A Neural Network study of the Lachlan Fold Belt done by BWG Mining on behalf of Rimfire Minerals (now Kiska), integrated a range of geological, geophysical and other spatial datasets to define areas of high mineral potential, including covered areas. The Barmedman area was ranked highly by this study and the exploration license was subsequently acquired and held 100% by Rimfire (now Kiska).

The 388 km2 Barmedman license is located in the western portion of the Lachlan Fold Belt 180 kilometres southwest from the town of Orange, New South Wales. The property sits within an area of regionally-extensive alteration and mineralization, characterized by both high sulfidation and copper-gold porphyry occurrences and deposits. Relative to adjacent ground, the Barmedman area remains underexplored due to a thick cover of transported overburden. In 2008, Rimfire (now Kiska) utilized "deep-seeing" Mobile Metal Ion (MMI) geochemical and geophysical tools to locate potentially buried mineralization. That program identified a 0.5 km by 2.4 km Induced Polarization (IP) chargeability anomaly coincident with MMI geochemical anomalies.

Victoria Gold Fields, Australia

Highlights

The opportunity to explore a highly productive gold belt in a politically stable jurisdiction. Land position encompasses much of the Stawell Corridor.
Victoria Goldfields have been a prolific gold producer for the State of Victoria, Australia, accounting for approximately 75% of the total gold production in the state.
Excellent greenfield exploration opportunities. The exploration model for the corridor has been extensively studied, providing exploration criteria at both the regional and detailed scales. Kiska will have access to Northgate's Stawell Gold Mine (SGM), which anchors Northgate's position in the 240 kilometre-long belt. This access will help build a better understanding of the geological model and improve Kiska's exploration effectiveness.
High quality targets with convincing similarities to SGM exist in the land package being made available to Kiska. Previous work programs were well designed, identifying numerous targets that have yet to be brought to the drill-ready stage, however, insufficient resources were available to the predecessor company to conduct systematic greenfields exploration of the entire land package.
The deal is structured similar to other Kiska/Northgate arrangements in which Kiska undertakes to advance exploration to the point where drill targets are defined, at which time Northgate can take over funding of exploration, earning a larger percentage in the property for doing so.

Gillis, BC
Gold-Silver Discovery near Merritt, British Columbia

Exploration conducted by Rimfire (now Kiska) in the fall 2008 on the Gillis property has resulted in the discovery of precious metal mineralization in an area with no previous MINFILE occurrences and no record of exploration prior to 2005. The exploration work included extensive soil geochemical grid sampling outlining large areas of anomalous gold, silver, arsenic and antimony soil values; the source for most of these anomalies remains to be determined. The strength and extent of the soil geochemical anomalies and the discovery of gold-silver mineralization in three areas despite the challenge of vegetation and shallow overburden cover bodes well for the potential of the property. The property is located 30 km southwest of Merritt, B.C and is accessible by gravel forestry roads.

The Gillis area was targeted by the property vendor in 2005/06 on the basis of two strong gold-in-silt anomalies (12, 22 ppb) on the western side of the Gillis property, published in a federal-provincial Regional Geochemical Survey release. This work conducted by a previous operator included detailed stream sediment sampling and limited reconnaissance soil sampling over the anomalous drainages identified in the government survey. The survey work confirmed and expanded the government anomalies and outlined a multi-element soil anomaly that was left untested. It was on the basis of these soil geochemical anomalies that Rimfire (now Kiska) acquired the property.

Grizzly, BC
The Grizzly Showing is hosted in rocks compositionally similar and thought to be age-equivalent to the Copper Mountain Plutonic Suite associated with mineralization at the Galore Creek copper - gold deposit. A 2006 chip sampling program re-sampled previous trenches and filled in large areas not previously sampled, yielding a 38.0 metre interval of 1.1 g/t gold, 0.74% copper and 3.4 g/t silver in one trench. The exposed dimensions of the Grizzly Showing are approximately 350 metres long by 50 to 100 metres wide. Soil sampling by previous workers indicate this showing is contained within a one square kilometre of anomalous copper, gold and molybdenum results.

Quesnel Trough, BC
Rimfire (now Kiska) has acquired in excess of 330 square kilometres of claims in the Quesnel Trough, central BC, home to the Mt Milligan and Lorraine deposits, and most recently, Serengeti's Kwanika discovery (328 metres of 0.6% copper and 0.7 g/t gold in drilling).

Rimfire's (now Kiska's) claims lie within Geoscience British Columbia's (GBC) Quesnellia Exploration Strategy (Quest) study area, in central British Columbia. In 2007, GBC conducted $5.75 million in regional airborne magnetics, EM and gravity geophysical and ground geochemical surveys.

RDN, BC
Barrick's Eskay Creek mine is Canada's highest-grade gold mine and the world's fifth largest silver producer. Production and reserves total 4.0 million oz gold and 153 million oz silver at a grade of 48.4 g/t (1.4 oz/ton) gold and 2221 g/t (63 oz/ton) silver. Most of the ore lies within stratiform lenses of precious metal-rich sulphides and sulphosalts overlying rhyolite domes in a volcanogenic massive sulphide (VMS) setting. Kiska has no direct or indirect interest in the Eskay Creek Mine.

Tide BC

Highlights

Mineralization identified over an area 1.7 x 3.2 kilometres in size.
Three large soil geochemical anomalies within the mineralized area.
36 Zone discovery in 2004 identified 129.4 metres of 1.0 g/t gold. 2005 drilling expanded the area of known mineralization. Drilling at the 36 Zone has tested less than 5% of the gold-arsenic soil anomaly coincident with this mineralization.
American Creek funded and operated $1.2 million drilling program which was completed in early September of 2007

Thorn BC
The exploration target at the Thorn property is a large epithermal alteration system hosting massive pyrite-enargite-tetrahedrite veins.

In general, these deposits consist of a series of structurally-controlled pyrite-enargite-tetrahedrite veins that vary in width from a few centimetres to 20 metres wide. Alteration consists of strong clay and sericite often surrounding a zone of vuggy silica or strong alunite alteration. A well known example of this type of deposit is the El Indio Deposit in Chile. Production and reserves at El Indio total 23.2 million tonnes averaging 4% copper, 6.6 g/t (0.19 oz/ton) gold and 50 g/t (1.4 oz/ton) silver. El Indio also produced 191,000 tonnes of direct shipping ore that averaged 209 g/t (6.1 oz/ton) gold. Rimfire has no direct or indirect interest in the El Indio Deposit.

Williams Gold, BC
The William's Gold Property (formerly the Bill Property) covers two distinct gold-bearing prospects in north-central British Columbia. The T-Bill Target is a 3 sq. km area of carbonate alteration, highly anomalous gold-arsenic soil geochemistry and gold-bearing quartz-sulphide veining. The GIC (formerly Park) prospect, located 3 kilometres to the north, is a little explored 500 x 900 metre gold-copper soil geochemical anomaly centred on a prominent gossan. These two prospects were discovered independently by major companies conducting regional stream-sediment sampling programs in the early 1980's. In the early 1980's, 15 diamond drill holes were completed at the T-Bill prospect, returning intersections such as 2.0 metres of 35.0 g/t gold, and 4.0 metres 11.0 g/t gold, 1.5 metres of 24.7 g/t gold, and 2.0 metres of 24.8 g/t gold.

Falcon, Redton, BC
Kiska is one of the largest land holders in the prospective northern Quesnel Trough in British Columbia. The company's leading prospect is the Falcon Molybdenum discovery - A signficant grass-roots discovery in this area.

Falcon was discovered in 2007 with two holes on a geophysical target. Both holes hit widespread molybdenum mineralization. In addition to molybdenum the project also contains low-grade copper and rhenium mineralization.

On the same Redton Project, Kiska has several other targets including the Red Zone copper-gold porphyry.

The Redton Project consists of over 1000 sq. km. of mineral exploration claims and adjoins Serengeti Resources' Kwanika discovery.

Colorback, Nevada
Kiska holds the Colorback Project located in the vicinity of the Cortez / Pipeline mine on the Battle Mtn -- Eureka Gold Trend in Nevada. Kiska has confirmed gold in fracture zones in "upper plate" rocks and the target zone at depth is estimated to be between 450 and 600metres.

Boulevard, Yukon
Boulevard Sold to Silver Quest Resources

Prior to the close of the Geoinformatics/Rimfire merger to form Kiska, Rimfire and Northgate sold the Boulevard to Silver Quest Resources. Silverquest can obtain a 100% interest by making staged cash payments totalling $200,000 ($40,000 upon regulatory acceptance), the issuance of an aggregate of 1,000,000 shares (200,000 upon regulatory acceptance) and work commitments of $3,000,000 ($200,000 the first year) over a five year period. Kiska and Northgate retain a 2% net smelter royalty ("NSR") on the property, with Silver Quest having the right to buyback 0.5% of the NSR for $750,000. In addition, should Silver Quest complete a 43-101 compliant resource estimate on the property in excess of 1,000,000 ounces of gold in an indicated category, they will be required to make a one-time bonus payment of an additional 1,000,000 shares of its capital stock to Kiska and Northgate. All cash and share payments are to be split between Kiska and Northgate.

Wernecke Breccias, Yukon

Highlights

23 significant iron-oxide copper-gold (IOCG) +/- uranium, uranium-gold and uranium targets identified.
Three new uranium targets and one uranium-gold target identified in 2006 including the Thunder Mountain Prospect which returned 99.2 g/t gold, 0.57 % U3O8 and 5.1 g/t silver from a float sample.
Claim position quadrupled to 2000 claims among 30 individual properties.
$6 million work program included a 10,000 meter diamond drilling program in 2007.

The Mexico Assets
Kiska'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.

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.

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.

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.

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.

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.

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 Castle Gold. The project boundary is located 1.4km from the open pit and covers the extension of the geophysical signature associated with mineralization.

Geographical Spread

United States (Alaska, Nevada),Canada (BC, Yukon) Australia (New South Wales) and Mexico

Board of Directors and Key Management

Board of Directors
David Caulfield (P.Geo.)	Co-Chairman and Director of Business Development
Jason Weber (P.Geo.)	President, CEO and Director
Rosie Moore	Director
John Kanellitsas	Co-Chairman
Bipin Ghelani	Director
William G. Schur	Director
Mark T. Selby	Director
George Ireland	Director
Geoff Chater	Director

Management
Jason Weber	President and CEO
David A. Caulfield	Chairman and Director of Business Development
Dorothy Miller	Chief Financial Officer
Mark E. Baknes	VP Exploration
Robert A. Duncan	Manager, Exploration
Wesley A.Hodson	GIS Specialist/Geologist
Dan Lui	Project Geologist
Robin McQuinn	Project Geologist

Company Address

1350-650 West Georgia Street
Vancouver, British Columbia, Canada V6B 4N9


Telephone:	(604) 669-6660
Facsimile:	(604) 669-0898
Email:	info[at]kiskametals.com
Website:	http://www.kiskametals.com

Capital

Shares Issued: 65.96 million
Fully Diluted: 79.91 million

Annual General Meeting

June

Year End

January 31

Most Recent Statement

07/07/10 - Drilling Expands Kiska's Gold-Copper Discovery at Island Mountain
28/06/10 - Two New Directors Elected to Kiska Board
15/06/10 - Drilling Resumes at Island Mountain Gold Discovery - Whistler Project, Alaska
09/06/10 - Kiska Metals Signs Two Agreements with Brixton Metals
28/05/10 - Kiska To Acquire Kennecott's Copper Joe Prospect Near Whistler Project, Alaska
27/05/10 - Kiska Metals Closes the Final Tranche of Private Placement

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