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Kiska Metals Corp
Symbol KSK
Shares Issued 99,229,398
Close 2011-06-10 C$ 0.72
Market Cap C$ 71,445,167
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Kiska Metals drills 82.6 m of 0.31 g/t Au at Raintree

2011-06-13 06:49 ET - News Release

Mr. Jason Weber reports

SUMMER DRILLING PROGRAM BEGINS, GOLD AND COPPER MINERALIZATION INTERSECTED AT NEW RAINTREE NORTH TARGET, WHISTLER PROJECT, ALASKA

Kiska Metals Corp.'s summer exploration program has commenced at the Whistler project, 160 kilometres northwest of Anchorage, Alaska. It has also released final results from the remaining drill holes from the spring exploration program.

The summer exploration program has now commenced. Initial drill holes at Raintree West will step out to the north, west and south of this new porphyry discovery. A second drill rig will contribute to the Raintree West program, as well as other high-priority targets including Raintree North. Two additional rigs will be dedicated to expanding the Island Mountain deposit where the discovery of a new porphyry gold-copper system was made in 2009 and expanded in 2010. A fifth rig will continue with the highly successful shallow grid drilling program in the Whistler orbit. In total, Kiska plans to complete in excess of 31,000 metres of drilling at the Whistler project in 2011.

Hole WH11-032, at the new Raintree North prospect, 2.2 kilometres northeast of the Whistler deposit, intersected 82.6 metres averaging 0.31 gram per tonne (g/t) gold, 1.1 g/t silver and 0.13 per cent copper. This drill hole targeted gold and copper mineralization encountered in the shallow grid drilling program conducted this spring (see news release dated May 3, 2011). Mineralization was intersected from the bedrock/overburden interface and is associated with moderate to strong high-temperature potassic alteration of Whistler-type diorite porphyry. This drill hole is significant as it validates the shallow grid drilling technique and has identified mineralization that remains open in all directions. Information derived from this drill hole will be used to define vectors to locate higher-grade mineralization. Hole WH11-031, drilled 250 metres east of WH11-032, did not return any significant results.


                    RAINTREE NORTH DRILLING HIGHLIGHTS
                                                                             Gold
                 From        To   Interval     Gold    Silver    Copper      eq.*
Hole              (m)       (m)        (m)    (g/t)     (g/t)       (%)     (g/t)

WH10-032        148.0     228.0       80.0     0.31       1.1      0.14      0.60


* Gold equivalent calculations based on full recoveries and $990 per
ounce gold, $15.40 per ounce silver and $2.91 per pound copper.


"The exploration program at the Whistler project this year is designed to deliver new resources in the near term," stated Jason Weber, president and chief executive officer of Kiska Metals. "Our goal is to double our current gold resource, and we believe the Island Mountain and the Raintree areas have the potential to help meet that goal. We will also continue to drill test other prospective areas as our spring drilling has shown that additional blind discoveries may exist under the glacial till covered Whistler orbit."

Qualified person statement

The content of this release has been reviewed by Mark Baknes, MSc, PGeo, vice-president, exploration, of Kiska Metals. Mr. Baknes is a qualified person as defined under the terms of National Instrument 43-101.

We seek Safe Harbor.

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