Kiska Metals Corporation Project Updates Minerals North Conference, Mackenzie BC May 28, 2015 Kelly Franz, P.Geo Manager, Lands and Corporate Social Responsibility
Cautionary Note This presentation contains forward-looking statements. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding exploration results, potential mineralization, future plans and objectives of the Company and mineral resources) are forward-looking statements. These forwardlooking statements reflect the current expectations or beliefs of the Company based on information currently available to the Company. Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things, uncertainties relating to the availability and costs of financing needed in the future, changes in commodity prices, changes in equity markets, changes to regulations affecting the Company's activities, the uncertainties involved in interpreting exploration results and other geological data and the other risks involved in the mineral exploration industry. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. Qualified Person Statement The content of this presentation has been reviewed by Dr. Michael Roberts, Ph.D., P. Geo., VP Exploration of Kiska Metals. Dr. Roberts is a Qualified Person as defined under the terms of National Instrument 43-101. 2
Kiska Who We Are Mission - To grow Kiska into a sustainable leading prospect generator company that is focused on creating stakeholder value, recognized for its strong team culture and for its commitment to socially and environmentally responsible conduct. We are an 8 person, Vancouver-based mineral exploration company We are publicly listed; our shares trade on the Toronto Venture Stock Exchange (CVE: KSK) We are a Prospect Generator looking for copper and gold deposits o We conceptualize then explore mineral prospects o Often we are involved in early-stage projects We partner our projects with capable companies that work to further develop the project. 3
Explore Partner Innovate 4
Kiska s Projects Kiska has exploration projects in North America, plus royalties and interests in projects around the world. 5
Kiska BC Projects 6
Kiska BC Projects 7
Kliyul Partner: Teck Resources Magnetics - RTP N Kliyul Zone: Evidence for a large system Mag destructive phyllic alteration 8 Looking North
Kliyul Partner: Teck Resources int. (m) Au g/t - Cu% 1: 76.4 1.16 0.33 2: 62.0 1.32 0.25 3: 48.7 1.33 0.31 4: 86.0 0.65 0.29 5: 217.8 0.52 0.23 6: 32.0 0.62 0.21 7: 20.0 1.21 0.14 1 2 3 4 5 6 7 Multi-stage veining and brecciation 9
Redton Project 10
Redton Project Kiska worked a large area of claims in the past but now retains just 8 mineral claims. Reclamation is planned this summer for 2km road, log bridge, and drill sites in an area of formerly drilled claims. BC government holds money that Kiska can recover on successful reclamation. Kiska has a history of working with local landholders and businesses and will look to locally for reclamation work. 11
Chuchi Project 12
Chuchi Project - Opportunity Large Porphyry System: 12 km 2 alteration zone centred on a proven copper-gold porphyry system Excellent Infrastructure: 32 km northwest of the Mt. Milligan mine in north-central BC, significant road-access Proven Targets with Upside: core of BP Zone open in multiple directions; majority of historical drilling targeted edge of system Positive Drill Results: from surface, wide intervals mineralized top to bottom, continuity between holes, terminate in mineralization E.g. 154.0m of 0.22% Cu and 0.20 g/t Au, including 42.0m of 0.44% Cu and 0.41 g/t Au Project missed the last exploration cycle Opportunity to quickly advance the project to resource drilling stage and to make new discoveries KISKA IS LOOKING FOR A PARTNER TO ADVANCE THE PROJECT 13
Property Geology Mineralization centered on cluster of biotite-bearing crowded plagioclase porphyries intruding Witch Lake formation Chuchi crowded porphyry dated at 188.5 +/- 2.5 Ma c.f. (Mt Milligan Southern Star Stock: 182.5 +/- 4.3 Ma) Rio Algom BP Next Slide 14
Chuchi Property - Drillhole Plan Map POSITIVE DRILL RESULTS: From surface, Wide intervals mineralized top to bottom, Continuity between holes, Terminate in mineralization. E.g. 154.0m of 0.22% Cu and 0.20 g/t Au, including 42.0m of 0.44% Cu and 0.41 g/t Au 15
Opportunity at Chuchi: Higher Grades + + + + + + + + What could drive significantly higher grades? Proximity to large stock - yet to be discovered Brecciation and stockwork development in structural zones within or adjacent to large stock yet to be discovered 16
Chuchi - Community Engagement Kiska is going through exploration permitting and is engaging with local communities Proposed IP Permits and Drilling Permits are currently being processed and refined with stakeholders such as landholders, First Nations, and BC Government Kiska has a track-record of early and successful engagement with local communities Local contracting is to the mutual benefit of local people and Kiska. If Kiska secures a project partner, there could be contracting opportunities for accommodation, cook, expediting, brushing, general labor, environmental monitors, road construction, drilling, etc. 17
Chuchi - Summary Large porphyry system Excellent infrastructure Proven targets with upside Positive drill results Opportunity to quickly advance the project to resource drilling stage and to make new discoveries Kiska is looking for a partner to advance the project. 18
Thank-You For Your Time Kiska Metals Corporation 575-510 Burrard Street Vancouver, British Columbia Canada, V6C 3A8 Phone: 604 669 6660 Fax: 604 669 0898 www.kiskametals.com Kelly Franz, P.Geo. Manager, Lands and Corporate Social Responsibility kellyf@kiskametals.com Dan Lui, MSc. Chief Geologist danl@kiskametals.com