Kiska Adds $1.5 Million to Treasury Through Sale of Thorn Property

Kiska Adds $1.5 Million to Treasury Through Sale of Thorn Property 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/27/13 -- Kiska
Metals Corporation (TSX VENTURE:KSK) ("Kiska" or the "Company") is
pleased to report that the Company has completed the sale of its
Thorn Property to Brixton Metals Corporation, for a purchase price of
CDN$1,500,000 in cash and seven million shares of Brixton. Kiska now
holds 7.55 million shares, or 7.7% or Brixton's outstanding shares.  
The sale of the Thorn Property is part of the Company's ongoing
strategy of generating capital and putting this funding to its
portfolio of mineral projects.  
"With Brixton very close to fulfilling its exploration requirements
for the 51% earn-in, this transaction simplifies the ownership of the
Thorn Project. We felt the opportunity to add cash to our treasury in
a non-dilutive manner was prudent considering the market conditions
junior explorers face today," stated Jason Weber, President and CEO
of Kiska Metals. "Brixton has done well to bring in Hecla as a
strategic partner at Thorn and as a significant shareholder we wish
them every success in their continued exploration of the property." 
The 189 square kilometre Thorn Property is located 120 kilometres
northwest of Telegraph Creek, BC. Brixton signed an option agreement
to earn a 51% interest in the Thorn by funding $5 million in
exploration by the end of 2014 ($4.1 million spent to date). At
Kiska's election, Brixton could fund an additional $10 million in
exploration to earn an additional 14% interest (totaling 65%) in the
property. Exploration is targeting high sulphidation epithermal
vein-hosted high-grade copper-gold-silver mineralization and
breccia-hosted high-grade silver and gold mineralization. 
About Kiska Metals Corporation 
Kiska Metals Corporation is a mineral exploration company with a
diverse portfolio of gold and copper projects throughout North
America and Australia. This portfolio is anchored by the Whistler
property, Alaska, a district-scale gold-copper porphyry project with
excellent exploration potential and includes the Whistler Deposit (a
2.25 M oz gold-equivalent indicated resource of 79.2 million tonnes
averaging 0.51 g/t gold, 1.97 g/t silver and 0.17% copper and a 3.35
M oz. gold equivalent inferred resource of 145.8 million tonnes
averaging 0.40 g/t gold, 1.75 g/t silver and 0.15% copper). Kiska has
numerous gold and copper projects available for option-joint venture
as well as an extensive royalty portfolio available for purchase.  
On behalf of Kiska Metals Corporation 
Jason Weber, P.Geo., President & CEO 
CAUTIONARY STATEMENT: No stock exchange, securities commission or
other regulatory authority has approved or disapproved the
information contained herein. This News Release includes certain
"forward-looking statements". Other than statements of historical
fact, all statements included in this release, including, without
limitation, statements regarding future plans and objectives of Kiska
Metals Corporation, are forward-looking statements that involve
various risks and uncertainties. There can be no assurance that such
statements will prove to be accurate, and actual results and future
events could differ materially from those anticipated in such
statements. Important factors that could cause actual results to
differ materially from Kiska's expectations are the risks detailed
herein and from time to time in the filings made by Kiska Metals
Corporation with securities regulators. Those filings can be found on
the Internet at http://www.sedar.com and http://www.sec.gov. 
Contacts:
Kiska Metals Corporation
Candice Ridyard (Investor Relations) or Jason Weber
604.669.6660
604.669.0898 (FAX)
www.kiskametals.com
 
 
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