Get Alerts FAST, FIRST & FREE
Email:
Login | Sign Up ( Free )

SmallCapPower
Box Score
Daily Stocks on the rise
Junior Resource Stock of the Week (Week of September 06, 2010)
Junior Resource Stock Highlight: Kiska Metals Corp (Symbol: V.KSK)
Company Name: Kiska Metals Corp.
HQ Location: Toronto, Ontario
Company Website: www.kiskametals.com
Shares Outstanding 66.3 Million
Closing Price (Sep 03, 2010) $0.98
Market Cap: $65 Million
Average Daily Volume 290,000
Archive
Junior Resource stock of the week is a weekly feature at smallcappower.com that profiles junior mining stocks including junior gold mining stocks. Visitors discover high potential Canadian mining stock, best gold stocks, small cap energy stocks and junior gold companies through this very popular feature at smallcappower.

Share Highlight / 1-Year Stock Chart

Share Highlight
 
Kiska Metals Corp. - Chart

Business Overview

Kiska Metals Corporation, formerly Geoinformatics Exploration Inc., is a mineral exploration company. Kiska Metals was formed in August 2009, created through the business combination of Rimfire Minerals and Geoinformatics Exploration. Kiska’s portfolio of assets includes its flagship Whistler Project, which is a gold exploration project in Alaska. In addition to Alaska, the Company has properties in British Columbia, Mexico and Australia.
+ More info

What is interesting?

  • Kiska’s key project of interest is the Whistler property in Alaska, which covers 527 square kilometres in an area about 150 kilometres northwest of Anchorage, Alaska.
  • The Whistler project covers an east-west trending copper-gold porphyry belt and is located in an emerging gold-copper porphyry district with high value of gold.
  • The Whistler Property is an advanced exploration project with NI 43-101 compliant resource estimate of 5.75 million oz equivalent of gold.
  • The company has been successful at adding NI 43-101 resources to its resource inventory at a relatively economical cost of US$ 4 per oz. The average in-situ valuation per oz for junior exploration companies ranges from $30 to $120 per oz.
  • The property is surrounded by strong infrastructure and has an on-site 50 men camp.
  • The project has strong exploration potential with many untested targets and has expansion potential at Raintree, a target 1.5m west of the Whistler Property. The Raintree target was discovered in 2008 with a 160 metre intersection.
  • The company is currently engaged in a very extensive drilling program at the Whistler Corridor. It has 2 rigs drilling 11 holes and is testing 10 targets. This type of rigorous drilling program can result in short term exploration catalysts for the company.
  • The company has a strong track record of exploring for gold and has made 4 new gold discoveries at its Whistler Property, which remains its key focus in the near future.
  • A strong management team with experienced professionals managing the exploration and operational activitiess.

Risks

Kiska Metals Corp. is an early stage exploration company. The commercialization risks associated with mineral exploration and development are high and its prospects for discovering economically viable resources are uncertain.  Gold prices can fluctuate and a decline in gold could impact the share price of the company adversely. Early stage exploration companies typically needs significant amount of capital and although well financed, Kiska may still require additional financing. This could result in shareholders’ dilution.


Kiska Metals Corp. News

Ubika Research Disclosure

Copyright

The content on this site may not be reproduced in whole or in part, or further distributed or published or referred to in any manner whatsoever, nor may the information, opinions or conclusions contained in it be referred to without in each case the prior express written consent of Ubika Research, a division of Ubika Corporation.

Disclaimer

Ubika Corporation, its affiliates or its divisions including smallcappower.com are not registered with any financial or securities regulatory authority, and do not provide nor claims to provide investment advice or recommendations to readers of this report. The information in this report is designed to present the opinion of Ubika’s analysts and what they believe to be the objective prospects of the highlighted company.

The highlighted company may enter into a commercial relationship with Ubika Corporation, Investor Cubed or our affiliates for research coverage and capital market services and may pay fees and or shares or stock options or warrants for being mentioned at smallcappower.com. Hence the highlighted company information is an advertisement only and does not and will not constitute an offer to buy or sell securities in the highlighted company.

Was any fee (either in Cash or in Stocks/Options) paid by the company to smallcappower.com or its principal’s Ubika Corporation and/OR Investor Cubed Inc for providing services No
   
Common Stock/Options Ownership in Kiska Metals Corp.  
Analyst(s) No
Analyst’s family members No
Analyst’s firm, their affiliates and/or subsidiaries No
[Know More]
     
Bookmark and Share