6-K 1 whistlerresourceestimate17ma.htm TECHNICAL REPORT RESOURCE ESTIMATE UPDATE FOR THE




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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM 6-K

Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934



For the month of May 2011

Commission File Number: 0-31100



KISKA METALS CORPORATION

Suite 575, 510 Burrard Street

Vancouver, B.C. V6C 3A8

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F þ  Form 40-F ¨


Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes  ¨  No  þ


If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):       82-











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Kiska Metals Corporation

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  17 March 2011



1.0














Resource Estimate Update

for the

Whistler Gold Copper Deposit

and

Results of Property Wide Exploration


Yentna Mining District, Alaska


Latitude:  61.983°N  Longitude: 152.566°W











Submitted to:

Kiska Metals Corporation

Suite 1350,

650 West Georgia St.

Vancouver, B.C.  V6B 4N9


17 March 2011



Prepared by:

R.J. Morris, M.Sc., P.Geo.

Moose Mountain Technical Services

bobm@moosemmc.com




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2.0

TABLE OF CONTENTS


1.0

1

2.0

TABLE OF CONTENTS

2

2.1

List of Tables

4

2.2

List of Figures

4

3.0

SUMMARY

6

4.0

INTRODUCTION

12

5.0

RELIANCE ON OTHER EXPERTS

14

6.0

PROPERTY DESCRIPTION AND LOCATION

15

7.0

ACCESSIBLITY, CLIMATE, LOCAL RESOURCES, INFRASTRUCTURE, AND PHYSIOGRAPHY  17

8.0

HISTORY

19

9.0

GEOLOGICAL SETTING

21

9.1

Property Geology

22

10.0

DEPOSIT TYPES

25

11.0

MINERALIZATION

26

11.1

Whistler Deposit

28

11.2

Raintree

33

11.3

Rainmaker

35

11.4

Island Mountain

37

11.5

Muddy Creek

40

12.0

EXPLORATION

43

12.1

Geological Mapping

43

12.2

Airborne Geophysics

43

12.3

Ground Geophysics

44

12.4

Soil and Rock Sampling

45

13.0

DRILLING

48

13.1

Drilling by Cominco Alaska Inc.

48

13.2

Drilling by Kennecott

49

13.3

Drilling by Geoinformatics

49

13.4

Drilling by Kiska

49

13.5

Whistler Deposit

50

13.6

Whistler Area Exploration Drilling

50

13.7

Raintree West

52

13.8

Raintree East

52

13.9

Island Mountain Exploration Drilling

53

14.0

SAMPLING METHOD AND APPROACH

55

15.0

SAMPLE PREPARATION, ANALYSES AND SECURITY

56

16.0

DATA VERIFICATION

61

17.0

ADJACENT PROPERTIES

71

18.0

MINERAL PROCESSING AND METALLURICAL TESTING

72

18.1

Summary of Preliminary Metallurgical Testing, Whistler Deposit

72

18.1.1

Sample Preparation

72

18.1.2

Testing

73

18.1.3

Results from Preliminary Testing

73

18.1.4

Preliminary Conclusions

74

18.2

Summary of Preliminary Metallurgical Testing, Island Mountain Deposit (August 21, 2010)

75

18.2.1

Introduction

75



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18.2.2

Sample Selection

75

18.2.3

Feed Grade

76

18.2.4

Test Program

76

18.2.5

Metallurgical Results

77

18.2.6

Whole Ore Leach

78

18.2.7

Leaching of Selective Flotation Tails

78

18.2.8

Overall Recoveries

78

18.2.9

Conclusions

79

19.0

MINERAL RESOURCE AND MINERAL RESERVE ESTIMATES

80

19.1

Introduction

80

19.2

Assay Data

80

19.3

Compositing

84

19.4

Variography

86

19.5

Block Model Interpolation and Resource Classification

87

19.6

Block Model Validation

87

19.6.1

Comparison of Mean Grades

87

19.6.2

Volume-Variance Correction

88

19.6.3

Swath Plots

89

19.6.4

Visual Validation

93

19.7

Pit Delineated Resource

99

19.8

Comparison with the 2008 Resource Estimate

100

20.0

OTHER RELEVANT DATA AND INFORMATION

101

21.0

INTERPRETATION AND CONCLUSIONS

102

22.0

RECOMMENDATIONS

105

23.0

REFERENCES

109

24.0

DATE AND SIGNATURE PAGE

110

25.0

ADDITIONAL REQUIREMENTS FOR TECHNICAL REPORTS ON DEVELOPMENT PROPERTIES AND PRODUCTION PROPERTIES  116

26.0

ILLUSTRATIONS

117

APPENDIX A – Claims List

118




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2.1

List of Tables


Table 3-1 Summary of Search Parameters for Interpolation and Classification of the Resource

9

Table 3-2 Summary of Pit Delineated Resource, Whistler Deposit

10

Table 12-1 Summary of Exploration on the Whistler Property

43

Table 13-1 Summary of Diamond Drilling on the Whistler Property

48

Table 13-2 Island Mountain Significant Drill Intersections

54

Table 16-1 2010 QA/QC Sampling Program

61

Table 16-2 Summary of Duplicate Samples

64

Table 18-1 Three Stage Cleaning Tests

74

Table 18-2 Summary of Analysis of Composites from IM09-001 and IM09-002

76

Table 18-3 Bulk Flotation Results

77

Table 18-4 Selective Cleaner Flotation

77

Table 18-5 Whole Ore Cyanidation

78

Table 18-6 Cyanidation of Selective Flotation Tailings

78

Table 19-1 Summary Statistics of Assay Data, Mineralized and Non-Mineralized Intervals

82

Table 19-2 Summary Statistics of Assay Data by Domain

84

Table 19-3 Summary Statistics of Composite Data by Domain

84

Table 19-4 Variogram Parameters

86

Table 19-5 Block Model Limits

87

Table 19-6 Search Parameters

87

Table 19-7 Comparison of De-clustered Composite, Kriged, and ID2 Mean Grade Values

88

Table 19-8 Process Recoveries

99

Table 19-9 Economic Inputs

99

Table 19-10 Pit Delineated Resource at Base Case Prices and Costs

100

Table 19-11 Change in LG Pit De-lineated Resource Estimate from SRK 2008 Estimate

100

Table 22-1 Proposed Exploration Budget

108


2.2

List of Figures


Figure 4-1 Location Map

13

Figure 6-1 Tenement Map

16

Figure 9-1 Regional Geology

23

Figure 9-2 Property Geology

24

Figure 11-1 Prospect Areas

27

Figure 11-2 Whistler Gold-Copper Deposit

30

Figure 11-3 Whistler Gold-Copper Sections

31

Figure 11-4 Raintree Prospect Area

34

Figure 11-5 Raintree West Drilling

35

Figure 11-6 Rainmaker Prospect

36

Figure 11-7 Island Mountain Geology and Gold Anomalies

38

Figure 11-8 Island Mountain Drilling

40

Figure 11-9 Muddy Creek Geology and Geochemistry

42

Figure 12-1 Whistler 3D IP Work

45

Figure 12-2 View of the Island Mountain Area

47

Figure 13-1 Whistler Area Drilling

51

Figure 16-1 2007 Blank Samples, Gold

61



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Figure 16-2 2007, Silver Blank Samples

62

Figure 16-3 2007 Blank Samples, Copper

62

Figure 16-4 2008 Blank Samples, Gold

62

Figure 16-5 2008 Blank Samples, Silver

63

Figure 16-6 2008 Blank Samples, Copper

63

Figure 16-7 2010 Blank Samples, Gold

63

Figure 16-8 2010 Blank Samples, Silver

64

Figure 16-9 2010 Blank Samples, Copper

64

Figure 16-10 Duplicate Samples, Gold

65

Figure 16-11 Duplicate Samples, Silver

65

Figure 16-12 Duplicate Samples, Copper

66

Figure 16-13 Standard Sample, OREAS-54Pa, Gold

66

Figure 16-14 Standard Sample, OREAS-54Pa, Copper

67

Figure 16-15 Standard Sample, OREAS-53Pb, Gold

67

Figure 16-16 Standard Sample, OREAS-53Pb, Copper

67

Figure 16-17 Standard Sample, OREAS-52c, Gold

68

Figure 16-18 Standard Sample, OREAS-52c, Copper

68

Figure 19-1 Mineralized Assay Intervals and Domains of the Diorite Solid

81

Figure 19-2 Divide Fault and Domains Modeled from Assay Data Geology

81

Figure 19-3 CPP of Au Assay Data by Domain

83

Figure 19-4 CPP of Cu Assay Data by Domain

83

Figure 19-5 Scatter-plot of Au vs. Cu Grades – Domain 1

85

Figure 19-6 Scatter-plot of Au vs. Cu Grades – Domain 2

85

Figure 19-7 Variogram Model for Au in Domain 1 - Gamma vs. Lag Distance (m)

86

Figure 19-8 Tonnage-Grade Curves for Au – Comparison of Interpolation Methods

88

Figure 19-9 Tonnage-Grade Curves for Cu – Comparison of Interpolation Methods

89

Figure 19-10 Swath Plots of Au Grade

90

Figure 19-11 Swath Plot of Cu Grade

91

Figure 19-12 Swath Plot of Ag Grade

92

Figure 19-13 Section Comparing Au Grades for Block Model and Assay Data

93

Figure 19-14 Section Comparing Cu Grades for Block Model and Assay Data

94

Figure 19-15 Plan Comparing Au Grades for Block Model and Assay Data

95

Figure 19-16 Plan Comparing Cu Grades for Block Model and Assay Data

96

Figure 19-17 Section of the Cu/Au Ratio Indicating Spatial Variability

97

Figure 19-18 Plan of the Cu/Au Ratio Indicating Spatial Variability

98

Figure 22-1 Plan of Au Grade and Drilling at 540m Elevation

105

Figure 22-2 Section of Au Grade and Drilling at 6871110N

106

Figure 22-3 Plan of Average Distance to Composite for Inferred Blocks

107




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3.0

SUMMARY


The Whistler project is a gold-copper exploration project located in the Yentna Mining District of Alaska, approximately 150km northwest of Anchorage.  Moose Mountain Technical Services (MMTS) was commissioned to update the resource estimate for Whistler and to report on the exploration results over the entire property.


The Whistler project comprises 868 State of Alaska mining claims covering an aggregate area of approximately 527km2.  The center of the property is located at 152.566° longitude west and 61.983° latitude north.  The project is located in the drainage of the Skwentna River.  Elevation varies from about 400m above sea level in the valley floors to over 5,000m in the highest peaks resulting in quite a spectacular landscape.  A base camp is established near Rainy Pass, a lodge serviced with a gravel airstrip for wheel-based aircrafts.  The camp is equipped with diesel generators, a satellite communication link and tent structures on wooden floors.  Although chiefly used for summer field programs the camp is winterized.  


The Whistler project is owned by Kiska Metals Corporation (“Kiska”).  Kiska was formed in 2009 by the merger of Geoinformatics Exploration Inc. and Rimfire Minerals Corporation in order to advance exploration on the Whistler property.  The rights to the Whistler property were acquired by Geoinfomatics from Kennecott Exploration (“Kennecott”) in 2007 subject to exploration expenditures totalling a minimum of USD$5.0 million over two years and two underlying agreements.  At this time, Kennecott retained certain back-in rights to acquire up to sixty percent of the project.  


The first underlying agreement is a Mineral Lease Agreement between Mr.  Kent Turner and Kennecott dated July 3, 2003 granting to Kennecott and its successors a renewable 30-year lease on twenty-five unpatented State of Alaska Claims containing the Whistler gold-copper deposit.  In consideration of the lease, Kent Turner is entitled to advance annual royalty payments of USD$50,000 at the anniversary of the agreement and deductible against a certain production royalty.  The agreement also provides for minimum annual exploration expenditures USD$100,000 since February 1, 2006.  


The second underlying agreement is an earlier agreement between Cominco American Incorporated and Mr.  Kent Turner dated October 1, 1999.  This agreement concerns a 2.0% net profit interest held by Cominco American Incorporated in connection with the Turner Claims.  


In June 2009, Geoinformatics and Kennecott defined a legally-binding work program required to trigger Kennecott’s back-in rights over the Whistler property.  The work program called for Geoinformatics to complete defined amounts of geophysics and drilling on several targets within the Whistler project area.  Once the full program was completed, Kennecott would decide on whether to exercise its right to back in or relinquish back-in rights and revert to a royalty.


The program (“Trigger Program”) included:

·

Up to 341 line kilometers of 2D and 3D Induced Polarization geophysics on regional targets.

·

Drilling of a minimum of 20 holes with a minimum depth of 200m per hole, for at least 7000m in aggregate.


The Trigger Program, conducted from July 2009 to July 2010, was supervised by a technical committee comprised of two geoscientists from each of Kiska and Kennecott.  In August of 2010, Kiska delivered a Technical Report to Kennecott summarizing the results of the completed Trigger Program.  In September of 2010, Kennecott informed Kiska that it would not exercise its back-in right on the project and hence



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retained a 2% Net Smelter Royalty on the property.  From this point, Kiska continued to drill and explore the Whistler property for the duration of the 2010 field season, including drilling the Whistler Deposit followed by a new resource estimate, and step-out drilling at the Raintree West and Island Mountain Breccia Zone prospects.


Mineral exploration in the Whistler area was initiated by Cominco Alaska in 1986, and continued through 1989.  During this period, the Whistler and the Island Mountain gold-copper porphyry occurrences were discovered and partially tested by drilling.  In 1990, Cominco’s interest waned and all cores from the Whistler region were donated to the State of Alaska.  The property was allowed to lapse.  


In 1999, Kent Turner staked twenty-five State of Alaska mining claims at Whistler and leased the property to Kennecott.  From 2004 through 2006 Kennecott conducted extensive exploration of Whistler region, including geological mapping, soil, rock and stream sediments sampling, ground induced polarization, the evaluation of the Whistler gold-copper occurrence with fifteen core boreholes (7,948m) and reconnaissance core drilling at other targets in the Whistler region (4,184m).  Over that period Kennecott invested over USD$6.3 million in exploration.  


From 2007 through 2008, Geoinformatics drilled 12 holes for 5,784 metres on the Whistler Deposit and 6 holes for 1,841 metres on other exploration targets in the Whistler area.  Drilling by Geoinformatics on the Whistler deposit was done to infill the deposit to sections spaced at seventy-five metres and to test for the north and south extensions of the deposit.  Exploration drilling by Geoinformatics in the Whistler area targeted geophysical anomalies in the Raintree and Rainmaker areas, using the same basic porphyry exploration model as Kennecott.


Alaskan geology consists of a collage of various terrains that were accreted to the western margin of North America as a result of complex plate interactions through most of the Phanerozoic.  The southernmost Pacific margin is underlain by the Chugach–Prince William composite terrain, a Mesozoic-Cenozoic accretionary prism developed seaward from the Wrangellia composite terrain.  It comprises arc batholiths and associated volcanic rocks of Jurassic, Cretaceous and early Tertiary age.  


The Alaska Range represents a long-lived continental arc characterized by multiple magmatic events ranging in age from about 70 million years (“Ma”) to 30Ma and associated with a wide range of base and precious metals hydrothermal sulphide bearing mineralization.  The geology of Whistler project is characterized by a thick succession of Cretaceous to early Tertiary (ca.  97 to 65Ma) volcano-sedimentary rocks intruded by a diverse suite of plutonic rocks of Jurassic to mid-Tertiary age.


Two main intrusive suites are important in the Whistler project area.  

1)

The Whistler Igneous Suite comprises alkali-calcic basalt-andesite, diorite and monzonite intrusive rocks generally older than 75.5Ma with restricted extrusive equivalent.  These intrusions are commonly associated with gold-copper porphyry-style mineralization (Whistler deposit).  

2)

The Composite Intrusions vary in composition from peridotite to granite and their ages span from 67 to about 64 Ma.  Gold-copper veinlets and pegmatitic occurrences are characteristics of the Composite plutons (e.g. the Mt.  Estelle prospect, the Muddy Creek prospect).  


The Whistler project was acquired by Kiska for its potential to host magmatic hydrothermal gold and copper mineralization.  Magmatic hydrothermal deposits represent a wide clan of mineral deposits formed by the circulation of hydrothermal fluids into fractured rocks and associated with the intrusion of magma into the crust.  Exploration work completed by Kennecott has uncovered several gold-copper sulphide occurrences exhibiting characteristics indicative of magmatic hydrothermal processes and suggesting that the project area is generally highly prospective for porphyry gold-copper deposits.  



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  17 March 2011



The Whistler gold-copper deposit is the most important style of exploration target on the Whistler project.  Drilling by Cominco, Kennecott and Kiska was successful in delineating gold-copper sulphide mineralization associated with at least three diorite porphyry intrusive phases.  The oldest phase exhibits the best gold-copper mineralization, while the third and youngest is typically barren.  On surface, the gold-copper mineralization extends over an area measuring 750m by 250m and from the surface to depths ranging between 200m and 750m.  


Little details are available for the sampling procedures used by Cominco Alaska.  


Kennecott used industry best practices to collect, handle and assay soil, rock and core samples collected during the period 2004-2006.  The procedures are documented in detailed manuals describing all aspects of the exploration data collection and management.  All assay samples were prepared by the Alaska Assay Laboratory, in Fairbanks, Alaska and assayed at either the Alaska Assay Laboratory (2004) or the accredited ALS-Chemex laboratory in Vancouver, British Columbia.  Samples were assayed for gold by conventional fire assay and a suite of elements including the usual metals by aqua regia digestion and inductively coupled plasma atomic emission spectroscopy.  Kennecott used industry best practices quality control measures during its exploration at Whistler.  


Kiska is using the procedures developed by Kennecott for this project.  


MMTS visited the Whistler project September 13 and 14, 2010 while active drilling was ongoing.  The purpose of the site visit was to inspect and ascertain the geological setting of the Whistler project, witness the extent of historical exploration work carried out on the property and assess logistical aspects and other constraints relating to conducting exploration work in this area.  


MMTS conducted a series of routine verifications to ensure the reliability of the electronic data provided by Kiska, and believes the electronic data are reliable.  MMTS visually examined assaying quality control data produced by Kiska and believes these data are reliable for resource estimation.  


The mineral resource model presented herein represents an updated estimate for the Whistler gold-copper deposit.  The first resource estimate was completed by SRK, effective December 31, 2007.  


The Whistler deposit is a structurally controlled porphyry deposit with Au, Cu and Ag as the primary economic metals.  There have been four major intrusive episodes which define the mineralization at Whistler, the earliest, Main Stage Porphyry (MSP), being that of principal mineralization.  A major northwest trending fault (the Divide Fault) is used to segregate the mineralization into two domains prior to grade interpolation.  There is some evidence that lateral offsets of as much as 100m may have occurred along this fault.


Statistical analyses (cumulative probability plots, histograms, classic statistical values) of the assay data are used to confirm the domain selection, to decide if capping is necessary, and to determine the extent of non-mineralized zones within the diorite solid.  Assay data is then composited into 5m intervals, honoring the domain boundaries, with composite statistics also compiled for comparisons.  The composites are then used to create relative variograms for Au, Cu and Ag grades using the MSDA module of the MineSightÒ software, thus establishing rotation and search parameters for the block model interpolation.


Validation of the model is completed by comparison of the block values with de-clustered composite values, with values interpolated by inverse distance, by the use of swath plots, as well by a visual inspection in section and plan across the property.




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Specific gravity values are based on 21 measurements by ALS Chemex to give an average density of 2.72 for ore, and 2.60 for waste.


This resource estimate incorporates the results of 10 previously reported drillholes not included in the 2008 estimate, including five drillholes completed by Kiska in the fall of 2010.  The resource has been interpolated and classified based on variogram modeling using the search parameters as defined below.


Table - Summary of Search Parameters for Interpolation and Classification of the Resource

Search Parameter

Pass 1

Pass 2

Resource Classification

Indicated

Inferred

Search distance

½ Range

Range

Minimum # comps

4

3

Maximum # comps

9

9

Maximum # Comps/Hole

3

2

Max # Comps / Split Quadrant

6

7


Classification is based on the variogram parameters, and restrictions on the number of composites and drillholes used in each pass of the interpolation, as indicated in Table 3-1.  The definition of Indicated and Inferred used to classify the resource is in accordance with that of the CIM Definition Standards (CIM, 2005).


The pit delineated resource is given in Table 3-2, and is the base case resource for the Whistler deposit.  Process recoveries, as well as mining, processing and off site costs have been applied in order to determine that the pit resource has a reasonable prospect of economic extraction.  It uses a $7.50/ton cut-off (approximately 0.3 g/t Au Eq cut-off at the base case prices) and yields an Indicated resource of 79.2M tonnes at 0.51 g/t gold, 0.17% copper and 1.97 g/t silver (2.25 M oz Au Eq) and an Inferred resource of 145.8M tonnes at 0.40 g/t gold, 0.15% copper and 1.75 g/t silver (3.35M oz Au Eq).


The new estimate substantially increases the size of the in-pit Indicated resource with a 164% increase in tonnes and a 68% increase in contained metal by Gold Equivalent ounces relative to the 2008 open pit resource estimate and substantially reduces the strip ratio of the resource from 1.93 to 1.32.  In the Inferred category (open pit), the new estimate reports a 19% increase in tonnes with a 16% decrease in contained Gold Equivalent ounces due to lower grades.  


There is an additional 83 Mt of material above a 0.3 Equivalent Au cutoff that has been interpolated within the model.  This has the potential to become part of the economic pit delineated resource with a change in pit design or economic parameters.




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Table - Summary of Pit Delineated Resource, Whistler Deposit

2011 Whistler Deposit Resource Estimate

 

Tonnes and Grade

Total Contained Metal

 Resource Category

Tonnes (Mt)

Gold (g/t)

Silver (g/t)

Copper (%)

Gold Eq2 g/t

Gold (Moz)

Silver (Moz)

Copper (Mlbs)

Gold Eq3 (Moz)

Open Pit Resource

Indicated1

79.2

0.51

1.97

0.17

0.88

1.28

5.03

302

2.25

Inferred1

145.8

0.40

1.75

0.15

0.73

1.85

8.21

467

3.35

1.  Reported within a conceptual pit shell (45 degree pit slope angle) and based on a cut-off grade of $7.5/t adjusted for metallurgical recovery and offsite costs.

2.  Gold equivalent grade calculation was based on 75 percent recovery for gold and silver; 85 percent recovery for copper; USD$990 per ounce gold, USD$15.40 per ounce silver and USD$2.91 per pound of copper.

3.  Totals may vary due to rounding.


The increase in tonnage and corresponding decrease in grade for the pit-delineated resource is due primarily to two factors.  The 2010 model, incorporating the latest reported drilling, utilized two geological domains (the Whistler Diorite Solid separated in east-west domains by the Divide Fault) whereas the 2008 model utilized grade shells to define the extent of mineralized domains.  The lowest grade shell in the 2008 model was defined at a 0.30 g/t Au Eq cut-off and thus ignored lower grade drillhole data, outside of that shell.  This has the effect of decreasing the tonnage and increasing the grade of the deposit relative to the geological domains utilized in the 2010 estimate.  The second factor affecting the revised resource relates to the drilling completed since the 2008 estimate, which intersected lower grade material than what was predicted by the previous model, particularly on the periphery of the deposit.  This drilling also showed there may be a stronger structural control to mineralization than previously believed.


Kiska management is currently working under the assumption that a 60,000tpd plant operating for 15 to 20 years, with head grades similar to the Whistler deposit Indicated resource, could result in a potentially economic project.  Management is currently of the belief that, with further drilling, exploration targets elsewhere on the property (Whistler Orbit, Island Mountain), may contribute toward this threshold tonnage.  This will be the focus of future exploration programs.


Property-wide exploration drilling has identified three additional areas of porphyry gold-copper mineralization outside of the Whistler deposit (the Raintree and Rainmaker prospects in the Whistler area and the Breccia Zone in the Island Mountain area).  In addition, property-wide airborne magnetic surveys and extensive Induced Polarization ground surveys have identified multiple porphyry exploration targets that warrant drill testing (Round Mountain, Puntilla, Canyon Creek, Snow Ridge, Spur, and Old Man Breccia).  The Muddy Creek area, underlain by the 65Ma Composite Suite of intrusions, is geologically younger that the Whistler area, and represents a prospective area for Intrusion-Related gold mineralization.


The Raintree and Rainmaker prospect areas occur in the Whistler Orbit, a low-lying, glacial-till covered valley floor within a 3 kilometre radius of the Whistler deposit.  Gold-copper mineralization identified in these areas is geologically, texturally and mineralogically similar to the Whistler deposit (A- and B-style veins, potassic alteration of diorite porphyry) and hence may define clusters of similar-style porphyry centres in the Whistler Orbit.  The Raintree West zone is currently the most advanced mineralized zone in this prospect area, with the original discovery hole drilled in 2008 by Geoinformatics, followed by five holes drilled by Kiska in 2009 and 2010.  The discovery hole (RN-08-06), drilled to the east and targeting a 350m wide, north to northeast trending magnetic anomaly, returned 160 metres grading 0.59 g/t gold,



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6.02 g/t silver, 0.10% copper, 0.20% lead, 0.46% zinc.  Further step-out drilling from this zone and elsewhere in the Raintree area is warranted.  The Rainmaker prospect was drilled by Kennecott in 2005 with a vertically-oriented diamond drillhole (05-DD-WH-REC-08) that encountered strong biotite and magnetite altered and silicified diorite porphyry containing thin chalcopyrite-bearing, A-style quartz veins and fine-grained chalcopyrite disseminations from surface (5.77m) to 172 metres.  This entire interval of 166.23m averaged 0.48g/t gold and 0.17% copper.  Untested magnetic and IP anomalies in this area warrant follow-up drilling.


The original target at the Island Mountain Breccia Zone is an exposed 75 metre wide by 210 metre long northeast-trending actinolite-magnetite hydrothermal breccia body hosted by diorite porphyry.  Gold and copper mineralization within the breccia body is associated with chalcopyrite and pyrrhotite disseminations, whereas gold-only mineralization on the eastern flank of the breccia (Lower Zone mineralization) is associated with disseminated pyrrhotite.  In the discovery hole, IM09-001, the breccia body returned 150.0 metres averaging 0.72 ppm gold, 2.37 ppm silver and 0.16% copper from 44.0 to 194.0 metres, while the Lower Zone returned 106.9 metres averaging 1.22 ppm gold, 0.69 ppm silver and 0.05% copper from 280.0 to the 386.9 metres.  Subsequent step-out drilling from 50 metres centres has shown that Au-Cu mineralization is not restricted to the hydrothermal breccia body, but is also associated with an intrusive breccia 100 metres to the northwest that contains strong K-feldspar-biotite alteration with disseminated chalcopyrite (IM10-013).  The association of strong potassic and sodic alteration in both breccia bodies associated with gold and copper mineralization is indicative of the core of a porphyry system.  The potential depth extent of these breccias and the occurrence of untested breccia bodies for 800 metres along strike of the original discovery, warrant further drilling.  Metallurgical processing of samples from Island Mountain show excellent recovery rates and saleable Cu concentrate grades using conventional processing techniques.  The Lower Zone (disseminated Pyrrhotite) composite sample achieved nearly 90% Au recovery through a combination of selective flotation and cyanidation of tailings.  The upper composite sample (Actinolite-Magnetite breccia) achieved 75% Au recovery, further modification and optimization can be expected to greatly improve those results.  Processing infrastructure contemplated at Whistler, including conventional milling and flotation followed by cyanide leaching of tailings, matches what would be required at Island Mountain based on this early test work.


The 2011 Exploration program at Whistler is planned to commence in early March.  Preparations are now underway to mobilize equipment to site via an ice road in anticipation of the March startup.  The intent of this drilling program is to increase our understanding of the size-potential of the three early stage porphyry discoveries (Raintree, Rainmaker and Island Mountain Breccia Zone prospects) and to test, by drilling, for additional porphyry discoveries at the highest priority grassroots targets that exist on the property.



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4.0

INTRODUCTION


Kiska Metals Corporation (Kiska) holds the rights to the Whistler gold-copper property in Alaska.


Moose Mountain Technical Services (MMTS) was retained by Kiska to update the resource estimate for Whistler, to recommend an exploration program for the adjacent targets, and to prepare a Technical Report compliant with NI 43-101 (the Instrument) and Form 43-101F1.


The Whistler gold-copper deposit, with a defined resource, is the most advanced target, while there are numerous additional targets on the property worthy of further exploration.


Kiska has completed two years of exploration on the Whistler property which includes 40 diamond drillholes, 3D IP survey, as well as surface mapping and sampling.  Previous exploration on the property, by Kennecott and Geoinformatics, includes geological mapping, stream sediment sampling, soil sampling, and drilling.


Mr. Robert J.  Morris of MMTS conducted a site visit of the property 13 and 14 September 2010.  During the site visit, sufficient opportunity was available to examine old drill sites, active drilling, rock exposures, as well as conduct a general overview of the property, and the condition of existing project infrastructure.  Based on his experience, qualifications, and review of the site and resulting data, the author, Mr. Morris, is of the opinion that the exploration has been conducted in a professional manner and the quality of data and information produced from the efforts meet or exceed acceptable industry standards.  All of the exploration work has been directed or supervised by individuals who are geologists.


While actively involved in the preparation of the report, MMTS had no direct involvement or responsibility in the collection of the data and information or any role in the execution or direction of the work programs conducted for the project on the property or elsewhere.  Much of the data has undergone thorough scrutiny by project staff as well as certain data verification procedures by MMTS (included in Item 16).


Sources of information are listed in the references, Item 23.



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[whistlerresourceestimate1001.jpg]


Figure - Location Map



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5.0

RELIANCE ON OTHER EXPERTS


Moose Mountain Technical Services (MMTS) prepared this report for Kiska Metals Corporation (Kiska).  The quality of information, conclusions and estimates contained herein are based on industry standards for engineering and evaluation of a mineral project.  The report is based on: i) information available at the time of preparation, ii) data supplied by outside sources, iii) engineering, evaluation, and costing by other technical specialists and iv) the assumptions, conditions and qualifications set forth in this report.


Our report relies heavily on the 2007 SRK report and on work by Kiska geologist Mike Roberts.


This report is intended to be used by Kiska, subject to the terms and conditions of its contract with MMTS.


Parts of this report, relating to the legal aspects of the ownership of the mineral claims, rights granted by the Government of Alaska and environmental and political issues, have been prepared or arranged by Kiska.  While the contents of those parts have been generally reviewed for reasonableness by the author of this report, for inclusion into this report, the information and reports on which they are based has not been fully audited by the author.



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6.0

PROPERTY DESCRIPTION AND LOCATION


The Whistler project is located in the Alaska Range approximately 150km northwest of Anchorage.  The centre of the property is located at 152.57 degrees longitude west and 61.98 degrees latitude north.


The Whistler project comprises 686 State of Alaska mining claims covering an aggregate area of approximately 527km2 in the Yentna Mining District of Alaska.  The property boundaries have not been legally surveyed.


A new all season camp facility has recently been established near the confluence of Portage Creek and the Skwentna River, approximately 15km southeast of the Rainy Pass Hunting Lodge.  The New camp is serviced with a gravel airstrip for wheel-based aircrafts.  The camp is equipped with diesel generators, a satellite communication link and tent structures on wooden floors.  


A full Claims List can be found in Appendix A at the end of this report.




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[whistlerresourceestimate1002.jpg]

Figure - Tenement Map



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7.0

ACCESSIBLITY, CLIMATE, LOCAL RESOURCES, INFRASTRUCTURE, AND PHYSIOGRAPHY


The Whistler project is located in the Alaska Range approximately 160km northwest of Anchorage and 76km west of Skwentna.  Access to the project area is by fixed wing aircraft to a gravel airstrip located adjacent to the Whistler exploration camp.  The camp is equipped with diesel generators, a satellite communication link and tent structures on wooden floors and could be winterized if needed.  


The project is located in the drainage of the Skwentna River that forms a large network of interconnected low-elevation u-shaped valleys cutting through the rugged terrain of the southern Alaska Range.  Elevation varies from about 400m above sea level in the valley floors to over 5,000m in the highest peaks resulting in a quite spectacular landscape.  The Alaska Range is a continuation of the Pacific Coast Mountains extending in an arc across the northern Pacific.  Mount McKinley, North America’s highest peak at 6,194m, is located approximately 130km northeast of the project area.  


The Whistler gold-copper deposit is located approximately 100km west of Petersville which is connected to Anchorage by an all-weather road.  The project is also located approximately 150km north of the Beluga coalfield project and the Tyonek gas power station on the Cook Inlet coast.  


The vegetation in the Whistler region is quite variable.  The valley floors and lower slopes are usually characterized by dense vegetation giving way above about 750m elevation to dense bushy scrubs rendering ground access difficult.  At higher elevations, vegetation is absent and active glaciers with terminal and lateral moraines are present.  The timber line is located at elevations varying between 800m to 1,100m.  Bedrock exposures within the project area are scarce except at elevations above 1,000m and along incised drainage.  


The project area is between regions of maritime and continental climate and is characterized by severe winters and hot, dry summers.  The maritime climatic influence provides for dry, mild and temperate summers.  Fog and low clouds are common in mid summer and fall especially around higher elevation areas.  Average summer temperatures range between 5° and 20°C, whereas winter temperatures range from -15° to -5°C.  Occasionally, arctic cold fronts will propagate across the Alaska Range from the interior, causing cold dry air to seep into the watershed.  These infrequent stationary high pressure systems can lead to clear days with temperatures dropping to a low of -35°C during the winter.  Strong winds persist during the winter months.  Annual precipitation ranges from 500 to 900mm.  Winter snow accumulation usually begins in October and by mid to late May the snow has melted sufficiently to allow for fieldwork.



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Photo 7-1 shows the drill on drillhole 10-23 (the white speck left of photo centre), looking to the northwest, while photo 7-2 is a view to the northeast toward Rainy Pass.


[whistlerresourceestimate1003.jpg]

Photo 7-1

Whistler, View to the Northwest


[whistlerresourceestimate1004.jpg]

Photo 7-2

Whistler, View to the Southeast



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8.0

HISTORY


During the late 1960s, regional mapping and geochemical sampling by the United States Geological Survey (USGS) identified several base and precious metal occurrences over a very large area in the southern Alaska Range including southern portions of the Whistler project area.  


Following the results of that work, limited exploration was conducted in the area during the 1960s and 1980s.  Falconbridge (or their operator St. Eugene) was involved in the nearby Stoney Vein in the late 1960s.  A local prospector, Arne Murto (deceased), was active in the Long Lake Hills area from at least 1964 and AMAX staked at least four claims over the Lower Discovery showing at Mount Estelle (circa 1982).


Mineral exploration in the Whistler area was initiated by Cominco Alaska in 1986 and continued through 1989.  During this period, the Whistler and the Island Mountain gold-copper porphyry occurrences were discovered and partially tested by drilling.  In 1990, Cominco’s interest waned and all cores from the Whistler region were donated to the State of Alaska.  The property was allowed to lapse.  


In 1999, Kent Turner staked twenty-five State of Alaska mining claims at Whistler and leased the property to Kennecott.  From 2004 through 2006 Kennecott conducted extensive exploration of the Whistler region, including geological mapping, soil, rock and stream sediments sampling, ground induced polarization and they conducted an evaluation of the Whistler gold-copper occurrence with fifteen core boreholes (7,948m) and reconnaissance core drilling at other targets in the Whistler region (4,184m).  Over that period, Kennecott invested over USD$6.3 million in exploration.  


In June 2007, Geoinformatics Exploration Inc. (“Geoinformatics”) announced the conditional acquisition of the Whistler project as part of a strategic alliance with Kennecott Exploration Company (“Kennecott”).  Between July and October 2007, Geoinformatics drilled seven core boreholes (3,321m) to infill the deposit to sections spaced at seventy-five metres and to test for the north and south extensions of the deposit.


In August 2009, Geoinformatics acquired Rimfire Minerals Corporation and changed its name to Kiska Metals Corporation (“Kiska”).  In 2009 and 2010, Kiska completed three phases of exploration on the property to fulfill the terms of the Standardization of Back-In Rights (“SOBIR”) Agreement between Kennecott Exploration Company and Kiska Metals Corporation.


In total, Kiska completed 224 line-km of 3D induced polarization (IP) geophysics, 40 line-km of 2D IP geophysics, 327 line-km of cut-line, geological mapping on the 3D IP grid, detailed mapping of significant Au-Cu prospects, collection of 109 rock samples and 61 soil samples, 8,660m of diamond drilling from 23 drillholes (all greater than 200 metres in total length), petrographic analysis of mineralization at Island Mountain, a preliminary review of metallurgy at the Whistler Resource, and metallurgical testing of mineralization from the Discovery Breccia at Island Mountain.  This program was executed by Kiska geologists, independent geologists and multiple contractors, under the supervision of Kiska personnel.  All aspects of the exploration program were designed and monitored by a Technical Committee comprised of two Kennecott employees and two Kiska employees.  In August of 2010, Kiska delivered a Technical Report to Kennecott summarizing the results of the completed Trigger Program.  In September of 2010, Kennecott informed Kiska that it would not exercise its back-in right on the project and hence retained a 2% Net Smelter Royalty on the property.  From this point, Kiska continued to drill and explore the Whistler property for the duration of the 2010 field season, including drilling the Whistler



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Deposit followed by a new resource estimate, and step-out drilling at the Raintree West and the Island Mountain Discovery Breccia prospects.


[whistlerresourceestimate1005.jpg]

Photo 8-1

Whistler, Discovery Outcrop


[whistlerresourceestimate1006.jpg]

Photo 8-2

Whistler, Discovery Drillhole, WH-01



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9.0

GEOLOGICAL SETTING


Alaskan geology consists of a collage of various terrains that were accreted to the western margin of North America as a result of complex plate interactions through most of the Phanerozoic.  The southern-most Pacific margin is underlain by the Chugach–Prince William composite terrain, a Mesozoic-Cenozoic accretionary prism developed seaward from the Wrangellia composite terrain.  It comprises arc batholiths and associated volcanic rocks of Jurassic, Cretaceous and early Tertiary age.


The Whistler project is located in the central west portion of the Alaska Range, a crescent-shaped orogen extending between Anchorage and Fairbanks along the Pacific Coast Mountains in southern Alaska.  


The regional geology of the area is characterized by thick accumulation of clastic sedimentary rocks, lesser volcanic rocks and minor chemical sedimentary rocks that are believed to have accumulated within a basin that existed along the southern margin of Alaska.  


During the Cretaceous, the exotic Wrangellia Terrain was accreted against continental Alaska, squeezing the basin between the continent and the accreting terrain.  During this period, Alaska began rotating counter clockwise as part of the development of the dextral Denali and Tintina Fault systems, to form the present-day broad physiographic arc of central and southern Alaska.  As a result of accretion and rotation, the volcano-sedimentary rocks have undergone complex deformation and were intruded by a wide range of magmatic rocks of various age and composition.  


The Alaska Range represents a long-lived continental arc characterized by multiple magmatic events ranging in age from about 70 to 30Ma and associated with a wide range of base and precious metal hydrothermal, sulphide­-bearing mineralization.  The geology of Whistler project is characterized by a thick succession of Cretaceous to early Tertiary (ca.  97 to 65Ma) volcano-sedimentary rocks intruded by a diverse suite of plutonic rocks of Jurassic to mid-Tertiary age.  


The regional and property geology of the Whistler area is well documented and described in detail by Young (2005) and Franklin (2007).  The Whistler Property is largely underlain by a sequence of Jura-Cretaceous flysch sediments belonging to the Kahiltna terrain.  This terrain was accreted to the Ancestral North American craton from the Middle Jurassic to the mid-Cretaceous and underwent ductile to brittle deformation and multiple episodes of magmatism from the Cretaceous through to the Tertiary.


The bulk of the Whistler property is comprised of these flysch sediments, which commonly have north to northeast striking and steeply dipping bedding surfaces due to compression deformation that resulted in chevron-style folding.  These sediments were intruded by a variety of dioritic to monzonitic dykes, sills and stocks referred to as the Whistler Intrusive Suite (WIS).  Many of these dykes and sills are magnetic and are mapped under glacial cover on the basis of airborne magnetic anomalies.  These diorites have a strong north-northwest orientation that is sub-parallel to the regional-scale Alger Peak structural corridor, and suggests a causal relationship.  The Whistler Au-Cu porphyry deposit is hosted by a similarly-oriented multi-phase diorite stock.  An Ar-Ar hornblende age date from a diorite porphyry located adjacent to the Whistler deposit returned an age of 75 ± 0.3Ma.  The property is covered by “extrusive andesite”.  These volcanic and volcaniclastic rocks are interpreted to be the extrusive equivalent of the Whistler Intrusive Suite, and further suggest that the Alger Peak structural corridor was the focus of a volcano-plutonic complex.  Interpretation of airborne magnetic data suggests that much of the property is underlain by a mafic batholith and that the porphyry dykes, sills and stocks represent high level intrusions fed by this batholith.  If this interpretation is correct, then the property has the potential to host clusters of



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Whistler-like mineralization as is commonly seen in other porphyry copper districts (e.g. Cadia, Yerrington).


Currently, there are several aspects of the geology that are poorly understood and have possible implications for exploration:

1)

The structural and geological relationship between the deformed flysch sediments and the extrusive andesites (i.e.  the degree of deformation of the diorites/andesites and the structural modification of potential mineralization), and,

2)

The extent of extrusive andesites under cover.  


Further mapping and drilling in the Whistler Orbit may aid in answering these questions.

9.1

Property Geology

The geology of the Whistler project has been described by Young (2004 and 2005), Franklin (2005 and 2007) and Franklin et al.  (2006).  


The geology of the Whistler project area is characterized by a thick succession of Cretaceous to early Tertiary (ca.  97 to 65Ma) volcano-sedimentary rocks intruded by a diverse suite of plutonic rocks of Jurassic to mid-Tertiary age.  


The layered rock units are subdivided into four major stratigraphic sub-units (Young, 2005).  The lowest most rock unit comprises a thick package (several kilometres in thickness) of marine greywacke-sandstone forming a southwest-northeast belt extending across the project area.  The sequence comprises dark sandstone interbedded with argillite, siltstone, lithic wacke, carbonate, conglomerate and minor mafic volcanic rock.  This unit was sub-divided into three sub-units (lower, middle and upper) representing a marine regressive sequence with the upper sub-unit deposited within a deltaic environment.  The proportion of mafic volcanic rock increases up section.  


The lower greywacke-sandstone rocks are overlain by a tabular sandstone unit in the south and by a distinctive feldspathic sandstone unit in the northern part of the project area.  Both units differ from the underlying greywacke sandstone unit by the larger proportion of sandstone relative to argillite and by the lighter colouration of the feldspathic sandstone.  The clastic sedimentary sequence is capped by a succession of sub-aqueous mafic volcanic rocks, associated volcaniclastic rocks and intercalated with minor argillite.  


The volcano-sedimentary units are intruded by a wide range of plutonic rocks of differing age and composition and distributed along distinctive belts across the Alaska Range.  Five main intrusive suites are important in the Whistler project area.  From oldest to youngest these are:


The Whistler Igneous Suite comprises alkali-calcic to nepheline-normative basalt-andesite, diorite and monzonite intrusive rocks with restricted extrusive equivalent.  They are generally older than 75.5Ma.  These intrusions are commonly associated with gold-copper porphyry-style mineralization characterized by low arsenic and low antimony.  


The Summit Lake, Kichatna and Hartman River Intrusions (74 to 61Ma) are calc-alkalic granodiorite to diorite intrusions, locally alkalic occurring northeast of the Whistler region.  These intrusions are generally auriferous and hydrothermal mineralization is commonly arsenical.  


The Composite Intrusions (e.g.  Mount Estelle) are a belt of composite intrusions forming mega-dike bodies extending over 150 kilometres in an en-echelon fashion on the west side of the Whistler project,



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roughly sub-parallel to the general trend of the volcano-sedimentary units.  South of the Happy Valley, the belt cuts across the stratigraphy along a southerly trend.  The intrusions vary in composition from peridotite to granite and their ages span from 67 to about 64Ma.  When fully exposed, the stocks form concentric composite plutons with an alkalic to calc-alkalic monzonite core and an ultramafic outer rim.  They are typically enriched in gold.  It is speculated that these intrusions have calc-alkalic lamprophyre parent magma but have undergone extensive crustal assimilation.  Gold-copper veinlets and pegmatitic occurrences are characteristics of the Composite plutons.  Arsenic and antimony are commonly associated with the hydrothermal gold-copper mineralization.  


The Crystal Creek Intrusions form a suite of calc-alkalic granite and granite porphyry intrusions with extrusive rhyolite ranging in age from 61 to 65Ma.  Andesite and diorite rocks may represent higher level or border phases of this intrusive suite.  These plutons are mostly distributed to the south and east of the Whistler Region.  However, a northwest-trending rhyolite dike swarm along the Chikak River, in the southern part of the Whistler Project is attributed to the Crystal Creek suite.  


The Merrill Pass igneous suite form a north-trending belt of differentiated calc­alkalic volcanic and intrusive rocks (44 to 30Ma) related to the emergence of the Aleutian arc.  They are associated with porphyry copper mineralization, generally with low gold content.


[whistlerresourceestimate1007.jpg]

Figure - Regional Geology



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[whistlerresourceestimate1008.jpg]

Figure - Property Geology



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10.0

DEPOSIT TYPES


The Whistler project was acquired by Geoinformatics for its potential to host magmatic hydrothermal gold and copper mineralization.  Magmatic hydrothermal deposits represent a wide clan of mineral deposits formed by the circulation of hydrothermal fluids into fractured rocks and associated with the intrusion of magma into the crust.  Exploration work completed by Kennecott uncovered several gold-copper sulphide occurrences exhibiting characteristics indicative of magmatic hydrothermal processes suggesting that the project area is generally highly prospective for porphyry gold-copper deposits as well as Intrusion-Related gold deposits (Muddy Creek).


The Whistler gold-copper deposit is the most advanced exploration target on the Whistler project.  Drilling by Cominco, Kennecott and Geoinformatics was successful in delineating gold-copper sulphide mineralization associated with at least three diorite porphyry intrusive phases.  The oldest phase exhibits the best gold-copper mineralization, while the third and youngest is typically barren.  On surface, the gold-copper mineralization extends over an area measuring 750m by 250m and from the surface to depths ranging between 200m and 750m.


MMTS considers the deposit type and model for Whistler to be appropriate for a porphyry gold-copper deposit.



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11.0

MINERALIZATION


Exploration on the Whistler Property by Kennecott, Geoinformatics and Kiska has identified four primary exploration targets for porphyry-style gold-copper deposits.  These include the Whistler deposit and the following prospects: Raintree, Rainmaker and the Island Mountain Breccia Zone and extensions (Figure 11-1).  The Muddy Creek area represents an additional exploration target with the potential to host a low-grade, bulk tonnage, Intrusion-Related Gold deposit.  The Whistler area also hosts multiple secondary porphyry-like prospects defined by anomalous soil samples, alteration, veining, surface rock samples, Induced Polarization chargeability/resistivity anomalies and airborne magnetic anomalies.  These include the Round Mountain, Puntilla, Canyon Creek, Snow Ridge, Spur, Alger Peak, and Old Man Breccia prospects.


From the inception of Kiska Metals and their involvement on the property since July 2009, the primary focus of the company has been the exploration of these prospects and the search for new mineralized zones.  Drilling the Whistler deposit and updating the resource estimate has been a secondary focus for the company.  



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[whistlerresourceestimate1009.jpg]

Figure - Prospect Areas



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11.1

Whistler Deposit

At least three diorite porphyry intrusive phases intrude the feldspathic sandstone unit and are associated with the sulphide mineralization event at Whistler.  The sedimentary rocks exhibit strong phyllic alteration obliterating all primary textures, making it difficult to differentiate lithologies and recognize intrusive contacts.  The oldest intrusive phase exhibits the best gold-copper mineralization; the second is strongly altered and carries weak gold-copper mineralization, while the third and youngest is altered but typically barren.  The former two diorite porphyries containing the gold-copper mineralization are recognized as the “main stage” and “inter-mineral stage” porphyries, respectively.  The three recognized intrusive phases are texturally and compositionally very similar.  Post mineralization pebble dikes and andesite porphyry dikes are present, but are volumetrically insignificant.  At present, the differentiation of porphyry phases has only been interpreted on a few sections where contact relations were recognized.  Further re-logging and compilation work may recognize the distribution of these phases throughout the deposit, and hence enable the construction of 3D geological solid of each phase.  Currently, the deposit is modeled as one “intrusive complex” comprised of multiple phases of diorite porphyry.


The main stage porphyry is the principal host for the stronger gold-copper mineralization (Figure 11-2).  It forms two irregular bodies.  The inter-mineral porphyry is generally strongly altered (phyllic assemblages) but seldom carries better than weak gold-copper mineralization, principally A- and B-vein xenoliths near the contacts with the main stage porphyry.  The inter-mineral porphyry principally occupies the eastern side of the intrusive complex (Figure 11-2) and the existing drilling data suggest that it widens at depth.  Towards the north, the inter-mineral porphyry is thicker and possibly dilutes\cuts out the main stage porphyry.


The late stage porphyry occurs as steeply dipping dikes (Figure 11-3) and irregular masses poorly constrained with the current drilling density.  This late intrusion is more voluminous on the north end of the intrusive complex where it forms thicker northeast steeply dipping and northwest, moderately dipping, dikes.  Contact relationships are vague and sometimes in the absence of textural evidence are based on assay results.  The late stage porphyry is primarily distinguished from the inter-mineral porphyry by its lesser alteration intensity and the absence of A- and B-veins.  Anomalous gold-copper values are generally associated with xenoliths of older mineralized porphyries.


The structure of the intrusive complex is not well constrained with the widely spaced drilling.  However, one main fault, the Divide Fault (Figure 11-3), is interpreted to offset the western and eastern main stage porphyry such that the higher grade sulphide mineralization appears to be downthrown across this steep southeast-trending fault.  Towards the south of the intrusive complex a small late stage breccia was intersected in drilling.  This breccia contains fragments of mineralized porphyry but does not appear to host its own hydrothermal mineralization.


Three types of hydrothermal alteration have been recognized within the Whistler deposit: 1) early potassic alteration associated with Au-Cu mineralization; 2) pervasive chlorite-carbonate alteration; 3) locally strong phyllic to argillic alteration, commonly restricted to vein halos and fault zones.  The latter two alteration types are the most prominent throughout the deposit and overprint the earlier potassic alteration present in relict enclaves.  The phyllic alteration is quite intense and texturally destructive.  This alteration involved the introduction of a significant amount of sulphur and resulted in extensive replacement of magnetite as well as some of the chalcopyrite by pyrite.  Relict potassic alteration is preserved, primarily in the western lobe of the main stage porphyry.  It is characterized by intense secondary biotite, quartz, magnetite and partial to complete replacement of the primary feldspar by quartz and secondary feldspar.  In these zones, anhydrite and gypsum are abundant and quartz-magnetite-chalcopyrite (locally with bornite) veins are common.




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Distinctive vein parageneses include early barren quartz-magnetite veins (A-veins) associated with secondary biotite alteration, main-stage quartz-magnetite-chalcopyrite veins (A- and B-veins) also with secondary biotite, late quartz-pyrite and pyrite veins (D-veins) associated with pervasive quartz-sericite-pyrite alteration and latest calcite veins with local sphalerite-galena.  Gypsum (after anhydrite) is common throughout the deposit, but its chronologic relationship with the other hydrothermal veins is poorly constrained, owing largely to its occurrence with several of the documented vein styles.  




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[whistlerresourceestimate1010.jpg]

Figure - Whistler Gold-Copper Deposit



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[whistlerresourceestimate1011.jpg]

Figure - Whistler Gold-Copper Sections




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[whistlerresourceestimate1012.jpg]

Photo 11-1

Whistler, WH 08-08, ~122.5m, Quartz Vein


[whistlerresourceestimate1013.jpg]

Photo 11-2

Whistler, WH 08-08, ~123.0m, A and B Veins


[whistlerresourceestimate1014.jpg]

Photo 11-3

Whistler, WH 08-08, Late Quartz-calcite Vein with Galena and Sphalerite




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[whistlerresourceestimate1015.jpg]

Photo 11-4

Whistler, WH 08-08, anhydrite veins

11.2

Raintree

The Raintree prospect area is defined by the occurrence of discrete circular to elongate magnetic anomalies that occur in a 3 by 3 kilometre area to the east of the Whistler deposit.  The bulk of this area occurs in a broad valley floor where 5 to 15 metres of glacial sediments cover bedrock.  Interpretation of the airborne magnetic data, drilling data and sparse outcrops indicates that the magnetic anomalies represent Whistler-like diorite porphyry stocks, hosted by andesitic volcanic rocks and in some instances hydrothermal magnetite.  Reconnaissance drilling by Kennecott, Geoinformatics and Kiska, targeting coincident magnetic and IP chargeability anomalies, has confirmed four Au-Cu mineralized zones hosted by diorite porphyries in this area (Figure 11-4).  Like the Whistler deposit, zones of gold-copper mineralization in these holes are associated with potassic alteration, magnetite alteration and veining, and A- and B-style quartz veining with chalcopyrite.  All of these zones, except Raintree West, are only defined by one diamond drillhole each, and therefore the true width and dimensions of Au-Cu mineralization are currently unknown.  The untested strike length and width of these zones defines the significant exploration potential of the Raintree area for Whistler-like porphyry mineralization.


The Raintree West zone is currently the most advanced mineralized zone in this prospect area, with the original discovery hole drilled in 2008 by Geoinformatics, followed by five holes drilled by Kiska in 2009 and 2010 (Figure 11-5).  The discovery hole (RN-08-06), drilled to the east and targeting a 350m wide, north to northeast trending magnetic anomaly, returned 160 metres grading 0.59 g/t gold, 6.02 g/t silver, 0.10% copper, 0.20% lead, 0.46% zinc.  In 2009, Kiska drilled a scissor hole (WH09-002) collared to the east of RN-08-06 that returned an upper interval of 128.7m averaging 0.56 ppm gold, 6.8 ppm silver, 0.16% copper, 0.14% lead and 0.32% zinc from 59.0 to 187.7m, truncated by a fault, followed by a deeper interval that returned 97.2m averaging 0.61 ppm gold, 6.9 ppm silver, 0.16% copper, 0.24% lead and 0.59% zinc from 382.0 to 479.2m, ending in mineralization.  In both holes, Au-Cu mineralization is associated with disseminated chalcopyrite and within A- and B-style stockwork-textured quartz veins in potassic altered diorite porphyry, magnetite veins, overprinted by moderate to strong phyllic alteration, pyritic D-veins and calcite veins with base metals (sphalerite- and galena-bearing) D-type veins.  A third drillhole collared 100 metres to the south of the discovery section (WH10-024) returned 83.0 metres of 1.2 g/t gold, 11.8 g/t silver, 0.06% copper, 0.53% lead and 1.08% zinc within a larger interval that averaged 0.47 g/t gold, 5.4 g/t silver, 0.04% copper, 0.23% lead and 0.51% zinc over 299 metres.  This mineralization is dominated by sphalerite- and galena-bearing quartz-carbonate veinlets interpreted as late-stage features developed peripheral to high temperature porphyry style mineralization.  Two additional holes were completed at Raintree West.  Both were collared east of holes WH10-24 and WH09-02 and drilled to the west intersecting a large fault zone that may bound mineralization to the east.  No significant results were returned from these holes.  These results provide evidence for a porphyry centre to the north of the current drilling.  



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[whistlerresourceestimate1016.jpg]

Figure - Raintree Prospect Area



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[whistlerresourceestimate1017.jpg] 

Figure - Raintree West Drilling

11.3

Rainmaker

The Rainmaker prospect is centred on a circular, 250 metre wide magnetic anomaly that lies under an alluvial terrace bench adjacent to the Skwentna River (Figure 11-6) and located 2.5 kilometres to the south of the Whistler deposit.  The target is covered by a relatively thin veneer of alluvial and glacial deposits.  Kennecott drilled the core of this anomaly in 2005 with a vertically-oriented diamond drillhole (05-DD-WH-REC-08) that encountered strong biotite and magnetite altered and silicifed diorite porphyry containing thin chalcopyrite-bearing, A-style quartz veins and fine-grained chalcopyrite disseminations from surface (5.77m) to 172 metres.  This entire interval of 166.23m averaged 0.48 g/t gold and 0.17% copper.  A fault zone was intersected from 172m to 174.16m beneath which sericite-pyrite altered diorite porphyry was intersected to the bottom of the hole.  Kennecott attempted to drill across and underneath this anomaly in 2006 (06-DD-WH-RN-01) but failed to do so due to a driller error.  This hole came within 100 metres of mineralization, yet only returned strong sericite-pyrite alteration in volcanic rocks and diorite porphyry.  In 2008 Geoinformatics duplicated the original discovery hole with an angled diamond drillhole (RM-08-01) that returned 151.1 metres grading 0.37 g/t gold and 0.18% copper over the same vertical extent and encountered the fault at a similar elevation as the Kennecott discovery hole.  The orientation of the fault zone that truncates mineralization and the true width of mineralization are currently unknown.  There are several other prominent magnetic anomalies with associated IP chargeability anomalies within 1 kilometre of the Rainmaker discovery hole.  Drillholes targeting several of these magnetic anomalies intersected volcanic rocks with moderate to strong phyllic alteration,



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although none have returned significant Au-Cu mineralization.  However, these geophysical anomalies and the potential structural offset of mineralization found in the discovery hole indicates that there remains considerable exploration potential in this area.  


[whistlerresourceestimate1018.jpg]

Figure - Rainmaker Prospect




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11.4

Island Mountain

The following description of the Island Mountain area is extracted from a Kennecott report (Franklin, 2007):


Island Mountain is a prominent double peaked hill along the west side of the upper Skwentna River located approximately 23km SSW of Whistler (Figure 11-7).  It contains the southernmost exposures of what appear to be Whistler-like intrusions.  Country rocks consist of variably hornfelsed argillite, sandstone and subordinate pebble conglomerate of the Kahiltna flysh terrene.  Northeast-trending chevron folding with steep to overturned limbs is the dominant structural style.  The sedimentary rocks are intruded by several intrusive phases ranging from andesite dikes to coarse grained monzonite.  These intrusive phases consist of diorite, monzonite porphyry, mafic-groundmass porphyry, coarse-grained monzonite, fine-grained diorite, and andesite dikes.  Age relations among the intrusive phases have yet to be conclusively determined but from field relationships it is assumed to be oldest to youngest in the order listed above.


Widespread Cu-Au mineralization has been mapped and sampled along both sides of the mountain, a distance spanning over 2.5km (Figure 11-7).  Three styles of mineralization have been observed; 1) actinolite breccia pipe hosted (Discovery Breccia), 2) actinolite stockwork hosted, and 3) finely disseminated chalcopyrite with rare quartz veins (Cirque Zone).  The system appears to be silica deficient with very few quartz veins.  The best Cu-Au values appear to be associated with the monzonite porphyry unit.  Widespread low grade mineralization is present within the diorite unit with local higher grade values associated with actinolite breccia zones and within or near monzonite porphyry dikes.  Several anomalous rock samples were obtained from dikes intruding the hornfels and veins within the hornfels.  Many of the rock samples collected within the diorite but away from monzonite porphyry dikes were barren of Cu-Au although many of the soil samples collected within this unit were highly anomalous.  Soil sampling suggests that the system may have dimensions of at least 3400 X 2400m.  



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[whistlerresourceestimate1019.jpg]

Figure - Island Mountain Geology and Gold Anomalies




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The most significant zone of mineralization discovered to date at Island Mountain occurs at the Breccia Zone (or “Discovery Breccia”) located on the southwest corner of the Island Mountain area (Figure 11-8).  The Breccia Zone consists of an exposed 75 metre wide by 210 metre long northeast-trending hydrothermal breccia body hosted by diorite porphyry.  Surface rock samples of the breccia collected by Kennecott returned values up to 1.19 ppm gold, 5.2 ppm silver and 0.2% copper.  In 2009, Kiska drilled the first ever drillhole through the breccia body (IM09-001).  Drilling indicates that the breccia is steeply dipping and consists of cm to 10-20 cm wide albite-actinolite-magnetite-biotite-epidote altered, sub-rounded to angular diorite fragments, variably supported by a matrix of actinolite-magnetite-biotite-pyrrhotite-pyrite-chalcopyrite altered rock flour (“actinolite – magnetite breccia”).  Fine-grained chalcopyrite is finely intergrown with actinolite needles and is also rimmed by pyrrhotite blebs.  Chalcopyrite varies between trace to 1-2% in the breccia and pyrrhotite varies between 1 and 5%.  In IM09-001, the breccia body returned 150.0 metres averaging 0.72 ppm gold, 2.37 ppm silver and 0.16% copper from 44.0 to 194.0 metres.  The geometry and true width of the breccia body is currently unkown.  At depth along the eastern edge of the breccia (the breccia body has only been drilled from collars on the west side of the body drilled towards the east), there is persistent actinolite crackle breccia and veining, moderate to strong albite alteration and 5-15% pyrrhotite as disseminations and veins over an approximate horizontal width of 100 metres (“Lower Zone” mineralization).  The pyrrhotite-dominant veins are several millimetres to centimetres wide, straight-sided, possibly sheeted and contain trace to minor actinolite ± biotite ± magnetite ± chalcopyrite ± pyrite and rare quartz.  These veins have 2 to 5 cm wide halos of net-textured pyrrhotite and associated actinolite ± biotite ± magnetite alteration.  In places, net-texture pyrrhotite is up to 20-40% of the rock by volume over 1 to 10 metres.  As an example of grade, IM09-001 returned 106.9 metres averaging 1.22 ppm gold, 0.69ppm silver and 0.05% copper from 280.0 to the 386.9 metres.  True widths of the actinolite – magnetite breccia and the Lower Zone pyrrhotite mineralization are currently unknown.  Petrography conducted on Lower Zone style mineralization noted significant scapolite often occurring as rims on pyrrhotite blebs.  Scapolite is a common mineral in association with sodic alteration assemblages.  


At present drilling results indicate that Au-Cu mineralization corresponds visually with the actinolite – magnetite hydrothermal breccia, whereas Au without Cu persists in the zone of pyrrhotite veins and disseminations.  That both intervals are associated with reduced, high temperature alteration (pyrrhotite-dominant; sodic-calcic alteration) indicates that they are broadly associated with the same hydrothermal system.  Weak to moderate pervasive potassic alteration (biotite replacement of igneous amphiboles) occurs up to 200 metres from the breccia body, indicating pervasive, down-temperature fluid flow from a hot magmatic source (Seedorf et al., 2005).  Moderate to strong, pervasive sodic (albite ± silica) or sodic-calcic alteration (albite-actinolite) is the dominant alteration assemblage within and adjacent to the breccia, whereby albite replacement of igneous feldspars is either pre- to syn- main stage brecciation (some breccia fragments are variably albitized).  Potassic and sodic-calcic alteration in association with Au-Cu mineralization are characteristic of the high-temperature core of porphyry-style deposits (Sillitoe, 2010 and references therein).



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[whistlerresourceestimate1020.jpg]

Figure - Island Mountain Drilling


11.5

Muddy Creek

The following description of the Island Mountain area is extracted from a Kennecott report (Franklin, 2007):


The system at Muddy Creek (and adjacent Mt. Estelle) is related to a low oxidation composite pluton that is zoned from a felsic core to increasingly more mafic lithotypes upward and outward.  Mineralization styles are more akin to Tintina Gold Belt style intrusive-related Au than to porphyry Cu-Au systems.  There is no known analogue to this system that is a producing mine.  Mineralization is widespread within and around the plutonic complex with observed quartz-chalcopyrite-pyrrhotite-arsenopyrite veins and disseminations occurring over an area of at least 16 km2.


The focus of work on this prospect has been on identifying areas with high concentrations of Cu, Au, and as mineralized structures (joints, fractures, veins, pegmatoidal veins, etc), and identifying their spatial densities within intrusive phases of the Estelle Composite Pluton system.  As a general rule better grades of mineralization and increasing densities of mineralized structures occur within the more felsic, and more centralized, portions of the composite pluton.  And by far, the best mineralization and the best densities of mineralized structures occur in the upper portions of Discovery Creek (Figure 11-9), On-Line Exploration claims).  The vast majority of mineralization at Muddy Creek is hosted by medium to coarse grained biotite monzonites and monzodiorites that contain little or no modal quartz.  Hornblende is more common in the central portion of the pluton but otherwise is rarely present.  Accessory levels of relict



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clinopyroxene (aegerine-augite) are common, particularly toward the more mafic margins of the pluton.  The pyroxene is invariably altered (partially to completely) to biotite, chlorite +/- pyrrhotite, chalcopyrite, and pyrite.  This alteration appears to be late magmatic to deuteric.  Though its original abundance decreases inward in the composite pluton, the pyroxenes are more altered (and mineralized) in that direction as well.  Mineralization in Discovery Creek is hosted by quartz monzonite or granite.


Low levels of disseminated copper mineralization often, but not uniformly, occurs within the intrusive rocks adjacent to mineralized structures.  Just how far into the country rock this disseminated mineralization gets is an open question.  Though mineralized structures are widespread, there will be considerable variability of grades, along strike and down-dip, within individual mineralized structures.  Further, weathering and erosion selectively removes the mineralization where it is exposed at the surface.  At best, it is very difficult to get representative samples from this kind, or style, of mineralization; with standard rock picks, it is essentially impossible.  It is unclear at present whether vein swarms observed at surface continue to depth or perhaps improve with depth.  Certainly within the levels of exposure down the Discovery and Phoenix Creek valleys it appears that joint sets have vertical continuity.  Without some form of invasive sampling technique it is impossible to determine if these joints host Cu-Au mineralization continuously in the vertical dimension.


Along the SE side of the plutonic complex, in contact with strongly hornfelsed sediment is a diorite body that is cut by cm-scale veins containing local bonanza grade Au ± Ag.  Rock geochem values for chip samples collected near the head of the Muddy Creek drainage returned several extremely high values for Au ± Ag ± Cu.  A cluster of samples of mostly vein material collected over a width of about 200m returned values ranging up to 16,000 ppb Au, 462ppm Ag, and 29,300ppm Cu.  Several of these samples also returned highly anomalous values for Bi and Sb suggesting the presence of sulfosalts.  Samples of vein material collected nearly 1km to the NW across the drainage also had extremely high Au returns but were accompanied by low Cu and Ag values.  Here Au values from arsenopyrite-pyrrhotite-pyrite veins in NW trending joint sets ranged up to 111,500 ppb.  It appears that this system may be associated with this diorite phase that may or may not be part of the composite pluton.  The diorite is slightly magnetic and produces a subtle positive response.  A stronger response 1600m to the NE in the bottom of Muddy Creek may be a manifestation of this intrusive phase and if so could represent a target.  




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[whistlerresourceestimate1021.jpg]

Figure - Muddy Creek Geology and Geochemistry




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12.0

EXPLORATION


A summary of all exploration work conducted by various operators from 1986 to present is summarized in Table 12-1.  Cominco Alaska Inc is attributed with the discovery of the Whistler deposit in 1986.  The only exploration activity documented by Cominco for which Kiska has records are 8.4 line-kilometres of 2D Induced Polarization geophysics over the Whistler Deposit and sixteen diamond drillholes (1,677 metres) in the Whistler deposit.  


Table - Summary of Exploration on the Whistler Property

Operator

Field Seasons

Mapping

Geophysics

Rocks

Soils

Silts

Cominco

1986-1989

n/a

· 8.4 line-km of 2D IP over the Whistler deposit

n/a

n/a

n/a

Kennecott

2003-2006

Property-wide mapping

· 39.4 line-km of 2D IP

· Property-wide AM (400m line spacing)

· Snow Ridge AM (79 line km at 200m line spacing)

· Whistler Orbit AM (1,365 line km at 50m line spacing)

1312

2446

103

Geoinformatics

2007-2008

Prospect-scale mapping

· 8.8 line km of 2D IP (Whistler area)

20

195

nil

Kiska

2009-2010

Prospect-scale mapping

· 40 line-km of 2D IP (Whistler area, Muddy Creek, Island Mountain)

· 224 line-km of 3D IP (Whistler area)

293

1417

46

AM = Airborne Magnetic survey

IP = Induced Polarization survey


12.1

Geological Mapping

The bulk of the detailed geological mapping and interpretation on the property was undertaken by Kennecott and summarized in a report by Young (2006).  This work laid the foundation for the geological interpretation of porphyry-style mineralization in the Whistler area (including the Whistler deposit and the Raintree - Rainmaker prospects), the Breccia Zone at Island Mountain, and Intrusion-Related Au mineralization in the Muddy Creek area.


12.2

Airborne Geophysics

An airborne helicopter geophysical survey was commissioned from Fugro Airborne Surveys (“Fugro”) by Kennecott during 2003.  This survey covered the entire property with a high sensitivity cesium magnetometer and a 256-channel spectrometer.


Additional airborne magnetic data were acquired by Kennecott in 2004 over two smaller areas using a helicopter equipped by a Rio Tinto bird operated by Fugro and a Kennecott geophysicist.  One area over the Snow Ridge target was investigated at 200 metres line spacing (79 line kilometres).  The other grid was flown over the Whistler deposit and surrounding area using fifty-metre line spacing (1,365 line kilometres).  




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Results from these airborne surveys were used by Kennecott to interpret geological contacts, fault structures and potential mineralization in the Whistler, Island Mountain and Muddy Creek areas.  In particular, the airborne magnetic data showed that the Whistler deposit displays a strong 900m by 700m positive magnetic anomaly attributed to the magnetic Whistler Diorite intrusive complex (host to the Whistler Deposit) in addition to a contribution from secondary magnetite alteration and veining associated with Au-Cu mineralization.  This observation formed that basis for exploration targeting in the Whistler area, particularly those areas covered by a thin veneer of glacial sediments, such as the Raintree and Rainmaker prospects.  These surveys, in addition to 2D Induced Polarization ground geophysical surveys targeted over airborne magnetic anomalies, were instrumental in the “blind” discovery of the Rainmaker and Raintree prospects by Kennecott in 2005 and 2006, respectively.


12.3

Ground Geophysics

Cominco acquired 8.4 line-km of 2D Induced Polarization geophysics from six east-west oriented lines centred over the Whistler deposit discovery outcrops.  Anomalous results from these lines were used to target the deposit area with subsequent drilling.  From 2004 to 2006, Kennecott completed 39.4 line-kilometres of 2D IP geophysics in the Whistler area.  Within this survey, two IP lines were run over the Whistler deposit magnetic anomaly and showed that mineralization is coincident with a strong chargeability anomaly.  Subsequent lines targeted magnetic anomalies at the Round Mountain, Canyon Creek, Canyon Ridge, Canyon Mouth, Long Lake Hills, Raintree and Rainmaker prospects.  In 2007-2008, Geoinformatics completed 8.8 line km of 2D IP from six separate reconnaissance lines in the Whistler area targeting airborne magnetic highs.  Anomalous results from this survey in the Raintree area led to the Raintree West discovery.


In 2009, Kiska undertook a significant 2D and 3D IP survey over most of the prospective areas in the Whistler, Island Mountain and Muddy Creek areas.  Kiska commissioned Aurora Geoscience to complete 224 line-kilometres of a 3D Induced Polarization geophysical survey.  This was executed on two grids (Round Mountain; Whistler Orbit) which were comprised of grid lines ranging from 4 to 9 km long with a line-spacing of 400 metres.  From November to December, 2009, the raw data was delivered to Mira Geoscience for detail data quality control and error analysis prior to the construction of a 3D inversion model.  This survey reaffirmed that the Whistler deposit is coincident with a discrete 3D chargeability anomaly and showed that much of the Whistler Orbit area contains broad areas of anomalous chargeability (Figure 12-1).  In conjunction with the airborne magnetic data, these zones of anomalous chargeability formed the basis for exploration drilling in the Whistler Orbit in 2010.



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[whistlerresourceestimate1022.jpg]

Figure - Whistler 3D IP Work


In 2009 Kiska commissioned SJ Geophysics to complete 40 line-km of a 2D Induced Polarization geophysical survey.  Survey lines were generally semi-straight reconnaissance-type lines over areas of interest at Alger Peak, Island Mountain and Muddy Creek.  The geophysical survey was acquired with a pole – dipole 2DIP technique with 100m dipoles.


12.4

Soil and Rock Sampling

From 2004 to 2006 Kennecott collected 1,300 rock samples, close to 2,500 soil samples and 103 stream sediments samples in the Whistler, Island Mountain and Muddy Creek areas.  Within this program, a soil grid over the Whistler deposit returned anomalous Au-Cu results coincident with the magnetic high.  Other reconnaissance soil lines in the Whistler area with anomalous Au-Cu results helped to define areas of interest at the Round Mountain, Canyon Creek, Canyon Ridge, Canyon Mouth, and Long Lake Hills prospects.  In addition, soil reconnaissance lines at Island Mountain led to the Discovery of the Breccia Zone and broad zones of anomalous Au at Muddy Creek.  In 2009 and 2010, Kiska collected 1417 soil samples and 293 rocks samples, which largely confirmed areas of interest in the Whistler, Island Mountain, Muddy Creek areas previously defined by Kennecott.





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[whistlerresourceestimate1023.jpg]

Photo 12-1

From the Whistler area looking north to the Snow Ridge area


[whistlerresourceestimate1024.jpg]

Photo 12-2

From the Whistler area looking south to the Rainmaker area




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[whistlerresourceestimate1025.jpg]

Photo 12-3

View of the Island Mountain area, three drill sites are shown


[whistlerresourceestimate1026.jpg]

Figure - View of the Island Mountain Area


(A drill is seen in centre of the photo.)



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13.0

DRILLING


A total of 39,894 metres of diamond drilling in 109 holes has been completed on the Whistler property by Cominco, Kennecott, Geoinformatics and Kiska from 1986 to the end of 2010 (Table 13-1).  Of these drillholes 19,870 metres in 48 holes have been drilled in the Whistler deposit area, 13,720 metres in 45 holes have been drilled on exploration targets beyond the Whistler deposit in the Whistler area, and 6,304 metres in 16 holes have been drilled in the Island Mountain area.


Table - Summary of Diamond Drilling on the Whistler Property

Operator

Drill Target Areas

No.  Drillholes

Metres

Cominco

(1986-1989)

Whistler Deposit

16

1,677

Total Cominco

 

16

1,677

Kennecott

(2003-2006)

Whistler Deposit

15

7,953

 

Whistler Area

18

4,227

 

Island Mountain

2

269

Total Kennecott

 

35

12,449

Geoinformatics

(2007-2008)

Whistler Deposit

12

5,784

 

Whistler Area

6

1,841

Total Geoinformatics

 

18

7,625

Kiska

(2009-2010)

Whistler Deposit

5

4,456

 

Whistler Area

21

7,652

 

Island Mountain

14

6,035

Total Kiska

 

40

18,144

Total Whistler Deposit

 

48

19,870

Total Whistler Area

 

45

13,720

Total Island Mountain

 

16

6,304

Total All Operators

 

109

39,894


13.1

Drilling by Cominco Alaska Inc.

There are partial records documenting sixteen shallow core boreholes (1,677 metres) drilled on the Whistler gold-copper deposit in 1988 and 1989.  The records contain descriptions of the core, with drilling logs with assay results.  The position of several holes was re-surveyed by Kennecott using either a hand held GPS or with a Trimble ProXr receiver providing real-time sub-metre accuracy.  Three holes could not be located.  Apparently the core from the Cominco holes was donated to the State of Alaska in 1990 and is probably stored at a core library in Eagle River, Alaska.




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13.2

Drilling by Kennecott

Between 2004 and 2006, Kennecott drilled a total of thirty-five core holes (12,449 metres) on the Whistler project.  Fifteen of those core holes (7,953 metres) were drilled on the Whistler deposit.  The Kennecott core is stored in part at the base camp and in part in a secured warehouse in Sterling, Alaska.  The drilling was conducted by NANA-Dynatec and subsequently NANAMajor drilling from Salt Lake City, Utah, using up to three drill rigs supported by helicopter.  HQ-diameter core was recovered in 2004 and subsequently NQ in 2005 and 2006.


Kennecott personnel used extensive documented procedures during drilling.  The collar position of each borehole was laid out with a hand GPS unit.  Azimuth and inclination determined with a compass.  Each collar was subsequently surveyed using a Trimble ProXr receiver providing real-time sub-metre accuracy.  The casing was pulled after drilling.  Downhole deviation was monitored using Flex It Multi-shot readings at twenty foot (six metre) intervals.  Magnetic susceptibility and gravity data were also recorded.  Drilling, logging and sampling were conducted under the direct supervision of a suitably qualified geologist.  Core retrieved from drilling was oriented using EzMark or an ACE device.  Core recovery, geotechnical point load test, and rock quality determination were collected before the geologist recorded elaborate information about lithology, mineralogy, alteration, vein density, and structure.  Magnetic susceptibility was also measured on core at regular intervals.  All descriptive data were recorded digitally and subsequently populated an acQuire database.


A total of twenty boreholes (4,746 metres) were drilled by Kennecott to investigate other exploration targets.  Targets selected for drilling were typically chosen based on a combination of geology, geochemical and geophysical criteria interpreted to be indicative of magmatic hydrothermal processes.  The drilling strategy involved testing selected targets with vertical or angled drillholes to validate the geological model.  One or more boreholes were drilled, depending on results, in an attempt to vector towards the potassic core of a magmatic hydrothermal system known to be associated with better copper and gold sulphide mineralization in this area.


13.3

Drilling by Geoinformatics

From 2007 through 2008, Geoinformatics drilled 12 holes for 5,784 metres on the Whistler Deposit and 6 holes for 1,841 metres on other exploration targets in the Whistler area.  Geoinformatics used the same drilling contractor and drilling procedures as Kennecott (note that oriented-core was not obtained by Geoinformatics).


Exploration drilling by Geoinformatics in the Whistler area targeted geophysical anomalies in the Raintree and Rainmaker areas, using the same basic porphyry exploration model as Kennecott.


13.4

Drilling by Kiska

During the 2009-2010 Kiska drilling campaign, diamond drilling was performed by Quest America Drilling following industry-standard diamond drilling procedures.  The drilling was supervised by the owner/operator of Quest and geological staff from Kiska.  Drilling was performed by helicopter-portable.  Quest AR-65 diamond drill rigs using HQ (6.35cm) and NQ (4.76cm) diameters tools.  Drillholes were collared with HQ diameter tools and reduced to NQ diameter tools when the rig reached the depth capacity of the HQ equipment.  Collar locations were captured with hand-held GPS devices by Kiska staff.  Downhole surveys for all holes were conducted by the drill contractor every 60 metres down-hole using a Relflex EZ Shot down-hole camera.




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All drillholes were logged by Kiska geologists within the core logging facility at the Whistler exploration camp.  Geologists logged lithology type, alteration type and intensity, vein types, percentage vein volume and vein orientations (to core axis), structures (to core axis), and the percentage of sulphides and oxides.  Logging data was entered on paper logging forms (2009) and directly onto laptop computers using LogChief software (2010).  Magnetic susceptibility readings were also recorded for every metre of core using a hand-held device.  Detailed geotechnical logging was also performed and includes core recovery and rock quality designation (RQD).


During the 2009-2010 Kiska drilling campaign a total of 40 diamond drillholes were completed for a total of 18,144 metres.  Table 13-1 shows the distribution of these drillholes relative to prospect areas on the Whistler property.


13.5

Whistler Deposit

A total of five holes for 4456 metres were drilled on the Whistler deposit by Kiska in 2010.  These holes were targeted to in-fill gaps from the previous drill campaigns and to test the edges and depth of the intrusive complex that hosts the deposit.  Results from these holes are included in the updated resource estimate.  


13.6

Whistler Area Exploration Drilling

A total of 21 exploration holes for 7,652 metres of drilling in the Whistler area were completed by Kiska in 2009-2010 (Figure 13-1).  A majority of these holes were drilled in the “Whistler Orbit”, an area that includes much of the broad valley floor to the north, east and south of the Whistler Ridge, that includes the Raintree and Rainmaker prospect areas (Figure 13-1).  Targeting for this drilling program was developed by a technical team comprised of Kiska and Kennecott geologists, and was based on blind geophysical targets heavily weighted by the results of the 2009 3D IP survey (chargeability and resistivity anomalies), airborne magnetic anomalies, anomaly size, and proximity to areas of known mineralization or anomalous surface geochemistry.  A majority of these holes were drilled in the Whistler Orbit and intersected andesitic volcanic rocks with moderate to strong sericite-clay-pyrite alteration and occasional sphalerite- and galena-bearing quartz-carbonate veins with banded and colliform epithermal-like textures.  The alteration and veining from these wide-spaced drillholes (on average >500 metres apart) indicate that broad areas in the Whistler Orbit define the upper, cooler margins of a large porphyry-related hydrothermal system or a cluster of smaller, coalescing porphyry-related hydrothermal systems.  Within this broad area, drilling returned Whistler-like, porphyry-style Au-Cu mineralization with significant intercepts at the Raintree West and Raintree East prospects.  



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[whistlerresourceestimate1027.jpg]

Figure - Whistler Area Drilling




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13.7

Raintree West

The Raintree West prospect is located 1800 metres to the east of the Whistler deposit, just off the nose of the Whistler Ridge, and was discovered by exploration drilling completed by Geoinformatics in 2008.

·

In 2009 Kiska drilled a scissor hole (WH09-002) collared to the east of the 2008 discovery hole (RN-08-06).  WH09-002 returned two significant sections of porphyry-style Au-Cu mineralization associated with chalcopyrite-bearing A- and B-style quartz veins overprinted by phyllic alteration and base metal D-type veins returning significant Ag-Pb-Zn: 1) 128.7 metres averaging 0.56ppm gold, 6.8ppm silver, 0.16% copper, 0.14% lead and 0.32% zinc from 59.0 to 187.7 metres; and 2) 97.2 metres averaging 0.61ppm gold, 6.9ppm silver, 0.16% copper, 0.24% lead and 0.59% zinc from 382.0 to 479.2 metres.  The upper intercept in this hole confirmed the result from RN-08-06, while the lower intercept represented a potentially new zone west of a significant fault zone.

·

WH10-011 was collared 600m west and 100m south of WH09-002 and was drilled towards the east to test the width of the lower zone of mineralization in WH09-002.  From 415 metres, this hole returned continuously anomalous Au values (253.74 metres of 0.14ppm Au, with weakly elevated Ag-Pb-Zn), including an 33.84 metre interval from 572.16 to 606 metres that returned 0.32ppm Au, 4.69ppm Ag, 739.8ppm Cu, 1663ppm Pb and 3675ppm Zn.  This zone is dominated by phyllic alteration and base-metal D-type veins with anhydrite, yet lacks the development of strong, high-temperature quartz veining (A- and B-style veins) seen in WH09-002.  From approximately 570 metres, this drillhole overlaps with the mineralized portion of WH09-002, and the lack of similar Au-Cu mineralization, suggests that the system may be weaker or closed to the south.  

·

WH10-024 was collared 100 metres to the south of the discovery section (RN08-06 and WH09-002) and returned 83.0 metres of 1.2 g/t gold, 11.8 g/t silver, 0.06% copper, 0.53% lead and 1.08% zinc from 168 metres, within a larger interval of 299 metres that averaged 0.47 g/t gold, 5.4 g/t silver, 0.04% copper, 0.23% lead and 0.51% zinc from 5 metres.  This mineralization is dominated by sphalerite- and galena-bearing quartz-carbonate veinlets interpreted as late-stage features developed peripheral to high temperature porphyry style mineralization.


Peripheral-style Au-Ag-Pb-Zn mineralization and strong phyllic alteration in WH10-024 therefore suggests that the core of the porphyry system lies to the north.  The dimensions and geometry of geological features controlling Au-Cu mineralization (diorite porphyry bodies, quartz vein stockworks) and the true width of porphyry-style mineralization at Raintree West are currently unknown.


13.8

Raintree East

The Raintree East prospect is located 2.8km to the east-northeast of the Whistler deposit, adjacent to Portage Creek, and targeted a coincident chargeability and resistivity anomaly.

·

WH10-008 returned 90 metres from 150 to 240 metres of 0.416ppm Au; 1.33ppm Ag; 0.10% Cu; 69.4ppm Pb and 363.4ppm Zn corresponding to a zone sparse sheeted to stockwork quartz-pyrite-chalcopyrite veins (B-veins) overprinted by strong sericite-clay-pyrite alteration and local hydrothermal brecciation.  


The geometry and true width of mineralization at Raintree East are currently unknown.



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13.9

Island Mountain Exploration Drilling

The majority of the drilling completed by Kiska at the Island Mountain prospect in 2009-2010 targeted the Breccia Zone (11 out of 15 holes) and the remainder targeted zones of anomalous surface rock geochemistry and alteration (Cirque Zone, Actinolite Stockwork Zone, Sandwich Zone).  Significant results were only returned from the Breccia Zone and are summarized below.  The alteration patterns and geochemical pathfinder elements from the other areas are currently being reviewed and may be used to target addition drilling in the 2011 season.  


Breccia Zone:

·

Hole IM09-001 (Discovery Hole) was collared 60 metres to the west from the western margin of the breccia body and was drilled at an azimuth of 090° and dip of -50°.  IM09-001 returned 382.9 metres (top to bottom) of 0.68 ppm Au and 0.10% Cu with an upper interval in the targeted actinolite – magnetite hydrothermal breccia of 150.0 metres averaging 0.72 ppm gold, 2.37 ppm silver and 0.16% copper from 44.0 to 94.0 metres and a deeper zone of pyrrhotite veins and disseminations (“Lower Zone” mineralization) that returned 106.9 metres averaging 1.22 ppm gold, 0.69 ppm silver and 0.05% copper from 280.0 to the 386.9 metres (end of hole).  

·

Hole IM10-004 was designed as a follow-up hole to test the extent of open-ended Au mineralization discovered in 2009.  This hole was collared 50 metres to the northeast of IM09-001 and was drilled on a similar azimuth and dip.  IM10-004 returned an upper intersection in the actinolite – magnetite breccia of 129.8 metres of 0.70 g/t gold, 2.5 g/t silver and 0.16% copper over 129.8 metres starting at a depth of 31.2 metres, and a lower intersection within the Lower Zone-style pyrrhotite mineralization of 151.6 metres averaging 0.78 ppm gold (no significant copper) from a depth of 231.5 metres.  Lower Zone mineralization is hosted within moderately to strongly albite-biotite-actinolite altered diorite porphyry with variable 5-20% net-textured pyrrhotite and trace chalcopyrite, and is texturally similar to the lower mineralized zone in IM09-001.  From the Lower Zone mineralization, IM10-004 continued into less-altered diorite porphyry until a depth of 489.9 metres where it intersects hornfelsed sediments to the end of the hole at 541.0 metres.


Seven step-out drillholes (IM10-006 to -013) subsequently targeted the Breccia Zone.  Relative to the discovery hole, all holes were collared on east-west sections located 50 metres south (IM10-006, 007), and 50 (IM10-010, 011), 100 (IM10-013) and 200 metres (IM10-008, 009) north.  All holes with the exception of IM10-012 were drilled toward the east at inclinations of either -45 or -60 degrees and designed to intersect breccia-hosted gold-copper mineralization and "Lower Zone”-style disseminated pyrrhotite-associated gold mineralization hosted in altered diorite intrusive rocks.  IM10-012 was drilled toward the west from the discovery-hole drill pad to define mineralization west along the discovery section.  


Drill intercepts to the south of the discovery section represent Lower Zone style disseminated mineralization while holes drilled to the north intersected both Breccia and Lower Zone style mineralization with corresponding gold and in the case of breccias, gold and copper.  The geometry of the Breccia Zone intersected by this phase of drilling indicates a near vertical north-northeast trend that is likely continuous in the subsurface.  True widths of the breccia body and Lower Zone style mineralization are currently unknown.  Hole IM10-013 collared in mineralized diorite and intrusive breccias to the west of the discovery breccia indicating potential for westward expansion.  Of particular note in hole IM10-013 is that the mineralization (114.9 metre interval of 1.251 g/t gold, 4.0 g/t silver and 0.23% copper from a depth of 50.1 metres) encountered a newly observed style of mineralization spatially associated with the Breccia Zone with strong K-feldspar-biotite alteration and disseminated copper sulphides occurring in an



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intrusive breccia 100 metres to the northwest of the actinolite – magnetite breccia.  This style of alteration – mineralization is more typical of conventional porphyry-style deposits, yet differs from the Whistler deposit due to the lack of significant quartz veining.  Holes IM10-008 and 009, located 200 metres north of the discovery hole both ended in Lower Zone style mineralization, indicating further potential for eastward and depth expansion of this style of mineralization.  


Results from this drilling program indicate that gold-copper mineralization is open at depth and to the northwest of the Discovery Breccia, where surface work has mapped intrusive and hydrothermal breccias for a strike length in excess of 800 metres as well as expansive areas of altered and mineralized diorite intrusive rocks.  Extensive surface geochemical results are being compiled and will be used to guide drilling at Island Mountain in 2011 focusing on both continued expansion of the discovery zones and investigation of numerous other distinct targets.


Table - Island Mountain Significant Drill Intersections

Hole

From (m)

To (m)

Interval (m)

Gold g/t

Silver g/t

Copper g/t

Gold Eq.  g/t

IM10-006

198.1

311

112.9

0.377

0.5

0.03

0.44

including

248.1

298.1

50

0.606

0.5

0.04

0.68

IM10-007

26.1

58

31.9

0.373

4.8

0.19

0.79

including

39.3

56.1

16.8

0.634

7.8

0.3

1.31

 

185.1

258.9

73.8

0.23

0.6

0.04

0.31

 

334

383

49

0.261

7.3

0.02

0.4

IM10-008

70

438.6

368.6

0.291

0.5

0.03

0.34

including

262

282

20

0.51

0.4

0.02

0.55

and

351

438.6

87.6

0.726

0.4

0.02

0.76

including

383

438.6

55.6

1.018

0.3

0.01

1.03

IM10-009

96

434.6

338.6

0.223

0.9

0.03

0.29

including

145.5

171

25.5

0.563

0.6

0.02

0.6

and

361

423.2

62.2

0.396

1

0.05

0.5

IM10-010

8.6

108.1

99.4

0.848

2.8

0.2

1.27

 

255

293.9

38.9

0.28

0.9

0.05

0.38

 

311

380

69

0.676

0.5

0.03

0.73

IM10-011

3

240.4

237.4

0.533

2.2

0.14

0.83

including

3

57

54

1.17

3.4

0.23

1.64

including

185

240.4

55.4

0.593

2.6

0.19

0.99

and

291.5

306.6

15

0.236

1

0.09

0.42

and

380

405

25

0.359

0.9

0.06

0.47

IM10-012

8.2

52

43.8

0.169

1.9

0.1

0.39

 

207

226

19

0.353

2.3

0.1

0.57

 

340.9

360

19

0.669

0.3

0.01

0.68

IM10-013

42

404

362

0.557

2

0.11

0.8

including

42

294

252

0.707

2.6

0.15

1.02

Porphyry-style

50.1

165

114.9

1.251

4

0.23

1.74

Lower Zone

265

294

29

0.481

1.9

0.12

0.74

*Gold equivalent calculations based on full recoveries and $550 per ounce gold, $8 per ounce silver, $1.50 per pound copper.



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14.0

SAMPLING METHOD AND APPROACH


There are no records describing the sampling method and approach used by Cominco in their 1988-89 drilling.  


Rock, float, stream sediments and soil sampling procedures used by Kennecott were documented in the previous technical report (Couture, 2007).  Assaying results from this sampling were considered for resource estimation.  


Core assay samples were collected from half core sawed lengthwise with a diamond saw.  The procedures indicate that the saw is cleaned regularly to avoid potential cross-sample contamination.  


Sample intervals vary between 0.2 to over ten metres in length honouring geological, alteration and mineralization boundaries.  In intervals with visible sulphides, however, samples average 2.0 metres in length.  Outside visible sulphide zones, assay samples average three metres in length.  Sampling intervals were marked by a geologist and core was typically sampled continuously between sampling marks.  One borehole (04-DD-WP-01) was apparently not sampled by Kennecott.  


Geoinformatics and now Kiska have applied the same sampling practices used by Kennecott.  For core sampling, assay samples are collected over regular two-metre intervals when sulphides are visible and at regular three-metre intervals otherwise.  Core assay samples were collected from half core sawed lengthwise with a diamond saw.  Sample intervals honour geological, alteration and mineralization boundaries.  



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15.0

SAMPLE PREPARATION, ANALYSES AND SECURITY


The following section is adapted from SRK 2008, “Mineral Resource Estimation Whistler Copper-Gold Project, Alaska Range, Alaska”.


The sample preparation and analytical procedures used by Cominco Alaska Inc are not known.  Core samples were assayed for gold, silver and copper and occasionally for a suite of eight other metals (arsenic, cobalt, iron, manganese, molybdenum, nickel, strontium and zinc) at an undetermined laboratory.  It is not known if quality control samples were inserted into the sampling stream.  


Kennecott sampling was conducted using documented procedures describing all aspects of the field sampling and sample description process, handling of samples, and preparation for dispatch to the assay laboratory.  


Kennecott used a documented chain of custody procedure to monitor and track all sample shipments departing the base camp until the final delivery of the pulp to the assaying laboratory.  The procedures include the use of security seals on containers used to ship samples, detailed work and shipping orders.  Each transfer point is recorded on the chain of custody form until the final delivery of the pulp to the assay laboratory.  


All soil, rock chips, core, and stream sediments samples were organized into batches of samples of a same type and prepared for submission to Alaska Assay Laboratories Inc.  in Fairbanks, Alaska for preparation using standard preparation procedures.  This laboratory is part of the Alfred H.  Knight group an established international independent weighing, sampling and analysis service company.  


Kennecott used two primary laboratories for assaying samples prepared by Alaska Assay Laboratories Inc.  The samples collected during 2004 were assayed by Alaska Assay Laboratories Inc.  in Fairbanks, Alaska.  All pulverized samples collected in 2005 and 2006 were submitted to ALS-Chemex Laboratory in Vancouver, British Columbia for assaying.  The ALS Chemex Vancouver laboratory is accredited to ISO 17025 by the Standards Council of Canada for a number of specific test procedures, including fire assay for gold with atomic absorption and gravimetric finish, multi-element inductively coupled plasma optical emission spectroscopy and atomic absorption assays for silver, copper, lead and zinc.  ALS-Chemex laboratories also participate in a number of international proficiency tests, such as those managed by CANMET and Geostats.  


Kennecott used two secondary laboratories for check assaying.  ALS-Chemex re-assayed 191 pulp samples from the 2004 sampling programs.  Acme Analytical Laboratories Ltd. of Vancouver, British Columbia was used as a secondary laboratory in 2005 and 2006.  


Core samples were prepared for assaying using industry standard procedures.  Five hundred grams of coarsely crushed core samples were pulverized to ninety percent passing a -200 mesh screen.  Two-hundred and fifty grams of rock samples were pulverized to eighty-five percent passing a -150 mesh screen.  Pulverized core and rock samples collected in 2004 were assayed by Alaska Assay Laboratories in Fairbanks for gold using a fire assay procedure and atomic absorption finish (method code FA30) on thirty grams charges and for a suite of nine metals using an aqua regia digestion and inductively coupled plasma scan (method code ICP-2A).  Core and rock samples collected after 2004 were assayed by ALS-Chemex for gold by fire assay and atomic absorption finish (Au-AA23) on thirty gram sub-samples and for a suite of thirty-four elements (including copper and silver) by aqua regia digestion and ICP-AES (method code ME-ICP41) on 0.5 gram sub-samples.  Elements exceeding concentration limits of ICP-



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AES were re-assayed by single element aqua regia digestion and atomic absorption spectrometry (method code element-AA46).  


For the drilling samples, Kennecott used comprehensive quality control samples with all samples submitted for assaying.  Each batch of twenty core samples submitted for assaying contained one sample blank, one of three project specific standards, a field duplicate and a coarse crushed duplicate.  They were inserted blind to the assay laboratory except for the coarsely crushed sample duplicates that were inserted by the preparation laboratory.  


All samples collected by Geoinformatics were submitted to Alaska Assay Laboratories for preparation.  Pulps were submitted to ALS-Chemex by the preparation laboratory for assaying.  Geoinformatics used the sample preparation and assaying protocols and quality control measures developed by Kennecott.  Gold was assayed by fire assay and atomic absorption finish (Au­AA23) on thirty gram sub-samples and for a suite of thirty-four elements (including copper and silver) by aqua regia digestion and ICP-AES (method code ME-ICP41) on 0.5 gram sub-samples.  Elements exceeding concentration limits of ICP-AES were re-assayed by single element aqua regia digestion and atomic absorption spectrometry (method code element-AA46).  


Quality control measures are typically set in place to ensure the reliability and trustworthiness of exploration data.  This includes written field procedures and independent verifications of aspects such as drilling, surveying, sampling and assaying, data management and database integrity.  Appropriate documentation of quality control measures and regular analysis of quality control data are important as a safeguard for project data and form the basis for the quality assurance program implemented during exploration.  


Analytical control measures typically involve internal and external laboratory control measures implemented to monitor the precision and accuracy of the sampling, preparation and assaying.  They are also important to prevent sample mix-up and monitor the voluntary or inadvertent contamination of samples.  Assaying protocols typically involve regular duplicate and replicate assays and insertion of quality control samples to monitor the reliability of assaying results throughout the sampling and assaying process.  Check assaying is typically performed as an additional reliability test of assaying results.  This typically involves re-assaying a set number of sample rejects and pulps at a secondary umpire laboratory.  


The exploration work conducted by Kennecott was carried out using a quality assurance and quality control program exceeding industry best practices as documented in a data management manual describing all aspects of the exploration data acquisition and management including mapping, surveying, drilling, sampling, sample security, assaying and database management.  


For drilling, Kennecott implemented comprehensive external analytical quality control measures.  Control samples were inserted in all batches of twenty core samples submitted for preparation and assaying at a rate of one blank, one project specific standard, one field duplicate, one coarsely crushed duplicate and one pulp replicate.  The pulp duplicates were organized in batches of twenty-five to fifty samples and submitted by Alaska Assay Laboratories to the Acme Assay Laboratories for check assaying and screen tests.  Kennecott also relied on the internal control measures implemented by the primary laboratory.  


Two sample blanks were used by Kennecott.  A barren andesite rock (OPPBLK-1) collected on outcrop (522,399 metres east and 6874,144 metres north; Nad27, zone 5) and a barren porphyritic andesite (WP-BLK-1) intersected in borehole 04-DD-WP-01.  A blank sample (1-3 kilograms in weight) was usually inserted after a “mineralized” core sample at a rate of one in twenty samples.  




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For the Whistler project, Kennecott fabricated three project specific standards (WPCO1, WP-MG1 and WP-HG1; Table 3) from coarse rejects from two boreholes drilled at Whistler (WP04-04-17 and WH04-01-17).  Coarse rejects from core samples were aggregated to create three composite samples yielding low, medium and high copper and gold values.  Each composite sample was prepared by Alaska Assay Laboratory to yield homogenized pulverized samples.  Five separate sub-samples of each standard were then submitted to five commercial laboratories for assaying.  Each standard sample was assayed twice at each laboratory yielding fifty assay results that were analyzed to determine the tolerance intervals reported in Table 3 for each standard.  


[whistlerresourceestimate1029.gif]


The quality control program developed by Kennecott was mature and overseen by appropriately qualified geologists.  Geoinformatics implemented the Kennecott procedures.  


In the opinion of MMTS, the exploration data from the Whistler project was acquired by Kennecott and Geoinformatics using adequate quality control procedures that generally meet or exceed industry best practices for a drilling stage exploration property.  


[whistlerresourceestimate1030.jpg]

Photo 15-1

Samples at Airstrip Ready for Shipping




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[whistlerresourceestimate1031.jpg]

Photo 15-2

Sampling Protocol


[whistlerresourceestimate1032.jpg]

Photo 15-3

Sample Bags with Security Tags





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[whistlerresourceestimate1033.jpg]

Photo 15-4

Sample Dispatch Form




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16.0

DATA VERIFICATION


MMTS has completed numerous verification steps, including:

·

Site visit, 13 and 14 September 2010, where the following jobs were observed, drilling, core logging, sampling, and database management.  Old drillhole collars were located by GPS, and drill core was examined.

·

Comparing original assay results against the database, a total of 1,258 entries for Au, Cu, and Ag.  

·

Completing checks on the QA/QC program.


Kiska implemented a QA/QC program which included blanks, duplicates, field duplicates, and standards.


Table 16-1 shows the number and type of QA/QC samples from the 2010 drilling program.


Table - 2010 QA/QC Sampling Program

Sample Type

No. Samples

Percent of Total

Original

1171

79.7

Standards

74

5.1

Blanks

77

5.2

Duplicates

75

5.1

Field Dups

72

4.9

Total

1469

100


Results from the blank sampling program are shown in Figures 16-1 to 16-9.  For gold, the results generally show very low gold content, with highs of 16ppb in 2007, 400ppb in 2008 (one sample), and 325ppb in 2010 (two samples).  For silver, there is a high of 1ppm in 2007, 5.5ppm in 2008, and 1.8ppm in 2010.  For copper, high values include 160ppm in 2007, 1800ppm in 2008, and 3250ppm in 2010.



[whistlerresourceestimate1035.gif]

Figure - 2007 Blank Samples, Gold








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[whistlerresourceestimate1037.gif]

Figure - 2007, Silver Blank Samples




[whistlerresourceestimate1039.gif]

Figure - 2007 Blank Samples, Copper




[whistlerresourceestimate1041.gif]

Figure - 2008 Blank Samples, Gold









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[whistlerresourceestimate1043.gif]

Figure - 2008 Blank Samples, Silver




[whistlerresourceestimate1045.gif]

Figure - 2008 Blank Samples, Copper




[whistlerresourceestimate1047.gif]

Figure - 2010 Blank Samples, Gold






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[whistlerresourceestimate1049.gif]

Figure - 2010 Blank Samples, Silver



[whistlerresourceestimate1051.gif]

Figure - 2010 Blank Samples, Copper


Field duplicate samples represent core samples that have been quartered.  Table 16-2 summarizes the field duplicate results.  The F-test is a comparison of variances and the results indicate that the variances for all three elements appear to represent the same population.  The Student’s T-test is a comparison of means, and again, for all three elements the results indicate that the means appear to represent the same population.


Table - Summary of Duplicate Samples

Parameter

Au (ppb)

Au (ppb)

Ag (ppm)

Ag (ppm)

Cu (ppm)

Cu (ppm)

Orig.  

Dup.  

Orig.  

Dup.  

Orig.  

Dup.  

Population

245

241

247

239

237

237

Minimum

4

0

0

0

4

4

Maximum

2180

3310

13

11

5670

10000

Mean

190.51

196.51

1.30

1.14

1042.08

1057.45

Standard Deviation

293.19

338.81

1.71

1.44

1081.82

1214.95

CV

1.539

1.724

1.320

1.261

1.038

1.149

F-test

0.749

 

1.414

 

0.793

 

Student's T-test

0.21

 

1.08

 

0.15

 





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[whistlerresourceestimate1053.gif]

Figure - Duplicate Samples, Gold



[whistlerresourceestimate1055.gif]

Figure - Duplicate Samples, Silver








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[whistlerresourceestimate1057.gif]

Figure - Duplicate Samples, Copper


The standard sampling program involves inserting a standard into the sample stream every 20 samples.  Standard OREAS-54Pa has an accepted gold content of 2.9ppm with a standard deviation of 0.102ppm, and an accepted copper content of 15500ppm with a standard deviation of 242.536ppm, and was used seventeen times.  As shown in Figures 16-13 and 16-14, Au was reported low once, while Cu was reported high once.


[whistlerresourceestimate1059.gif]

Figure - Standard Sample, OREAS-54Pa, Gold





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[whistlerresourceestimate1061.gif]

Figure - Standard Sample, OREAS-54Pa, Copper


Standard OREAS-53Pb has an accepted gold content of 0.623ppm with a standard deviation of 0.102ppm, and an accepted copper content of 5460ppm with a standard deviation of 845.818ppm, and was used twelve times.  As shown in Figures 16-15 and 16-16, both Au and Cu were reported high once and low once.


[whistlerresourceestimate1063.gif]

Figure - Standard Sample, OREAS-53Pb, Gold



[whistlerresourceestimate1065.gif]

Figure - Standard Sample, OREAS-53Pb, Copper




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Standard OREAS-52c has an accepted gold content of 346ppb with a standard deviation of 17ppb, and an accepted copper content of 0.344% with a standard deviation of 0.009%, and was used thirty-six times.  As shown in Figures 16-17 and 16-18, both Au were reported high once, while Cu was reported low once.



[whistlerresourceestimate1067.gif]

Figure - Standard Sample, OREAS-52c, Gold




[whistlerresourceestimate1069.gif]

Figure - Standard Sample, OREAS-52c, Copper



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[whistlerresourceestimate1070.jpg]

Photo 16-1

Whistler, drillhole 07-06


[whistlerresourceestimate1071.jpg]

Photo 16-2

Whistler, drilling hole 10-23




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[whistlerresourceestimate1072.jpg]

Photo 16-3

Whistler, core storage area near camp



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17.0

ADJACENT PROPERTIES


There are no adjacent properties considered relevant to this technical report.  



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18.0

MINERAL PROCESSING AND METALLURICAL TESTING


Preliminary metallurgical test-work was carried out at Dawson Metallurgical Laboratories Inc. (DML) in Salt Lake City Utah from September 2004 until early 2005 with a final report being issued in March of 2005 by George Nadasdy.  Portions of that report are excerpted here to define the materials tested and the general approach to the testing.  The work was carried out under the direction of Rio Tinto Technical Services representing Kennecott.


18.1

Summary of Preliminary Metallurgical Testing, Whistler Deposit

Three different sample composites were tested.  The samples were differentiated by sample history and particle size and also by lead/zinc content.  The three designations were Original Composite, New Core Sample and Low Lead-Zinc Composite.  


18.1.1

Sample Preparation

A total of approximately 180, coarse assay reject interval samples were received at our laboratory on September 13, 2004 from Kennecott Exploration.  All of the individual samples from the entire drillhole WH-04-05-21 (from 2.32 to 328.56 meters) were received.  Kennecott selected an ore interval (from 117.6 to 200.2 meters) from this drillhole for testing.


The original composite was produced by including every other individual assay reject sample from the 117.6 to 200.2 meter ore interval.  The original composite represented a total of 42.2 meters of ore and weighed 88.7 kg.  The composite was air dried and stage crushed to minus 10 mesh in preparation for testing.  The minus 10 mesh composite was mixed in a “V” cone blender and split into batches.  A 50 kg test sample was rotary table split into 2.0 kg test charges.  A 37.6 kg reserve sample was also made.  All ore samples were kept in our laboratory freezers to reduce sample oxidation.


Initial test work on the original composite produced low rougher concentrate copper grades due to sulfide activation (pyrite, galena and sphalerite floating along with the chalcopyrite).  On November 10, 2004, a second Whistler ore sample was received at our laboratory for testing.  This second sample was the remaining ½ of Kennecott’s cut core from the same drillhole (WH-04-05-21) and represented material from 140.6 to 155.3 meters.  Some of the higher grade lead-zinc core was removed by Kennecott geologists and not included in this second sample.  This core sample was designated by our laboratory as the “new core sample”.  The new core sample weighed 20.0 kg; it was stage crushed to minus 10 mesh, mixed in a “V” cone blender and then rotary table split into 2.0 kg test charges.


A third Whistler ore sample was prepared at our laboratory at the end of November for continued test work and was designated by our laboratory as the low lead-zinc composite.  The low lead-zinc composite was made from the remaining individual coarse assay reject samples not used in the original composite (from 117.6 to 200.2 meters).  At the direction of Mr. Sawyer, selected high grade lead-zinc samples were omitted from this low lead-zinc composite.  The low lead-zinc composite weighed 71 kilograms and was prepared in a similar fashion to the original composite.



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18.1.2

Testing

Three (3) separate ore samples from the gold-copper bearing Whistler project in Alaska were tested at our laboratory from September 2004 through March 2005.  Preliminary metallurgical test work included gravity concentration or flotation to recover the copper and gold.  The three (3) ore samples were designated by our laboratory as: the original composite, the new core sample and the low lead-zinc composite.  Test work conducted on the three (3) Whistler ore samples included the following:


1.

Original Composite: DML comparative (ball mill) grind work index test; a gravity centrifugal concentration and amalgamation test; a head assay screen at a (RM) P80=140m grind; rougher kinetic-reagent scoping tests; rougher kinetic-pH tests (pH 9.3, 10.0 and 10.8); three (3) stage cleaning tests at different primary and regrind sizes and cleaner tests at pH 9.3 or 11.0.


2.

New Core Sample: a gravity concentration and amalgamation test; a rougher kinetic grind series P80= 162, 111, 80 and 66 microns and a three (3) stage cleaner test at a P80=80m primary grind, a P80=48m regrind size and a cleaner pH of 9.3.


3.

Low Lead-Zinc Composite: a rougher kinetic test at a P80=80m grind; three (3) stage cleaning tests at a P80=80m primary grind and P80=37m regrind and a cleaner pH of 9.3 or 11.0.  A cleaner test was also conducted with SO2 added to the first cleaner.  A final cleaner test was conducted to generate a third cleaner concentrate for a suite of assays for smelter evaluation.

18.1.3

Results from Preliminary Testing

The initial work on the Original Sample resulted in lower than expected rougher and cleaner grades and high levels of lead and zinc reporting to the cleaner concentrate.  This was attributed to both the high lead and zinc in the feed and the fact that the composite was created from assay rejects that had potentially aged at a relatively fine crush between core preparation and metallurgical testing.


The high lead and zinc values in the Original Sample were essentially concentrated in two of the twenty-five intervals used to make up the composite.  For the two subsequent composites the high lead-zinc intervals were left out of the mix.  In addition, the second sample to be tested (New Core Sample) was produced from ½ section core that provided less opportunity for the deleterious effects of ageing when stored under ambient  atmospheric conditions at finer sizes.


In general it was found in the early work that gravity recovered gold was in the finer size ranges with an average gold grain size of minus 400 mesh (37 microns) so this avenue was not pursued in later test work on the assumption that liberated gold would be recovered through flotation.


In general, it was also found that a primary grind of ~80% passing 80 microns was required for best recovery of both copper and gold.


Below is the excerpted Table from the Dawson report indicating cleaning test results for the three composites.  The 3rd Cleaner copper grade increased from 16% to 21% to 23% for the Original, Low Pb-Zn and New Core samples respectively.  Copper recoveries were 80% to 84% with gold ranging from 60% to 65%.



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Table - Three Stage Cleaning Tests

[whistlerresourceestimate1074.gif]


The poor performance on the original composite material was attributed to the high lead and zinc content and the effects of sample size and ageing.  The New Core material responded best and the results with the Low Pb-Zn were close but not up to the level of the core.  Thus there was a significant improvement with the exclusion of the high Pb-Zn intervals and a further improvement with the “fresh” half core.  Crushed assay rejects are generally problematic for test work with samples containing copper, lead and zinc minerals.


As per the Table, regrind sizes ranged from 34 to 53 microns.  This leaves some potential for finer regrinding to improve cleaner separations if necessary in the future.  In addition, there is further potential for copper cleaner enhancement with a higher pH regime in that part of the circuit as long as it does not have a significant negative effect on gold recoveries.


The DML report further indicates that in an analysis of cleaner test products the gold values tend to track closely with the deportment of the copper as opposed to following the iron.


18.1.4

Preliminary Conclusions

In any future work care must be taken to ensure the material to be tested is as fresh as possible and has been stored in such a manner as to minimize the potential for surface oxidation.  The resource data must be analyzed to assess the presence, level and distribution of lead and zinc throughout the deposit and appropriate samples selected for metallurgical testing so that they reflect the nature of the resource and the likely plant feed.  Care must also be taken to ensure that the copper and gold grades of the feed for any further test work reflect the expected levels in the resource.


For first pass metallurgical testing reasonable copper and gold recoveries have been achieved at less than optimum concentrate copper grades.  Care and attention to sample preparation and handling (as mentioned above) along with more in depth testing should allow for improvements in both recoveries and grades.  Further reagent screening should be carried out both to enhance recoveries and selectivity and to attempt to allow for processing at a coarser primary grind.




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Combined cleaner and scavenger tails account for the loss of 29% to 35% of the contained gold and 10% to 14% of the copper.  These preliminary cleaning tests all involved open circuit cleaning.  In the normal course of more detailed flowsheet development (reagent and regrind optimization plus closure of the cleaning circuit) one could potentially expect to be able to improve copper recoveries to ~85% into a concentrate with a copper grade in the range of 25% to 27%.  A combination of the flotation improvements and the application of additional gold recovery techniques in the cleaner circuit might potentially improve gold recovery to the 75% range.


In addition, as mentioned above, future test-work should be carried out on material with feed grades reflecting the likely grade that would be mined and sent to the plant.  Lower feed grades tend to somewhat reduce metal recoveries.


18.2

Summary of Preliminary Metallurgical Testing, Island Mountain Deposit (August 21, 2010)

18.2.1

Introduction

Two holes (IM09-001 and IM09-002) were drilled at Island Mountain in 2009.  These holes produced interesting gold and copper values and also what appeared to be “interesting” associations between the contained gold, copper, pyrrhotite and magnetite.  It was decided to carryout preliminary metallurgical test work on the available sample material in order to assess the mineralogical associations and the potential for effective treatment of the rock to recover the valuable metals.  Core logging indicated an apparent difference between the upper and lower material.  The upper unit had higher copper but lower gold values and the lower material tended to contain more pyrrhotite.  The lower region also represented the greater tonnage potential.

18.2.2

Sample Selection

The drill data had been assessed in terms of a Gold Equivalent whereby copper and silver values were added to the gold value based on assumed recoveries of 75% for Au and Ag and 80% for Cu.  Assumed prices were $550, $8, $1.50 respectively for the three metals.  A simple Gold Equivalent cut-off of 0.30 g/t ($5.30/tonne at $550/Oz) was taken.  Based on this cut-off 72 out of 81 two metre intervals were selected from the upper 162 metres of IM09-001 to form an Upper Composite.  Similarly 75 out of 111 two metre intervals were selected to form a Lower Composite form the lower 222 metres of the hole.  From hole IM09-002 only 20 of 99 intervals surpassed the selected cut-off.  As the higher grade units were distributed erratically throughout the length of the hole none of this material was used for the metallurgical work.


Quarter core was available for composite preparation and it was shipped to G&T Metallurgical in Kamloops BC for composite assembly and the metallurgical testing.



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18.2.3

Feed Grade

The following Table provides the analyses of the elements of interest in the two composites.


Table - Summary of Analysis of Composites from IM09-001 and IM09-002

 

Cu

Pb

Zn

Fe

S

Ag

Au

C

Upper Comp Head - 1

0.15

0.06

0.02

8.50

2.36

3.20

0.49

0.10

Upper Comp Head - 2

0.15

0.06

0.02

8.30

2.08

3.70

0.44

0.09

Average

0.15

0.06

0.02

8.40

2.22

3.45

0.46

0.09

Lower Comp Head - 1

0.050

0.06

0.01

5.70

2.77

2.30

0.80

0.17

Lower Comp Head - 2

0.048

0.06

0.01

5.90

2.82

1.60

0.90

0.19

Average

0.049

0.06

0.01

5.80

2.80

1.95

0.85

0.18

 

%

%

%

%

%

g/t

g/t

%


The copper values in the Upper Composite are on the lower side of normal feed grades whereas the copper values in the Lower Composite are well below where one would generally expect to make saleable copper concentrate grades with any significant recovery.  The gold however, particularly in the Lower material, contributes a significant value to the feed.

18.2.4

Test Program

Various processing options were applied to the sample material in order to assess both the association between the gold and the other minerals and to assess the potential for economic recovery of the copper and gold.


The preferred and simplest option would be to produce a saleable copper concentrate containing the bulk of the copper and also the bulk of the gold.  Another possible route would be to leach the gold from the whole ore with cyanide.  The leaching approach could possibly produce good gold recovery but would not recover copper values and would likely involve significant cyanide consumption due to the copper content of the feed.  Hybrid approaches would involve the selective flotation of a saleable copper concentrate with some of the gold and leaching of some or all of the flotation tailings to recover un-floated gold values.


As well as recovery considerations, a significant concern in cyanide leaching arises from the consumption of cyanide by other metals and minerals in the feed material.  Of particular interest are copper and pyrrhotite.  Depending on the form and activity of the copper and iron minerals significant quantities of cyanide can be tied up as copper and iron cyanides.


The current test program included bulk flotation of copper and gold, selective flotation of copper, cyanidation of the feed material and cyanidation of the combined tailings from selective open circuit cleaning tests performed on each of the composites.  Due to the expectation that the Lower Composite likely represented the greater portion of “minable” material test work addressed this sample with confirmatory work then being applied to the Upper Composite.



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18.2.5

Metallurgical Results


Bulk Flotation

Various grinds plus some pH modification were applied to the bulk rougher flotation of both composites.  In general the best copper recoveries were achieved with flotation at a grind of ~ 80% passing 100 microns and a pH of 10.  Gold recoveries were not as sensitive to the changes.


Table - Bulk Flotation Results

 

 

Copper

 

 

Gold

 

Material

Feed

Conc

Rec

Feed

Conc

Rec

 

% Cu

% Cu

%

g/t

g/t

%

Upper Composite

0.15

0.90

79.66

0.50

2.82

74.41

Rougher

 

 

 

 

 

 

Lower Composite

0.05

0.41

89.15

0.96

7.12

80.41

Rougher

 

 

 

 

 

 

Lower Composite

0.05

0.31

87.94

0.94

5.41

81.02

Rougher

 

 

 

 

 

 

Lower Composite

0.05

1.40

76.02

0.94

39.40

70.73

Cleaner

 

 

 

 

 

 


Copper recoveries were reasonable considering the low head grades – particularly in the case of the Lower Composite.  However, given the value of gold in the feed, gold recoveries were considered to be too low.  In addition, a saleable copper concentrate would require a 15 to 20 fold increase in the copper grade which would further decimate the recovery of both metals.


The low gold recoveries also indicate that there is gold associated with some other mineral that is not floating in the non-selective bulk circuit.


Selective Flotation

Reagent changes were made to try and float a cleaner copper concentrate using open circuit cleaning.


Table - Selective Cleaner Flotation

Material

Feed

Conc

Rec.

Rougher

Feed

Conc

Rec.

Rougher

 

% Cu

% Cu

Cu - %

Rec.

Au g/t

Au g/t

Au - %

Rec.

 

 

 

 

 

 

 

 

 

Upper

0.14

22.5

63.4

77.3

0.50

51.3

42.7

61.5

 

 

 

 

 

 

 

 

 

Lower

0.05

23.3

70.6

84.1

0.99

294

44.0

45.6


The selective flotation produced similar but somewhat lower copper rougher recoveries than those achieved in the bulk flotation circuit.  There is a potential to improve these with further optimization.  The copper loss between roughing and cleaning was similar to that experienced in the bulk circuit.  Both these aspects can be addressed by further reagent and operating condition adjustments.  Further test work with closed circuit cleaning will significantly reduce the cleaning circuit losses.  Gold recovery was much



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lower during roughing and was significantly reduced during cleaning for the Upper Composite.  This confirms the earlier suggestion that there is a significant portion of the gold that is associated with some mineral or minerals other than the copper bearing ones.

18.2.6

Whole Ore Leach

The whole ore leach approach worked well – particularly for the Lower Composite.


Table - Whole Ore Cyanidation

 

Feed

Residue

Recovery

Cyanide

Cyanide

 

 

 

 

Strength

Consumption

 

g/t

g/t

%

kg/t

kg/t

 

 

 

 

 

 

Upper Composite

0.54

0.06

89.06

2.00

1.82

 

 

 

 

 

 

Lower Composite

0.82

0.08

90.22

0.50

0.46


For both composites ~90% of the gold was extracted in 48 hours.  Higher solution strength was required for the Upper Composite and this resulted in significantly higher cyanide consumption.

18.2.7

Leaching of Selective Flotation Tails

Based on the results of the whole ore leach and the selective cleaner flotation, the flotation tailings for both composites were leached in cyanide for 48 hours at solution strength of 0.50 kg/t.


Table - Cyanidation of Selective Flotation Tailings

 

Feed

Residue

Recovery

Cyanide

Cyanide

Flotation +

 

 

 

 

Strength

Consumption

Cyanidation

 

 

 

 

 

 

Recovery

 

g/t

g/t

%

kg/t

kg/t

%

 

 

 

 

 

 

 

Upper Composite

0.18

0.08

56.52

0.50

0.40

75.08

 

 

 

 

 

 

 

Lower Composite

0.51

0.09

81.44

0.50

0.38

89.60


Leaching results were particularly good for the Lower Composite at 81% and the overall recovery by flotation and cyanidation was almost 90%.  Similar to the results of the whole ore leach, the leaching conditions for the Upper Composite can likely be optimized to improve the extent and rate of leaching for the flotation tailings from the Upper material.

18.2.8

Overall Recoveries

Potentially 90% of the gold in the Lower Composite can be recovered either by direct cyanidation or by flotation followed by cyanidation of the flotation tailings.  Similarly almost 90% of the gold can be leached from the Upper Composite and further work should improve the overall gold recovery from this material by the combined flotation-leach approach.


More in depth work should be performed to improve flotation grades and recoveries.  In addition, once an optimized flotation approach has been established the opportunities to produce a high grade copper concentrate followed by the production of a low grade gold concentrate for subsequent leaching should be investigated.  This could substantially reduce the capital and environmental ramifications of whole ore or full tailings leaching.



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18.2.9

Conclusions

The preliminary testing has Indicated that the Island Mountain material tested is amenable to copper recovery by flotation and that the gold is relatively free milling.  This is particularly true of the greater portion of the material represented by the Lower Composite.  The results indicate that in the range of 90% of the gold in the Lower Composite can be recovered by either whole ore leaching or a combination of flotation and leaching of the tailings.  With further development work, copper flotation recoveries will likely rise to the 80% Range for the Lower Composite.


Similarly, gold recovery in the range of 90% can be achieved by whole ore leaching of the Upper Composite.  Further flotation work on the Upper Composite will improve both copper and gold recoveries to concentrate.


For both materials metallurgical development and assessment work is required to develop the best flowsheet with respect to capital and operating costs, metal recoveries and overall economics.



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19.0

MINERAL RESOURCE AND MINERAL RESERVE ESTIMATES


The Mineral Resource estimate for the Whistler deposit is prepared by Susan Bird under direct supervision of R.J. Morris, both with MMTS.  This represents an update from the 2008 resource estimate based on 2010 drilling and updated geology.  The resource model is built using MineSightÒ, an industry standard in geologic modeling and mine planning software.  The three dimensional block model has block dimensions 20mx20mx10m to cover the extent of the mineralized zone, as well as all pit limits tested.  A three dimensional solid based on geology of the porphyry deposit is used to constrain the limits of mineralization in the block model.  Gold, copper, and silver grades are interpolated into each block based on ordinary kriging.  The resource is then classified as Indicated or Inferred based on CIM Definition Standards (CIM, 2005).


19.1

Introduction

The Whistler deposit is a structurally controlled porphyry deposit with Au, Cu and Ag as the primary economic metals.  There have been three major intrusive episodes which define the mineralization at Whistler, the earliest, Main Stage Porphyry (MSP), being that of principal mineralization.  A major northwest trending fault (the Divide Fault) is used to segregate the mineralization into two domains prior to grade interpolation.  There is some evidence that lateral offsets of as much as 100m may have occurred along this fault.


Statistical analysis (cumulative probability plots, histograms, classic statistical values) of the assay data is used to confirm the domain selection, to decide if capping is necessary, and to determine the extent of non-mineralized zones within the diorite solid.  Assay data is then composited into 5m intervals, honoring the domain boundaries, with composite statistics also compiled for comparison with assay and block model data.  The composites are used to create relative variograms for Au, Cu and Ag grades using the MSDA module of the MineSightÒ software, thus establishing rotation and search parameters for the block model interpolation.


Validation of the model is completed by comparison of the block values with de-clustered composite values, with values interpolated by inverse distance, by the use of swath plots, tonnage grade curves, as well by a visual inspection in section and plan across the property.


Specific gravity values are based on 21 measurements by ALS Chemex to give an average density of 2.72 for ore, and 2.60 for waste.


19.2

Assay Data

Drillhole data includes all 48 holes drilled at the Whistler deposit, including five holes drilled in 2008 and five in 2010, which were not available for the previous (SRK, 2008) resource estimate.  A 3D solid of the diorite intrusion has been created based on the geology in the assay data.  The assay data has also been used to define the Divide Fault as a major fault used to define domains within the deposit.  Figure 19-1 is a three dimension plan view of the drilling, showing the mineralized rock types as Indicated by the assay data, and the domain solids.




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[whistlerresourceestimate1076.gif]

Figure - Mineralized Assay Intervals and Domains of the Diorite Solid


A three dimensional view looking north of the diorite and fault as modeled is illustrated in Figure 19-2.


[whistlerresourceestimate1078.gif]

Figure - Divide Fault and Domains Modeled from Assay Data Geology




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Within the mineralized diorite body, non-mineralized intervals Indicated by assay data have been determined to be of insignificant length and occurrence.  This is evident from Figure 19-1 which indicates the scarcity and discontinuity of any non-mineralized intervals.  Statistics of the assays for the mineralized and non-mineralized zones within the diorite (summarized in Table 19-1) also indicate the relative lack of non-mineralized rock types with only 532 intervals in all the drillholes, representing only 5% of the data.


Table - Summary Statistics of Assay Data, Mineralized and Non-Mineralized Intervals

 

Au

Cu

Ag

Assay interval

Parameter

Mineralized

Un-Mineralized

Mineralized

Un-Mineralized

Mineralized

Un-Mineralized

Mineralized

Un-Mineralized

Num Samples

9952

513

9951

513

9937

513

9982

532

Missing Samples

30

19

31

19

45

19

0

0

Mean

0.3401

0.133

0.1286

0.0607

1.7653

1.3471

1.6001

1.6844

Min

0.001

0.001

0

0

0.001

0.001

0.01

0.01

Max

10.667

5.18

3.09

0.607

186

39

6.1

9.9

SD

0.5816

0.3833

0.1475

0.0772

5.1967

2.3218

0.8246

1.1771

Variance

0.3382

0.1469

0.0217

0.006

27.0053

5.3906

0.68

1.3855

CV

1.7098

2.8817

1.1463

1.2716

2.9438

1.7235

0.5154

0.6988

Weighted mean

0.3128

0.106

0.122

0.0551

1.6177

1.2

1.6001

1.6844

Weighted SD

0.549

0.2872

0.1367

0.0656

4.2387

1.8863

0.8246

1.1771

Weighted variance

0.3014

0.0825

0.0187

0.0043

17.9669

3.5582

0.68

1.3855

Weighted CV

1.7552

2.7099

1.1206

1.1915

2.6202

1.5719

0.5154

0.6988


Cumulative probability plots (CPP) are used to define the two domains as separate populations for block model interpolation.  Figures 19-2 and 19-3 show the CPP plots for Au and Cu respectively, by domain.  The assay statistics of each domain are summarized in the Table 19-2.  These indicate that the domains have separate populations, with Domain 1 (east of the Divide fault) having higher grades.  Because these plots indicate a near linear trend even at higher grades, no capping of the assays data prior to compositing is deemed necessary.



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[whistlerresourceestimate1080.gif]

Figure - CPP of Au Assay Data by Domain


[whistlerresourceestimate1082.gif]

Figure - CPP of Cu Assay Data by Domain



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Table - Summary Statistics of Assay Data by Domain

 

Au

Cu

Ag

Parameter

Domain 1

Domain 2

Domain 1

Domain 2

Domain 1

Domain 2

Num Samples

6424

4056

6424

4055

6414

4051

Num Missing Samples

20

33

20

34

30

38

Mean

0.3988

0.2214

0.1323

0.1145

1.7996

1.6581

Min

0.001

0.001

0

0

0.001

0.001

Max

10.667

4.53

3.09

1.305

151.8

186

SD

0.6893

0.288

0.1611

0.1159

4.2337

6.2116

Variance

0.4751

0.083

0.0259

0.0134

17.924

38.5837

CV

1.7283

1.301

1.2179

1.0117

2.3526

3.7462

Weighted mean

0.3751

0.2023

0.1268

0.1075

1.684

1.477

Weighted SD

0.6641

0.2646

0.1511

0.1075

3.719

4.691

Weighted variance

0.441

0.07

0.0228

0.0115

13.8312

22.0059

Weighted CV

1.7702

1.3077

1.1914

0.9999

2.2084

3.176


19.3

Compositing

A compositing of Au, Ag and Cu grades has been done as 5m fixed length composites.  Small intervals less than 2m are merged with the up hole composite if the composite length is less than 5m.  Domain boundaries are honored during compositing.  The composites are also coded with the Domain codes from the solids.  Table 19-3 summarizes the statistics of the composite data.


Table - Summary Statistics of Composite Data by Domain

 

Au

Cu

Ag

Parameter

Domain 1

Domain 2

Domain 1

Domain 2

Domain 1

Domain 2

Num Samples

1958

1423

1958

1423

1957

1422

Num Missing Samples

1

10

1

10

2

11

Mean

0.3723

0.2014

0.1259

0.107

1.6612

1.466

Min

0.001

0.001

0

0

0.001

0.001

Max

8.185

2.063

1.475

1.052

62.059

70.476

SD

0.5908

0.2326

0.1311

0.0952

2.4373

3.0201

Variance

0.3491

0.0541

0.0172

0.0091

5.9404

9.1209

CV

1.5871

1.1548

1.0412

0.8892

1.4672

2.0601

Weighted mean

0.3737

0.2017

0.1262

0.1072

1.6603

1.467

Weighted SD

0.5916

0.2324

0.1312

0.0953

2.4381

3.0334

Weighted variance

0.35

0.054

0.0172

0.0091

5.9442

9.2016

Weighted CV

1.5833

1.1523

1.0394

0.8883

1.4685

2.0678


Correlation of Au with Cu grades is investigated with scatter plots of the composite data, as shown in Figures 19-5 and 19-6.  These scatter plots indicate some broad correlation of Au and Cu grades, more defined for Domain 1.  Also of note, is the reduced slope for Domain 2, indicating lower Au grades. There are also significant spatial differences in the Cu-Au ratio which will be discussed in the block model results section.












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[whistlerresourceestimate1084.gif]

Figure - Scatter-plot of Au vs. Cu Grades – Domain 1


[whistlerresourceestimate1086.gif]

Figure - Scatter-plot of Au vs. Cu Grades – Domain 2



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19.4

Variography

Variograms are completed for each domain at 30 degree azimuth intervals and 10 degree plunges over the entire directional sphere.  The composite data set for Domain 2 is not large enough to produce reliable variograms.  Therefore, the parameters found for Domain 1 are used throughout the deposit.  A summary of the spherical variogram parameters is given in Table 19-4.  The Au and Cu grades are defined with a single spherical variogram model, with the Ag defined by two nested spherical structures.


Table - Variogram Parameters

Parameter

Au

Cu

Ag

Structure 1

Structure 2

Nugget

0

0.0046

0

0

Sill

0.3801

0.0144

2.9821

6.0998

Range – Major

140

120

40

320

Range – Minor

120

120

155

155

Range – Vertical

80

110

50

190

Azimuth – Major Axis

180

180

30

30

Plunge – Major Axis

-70

-80

-70

-70

Dip - East

-50

-40

-10

-10


An example of the Variogram Model for Au in Domain 1 in each of the three ellipsoidal directions is illustrated in the Figure below.



[whistlerresourceestimate1088.gif]

Figure - Variogram Model for Au in Domain 1 - Gamma vs. Lag Distance (m)




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19.5

Block Model Interpolation and Resource Classification

The block model limits and block size are as given in Table 19-5.


Table - Block Model Limits

Direction

Minimum

Maximum

Block Dimension

# of Blocks

Easting

517,200

519,860

20

133

Northing

6,870,000

6,873,000

20

150

Elevation

-50

1,280

10

133


Interpolation of Au, Cu and Ag values is done by ordinary kriging in two passes based on the variogram parameters.  Interpolation was restricted by the Diorite Solid, with composites and block codes matching within each domain.  Search parameters are summarized in the Table below.


Table - Search Parameters

Search Parameter

Pass 1

Pass 2

Resource Classification

Indicated

Inferred

Search distance

½ Range

Range

Minimum # comps

4

3

Maximum # comps

9

9

Maximum # Comps/Hole

3

2

Max # Comps / Split Quadrant

6

7


Classification is based on the variogram parameters, and restrictions on the number of composites and drillholes used in each pass of the interpolation, as Indicated in Table 19-6.  The definition of Indicated and Inferred used to classify the resource is in accordance with that of the CIM Definition Standards (CIM, 2005).

19.6

Block Model Validation

19.6.1

Comparison of Mean Grades


Interpolation is also done by Inverse Distance Squared ("ID2") weighting using the same search parameters to compare to the kriged values.  Table 19-7 gives a summary of the mean grades for de-clustered composites, kriged and IDW, indicating reasonable correlation.  Composites are de-clustered to remove any grouping of drilling in higher grade zones.  The data is de-clustered in 10mx10m blocks to 100mx100m blocks, and the minimum mean is recorded for comparison.



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Table - Comparison of De-clustered Composite, Kriged, and ID2 Mean Grade Values

Class

Domain

Mean Grades

Au (gpt)

Cu (%)

Ag (gpt)

Min.  Declust.  Comp.

Kriged

ID2

Min.  Declust.  Comp.

Kriged

ID2

Min.  Declust.  Comp.

Kriged

ID2

Indicated

1

0.458

0.449

0.461

0.151

0.149

0.149

1.696

1.715

1.739

2

0.180

0.216*

0.187

0.107

0.112

0.112

1.876

1.619

1.748

Inferred

1

0.176

0.256

0.258

0.077

0.097

0.087

1.413

1.413

1.457

2

0.197

0.202

0.204

0.104

0.104

0.101

1.240

1.250

1.272

Note:  the higher kriged grade for Domain 2 Au compared to the composites indicates that capping of the Au may be necessary in future estimates.  However, the Domain 2 Indicated blocks contribute only 9% and 10% to the total resource and to the pit delineated resource, respectively.  Therefore, this discrepancy is not considered to be significant at this stage of exploration.  

19.6.2

Volume-Variance Correction


Cutoff grade plots (tonnage-grade curves) are constructed for each metal to check the validity of the change of support in the grade estimations.  The Nearest Neighbour grade estimates are first corrected by the Affine method using the Block Variance as calculated in MineSightÒ.  The corrected values for Au and Cu are plotted and compared to both the kriged values and the inverse distance squared values (Figures 19-8 and 19-9).  The distributions indicates good correlation, and thus the change of support is valid.  


[whistlerresourceestimate1090.gif]

Figure - Tonnage-Grade Curves for Au – Comparison of Interpolation Methods









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[whistlerresourceestimate1092.gif]

Figure - Tonnage-Grade Curves for Cu – Comparison of Interpolation Methods


19.6.3

Swath Plots


Swath plots through the diorite body are created in N-S, E-W and vertical directions for the three main metals to compare the kriged grades to those interpolated by the Nearest Neighbour method.  These are illustrated in Figures 19-10 through 19-12.  The swath plots indicate no global bias in the kriged values, and good correlation in the main body of the data.  



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[whistlerresourceestimate1094.gif][whistlerresourceestimate1096.gif]

[whistlerresourceestimate1098.gif]

Figure - Swath Plots of Au Grade








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[whistlerresourceestimate1100.gif]

[whistlerresourceestimate1102.gif]

[whistlerresourceestimate1104.gif]

Figure - Swath Plot of Cu Grade




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[whistlerresourceestimate1106.gif]

[whistlerresourceestimate1108.gif]

[whistlerresourceestimate1110.gif]

Figure - Swath Plot of Ag Grade



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19.6.4

Visual Validation


A series of E-W, N-S sections (every 20m) and plans (every 10m) has been used to inspect the ordinary kriging block model grades with the original assay data.  Figures 19-13 and 19-14 give examples of this comparison for the E-W section at 6871290N, for Au and Cu grades respectively.  Figures 19-15 and 19-16 illustrate the grade comparisons at the 690m elevation.  Plots throughout the model confirmed that the block model grades corresponded very well with the assayed grades.


[whistlerresourceestimate1112.gif]

Figure - Section Comparing Au Grades for Block Model and Assay Data




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[whistlerresourceestimate1114.gif]

Figure - Section Comparing Cu Grades for Block Model and Assay Data




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[whistlerresourceestimate1116.gif]

Figure - Plan Comparing Au Grades for Block Model and Assay Data




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[whistlerresourceestimate1118.gif]

Figure - Plan Comparing Cu Grades for Block Model and Assay Data


Visual inspection of the Cu/Au ratio Indicated spatial variation.  Although the scatter plots of these two grades showed some correlation (Figures 19-5 and 19-6), section and plan plots reveal that the ratio changes throughout the deposit.  Figures 19-17 and 19-18 illustrate this spatial variability for a section and plan view.  The ratio generally increases at the periphery of the deposit, and to the north.  This is due primarily to higher Au grades in the center and the southern portion of the deposit.




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[whistlerresourceestimate1120.gif]

Figure - Section of the Cu/Au Ratio Indicating Spatial Variability




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[whistlerresourceestimate1122.gif]

Figure - Plan of the Cu/Au Ratio Indicating Spatial Variability




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19.7

Pit Delineated Resource

The Lerch-Grossman (LG) pit optimization procedure in the MSEP module of MineSight has been used to create the ultimate pit shell at the Base Case assumptions.  The required assumptions, and the resulting pit delineated resource are summarized in the following section.  


Process recoveries are based on preliminary metallurgical studies.  The recoveries used to determine the Net Smelter return are given in Table 19-8, with economic inputs summarized in Table 19-9.


Table - Process Recoveries

Metal

Recovery (%)

Au

75

Cu

85

Ag

75


Table - Economic Inputs

Parameter

November 2010 Values

Au Price (USD)

990 $/oz

Cu Price (USD)

2.91 $/lb

Ag Price (USD)

15.40 $/oz

Mining Costs

1.50 $/tonne ROM

Milling + G&A

7.50 $/tonne ore

G & A

0.50 $/tonne ore

Mining Recovery

100%

Dilution

0%

NSP – Au (CDN)

32.072 $/g

NSP – Cu (CDN)

2.824 $/lb

NSP – Ag (CDN)

0.446 $/g

*Indicated and Inferred resources are used for pit optimization.

*Pit slope angle is considered constant at 45 degrees for all cases.  


The pit delineated resource is summarized in Table 19-10, and is the base case resource for the Whistler deposit.  Process recoveries, as well as mining, processing and off site costs have been applied in order to determine that the pit resource has a reasonable prospect of economic extraction.  It uses a $7.50/ton cut-off (approximately 0.3 g/t Au Eq cut-off at the base case prices) and yields an Indicated resource of 79.2M tonnes at 0.51 g/t gold, 0.17% copper and 1.97 g/t silver (2.25 M oz Au Eq) and an Inferred resource of 145.8M tonnes at 0.40 g/t gold, 0.15% copper and 1.75 g/t silver (3.35M oz Au Eq).



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Table - Pit Delineated Resource at Base Case Prices and Costs

2011 Whistler Deposit Resource Estimate

 

Tonnes and Grade

Total Contained Metal

 Resource Category

Tonnes (Mt)

Gold (g/t)

Silver (g/t)

Copper (%)

Gold Eq2 g/t

Gold (Moz)

Silver (Moz)

Copper (Mlbs)

Gold Eq3 (Moz)

Open Pit Resource

Indicated1

79.2

0.51

1.97

0.17

0.88

1.28

5.03

302

2.25

Inferred1

145.8

0.40

1.75

0.15

0.73

1.85

8.21

467

3.35

1.  Reported within a conceptual pit shell (45 degree pit slope angle) and based on a cut-off grade of $7.5/t adjusted for metallurgical recovery and offsite costs

2.  Gold equivalent grade calculation was based on 75 percent recovery for gold and silver; 85 percent recovery for copper; USD$990 per ounce gold, USD$15.40 per ounce silver and USD$2.91 per pound of copper.

3.  Totals may vary due to rounding.

There is an additional 83 Mt of material above a 0.3 Equivalent Au cutoff that has been interpolated within the model, using the search parameters as defined in Table 19-6.  This has the potential to become part of the economic pit delineated resource with a change in pit design or economic parameters.


19.8

Comparison with the 2008 Resource Estimate

An NI43-101 resource estimate of the Whistler deposit was completed in January 2008 by Geoinformatics Exploration Inc.  The 2010 updated estimate substantially increases the size of the in-pit Indicated resource with a 164% increase in tonnes and a 68% increase in contained metal by Gold Equivalent ounces, as summarized in Table 19-11.  In the Inferred category (open pit), the new estimate reports an 19% increase in tonnes with a 16% decrease in contained Gold Equivalent ounces due to lower grades.  The new resource estimate also reduces the strip ratio substantially from 1.93 to 1.32.  


Table - Change in LG Pit De-lineated Resource Estimate from SRK 2008 Estimate

CLASS

Change in Values (%)

ROM Resource tonnes

Contained Eqv.  Au

Contained Gold

Contained Copper

Contained Silver

Indicated

164.1%

67.7%

53.4%

89.9%

111.8%

Inferred

18.5%

-15.7%

-20.6%

-9.4%

0.2%


The new estimate shows an increase in total tonnage and corresponding decrease in grade for the pit-delineated resource due primarily to two factors.  The 2010 model utilized two geological domains (the Whistler Diorite Solid separated in east-west domains by the Divide Fault) whereas the 2008 model used five grade shells to define the extent of mineralized domains.  The lowest grade shell in the 2008 model was defined at a 0.30 g/t Au Eq cut-off and thus ignored lower grade material outside of that shell.  This has the effect of decreasing the tonnage and increasing the grade of the deposit relative to the geological domains used in the 2010 estimate.  The second factor is that the additional drilling at the periphery of the deposit intersected lower grade material than what was predicted by the 2008 model.  This drilling also showed there may be a stronger structural control to mineralization than what was previously believed.



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20.0

OTHER RELEVANT DATA AND INFORMATION


MMTS does not believe that there is any other relevant data and information for the Whistler deposit.



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21.0

INTERPRETATION AND CONCLUSIONS


MMTS has reviewed and audited the exploration data available for the Whistler gold-copper project.  This review suggests that the exploration data accumulated by Cominco Alaska, Kennecott, Geoinformatics, and Kiska is generally reliable for the purpose of resource estimation.  


Following geostatistical analysis and variography, MMTS constructed an initial mineral resource block model for Whistler gold-copper deposit constraining grade interpolation to within the two large mineralization domains.  After validation and classification, MMTS used preliminary pit optimization routines to assess the portions of the Whistler gold-copper deposit that shows reasonable prospects for economic extraction from an open pit.  A pit shell was used to report an open pit resource at a $7.50/t cut-off.


Mineral resources for the Whistler gold-copper deposit have been estimated in conformity with generally accepted CIM “Estimation of Mineral Resource and Mineral Reserves Best Practices” Guidelines.  There is insufficient information at this early stage of study to assess the extent to which the mineral resources will be affected by environmental, permitting, legal, title, taxation, socio­economic, marketing or other relevant factors.  


In the opinion of MMTS, the block model resource estimate and resource classification reported herein are a reasonable representation of the global gold, copper and silver mineral resources found in the Whistler deposit.  Mineral resources are not mineral reserves and do not have demonstrated economic viability.  There is no certainty that all or any part of the mineral resource will be converted into mineral reserve.  


In reviewing the mineral resource model MMTS draws the following conclusions:

·

The preliminary pit optimization work conducted to allow MMTS to report an open pit resource clearly indicates that the ultimate pit depth is driven by the apparent closure of the higher grade main zones at depth due to lack of drilling.  Clearly, the sulphide mineralization does not end with the end of the drilling data and therefore, deep drilling is required to test the depth extension of the higher grade Main Zones.  With further deep drilling there is an opportunity to increase the amount of mineral resources potentially available for open pit mining.  


·

Step out drilling is warranted along the periphery of the deposit to properly close the lateral extensions of both the lower grade Whistler and the higher grade Main Zone.  This drilling may result in expanding the size of the Whistler deposit.  Furthermore, the drilling would help in understanding the spatial relationship between the main stage porphyry that carries all gold and copper mineralization with the barren later stages of porphyry.  


·

Geostatistical analysis, variography, and visual inspection suggest that Indicated mineral resource classification required drill spacing of approximately 50m.  There is, therefore, an opportunity to upgrade parts of the Inferred mineral resources to an Indicated classification with additional infill drilling.  


·

The gold-copper mineralization is accompanied with zinc and lead sulphide mineralization that was not modeled as part of this initial resource evaluation.  The preliminary metallurgical test work completed by Kennecott suggests that copper and gold recoveries may be impacted by the presence of lead and zinc sulphides.  It would be beneficial to attempt to model zinc and lead zones separately and analyze their distribution relative to the gold-copper zones.  Moreover, the



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relationship between gold and copper is poorly constrained.  Petrographic work could help in establishing their parageneses and provide a better understanding the relative distribution of the two metals.  


·

The Whistler gold-copper deposit represents a significant discovery.  However, potential stand alone development may be challenging considering its location and its grade tonnage characteristics.  Obviously, any additional discovery through regional exploration will have a positive impact on the development potential of the Whistler project.  Already several promising exploration targets have been identified and prioritized (see below).  


·

The characteristics of the Whistler gold-copper deposit are of sufficient merit to justify undertaking preliminary engineering and environmental studies aimed at completing the characterization of the context of the sulphide mineralization.  In addition to providing a Preliminary Economic Assessment for the project, the conceptual study would be useful in determining certain specific economic thresholds for a viable mining operation in this part of Alaska.  


In order to base the conceptual study on project specific data, Kiska should consider undertaking the following studies:

·

Detailed topographic survey to derive accurate topography data (the area should include the deposit and other potential mine infrastructures such as processing and mine waste facilities);


·

Baseline environmental studies including water quality monitoring, wildlife habitats and other studies for which long-term and seasonal data are required at the permitting stage;


·

ABA testing and geochemical characterization of sulphide and barren rocks;


·

Bench scale metallurgical studies including petrography, grinding and milling testing and metallurgy;


·

Review of geotechnical data including recommendations for improving field geotechnical data collection and consideration for specific geotechnical drilling.  


These studies are essential to the full characterization of the Whistler project and to support a meaningful conceptual mine design and to provide robust key assumptions for a Preliminary Economic Assessment.  


Property-wide exploration by Kennecott, Geoinformatics and Kiska has shown that, in addition to the Whistler deposit, the property hosts other zones of porphyry Au-Cu mineralization that have the potential to positively contribute to the economics of mining development at the Whistler property.  These include the Raintree, Rainmaker and Island Mountain Breccia prospects, where drilling has returned ore-grade mineralization over significant widths.  At this time, however, drilling in these areas is of insufficient quantity or density to quantify the geometry, true widths or volume of mineralization.


Porphyry mineralization on the Whistler property, as shown by the Whistler deposit, has a well characterized geophysical signature, including anomalous magnetism associated with both diorite lithologies and magnetite alteration and veining coeval with Au-Cu mineralization, and IP chargeability anomalies associated with elevated sulphide disseminations associated with mineralization.  High resistivity coincident with the Whistler deposit is likely related to lesser altered diorites as well as quartz alteration primarily as sulphide mineralized quartz veinlets.  The entire property is covered by airborne magnetic surveys.  These surveys have identified large areas of interest to focus exploration (Raintree,



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Rainmaker) and drill targets that have led to the discovery new zones of mineralization (Raintree West).  In addition, these areas of interest, particularly the Whistler Orbit, have been covered with 2D and 3D IP surveys, which in conjunction with the airborne magnetic data, have been used successfully to target “blind”, near-surface Au-Cu mineralization buried by glaciofluvial sediments.  


With the exception of the Island Mountain prospect, much of the prospective exploration targets on the property are covered by glaciofluvial sediments.  In addition, the quantity and quality of the geophysical data in these areas is such that further exploration in covered areas should employ drilling to target untested anomalies and expand known areas of mineralization (Raintree West, Raintree East, Rainmaker).  At Island Mountain, further drilling is required to test the continuity, geometry and width of mineralization within and potentially along strike and at depth of the Breccia Zone.  In addition, further geological field work (mapping, soil/rock sampling), compilation and interpretation could be undertaken to rank and prioritize other less advanced exploration targets for exploration drilling (Muddy Creek, Round Mountain, Snow Ridge).



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22.0

RECOMMENDATIONS


At the Whistler Deposit, the following recommendations are made:

1)

A better understanding of the current known faults could be an opportunity for increasing the resource at Whistler.  Particularly in the south of the deposit (south of N6971200).  There is a paucity of drillhole data on both sides of the Divide fault in this area, resulting in blocks left un-interpolated within the diorite solid.  Furthermore, there is little evidence for the fault location.  Previous interpretation (Kennecott, 2007) did not include the Divide fault extending south of approximately 6871280N.  Figures 23.1 and 23.2 are plan and section views of the model and composite Au grades.  These plots indicate the area west of the interpreted Divide Fault with no drilling and Au grades not interpolated into the blocks, but within the LG pit resource (shown in black).  Drillhole WH-10-19 returned economic grades.  Targeting this area would both allow blocks to be interpolated in this area and better define the fault location.


[whistlerresourceestimate1124.gif]

Figure - Plan of Au Grade and Drilling at 540m Elevation



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[whistlerresourceestimate1126.gif]

Figure - Section of Au Grade and Drilling at 6871110N


2)

Revision of the geologic model to provide a better understanding of how the three later stages of intrusion relate to the mineralization.  This would involve re-logging of core with the current knowledge of the assay values.  Through re-interpretation in section and plan it is the expected outcome that 3D solids of each intrusive phase could be constructed.  

3)

Similarly, 3D solids of alteration and structural domains should be created from the re-interpretation.

4)

The use of classical statistics (cumulative probability plots, histograms, box-plots, and contact analyses) should be used to define the final controlling factors to mineralization as being due to lithology, alteration, structure, or a combination of these.

5)

Creation of a new block model in which the updated geologic domains are used in conjunction with indicator kriging to reduce smoothing of the mineralized and non-mineralized zones within the deposit would increase the accuracy of the model.

6)

Additional in-fill drilling to upgrade the classification of Inferred to Indicated would require drillhole spacing of 50m, as Indicated by Figure 22-3.  However, this is recommended subsequent to the additional drilling outlined for the remaining deposits as discussed below.  





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[whistlerresourceestimate1128.gif]

Figure - Plan of Average Distance to Composite for Inferred Blocks


Based on the interpretations and conclusions regarding the exploration potential on the property, an exploration drilling program comprised of two phases is warranted (Table 22-1).  


Phase 1 would consist of a “top-of-bedrock” grid drilling program in the Whistler Orbit and further step-out drilling from the Raintree West prospect.  The grid drilling program would penetrate the glacial cover and drill approximately 50 metres into bedrock to obtain geological and geochemical data.  This data, in conjunction with the existing airborne magnetic data and 3D IP data, would considerably enhance exploration targeting for Phase 2 drilling.  Drilling on 200 metre centres from 50 holes (2500 metres) would cover the most prospective areas in the Whistler Orbit.  Concurrently, infill and step-out drilling at the Raintree West target (3000 metres) is recommended to test the geometry and continuity of this prospect, particularly the north end where geological vectors from the previous drilling indicate the best potential for the core of the porphyry system.  Any significant mineralized intercepts from this phase of step-out drilling should be sent for metallurgical testing with particular focus on the impact of the relatively high lead zinc concentrations.  


The Phase 2 program should consist of follow-up drilling in the Whistler Orbit to target anomalies generated by the grid drilling program and to expand drilling at Raintree West if warranted by the results of Phase 1.  This program could warrant 15,000 metres of drilling.




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The Phase 2 drilling would also consist of 8,000 metres of diamond drilling to in-fill and expand mineralization at the Breccia Zone at Island Mountain.  Mineralization is open to south and north, and undrilled breccia bodies occur for 700 metres to the north of the Breccia Zone.  


Concurrently with Phase 1 and Phase 2 drilling, further surface mapping, sampling and compilation work should continue to rank and prioritize other exploration targets on the property (Muddy Creek, Snow Ridge, Old Man Breccia, Spur), with the aim to test one or more of these targets in Phase 2 (3000 metres).


Table - Proposed Exploration Budget

Work Program

Units

 

Rate

Sub-total CDN $

Phase 1

 

 

 

 

Raintree West Drilling*

3000

m

 $       375

 $         1,125,000

Whistler Orbit Grid Drilling

2500

m

 $       275

 $            687,500

Drill Mobilization

 

 

 

 $             60,000

Raintree Metallurgical Sampling

 

 

 

 $             50,000

Planning and Supervision Wages

 

 

 

 $            150,000

Airborne Geophysics

 

 

 

 $            160,000

 

 

 

 

 

 

Sub-total Phase 1

 

 

 $         2,072,500

Phase 2

 

 

 

 

Drilling Program

 

 

 

 

Raintree-Rainmaker Core Drilling*

15000

m

 $       375

 $         5,625,000

Island Mountain Breccia Zone Drilling*

8000

m

 $       375

 $         3,000,000

Other Targets

3000

m

 $       375

 $         1,125,000

Planning and Supervision Wages

 

 

 

 $            300,000

 

 

 

 

 

Surface Mapping Reconnaissance

 

 

 

 

Wages - Mappers and Samplers

 

 

 

 $            100,000

Rock and Soil Assays

2000

samples

 $         50

 $            100,000

 

 

 

 

 

 

Sub-total Phase 2

 

 

 $       10,250,000

Whistler Deposit Modeling

 

 

 

 

Wages and Technical Support

 

 

 

 $            150,000

Update to Mineral Resource Model

 

 

 

 $             50,000

 

Sub-total

 

 

 $            200,000

Kiska Support Costs

 

 

 

 

Database Support (field season)

 

 

 

 $            120,000

Data Interpretation (post field season)

 

 

 

 $            120,000

 

Sub-total Support

 

 

 $            240,000

Sub-total

 

 

 

 $       12,762,500

Contingency

 

 

10%

 $         1,276,250

Administration

 

 

 

 $            200,000

 

 

 

 

 

TOTAL

 

 

 

 $       14,238,750

 

 

 

 

 

*all-in cost includes assays, helicopter-support, camp costs based on Kiska 2010 drilling costs




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23.0

REFERENCES


Beikman, H., 1980, Compiler.  Geology of Alaska.  Digital geology data obtained from the Alaska Geospatial Data Clearinghouse and modified using MapInfo Professional.  (http://agdc.usgs.gov/data/usgs/geology/).  

Canadian Institute of Mining, Metallurgy and Petroleum (2005): CIM DEFINITION STANDARDS – For Mineral Resources and Mineral Reserves, CIM Standing Committee on Reserve Definitions, adopted December 11, 2005.

Couture, JF.  2007.  Independent Technical Report on the Whistler Copper-Gold Exploration Project.  SRK Consulting (Canada) Inc.  92 pages.  Available at www.sedar.com.  

Franklin, R.  2007.  Whistler Project Synopsis.  Kennecott Exploration Company, unpublished internal report.  52 pages.  

Franklin, R., Young, L., and Boyer, L.  2006.  Whistler Project – 2005 Exploration Summary Report.  Kennecott Exploration Company, unpublished internal report.  180 pages.  

Franklin, R.  2005.  Whistler Project – 2004 Exploration Summary Report.  Kennecott Exploration Company, unpublished internal report.  29 pages.  

Geoinformatics News Release dated February 12, 2005 and announcing revisions to an Exploration Alliance with Kennecott.  

Geoinformatics News Release dated June 7, 2007 and announcing the signature of an agreement with Kennecott concerning the acquisition of the Whistler project in Alaska.  

Nadasdy, G.S., 2005.  Results of Preliminary Metallurgical Test Work Conducted on Three Ore Samples from the Copper and Gold Bearing Whistler Project.  Dawson Metallurgical Laboratories Inc.  report to Rio Tinto Technical Services, dated March 24, 2005.  76 pages.  

Proffett, J.  2005.  Report on work done on the Whistler Project, including Island Mountain and Round Mountain, unpulished report submitted to Kennecott Exploration Company.  11 pages.

Seedorf, E., Dilles, J.D., Proffett, J.M., Jr., Einaudi, M.T., Zurcher, L., Stavast, W.J.A., Johnson, D.A., and Barton, M.D., 2005, Porphyry Deposits: Characteristics and Origin of Hypogene Features, in Hedenquist, J.W., Thompson, J.F.H., Goldfarb, R.J., and Richards, J.R., eds., Economic Geology 100th Anniversary Volume: Society of Economic Geologists, Littleton, Colorado, p.  251-298.

Sillitoe, R.H., 2010.  Porphyry Copper System, Economic Geology, v 105, no 1, p 3-41.

SRK 2008, “Mineral Resource Estimation Whistler Copper-Gold Project, Alaska Range, Alaska”.

Young, L.  2006.  Geological Framework of the Whistler Region, Alaska, 2003­2005.  Kennecott Exploration Company, unpublished internal report.  181 pages.  

Young, L.  2005.  Geological Setting of the Whistler Porphyry Copper Prospect, Alaska.  Kennecott Exploration Company, unpublished internal report.  88 pages.  

Wilson, P.  2007.  2007 Whistler Drilling QA/QC Results.  Geoinformatics Exploration Inc.  unpublished internal report, 19 pages.  



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24.0

DATE AND SIGNATURE PAGE


I, Robert J. Morris, M.Sc., P.Geo., do hereby certify that:


1)

I am a Principal of Moose Mountain Technical Services, 6243 Kubinec Road, Fernie BC V0B 1M1.

2)

I graduated with a B.Sc. from the University of British Columbia in 1973.

3)

I graduated with a M.Sc. from Queen’s University in 1978.

4)

I am a member of the Association of Professional Engineers and Geoscientists of B.C.  (#18301).

5)

I have worked as a geologist for a total of thirty-seven years since my graduation from university.

6)

My past experience with gold-copper exploration and mining includes work on Galore Creek, Kemess North, Huckleberry, QB in Chile, and Petaquilla in Panama.

7)

I have read the definition of “qualified person” set out in NI 43-101 and certify that by reason of my education, affiliation with a professional association and past relevant work experience, I fulfill the requirements to be a “qualified person”.

8)

I am responsible for the entire technical report entitled “Resource Estimate Update for the Whistler Gold Copper Deposit and Results of Property Wide Exploration”, dated 17 March 2011, except Items 18 and 19.  

9)

I completed a site visit of the property 13 and 14 September 2010.  I have had no prior involvement with the Whistler property.

10)

I am independent of Kiska Metals Corporation, and work as a geological consultant to the mining industry.

11)

I am not aware of any material fact or material change with respect to the subject matter of the Technical Report that is not reflected in the Technical Report, the omission to disclose, which makes the Technical Report misleading.

12)

I have read NI 43-101 and Form 43-101F1, and the Technical Report has been prepared in compliance with that instrument and form.

13)

I consent to the filing of the Technical Report with any stock exchange and other regulatory authority and any publication by them, including electronic publication in the public company files on their websites accessible by the public.


Date this 17th day of March 2011


“Signed”


________________________

Signature of Qualified Person



Robert J. Morris, M.Sc., P.Geo.

Print Name of Qualified Person




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Consent of Author


To:

Commission des Valeurs Mobilieres du Quebec

Ontario Securities Commission

Manitoba Securities Commission

Saskatchewan Financial Services Commission – Securities Division

Alberta Securities Commission

British Columbia Securities Commission




I, Robert J. Morris, consent to the public filing of the technical report entitled “Resource Estimate Update for the Whistler Gold Copper Deposit and Results of Property Wide Exploration”, dated 17 March 2011, and to extracts from, or a summary of, the technical report in the written disclosure being filed, and confirm that I have read the written disclosure being filed and that it fairly and accurately represents the information in the technical report that supports the disclosure.


Dated this 17th day of March 2011


“Signed”


________________________

Signature of Qualified Person



Robert J. Morris, M.Sc., P.Geo.

Print Name of Qualified Person




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I, Robert J. Tucker, residing at 690 Wilkes Road, Mayne, BC, Canada, V0N 2J0 do hereby certify that:


1)

I am a professional engineer providing consulting services and am registered with the Professional Engineers of Ontario and the Association of Professional Engineers and Geoscientists of BC;

2)

I am a graduate of Queen’s University in Kingston in Mining (Mineral Processing Option) in 1974.  I obtained my MScA.  also from Queen’s in 1984;

3)

I have practiced in the Mineral Processing field since graduation in plant operations, direction of metallurgical test work, flowsheet development, evaluations, and detailed engineering;

4)

I have reviewed Whistler metallurgical test work provided by Kiska Metals including reports and test work details from Dawson Metallurgical Laboratories;

5)

I have read the definition of “qualified person” set out in National Instrument 43-101 and certify that by virtue of my education, affiliation to a professional association and past relevant work experience, I fulfill the requirements to be a “qualified person” for the purposes of National Instrument 43-101 and Section 14 of this technical report has been prepared in compliance with National Instrument 43-101 and Form 43-101F1;

6)

I, as a qualified person am independent of the issuer as defined in Section 4.1 of National Instrument 43-101;

7)

I am responsible for the preparation of Section 18 Mineral Processing and Metallurgical Testing for the technical report entitled, “Resource Estimate Update for the Whistler Gold Copper Deposit and Results of Property Wide Exploration”;

8)

I was retained by Kiska Metals Corporation to review the metallurgical testing data and reports and prepare Section 18 of the technical report in accordance with NI 43-101 and Form F43-101F1 guidelines;

9)

That, as of the date of this certificate, to the best of my knowledge, information and belief, Section 14 of this technical report contains all scientific and technical information that is required to be disclosed to make the technical report not misleading;

10)

I hereby consent to the use of this report for submission to any Provincial regulatory authority;

11)

I consent to the filing of the technical report with any stock exchange and other regulatory authority and any publication by them for regulatory purposes, including electronic publication in the public company files on their websites accessible by the public, of the technical report.


Date this 17th day of March 2011


“Signed”


________________________

Signature of Qualified Person


Robert J. Tucker P.  Eng

Print Name of Qualified Person



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  17 March 2011




Consent of Author


To:

Commission des Valeurs Mobilieres du Quebec

Ontario Securities Commission

Manitoba Securities Commission

Saskatchewan Financial Services Commission – Securities Division

Alberta Securities Commission

British Columbia Securities Commission




I, Robert J. Tucker, consent to the public filing of the technical report entitled “Resource Estimate Update for the Whistler Gold Copper Deposit and Results of Property Wide Exploration”, dated 17 March 2011, and to extracts from, or a summary of, the technical report in the written disclosure being filed, and confirm that I have read the written disclosure being filed and that it fairly and accurately represents the information in the technical report that supports the disclosure.


Dated this 17th day of March 2011


“Signed”


________________________

Signature of Qualified Person



Robert J. Tucker, P.Eng.

Print Name of Qualified Person



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  17 March 2011




I, Susan C. Bird, M.Sc., P.Eng., do hereby certify that:


1)

I am an Associate Engineer of Moose Mountain Technical Services, residing at 32 Paddon Ave., Victoria, B.C.  V8V 2M5.

2)

I graduated with a B.Eng. from the Queen’s University in 1989.

3)

I graduated with a M.Sc. from Queen’s University in 1993.

4)

I am a member of the Association of Professional Engineers and Geoscientists of B.C.  (#25007).

5)

I have worked as an engineering geologist for a total of 15 years since my graduation from university.

6)

My past experience with porphyry deposits includes exploration and engineering work on Gibraltar, Kerr-Sulphurets-Mitchell (KSM), Los Bronces and Morenci among others.

7)

I have read the definition of “qualified person” set out in NI 43-101 and certify that by reason of my education, affiliation with a professional association and past relevant work experience, I fulfill the requirements to be a “qualified person”.

8)

I am responsible for Section 19 of the report entitled “Resource Estimate Update for the Whistler Gold Copper Deposit and Results of Property Wide Exploration”, dated 17 March 2011.  

9)

I am independent of Kiska Metals Corporation, and work as a geological and mining consultant to the mining industry.

10)

I am not aware of any material fact or material change with respect to the subject matter of the Technical Report that is not reflected in the Technical Report, the omission to disclose, which makes the Technical Report misleading.

11)

I have read NI 43-101 and Form 43-101F1, and the Technical Report has been prepared in compliance with that instrument and form.

12)

I consent to the filing of the Technical Report with any stock exchange and other regulatory authority and any publication by them, including electronic publication in the public company files on their websites accessible by the public.


Date this 17th day of March 2011


“Signed”


________________________

Signature of Qualified Person



Susan C. Bird, M.Sc., P.Eng.

Print Name of Qualified Person



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  17 March 2011




Consent of Author


To:

Commission des Valeurs Mobilieres du Quebec

Ontario Securities Commission

Manitoba Securities Commission

Saskatchewan Financial Services Commission – Securities Division

Alberta Securities Commission

British Columbia Securities Commission




I, Susan Bird, consent to the public filing of the technical report entitled “Resource Estimate Update for the Whistler Gold Copper Deposit and Results of Property Wide Exploration”, dated 17 March 2011, and to extracts from, or a summary of, the technical report in the written disclosure being filed, and confirm that I have read the written disclosure being filed and that it fairly and accurately represents the information in the technical report that supports the disclosure.


Dated this 17th day of March 2011


“Signed”


________________________

Signature of Qualified Person



Susan C. Bird, M.Sc., P.Eng.

Print Name of Qualified Person



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  17 March 2011




25.0

ADDITIONAL REQUIREMENTS FOR TECHNICAL REPORTS ON DEVELOPMENT PROPERTIES AND PRODUCTION PROPERTIES


The Whistler property is not in production.



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26.0

ILLUSTRATIONS


Illustrations and drawings accompany each of the sections.


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  17 March 2011



APPENDIX A – Claims List


Claim Name

Group Name

Claim #

ADL #

Area (acre)

Owner

PORT 2151

Port

2151

633446

40

Kent Turner

PORT 2152

Port

2152

633447

40

Kent Turner

PORT 2153

Port

2153

633448

40

Kent Turner

PORT 2251

Port

2251

633449

40

Kent Turner

PORT 2252

Port

2252

633450

40

Kent Turner

PORT 2253

Port

2253

633451

40

Kent Turner

PORT 2351

Port

2351

633452

40

Kent Turner

PORT 2352

Port

2352

633453

40

Kent Turner

PORT 2353

Port

2353

633454

40

Kent Turner

PORT 2354

Port

2354

633455

40

Kent Turner

PORT 2355

Port

2355

633456

40

Kent Turner

PORT 2454

Port

2454

633457

40

Kent Turner

PORT 2455

Port

2455

633458

40

Kent Turner

PORT 2456

Port

2456

633459

40

Kent Turner

PORT 2457

Port

2457

633460

40

Kent Turner

PORT 2458

Port

2458

633461

40

Kent Turner

PORT 2459

Port

2459

633462

40

Kent Turner

PORT 2555

Port

2555

633463

40

Kent Turner

PORT 2556

Port

2556

633464

40

Kent Turner

PORT 2557

Port

2557

633465

40

Kent Turner

PORT 2558

Port

2558

633466

40

Kent Turner

PORT 2559

Port

2559

633467

40

Kent Turner

PORT 2655

Port

2655

633468

40

Kent Turner

PORT 2656

Port

2656

633469

40

Kent Turner

PORT 2657

Port

2657

633470

40

Kent Turner

WHISPER 105

Whisper

105

641182

40

Geoinformatics Alaska Exploration Inc

WHISPER 106

Whisper

106

641183

40

Geoinformatics Alaska Exploration Inc

WHISPER 107

Whisper

107

641184

40

Geoinformatics Alaska Exploration Inc

WHISPER 108

Whisper

108

641185

40

Geoinformatics Alaska Exploration Inc

WHISPER 109

Whisper

109

641186

40

Geoinformatics Alaska Exploration Inc

WHISPER 120

Whisper

110

641187

40

Geoinformatics Alaska Exploration Inc

WHISPER 127

Whisper

111

641188

40

Geoinformatics Alaska Exploration Inc

WHISPER 128

Whisper

112

641189

40

Geoinformatics Alaska Exploration Inc

WHISPER 129

Whisper

113

641190

40

Geoinformatics Alaska Exploration Inc

WHISPER 130

Whisper

114

641191

40

Geoinformatics Alaska Exploration Inc

WHISPER 139

Whisper

115

641192

40

Geoinformatics Alaska Exploration Inc

WHISPER 140

Whisper

116

641193

40

Geoinformatics Alaska Exploration Inc

WHISPER 141

Whisper

117

641194

40

Geoinformatics Alaska Exploration Inc

WHISPER 142

Whisper

118

641195

40

Geoinformatics Alaska Exploration Inc

WHISPER 143

Whisper

119

641196

40

Geoinformatics Alaska Exploration Inc

WHISPER 1

Whisper

1

641197

160

Geoinformatics Alaska Exploration Inc

WHISPER 2

Whisper

2

641198

160

Geoinformatics Alaska Exploration Inc

WHISPER 3

Whisper

3

641199

160

Geoinformatics Alaska Exploration Inc

WHISPER 4

Whisper

4

641200

160

Geoinformatics Alaska Exploration Inc

WHISPER 9

Whisper

9

641201

160

Geoinformatics Alaska Exploration Inc

WHISPER 10

Whisper

10

641202

160

Geoinformatics Alaska Exploration Inc

WHISPER 11

Whisper

11

641203

160

Geoinformatics Alaska Exploration Inc

WHISPER 12

Whisper

12

641204

160

Geoinformatics Alaska Exploration Inc

WHISPER 13

Whisper

13

641205

160

Geoinformatics Alaska Exploration Inc

WHISPER 17

Whisper

17

641206

160

Geoinformatics Alaska Exploration Inc

WHISPER 18

Whisper

18

641207

160

Geoinformatics Alaska Exploration Inc

WHISPER 19

Whisper

19

641208

160

Geoinformatics Alaska Exploration Inc

WHISPER 20

Whisper

20

641209

160

Geoinformatics Alaska Exploration Inc

WHISPER 21

Whisper

21

641210

160

Geoinformatics Alaska Exploration Inc

WHISPER 22

Whisper

22

641211

160

Geoinformatics Alaska Exploration Inc

WHISPER 27

Whisper

27

641212

160

Geoinformatics Alaska Exploration Inc

WHISPER 28

Whisper

28

641213

160

Geoinformatics Alaska Exploration Inc

WHISPER 29

Whisper

29

641214

160

Geoinformatics Alaska Exploration Inc

WHISPER 30

Whisper

30

641215

160

Geoinformatics Alaska Exploration Inc

WHISPER 31

Whisper

31

641216

160

Geoinformatics Alaska Exploration Inc

WHISPER 32

Whisper

32

641217

160

Geoinformatics Alaska Exploration Inc

WHISPER 37

Whisper

37

641218

160

Geoinformatics Alaska Exploration Inc

WHISPER 38

Whisper

38

641219

160

Geoinformatics Alaska Exploration Inc

WHISPER 39

Whisper

39

641220

160

Geoinformatics Alaska Exploration Inc

WHISPER 40

Whisper

40

641221

160

Geoinformatics Alaska Exploration Inc

WHISPER 41

Whisper

41

641222

160

Geoinformatics Alaska Exploration Inc

WHISPER 42

Whisper

42

641223

160

Geoinformatics Alaska Exploration Inc

WHISPER 43

Whisper

43

641224

160

Geoinformatics Alaska Exploration Inc

WHISPER 44

Whisper

44

641225

160

Geoinformatics Alaska Exploration Inc

WHISPER 47

Whisper

47

641226

160

Geoinformatics Alaska Exploration Inc

WHISPER 48

Whisper

48

641227

160

Geoinformatics Alaska Exploration Inc

WHISPER 49

Whisper

49

641228

160

Geoinformatics Alaska Exploration Inc

WHISPER 50

Whisper

50

641229

160

Geoinformatics Alaska Exploration Inc

WHISPER 51

Whisper

51

641230

160

Geoinformatics Alaska Exploration Inc

WHISPER 52

Whisper

52

641231

160

Geoinformatics Alaska Exploration Inc

WHISPER 53

Whisper

53

641232

160

Geoinformatics Alaska Exploration Inc

WHISPER 54

Whisper

54

641233

160

Geoinformatics Alaska Exploration Inc

WHISPER 55

Whisper

55

641234

160

Geoinformatics Alaska Exploration Inc

WHISPER 57

Whisper

57

641235

160

Geoinformatics Alaska Exploration Inc

WHISPER 58

Whisper

58

641236

160

Geoinformatics Alaska Exploration Inc

WHISPER 59

Whisper

59

641237

160

Geoinformatics Alaska Exploration Inc

WHISPER 60

Whisper

60

641238

160

Geoinformatics Alaska Exploration Inc

WHISPER 61

Whisper

61

641239

160

Geoinformatics Alaska Exploration Inc

WHISPER 62

Whisper

62

641240

160

Geoinformatics Alaska Exploration Inc

WHISPER 63

Whisper

63

641241

160

Geoinformatics Alaska Exploration Inc

WHISPER 64

Whisper

64

641242

160

Geoinformatics Alaska Exploration Inc

WHISPER 65

Whisper

65

641243

160

Geoinformatics Alaska Exploration Inc

WHISPER 66

Whisper

66

641244

160

Geoinformatics Alaska Exploration Inc

WHISPER 67

Whisper

67

641245

160

Geoinformatics Alaska Exploration Inc

WHISPER 68

Whisper

68

641246

160

Geoinformatics Alaska Exploration Inc

WHISPER 69

Whisper

69

641247

160

Geoinformatics Alaska Exploration Inc

WHISPER 70

Whisper

70

641248

160

Geoinformatics Alaska Exploration Inc

WHISPER 71

Whisper

71

641249

160

Geoinformatics Alaska Exploration Inc

WHISPER 72

Whisper

72

641250

160

Geoinformatics Alaska Exploration Inc

WHISPER 73

Whisper

73

641251

160

Geoinformatics Alaska Exploration Inc

WHISPER 74

Whisper

74

641252

160

Geoinformatics Alaska Exploration Inc

WHISPER 75

Whisper

75

641253

160

Geoinformatics Alaska Exploration Inc

WHISPER 76

Whisper

76

641254

160

Geoinformatics Alaska Exploration Inc

WHISPER 77

Whisper

77

641255

160

Geoinformatics Alaska Exploration Inc

WHISPER 78

Whisper

78

641256

160

Geoinformatics Alaska Exploration Inc

WHISPER 79

Whisper

79

641257

160

Geoinformatics Alaska Exploration Inc

WHISPER 80

Whisper

80

641258

160

Geoinformatics Alaska Exploration Inc

WHISPER 81

Whisper

81

641259

160

Geoinformatics Alaska Exploration Inc

WHISPER 82

Whisper

82

641260

160

Geoinformatics Alaska Exploration Inc

WHISPER 83

Whisper

83

641261

160

Geoinformatics Alaska Exploration Inc

WHISPER 84

Whisper

84

641262

160

Geoinformatics Alaska Exploration Inc

WHISPER 85

Whisper

85

641263

160

Geoinformatics Alaska Exploration Inc

WHISPER 86

Whisper

86

641264

160

Geoinformatics Alaska Exploration Inc

WHISPER 87

Whisper

87

641265

160

Geoinformatics Alaska Exploration Inc

WHISPER 88

Whisper

88

641266

160

Geoinformatics Alaska Exploration Inc

WHISPER 89

Whisper

89

641267

160

Geoinformatics Alaska Exploration Inc

WHISPER 90

Whisper

90

641268

160

Geoinformatics Alaska Exploration Inc

WHISPER 91

Whisper

91

641269

160

Geoinformatics Alaska Exploration Inc

WHISPER 92

Whisper

92

641270

160

Geoinformatics Alaska Exploration Inc

WHISPER 93

Whisper

93

641271

160

Geoinformatics Alaska Exploration Inc

WHISPER 94

Whisper

94

641272

160

Geoinformatics Alaska Exploration Inc

WHISPER 95

Whisper

95

641273

160

Geoinformatics Alaska Exploration Inc

WHISPER 96

Whisper

96

641274

160

Geoinformatics Alaska Exploration Inc

WHISPER 181

Whisper

181

641275

160

Geoinformatics Alaska Exploration Inc

WHISPER 97

Whisper

97

641276

160

Geoinformatics Alaska Exploration Inc

WHISPER 98

Whisper

98

641277

160

Geoinformatics Alaska Exploration Inc

WHISPER 99

Whisper

99

641278

160

Geoinformatics Alaska Exploration Inc

WHISPER 100

Whisper

100

641279

160

Geoinformatics Alaska Exploration Inc

WHISPER 101

Whisper

101

641280

160

Geoinformatics Alaska Exploration Inc

WHISPER 102

Whisper

102

641281

160

Geoinformatics Alaska Exploration Inc

WHISPER 103

Whisper

103

641282

160

Geoinformatics Alaska Exploration Inc

WHISPER 104

Whisper

104

641283

160

Geoinformatics Alaska Exploration Inc

WHISPER 110

Whisper

110

641284

160

Geoinformatics Alaska Exploration Inc

WHISPER 111

Whisper

111

641285

160

Geoinformatics Alaska Exploration Inc

WHISPER 112

Whisper

112

641286

160

Geoinformatics Alaska Exploration Inc

WHISPER 113

Whisper

113

641287

160

Geoinformatics Alaska Exploration Inc

WHISPER 114

Whisper

114

641288

160

Geoinformatics Alaska Exploration Inc

WHISPER 115

Whisper

115

641289

160

Geoinformatics Alaska Exploration Inc

WHISPER 116

Whisper

116

641290

160

Geoinformatics Alaska Exploration Inc

WHISPER 117

Whisper

117

641291

160

Geoinformatics Alaska Exploration Inc

WHISPER 118

Whisper

118

641292

160

Geoinformatics Alaska Exploration Inc

WHISPER 119

Whisper

119

641293

160

Geoinformatics Alaska Exploration Inc

WHISPER 121

Whisper

121

641294

160

Geoinformatics Alaska Exploration Inc

WHISPER 122

Whisper

122

641295

160

Geoinformatics Alaska Exploration Inc

WHISPER 123

Whisper

123

641296

160

Geoinformatics Alaska Exploration Inc

WHISPER 124

Whisper

124

641297

160

Geoinformatics Alaska Exploration Inc

WHISPER 125

Whisper

125

641298

160

Geoinformatics Alaska Exploration Inc

WHISPER 126

Whisper

126

641299

160

Geoinformatics Alaska Exploration Inc

WHISPER 131

Whisper

131

641300

160

Geoinformatics Alaska Exploration Inc

WHISPER 132

Whisper

132

641301

160

Geoinformatics Alaska Exploration Inc

WHISPER 133

Whisper

133

641302

160

Geoinformatics Alaska Exploration Inc

WHISPER 134

Whisper

134

641303

160

Geoinformatics Alaska Exploration Inc

WHISPER 135

Whisper

135

641304

160

Geoinformatics Alaska Exploration Inc

WHISPER 138

Whisper

138

641305

160

Geoinformatics Alaska Exploration Inc

WHISPER 144

Whisper

144

641306

160

Geoinformatics Alaska Exploration Inc

WHISPER 145

Whisper

145

641307

160

Geoinformatics Alaska Exploration Inc

WHISPER 146

Whisper

146

641308

160

Geoinformatics Alaska Exploration Inc

WHISPER 147

Whisper

147

641308

160

Geoinformatics Alaska Exploration Inc

WHISPER 148

Whisper

148

641310

160

Geoinformatics Alaska Exploration Inc

WHISPER 149

Whisper

149

641311

160

Geoinformatics Alaska Exploration Inc

WHISPER 150

Whisper

150

641312

160

Geoinformatics Alaska Exploration Inc

WHISPER 151

Whisper

151

641313

160

Geoinformatics Alaska Exploration Inc

WHISPER 152

Whisper

152

641314

160

Geoinformatics Alaska Exploration Inc

WHISPER 153

Whisper

153

641315

160

Geoinformatics Alaska Exploration Inc

WHISPER 154

Whisper

154

641316

160

Geoinformatics Alaska Exploration Inc

WHISPER 155

Whisper

155

641317

160

Geoinformatics Alaska Exploration Inc

WHISPER 156

Whisper

156

641318

160

Geoinformatics Alaska Exploration Inc

WHISPER 182

Whisper

182

641319

160

Geoinformatics Alaska Exploration Inc

WHISPER 157

Whisper

157

641320

160

Geoinformatics Alaska Exploration Inc

WHISPER 158

Whisper

158

641321

160

Geoinformatics Alaska Exploration Inc

WHISPER 159

Whisper

159

641322

160

Geoinformatics Alaska Exploration Inc

WHISPER 160

Whisper

160

641323

160

Geoinformatics Alaska Exploration Inc

WHISPER 161

Whisper

161

641324

160

Geoinformatics Alaska Exploration Inc

WHISPER 162

Whisper

162

641325

160

Geoinformatics Alaska Exploration Inc

WHISPER 163

Whisper

163

641326

160

Geoinformatics Alaska Exploration Inc

WHISPER 164

Whisper

164

641327

160

Geoinformatics Alaska Exploration Inc

WHISPER 165

Whisper

165

641328

160

Geoinformatics Alaska Exploration Inc

WHISPER 166

Whisper

166

641329

160

Geoinformatics Alaska Exploration Inc

WHISPER 167

Whisper

167

641330

160

Geoinformatics Alaska Exploration Inc

WHISPER 168

Whisper

168

641331

160

Geoinformatics Alaska Exploration Inc

WHISPER 169

Whisper

169

641332

160

Geoinformatics Alaska Exploration Inc

WHISPER 170

Whisper

170

641333

160

Geoinformatics Alaska Exploration Inc

WHISPER 171

Whisper

171

641334

160

Geoinformatics Alaska Exploration Inc

WHISPER 172

Whisper

172

641335

160

Geoinformatics Alaska Exploration Inc

WHISPER 173

Whisper

173

641336

160

Geoinformatics Alaska Exploration Inc

WHISPER 174

Whisper

174

641337

160

Geoinformatics Alaska Exploration Inc

WHISPER 175

Whisper

175

641338

160

Geoinformatics Alaska Exploration Inc

WHISPER 176

Whisper

176

641339

160

Geoinformatics Alaska Exploration Inc

WHISPER 177

Whisper

177

641340

160

Geoinformatics Alaska Exploration Inc

WHISPER 178

Whisper

178

641341

160

Geoinformatics Alaska Exploration Inc

WHISPER 179

Whisper

179

641342

160

Geoinformatics Alaska Exploration Inc

WHISPER 180

Whisper

180

641343

160

Geoinformatics Alaska Exploration Inc

WHISPER 183

Whisper

183

644845

160

Geoinformatics Alaska Exploration Inc

WHISPER 185

Whisper

185

644846

160

Geoinformatics Alaska Exploration Inc

WHISPER 186

Whisper

186

644847

160

Geoinformatics Alaska Exploration Inc

WHISPER 187

Whisper

187

644848

160

Geoinformatics Alaska Exploration Inc

IM 1

IM

1

645698

160

Geoinformatics Alaska Exploration Inc

IM 2

IM

2

645699

160

Geoinformatics Alaska Exploration Inc

IM 3

IM

3

645700

160

Geoinformatics Alaska Exploration Inc

IM 4

IM

4

645701

160

Geoinformatics Alaska Exploration Inc

IM 5

IM

5

645702

160

Geoinformatics Alaska Exploration Inc

IM 10

IM

10

645703

160

Geoinformatics Alaska Exploration Inc

IM 11

IM

11

645704

160

Geoinformatics Alaska Exploration Inc

IM 12

IM

12

645705

160

Geoinformatics Alaska Exploration Inc

IM 13

IM

13

645706

160

Geoinformatics Alaska Exploration Inc

IM 14

IM

14

645707

160

Geoinformatics Alaska Exploration Inc

IM 15

IM

15

645708

160

Geoinformatics Alaska Exploration Inc

IM 19

IM

19

645709

160

Geoinformatics Alaska Exploration Inc

IM 20

IM

20

645710

160

Geoinformatics Alaska Exploration Inc

IM 21

IM

21

645711

160

Geoinformatics Alaska Exploration Inc

IM 22

IM

22

645712

160

Geoinformatics Alaska Exploration Inc

IM 23

IM

23

645713

160

Geoinformatics Alaska Exploration Inc

IM 24

IM

24

645714

160

Geoinformatics Alaska Exploration Inc

IM 28

IM

28

645715

160

Geoinformatics Alaska Exploration Inc

IM 29

IM

29

645716

160

Geoinformatics Alaska Exploration Inc

IM 30

IM

30

645717

160

Geoinformatics Alaska Exploration Inc

IM 31

IM

31

645718

160

Geoinformatics Alaska Exploration Inc

IM 32

IM

32

645719

160

Geoinformatics Alaska Exploration Inc

IM 33

IM

33

645720

160

Geoinformatics Alaska Exploration Inc

IM 34

IM

34

645721

160

Geoinformatics Alaska Exploration Inc

IM 35

IM

35

645722

160

Geoinformatics Alaska Exploration Inc

IM 37

IM

36

645723

160

Geoinformatics Alaska Exploration Inc

IM 38

IM

37

645724

160

Geoinformatics Alaska Exploration Inc

IM 39

IM

38

645725

160

Geoinformatics Alaska Exploration Inc

IM 40

IM

40

645726

160

Geoinformatics Alaska Exploration Inc

IM 41

IM

41

645727

160

Geoinformatics Alaska Exploration Inc

IM 42

IM

42

645728

160

Geoinformatics Alaska Exploration Inc

IM 44

IM

44

645729

160

Geoinformatics Alaska Exploration Inc

IM 45

IM

45

645730

160

Geoinformatics Alaska Exploration Inc

IM 46

IM

46

645731

160

Geoinformatics Alaska Exploration Inc

IM 47

IM

47

645732

160

Geoinformatics Alaska Exploration Inc

IM 48

IM

48

645733

160

Geoinformatics Alaska Exploration Inc

IM 49

IM

49

645734

160

Geoinformatics Alaska Exploration Inc

IM 51

IM

51

645735

160

Geoinformatics Alaska Exploration Inc

IM 52

IM

52

645736

160

Geoinformatics Alaska Exploration Inc

IM 53

IM

53

645737

160

Geoinformatics Alaska Exploration Inc

IM 54

IM

54

645738

160

Geoinformatics Alaska Exploration Inc

IM 56

IM

56

645739

160

Geoinformatics Alaska Exploration Inc

IM 57

IM

57

645740

160

Geoinformatics Alaska Exploration Inc

IM 58

IM

58

645741

160

Geoinformatics Alaska Exploration Inc

IM 59

IM

59

645742

160

Geoinformatics Alaska Exploration Inc

IM 6

IM

6

646059

160

Geoinformatics Alaska Exploration Inc

IM 7

IM

7

646060

160

Geoinformatics Alaska Exploration Inc

IM 8

IM

8

646061

160

Geoinformatics Alaska Exploration Inc

IM 9

IM

9

646062

160

Geoinformatics Alaska Exploration Inc

IM 16

IM

16

646063

160

Geoinformatics Alaska Exploration Inc

IM 17

IM

17

646064

160

Geoinformatics Alaska Exploration Inc

IM 18

IM

18

646065

160

Geoinformatics Alaska Exploration Inc

IM 25

IM

25

646066

160

Geoinformatics Alaska Exploration Inc

IM 26

IM

26

646067

160

Geoinformatics Alaska Exploration Inc

IM 27

IM

27

646068

160

Geoinformatics Alaska Exploration Inc

IM 36

IM

36

646069

160

Geoinformatics Alaska Exploration Inc

IM 43

IM

43

646070

160

Geoinformatics Alaska Exploration Inc

IM 50

IM

50

646071

160

Geoinformatics Alaska Exploration Inc

IM 55

IM

55

646072

160

Geoinformatics Alaska Exploration Inc

IM 60

IM

60

646073

160

Geoinformatics Alaska Exploration Inc

IM 61

IM

61

646074

160

Geoinformatics Alaska Exploration Inc

IM 62

IM

62

646075

160

Geoinformatics Alaska Exploration Inc

IM 63

IM

63

646076

160

Geoinformatics Alaska Exploration Inc

IM 64

IM

64

646077

160

Geoinformatics Alaska Exploration Inc

IM 65

IM

65

646078

160

Geoinformatics Alaska Exploration Inc

IM 66

IM

66

646079

160

Geoinformatics Alaska Exploration Inc

IM 67

IM

67

646080

160

Geoinformatics Alaska Exploration Inc

IM 68

IM

68

646081

160

Geoinformatics Alaska Exploration Inc

IM 69

IM

69

646082

160

Geoinformatics Alaska Exploration Inc

IM 70

IM

70

646083

160

Geoinformatics Alaska Exploration Inc

WHISPER 184

Whisper

184

646084

160

Geoinformatics Alaska Exploration Inc

WHISPER 188

Whisper

188

646085

160

Geoinformatics Alaska Exploration Inc

WHISPER 189

Whisper

189

646086

160

Geoinformatics Alaska Exploration Inc

WHISPER 190

Whisper

190

646087

160

Geoinformatics Alaska Exploration Inc

WHISPER 191

Whisper

191

646088

160

Geoinformatics Alaska Exploration Inc

WHISPER 192

Whisper

192

646089

160

Geoinformatics Alaska Exploration Inc

WHISPER 193

Whisper

193

646090

160

Geoinformatics Alaska Exploration Inc

WHISPER 194

Whisper

194

646091

160

Geoinformatics Alaska Exploration Inc

WHISPER 195

Whisper

195

646092

160

Geoinformatics Alaska Exploration Inc

WHISPER 196

Whisper

196

646093

160

Geoinformatics Alaska Exploration Inc

WHISPER 197

Whisper

197

646094

160

Geoinformatics Alaska Exploration Inc

WHISPER 198

Whisper

198

646095

160

Geoinformatics Alaska Exploration Inc

WHISPER 199

Whisper

199

646096

160

Geoinformatics Alaska Exploration Inc

WHISPER 200

Whisper

200

646097

160

Geoinformatics Alaska Exploration Inc

WHISPER 201

Whisper

201

646098

160

Geoinformatics Alaska Exploration Inc

WHISPER 202

Whisper

202

646099

160

Geoinformatics Alaska Exploration Inc

WHISPER 203

Whisper

203

646100

160

Geoinformatics Alaska Exploration Inc

WHISPER 204

Whisper

204

646101

160

Geoinformatics Alaska Exploration Inc

WHISPER 205

Whisper

205

646102

160

Geoinformatics Alaska Exploration Inc

WHISPER 206

Whisper

206

646103

160

Geoinformatics Alaska Exploration Inc

WHISPER 207

Whisper

207

646104

160

Geoinformatics Alaska Exploration Inc

WHISPER 208

Whisper

208

646105

160

Geoinformatics Alaska Exploration Inc

WHISPER 209

Whisper

209

646106

160

Geoinformatics Alaska Exploration Inc

WHISPER 210

Whisper

210

646107

160

Geoinformatics Alaska Exploration Inc

WHISPER 211

Whisper

211

646108

160

Geoinformatics Alaska Exploration Inc

WHISPER 212

Whisper

212

646109

160

Geoinformatics Alaska Exploration Inc

WHISPER 213

Whisper

213

646110

160

Geoinformatics Alaska Exploration Inc

WHISPER 214

Whisper

214

646111

160

Geoinformatics Alaska Exploration Inc

WHISPER 215

Whisper

215

646112

160

Geoinformatics Alaska Exploration Inc

WHISPER 216

Whisper

216

646113

160

Geoinformatics Alaska Exploration Inc

WHISPER 217

Whisper

217

646114

160

Geoinformatics Alaska Exploration Inc

WHISPER 218

Whisper

218

646115

160

Geoinformatics Alaska Exploration Inc

WHISPER 219

Whisper

219

646116

160

Geoinformatics Alaska Exploration Inc

WHISPER 220

Whisper

220

646117

160

Geoinformatics Alaska Exploration Inc

WHISPER 221

Whisper

221

646118

160

Geoinformatics Alaska Exploration Inc

WHISPER 222

Whisper

222

646119

160

Geoinformatics Alaska Exploration Inc

WHISPER 223

Whisper

223

646120

160

Geoinformatics Alaska Exploration Inc

WHISPER 224

Whisper

224

646121

160

Geoinformatics Alaska Exploration Inc

WHISPER 225

Whisper

225

646122

160

Geoinformatics Alaska Exploration Inc

WHISPER 226

Whisper

226

646123

160

Geoinformatics Alaska Exploration Inc

WHISPER 227

Whisper

227

646124

160

Geoinformatics Alaska Exploration Inc

WHISPER 228

Whisper

228

646125

160

Geoinformatics Alaska Exploration Inc

WHISPER 229

Whisper

229

646126

160

Geoinformatics Alaska Exploration Inc

WHISPER 230

Whisper

230

646127

160

Geoinformatics Alaska Exploration Inc

WHISPER 231

Whisper

231

646128

160

Geoinformatics Alaska Exploration Inc

WHISPER 232

Whisper

232

646129

160

Geoinformatics Alaska Exploration Inc

WHISPER 233

Whisper

233

646130

160

Geoinformatics Alaska Exploration Inc

WHISPER 234

Whisper

234

646131

160

Geoinformatics Alaska Exploration Inc

WHISPER 235

Whisper

235

646132

160

Geoinformatics Alaska Exploration Inc

WHISPER 236

Whisper

236

646133

160

Geoinformatics Alaska Exploration Inc

WHISPER 240

Whisper

240

646137

160

Geoinformatics Alaska Exploration Inc

WHISPER 241

Whisper

241

646138

160

Geoinformatics Alaska Exploration Inc

WHISPER 242

Whisper

242

646139

160

Geoinformatics Alaska Exploration Inc

WHISPER 243

Whisper

243

646140

160

Geoinformatics Alaska Exploration Inc

WHISPER 244

Whisper

244

646141

160

Geoinformatics Alaska Exploration Inc

WHISPER 245

Whisper

245

646142

160

Geoinformatics Alaska Exploration Inc

WHISPER 246

Whisper

246

646143

160

Geoinformatics Alaska Exploration Inc

WHISPER 247

Whisper

247

646144

160

Geoinformatics Alaska Exploration Inc

WHISPER 248

Whisper

248

646145

160

Geoinformatics Alaska Exploration Inc

WHISPER 249

Whisper

249

646146

160

Geoinformatics Alaska Exploration Inc

WHISPER 250

Whisper

250

646147

160

Geoinformatics Alaska Exploration Inc

WHISPER 265

Whisper

265

646162

160

Geoinformatics Alaska Exploration Inc

WHISPER 266

Whisper

266

646163

160

Geoinformatics Alaska Exploration Inc

WHISPER 267

Whisper

267

646164

160

Geoinformatics Alaska Exploration Inc

WHISPER 268

Whisper

268

646165

160

Geoinformatics Alaska Exploration Inc

WHISPER 269

Whisper

269

646166

160

Geoinformatics Alaska Exploration Inc

WHISPER 284

Whisper

284

646181

160

Geoinformatics Alaska Exploration Inc

WHISPER 285

Whisper

285

646182

160

Geoinformatics Alaska Exploration Inc

WHISPER 286

Whisper

286

646183

160

Geoinformatics Alaska Exploration Inc

WHISPER 287

Whisper

287

646184

160

Geoinformatics Alaska Exploration Inc

WHISPER 288

Whisper

288

646185

160

Geoinformatics Alaska Exploration Inc

WHISPER 289

Whisper

289

646186

160

Geoinformatics Alaska Exploration Inc

WHISPER 290

Whisper

290

646187

160

Geoinformatics Alaska Exploration Inc

WHISPER 305

Whisper

305

646202

160

Geoinformatics Alaska Exploration Inc

WHISPER 306

Whisper

306

646203

160

Geoinformatics Alaska Exploration Inc

WHISPER 307

Whisper

307

646204

160

Geoinformatics Alaska Exploration Inc

WHISPER 308

Whisper

308

646205

160

Geoinformatics Alaska Exploration Inc

WHISPER 309

Whisper

309

646206

160

Geoinformatics Alaska Exploration Inc

WHISPER 310

Whisper

310

646207

160

Geoinformatics Alaska Exploration Inc

WHISPER 311

Whisper

311

646208

160

Geoinformatics Alaska Exploration Inc

WHISPER 326

Whisper

326

646223

160

Geoinformatics Alaska Exploration Inc

WHISPER 327

Whisper

327

646224

160

Geoinformatics Alaska Exploration Inc

WHISPER 328

Whisper

328

646225

160

Geoinformatics Alaska Exploration Inc

WHISPER 329

Whisper

329

646226

160

Geoinformatics Alaska Exploration Inc

WHISPER 330

Whisper

330

646227

160

Geoinformatics Alaska Exploration Inc

WHISPER 331

Whisper

331

646228

160

Geoinformatics Alaska Exploration Inc

WHISPER 332

Whisper

332

646229

160

Geoinformatics Alaska Exploration Inc

WHISPER 336

Whisper

336

646233

160

Geoinformatics Alaska Exploration Inc

WHISPER 337

Whisper

337

646234

160

Geoinformatics Alaska Exploration Inc

WHISPER 338

Whisper

338

646235

160

Geoinformatics Alaska Exploration Inc

WHISPER 339

Whisper

339

646236

160

Geoinformatics Alaska Exploration Inc

WHISPER 340

Whisper

340

646237

160

Geoinformatics Alaska Exploration Inc

WHISPER 341

Whisper

341

646238

160

Geoinformatics Alaska Exploration Inc

WHISPER 342

Whisper

342

646239

160

Geoinformatics Alaska Exploration Inc

WHISPER 347

Whisper

347

646244

160

Geoinformatics Alaska Exploration Inc

WHISPER 348

Whisper

348

646245

160

Geoinformatics Alaska Exploration Inc

WHISPER 349

Whisper

349

646246

160

Geoinformatics Alaska Exploration Inc

WHISPER 350

Whisper

350

646247

160

Geoinformatics Alaska Exploration Inc

WHISPER 351

Whisper

351

646248

160

Geoinformatics Alaska Exploration Inc

WHISPER 352

Whisper

352

646249

160

Geoinformatics Alaska Exploration Inc

WHISPER 353

Whisper

353

646250

160

Geoinformatics Alaska Exploration Inc

WHISPER 354

Whisper

354

646251

160

Geoinformatics Alaska Exploration Inc

WHISPER 355

Whisper

355

646252

160

Geoinformatics Alaska Exploration Inc

WHISPER 356

Whisper

356

646253

160

Geoinformatics Alaska Exploration Inc

WHISPER 357

Whisper

357

646254

160

Geoinformatics Alaska Exploration Inc

WHISPER 358

Whisper

358

646255

160

Geoinformatics Alaska Exploration Inc

WHISPER 359

Whisper

359

646256

160

Geoinformatics Alaska Exploration Inc

WHISPER 360

Whisper

360

646257

160

Geoinformatics Alaska Exploration Inc

WHISPER 361

Whisper

361

646258

160

Geoinformatics Alaska Exploration Inc

WHISPER 365

Whisper

365

646262

160

Geoinformatics Alaska Exploration Inc

WHISPER 366

Whisper

366

646263

160

Geoinformatics Alaska Exploration Inc

WHISPER 367

Whisper

367

646264

160

Geoinformatics Alaska Exploration Inc

WHISPER 368

Whisper

368

646265

160

Geoinformatics Alaska Exploration Inc

WHISPER 369

Whisper

369

646266

160

Geoinformatics Alaska Exploration Inc

WHISPER 370

Whisper

370

646267

160

Geoinformatics Alaska Exploration Inc

WHISPER 371

Whisper

371

646268

160

Geoinformatics Alaska Exploration Inc

WHISPER 372

Whisper

372

646269

160

Geoinformatics Alaska Exploration Inc

WHISPER 373

Whisper

373

646270

160

Geoinformatics Alaska Exploration Inc

WHISPER 374

Whisper

374

646271

160

Geoinformatics Alaska Exploration Inc

WHISPER 375

Whisper

375

646272

160

Geoinformatics Alaska Exploration Inc

WHISPER 376

Whisper

376

646273

160

Geoinformatics Alaska Exploration Inc

WHISPER 377

Whisper

377

646274

160

Geoinformatics Alaska Exploration Inc

WHISPER 378

Whisper

378

646275

160

Geoinformatics Alaska Exploration Inc

WHISPER 379

Whisper

379

646276

160

Geoinformatics Alaska Exploration Inc

WHISPER 380

Whisper

380

646277

160

Geoinformatics Alaska Exploration Inc

WHISPER 381

Whisper

381

646278

160

Geoinformatics Alaska Exploration Inc

WHISPER 382

Whisper

382

646279

160

Geoinformatics Alaska Exploration Inc

WHISPER 383

Whisper

383

646280

160

Geoinformatics Alaska Exploration Inc

WHISPER 384

Whisper

384

646281

160

Geoinformatics Alaska Exploration Inc

WHISPER 385

Whisper

385

646282

160

Geoinformatics Alaska Exploration Inc

WHISPER 386

Whisper

386

646283

160

Geoinformatics Alaska Exploration Inc

WHISPER 387

Whisper

387

646284

160

Geoinformatics Alaska Exploration Inc

WHISPER 388

Whisper

388

646285

160

Geoinformatics Alaska Exploration Inc

WHISPER 389

Whisper

389

646286

160

Geoinformatics Alaska Exploration Inc

WHISPER 390

Whisper

390

646287

160

Geoinformatics Alaska Exploration Inc

WHISPER 391

Whisper

391

646288

160

Geoinformatics Alaska Exploration Inc

WHISPER 392

Whisper

392

646289

160

Geoinformatics Alaska Exploration Inc

WHISPER 393

Whisper

393

646290

160

Geoinformatics Alaska Exploration Inc

WHISPER 394

Whisper

394

646291

160

Geoinformatics Alaska Exploration Inc

WHISPER 395

Whisper

395

646292

160

Geoinformatics Alaska Exploration Inc

WHISPER 396

Whisper

396

646293

160

Geoinformatics Alaska Exploration Inc

WHISPER 397

Whisper

397

646294

160

Geoinformatics Alaska Exploration Inc

WHISPER 398

Whisper

398

646295

160

Geoinformatics Alaska Exploration Inc

WHISPER 399

Whisper

399

646296

160

Geoinformatics Alaska Exploration Inc

WHISPER 400

Whisper

400

646297

160

Geoinformatics Alaska Exploration Inc

WHISPER 401

Whisper

401

646298

160

Geoinformatics Alaska Exploration Inc

WHISPER 402

Whisper

402

646299

160

Geoinformatics Alaska Exploration Inc

WHISPER 403

Whisper

403

646300

160

Geoinformatics Alaska Exploration Inc

WHISPER 404

Whisper

404

646301

160

Geoinformatics Alaska Exploration Inc

WHISPER 405

Whisper

405

646302

160

Geoinformatics Alaska Exploration Inc

WHISPER 406

Whisper

406

646303

160

Geoinformatics Alaska Exploration Inc

WHISPER 407

Whisper

407

646304

160

Geoinformatics Alaska Exploration Inc

WHISPER 408

Whisper

408

646305

160

Geoinformatics Alaska Exploration Inc

WHISPER 409

Whisper

409

646306

160

Geoinformatics Alaska Exploration Inc

WHISPER 410

Whisper

410

646307

160

Geoinformatics Alaska Exploration Inc

WHISPER 411

Whisper

411

646308

160

Geoinformatics Alaska Exploration Inc

WHISPER 412

Whisper

412

646309

160

Geoinformatics Alaska Exploration Inc

WHISPER 413

Whisper

413

646310

160

Geoinformatics Alaska Exploration Inc

WHISPER 414

Whisper

414

646311

160

Geoinformatics Alaska Exploration Inc

WHISPER 415

Whisper

415

646312

160

Geoinformatics Alaska Exploration Inc

WHISPER 416

Whisper

416

646313

160

Geoinformatics Alaska Exploration Inc

WHISPER 417

Whisper

417

646314

160

Geoinformatics Alaska Exploration Inc

WHISPER 418

Whisper

418

646315

160

Geoinformatics Alaska Exploration Inc

WHISPER 419

Whisper

419

646316

160

Geoinformatics Alaska Exploration Inc

WHISPER 420

Whisper

420

646317

160

Geoinformatics Alaska Exploration Inc

WHISPER 421

Whisper

421

646318

160

Geoinformatics Alaska Exploration Inc

WHISPER 422

Whisper

422

646319

160

Geoinformatics Alaska Exploration Inc

WHISPER 423

Whisper

423

646320

160

Geoinformatics Alaska Exploration Inc

WHISPER 424

Whisper

424

646321

160

Geoinformatics Alaska Exploration Inc

WHISPER 425

Whisper

425

646322

160

Geoinformatics Alaska Exploration Inc

WHISPER 426

Whisper

426

646323

160

Geoinformatics Alaska Exploration Inc

WHISPER 427

Whisper

427

646324

160

Geoinformatics Alaska Exploration Inc

WHISPER 428

Whisper

428

646325

160

Geoinformatics Alaska Exploration Inc

WHISPER 429

Whisper

429

646326

160

Geoinformatics Alaska Exploration Inc

WHISPER 430

Whisper

430

646327

160

Geoinformatics Alaska Exploration Inc

WHISPER 431

Whisper

431

646328

160

Geoinformatics Alaska Exploration Inc

WHISPER 432

Whisper

432

646329

160

Geoinformatics Alaska Exploration Inc

WHISPER 433

Whisper

433

646330

160

Geoinformatics Alaska Exploration Inc

WHISPER 434

Whisper

434

646331

160

Geoinformatics Alaska Exploration Inc

WHISPER 435

Whisper

435

646332

160

Geoinformatics Alaska Exploration Inc

WHISPER 436

Whisper

436

646333

160

Geoinformatics Alaska Exploration Inc

WHISPER 437

Whisper

437

646334

160

Geoinformatics Alaska Exploration Inc

WHISPER 438

Whisper

438

646335

160

Geoinformatics Alaska Exploration Inc

WHISPER 439

Whisper

439

646336

160

Geoinformatics Alaska Exploration Inc

WHISPER 440

Whisper

440

646337

160

Geoinformatics Alaska Exploration Inc

WHISPER 441

Whisper

441

646338

160

Geoinformatics Alaska Exploration Inc

WHISPER 442

Whisper

442

646339

160

Geoinformatics Alaska Exploration Inc

WHISPER 443

Whisper

443

646340

160

Geoinformatics Alaska Exploration Inc

WHISPER 444

Whisper

444

646341

160

Geoinformatics Alaska Exploration Inc

WHISPER 445

Whisper

445

646342

160

Geoinformatics Alaska Exploration Inc

WHISPER 446

Whisper

446

646343

160

Geoinformatics Alaska Exploration Inc

WHISPER 447

Whisper

447

646344

160

Geoinformatics Alaska Exploration Inc

WHISPER 448

Whisper

448

646345

160

Geoinformatics Alaska Exploration Inc

WHISPER 449

Whisper

449

646346

160

Geoinformatics Alaska Exploration Inc

WHISPER 450

Whisper

450

646347

160

Geoinformatics Alaska Exploration Inc

WHISPER 451

Whisper

451

646348

160

Geoinformatics Alaska Exploration Inc

WHISPER 452

Whisper

452

646349

160

Geoinformatics Alaska Exploration Inc

WHISPER 453

Whisper

453

646350

160

Geoinformatics Alaska Exploration Inc

WHISPER 454

Whisper

454

646351

160

Geoinformatics Alaska Exploration Inc

WHISPER 455

Whisper

455

646352

160

Geoinformatics Alaska Exploration Inc

WHISPER 456

Whisper

456

646353

160

Geoinformatics Alaska Exploration Inc

WHISPER 457

Whisper

457

646354

160

Geoinformatics Alaska Exploration Inc

WHISPER 458

Whisper

458

646355

160

Geoinformatics Alaska Exploration Inc

WHISPER 459

Whisper

459

646356

160

Geoinformatics Alaska Exploration Inc

WHISPER 460

Whisper

460

646357

160

Geoinformatics Alaska Exploration Inc

WHISPER 461

Whisper

461

646358

160

Geoinformatics Alaska Exploration Inc

IM 71

IM

71

646764

160

Geoinformatics Alaska Exploration Inc

IM 72

IM

72

646765

160

Geoinformatics Alaska Exploration Inc

IM 73

IM

73

646766

160

Geoinformatics Alaska Exploration Inc

IM 74

IM

74

646767

160

Geoinformatics Alaska Exploration Inc

IM 75

IM

75

646768

160

Geoinformatics Alaska Exploration Inc

IM 76

IM

76

646769

160

Geoinformatics Alaska Exploration Inc

IM 77

IM

77

646770

160

Geoinformatics Alaska Exploration Inc

IM 78

IM

78

646771

160

Geoinformatics Alaska Exploration Inc

IM 79

IM

79

646772

160

Geoinformatics Alaska Exploration Inc

IM 80

IM

80

646773

160

Geoinformatics Alaska Exploration Inc

IM 81

IM

81

646774

160

Geoinformatics Alaska Exploration Inc

IM 82

IM

82

646775

160

Geoinformatics Alaska Exploration Inc

IM 83

IM

83

646776

160

Geoinformatics Alaska Exploration Inc

IM 84

IM

84

646777

160

Geoinformatics Alaska Exploration Inc

IM 85

IM

85

646778

160

Geoinformatics Alaska Exploration Inc

IM 86

IM

86

646779

160

Geoinformatics Alaska Exploration Inc

IM 87

IM

87

646780

160

Geoinformatics Alaska Exploration Inc

IM 88

IM

88

646781

160

Geoinformatics Alaska Exploration Inc

IM 89

IM

89

646782

160

Geoinformatics Alaska Exploration Inc

IM 90

IM

90

646783

160

Geoinformatics Alaska Exploration Inc

IM 91

IM

91

646784

160

Geoinformatics Alaska Exploration Inc

IM 92

IM

92

646785

160

Geoinformatics Alaska Exploration Inc

IM 93

IM

93

646786

160

Geoinformatics Alaska Exploration Inc

IM 94

IM

94

646787

160

Geoinformatics Alaska Exploration Inc

IM 95

IM

95

646788

160

Geoinformatics Alaska Exploration Inc

IM 96

IM

96

646789

160

Geoinformatics Alaska Exploration Inc

IM 97

IM

97

646790

160

Geoinformatics Alaska Exploration Inc

IM 98

IM

98

646791

160

Geoinformatics Alaska Exploration Inc

IM 99

IM

99

646792

160

Geoinformatics Alaska Exploration Inc

IM 100

IM

100

646793

160

Geoinformatics Alaska Exploration Inc

IM 101

IM

101

646794

160

Geoinformatics Alaska Exploration Inc

IM 102

IM

102

646795

160

Geoinformatics Alaska Exploration Inc

IM 103

IM

103

646796

160

Geoinformatics Alaska Exploration Inc

IM 104

IM

104

646797

160

Geoinformatics Alaska Exploration Inc

IM 105

IM

105

646798

160

Geoinformatics Alaska Exploration Inc

IM 106

IM

106

646799

160

Geoinformatics Alaska Exploration Inc

IM 107

IM

107

646800

160

Geoinformatics Alaska Exploration Inc

IM 108

IM

108

646801

160

Geoinformatics Alaska Exploration Inc

IM 109

IM

109

646802

160

Geoinformatics Alaska Exploration Inc

IM 110

IM

110

646803

160

Geoinformatics Alaska Exploration Inc

IM 111

IM

111

646804

160

Geoinformatics Alaska Exploration Inc

IM 112

IM

112

646805

160

Geoinformatics Alaska Exploration Inc

IM 113

IM

113

646806

160

Geoinformatics Alaska Exploration Inc

IM 114

IM

114

646807

160

Geoinformatics Alaska Exploration Inc

IM 115

IM

115

646808

160

Geoinformatics Alaska Exploration Inc

IM 116

IM

116

646809

160

Geoinformatics Alaska Exploration Inc

IM 117

IM

117

646810

160

Geoinformatics Alaska Exploration Inc

IM 118

IM

118

646811

160

Geoinformatics Alaska Exploration Inc

IM 119

IM

119

646812

160

Geoinformatics Alaska Exploration Inc

IM 120

IM

120

646813

160

Geoinformatics Alaska Exploration Inc

IM 121

IM

121

646814

160

Geoinformatics Alaska Exploration Inc

IM 122

IM

122

646815

160

Geoinformatics Alaska Exploration Inc

IM 123

IM

123

646816

160

Geoinformatics Alaska Exploration Inc

IM 124

IM

124

646817

160

Geoinformatics Alaska Exploration Inc

IM 125

IM

125

646818

160

Geoinformatics Alaska Exploration Inc

IM 126

IM

126

646819

160

Geoinformatics Alaska Exploration Inc

IM 127

IM

127

646820

160

Geoinformatics Alaska Exploration Inc

IM 128

IM

128

646821

160

Geoinformatics Alaska Exploration Inc

WHISPER 462

Whisper

462

646822

160

Geoinformatics Alaska Exploration Inc

WHISPER 463

Whisper

463

646823

160

Geoinformatics Alaska Exploration Inc

WHISPER 464

Whisper

464

646824

160

Geoinformatics Alaska Exploration Inc

WHISPER 465

Whisper

465

646825

160

Geoinformatics Alaska Exploration Inc

WHISPER 466

Whisper

466

646826

160

Geoinformatics Alaska Exploration Inc

WHISPER 467

Whisper

467

646827

160

Geoinformatics Alaska Exploration Inc

WHISPER 468

Whisper

468

646828

160

Geoinformatics Alaska Exploration Inc

WHISPER 469

Whisper

469

646829

160

Geoinformatics Alaska Exploration Inc

WHISPER 470

Whisper

470

646830

160

Geoinformatics Alaska Exploration Inc

WHISPER 471

Whisper

471

646831

160

Geoinformatics Alaska Exploration Inc

WHISPER 472

Whisper

472

646832

160

Geoinformatics Alaska Exploration Inc

WHISPER 473

Whisper

473

646833

160

Geoinformatics Alaska Exploration Inc

WHISPER 474

Whisper

474

646834

160

Geoinformatics Alaska Exploration Inc

WHISPER 475

Whisper

475

646835

160

Geoinformatics Alaska Exploration Inc

WHISPER 476

Whisper

476

646836

160

Geoinformatics Alaska Exploration Inc

WHISPER 477

Whisper

477

646837

160

Geoinformatics Alaska Exploration Inc

WHISPER 478

Whisper

478

646838

160

Geoinformatics Alaska Exploration Inc

WHISPER 479

Whisper

479

646839

160

Geoinformatics Alaska Exploration Inc

WHISPER 480

Whisper

480

646840

160

Geoinformatics Alaska Exploration Inc

WHISPER 481

Whisper

481

646841

160

Geoinformatics Alaska Exploration Inc

WHISPER 482

Whisper

482

646842

160

Geoinformatics Alaska Exploration Inc

WHISPER 483

Whisper

483

646843

160

Geoinformatics Alaska Exploration Inc

WHISPER 484

Whisper

484

646844

160

Geoinformatics Alaska Exploration Inc

WHISPER 485

Whisper

485

646845

160

Geoinformatics Alaska Exploration Inc

WHISPER 486

Whisper

486

646846

160

Geoinformatics Alaska Exploration Inc

WHISPER 487

Whisper

487

646847

160

Geoinformatics Alaska Exploration Inc

WHISPER 488

Whisper

488

646848

160

Geoinformatics Alaska Exploration Inc

WHISPER 489

Whisper

489

646849

160

Geoinformatics Alaska Exploration Inc

WHISPER 490

Whisper

490

646850

160

Geoinformatics Alaska Exploration Inc

WHISPER 491

Whisper

491

646851

160

Geoinformatics Alaska Exploration Inc

WHISPER 492

Whisper

492

646852

160

Geoinformatics Alaska Exploration Inc

WHISPER 493

Whisper

493

646853

160

Geoinformatics Alaska Exploration Inc

WHISPER 494

Whisper

494

646854

160

Geoinformatics Alaska Exploration Inc

WHISPER 495

Whisper

495

646855

160

Geoinformatics Alaska Exploration Inc

WHISPER 496

Whisper

496

646856

160

Geoinformatics Alaska Exploration Inc

WHISPER 497

Whisper

497

646857

160

Geoinformatics Alaska Exploration Inc

WHISPER 498

Whisper

498

646858

160

Geoinformatics Alaska Exploration Inc

WHISPER 499

Whisper

499

646859

160

Geoinformatics Alaska Exploration Inc

WHISPER 500

Whisper

500

646860

160

Geoinformatics Alaska Exploration Inc

WHISPER 501

Whisper

501

646861

160

Geoinformatics Alaska Exploration Inc

WHISPER 502

Whisper

502

646862

160

Geoinformatics Alaska Exploration Inc

WHISPER 503

Whisper

503

646863

160

Geoinformatics Alaska Exploration Inc

WHISPER 504

Whisper

504

646864

160

Geoinformatics Alaska Exploration Inc

WHISPER 505

Whisper

505

646865

160

Geoinformatics Alaska Exploration Inc

WHISPER 506

Whisper

506

646866

160

Geoinformatics Alaska Exploration Inc

WHISPER 507

Whisper

507

646867

160

Geoinformatics Alaska Exploration Inc

WHISPER 508

Whisper

508

646868

160

Geoinformatics Alaska Exploration Inc

WHISPER 509

Whisper

509

646869

160

Geoinformatics Alaska Exploration Inc

WHISPER 510

Whisper

510

646870

160

Geoinformatics Alaska Exploration Inc

WHISPER 511

Whisper

511

646871

160

Geoinformatics Alaska Exploration Inc

WHISPER 512

Whisper

512

646872

160

Geoinformatics Alaska Exploration Inc

WHISPER 513

Whisper

513

646873

160

Geoinformatics Alaska Exploration Inc

WHISPER 514

Whisper

514

646874

160

Geoinformatics Alaska Exploration Inc

WHISPER 515

Whisper

515

646875

160

Geoinformatics Alaska Exploration Inc

WHISPER 516

Whisper

516

646876

160

Geoinformatics Alaska Exploration Inc

WHISPER 517

Whisper

517

646877

160

Geoinformatics Alaska Exploration Inc

WHISPER 518

Whisper

518

646878

160

Geoinformatics Alaska Exploration Inc

WHISPER 519

Whisper

519

646879

160

Geoinformatics Alaska Exploration Inc

WHISPER 520

Whisper

520

646880

160

Geoinformatics Alaska Exploration Inc

WHISPER 521

Whisper

521

646881

160

Geoinformatics Alaska Exploration Inc

WHISPER 522

Whisper

522

646882

160

Geoinformatics Alaska Exploration Inc

WHISPER 523

Whisper

523

646883

160

Geoinformatics Alaska Exploration Inc

WHISPER 524

Whisper

524

646884

160

Geoinformatics Alaska Exploration Inc

WHISPER 525

Whisper

525

646885

160

Geoinformatics Alaska Exploration Inc

WHISPER 526

Whisper

526

646886

160

Geoinformatics Alaska Exploration Inc

WHISPER 527

Whisper

527

646887

160

Geoinformatics Alaska Exploration Inc

WHISPER 528

Whisper

528

646888

160

Geoinformatics Alaska Exploration Inc

WHISPER 529

Whisper

529

646889

160

Geoinformatics Alaska Exploration Inc

WHISPER 530

Whisper

530

646890

160

Geoinformatics Alaska Exploration Inc

WHISPER 531

Whisper

531

646891

160

Geoinformatics Alaska Exploration Inc

WHISPER 532

Whisper

532

646892

160

Geoinformatics Alaska Exploration Inc

WHISPER 533

Whisper

533

646893

160

Geoinformatics Alaska Exploration Inc

WHISPER 534

Whisper

534

646894

160

Geoinformatics Alaska Exploration Inc

WHISPER 535

Whisper

535

646895

160

Geoinformatics Alaska Exploration Inc

WHISPER 536

Whisper

536

646896

160

Geoinformatics Alaska Exploration Inc

WHISPER 537

Whisper

537

646897

160

Geoinformatics Alaska Exploration Inc

WHISPER 538

Whisper

538

646898

160

Geoinformatics Alaska Exploration Inc

WHISPER 539

Whisper

539

646899

160

Geoinformatics Alaska Exploration Inc

WHISPER 540

Whisper

540

646900

160

Geoinformatics Alaska Exploration Inc

WHISPER 541

Whisper

541

646901

160

Geoinformatics Alaska Exploration Inc

WHISPER 542

Whisper

542

646902

160

Geoinformatics Alaska Exploration Inc

WHISPER 543

Whisper

543

646903

160

Geoinformatics Alaska Exploration Inc

WHISPER 544

Whisper

544

646904

160

Geoinformatics Alaska Exploration Inc

WHISPER 545

Whisper

545

646905

160

Geoinformatics Alaska Exploration Inc

WHISPER 546

Whisper

546

646906

160

Geoinformatics Alaska Exploration Inc

WHISPER 547

Whisper

547

646907

160

Geoinformatics Alaska Exploration Inc

WHISPER 548

Whisper

548

646908

160

Geoinformatics Alaska Exploration Inc

WHISPER 549

Whisper

549

646909

160

Geoinformatics Alaska Exploration Inc

WHISPER 550

Whisper

550

646910

160

Geoinformatics Alaska Exploration Inc

WHISPER 551

Whisper

551

646911

160

Geoinformatics Alaska Exploration Inc

WHISPER 552

Whisper

552

646912

160

Geoinformatics Alaska Exploration Inc

WHISPER 553

Whisper

553

646913

160

Geoinformatics Alaska Exploration Inc

WHISPER 554

Whisper

554

646914

160

Geoinformatics Alaska Exploration Inc

WHISPER 555

Whisper

555

646915

160

Geoinformatics Alaska Exploration Inc

WHISPER 556

Whisper

556

646916

160

Geoinformatics Alaska Exploration Inc

WHISPER 557

Whisper

557

646917

160

Geoinformatics Alaska Exploration Inc

WHISPER 558

Whisper

558

646918

160

Geoinformatics Alaska Exploration Inc

WHISPER 559

Whisper

559

646919

160

Geoinformatics Alaska Exploration Inc

WHISPER 560

Whisper

560

646920

160

Geoinformatics Alaska Exploration Inc

WHISPER 561

Whisper

561

646921

160

Geoinformatics Alaska Exploration Inc

WHISPER 562

Whisper

562

646922

160

Geoinformatics Alaska Exploration Inc

WHISPER 563

Whisper

563

646923

160

Geoinformatics Alaska Exploration Inc

WHISPER 564

Whisper

564

646924

160

Geoinformatics Alaska Exploration Inc

WHISPER 565

Whisper

565

646925

160

Geoinformatics Alaska Exploration Inc

WHISPER 566

Whisper

566

646926

160

Geoinformatics Alaska Exploration Inc

WHISPER 567

Whisper

567

646927

160

Geoinformatics Alaska Exploration Inc

WHISPER 568

Whisper

568

646928

160

Geoinformatics Alaska Exploration Inc

WHISPER 569

Whisper

569

646929

160

Geoinformatics Alaska Exploration Inc

WHISPER 570

Whisper

570

646930

160

Geoinformatics Alaska Exploration Inc

WHISPER 571

Whisper

571

646931

160

Geoinformatics Alaska Exploration Inc

WHISPER 572

Whisper

572

646932

160

Geoinformatics Alaska Exploration Inc

WHISPER 573

Whisper

573

646933

160

Geoinformatics Alaska Exploration Inc

WHISPER 574

Whisper

574

646934

160

Geoinformatics Alaska Exploration Inc

WHISPER 575

Whisper

575

646935

160

Geoinformatics Alaska Exploration Inc

WHISPER 576

Whisper

576

646936

160

Geoinformatics Alaska Exploration Inc

WHISPER 577

Whisper

577

646937

160

Geoinformatics Alaska Exploration Inc

WHISPER 578

Whisper

578

646938

160

Geoinformatics Alaska Exploration Inc

WHISPER 579

Whisper

579

646939

160

Geoinformatics Alaska Exploration Inc

WHISPER 580

Whisper

580

646940

160

Geoinformatics Alaska Exploration Inc

WHISPER 581

Whisper

581

646941

160

Geoinformatics Alaska Exploration Inc

WHISPER 582

Whisper

582

646942

160

Geoinformatics Alaska Exploration Inc

WHISPER 583

Whisper

583

646943

160

Geoinformatics Alaska Exploration Inc

WHISPER 584

Whisper

584

646944

160

Geoinformatics Alaska Exploration Inc

WHISPER 585

Whisper

585

646945

160

Geoinformatics Alaska Exploration Inc

WHISPER 586

Whisper

586

646946

160

Geoinformatics Alaska Exploration Inc

WHISPER 587

Whisper

587

646947

160

Geoinformatics Alaska Exploration Inc

WHISPER 588

Whisper

588

646948

160

Geoinformatics Alaska Exploration Inc

WHISPER 589

Whisper

589

646949

160

Geoinformatics Alaska Exploration Inc

WHISPER 590

Whisper

590

646950

160

Geoinformatics Alaska Exploration Inc

WHISPER 591

Whisper

591

646951

160

Geoinformatics Alaska Exploration Inc

WHISPER 592

Whisper

592

646952

160

Geoinformatics Alaska Exploration Inc

WHISPER 593

Whisper

593

646953

160

Geoinformatics Alaska Exploration Inc

WHISPER 594

Whisper

594

646954

160

Geoinformatics Alaska Exploration Inc

WHISPER 595

Whisper

595

646955

160

Geoinformatics Alaska Exploration Inc

WHISPER 596

Whisper

596

646956

160

Geoinformatics Alaska Exploration Inc

WHISPER 597

Whisper

597

646957

160

Geoinformatics Alaska Exploration Inc

WHISPER 598

Whisper

598

646958

160

Geoinformatics Alaska Exploration Inc

WHISPER 599

Whisper

599

646959

160

Geoinformatics Alaska Exploration Inc

WHISPER 600

Whisper

600

646960

160

Geoinformatics Alaska Exploration Inc

WHISPER 601

Whisper

601

646961

160

Geoinformatics Alaska Exploration Inc

WHISPER 602

Whisper

602

646962

160

Geoinformatics Alaska Exploration Inc

WHISPER 603

Whisper

603

646963

160

Geoinformatics Alaska Exploration Inc

WHISPER 604

Whisper

604

646964

160

Geoinformatics Alaska Exploration Inc

WHISPER 605

Whisper

605

646965

160

Geoinformatics Alaska Exploration Inc

WHISPER 606

Whisper

606

646966

160

Geoinformatics Alaska Exploration Inc

WHISPER 607

Whisper

607

646967

160

Geoinformatics Alaska Exploration Inc

WHISPER 608

Whisper

608

646968

160

Geoinformatics Alaska Exploration Inc

WHISPER 609

Whisper

609

646969

160

Geoinformatics Alaska Exploration Inc

WHISPER 610

Whisper

610

646970

160

Geoinformatics Alaska Exploration Inc

WHISPER 611

Whisper

611

646971

160

Geoinformatics Alaska Exploration Inc

WHISPER 612

Whisper

612

646972

160

Geoinformatics Alaska Exploration Inc

WHISPER 613

Whisper

613

646973

160

Geoinformatics Alaska Exploration Inc

WHISPER 614

Whisper

614

646974

160

Geoinformatics Alaska Exploration Inc

WHISPER 615

Whisper

615

646975

160

Geoinformatics Alaska Exploration Inc

WHISPER 616

Whisper

616

646976

160

Geoinformatics Alaska Exploration Inc

WHISPER 617

Whisper

617

646977

160

Geoinformatics Alaska Exploration Inc

MUD 1

MUD

1

650959

160

Geoinformatics Alaska Exploration Inc

MUD 2

MUD

2

650960

160

Geoinformatics Alaska Exploration Inc

MUD 3

MUD

3

650961

160

Geoinformatics Alaska Exploration Inc

MUD 4

MUD

4

650962

160

Geoinformatics Alaska Exploration Inc

MUD 5

MUD

5

650963

160

Geoinformatics Alaska Exploration Inc

MUD 6

MUD

6

650964

160

Geoinformatics Alaska Exploration Inc

MUD 7

MUD

7

650965

160

Geoinformatics Alaska Exploration Inc

MUD 8

MUD

8

650966

160

Geoinformatics Alaska Exploration Inc

MUD 9

MUD

9

650967

40

Geoinformatics Alaska Exploration Inc

MUD 10

MUD

10

650968

40

Geoinformatics Alaska Exploration Inc

MUD 11

MUD

11

650969

40

Geoinformatics Alaska Exploration Inc

MUD 12

MUD

12

650970

40

Geoinformatics Alaska Exploration Inc

MUD 13

MUD

13

650971

160

Geoinformatics Alaska Exploration Inc

MUD 14

MUD

14

650972

40

Geoinformatics Alaska Exploration Inc

MUD 15

MUD

15

650973

40

Geoinformatics Alaska Exploration Inc

MUD 16

MUD

16

650974

40

Geoinformatics Alaska Exploration Inc

MUD 17

MUD

17

650975

160

Geoinformatics Alaska Exploration Inc

MUD 18

MUD

18

650976

160

Geoinformatics Alaska Exploration Inc

MUD 19

MUD

19

650977

160

Geoinformatics Alaska Exploration Inc

MUD 20

MUD

20

650978

160

Geoinformatics Alaska Exploration Inc

MUD 21

MUD

21

650979

160

Geoinformatics Alaska Exploration Inc

MUD 22

MUD

22

650980

160

Geoinformatics Alaska Exploration Inc

MUD 23

MUD

23

650981

160

Geoinformatics Alaska Exploration Inc

MUD 24

MUD

24

650982

160

Geoinformatics Alaska Exploration Inc

MUD 25

MUD

25

650983

160

Geoinformatics Alaska Exploration Inc

MUD 26

MUD

26

650984

160

Geoinformatics Alaska Exploration Inc

MUD 27

MUD

27

650985

160

Geoinformatics Alaska Exploration Inc

MUD 28

MUD

28

650986

40

Geoinformatics Alaska Exploration Inc

MUD 29

MUD

29

650987

40

Geoinformatics Alaska Exploration Inc

MUD 30

MUD

30

650988

40

Geoinformatics Alaska Exploration Inc

MUD 31

MUD

31

650989

40

Geoinformatics Alaska Exploration Inc

MUD 32

MUD

32

650990

160

Geoinformatics Alaska Exploration Inc

MUD 33

MUD

33

650991

160

Geoinformatics Alaska Exploration Inc

MUD 34

MUD

34

650992

160

Geoinformatics Alaska Exploration Inc

MUD 35

MUD

35

650993

160

Geoinformatics Alaska Exploration Inc

MUD 36

MUD

36

650994

160

Geoinformatics Alaska Exploration Inc

MUD 37

MUD

37

650995

160

Geoinformatics Alaska Exploration Inc

MUD 38

MUD

38

650996

160

Geoinformatics Alaska Exploration Inc

MUD 39

MUD

39

650997

160

Geoinformatics Alaska Exploration Inc

MUD 40

MUD

40

650998

40

Geoinformatics Alaska Exploration Inc

MUD 41

MUD

41

650999

160

Geoinformatics Alaska Exploration Inc

MUD 42

MUD

42

651000

160

Geoinformatics Alaska Exploration Inc

MUD 43

MUD

43

651001

160

Geoinformatics Alaska Exploration Inc

MUD 44

MUD

44

656421

160

Geoinformatics Alaska Exploration Inc

MUD 45

MUD

45

656422

160

Geoinformatics Alaska Exploration Inc

MUD 46

MUD

46

656423

160

Geoinformatics Alaska Exploration Inc

MUD 47

MUD

47

656424

160

Geoinformatics Alaska Exploration Inc

MUD 48

MUD

48

656425

160

Geoinformatics Alaska Exploration Inc

MUD 49

MUD

49

656426

160

Geoinformatics Alaska Exploration Inc

MUD 50

MUD

50

656427

160

Geoinformatics Alaska Exploration Inc

MUD 51

MUD

51

656428

160

Geoinformatics Alaska Exploration Inc

SAM 1

SAM

1

667206

160

Geoinformatics Alaska Exploration Inc

SAM 2

SAM

2

667207

160

Geoinformatics Alaska Exploration Inc

SAM 3

SAM

3

667208

160

Geoinformatics Alaska Exploration Inc

SAM 4

SAM

4

667209

160

Geoinformatics Alaska Exploration Inc

SAM 5

SAM

5

667210

160

Geoinformatics Alaska Exploration Inc

SAM 6

SAM

6

667211

160

Geoinformatics Alaska Exploration Inc

SAM 7

SAM

7

667212

160

Geoinformatics Alaska Exploration Inc

SAM 8

SAM

8

667213

160

Geoinformatics Alaska Exploration Inc

SAM 9

SAM

9

667214

160

Geoinformatics Alaska Exploration Inc

SAM 10

SAM

10

667215

160

Geoinformatics Alaska Exploration Inc

SAM 11

SAM

11

667216

160

Geoinformatics Alaska Exploration Inc

SAM 12

SAM

12

667217

160

Geoinformatics Alaska Exploration Inc

SAM 13

SAM

13

667218

160

Geoinformatics Alaska Exploration Inc

SAM 14

SAM

14

667219

160

Geoinformatics Alaska Exploration Inc

SAM 15

SAM

15

667220

160

Geoinformatics Alaska Exploration Inc

SAM 16

SAM

16

667221

160

Geoinformatics Alaska Exploration Inc

SAM 17

SAM

17

667222

160

Geoinformatics Alaska Exploration Inc

SAM 18

SAM

18

667223

160

Geoinformatics Alaska Exploration Inc

SAM 19

SAM

19

667224

160

Geoinformatics Alaska Exploration Inc

SAM 20

SAM

20

667225

160

Geoinformatics Alaska Exploration Inc

SAM 21

SAM

21

667226

160

Geoinformatics Alaska Exploration Inc

SAM 22

SAM

22

667227

160

Geoinformatics Alaska Exploration Inc

SAM 23

SAM

23

667228

160

Geoinformatics Alaska Exploration Inc

SAM 24

SAM

24

667229

160

Geoinformatics Alaska Exploration Inc

SAM 25

SAM

25

667230

160

Geoinformatics Alaska Exploration Inc

SAM 26

SAM

26

667231

160

Geoinformatics Alaska Exploration Inc

SAM 27

SAM

27

667232

160

Geoinformatics Alaska Exploration Inc

SAM 28

SAM

28

667233

160

Geoinformatics Alaska Exploration Inc

SAM 29

SAM

29

667234

160

Geoinformatics Alaska Exploration Inc

SAM 30

SAM

30

667235

160

Geoinformatics Alaska Exploration Inc

SAM 31

SAM

31

667236

160

Geoinformatics Alaska Exploration Inc

SAM 32

SAM

32

667237

160

Geoinformatics Alaska Exploration Inc

SAM 33

SAM

33

667238

160

Geoinformatics Alaska Exploration Inc

SAM 34

SAM

34

667239

160

Geoinformatics Alaska Exploration Inc

SAM 35

SAM

35

667240

160

Geoinformatics Alaska Exploration Inc

SAM 36

SAM

36

667241

160

Geoinformatics Alaska Exploration Inc

SAM 37

SAM

37

667242

160

Geoinformatics Alaska Exploration Inc

BT001

BT

1

667647

160

Geoinformatics Alaska Exploration Inc

BT002

BT

2

667648

160

Geoinformatics Alaska Exploration Inc

BT003

BT

3

667649

160

Geoinformatics Alaska Exploration Inc

BT004

BT

4

667650

160

Geoinformatics Alaska Exploration Inc

BT005

BT

5

667651

160

Geoinformatics Alaska Exploration Inc

BT006

BT

6

667652

160

Geoinformatics Alaska Exploration Inc

BT007

BT

7

667653

160

Geoinformatics Alaska Exploration Inc

BT008

BT

8

667654

160

Geoinformatics Alaska Exploration Inc

BT009

BT

9

667655

160

Geoinformatics Alaska Exploration Inc

BT010

BT

10

667656

160

Geoinformatics Alaska Exploration Inc

BT011

BT

11

667657

160

Geoinformatics Alaska Exploration Inc

BT012

BT

12

667658

160

Geoinformatics Alaska Exploration Inc

BT013

BT

13

667659

160

Geoinformatics Alaska Exploration Inc

BT014

BT

14

667660

160

Geoinformatics Alaska Exploration Inc

BT015

BT

15

667661

160

Geoinformatics Alaska Exploration Inc

BT016

BT

16

667662

160

Geoinformatics Alaska Exploration Inc

BT017

BT

17

667663

160

Geoinformatics Alaska Exploration Inc

BT018

BT

18

667664

160

Geoinformatics Alaska Exploration Inc

BT019

BT

19

667665

160

Geoinformatics Alaska Exploration Inc

BT020

BT

20

667666

160

Geoinformatics Alaska Exploration Inc

BT021

BT

21

667667

160

Geoinformatics Alaska Exploration Inc

BT022

BT

22

667668

160

Geoinformatics Alaska Exploration Inc

BT023

BT

23

667669

160

Geoinformatics Alaska Exploration Inc

BT024

BT

24

667670

160

Geoinformatics Alaska Exploration Inc

BT025

BT

25

667671

160

Geoinformatics Alaska Exploration Inc

BT026

BT

26

667672

160

Geoinformatics Alaska Exploration Inc

BT027

BT

27

667673

160

Geoinformatics Alaska Exploration Inc

BT028

BT

28

667674

160

Geoinformatics Alaska Exploration Inc

BT029

BT

29

667675

160

Geoinformatics Alaska Exploration Inc

BT030

BT

30

667676

160

Geoinformatics Alaska Exploration Inc

BT031

BT

31

667677

160

Geoinformatics Alaska Exploration Inc

BT032

BT

32

667678

160

Geoinformatics Alaska Exploration Inc

BT033

BT

33

667679

160

Geoinformatics Alaska Exploration Inc

BT034

BT

34

667680

160

Geoinformatics Alaska Exploration Inc

BT035

BT

35

667681

160

Geoinformatics Alaska Exploration Inc

BT036

BT

36

667682

160

Geoinformatics Alaska Exploration Inc

BT037

BT

37

667683

160

Geoinformatics Alaska Exploration Inc

BT038

BT

38

667684

160

Geoinformatics Alaska Exploration Inc

BT039

BT

39

667685

160

Geoinformatics Alaska Exploration Inc

BT040

BT

40

667686

160

Geoinformatics Alaska Exploration Inc

BT041

BT

41

667687

160

Geoinformatics Alaska Exploration Inc

BT042

BT

42

667688

160

Geoinformatics Alaska Exploration Inc

BT043

BT

43

667689

160

Geoinformatics Alaska Exploration Inc

BT044

BT

44

667690

160

Geoinformatics Alaska Exploration Inc

BT045

BT

45

667691

160

Geoinformatics Alaska Exploration Inc

BT046

BT

46

667692

160

Geoinformatics Alaska Exploration Inc

BT047

BT

47

667693

160

Geoinformatics Alaska Exploration Inc

BT048

BT

48

667694

160

Geoinformatics Alaska Exploration Inc

BT049

BT

49

667695

160

Geoinformatics Alaska Exploration Inc

BT050

BT

50

667696

160

Geoinformatics Alaska Exploration Inc

BT051

BT

51

667697

160

Geoinformatics Alaska Exploration Inc

BT052

BT

52

667698

160

Geoinformatics Alaska Exploration Inc

BT053

BT

53

667699

160

Geoinformatics Alaska Exploration Inc

BT054

BT

54

667700

160

Geoinformatics Alaska Exploration Inc

BT055

BT

55

667701

160

Geoinformatics Alaska Exploration Inc

BT056

BT

56

667702

160

Geoinformatics Alaska Exploration Inc

BT057

BT

57

667703

160

Geoinformatics Alaska Exploration Inc

BT058

BT

58

667704

160

Geoinformatics Alaska Exploration Inc

BT059

BT

59

667705

160

Geoinformatics Alaska Exploration Inc

BT060

BT

60

667706

160

Geoinformatics Alaska Exploration Inc

BT061

BT

61

667707

160

Geoinformatics Alaska Exploration Inc

BT062

BT

62

667708

160

Geoinformatics Alaska Exploration Inc

BT063

BT

63

667709

160

Geoinformatics Alaska Exploration Inc

BT064

BT

64

667710

160

Geoinformatics Alaska Exploration Inc

BT065

BT

65

667711

160

Geoinformatics Alaska Exploration Inc

BT066

BT

66

667712

160

Geoinformatics Alaska Exploration Inc

BT067

BT

67

667713

160

Geoinformatics Alaska Exploration Inc

BT068

BT

68

667714

160

Geoinformatics Alaska Exploration Inc

BT069

BT

69

667715

160

Geoinformatics Alaska Exploration Inc

BT070

BT

70

667716

160

Geoinformatics Alaska Exploration Inc

BT071

BT

71

667717

160

Geoinformatics Alaska Exploration Inc

BT072

BT

72

667718

160

Geoinformatics Alaska Exploration Inc

BT073

BT

73

667719

160

Geoinformatics Alaska Exploration Inc

BT074

BT

74

667720

160

Geoinformatics Alaska Exploration Inc

BT075

BT

75

667721

160

Geoinformatics Alaska Exploration Inc

BT076

BT

76

667722

160

Geoinformatics Alaska Exploration Inc

BT077

BT

77

667723

160

Geoinformatics Alaska Exploration Inc

BT078

BT

78

667724

160

Geoinformatics Alaska Exploration Inc

BT079

BT

79

667725

160

Geoinformatics Alaska Exploration Inc

BT080

BT

80

667726

160

Geoinformatics Alaska Exploration Inc

BT081

BT

81

667727

160

Geoinformatics Alaska Exploration Inc

BT082

BT

82

667728

160

Geoinformatics Alaska Exploration Inc

BT083

BT

83

667729

160

Geoinformatics Alaska Exploration Inc

BT084

BT

84

667730

160

Geoinformatics Alaska Exploration Inc

BT085

BT

85

667731

160

Geoinformatics Alaska Exploration Inc

BT086

BT

86

667732

160

Geoinformatics Alaska Exploration Inc

BT087

BT

87

667733

160

Geoinformatics Alaska Exploration Inc

BT088

BT

88

667734

160

Geoinformatics Alaska Exploration Inc

BT089

BT

89

667735

160

Geoinformatics Alaska Exploration Inc

BT090

BT

90

667736

160

Geoinformatics Alaska Exploration Inc

BT091

BT

91

667737

160

Geoinformatics Alaska Exploration Inc

BT092

BT

92

667738

160

Geoinformatics Alaska Exploration Inc

BT093

BT

93

667739

160

Geoinformatics Alaska Exploration Inc

BT094

BT

94

667740

160

Geoinformatics Alaska Exploration Inc

BT095

BT

95

667741

160

Geoinformatics Alaska Exploration Inc

BT096

BT

96

667742

160

Geoinformatics Alaska Exploration Inc

BT097

BT

97

667743

160

Geoinformatics Alaska Exploration Inc

BT098

BT

98

667744

160

Geoinformatics Alaska Exploration Inc

BT099

BT

99

667745

160

Geoinformatics Alaska Exploration Inc


Endnotes

Island Mountain Geology and Gold Anomalies


Breccia Zone


Actinolite Stockwork Zone




whistler resource estimate 17march2011final

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