Kiska Metals Corporation (TSX VENTURE:KSK) ("Kiska" or the "Company") reports
that the Company has granted 1,735,000 incentive stock options to directors,
officers and employees of the Company at a price of $1.35, expiring February 17,
2016. Individual grants exceeding 30,000 per person will vest over two years.
Options are granted in accordance with the Company's Incentive Stock Option plan
approved at the Annual General Meeting held June 23, 2010.


About Kiska Metals Corporation

Kiska Metals Corporation is a mineral exploration company focused on advancing
the Whistler Project, Alaska, which includes a multi-million ounce gold-copper
resource and excellent exploration potential. Kiska has renowned technical
expertise and a quality exploration portfolio with numerous early stage
exploration opportunities around the world, some held in partnership with a
selection of the world's largest and most successful gold and base metal
producers.


On behalf of Kiska Metals Corporation

Jason Weber, P.Geo., President & CEO

CAUTIONARY STATEMENT: This news release includes certain "forward-looking
statements". Other than statements of historical fact, all statements included
in this release, including, without limitation, statements regarding future
plans and objectives of Kiska Metals Corporation, are forward-looking statements
that involve various risks and uncertainties. There can be no assurance that
such statements will prove to be accurate, and actual results and future events
could differ materially from those anticipated in such statements. Important
factors that could cause actual results to differ materially from Kiska's
expectations are the risks detailed herein and from time to time in the filings
made by Kiska Metals Corporation with securities regulators. Those filings can
be found on the Internet at http://www.sedar.com and http://www.sec.gov/edgar.


KSK11-02
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