Rackla Metals Receives Land Use Permit for Maiden Drill Program at the Grad Property, NWT

Core Viewpoint - Rackla Metals Inc. has received a Type A Land Use Permit for its Grad Project, enabling the company to advance its exploration efforts in the Tombstone Gold Belt, with a focus on the promising BiTe Zone [1][2]. Company Developments - The Grad Project is now fully permitted and funded for the 2025 exploration season, with a five-year permit that can be extended for two additional years [1]. - The CEO of Rackla expressed gratitude for the support received during the permitting process and highlighted the compelling results from initial exploration activities [2]. - Early findings include a talus-fine sample line averaging 1.06 g/t Au over 550 meters, with a core zone averaging 3.68 g/t Au over 180 meters [2]. Exploration Details - The Phase 1 drilling program will commence at the BiTe Zone, with plans for Phase 2 to include step-out drilling based on mapping and sampling results [3]. - The Grad Property is located in the eastern portion of the Tombstone Gold Belt, with mineral claims staked in July 2024 after a decade of land use planning [6]. - The 2024 exploration program included prospecting, rock, stream sediment, and talus-fine sampling, along with airborne geophysical and photogrammetry surveys [7]. Geological Insights - The Grad Property is centered on the North Nahanni Pluton, a Cretaceous-age felsic intrusion, which has shown significant alteration and mineralization potential [7][8]. - Rock sampling has returned gold grades up to 92 g/t Au, confirming the presence of Reduced Intrusion-Related Gold Systems (RIRGS) in the area [8].