Rackla Metals is pleased to provide a project update on drilling and other developments at the Grad Property, NWT

Core Insights - Rackla Metals Inc. is making significant progress in drilling at the Grad property, with operations running continuously and averaging approximately 50 meters per shift [1] - The drilling has revealed a consistent presence of sheeted quartz/sulphide+tourmaline veins, with vein density averaging between 5 to 10 per meter [2] - The company plans to conduct a 4,000-meter drill program aimed at demonstrating continuity in the mineralized zone at the BiTe discovery [15] Drilling Progress - The current drilling operation is on the fourth hole, G25-004, targeting a depth of 400 meters, while previous holes G25-001, G25-002, and G25-003 reached depths of 208 meters, 336.7 meters, and 422 meters respectively [6][7] - The first three holes have been logged, and the first shipment of drill core is being sent for analysis, with results expected in 3 to 4 weeks [2] Mineralization Findings - Rock sampling from the BiTe cliff has returned multiple high-grade gold samples, with values of 14.40, 19.30, 17.65, 22.30, and 45.50 grams per tonne (g/t) [7] - Continuous rock chip sampling in the area has shown an average concentration of 1.06 g/t gold over a 550-meter stretch [7] Geological Insights - Ongoing mapping and sampling on the north and south faces of the BiTe cliff indicate low gold values associated with quartz-arsenopyrite veins, suggesting minimal erosion of the intrusive [10] - Geologists are investigating the transition from arsenopyrite-bearing veins to bismuthinite-bearing veins [11] Safety and Community Engagement - The company has contracted Minconsult Exploration Services for mountain safety guidance due to the extreme terrain and challenging weather conditions [12] - Rackla is committed to maintaining collaborative relationships with the Sahtu Dene First Nation and local stakeholders as exploration progresses [16]