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Rackla Metals is Pleased to Provide an Update on Drilling at Grad and Other Developments on Property Holdings in the NWT
Thenewswire·2025-08-19 11:00

Core Viewpoint - Rackla Metals Inc. is making significant progress in its 2025 exploration program in western Northwest Territories, increasing its drill plan by 25% to 5,000 meters due to positive findings in drill core and surface work [1]. Group 1: Exploration Progress - As of August 18th, over 3,100 meters have been drilled with 7 holes completed, covering an area of 500 x 300 x 550 meters [2]. - All drilled holes have intersected a consistent set of sheeted quartz/sulphide+tourmaline veins, with a notable zone of intense quartz and quartz-tourmaline veining and elevated bismuth content observed in holes G25-004 and G25-005 [3][6]. - The mineralized zone shows good continuity and appears robust, with increasing strength and width as the intercepts get deeper [3]. Group 2: Current Drilling and Results - The current drill hole G25-008 is targeting the same mineralized zone as previous holes, with a target depth of 500 meters [6]. - Samples from holes G25-001 through G25-007 have been submitted to the lab, with results from the first three holes expected within the coming week [8]. - A steady flow of results is anticipated following the initial findings [8]. Group 3: Geological Insights - Recent mapping indicates a metal zonation, with the ridge top being arsenic-rich and the lower ridges being bismuth-rich, suggesting minimal erosion in the area [10]. - The exploration is based on the Reduced Intrusion-Related Gold System model, indicating potential for significant mineral discoveries [10]. Group 4: Community Engagement - The company is working in consultation with the Sahtu Dene and Métis communities, emphasizing the importance of maintaining collaborative relationships as exploration advances [14]. Group 5: Company Overview - Rackla Metals Inc. is a junior gold exploration company based in Vancouver, targeting Reduced Intrusion-Related Gold Systems in underexplored regions of eastern Yukon and western Northwest Territories [16].