Core Insights - Rackla Metals Inc. has reported assay results from the first three drill holes of its 2025 campaign at the BiTe Showing on the Grad Property, with results from an additional seven holes pending [1][2] - The Grad target is a large, altered, and intensely veined intrusive approximately 2 km in diameter, marking the first drill program on the property [2] - The company is also awaiting results from a trenching program at the newly discovered Manta Showing, located 1.5 kilometers south of the BiTe discovery zone, where gold values up to 0.56 ppm and rock samples greater than 1 ounce of gold per ton (31.1 g/t) were reported [3][4] - Rackla Metals has a strong financial position with $10 million in the bank, positioning itself to capitalize on discoveries in western Northwest Territories [5] Exploration and Results - The 2025 drill program consists of 10 holes totaling 4,489 meters, with the first three holes already reported and seven holes representing 3,518 meters still pending [2] - The Manta Intrusion, associated with the Manta Showing, has shown promising gold values and is part of the company's ongoing exploration efforts [3] - The company is committed to maintaining collaborative relationships with local Sahtu Dene and Métis communities as it advances its exploration activities [6] Analytical Procedures - All samples from the 2025 program were processed by ALS Canada Ltd, with sample preparation completed at various facilities depending on workload, and final analyses conducted in North Vancouver [7][8] - The analytical methods used include a four-acid digest with ICP-MS for 48-element analysis and fire assay for gold content [8][10] Company Overview - Rackla Metals Inc. is a junior gold exploration company based in Vancouver, targeting Reduced Intrusion-Related Gold Systems (RIRGS) in the underexplored southeastern part of the Tombstone Gold Belt [12]
Rackla provides Update On Pending Samples from 2025 Drill Program and Regional Geochemical Survey