Core Points - Rackla Metals Inc. announced the exercise of over 11 million warrants at $0.40 per share, generating proceeds of just over $4.4 million [1] - The company is awaiting drill results from the initial three holes at the Grad Project, expected after September 20 [2] - Rackla has expanded its land position in the Tombstone Gold Belt, increasing its claims significantly [3][4] Company Developments - The company staked an additional 15 mineral claims, expanding its landholdings from 7,525 hectares to 23,175 hectares [4] - The Grad property was expanded from 5,525 hectares to 8,625 hectares, and the Ogre Property from 2,000 hectares to 5,750 hectares [4] - The Lened property, which has a historic tungsten skarn resource estimated at 0.9 million tonnes grading 1.0% WO3, was also included in the expansion [3][4] Community Engagement - Rackla is committed to maintaining respectful relationships with the Sahtu Dene and Métis communities as it advances exploration activities [6]

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].

Core Insights - Rackla Metals Inc. is making significant progress on its 2025 exploration program in western Northwest Territories, with a planned 4,000-meter drill program on the Grad property [1] - As of August 5, 2025, 2,058 meters have been drilled, with five holes completed and one hole (G25-006) currently in progress [1][5] - The company has observed a consistent set of sheeted quartz/sulphide+tourmaline veins across all drilled holes, with vein density averaging between 5 to 10 per meter [3] Exploration Progress - The drilling operation is averaging approximately 50 meters per shift, translating to about 100 meters per day, with a single drill rig operating continuously [1] - Completed holes G25-004 and G25-005 have been logged and are expected to have samples shipped to the lab by the end of the week [4] - The first three holes (G25-001, G25-002, and G25-003) are currently in the lab, with analytical results anticipated in the coming weeks [4] Drill Hole Details - The drill holes have been strategically placed, with G25-004 and G25-005 drilled from the same pad, targeting areas with strong quartz and quartz-tourmaline veining [3] - Hole G25-006 is a 135-meter step-out to the west of holes G25-004 and G25-005, aiming to test the extension of the vein system [3] - The planned depth for hole G25-006 is 500 meters [5] Mineralization Observations - Visual observations from the core samples indicate strong alteration and the presence of bismuthinite and/or bismuth-gold alloy in the veins [9][10] - The company is encouraged by the density of sheeted veining and the abundance of key sulphide minerals like bismuthinite [14][16] - Additional drill pad (Pad G) has been added to test the extension of the zone southeastward, furthering exploration efforts [14] Community Engagement - Rackla is committed to maintaining respectful relationships with the Sahtu Dene First Nation and local stakeholders as exploration activities progress [19]