Rackla Metals Inc. announces that it has completed the follow-up drill program at both the HIT and the Peak targets within the Astro Plutonic Complex . At HIT the aim of the follow-up program was to attempt to vector towards higher grades from the broad low grade sheeted vein zones intercepted in the 2023 program, testing the area to the SE and NW, and below 2023 holes HIT-003 and HIT-004. Unfortunately, the step out [...]
First drill hole at Hit target expands RIRGS mineralization to the southwest; assays pending Vancouver - Rackla Metals Inc. is pleased to announce that drilling has commenced at its Hit target, Astro Plutonic Complex, in eastern Yukon. Rackla's team has moved into their road accessible camp that will facilitate all work on the Astro Plutonic Complex. The 2024 drill program is now underway, and the first holes being [...]
Rackla Metals Inc. is pleased to announce that it has closed the final tranche of its previously announced private placement financing , raising $2,906,184 with the issuance of 5,966,534 hard-dollar units at $0.15 each and 11,830,611 flow-through units at $0.17 each. Combined with the proceeds from the charity flow-through tranche of the Offering which closed on May 30, 2024, the Company has raised total gross proceeds of [...]
"Hit and Peak discoveries are the priority drill targets in 2024" Vancouver, June 3, 2024 - Rackla Metals Inc. is pleased to announce that field crews will be mobilizing to the Company's Yukon and NWT projects, including the Company's flagship Astro Plutonic Complex , on June 6. The APC is located at the Yukon-NWT border and the project is road accessible, 240 km north of Ross River along the North Canol road. The crews [...]
Rackla Metals Inc. is pleased to announce the closing of a first tranche of its previously announced private placement financing. The Company has issued 8,333,333 charity flow-through units at a price of $0.21 per unit, for proceeds of $1.75 million. Each unit consists of one common share of the Company and one warrant which entitles the holder to purchase one additional common share of the Company at a price of $0.20 [...]
Rackla Metals Inc. is pleased to announce that it proposes to complete a non-brokered private placement financing to raise total gross proceeds of up to $4.0 million . The Offering will be a combination of a hard-dollar unit offering at a price of $0.15 per unit, a flow-through unit offering at a price of $0.17 per unit, and a charity flow-through unit offering at a price of $0.21 per unit. Each unit will consist of one [...]
Rackla Metals would like to thank the community of Ross River for hosting the Ross River Job Fair on April 4, 2024. The Job Fair was organized by the Ross River Dena Council, Dena Nezziddi Development, Tu Lidlini Petroleum and Yukon University and hosted in the Ross River School. It was attended by 28 companies, including six exploration companies, environmental consulting companies, geological consultants, service [...]
Rackla Metals is pleased to announce the results of the 2023 exploration program on the Peak target in the Kelvin Stock intrusive bodies of the Astro Plutonic Complex, Yukon and the 2024 drill plans for the property. In 2023, the Company completed a comprehensive exploration program on the property that included an airborne geophysical survey, stream sediment, soil and rock sampling, prospecting, and mapping. Rackla is [...]
Rackla Metals entered the 2023 season with a commitment to shareholders to get boots-on-the-ground in the Astro Plutonic Complex of Yukon and NWT in the search for Reduced Intrusion-Related Gold Systems. Research by the Company had shown that this intrusive complex, which is effectively road accessible, was under-explored and had not been tested for RIRGS potential. The limited amount of historical work focused primarily [...]
Rackla Metals Inc. is pleased to announce that the Company has received the final geochemical analyses from the 2023 exploration program on its properties in the Astro Plutonic Complex. These results include analyses for drill core from the 17-hole, 3,000 m drill program, rock, soil and stream sediment samples from the three properties in the Astro Intrusive Complex and interpretation of the results. The Astro Plutonic [...]
Rackla Metals is pleased to announce that the Company has intersected significant gold mineralization from its maiden diamond drill program on its 100% owned HIT property in Yukon. The HIT property is located in the Tombstone Gold Belt at the Yukon-NWT border and is accessible from the North Canol road. The property is centered around the Canol Trail Stock, a monzogranite intrusion belonging to the Cretaceous-aged [...]
Rackla Metals is pleased to announce that it has exercised three previously announced exploration option transactions on the HIT and SER properties in Yukon, and the Astro property in Northwest Territories. The three properties are within the Company's Astro Intrusive Complex and are being explored for Reduced Intrusion-Related Gold System mineralization. HIT Property Option Agreement The Company has exercised its option [...]
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