Rackla Metals Inc.

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 [...]

Rackla Metals is pleased to announce that the Company has completed its 2023 exploration program that included 3,039 m of diamond drilling in 17 holes focused on Reduced Intrusion-Related Gold Systems at the Astro intrusive complex, in the eastern Selwyn Basin of Yukon and NWT. The Astro intrusive complex is comprised of the Astro, HIT and SER properties. Twelve holes were drilled on the Astro property and 5 holes were [...]

Rackla Metals is pleased to announce the closing of its previously announced private placement financing for aggregate gross proceeds of C$2,786,475. Under the Offering, the Company sold 5,769,000 flow-through units of the Company and 4,800,000 non-flow-through units of the Company. Each Flow-Through Unit consists of one common share of the Company that will qualify as a "flow-through share" within the meaning of [...]

Rackla Metals is pleased to announce that the Company has commenced diamond drilling at the HIT property, Yukon. The drilling at HIT is part of the previously announced 3,000 m drill program focussed on targeting a Reduced Intrusion-related Gold System in the intrusive bodies at the Astro plutonic complex. The Company plans to drill 1,000 m in 5 holes at HIT on targets identified by airborne geophysics [...]

Rackla Metals Inc. is pleased to announce that it has entered into a letter agreement with 3L Capital Inc. and Canaccord Genuity Corp., as co-lead agents and co-bookrunners, to sell, on a "best efforts" agency basis, up to $3,000,000 in equity securities of the Company consisting of a combination of units of the Company at a price of $0.275 per Flow-Through Unit, with each Flow-Through Unit consisting of one common share [...]

Rackla Metals is pleased to announce that the Company has completed 1,687 m of diamond drilling in 10 holes at the Company's flagship Astro project, as of August 8th. The 3,000 m drill program is focussed on targeting a Reduced Intrusion-related Gold System in the intrusive bodies at the Astro plutonic complex. To date, drill core samples from the first 8 holes have been sent to ALS Global in Whitehorse, Yukon for [...]

Rackla Metals is pleased to announce that drilling commenced at the Radio target at the Company's flagship Astro project, located in the Tombstone Gold Belt, Northwest Territories as part of the maiden 3000m drill program. Initial drilling will focus on the intrusive body that underlies a large 1,200m by 750m strong Gold/Bismuth/Arsenic anomaly hosted in the soils and talus fines of a broad valley. Recent mapping in the [...]