Rackla Metals completes drill program at Grad

Executive Summary

• Rackla Metals completed its 2025 drill program at the BiTe showing (10 holes, 4,486 m) and reported extensive sheeted veining and bismuth‑sulphide/telluride mineralization across all holes.
• A new surface gold discovery was made on the previously unmapped Manta intrusion, located 2 km south of BiTe, with grab samples returning up to 52.1 g/t Au.
• All drill core has been submitted for assay; initial results are expected in the coming weeks, with a full flow of data thereafter.

Key Details

• Drill Program Completion: 10 holes (G25‑001 to G25‑010) finished on Sept. 4 2025; total depth drilled = 4,486 m covering a 600 × 360 × 550 m volume.
• Key Intercepts – BiTe Showing:
• Holes G25‑009 & G25‑010 intersected intense silica‑sericite‑chlorite alteration with abundant bismuthinite mineralization; hole G25‑009 contained quartz‑carbonate veins with white‑blue bismuth alloy and chalcopyrite.
• Hole G25‑010 showed vein density up to 24 veins/m from 218 m to 452 m depth, with abundant bismuth minerals.
• Alteration Zones: Consistent sheeted quartz/sulphide + tourmaline veining observed; a broad quartz‑tourmaline zone intersected in holes G25‑004, G25‑005, G25‑006, G25‑007, G25‑009, and G25‑010.
• Assay Status: All core samples sent to lab; first three hole results pending until after Sept. 21 2025; full assay flow expected in subsequent weeks.
• Future Drilling (2026): Planned focus on ridge‑top drilling of the Grad intrusive core from Pad E, delayed to 2026 due to weather and safety concerns.
• Manta Intrusion Discovery:
• Size: ~1.2 km × 0.7 km megacrystic granodiorite with a 30 m thick skarn aureole (calc‑silicate, diopside, garnet, quartz).
• Surface grab samples (2025): 52.1 g/t Au, 11.8 g/t Au, 8.4 g/t Au, 5.7 g/t Au from quartz±carbonate veins; 48.3 g/t Au from a 1‑m composite chip of pyrrhotite/pyrite/bismuthinite lenses; 2.25 g/t Au from disseminated sulphides in quartz‑porphyry dikes.
• Exploration Follow‑Up: Ongoing channel sampling and detailed mapping of the Manta intrusion to delineate skarn‑related gold mineralization.
• Community Relations: Continued consultation with Sahtu Dene and Métis communities; commitment to respectful, collaborative stakeholder engagement.

Notable Quotes

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