The KE Report

Rackla Metals - Exploration Update at the Grad Property, NWT: Expanded Drill Program, Visual Results

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In this KE Report company update, I speak with Simon Ridgway, Founder & CEO of Rackla Metals (TSX.V:RAK - FSE:RLH1), for a detailed look at the ongoing drill program at the Grad Property in the Northwest Territories, an extension of the Tombstone Gold Belt.

Key topics covered:

  • The expansion of the drill program from 4,000m to 5,000m on the back of encouraging visuals.
  • Observations of sheeted veining and bismuth mineralization, a strong indicator for potential gold.
  • The scale of the initial target: a 500m x 300m x 550m area within a much larger mineralized system.
  • The broader vision of unlocking a multi-million-ounce discovery to match the remote location, drawing comparisons to Snowline’s success.
  • Rackla’s strategic land position expansion and plans for a new camp and potential airstrip to reduce costs.
  • Financial position: over $5M in the treasury, with potential to raise additional funds depending on upcoming results.

    • While assay results are still pending, investor interest remains strong as Rackla continues to drill through late summer. Simon also provides insights into how bismuth content could prove to be a reliable proxy for gold mineralization in this emerging discovery.

     

    Visit Rackla Metals Website for the latest news releases.

    Send your questions for Simon to: [email protected]

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