RAK:CC - Rackla Metals Provides Update on Continuing Drilling at Grad Property, NWT

(TheNewswire)

Vancouver, British Columbia – TheNewswire - August 7, 2025– Rackla Metals Inc. (TSX-V: RAK) (the “Company”) is pleased toannounce that the Company is making good progress on its 2025exploration program in western NWT, including the planned 4,000 drillprogram on the Grad property. As of August 5, 2,058 m have beendrilled with 5 holes completed and hole G25-006 currently underway.With a single drill rig on the property, we are averagingapproximately 50m per shift (100m per day) with the rig turning 24/7.

• The drill is presently on hole G25-006 with a targetdepth of 500m

• Two holes were drilled from Pad A, G25-001 ended at208m and G25-002 ended at 330m

• One hole was drilled from Pad C, G25-003 that ended at422m

• Two holes were drilled from Pad B, G25-004 ended at416m and G25-005 ended at 431m

In previous press releases, Rackla highlighted thefindings from the first three holes completed (G25-001, 002, and 003)(see PR dated July 14, 2025 and July 28, 2025). Here we discuss theobservations from holes G25-004, 005 and 006 in progress.

All holes drilled to date have intersected a consistent set of sheeted quartz/sulphide + tourmaline veins, with vein densityaveraging between 5 to 10 per metre and occasionally much higher(Figure 1). Holes G25-004 and 005 were drilled from the same drillpad, each with a 50 o dip and azimuths of 90 o and60 o ,respectively. These holes were collared 75m west of holes G25-001 andG25-002 and targeted recently mapped areas with strong quartz andquartz-tourmaline veining, along with 2025 surface sample results thatreturned 5 multi-gram gold samples of 14.40,19.30, 17.65, 22.30 and 45.50 g/t gold (see PR dated July 28, 2025).Hole G25-006 is a 135m step-out to the west of holes G25-004 and 005and is being drilled below G25-004. It targets the extension of thevein system mapped on surface and intersected in holes G25-004 and 005and will test 215m vertically below hole G25-004 (Figure 2).

Completed holes G25-004 and 005 have been logged andare currently being cut with the expectation that the samples will beshipped to the lab at the end of this week. The first three holes arein the lab and analytical results expected in the coming weeks.

Diamond drill hole collar information:

Figure 1 – Map of the BiTe zone with the trace of drill holesG25-001 to 006 with vein density counts .

Click Image To View Full Size

Figure 2 – Cross section throughholes G25-004, G25-006 and the bottom of hole G25-002 (section sliceis 60 m wide).

Click Image To View Full Size

Figure 3 – Selected photos of corefrom hole G25-004 (left) and G25-005 (right).

Click Image To View Full Size

The core photos of boxes 13 to 15 from hole G25-004(Figure 2, left) from higher up in the hole show a portion of aninterval with strong alteration and two different sets of sheetedquartz veins: quartz-tourmaline and quartz-carbonates veins. The corephotos of boxes 91 to 93 of hole G25-005 (Figure 2, right) from lowerdown in the hole show sheeted quartz veins and quartz-carbonatesveins. Bismuthinite and/or a bismuth-gold alloy has been observed inthe veins in both holes (Figure 4).

Figure 4 – Bismuth sulfides inhole G25-004, left is at 108.1m and right at 298.0m.

Click Image To View Full Size

The core photo of boxes 43 to 45 of hole G25-006(Figure 5, left) show a portion of sheeted veining with bismuthinitein quartz veins and bismuthinite veinlets (Figure 5, right).

Figure 5 – Selected photos of corefrom hole G25-006 and close-up of bismuth sulfides in veinlets at215.6m (top right) and at 223.1m (bottom right).

Click Image To View Full Size

Rackla is pleased with the density of sheeted veiningobserved in all holes drilled so far and the bismuth content in theveins. Encouraged by the visual observations in holes G25-001, 002 and003, the Company has added another planned drill pad, Pad G to testthe extension of the zone southeastward to the intrusive-sedimentcontact. Pad G will test the strike extent a further 85 m from holeG25-003 (Figure 6).

Surface channel and continuous chip sampling at BiTeand on the north and south cliff faces above the BiTe showingcontinues .

Rackla was pleased to host renowned Geologist, Dr.Quinton Hennigh, at the Grad Project last week.  Quinton offeredinsights into the similarities and differences between BiTe showingmineralization and other major projects in the Tombstone Gold Belt.The interview with Quinton has been uploaded to the Company’sYoutube channel at .

CEO Simon Ridgway stated, “The persistent and robust sheetedquartz veining and abundance of key sulphide minerals likebismuthinite are encouraging. We are looking forward to the analyticalresults from the drill core coming in the next few weeks.

We were particularly pleased to haveQuinton visit the site and offer his feedback on our project,especially considering his knowledge of RIRGS deposits and theTombstone Gold Belt.”

Figure 6 – Map of completeddiamond drill holes and planned future holes as of August5 th .

Click Image To View Full Size

Rackla is working in consultation with the Sahtucommunities and remains committed to maintaining the respectful,collaborative relationships we’ve built with the Sahtu Dene FirstNation. As we advance exploration at the Grad Project, we willcontinue working closely with local stakeholders and regulatoryagencies to ensure our activities create long-term value and reflectcommunity priorities.

Qualified Person

Scott Casselman, B.Sc., P.Geo., Vice-PresidentExploration of the Company, is a member of the Association ofProfessional Engineers and Geoscientists of British Columbia and isthe Company’s Qualified Person as defined by National Instrument43-101. Mr. Casselman has reviewed and approved the technicalinformation contained in this news release.

AboutRackla

Rackla Metals Inc. (TSX-V: RAK) is a Vancouver, Canadabased junior gold exploration company.  The Company is targetingReduced Intrusion-Related Gold Systems (RIRGS) mineralization on thesoutheastern part of the Tombstone Gold Belt in eastern Yukon andwestern Northwest Territories. Managementbelieves that this area, which is underexplored for RIRGS deposittypes, has the potential to be the next frontier for the discovery ofthese large gold systems.

ON BEHALF OF THE BOARD

Simon Ridgway,
CEO and Director

Tel: (604) 8 01-5432; Fax: (604)662-8829
Email: info@racklametals.com
Website: www.racklametals.com

Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accept responsibility for theadequacy or accuracy of this news release.

Forward-Looking Information

Certain statements contained in thisnews release constitute forward-looking statements within the meaningof Canadian securities legislation. All statements included herein,other than statements of historical fact, are forward- lookingstatements and include, without limitation, the Company’s futureexploration activities; and general business and economic conditions.Often, but not always, these forward looking statements can beidentified by the use of words such as “estimate”,“estimates”, “estimated”, “potential”, “open”,“future”, “assumed”, “projected”, “used”,“detailed”, “has been”, “gain”, “upgraded”,“offset”, “limited”, “contained”, “reflecting”,“containing”, “remaining”, “to be”, “periodically”, orstatements that events, “could” or “should” occur or beachieved and similar expressions, including negativevariations.

Forward-looking statements involveknown and unknown risks, uncertainties and other factors which maycause the actual results, performance or achievements of the Companyto be materially different from any results, performance orachievements expressed or implied by forward-looking statements. Suchuncertainties and factors include, among others, changes in generaleconomic conditions and financial markets; the Company or any jointventure partner not having the financial ability to meet itsexploration and development goals; risks associated with the resultsof exploration and development activities, estimation of mineralresources and the geology, grade and continuity of mineral deposits;unanticipated costs and expenses; and such other risks detailed fromtime to time in the Company’s quarterly and annual filings withsecurities regulators and available under the Company’s profile onSEDAR+ at www.sedarplus.ca .Although the Company has attempted to identify important factors thatcould cause actual actions, events or results to differ materiallyfrom those described in forward-looking statements, there may be otherfactors that cause actions, events or results to differ from thoseanticipated, estimated or intended.

Forward-looking statements containedherein are based on the assumptions, beliefs, expectations andopinions of management, including but not limited to:  that theCompany’s stated goals and planned exploration activities at itsproperties will be achieved; that there will be no material adversechange affecting the Company, its properties or its securities; andsuch other assumptions as set out herein. Forward-looking statementsare made as of the date hereof and the Company disclaims anyobligation to update any forward-looking statements, whether as aresult of new information, future events or results or otherwise,except as required by law. There can be no assurance thatforward-looking statements will prove to be accurate, as actualresults and future events could differ materially from thoseanticipated in such statements. Accordingly, investors should notplace undue reliance on forward-looking statements.

Copyright (c) 2025 TheNewswire - All rights reserved.