Excerpt from today's news. All the expression of this prospect indicate a large discovery but there are only surface assays thus far, albeit 500m @ 1 g/t. RIRGS deposits are not like epithermal veins systems , they present for exploration as bulk tonnage deposits more like a porphyry. Defining via the drill is much simpler than vein systems. Many now argue RAK is way ahead of itself tight now without assays, or it is too
"pumped" but the implications of the geology are enormous, so one must make their own determination and have their own view of the risk reward. If assays satisfy, this will seriously take off, as it has size that equals or exceeds SGD.. When Snowline hit there was still a chance to buy pretty cheap, now that SGD has changed the nature of RIRGS deposits the reaction to success by RAK will be far swifter.
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Vancouver, British Columbia – TheNewswire - July 28, 2025 – Rackla Metals Inc. (TSX-V: RAK) (the “Company”) is pleased to announce that drilling is progressing well at the Grad property. With a single drill rig on the property crews are averaging approximately 50m per shift with the rig turning 24/7.
- The drill is presently on the fourth hole, G25-004 with a target depth of 400m
- Two holes were drilled from Pad A, G25-001 ended at 208m and G25-002 ended at 330m
- One hole was drilled from Pad C, G25-003 that ended at 422m
All holes drilled to date have shown a consistent set of sheeted quartz/sulphide+tourmaline veins, with vein density averaging between 5 to 10 per metre and occasionally higher (Figure 1). The veins and vein margins contain bismuth sulphides, chalcopyrite and pyrrhotite. Sections of strongly sericitized quartz-diorite have been observed in all holes to date. These intensely altered sections exhibit less veining, but host disseminated bismuth sulphides. The first three holes have been logged and are currently being cut. The first shipment of drill core will be submitted to the lab today. Analyses are expected to take from 3 to 4 weeks.
Figure 1. Map of the BiTe zone with the trace of drill holes G25-001 to 004 and vein density counts.
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