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Rackla Metals ( (TSE:RAK) ) has issued an update.
Rackla Metals has finished compiling and digitizing extensive historical data for its Lentung tungsten property in the Northwest Territories, a project previously explored by Union Carbide between 1977 and 1982. The dataset, including 26,900 metres of drilling in 178 holes and multiple technical studies, indicates 15 tungsten occurrences over a 15-kilometre strike length and supports the view that Lentung is among the highest-grade tungsten skarn systems globally.
The company will use the digitized data for modern 3D geological modelling, resource validation and to guide a 10,000-metre drill program planned for 2026, aimed at confirming historical resources and expanding near-surface mineralization toward an NI 43-101-compliant resource. Rackla also plans to recover and re-sample legacy drill core, with management saying the quality of historic information supports the project’s high-grade open-pit potential and enhances the company’s position in a region known for world-class tungsten deposits.
More about Rackla Metals
Rackla Metals Inc. is a Vancouver-based mineral exploration company focused on tungsten and other metals, with projects in Canada’s Northwest Territories. Its newly acquired Lentung property, a 19,600-hectare tungsten skarn project near the Cantung and Mactung deposits, positions the company within a globally significant tungsten district.
Average Trading Volume: 404,174
Technical Sentiment Signal: Sell
Current Market Cap: C$22.81M
For an in-depth examination of RAK stock, go to TipRanks’ Overview page.