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Rackla Metals ( (TSE:RAK) ) has issued an update.
Rackla Metals Inc. has commenced its 2025 exploration program at the BiTe zone within the Grad Property in the Northwest Territories. The program includes geological mapping, sampling, and a 4,000-meter maiden drill program, supported by a $180,630 funding from the Northwest Territories Mineral Incentive Program. The exploration aims to extend the known mineralization of gold, bismuth, and tellurium, with significant gold grades already identified. The project is fully permitted, and Rackla is collaborating with several partners to advance its exploration efforts, potentially impacting its industry positioning by confirming the presence of a Reduced Intrusive-Related Gold System.
More about Rackla Metals
Rackla Metals Inc. is a company in the mining industry, focusing on exploration and development of mineral properties. The company is primarily involved in identifying and evaluating gold and other mineral targets, with a market focus on expanding its exploration efforts in promising regions.
Average Trading Volume: 553,413
Technical Sentiment Signal: Buy
Current Market Cap: C$58.51M
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