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The latest announcement is out from Rackla Metals ( (TSE:RAK) ).
Rackla Metals reported that its 2025 drilling campaign on the Grad Property, designed to follow up on a promising BiTe gold showing discovered in 2024, failed to deliver significant mineralization at depth despite 4,500 metres of drilling in ten holes and extensive surface work. While one intercept returned 2.56 g/t gold over 10.5 metres, overall results were well below expectations, partly compounded by delayed assay turnaround times that prevented real-time adjustment of the drilling strategy; in response, the company undertook detailed geochemical and petrographic analysis of more than 3,800 samples using advanced data tools, concluding that the BiTe surface zone has a distinct geochemical and alteration signature from the drilled portions of the North Nahanni Pluton, implying a different intrusive phase or structurally focused fluid flow and providing new vectoring tools—such as Bi:Pb and related element ratios—to refine future 2026 exploration targeting in the region.
More about Rackla Metals
Rackla Metals Inc. is a Vancouver-based mineral exploration company listed on the TSX Venture Exchange, focused on gold exploration in Canada’s North, including the Grad Property around the North Nahanni Pluton. The company targets intrusion-related gold systems and other geologically prospective zones, deploying technical field teams and drilling programs in challenging, mountainous terrain to advance early-stage exploration projects.
Average Trading Volume: 688,013
Technical Sentiment Signal: Sell
Current Market Cap: C$17.11M
For an in-depth examination of RAK stock, go to TipRanks’ Overview page.