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Rackla Metals increases Holdings in the Tombstone Gold Belt, with an Option on the SER Project from Sabre Gold Mines Corp.
(TheNewswire) Vancouver, Brit ish Columbia – TheNewswire - October...
About this update from Rackla Metals Inc.
[{"type":"text","content":"Rackla Metals increases Holdings in the Tombstone Gold Belt, with an Option on the SER Project from Sabre Gold Mines Corp.\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, Brit\n \n \n ish Columbia –\n \n \n TheNewswire -\n \n \n October 12,\n2022 – Rackla Metals Inc. (TSXV:RAK)\n \n \n (OTC:RMETF)\n \n \n is pleased to announce that\nit has entered into a property option agreement with Sabre Gold Mines\nCorp.\n \n \n (TSX-SGLD) (\n \n \n “\n \n \n Sabre”) to\n \n \n purchase a 100% interest in\n \n \n the 376-claim SER\ngold project located in the Yukon Territory, Canada.  The SER\nproperty surrounds Rackla’s\n \n \n recently optioned\nHit property in the Yukon\n \n \n (see news release\n \n \n \n October 4, 2022\n \n \n \n \n and is adjacent to\n \n \n \n Rackla’s Astro property in the Northwest Territories (see\nnews release\n \n \n \n September 20, 2022\n \n \n \n ).  The SER project further adds to Rackla’s mineral\nproperty interests in the Tombstone Gold Belt within the Selwyn\nBasin.\n \n \n \n \n “The SER property is a tremendous value add to\nRackla’s exploration pipeline.  We are very proud of the progress\nthe team has made with the rapid accumulation of high priority targets\nin this belt that we consider to be very prospective for\nreduced-intrusion related gold systems (RIRGS).  We are targeting\nprospects that parallel Snowline Gold\n \n \n ’\n \n \n s Rogue gold discovery and our team\nof geologists are hard at work developing a plan of action to advance\nour key targets,\n \n \n ”\n \n \n states\nSimon Ridgway, CEO of the Company.\n \n \n \n \n The SER property surrounds a series of small to medium\nsize intrusive centres with highly anomalous stream sediment\ngeochemistry (up to 0.510 ppm Au) and associated geophysical anomalies\nindicating good potential for RIRGS.  The SER property in combination\nwith the Hit and Astro Properties add a large amount of prospective\nground to Rackla’s holdings in the Yukon and NWT which now cover a\ntotal of 46,125 hectares.  The focus has been to acquire prospective\nground within reasonable proximity to the Canol Road and Mac Pass\nairstrip, thereby reducing the logistic and environmental challenges\ngoing forward.\n \n \n \n \n...