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Rackla Metals Receives Land Use Permit for the 2026 Exploration Program on the Lentung Property
Vancouver, British Columbia – May 21, 2026 - TheNewswire – Rackla Metals Inc. (TSX-V: RAK) (“Rackla” or the “Company”) is pleased to announce that it has
About this update from Rackla Metals Inc.
[{"type":"text","content":"Vancouver, British Columbia – May 21, 2026 - TheNewswire – Rackla Metals Inc. (TSX-V: RAK) (“Rackla” or the “Company”) is pleased to announce that it has obtained a 5-year Type A Land Use Permit from the Sahtu Land and Water Board for the Lentung project. The permit allows for the establishment of a 49-person camp, drill-based mineral exploration program and the repair, maintenance, and use of existing trails and access routes at Lentung. The Lentung Project is now fully permitted for the upcoming 2026 exploration season. The Lentung project is located within the Tombstone Tungsten Belt of western Northwest Territories and is approximately 60 km by road north of the past-producing Cantung tungsten mine. Between 1977 and 1982 Union Carbide Exploration Corporation conducted a comprehensive exploration program on the Lentung property (previously called Lened) which included 26,900 m of diamond drilling, a variety of geochemical and geophysical surveys, detailed geological mapping, trenching, metallurgical, engineering, economic and environmental studies. In 1982, Union Carbide submitted the project to the Federal Environmental Assessment and Review Process (EARP) seeking a mine permit. However, due to declining tungsten prices, the company withdrew the application and paused all activities at the site (see Rackla press release dated March 30, 2026). There has been no significant work on the site since then. The Company’s 2026 plans for the Lentung project are to: 1- establish a new 49-person camp on the site. 2- 4,000 m of diamond drilling by twinning 27 holes to confirm Union Carbide results and to bring their findings up to a modern standard. 3- 6,000 m of reverse circulation drilling to further define the known occurrences. 4- Surface trenching to expose shallowly buried tungsten bodies. 5- Clearing and repairing the 25 km of existing roads and trails on site and the access trail to the Howards Pass Access Road. 6- Production of an NI 43-101 resource calculation following the exploration season. The 2026 field program is scheduled to commence May 26. The proximity of the Lentung project to the Cantung mine presents a compelling exploration opportunity given strong tungsten prices, the growing global interest in critical minerals, and the desire for a stable, secure North American supply. The Cantung mine began producti...