Business
Rackla Metals Stakes New Ground in Tungsten District, Northwest Territories, Canada
(TheNewswire) Vancouver, British Columbia - TheNewswire - July 5, 2023 - ...
About this update from Rackla Metals Inc.
[{"type":"text","content":"Rackla Metals Stakes New Ground in Tungsten District, Northwest Territories, Canada\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, British Columbia -\n \n \n TheNewswire -\n \n \n July 5, 2023 -\n \n \n Rackla Metals Inc.\n \n \n (TSX-V:RAK)\n \n \n (the \"\n \n \n Company\n \n \n \") is\npleased to announce its recent staking of mineral claims in the\nTungsten District of the Tombstone Gold Belt, encompassing\napproximately 10,000 hectares on two claim blocks.  The Company has\nidentified a large area as prospective for Reduced-intrusion Related\nGold Systems deposits in the vicinity of the Cantung Mine.\n \n \n \n \n Rackla has commenced the permitting process to explore\nthe properties from a road-accessible base of operations on the Flat\nRiver.  An initial program of ground proofing with geological mapping\nand prospecting, stream sediment sampling, and geophysical surveys\nwill assess the full potential of these mineral claims.\n \n \n \n \n Rackla Metals’ CEO, Simon Ridgway, expressed his\nenthusiasm for these new target areas, stating, “The review of\nprevious work in the area of the Tungsten properties indicate again\nthat the intrusive stocks in this region of the Tombstone Gold Belt\nhave the potential to host Reduced-intrusion Related Gold\nSystems\n \n \n (RiRGS)\n \n \n .\nHistorical mapping and sampling have identified a number of areas that\nwarrant investigation.  We are confident in the untapped potential of\nthis district and believe that our comprehensive exploration program\nwill generate some significant gold prospects.”\n \n \n \n \n As Rackla Metals continues permitting and planning an\nexploration program on the new claims, it will proceed with the\nextensive program on the Astro Plutonic complex where drilling is\nprojected to start on July 5th (see news release June 29, 2023). The\nCompany remains dedicated to advancing its existing targets in the\neastern Yukon and western Northwest Territories.\n \n \n \n \n Qualified Person\n \n \n \n \n Scott Casselman, B.Sc., P.Geo., Vice-President\nExploration of the Company, is a member of the Association of\nProfessional Engineers and Geoscientists of British Columbia and is\nthe Company’s Qualified Person as defined by National Instrument\n43-101. Mr. Casselman has revie...