Rackla Metals Inc. · TSXV:RAK
Rackla Metals — Investor Presentation (October 2026)
17 slides from Rackla Metals's investor presentation, October 2026
Slide 1: A Canadian Tungsten Explorer
TSX.V:RAK FSE:RLH1 A CANADIAN TUNGSTEN EXPLORER Northwest Territories An Advanced-Staged, High-Grade Tungsten Asset in Canada’s North 2026 OCTOBER
Slide 2: Forward Looking Statements & Qualified Person
TSX.V:RAK FSE:RLH1 FORWARD LOOKING STATEMENTS & QUALIFIED PERSON Certain statements contained in this presentation constitute others, changes in general economic conditions and financial Company disclaims any obligation to update any forward- forward-looking statements within the meaning of Canadian
Slide 3: Why Tungsten?
TSX.V:RAK FSE:RLH1 10.0% Why Tungsten? 12.5% Tungsten is irreplaceable in the TUNGSTEN END USE 1 ~60% Cemented Carbides four applications 60.0% 15- 20% Alloys/ Specialty Steels 17.5% that matter most: 10 -15% Electronics/ Semiconductors Defence ~10% and Other 3 Industrial Cutting Semiconductors Spec
Slide 4: Why Now?
TSX.V:RAK FSE:RLH1 Why Now? China restructured the market. The West is responding. 80% 70% US$37M 9x China’s share of global Chinese APT export volume DPA Title III funding Tungsten price appreciation tungsten production more declines following February committed to North over the 18 months concentr
Slide 5: Why Rackla?
TSX.V:RAK FSE:RLH1 Why Rackla? Rackla is positioned to be part of the Western response. District Scale Upside 1. The Right Geological Address In Canada—the same belt as Fireweed’s Mactung Deposit and the past-producing Cantung mine 4. The historical resource covers only 3 of 15 identified tungsten o
Slide 6: A Premier Location for World-Class Tungsten Deposits
TSX.V:RAK FSE:RLH1 Victoria Gold Corp. TSX.V:VGCX YK NWT AK YK TSX.V:RAK FSE:RLH1 Dawson City Location & Infrastructure A Premier Sitka Gold Corp. TSX.V: SGD Mayo Banyan Gold Corp. TSX.V: BYN TOMBSTONE TSX.V: SGD | Valley Deposit BELT Location for Gold Strike Resources. TSX.V: GSR World - Class Tung
Slide 7: Why Lentung?
TSX.V:RAK FSE:RLH1 One of the World’s Highest - Grade Tungsten Skarns Why Lentung? LOCATION NWT, Canada CANTUNG 60 km north of LENTUNG Cantung by road Tombstone-Tungsten Belt MACTUNG HISTORICAL DRILLING Union Carbide, 1977- 26,900 m / 178 drill holes 1982; core recoverable OCCURRENCES Historical res
Slide 8: History Indicates Significant Upside
Central Zone Lentung, NWT TSX.V:RAK FSE:RLH1 TSX.V:RAK FSE:RLH1 History Indicates Significant Upside ‣ From 1977-1982 Union Carbide Exploration Ltd. conducted an extensive exploration program advancing Lentung to pre-feasibility. ‣ A total of 26,900 m of diamond drilling in 178 holes was completed,
Slide 9: Emma Zone Cross Section
TSX.V:RAK FSE:RLH1 Lentung, NWT Emma Zone The Emma Zone is structurally Cross Section complex; however, this has stacked the mineralization into a wide zone with excellent tungsten grade. 2 km Emma Western Stephen’s Skarn Ridge SECTION LOCATION * Using a 6% WO3 Cutoff racklametals.com TSX-V:RAK | FS
Slide 10: Western Skarn Cross Section
A fast track to discovery TSX.V:RAK FSE:RLH1 Lentung, NWT Western Skarn Rackla’s program will twin the drillholes in this section Cross Section to confirm the high-grade intervals previously defined by Union Carbide. 2 km Emma Western RC drilling is planned Skarn Stephen’s to infill and expand Ridge
Slide 11: Stephen's Ridge Cross Section
TSX.V:RAK FSE:RLH1 Lentung, NWT Stephen’s Ridge Rackla plans to twin And RC drilling to infill and expand up Union Carbide’s and down dip. Cross Section drilling to confirm the high-grade intervals. 2 km Emma Western Skarn Stephen’s Ridge SECTION LOCATION racklametals.com TSX-V:RAK | FSE:RLH1 Page 1
Slide 12: Geophysics Indicates Tremendous Potential
Geophysics Indicates Tremendous Potential TSX.V:RAK FSE:RLH1 Central Zone (West) 2026 UAV Magnetics Central Zone Central Zone (East) racklametals.com TSX-V:RAK | FSE:RLH1 Page 12
Slide 13: Cantung Minesite & Related Infrastructure
CANTUNG MINESITE & RELATED INFRASTRUCTURE ➢ The Cantung mine site is 65 km by road (55 km by air) south of the Lened property. ➢ The mine shut down in 2014 and has been on Care and Maintenance since then. ➢ In 2014, Cantung produced 227,500 MTU’s of WO3+. At the average 2025 price of $2,250/MTU (Apr
Slide 14: Top Tier Leadership with a History of Discoveries
TSX.V:RAK FSE:RLH1 Leadership, Management & Advisors Top Tier Leadership with a History of Discoveries Advisory Management Committee Paul Gruner Arctic Infrastructure & Kevin Bales Indigenous JV Lead Simon Ridgway Scott Casselman Michael Shultz Sally Whittall Founder, CEO, Director VP Exploration Op
Slide 15: Upcoming Catalysts
TSX.V:RAK FSE:RLH1 UPCOMING CATALYSTS Late June 2026 August 2026 September – October 2026 Q1 – Q2 2027 CORE CONSOLIDATION DRILL MOBILIZATION FIRST ASSAY RESULTS MAIDEN NI 43-101 Resampling/relogging of 10,000 m drill program First independent RESOURCE the core from 1980’s commences at Lentung confir
Slide 16: Capital Structure
TSX.V:RAK FSE:RLH1 CAPITAL STRUCTURE Shares (M) Basic Shares Outstanding 182.5 30% Warrants 8.9 INSIDER OWNERSHIP Incentive Stock Options 5.9 ~30% Fully Diluted 197.3 70% Cash ~$12 M *as of September 29, 2026 racklametals.com TSX-V:RAK | FSE:RLH1 Page 16
Slide 17: Head Office: Suite 1000, 1111 Melville Street Vancouver, BC
Head Office: Suite 1000, 1111 Melville Street Vancouver, BC V6E 3V6 T +1 604 801 5432 info@racklametals.com TSX.V:RAK FSE:RLH1 OTCM RMETF www.racklametals.com