Rackla Metals : begins first drilling at Lentung in 44 years – 10,000 metre drill program underway

About this update from Rockland Resources Ltd.

Rackla begins first drilling at Lentung in 44 years - 10,000 metre drill program underway Aug 17, 2026 View PDF Vancouver, British Columbia - August 17, 2026 - Rackla Metals Inc. (TSX-V: RAK) ("Rackla" or the "Company") is pleased to announce that drilling has commenced at its Lentung tungsten project in the Northwest Territories, marking the first new drilling on the property since 1982. Rackla plans to complete approximately 10,000 metres of drilling during the 2026 program, comprising approximately 4,000 metres of diamond drilling and 6,000 metres of reverse circulation ("RC") drilling. The diamond drill crew arrived at Lentung on August 14 and collared the first hole. The 4,000-metre diamond drill program is focused on confirming historic Union Carbide results and establishing the geological and assay database required to support preparation of a modern NI 43-101 technical report and mineral resource estimate. Diamond drilling will initially test the grade, continuity and geometry of known tungsten mineralization to validate the historic work and support re-establishment of the resource using modern exploration standards. The program will also target extensions of known mineralization and deeper high-grade tungsten zones identified by historic scout drilling elsewhere along the 15-kilometre-long tungsten belt. The Company also plans to complete approximately 6,000 metres of RC drilling, with the drill scheduled to mobilize to Lentung on August 18. The RC program will focus on infilling and expanding tungsten mineralization within the Central Zone. The self-propelled RC drill is expected to provide a rapid and cost-effective means of testing multiple targets utilizing the recently re-established trail network. Simon Ridgway, CEO of Rackla, commented: "Getting the drills turning at Lentung is an important milestone for Rackla. This is the first drilling on the property in more than four decades and gives us the opportunity to test a substantial body of excellent historic work with modern drilling, assaying and geological techniques. Our first objective is to confirm the historic mineralization and create the technical foundation required to re-establish the resource through a current mineral resource estimate. From there, the program transitions into expansion and exploration drilling. Union Carbide identified significant tungsten mineralization at Lent...

View stock analysis, news, and events for Rockland Resources Ltd.