Rackla Metals Reports Initial Assay Results from the 2025 Drill Program on the Grad Property

Vancouver, British Columbia – TheNewswire - October 6th, 2025 – Rackla Metals Inc. (TSX-V: RAK) (the “Company”) reports assay results from the first three drill holes of the 2025 campaign on the Grad Property. Holes G25-001, 002 and 003 tested below the high-grade BiTe showing discovered in 2024.   Results from these first three holes failed to return any continuity of the mineralization discovered at surface and did not intersect any significant gold mineralization.  However, assay results are still pending from additional holes which showed more prospective veining, alteration and mineralization.

The 2025 program was the maiden drill program on the property and management believes it was the most logical step to evaluate the high-grade results from the 2024 surface sampling on this steep cliff face.  Rackla is encouraged that the Reduced Intrusion-Related Gold System model appears to be the correct model for the property as indicated by the strong correlation between gold mineralization, bismuth and tellurium. However, only minor, isolated gold values were returned in these initial holes with the best being 1.16 g/t gold over 4.75 m in hole G25-003 (Table 1). While this is disappointing, there are still 7 holes to be reported, and some of these exhibited the highest vein density, strongest alteration and greatest concentration of bismuth minerals observed in the core to date.

Table 1 – Summary of drill hole results from holes G25-001, 002 and 003.

Figure 1 – Plan map of the BiTe Showing drill hole traces with vein density counts (G25-001, 002 and 003 highlighted)

The strongest intensity of alteration and greatest vein density occurs in the west-central part of the BiTe Zone. Hole G23-010 tested the sediment-intrusive contact at the southwestern edge of the BiTe Zone and was a significant step out from earlier drilling.  The top of the hole, down to 218 m, had relatively low vein density count, but from 218 m to 452 m the vein density was some of the highest observed at the BiTe Zone to date, averaging 24 veins-per-metre (Figure 1). Importantly, the veins within this interval contained abundant bismuth minerals.

All samples from the drilling have been sent to the lab and the Company expects the remaining results within the coming weeks.

Table 2 – Diamond drill hole collar information.

Rackla is working in consultation with the Sahtu Dene and Métis communities and remains committed to maintaining the respectful, collaborative relationships we’ve built with the Sahtu. As we advance exploration at our properties, we will continue working closely with local stakeholders and regulatory agencies to ensure our activities create long-term value and reflect community priorities.

Sampling Methodology

For the 2025 program drilling was NTW-sized core. Once the core was received at the core logging facility it was systematically logged for geological attributes, photographed and marked for sampling by the geological staff. Sample lengths were generally 1.5 meter or less depending on the need to isolate features of interest. Core sampling was accomplished by cutting in half lengthwise along a pre-determined line, with one half to be sent to the lab and one half stored as a record. Field duplicates were collected at regular intervals as ¼ core samples by splitting the ½ core to be sent to the lab, leaving a consistent record of half core material from duplicate and non-duplicate samples alike. Standard reference materials were inserted by Rackla personnel at regular intervals into the sample stream. The samples were delivered by expeditor to ALS Canada Ltd preparatory facility in Whitehorse, Yukon. Sample preparation was completed at either the Whitehorse facility or re-directed by ALS to their Langley, BC facility, depending on workloads, with final analyses completed at the ALS laboratory in North Vancouver.

ALS Canada Ltd is accredited to ISO/IEC 17025:2017 and ISO9001:2015 for quality management. Samples were prepared according to the ALS Prep-31A procedure, which involved crushing to >70% passing below 2 mm and split using a riffle splitter. 250 g splits were pulverized to >85% passing below 75 microns. A four-acid digest with an inductively coupled plasma mass spectroscopy (ICP-MS) finish was used for 48-element analysis on 0.25 g sample pulps (ALS code: ME-MS61). All samples were analysed for gold content by fire assay with an atomic absorption spectroscopy (AAS) finish on 50 g samples (ALS code: Au-GRA22). In addition, samples that returned over limits for bismuth, tellurium, arsenic, base metals and silver we assayed by Ore Grade analytical methods.

For the purposes of this release, contiguous mineralized intervals at are defined as runs of mineralization >0.5 g/t Au.

Qualified Person

Scott Casselman, B.Sc., P.Geo., Vice-President Exploration of the Company, is a member of the Association of Professional Engineers and Geoscientists of British Columbia and is the Company’s Qualified Person as defined by National Instrument 43-101. Mr. Casselman has reviewed and approved the technical information contained in this news release.

About Rackla

Rackla Metals Inc. (TSX-V: RAK) is a Vancouver, Canada based junior gold exploration company.  The Company is targeting Reduced Intrusion-Related Gold Systems (RIRGS) mineralization on the southeastern part of the Tombstone Gold Belt in eastern Yukon and western Northwest Territories.  Management believes that this area, which is underexplored for RIRGS deposit types, has the potential to be the next frontier for the discovery of these large gold systems.

ON BEHALF OF THE BOARD

Simon Ridgway,
CEO and Director

Tel: (604) 801-5432; Fax: (604) 662-8829
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Website: www.racklametals.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.

Forward-Looking Information

Certain statements contained in this news release constitute forward-looking statements within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, are forward- looking statements and include, without limitation, the pending assay results from the Company’s 2025 drilling program; the Company’s future exploration activities; and general business and economic conditions. Often, but not always, these forward looking statements can be identified by the use of words such as “estimate”, “estimates”, “estimated”, “potential”, “open”, “future”, “assumed”, “projected”, “used”, “detailed”, “has been”, “gain”, “upgraded”, “offset”, “limited”, “contained”, “reflecting”, “containing”, “remaining”, “to be”, “periodically”, or statements that events, “could” or “should” occur or be achieved and similar expressions, including negative variations.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any results, performance or achievements expressed or implied by forward-looking statements. Such uncertainties and factors include, among others, whether exploration results will be as anticipated; changes in general economic conditions and financial markets; the Company or any joint venture partner not having the financial ability to meet its exploration and development goals; risks associated with the results of exploration and development activities, estimation of mineral resources and the geology, grade and continuity of mineral deposits; unanticipated costs and expenses; and such other risks detailed from time to time in the Company’s quarterly and annual filings with securities regulators and available under the Company’s profile on SEDAR+ at www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.

Forward-looking statements contained herein are based on the assumptions, beliefs, expectations and opinions of management, including but not limited to: that the Company’s stated goals and planned exploration activities at its properties will be achieved; that there will be no material adverse change affecting the Company, its properties or its securities; and such other assumptions as set out herein. Forward-looking statements are made as of the date hereof and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by law. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, investors should not place undue reliance on forward-looking statements.