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Rackla Metals Inc V.RAK

Alternate Symbol(s):  RMETF

Rackla Metals Inc. is a 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 (NWT). Its projects include Tombstone Gold Belt, Astro Plutonic Complex, BLACK, FLAT, JOS, RAK Main and GOSSAN. The Astro Plutonic Complex project includes Astro West Project, Yukon, and Astro East Project, NWT. The Company owns a 100% interest, subject to a 2.5% NSR royalty interest, in the Astro East gold project, an approximately 288 square kilometer exploration property. The Company owns a 100% interest (Astro West Project), subject to a 2.5% NSR royalty, in the Mayo Mining District, Yukon, along the NWT border. Its RAK Main and Jos Projects comprise 13 claims covering around 10,100 hectares. The Company owns 100% of two claim blocks known as the Black Claims and Flat Claims totaling nine claims covering over 9,500 hectares.


TSXV:RAK - Post by User

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  • megacopperX
Comment by megacopperon May 12, 2025 9:35am
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Post# 36569973

RE:dip because of warrants?

RE:dip because of warrants?

4marlin wrote: from over on ceo.ca:

@GoheavyI thought warrants were at 25c but Simon said they were at 20c, exercisable until 7th June. Hence more short-term downside possible.

Almost certainly it will run after that date.
Bb

 

Yes after those June warrants expire there are warrants at 40 cents that expire in early September so there shouldn't be any selling pressure between June and September right up to 40 cents plus. With drilling slated to begin late June or early July so I think RAK should go on a nice run as we await assay results. Plus we could have some interesting visuals early on from drilling. Rackla is poised for a significant gold discovery this summer or early fall in my opinion.

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