(via TheNewswire)
The Company employed a large team of prospectors, soil samplers and geologists to get eyes on the rocks and collect samples to test the potential of this large, rugged terrain in search for gold-bearing sheeted vein systems with potential for an economic discovery.The surface sampling program returned numerous anomalies and was followed by 3,000 m of reconnaissance-style drill testing of selected targets.
The HIT claim block covers the Canol Trail Stock, which is the most northerly intrusive body in the
HIT property anomalies and 2023 drill hole locations.
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The SER claim block hosts the most southern of the three intrusive bodies known as the Kelvin Stock. The Kelvin Stock is 10 km south of the Canol Trail Stock, measures 2.2 km in diameter and is a Tombstone Suite granite intrusion. Soil sampling at SER has returned strong, coincident Au-As soil anomaly at the
SER property soil, talus and rock sample anomalies
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Over the next few months, the Rackla team will be focused on detailed evaluation of results collected from the 2023 field program that included airborne and ground geophysics, surface sampling, and drilling. The 2024 workplans will include:
HIT Property: A significant drill program is planned to vector towards the heart of the RIRGS target discovered in 2023.
Astro Property: Additional mapping and prospecting is planned to determine the source of gold mineralization.
SER Property: A maiden diamond drill program is planned to test the various gold-in-soil anomalies and anomalous rock samples.
Other properties: Work on 4 other Company-owned properties, including “boots-on-ground” prospecting, to bring them up to the drill ready stage.
Qualified Person
About Rackla
ON BEHALF OF THE BOARD
CEO and Director
Tel: (604) 801-5432; Fax: (604) 662-8829
Email: info@goldgroup.com
Website: www.racklametals.com
Neither the
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, statements about the Company’s exploration activities. 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, 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.sedar.com. 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 or its properties; 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.
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