In this interview at the Red Cloud Fall Mining Showcase 2024, Simon Ridgway, CEO and Director of Rackla Metals Inc. (TSX-V: RAK), provides insights into the company’s recent strategic shifts and future plans.
Ridgway begins by discussing Rackla Metals’ new direction after ending a drill progam in the Yukon Territory, highlighting their staking of new claims in the Northwest Territories, specifically the Grad property.
He discusses the discovery of the BiTE showing on the Grad property, featuring multiple veins with high-grade gold samples. The fact that this is in a previously unprospected area within the Tombstone belt underscores the potential for significant new discoveries in the region.
Looking ahead, Ridgway outlines Rackla’s plans for 2024, which include extensive sampling and trenching work. He indicates that drilling is anticipated to begin in August 2025, providing investors with a clear timeline for major exploration activities.
Ridgway expresses optimism about the project’s potential, citing strong alteration systems and impressive gold numbers. He notes that the Grad property will likely be the primary focus for Rackla Metals in the coming year.
Not a recommendation to buy or sell securities. Always do additional research and consult a professional before purchasing a security. The Deep Dive and its affiliates hold no licenses.
The Grocery Grift: Why Toronto and New York Are About to Light Taxpayer Money on Fire