Initial Assay Results from the 2025 Drill Program on the Grad Property

Original announcement by tmx on

Company
Rackla Metals Inc.
Ticker
RAK
Exchange
TSX
Region
Yukon, Northwest Territories
Primary commodity
Gold
Secondary commodities
Bismuth, Tellurium
Document categories
Drill results
Extracted
2026-08-24 07:55:34 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Rackla Metals Inc. reported initial assay results from the first three holes of its maiden 2025 drill program on the Grad Property, which yielded disappointing, minor, and isolated gold values with no continuity. The highest intercept was 1.72 g/t gold over 1.05 meters, and the best overall was 1.16 g/t gold over 4.75 meters, both significantly below peer averages. Despite the low gold grades, the company remains encouraged by the confirmation of the Reduced Intrusion-Related Gold System model through associated bismuth and tellurium, and anticipates results from seven additional holes that exhibited more prospective alteration and veining.

Reasoning: The initial assay results from the maiden drill program on the Grad Property reported low gold grades and failed to show continuity of mineralization, which the company described as disappointing. While the RIRGS model is supported by bismuth and tellurium, the gold intercepts are minor and isolated, falling significantly below peer comparison averages. However, the results are from the first three holes only, with more prospective holes pending, and the QA/QC procedures are robust.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off
  • RIRGS model confirmed by pathfinder elements
  • Pending results from more prospective holes

Negative factors

  • Low gold grades reported
  • No continuity of mineralization
  • Disappointing initial results
  • Below peer average grades
  • Apparent width only

Facts used in scoring: 36

Atlas analysis — Rackla Metals Inc.: Initial Assay Results from the 2025 Drill Program on the Grad Property. 1.16 g/t over 4.75 m; 1.31 g/t over 1.5 m; 1.27 g/t over 1.5 m

Classification and evidence

No Continuitynegative · Story-specific tag

No canonical definition is currently available.

Why it applies: The initial drill results "failed to return any continuity of the mineralization discovered at surface".

Evidence · text

“failed to return any continuity of the mineralization discovered at surface”

Low Gradenegative · Story-specific tag

No canonical definition is currently available.

Why it applies: The company stated that "only minor, isolated gold values were returned in these initial holes with the best being 1.16 g/t gold over 4.75 m", which is significantly below the peer comparison average of 6.832 g/t Au.

Evidence · text

“only minor, isolated gold values were returned in these initial holes with the best being 1.16 g/t gold over 4.75 m”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release includes detailed QA/QC procedures, including accredited lab certification (ALS Canada Ltd is accredited to ISO/IEC 17025:2017) and mention of blanks, standards, and duplicates.

Evidence · text

“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.”

QP/CP Signedpositive · Story-specific tag

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Scott Casselman, B.Sc., P.Geo., Vice-President Exploration of the Company, is a Qualified Person as defined by NI 43-101 and has reviewed and approved the technical information.

Evidence · text

“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.”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The drill results report interval lengths without stating or estimating true widths.

Evidence · table

“Interval (m)”

Cut-off Disclosedpositive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: The document explicitly states the cut-off grade used for defining mineralized intervals: ">0.5 g/t Au".

Evidence · text

“contiguous mineralized intervals at are defined as runs of mineralization >0.5 g/t Au”

Extracted facts

Stored fact records: 36. Some facts used in scoring do not have a stored record.

Drill Results (36)

G25-001Grad Property · goldGrade: 1.72Grade Unit: g/tIntercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
G25-001
Project
Grad Property
Commodity
gold
Ticker
RAK

Geometry

Grade
1.72
Grade Unit
g/t
Intercept
1.05 m
From
57.95 m
To
59 m
Hole Depth
208.79 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-001:57.95-59.00
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
88 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This gold intercept of 1.72 g/t over 1.05m is considered low in the context of the company's overall disappointing results and significantly below peer averages, despite being from a maiden drill program with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off

Negative factors

  • Low gold grades reported
  • Below peer average grades
  • Apparent width only

Evidence · table

“1.72”

Context: 1.05

G25-001Grad Property · bismuthGrade: 3510Grade Unit: ppmIntercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
G25-001
Project
Grad Property
Commodity
bismuth
Ticker
RAK

Geometry

Grade
3510
Grade Unit
ppm
Intercept
1.05 m
From
57.95 m
To
59 m
Hole Depth
208.79 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-001:57.95-59.00
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
88 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This bismuth intercept is noted as a pathfinder element supporting the RIRGS model, providing geological context for the maiden drill program, with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off
  • RIRGS model confirmed by pathfinder elements

Evidence · table

“3510”

Context: 1.05

G25-001Grad Property · telluriumGrade: 298Grade Unit: ppmIntercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
G25-001
Project
Grad Property
Commodity
tellurium
Ticker
RAK

Geometry

Grade
298
Grade Unit
ppm
Intercept
1.05 m
From
57.95 m
To
59 m
Hole Depth
208.79 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-001:57.95-59.00
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
88 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This tellurium intercept is noted as a pathfinder element supporting the RIRGS model, providing geological context for the maiden drill program, with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off
  • RIRGS model confirmed by pathfinder elements

Evidence · table

“298.0”

Context: 1.05

G25-001Grad Property · goldGrade: 0.55Grade Unit: g/tIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
G25-001
Project
Grad Property
Commodity
gold
Ticker
RAK

Geometry

Grade
0.55
Grade Unit
g/t
Intercept
1.3 m
From
59 m
To
60.3 m
Hole Depth
208.79 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-001:59.00-60.30
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
88 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This gold intercept of 0.55 g/t over 1.3m is considered very low, barely above the stated cut-off, and contributes to the company's overall disappointing results from the maiden drill program, despite robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off

Negative factors

  • Low gold grades reported
  • Below peer average grades
  • Apparent width only

Evidence · table

“0.55”

Context: 1.30

G25-001Grad Property · bismuthGrade: 1300Grade Unit: ppmIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
G25-001
Project
Grad Property
Commodity
bismuth
Ticker
RAK

Geometry

Grade
1300
Grade Unit
ppm
Intercept
1.3 m
From
59 m
To
60.3 m
Hole Depth
208.79 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-001:59.00-60.30
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
88 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This bismuth intercept is noted as a pathfinder element supporting the RIRGS model, providing geological context for the maiden drill program, with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off
  • RIRGS model confirmed by pathfinder elements

Evidence · table

“1300”

Context: 1.30

G25-001Grad Property · telluriumGrade: 100.5Grade Unit: ppmIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
G25-001
Project
Grad Property
Commodity
tellurium
Ticker
RAK

Geometry

Grade
100.5
Grade Unit
ppm
Intercept
1.3 m
From
59 m
To
60.3 m
Hole Depth
208.79 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-001:59.00-60.30
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
88 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This tellurium intercept is noted as a pathfinder element supporting the RIRGS model, providing geological context for the maiden drill program, with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off
  • RIRGS model confirmed by pathfinder elements

Evidence · table

“100.5”

Context: 1.30

G25-001Grad Property · goldGrade: 0.54Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
G25-001
Project
Grad Property
Commodity
gold
Ticker
RAK

Geometry

Grade
0.54
Grade Unit
g/t
Intercept
0.7 m
From
64.3 m
To
65 m
Hole Depth
208.79 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-001:64.30-65.00
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
88 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This gold intercept of 0.54 g/t over 0.7m is considered very low, barely above the stated cut-off, and contributes to the company's overall disappointing results from the maiden drill program, despite robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off

Negative factors

  • Low gold grades reported
  • Below peer average grades
  • Apparent width only

Evidence · table

“0.54”

Context: 0.70

G25-001Grad Property · bismuthGrade: 378Grade Unit: ppmIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
G25-001
Project
Grad Property
Commodity
bismuth
Ticker
RAK

Geometry

Grade
378
Grade Unit
ppm
Intercept
0.7 m
From
64.3 m
To
65 m
Hole Depth
208.79 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-001:64.30-65.00
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
88 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This bismuth intercept is noted as a pathfinder element supporting the RIRGS model, providing geological context for the maiden drill program, with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off
  • RIRGS model confirmed by pathfinder elements

Evidence · table

“378”

Context: 0.70

G25-001Grad Property · telluriumGrade: 30.5Grade Unit: ppmIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
G25-001
Project
Grad Property
Commodity
tellurium
Ticker
RAK

Geometry

Grade
30.5
Grade Unit
ppm
Intercept
0.7 m
From
64.3 m
To
65 m
Hole Depth
208.79 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-001:64.30-65.00
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
88 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This tellurium intercept is noted as a pathfinder element supporting the RIRGS model, providing geological context for the maiden drill program, with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off
  • RIRGS model confirmed by pathfinder elements

Evidence · table

“30.5”

Context: 0.70

G25-001Grad Property · goldGrade: 1Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
G25-001
Project
Grad Property
Commodity
gold
Ticker
RAK

Geometry

Grade
1
Grade Unit
g/t
Intercept
1.5 m
From
87.5 m
To
89 m
Hole Depth
208.79 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-001:87.50-89.00
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
88 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This gold intercept of 1.0 g/t over 1.5m is considered low in the context of the company's overall disappointing results and significantly below peer averages, despite being from a maiden drill program with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off

Negative factors

  • Low gold grades reported
  • Below peer average grades
  • Apparent width only

Evidence · table

“1.00”

Context: 1.50

G25-001Grad Property · bismuthGrade: 151Grade Unit: ppmIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
G25-001
Project
Grad Property
Commodity
bismuth
Ticker
RAK

Geometry

Grade
151
Grade Unit
ppm
Intercept
1.5 m
From
87.5 m
To
89 m
Hole Depth
208.79 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-001:87.50-89.00
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
88 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This bismuth intercept is noted as a pathfinder element supporting the RIRGS model, providing geological context for the maiden drill program, with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off
  • RIRGS model confirmed by pathfinder elements

Evidence · table

“151”

Context: 1.50

G25-001Grad Property · telluriumGrade: 16Grade Unit: ppmIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
G25-001
Project
Grad Property
Commodity
tellurium
Ticker
RAK

Geometry

Grade
16
Grade Unit
ppm
Intercept
1.5 m
From
87.5 m
To
89 m
Hole Depth
208.79 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-001:87.50-89.00
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
88 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This tellurium intercept is noted as a pathfinder element supporting the RIRGS model, providing geological context for the maiden drill program, with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off
  • RIRGS model confirmed by pathfinder elements

Evidence · table

“16.0”

Context: 1.50

G25-001Grad Property · goldGrade: 0.84Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
G25-001
Project
Grad Property
Commodity
gold
Ticker
RAK

Geometry

Grade
0.84
Grade Unit
g/t
Intercept
1.5 m
From
98 m
To
99.5 m
Hole Depth
208.79 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-001:98.00-99.50
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
88 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This gold intercept of 0.84 g/t over 1.5m is considered low in the context of the company's overall disappointing results and significantly below peer averages, despite being from a maiden drill program with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off

Negative factors

  • Low gold grades reported
  • Below peer average grades
  • Apparent width only

Evidence · table

“0.84”

Context: 1.50

G25-001Grad Property · bismuthGrade: 819Grade Unit: ppmIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
G25-001
Project
Grad Property
Commodity
bismuth
Ticker
RAK

Geometry

Grade
819
Grade Unit
ppm
Intercept
1.5 m
From
98 m
To
99.5 m
Hole Depth
208.79 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-001:98.00-99.50
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
88 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This bismuth intercept is noted as a pathfinder element supporting the RIRGS model, providing geological context for the maiden drill program, with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off
  • RIRGS model confirmed by pathfinder elements

Evidence · table

“819”

Context: 1.50

G25-001Grad Property · telluriumGrade: 33.4Grade Unit: ppmIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
G25-001
Project
Grad Property
Commodity
tellurium
Ticker
RAK

Geometry

Grade
33.4
Grade Unit
ppm
Intercept
1.5 m
From
98 m
To
99.5 m
Hole Depth
208.79 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-001:98.00-99.50
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
88 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This tellurium intercept is noted as a pathfinder element supporting the RIRGS model, providing geological context for the maiden drill program, with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off
  • RIRGS model confirmed by pathfinder elements

Evidence · table

“33.4”

Context: 1.50

G25-001Grad Property · goldGrade: 0.52Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
G25-001
Project
Grad Property
Commodity
gold
Ticker
RAK

Geometry

Grade
0.52
Grade Unit
g/t
Intercept
0.5 m
From
199.5 m
To
200 m
Hole Depth
208.79 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-001:199.50-200.00
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
88 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This gold intercept of 0.52 g/t over 0.5m is considered very low, barely above the stated cut-off, and contributes to the company's overall disappointing results from the maiden drill program, despite robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off

Negative factors

  • Low gold grades reported
  • Below peer average grades
  • Apparent width only

Evidence · table

“0.52”

Context: 0.50

G25-001Grad Property · bismuthGrade: 1435Grade Unit: ppmIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
G25-001
Project
Grad Property
Commodity
bismuth
Ticker
RAK

Geometry

Grade
1435
Grade Unit
ppm
Intercept
0.5 m
From
199.5 m
To
200 m
Hole Depth
208.79 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-001:199.50-200.00
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
88 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This bismuth intercept is noted as a pathfinder element supporting the RIRGS model, providing geological context for the maiden drill program, with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off
  • RIRGS model confirmed by pathfinder elements

Evidence · table

“1435”

Context: 0.50

G25-001Grad Property · telluriumGrade: 20.5Grade Unit: ppmIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
G25-001
Project
Grad Property
Commodity
tellurium
Ticker
RAK

Geometry

Grade
20.5
Grade Unit
ppm
Intercept
0.5 m
From
199.5 m
To
200 m
Hole Depth
208.79 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-001:199.50-200.00
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
88 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This tellurium intercept is noted as a pathfinder element supporting the RIRGS model, providing geological context for the maiden drill program, with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off
  • RIRGS model confirmed by pathfinder elements

Evidence · table

“20.5”

Context: 0.50

G25-001Grad Property · goldGrade: 1.27Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
G25-001
Project
Grad Property
Commodity
gold
Ticker
RAK

Geometry

Grade
1.27
Grade Unit
g/t
Intercept
1.5 m
From
50.5 m
To
52 m
Hole Depth
208.79 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-001:50.50-52.00
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
88 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This gold intercept of 1.27 g/t over 1.5m is considered low in the context of the company's overall disappointing results and significantly below peer averages, despite being from a maiden drill program with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off

Negative factors

  • Low gold grades reported
  • Below peer average grades
  • Apparent width only

Evidence · table

“1.27”

Context: 1.50

G25-001Grad Property · bismuthGrade: 1650Grade Unit: ppmIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
G25-001
Project
Grad Property
Commodity
bismuth
Ticker
RAK

Geometry

Grade
1650
Grade Unit
ppm
Intercept
1.5 m
From
50.5 m
To
52 m
Hole Depth
208.79 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-001:50.50-52.00
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
88 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This bismuth intercept is noted as a pathfinder element supporting the RIRGS model, providing geological context for the maiden drill program, with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off
  • RIRGS model confirmed by pathfinder elements

Evidence · table

“1650”

Context: 1.50

G25-001Grad Property · telluriumGrade: 118.5Grade Unit: ppmIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
G25-001
Project
Grad Property
Commodity
tellurium
Ticker
RAK

Geometry

Grade
118.5
Grade Unit
ppm
Intercept
1.5 m
From
50.5 m
To
52 m
Hole Depth
208.79 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-001:50.50-52.00
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
88 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This tellurium intercept is noted as a pathfinder element supporting the RIRGS model, providing geological context for the maiden drill program, with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off
  • RIRGS model confirmed by pathfinder elements

Evidence · table

“118.5”

Context: 1.50

G25-002Grad Property · goldGrade: 0.82Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
G25-002
Project
Grad Property
Commodity
gold
Ticker
RAK

Geometry

Grade
0.82
Grade Unit
g/t
Intercept
1.5 m
From
89.5 m
To
91 m
Hole Depth
336.7 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-002:89.50-91.00
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
78 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This gold intercept of 0.82 g/t over 1.5m is considered low in the context of the company's overall disappointing results and significantly below peer averages, despite being from a maiden drill program with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off

Negative factors

  • Low gold grades reported
  • Below peer average grades
  • Apparent width only

Evidence · table

“0.82”

Context: 1.50

G25-002Grad Property · bismuthGrade: 363Grade Unit: ppmIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
G25-002
Project
Grad Property
Commodity
bismuth
Ticker
RAK

Geometry

Grade
363
Grade Unit
ppm
Intercept
1.5 m
From
89.5 m
To
91 m
Hole Depth
336.7 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-002:89.50-91.00
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
78 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This bismuth intercept is noted as a pathfinder element supporting the RIRGS model, providing geological context for the maiden drill program, with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off
  • RIRGS model confirmed by pathfinder elements

Evidence · table

“363”

Context: 1.50

G25-002Grad Property · telluriumGrade: 19.3Grade Unit: ppmIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
G25-002
Project
Grad Property
Commodity
tellurium
Ticker
RAK

Geometry

Grade
19.3
Grade Unit
ppm
Intercept
1.5 m
From
89.5 m
To
91 m
Hole Depth
336.7 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-002:89.50-91.00
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
78 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This tellurium intercept is noted as a pathfinder element supporting the RIRGS model, providing geological context for the maiden drill program, with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off
  • RIRGS model confirmed by pathfinder elements

Evidence · table

“19.3”

Context: 1.50

G25-002Grad Property · goldGrade: 1.31Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
G25-002
Project
Grad Property
Commodity
gold
Ticker
RAK

Geometry

Grade
1.31
Grade Unit
g/t
Intercept
1.5 m
From
129.5 m
To
131 m
Hole Depth
336.7 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-002:129.50-131.00
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
78 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This gold intercept of 1.31 g/t over 1.5m is considered low in the context of the company's overall disappointing results and significantly below peer averages, despite being from a maiden drill program with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off

Negative factors

  • Low gold grades reported
  • Below peer average grades
  • Apparent width only

Evidence · table

“1.31”

Context: 1.50

G25-002Grad Property · bismuthGrade: 291Grade Unit: ppmIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
G25-002
Project
Grad Property
Commodity
bismuth
Ticker
RAK

Geometry

Grade
291
Grade Unit
ppm
Intercept
1.5 m
From
129.5 m
To
131 m
Hole Depth
336.7 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-002:129.50-131.00
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
78 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This bismuth intercept is noted as a pathfinder element supporting the RIRGS model, providing geological context for the maiden drill program, with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off
  • RIRGS model confirmed by pathfinder elements

Evidence · table

“291”

Context: 1.50

G25-002Grad Property · telluriumGrade: 17.7Grade Unit: ppmIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
G25-002
Project
Grad Property
Commodity
tellurium
Ticker
RAK

Geometry

Grade
17.7
Grade Unit
ppm
Intercept
1.5 m
From
129.5 m
To
131 m
Hole Depth
336.7 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-002:129.50-131.00
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
78 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This tellurium intercept is noted as a pathfinder element supporting the RIRGS model, providing geological context for the maiden drill program, with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off
  • RIRGS model confirmed by pathfinder elements

Evidence · table

“17.7”

Context: 1.50

G25-002Grad Property · goldGrade: 0.93Grade Unit: g/tIntercept: 1.36 mView all details
Link to this fact

Identity

Hole ID
G25-002
Project
Grad Property
Commodity
gold
Ticker
RAK

Geometry

Grade
0.93
Grade Unit
g/t
Intercept
1.36 m
From
21.64 m
To
23 m
Hole Depth
336.7 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-002:21.64-23.00
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
78 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This gold intercept of 0.93 g/t over 1.36m is considered low in the context of the company's overall disappointing results and significantly below peer averages, despite being from a maiden drill program with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off

Negative factors

  • Low gold grades reported
  • Below peer average grades
  • Apparent width only

Evidence · table

“0.93”

Context: 1.36

G25-002Grad Property · bismuthGrade: 386Grade Unit: ppmIntercept: 1.36 mView all details
Link to this fact

Identity

Hole ID
G25-002
Project
Grad Property
Commodity
bismuth
Ticker
RAK

Geometry

Grade
386
Grade Unit
ppm
Intercept
1.36 m
From
21.64 m
To
23 m
Hole Depth
336.7 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-002:21.64-23.00
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
78 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This bismuth intercept is noted as a pathfinder element supporting the RIRGS model, providing geological context for the maiden drill program, with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off
  • RIRGS model confirmed by pathfinder elements

Evidence · table

“386”

Context: 1.36

G25-002Grad Property · telluriumGrade: 21.2Grade Unit: ppmIntercept: 1.36 mView all details
Link to this fact

Identity

Hole ID
G25-002
Project
Grad Property
Commodity
tellurium
Ticker
RAK

Geometry

Grade
21.2
Grade Unit
ppm
Intercept
1.36 m
From
21.64 m
To
23 m
Hole Depth
336.7 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-002:21.64-23.00
Mining Method
unknown

Location

Easting
517697
Northing
6959397
Elevation
1805 m
Azimuth
78 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This tellurium intercept is noted as a pathfinder element supporting the RIRGS model, providing geological context for the maiden drill program, with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off
  • RIRGS model confirmed by pathfinder elements

Evidence · table

“21.2”

Context: 1.36

G25-003Grad Property · goldGrade: 1.16Grade Unit: g/tIntercept: 4.75 mView all details
Link to this fact

Identity

Hole ID
G25-003
Project
Grad Property
Commodity
gold
Ticker
RAK

Geometry

Grade
1.16
Grade Unit
g/t
Intercept
4.75 m
From
89.25 m
To
94 m
Hole Depth
425.2 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-003:89.25-94.00
Mining Method
unknown

Location

Easting
517712
Northing
6959342
Elevation
1781 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This gold intercept of 1.16 g/t over 4.75m is the best reported from the initial holes of the maiden drill program, but still considered low by the company and significantly below peer averages, despite robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off

Negative factors

  • Low gold grades reported
  • Below peer average grades
  • Apparent width only

Evidence · table

“1.16”

Context: 4.75

G25-003Grad Property · bismuthGrade: 647Grade Unit: ppmIntercept: 4.75 mView all details
Link to this fact

Identity

Hole ID
G25-003
Project
Grad Property
Commodity
bismuth
Ticker
RAK

Geometry

Grade
647
Grade Unit
ppm
Intercept
4.75 m
From
89.25 m
To
94 m
Hole Depth
425.2 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-003:89.25-94.00
Mining Method
unknown

Location

Easting
517712
Northing
6959342
Elevation
1781 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This bismuth intercept is noted as a pathfinder element supporting the RIRGS model, providing geological context for the maiden drill program, with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off
  • RIRGS model confirmed by pathfinder elements

Evidence · table

“647”

Context: 4.75

G25-003Grad Property · telluriumGrade: 37.5Grade Unit: ppmIntercept: 4.75 mView all details
Link to this fact

Identity

Hole ID
G25-003
Project
Grad Property
Commodity
tellurium
Ticker
RAK

Geometry

Grade
37.5
Grade Unit
ppm
Intercept
4.75 m
From
89.25 m
To
94 m
Hole Depth
425.2 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-003:89.25-94.00
Mining Method
unknown

Location

Easting
517712
Northing
6959342
Elevation
1781 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This tellurium intercept is noted as a pathfinder element supporting the RIRGS model, providing geological context for the maiden drill program, with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off
  • RIRGS model confirmed by pathfinder elements

Evidence · table

“37.5”

Context: 4.75

G25-003Grad Property · goldGrade: 1.03Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
G25-003
Project
Grad Property
Commodity
gold
Ticker
RAK

Geometry

Grade
1.03
Grade Unit
g/t
Intercept
1.4 m
From
125.2 m
To
126.6 m
Hole Depth
425.2 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-003:125.20-126.60
Mining Method
unknown

Location

Easting
517712
Northing
6959342
Elevation
1781 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This gold intercept of 1.03 g/t over 1.4m is considered low in the context of the company's overall disappointing results and significantly below peer averages, despite being from a maiden drill program with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off

Negative factors

  • Low gold grades reported
  • Below peer average grades
  • Apparent width only

Evidence · table

“1.03”

Context: 1.40

G25-003Grad Property · bismuthGrade: 1225Grade Unit: ppmIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
G25-003
Project
Grad Property
Commodity
bismuth
Ticker
RAK

Geometry

Grade
1225
Grade Unit
ppm
Intercept
1.4 m
From
125.2 m
To
126.6 m
Hole Depth
425.2 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-003:125.20-126.60
Mining Method
unknown

Location

Easting
517712
Northing
6959342
Elevation
1781 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This bismuth intercept is noted as a pathfinder element supporting the RIRGS model, providing geological context for the maiden drill program, with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off
  • RIRGS model confirmed by pathfinder elements

Evidence · table

“1225”

Context: 1.40

G25-003Grad Property · telluriumGrade: 53.1Grade Unit: ppmIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
G25-003
Project
Grad Property
Commodity
tellurium
Ticker
RAK

Geometry

Grade
53.1
Grade Unit
ppm
Intercept
1.4 m
From
125.2 m
To
126.6 m
Hole Depth
425.2 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
G25-003:125.20-126.60
Mining Method
unknown

Location

Easting
517712
Northing
6959342
Elevation
1781 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates, check_assays

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-06T00:00:00.000Z

Reasoning: This tellurium intercept is noted as a pathfinder element supporting the RIRGS model, providing geological context for the maiden drill program, with robust QA/QC.

Positive factors

  • Maiden drill program on property
  • Detailed QA/QC disclosure
  • QP/CP signed off
  • RIRGS model confirmed by pathfinder elements

Evidence · table

“53.1”

Context: 1.40

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.