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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc

Original source: https://money.tmx.com/en/quote/RAK/news/5707945871703075/initial-assay-results-from-the-2025-drill-program-on-the-grad-property

Publisher: tmx

Original announcement: 2025-10-06T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: -0.70 · Bearish

## Minestarters Atlas 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Positive factor: RIRGS model confirmed by pathfinder elements

- Positive factor: Pending results from more prospective holes

- Negative factor: Low gold grades reported

- Negative factor: No continuity of mineralization

- Negative factor: Disappointing initial results

- Negative factor: Below peer average grades

- Negative factor: Apparent width only

Facts used in scoring: 36

## Classification and evidence

**No Continuity**

Polarity: negative

Story-specific tag

Definition: 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 Grade**

Polarity: negative

Story-specific tag

Definition: 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 Disclosed**

Polarity: positive

Definition: 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 Signed**

Polarity: positive

Story-specific tag

Definition: 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 Only**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

Story-specific tag

Definition: 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)

### G25-001

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-0)

Grad Property · gold

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Negative factor: Low gold grades reported

- Negative factor: Below peer average grades

- Negative factor: Apparent width only

Evidence · table

> 1.72

Context: 1.05

### G25-001

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-1)

Grad Property · bismuth

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Positive factor: RIRGS model confirmed by pathfinder elements

Evidence · table

> 3510

Context: 1.05

### G25-001

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-2)

Grad Property · tellurium

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Positive factor: RIRGS model confirmed by pathfinder elements

Evidence · table

> 298.0

Context: 1.05

### G25-001

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-3)

Grad Property · gold

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Negative factor: Low gold grades reported

- Negative factor: Below peer average grades

- Negative factor: Apparent width only

Evidence · table

> 0.55

Context: 1.30

### G25-001

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-4)

Grad Property · bismuth

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Positive factor: RIRGS model confirmed by pathfinder elements

Evidence · table

> 1300

Context: 1.30

### G25-001

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-5)

Grad Property · tellurium

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Positive factor: RIRGS model confirmed by pathfinder elements

Evidence · table

> 100.5

Context: 1.30

### G25-001

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-6)

Grad Property · gold

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Negative factor: Low gold grades reported

- Negative factor: Below peer average grades

- Negative factor: Apparent width only

Evidence · table

> 0.54

Context: 0.70

### G25-001

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-7)

Grad Property · bismuth

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Positive factor: RIRGS model confirmed by pathfinder elements

Evidence · table

> 378

Context: 0.70

### G25-001

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-8)

Grad Property · tellurium

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Positive factor: RIRGS model confirmed by pathfinder elements

Evidence · table

> 30.5

Context: 0.70

### G25-001

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-9)

Grad Property · gold

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Negative factor: Low gold grades reported

- Negative factor: Below peer average grades

- Negative factor: Apparent width only

Evidence · table

> 1.00

Context: 1.50

### G25-001

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-10)

Grad Property · bismuth

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Positive factor: RIRGS model confirmed by pathfinder elements

Evidence · table

> 151

Context: 1.50

### G25-001

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-11)

Grad Property · tellurium

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Positive factor: RIRGS model confirmed by pathfinder elements

Evidence · table

> 16.0

Context: 1.50

### G25-001

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-12)

Grad Property · gold

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Negative factor: Low gold grades reported

- Negative factor: Below peer average grades

- Negative factor: Apparent width only

Evidence · table

> 0.84

Context: 1.50

### G25-001

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-13)

Grad Property · bismuth

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Positive factor: RIRGS model confirmed by pathfinder elements

Evidence · table

> 819

Context: 1.50

### G25-001

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-14)

Grad Property · tellurium

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Positive factor: RIRGS model confirmed by pathfinder elements

Evidence · table

> 33.4

Context: 1.50

### G25-001

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-15)

Grad Property · gold

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Negative factor: Low gold grades reported

- Negative factor: Below peer average grades

- Negative factor: Apparent width only

Evidence · table

> 0.52

Context: 0.50

### G25-001

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-16)

Grad Property · bismuth

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Positive factor: RIRGS model confirmed by pathfinder elements

Evidence · table

> 1435

Context: 0.50

### G25-001

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-17)

Grad Property · tellurium

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Positive factor: RIRGS model confirmed by pathfinder elements

Evidence · table

> 20.5

Context: 0.50

### G25-001

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-18)

Grad Property · gold

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Negative factor: Low gold grades reported

- Negative factor: Below peer average grades

- Negative factor: Apparent width only

Evidence · table

> 1.27

Context: 1.50

### G25-001

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-19)

Grad Property · bismuth

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Positive factor: RIRGS model confirmed by pathfinder elements

Evidence · table

> 1650

Context: 1.50

### G25-001

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-20)

Grad Property · tellurium

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Positive factor: RIRGS model confirmed by pathfinder elements

Evidence · table

> 118.5

Context: 1.50

### G25-002

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-21)

Grad Property · gold

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Negative factor: Low gold grades reported

- Negative factor: Below peer average grades

- Negative factor: Apparent width only

Evidence · table

> 0.82

Context: 1.50

### G25-002

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-22)

Grad Property · bismuth

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Positive factor: RIRGS model confirmed by pathfinder elements

Evidence · table

> 363

Context: 1.50

### G25-002

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-23)

Grad Property · tellurium

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Positive factor: RIRGS model confirmed by pathfinder elements

Evidence · table

> 19.3

Context: 1.50

### G25-002

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-24)

Grad Property · gold

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Negative factor: Low gold grades reported

- Negative factor: Below peer average grades

- Negative factor: Apparent width only

Evidence · table

> 1.31

Context: 1.50

### G25-002

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-25)

Grad Property · bismuth

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Positive factor: RIRGS model confirmed by pathfinder elements

Evidence · table

> 291

Context: 1.50

### G25-002

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-26)

Grad Property · tellurium

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Positive factor: RIRGS model confirmed by pathfinder elements

Evidence · table

> 17.7

Context: 1.50

### G25-002

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-27)

Grad Property · gold

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Negative factor: Low gold grades reported

- Negative factor: Below peer average grades

- Negative factor: Apparent width only

Evidence · table

> 0.93

Context: 1.36

### G25-002

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-28)

Grad Property · bismuth

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Positive factor: RIRGS model confirmed by pathfinder elements

Evidence · table

> 386

Context: 1.36

### G25-002

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-29)

Grad Property · tellurium

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Positive factor: RIRGS model confirmed by pathfinder elements

Evidence · table

> 21.2

Context: 1.36

### G25-003

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-30)

Grad Property · gold

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Negative factor: Low gold grades reported

- Negative factor: Below peer average grades

- Negative factor: Apparent width only

Evidence · table

> 1.16

Context: 4.75

### G25-003

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-31)

Grad Property · bismuth

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Positive factor: RIRGS model confirmed by pathfinder elements

Evidence · table

> 647

Context: 4.75

### G25-003

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-32)

Grad Property · tellurium

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Positive factor: RIRGS model confirmed by pathfinder elements

Evidence · table

> 37.5

Context: 4.75

### G25-003

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-33)

Grad Property · gold

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Negative factor: Low gold grades reported

- Negative factor: Below peer average grades

- Negative factor: Apparent width only

Evidence · table

> 1.03

Context: 1.40

### G25-003

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-34)

Grad Property · bismuth

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Positive factor: RIRGS model confirmed by pathfinder elements

Evidence · table

> 1225

Context: 1.40

### G25-003

[Link to this fact](https://atlas-staging.minestarters.com/news/initial-assay-results-from-the-2025-drill-program-on-the-grad-property--696a0c65-c81c-4f2c-9e47-02d28f5c9bbc#fact-drill-facts-35)

Grad Property · tellurium

#### 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 factor: Maiden drill program on property

- Positive factor: Detailed QA/QC disclosure

- Positive factor: QP/CP signed off

- Positive factor: 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.