Mr. Simon Ridgway reports

GRAD PROPERTY DRILL HOLES G25-004 TO G25-008 ANALYTICAL RESULTS

Rackla Metals Inc. has released analytical results from drill holes G25-004 to G25-008 from the 2025 campaign at the Grad property. These holes tested the BiTe showing to the north and west of previously announced holes G25-001, 002 and 003 (see news release dated Oct. 6, 2025). The Grad property is a reduced intrusion-related gold system (RIRGS) target located in the North Nahanni Pluton in the western Northwest Territories. The 2025 drill program on the property consisted of 4,489 metres in 10 holes. Analytical results for the remaining two holes, G25-009 and G25-010, are still pending.

The 2025 program was the maiden drill program on the property and management believes it was the most logical step to evaluate the high-grade results from the 2024 surface sampling on this steep cliff face. Holes G25-004 to G25-008 returned scattered, anomalous gold values over generally narrow widths. The gold mineralization shows coincidence with bismuth, tellurium and tungsten as is typical of a RIRGS occurrence. However, company management is disappointed that the broad interval of sheeted quartz veining observed in the drill core is not well mineralized.

The BiTe zone is located at the base of the steep cliff in a figure shown in the original version of this release in the centre of the area drill tested. It has been mapped as an intensely altered quartz-sericite zone in quartz-monzonite with bismuth sulphide (tellurides?). Surface sampling in 2024 and 2025 returned high-grade gold results in chip-channel and grab samples. Talus-fine sampling along the base returned 500 metres averaging over a gram per tonne of gold with coincident, anomalous bismuth and tellurium. Drilling to date has failed to return any continuity of the gold mineralization at depth nor has it returned any of the high-grade gold observed on surface samples.

A characteristic of RIRGS deposits in the Tombstone gold belt is that vein density is typically an indication of grade. However, the results observed to date from the drilling at the Grad property are indicating that vein density may not the determining factor but rather bismuth-tellurium content. The remaining two drill holes, G25-009 and G25-010, tested the sediment-intrusive contact at the southern edge of the North Nahanni Pluton.

Rackla is working in consultation with the Sahtu Dene and Metis communities, and remains committed to maintaining the respectful, collaborative relationships the company has built with the Sahtu. As the company advances exploration at its properties, it will continue working closely with local stakeholders and regulatory agencies to ensure its activities create long-term value and reflect community priorities.

Sampling methodology

For the 2025 program drilling was NTW-sized core. Once the core was received at the core logging facility it was systematically logged for geological attributes, photographed and marked for sampling by the geological staff. Sample lengths were generally 1.5 metres or less depending on the need to isolate features of interest. Core sampling was accomplished by cutting in half lengthwise along a predetermined line, with one-half to be sent to the lab and one-half stored as a record. Field duplicates were collected at regular intervals as one-fourth core samples by splitting the one-half core to be sent to the lab, leaving a consistent record of half core material from duplicate and non-duplicate samples alike. Standard reference materials were inserted by Rackla personnel at regular intervals into the sample stream. The samples were delivered by expeditor to ALS Canada Ltd. preparatory facility in Whitehorse, Yukon. Sample preparation was completed at either the Whitehorse facility or redirected by ALS to its Langley, B.C., facility, depending on workloads, with final analyses completed at the ALS laboratory in North Vancouver.

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 greater than 70 per cent passing below two millimetres and split using a riffle splitter. Two hundred fifty g splits were pulverized to greater than 85 per cent passing below 75 micrometres. 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 analyzed 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 the company assayed by ore grade analytical methods.

For the purposes of this release, contiguous mineralized intervals at are defined as runs of mineralization greater than 0.3 g/t Au.

Qualified person

Scott Casselman, BSc, PGeo, vice-president of 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.

About Rackla Metals Inc.

Rackla Metals is a Vancouver, Canada-based, junior gold exploration company. The company is targeting reduced intrusion-related gold systems (RIRGS) mineralization on the southeastern part of the Tombstone gold belt in eastern Yukon and western Northwest Territories. Management believes that this area, which is underexplored for RIRGS deposit types, has the potential to be the next frontier for the discovery of these large gold systems.

We seek Safe Harbor.