Mr. Simon Ridgway reports

GRAD PROPERTY RETURNS 10.5M @ 2.56 G/T AU IN HOLE G25-009

Rackla Metals Inc. has released analytical results from drill holes G25-009 and G25-010 from the 2025 campaign at the Grad property. These holes tested the intrusive-sediment contact south of the BiTe showing and continued well into the intrusive south of previously announced holes G25-004 to G25-008 (see news release dated Nov. 27, 2025).

Rackla Metals reports a significant intercept of 10.5 metres grading 2.56 grams per tonne gold in hole G25-009, which included an intercept of 8.45 g/t gold over 1.5 m, the strongest result from the 2025 campaign (table 1). The gold intercepts show good correlation with bismuth and a moderate correlation with tellurium and tungsten. However, over all, the bismuth concentration in these holes is much less than was visually estimated during core logging.

The BiTe zone is located at the base of the steep cliff 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 and/or tellurides. Surface sampling in 2024 and 2025 returned high-grade gold results in chip channel and grab samples. Talus fine sampling along the base of the cliff returned 500 metres averaging over one gram per tonne of gold with coincident, anomalous bismuth and tellurium. Drilling to date has failed to return any continuity to the gold mineralization at depth nor has it returned any of the high-grade gold results returned from the surface samples.

A characteristic of reduced intrusion-related gold system 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 indicate that vein density is not the determining factor as hole G25-010 is intensely veined yet returned only weak, sporadic gold intercepts.

Trenching at the Manta showing yielded low-grade results despite high-grade grab samples. The Manta showing is located in altered sedimentary rocks at the contact with the Manta intrusive body, 1.5 kilometres south of the BiTe showing. Initial grab and one-metre chip samples from quartz-bismuthinite veins in metasomatically altered skarn zone at two locations returned five-multigram-gold results (5.73, 8.36, 11.75, 48.3 and 52.1 g/t gold). However, channel sampled trenches cut across each of these areas returned disappointing results with the best being 0.63 gram per tonne gold over one m in the northern trench and 1.41 g/t gold over one m in the southern trench.

Given the number of high-grade gold results obtained from the sampling at Grad and adjacent prospects, further work needs to be done in the region. The company is working with the data collected in the 2025 campaign to refine its model for the region and is planning a methodical approach for 2026 with the goal to unlocking the key to these gold discoveries in this very prospective region of the Tombstone gold belt.

Rackla has a co-operation and benefit agreement with the Sahtu Dene First Nation and remains committed to maintaining the respectful, collaborative relationship. As it 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, and 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 the 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 is accredited to ISO/IEC 17025:2017 and ISO9001:2015 for quality management. Core and rock samples were prepared according to the ALS Prep-31A procedure, which involved crushing to 85 per cent 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-gram 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-gram samples (ALS code: Au-GRA22). In addition, samples that returned overlimits for bismuth, tellurium, arsenic, base metals and silver were assayed by ore grade analytical methods.

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

Qualified person

Scott Casselman, BSc, PGeo, 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.

About Rackla Metals Inc.

Rackla Metals, based in Vancouver, Canada, is a junior gold exploration company. The company is targeting reduced intrusion-related gold system 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.