Rackla Metals Inc. announced that the Company has completed 1,687 m of diamond drilling in 10 holes at the Company's Astro project, as of August 8th. The 3,000 m drill program is focussed on targeting a Reduced Intrusion-related Gold System (RIRGS) in the intrusive bodies at the Astro plutonic complex. To date, drill core samples from the first 8 holes have been sent to ALS Global in Whitehorse, Yukon for analysis.

The drill results are expected in the coming weeks. The Astro intrusive complex includes the Astro, HIT and SER properties, and covers approximately 22,500 Ha located in the Tombstone Gold Belt that extends across the Yukon and Northwest Territories border. The drill program to date has focused on the Radio-UV targets where previous operators identified a strong gold anomaly in talus and soil samples across a broad valley underlain by a Tombstone suite intrusive stock.

Broad spaced drilling across the valley has identified sheeted quartz veining with minor amounts of sulphide minerals in the intrusive. In many instances, there is a significant alteration halo containing disseminated sulphide minerals bordering the veins as is evident in the photo below. Follow-up drilling will continue upon receipt of results.

The Company has also completed airborne geophysical surveys on a number of the company's properties. The surveys were conducted by Precision GeoSurveys Inc., utilizing their triple boom, gradient magnetic, radiometric and VLF-EM system. On the Astro, HIT and SER property the Company expanded on a previously flown airborne magnetic survey to cover the western portion of the Astro and capture the HIT and SER mapped intrusive bodies.

This survey further defined the extent and geophysical contrast within the Astro plutonic complex and identified a number of potential buried or unmapped intrusive centres associated with strong gold in stream anomalies. On the HIT property, the survey has defined the intrusion to be a magnetic low and the hornfelsed country rock to be magnetic highs surrounding and overlying the intrusion. The intrusion measures 2 km in diameter and has been only slightly unroofed leaving much of the cupola intact.

The Company has digitized historic work by previous operators and identified very significant gold anomalies from rock samples collected along the exposed margins of the intrusion. The Company is following up on these anomalous areas with plans to define drill targets this season. On the Excite property, located immediately west of Snowline Gold's Rogue property, the magnetic survey returned the characteristic response of an RIRGS intrusion: a magnetic low with surrounding magnetic highs.

The low might represent the centre of a buried intrusion, while the high would be a typical response of hornfelsed sedimentary or volcanic rocks.