CORPORATE PRESENTATION April 2016 TSX-V: RAK - PowerPoint PPT Presentation

CORPORATE PRESENTATION April 2016 TSX-V: RAK www.racklametals.com

Forward-looking Statements CAUTIONARY NOTES This presentation may contain forward-looking statements including, but not limited to, comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, and other related matters. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Rackla Metals Inc. projects in Canada are at an early stage and all estimates and projections are based on limited, and possibly incomplete, data. More work is required before the mineralization and the Projects’ economic aspects can be confidently modeled. Actual results may differ materially from those currently anticipated in this presentation. No representation or prediction is intended as to the results of future work, nor can there be any promise that the estimates and projections herein will be sustained in future work or that the Project will otherwise prove to be economic. Qualified Person: Under the terms of NI43-101, Roger Hulstein, B.Sc., P.Geo. is Rackla‘s Qualified Person. Mr. Hulstein has a B.Sc.degree in geology from Saint Mary’s University; 25 years of exploration and mining industry experience and works mainly in Yukon, Alaska and Nevada. To date his career has included 7 years with Kennecott Canada Inc., one of the world's largest mining companies, as a project geologist on gold programs and as a principle in Aurum Geological Consultants Inc. for 7 years on a variety of exploration projects. Intrusion-related precious metal mineral deposits in North America are his primary focus. Mr. Hulstein is a member of the Association of Professional Engineers and Geoscientists of British Columbia, and a "Qualified Person" in accordance with National Instrument 43-101. 2 TSX-V: RAK www.racklametals.com 2

Rackla Metals  Experienced team of geologists and prospectors, led by Simon Ridgway  Rackla regularly reviews 3 rd party project submittals  Focused on early stage exploration, target generation & staking  Extensive land holdings in key Yukon belts, covering strong gold anomalies  Radius Gold owns 19.7% of Rackla  Rackla’s Yukon projects are available for joint venture TSX-V: RAK www.racklametals.com 3

Corporate Objective Discover a world-class mineral deposit in the Americas S TRATEGY  In house target generation, reconnaissance work & staking  Reviewing project submittals  Early joint venture decisions, retain 30-40% of key JV projects  Keep costs low, avoid major drill programs unless value proposition is totally clear TSX-V: RAK www.racklametals.com 4

Yukon Property Portfolio  Rackla assembled a portfolio of promising gold and base metals projects in Yukon  Rackla has carried out its own work on some of the properties, while some were joint ventured to third parties  All of the projects are currently available for joint venture, with claims in good standing TSX-V: RAK www.racklametals.com 5

The Rackla Belt Western end of Rackla Belt is known as the Nadaleen Trend Eastern end is known as the Rau Trend Face The Rackla Gold Belt Trace of Dawson thrust Scarlet E & W projects See next page Source: http://www.emr.gov.yk.ca/mining/pdf/Yukon_Exploration_Projects_December_2011_13X17.pdf TSX-V: RAK www.racklametals.com 6

Rackla’s Claims in the Nadaleen Trend Scarlet West Scarlet East Atac – Rackla gold project Strategic Metals – Midas Touch project Scarlet West MVT (Pb – Zn) and Carlin type deposit potential Scarlet West in carbonates Scarlet East 513 claims Sed’t hosted, Carlin type gold associated with As & Tl anomalies. Carlin-type discoveries by Atac Scarlet East >18km long, 230 claims Typical Carlin-type geochemical association with arsenic, thallium, mercury and antimony  General Sub-micron gold in both sulphides and oxides  characteristics of Regional scale association with continental margin rocks and deep-seated structures  sediment hosted Hosted by Paleozoic carbonate rocks, locally gritty  gold systems in Local association with the hinges of fold structures  the Rackla Belt Multiple deposits: a district-scale play  TSX-V: RAK www.racklametals.com 7

Scarlet East On strike from ATAC’s Osiris Project 230 claims in the Rackla Belt area, Yukon in good standing until 2023  Optioned by Strategic Metals Ltd. in 2012.  In 2013, Strategic carried out prospecting and mapping along with geochemical soil sampling (517 samples).  Geochemical results identified an irregularly shaped, Trend of anomalous approximately north-north-westerly trending gold-arsenic- Au-As-Hg-Sb-Tl mercury-antimony in soil anomaly over an area of about 2,000 by in soils & rocks 700 metres in the eastern part of the property.  Additional work is recommended by Archer, Cathro & Associates (1981) Limited, who carried out the work for Strategic, consisting of remote sensing studies, detailed geological mapping and prospecting, hand trenching and diamond drilling.  October 5, 2014, Strategic terminated the option agreement. TSX-V: RAK www.racklametals.com 8

Scarlet East As and Au soil geochemistry See detailed Arsenic in soils Gold in soils maps below 2012 Strategic Metals drill holes, 5 diamond drill holes (total 1167 m), no significant gold values reported TSX-V: RAK www.racklametals.com 9

Scarlet West 513 claims in the Rackla Belt area, Yukon in good standing until 2017 Scarlet West MVT and Carlin type deposit potential in carbonates Scarlet West 513 claims Carlin-type discoveries by Atac  Structurally controlled Zn-Pb-Ag-Au-As-Hg-Tl anomalies in carbonates: MVT and Carlin deposit potential  Soil sampling & prospecting program completed in 2012 outlined 6 main anomalies TSX-V: RAK www.racklametals.com 10 10

Scarlet West: Soil Anomalies (Zn) Geology Puddle White Ridge Larry Samantha Chopper Pad Discovery TSX-V: RAK www.racklametals.com 11

Scarlet West: Soil Anomalies (Au) 3,542 soil samples: stats Element Max Comments Puddle 125 samples > Hg 50 ppm White Ridge 0.5ppm 36 samples > Tl 74.5 ppm 5ppm 31 samples > As 2064.2ppm 100ppm Larry 351 samples > Zn 4.66 % 500ppm 5 samples > Samantha Pb 1.62 % 500ppm 101 samples > Ag 5 ppm 0.5ppm Chopper Pad Discovery TSX-V: RAK www.racklametals.com 12

Scarlet West  Geochemical results from rock and soil samples taken during 2011 and 2012 returned significant anomalies for zinc from the southeast side of the property over all the above zones.  A 4km linear zinc in soil anomaly was delineated and includes both the Chopper Pad and Discovery Zone.  Soil lines were sampled spaced at 200m. Coincident lead in soil anomalies range from 500 ppm to >1,000 ppm and several highly leached and oxidized rock samples from the replaced carbonate mineralized horizon contained >2% zinc.  The White Ridge Zone, located on the northeast side of the property, has a gold in soil anomaly (>5 – 39 ppb) with scattered anomalous thallium values (>2 ppm) that was traced for 2 km to the east. Anomalous mercury values (>1,864 ppb) are restricted to the immediate area of the original carbonate hosted White Ridge Zone over an east-west strike length of one kilometre.  Expanded soil sample coverage over the Puddle Zone, located 1km north of the White Ridge Zone identified a coincident arsenic (>63 ppm), antimony (>8 ppm) anomaly, with sporadic anomalies for mercury (>911 ppb), arsenic (>62 ppm), silver (>563 ppb), lead (>106) and zinc (>1,110 ppm). This soil anomaly extends over a 1km east-west strike length, extends 500 m north-south, and is open to the west. TSX-V: RAK www.racklametals.com 13

The Sixty Mile District 638 claims (12,958 hectares) in the Sixty Mile camp, in good standing until 2016 or later Sixty Mile District Intrusive-hosted & related Cu-Mo (porphyry) and Au mineralisation  Cover portions of the headwaters of the Sixty Mile gold camp  Sixty Mile placer district has produced over 500k Oz Au from placers since 1892, active placer mining area  No exploration work is currently planned Source: http://www.emr.gov.yk.ca/mining/pdf/Yukon_Exploration_Projects_December_2011_13X17.pdf TSX-V: RAK www.racklametals.com 14

Sixty Mile Geological Setting Figures from University of British Columbia, Mineral Deposit Unit, Yukon Gold Project Final Report, 2012 TSX-V: RAK www.racklametals.com 15