RAK Rackla Metals Inc

Mr. Simon Ridgway, the President of Rackla Metals Inc. (TSX VENTURE:RAK), is
pleased to announce that the Company has optioned the King Solomon's Dome
("KSD") property from Kestrel Gold Inc. ("Kestrel") and has begun a short drill
program at the property.


The project is drill ready, road accessible, and located in the heart of the
Klondike goldfields, roughly 30 km southeast of Dawson City in the Yukon
Territory. 


KSD is the highest topographical point in the historic Klondike placer gold
district. Dominion, Sulphur and Gold Bottom Creeks drain away from KSD and were
some of the richest placer gold creeks in the Klondike with historic production
believed to exceed 3.5M oz of gold(i).


The property is underlain by chlorite schist of the Carboniferous to Permian
Klondike Schist with a relatively shallow dipping foliation. Kestrel's work
between 2010 and 2013 identified surface quartz veins, and a gold-in-soil
anomaly underlain by an induced polarization (IP) geophysical anomaly. Drilling
is now underway to test the IP anomaly. The property has not been drilled other
than five historic shallow reverse circulation and percussion drill holes.


Recent academic work suggests a clear link between the placer gold and the
widespread lode gold occurrences across in the vicinity of KSD: they appear to
represent a single, zoned eroded orogenic hydrothermal system. Gold grains from
the upper portions of these 3 creeks exhibit grain shapes and sizes that
indicate that the degree of gold transportation is likely to be minimal.
Importantly, the elevation of the largest IP response in the recent survey
roughly coincides with the upper limits of placer mining on most of the
surrounding creeks. 


Kestrel acquired the property from the underlying claim holders in December 2010
and carried out soil and rock sampling, IP surveys and some mechanized trenching
and geological mapping. Kestrel also applied for and received a Yukon Class 3
Mining Land Use permit. 


(i) Placer depositional settings and their ages along Dominion Creek, Klondike
area,Yukon. In: Yukon Exploration and Geology 2000, D.S. Emond and L.H. Weston
(eds.), Exploration and Geological Services Division, Yukon, Indian and Northern
Affairs Canada, p. 159-169.


Property Background

No one truly knows the amount of gold that has been extracted out of the placer
creeks in the last 116 years. The Yukon government estimates that about 20
million ounces has been removed. This large placer production was derived from a
relatively small area (less than 1500 sq km). Unlike most large gold placer
areas around the world, the 'mother-lode' source has never been found and only
around 14,000 oz of gold has ever been recovered by hard-rock mining in the
area. 


An orogenic gold geological model is proposed for the genesis of mineralization
on the property. Orogenic deposits are typically formed in fault and shear
systems in metamorphic rocks spatially associated with large-scale tectonic
structures and syntectonic plutonism.


Three main vein systems have been recognized on the KSD property: Sheba,
Mitchell and Orekon. These gold vein systems can be traced for several hundred
metres and cut through the relatively flat lying and also folded Klondike
Schists along moderately to steeply dipping fractures.


Kestrel's trenching program defined a gold bearing quartz vein system over a
strike length of over 1.7 km and at least 0.4 km wide with gold values from
trace up to 17 g/t Au and several values of silver greater than 50 g/t. Altered
pyritic-sericitic wall rocks of Klondike Schist also contain good gold values up
to several metres from the main veins. 


The main gold in soil anomaly at the KSD property is centered over the Sheba and
Mitchell vein system. It is approximately 1.6 km x 1 km (using a threshold level
of 30 ppb Au) with a corresponding zonation of silver, arsenic, lead copper and
zinc anomalies within and around the main gold bearing zone.


Kestrel's 2011 geophysical survey identified a large IP chargeability anomaly
over a distance of 1.2 km parallel to the main Sheba and Mitchell gold bearing
vein systems. Follow-up work in 2012 identified a large IP chargeability anomaly
at depths to around 350 m below the topography extending over a width of over 1
km to beyond the Orekon vein system to the east of the Dome. The anomaly is
relatively shallow dipping and may represent the potential source of the metals
that were ultimately emplaced in the NNW trending (D4) vein systems at higher
structural levels at and around KSD. This IP chargeability anomaly is Rackla's
drill target. 


The reader is referred to Kestrel's website, www.kestrelgold.com, for additional
information on the KSD property. 


Option Terms

Rackla has the option to acquire a 50% interest in the KSD property by incurring
$1.5 million in exploration expenditures on the property, and making cash
payments to Kestrel totalling $75,000, over a two-year period.


Qualified Person

Mr. David Clark, M.Sc., P.Geo. (APEGBC), a Qualified Person as defined by
National Instrument 43-101, has verified that the technical information
contained in this news release is an accurate summary of the information
provided to Rackla by Kestrel and has approved its disclosure.


About Rackla 

Rackla Metals controls a portfolio of promising gold projects across Yukon
Territory, including two extensive claim blocks in the Rackla belt - an emerging
trend of Carlin type gold systems in east-central Yukon - and the Sixty Mile
project near Dawson City. 


ON BEHALF OF THE BOARD

Simon Ridgway, President and CEO

Neither the TSX Venture Exchange nor the Investment Industry Regulatory
Organization of Canada accepts responsibility for the adequacy or accuracy of
this release.


Forward-Looking Statement

Some of the statements in this news release contain forward-looking information
that involves inherent risk and uncertainty affecting the business of the
Company. Actual results may differ materially from those currently anticipated
in such statement.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Rackla Metals Inc.
Ralph Rushton
(604) 801-5432
(604) 662-8829 (FAX)
info@goldgroup.com
www.racklametals.com

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