Ragnar Metals' Orrvik Lithium Project Assay Results

Ragnar Metals Limited (ASX:RAG) has reported the assay results of a channel sampling program at its Orrvik lithium project in Sweden. The recent field work at Orrvik has uncovered an outcropping spodumene-bearing pegmatite, with significant widths of high-grade lithium mineralization, including a 3-meter zone at 3.11% Li2O. The results confirm Orrvik as a high-priority drill prospect targeting multiple-stacked pegmatite dykes.

Executive Director's Perspective on Orrvik Lithium Project

We are pleased to demonstrate the significant widths of high-grade spodumene-bearing pegmatites at Orrvik and we now look to confirm the potential scale of the Project as we hunt for further pegmatite swarms throughout the regional land package. The results paint an obvious drill target and we look forward to updating shareholders in due course of our plans to mobilise for Ragnar's maiden drill program at Orrvik.

Summary of Orrvik Lithium Project Assay Results

Ragnar Metals' assay results from the Orrvik lithium project in Sweden have revealed significant widths of high-grade spodumene-bearing pegmatites, indicating the potential for a substantial lithium resource. The company plans to mobilize for its maiden drill program at Orrvik to further explore the multiple-stacked pegmatite dykes. The channel sampling work has provided encouraging results, supporting the view that previous drilling was not at the optimum orientation to intersect the newly observed trend of outcropping spodumene pegmatites. The project remains a high-priority target for drilling, and the company aims to test the new interpretation with perpendicular holes drilled to the south-southeast, as well as to sufficiently test the resistivity anomalies to confirm the presence of concealed multiple stacked pegmatite bodies.