Ragnar Metals (ASX: $RAG) Assay Results and 3D Inversion Announcement

Ragnar Metals Limited (ASX: $RAG) has released positive assay results for the surface channel sampling program at its Flaken prospect and a 3D Magnetic Inversion at its Olserum North Heavy Rare Earth Project in Southern Sweden. The surface channel sampling program revealed mineralised outcrop exposures with high total rare earth oxide (TREO) grades, indicating significant potential for heavy rare earth mineralisation. The 3D inversion of the magnetic data further supports the continuity and depth potential of the project.

Executive Commentary on Assay Results and 3D Inversion

These channel samples support the potential for significant widths for the high value heavy rare earth mineralisation. More importantly, the 3D inversion supports good continuity and significant depth potential, further confirming the scale potential of the project. We look forward to the next phase of exploration work at Olserum North this summer.

Summary of Ragnar Metals Announcement

Ragnar Metals' assay results from the surface channel sampling program and the 3D Magnetic Inversion at Olserum North project in Sweden have provided strong indications of significant heavy rare earth mineralisation potential. The results show high-grade TREO mineralisation with good continuity and depth potential, supporting the future discovery of a HREO deposit in the area. The company plans to proceed with the next phase of exploration work, including drilling to evaluate the potential for establishing thick widths and continuity of the mineralisation. The Olserum North project, strategically located near the Olserum HREE deposit, presents an opportunity for Ragnar Metals to contribute to the critical minerals sector and the global economy's growing demand for rare earth elements.