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Ragnar Metals (ASX:$RAG) provides Olserum North rare earth project update

Ragnar Metals (ASX:$RAG) project update


Ragnar Metals Limited (ASX:RAG) has issued an amendment to the previous announcement regarding the Olserum North Rare Earth Project. The company is pleased to announce exploration plans for the Olserum North project following initial assay results that identified encouraging Rare Earth Elements (REE). The initial drilling program is scheduled to commence in mid-2024.

Executive commentary on Olserum North project


Recent encouraging field results support the prospectivity of the expanded Olserum North project, adjacent to the Olserum REE Deposit which has been designated a 'Project of National Interest' by the Swedish Geological Survey. The goal of the gravity survey and airborne magnetics survey is to determine potential drill targets for Ragnar to consider in 2024.

Summary of Olserum North project update


Ragnar Metals Limited has provided an update on the Olserum North Rare Earth Project, highlighting the expansion of the project area and the identification of prospective ground for exploration. The company's exploration plans include a gravity survey and an airborne magnetic survey to determine potential drill targets for 2024. The Olserum REE Deposit has been designated a 'Project of National Interest' by the Swedish Geological Survey, indicating the significance of the project. Ragnar Metals is focused on further exploration and assessment of the Olserum North project to capitalize on the identified potential rare earth mineralization.

Sourcehttps://announcements.asx.com.au/asxpdf/20231207/pdf/05y9qxsrt4ly96.pdf

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