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Ragnar Metals Limited (ASX:RAG)

ALERT: Price-sensitive ASX Announcement for RAG
Current share price for RAG : $0.023 -0.006 (-20.69%)+
Announcement
Release
13 Jan 2026 9:53AM
Price at Release
$0.029
Full Release
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Summary
Ragnar Metals Limited announced the discovery of high-grade uranium mineralization at its Klockartorpet project in Sweden. Recent rock sampling and geophysical radiometric data have confirmed uranium anomalies, with samples showing significant levels of uranium, zirconium, and hafnium. The project, which is located in Västervik Municipality, indicates a 1km long uranium anomaly, with potential extensions. The company aims to conduct further sampling and develop drill targets, as the findings align with their strategy to expand their uranium portfolio following the lifting of the uranium ban in Sweden.
Key Points
  • High-grade uranium samples identified at Klockartorpet Project
  • Rock sampling shows 0.29% U3O8 in sample GH123
  • Radiometric data indicates 1km long uranium anomaly
  • Potential shear-hosted uranium mineralisation linked to alkalic magmatic processes
  • Further field sampling and mineralogy work planned
  • Project aligns with development of Ragnar's uranium portfolio
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.