InvestSMART

Ragnar Metals Limited (ASX:RAG)

ALERT: Price-sensitive ASX Announcement for RAG
Current share price for RAG : $0.025 -0.005 (-16.67%)+
Announcement
Release
21 Jan 2026 8:22AM
Price at Release
$0.030
Full Release
download
Summary
Ragnar Metals Limited has identified four significant exploration targets at the Harnäs Gold Project in Sweden, following reprocessing of historical Induced Polarisation (IP) data. The targets are located near the Harnäs Prospect and show promise for gold mineralisation, with anomalies in conductivity and chargeability. These targets, labeled A to D, are situated along strike from known gold-bearing structures, enhancing their prospectivity. A comprehensive follow-up exploration program is planned, including assays of unsampled historic drill holes, a high-resolution UAV magnetic survey, channel sampling, and a maiden diamond drilling program set for Q1 2026. This exploration effort aims to expand the current Harnäs deposit and unlock district-scale gold potential.
Key Points
  • Four significant exploration targets identified at Harnäs Gold Project.
  • Anomalies in conductivity and chargeability found along strike of known gold structures.
  • Follow-up exploration includes assays, UAV survey, and diamond drilling.
  • Maiden drilling program scheduled for Q1 2026 to expand the Harnäs deposit.
  • Potential for district-scale gold opportunity supported by new targets.
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.