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Ragnar Metals Limited (ASX:RAG)

ALERT: Price-sensitive ASX Announcement for RAG
Current share price for RAG : $0.021 -0.007 (-25%)+
Announcement
Release
20 Mar 2026 8:19AM
Price at Release
$0.028
Full Release
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Summary
Ragnar Metals Limited has announced significant results from pit sampling at the Harnäs Project in Sweden, confirming extensions of high-grade gold mineralisation in the area. Recent channel and rock sampling within the historic pit have yielded high-grade results, including 3m at 3.3 g/t Au and rock samples grading up to 36.6 g/t Au. These findings suggest strong potential for further mineralisation, especially towards the southeastern edge of the pit, and reinforce the company's confidence in the project's district-scale potential. With all necessary regulatory approvals in place, Ragnar is set to commence its maiden diamond drilling program to systematically explore these extensions. The company aims to rapidly advance the Harnäs Project through detailed exploration and drilling, having already identified several promising induced polarisation anomalies for further investigation.
Key Points
  • Pit sampling confirms high-grade gold extensions at Harnäs.
  • Channel sampling results include 3m at 3.3 g/t Au.
  • Rock samples reveal up to 36.6 g/t Au.
  • Mineralisation remains open to the east.
  • All regulatory approvals for drilling are secured.
  • Maiden diamond drilling program to commence shortly.
  • Potential for district-scale development at the Harnäs Project.
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.