InvestSMART

Ragnar Metals Limited (ASX:RAG)

ALERT: Price-sensitive ASX Announcement for RAG
Current share price for RAG : $0.024 0.005 (26.32%)+
Announcement
Release
31 Jul 2026 1:14PM
Price at Release
$0.019
Full Release
download
Summary
Ragnar Metals Limited's Quarterly Activities Report for the period ending 30 June 2026 outlines the progression of its exploration efforts at the Harnäs Gold Project in Sweden. The company commenced its maiden diamond drilling program, marking a milestone in evaluating the site's gold potential. The program, consisting of up to 12 drill holes over approximately 1,200 meters, aims to test known mineralized zones' extensions and validate geological models. The report also highlights strategic investments in Kaiser Reef and High-Tech Metals, enhancing Ragnar's portfolio diversification. Furthermore, ongoing work includes a high-resolution UAV magnetic survey and planned downhole IP surveys to refine mineralization targets and guide future drilling programs.
Key Points
  • Maiden diamond drilling program commenced at Harnäs Gold Project in Sweden.
  • Phase 1 program includes up to 12 diamond drill holes targeting high-priority zones.
  • Drilling aims to test down-dip and along-strike extensions of mineralization.
  • Strategic investments in Kaiser Reef and High-Tech Metals continue.
  • High-resolution UAV magnetic survey completed to improve geological understanding.
  • Planned downhole IP surveys to identify additional sulphide mineralization.
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.