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An announcement from Ragnar Metals Limited ( (AU:RAG) ) is now available.
Ragnar Metals Limited has announced significant progress in its exploration activities, particularly at the Olserum Project in southern Sweden. The company confirmed the presence of IOCG-style mineralisation across multiple prospects, leading to an expansion of its landholding to 159 km². This strategic move positions Ragnar as a key player in what could become a significant new IOCG district. Additionally, Ragnar has made a $1.2 million investment in High-Tech Metals Limited and holds a strategic shareholding in Kaiser Reef Limited, reflecting its broader focus on gold and critical minerals. These developments are expected to enhance Ragnar’s industry positioning and provide new opportunities for growth.
More about Ragnar Metals Limited
Ragnar Metals Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in identifying and developing Iron Oxide Copper Gold (IOCG) deposits, with a strategic focus on expanding its presence in southern Sweden.
Average Trading Volume: 507,695
Technical Sentiment Signal: Sell
Current Market Cap: A$9.48M
See more insights into RAG stock on TipRanks’ Stock Analysis page.