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Ragnar Metals Limited ( (AU:RAG) ) just unveiled an update.
Ragnar Metals reported strong progress at its Swedish Harnäs Gold Project in the March 2026 quarter, confirming high-grade gold extensions through channel and rock sampling and defining four new IP-based exploration targets along strike from the historic pit. The company has now begun a maiden diamond drilling program of up to 12 holes totalling about 1,200 metres, aimed at testing down-dip and along-strike extensions of high-grade historical intercepts and supporting future resource definition.
Planned work includes UAV magnetic surveys, downhole IP geophysics and systematic follow-up drilling to refine the geological model and expand mineralisation. Ragnar also highlighted the contribution of its strategic investments, with Kaiser Reef delivering gold and silver production and cash growth, and High-Tech Metals reporting high-grade gold results and a significant capital injection, reinforcing diversification and potential upside for shareholders.
More about Ragnar Metals Limited
Ragnar Metals Limited is an ASX-listed mineral exploration company focused on gold and uranium projects in Sweden. The company is advancing the Harnäs Gold Project and the Klockartorpet uranium discovery, while also holding strategic equity investments in established and emerging gold producers to diversify its portfolio exposure.
Average Trading Volume: 610,200
Technical Sentiment Signal: Buy
Current Market Cap: A$12.7M
Find detailed analytics on RAG stock on TipRanks’ Stock Analysis page.