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Exploration update – Ragnar Metals

Ragnar Metals provided several updates. DHEM surveying of four recently completed diamond drill holes resulted in the modeling of four conductive plates, of which some are interpreted as off-hole anomalies. According to the company a 1800m drill program to test the anomalies is planned and firm financing commitments are received from sophisticated investors. In addition, the company published assay results from the previous drilling, where visual inspection and XRF analysis indicated a potentially significant discovery. The now published, detailed lab results could not confirm the high grades previously reported.

 

Plan view showing drill traces and modeled DHEM plates at Granmuren (Source: www.ragnarmetals.com.au)

 

Significant assay results from the Granmuren Deep drilling (Source: www.ragnarmetals.com.au)