Ragnar Metals entered into an agreement to acquire the Orrvik lithium project from Pallas Metals AB. Located in Västernorrland County, Sweden, the project consists of four exploration licenses, hosting 2 known lithium pegmatite occurrences, assaying e.g. 3m @ 1.2% LiO2 and 0.2% Sn02 in historic drilling or up to 2.8% LiO2 in rock chip samples. Following a successful transaction, the company will consolidate its existing tenure in the area to a total of 168 km2 of prospective ground for lithium exploration. To define future drill targets, the company is planning additional rock chip sampling, a geochemical sampling program, a detailed drone magnetic survey, and an airborne multi-spectral survey.
Bergom & Orvvik exploration permits (Source: www.ragnarmetals.com.au)