Ragnar Metals provided an update for its Olserum North Rare Earth project. Following the previous identification of high-grade heavy REE mineralization at Olserum North, the company reviewed airborne magnetic data to explore for additional prospects in the area. The review resulted in the definition of magnetic anomalies over 17km, leading the company to secure the exploration rights in this area.
In the next step, the company plans to conduct a gravity survey over 2.8km of the heavy REE mineralized trend, followed by a detailed drone magnetic survey in early 2024.
Olserum tenement situation together with interpreted magnetic trends (Source: www.ragnarmetals.com.au)
