Ragnar Metals reported the identification of a REE mineralized syenite at its Olserum North project in southern Sweden. The newly discovered intrusion has to date been mapped over an area of 50m by 20m and is open to the north, east, west, and at depth. Samples from the intrusion returned up to 0.6% TREO with up to 39% HREO. An adjacent shear zone further returned REE grades up to 1.7% TREO and 71% HREO. While the locally strongly REE mineralized shear zones are common for the area, this represents the first time a potentially large tonnage mineralized syenite intrusion has been identified in the region.
Rock chip samples from the syenite intrusion and adjacent shear zone (Source: www.ragnarmetals.com.au)
