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Ragnar Reports First Uranium Exploration Results

Ragnar Metals reported results from reconnaissance sampling at three recently granted uranium projects in Sweden. Two of the projects target the Alum shales adjacent to the Viken and Häggån deposits while the Flugen project is located in southern Sweden, targeting more conventional type, higher-grade uranium mineralization. Reconnaissance mapping and sampling at the Flugen project returned uranium assays as high as 0.12% U3O8 in a biotite-rich meta-sedimentary rock, whereas fieldwork in the Viken area was successful in identifying the Alum shales in a previously unknown area, returning up to 0.54% V2O5 and 48ppm U3O8.

 

Left: Uranium mineralized meta-sandstone from the Flugen prospect returning 0.12% U308, Right: electron microscope image indicating uraninite and yet unknown uranium-titanium minerals (Source: www.ragnarmetals.com.au)