Ragnar Metals (ASX:RAG) reported results from its Klockartorpet Project in Sweden, with recent rock-chip sampling and geophysical analysis confirming high-grade uranium mineralisation at surface.
Highlight assays include 0.29% U₃O₈ from sample GH123, 0.15% U₃O₈ from GH125, and 0.12% U₃O₈ from OLSGS012, all associated with sheared, hematite-altered rock over a 150-metre strike.
Reprocessed radiometric data suggest the uranium-bearing shear zone may extend up to 1 km, with at least four additional uranium anomalies yet to be field-checked.
The mineralisation is accompanied by elevated zirconium and hafnium, potentially indicating shear-hosted uranium related to alkalic magmatic processes, with further mineralogical studies underway.
Ragnar plans additional sampling to refine high-quality shallow drill targets.
Executive Director Eddie King noted that the results underscore the prospectivity of the company’s uranium portfolio, particularly following the recent lifting of Sweden's uranium ban, and complement the upcoming maiden drill program at Ragnar's Harnäs Gold Project.
At the time of reporting, Ragnar Metals' share price was $0.030.