Ragnar Metals plans to expand the Olserum North Project after the identification of encouraging rare earth elements.
The company plans to commence the initial drilling program in mid-2024. The expansion will increase the tenement holding from 20.8km to 50.3km2.
The company plans to conduct a gravity survey over a 2.8km heavy REE mineralisation trend and detailed airborne magnetics surveys in December and February 2024, respectively.
Ragnar Metals also secured a second exploration license, which expands the footprint at Olserum North to 50km2 of highly prospective ground.