Ragnar Metals (ASX:RAG) expands Olserum North Project following REE discovery

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.