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Ragnar Metals Limited (ASX: RAU) has provided an update on its exploration progress at the Gaddebo Project in Sweden, focusing on high-priority nickel-copper targets. The company has finalized preparations for an upcoming diamond drilling program targeting the Sävträsk prospect, identified through electromagnetic (EM) surveys and historical drilling data. Previous work has indicated significant sulfide mineralization potential, and recent geophysical interpretations have refined the drill targeting. RAU aims to commence drilling in the coming weeks, with the objective of testing high-conductivity anomalies at depth to assess their nickel and copper content. The project benefits from existing infrastructure, year-round access, and a favorable mining jurisdiction. Management believes these developments represent a significant step in advancing the company’s Scandinavian asset portfolio and unlocking shareholder value through discovery-focused exploration.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.