• Maiden diamond drilling program commenced at Harnas Gold Project
• Phase 1 program targets high-priority zones defined from recent surveys
• Historical high-grade intercepts remain open at depth
• Supporting geophysics and geochemistry work also underway
• Strategic investments in Kaiser Reef and High-Tech Metals

Ragnar Metals Limited has initiated its maiden diamond drilling program at the Harnas Gold Project in Sweden, marking a significant advancement in exploring the gold potential of the project. The Phase 1 drill program, consisting of up to 12 holes totaling approximately 1,200 meters, is designed to test down-dip and along-strike extensions of known mineralized zones, assess the orientation of interpreted high-grade shoots, and validate priority targets generated from recent geophysical, channel sampling, and surface geochemistry work. Historical high-grade intercepts remain open at depth, including 19.5m @ 7.8 g/t Au from 51.5m, and 12m @ 6.1 g/t Au from 32.65m. The company also completed a high-resolution UAV magnetic survey and plans to conduct downhole IP surveys to identify additional sulphide mineralization. Ragnar's strategic investments in Kaiser Reef and High-Tech Metals also reported positive updates during the quarter.