Ragnar Minerals Expands Lithium Portfolio with Orrvik Project in Sweden

Ragnar Minerals (ASX: RAG) through its subsidiary Ragnar Exploration, is set to acquire the Orrvik Lithium Project in Sweden, further expanding its lithium portfolio to 168 square kilometers. This new project includes two well-documented spodumene occurrences: Orrvik and Stenback. Both have reported impressive lithium content, with Orrvik displaying shallow drilling assays of up to 3.3% Li2O.

Despite the encouraging results from shallow drilling, these occurrences have seen limited exploration. Ragnar's acquisition of Orrvik presents an exciting opportunity to explore further in a highly prospective district. The project is strategically positioned to meet the growing demand for spodumene-bearing, LCT-pegmatite-type lithium deposits in Europe.

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