RAG 0.00% 2.0¢ ragnar metals limited

Granmuren hole 7 was drilled almost under the prior and historic...

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    Granmuren hole 7 was drilled almost under the prior and historic shallow holes, roughly plotted in green on the gravity/magnetic bodies from a previous announcement. What jumps out at me immediately, the intrusion is open both up/down dip with current drilling only localised to the first 150m of the possible strike. If the mineralisation continues down dip similar to hole 7 then we are looking at a very large orebody.


    https://hotcopper.com.au/data/attachments/4314/4314821-2669f245226899bcd5962efe5d2930a3.jpgGranmuren also has that classic magmatic Ni-Cu-PGE shape, it appears to plunge down dip and straighten towards the bottom. Why is this important? Sulphides are heavy and will usually sink lower into the intrusion and accumulate at the low or where there are bends, it's where thicker and higher grades will occur. A couple of great examples below...

    Sakatti, Finland: 41mt @ 1.77% Cu, 0.83% Ni, 1.37g/t PGE

    https://hotcopper.com.au/data/attachments/4314/4314911-973e12ae3d13f8b4d1efc72be9a94b13.jpg

    Kabanga North, Tanzania: 41mt @ 2.81% NiEq


    https://hotcopper.com.au/data/attachments/4314/4314972-8e37d26331ff136bbebaa8647636be0b.jpg

    Nova-Bollinger, Australia: 14.3 Mt @ 2.3% Ni, 0.9% Cu, 0.08% Co

    https://hotcopper.com.au/data/attachments/4314/4314983-be0015a3457f210e8e8c26d5e4416bea.jpg
 
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