Ragnar Metals Limited announced that GeoVista AB, have completed an Induced Polarization & Resistivity/Chargeability Survey (IP-R) over the Company's Swedish nickel projects at Tullsta and Gaddebo. The projects are located to the west of Sala, within in the Bergslagen District, which is situated 110km NW of the capital Stockholm. This geophysical survey successfully highlighted the mineralisation at Tullsta, which is characterized by a steeply dipping zone forming an anomaly of up to 150m wide. Within this zone there are multiple lenses and the two combined models form a continuous body that extends from surface to below the boreholes and open to the north and west. Magnetic and gravity modelling also indicates a western to north-westerly plunging body which is supported by the results of this recent geophysical survey. The geophysical fieldwork was carried out from the 29/10/2019 to 2/11/2019 by Swedish geoscientific consultants, GeoVista AB. The aim of this project was to characterise the Granmuren mineralization with Resistivity and Induced Polarization (IP) measurements. Measurements were carried out with a pole- dipole configuration, using one fixed receiver line and two transmitter lines on the surface. Electrodes were also placed in two boreholes through the nickel-copper sulphide mineralisation. The data was inverted to form 3D models. The survey successfully highlighted the mineralisation, which is characterized by a steeply dipping zone of low resistivity forming an anomaly of up to 150m wide. Within this zone there are multiple lenses of very low resistivity (<100m). The zone is strongest in the west and becomes narrower in the eastern part of the survey area. Except for the most conductive parts, the mineralized zone also exhibits anomalous chargeability (IP effect). The anomalous body appears to continue beneath the existing boreholes and is open at depth towards the west and to the north. The two combined models form a continuous body that extends from surface to below the boreholes and open to the west and to the north. A narrow gap is also seen in the centre of the anomalous volume. It should be noted that the very lowest resistivity values in the model tend to be assigned to model blocks close to electrode positions or between electrode positions. The apparent shape of the most conductive part of the mineralisation is therefore biased by the positions of the two used boreholes and survey down all or future boreholes would show a more complete model. The northern contact to the mineralisation appears to be sharp, whereas the southern contact is more diffuse. The conductive volume is thicker in the west and becomes thinner towards east. Magnetic and gravity modelling indicates a western to north-westerly plunging body which is supported by the results of this recent geophysical survey.