Nidhogg Resources Holding AB (publ) (the "Company") announces that during Q2 2026, the Company will carry out a groundbased magnetic survey within the Klintberget exploration permit in Hagfors municipality as part of Nidhogg's exploration program in Värmland.
The survey is concentrated in the areas around the historic mines on Klintberget, where previous sampling has shown concentrations of 15 percent iron, 2 percent molybdenum, 1 percent copper and 100 ppm silver. SGU also reports a molybdenum content of 6 percent in the area. The work is carried out on foot with a portable magnetometer and GPS, where measuring points are taken every ten meters on east-west lines with 100 meters line distance without impact on the land, nature or private interests.
The results will form the basis for decisions on further exploration with conductive IP measurements and drilling.
"Klintberget shows documented concentrations of copper, silver and molybdenum, which makes the area geologically interesting. If the magnetic survey shows continuous anomalies connecting with the mine zones, it will strengthen our geological model and indicate structures that may be linked to a larger, continuous mineralization," says Niclas Biörnstad, CEO of Nidhogg Resources Holding AB (publ).
Contact
Niclas Biörnstad, CEO Nidhogg Resources Holding AB (publ) E-mail:niclas@nidhoggresources.com
Phone: +46 70 7299769
About Nidhogg Resources Holding AB (publ)
Nidhogg Resources Holding AB (publ),www.nidhoggresources.se, is a Swedish limited liability company with a focus on natural resources. Nidhogg was founded by individuals with a total of over 60 years of experience in the commodities market, with backgrounds ranging from exploration to exploitation as well as sales and a passion for extracting raw materials by applying innovative technology together with existing infrastructure.