Nidhogg Resources, a commodities company, announces that ground-based magnetic measurements at Tuna-Hästberg in Borlänge show a clear and continuous magnetic anomaly across large parts of the area.The structure extends over more than 1,500 meters with a width varying between approximately 30 and 600 meters within the license area and coincides with historical mining areas, strengthening the picture of a continuing iron-bearing zone. Previous data from SGU indicate grades of 30 to 40 percent iron and 4 to 5 percent manganese."The results are very promising. We have identified a large and continuous magnetic structure that is stronger than at Vintjärn-Kölen and clearly coincides with historically mined areas. This gives us a solid foundation to proceed with more detailed sampling and the planning of a drilling campaign to better understand the extent and character of the mineralization," says CEO Niclas Biörnstad.The next step will be to collect and analyze samples from residual material, carry out a drilling program to confirm the ore body’s geometry, extent and grade, and complete a test mining plan. In addition, the company will continue the permitting process and consultation procedure with authorities and affected stakeholders.