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Gungnir Resources Inc V.GUG

Alternate Symbol(s):  ASWRF

Gungnir Resources Inc. is a Canadian mineral exploration company with gold and base metal projects in northern Sweden. The Company’s assets include two nickel-copper-cobalt deposits, Lappvattnet and Rormyrberget, both with updated nickel resources, and the Knaften-Hemberget project, which hosts a developing intrusion-hosted gold system, VMS-style mineralization, copper-nickel targets, and disseminated felsic volcanic breccia-hosted gold boulders all of which are open for expansion and further discovery. The Lappvattnet and Rormyrberget nickel deposits are located along the Nickel Line in the eastern part of the Vasterbotten District, approximately 60 kilometers (km) and 100 km, respectively, east of the Company’s Knaften gold exploration project. The Knaften project is situated at the south end of a regional structure known as the Gold Line. Hemberget is located approximately six km north of the Knaften project within the broader Gold Line along with Knaften.


TSXV:GUG - Post by User

Bullboard Posts
Post by djgton Feb 25, 2010 10:50am
489 Views
Post# 16819104

Mid-tier in the making

Mid-tier in the makingThis is a great press release. ASW has basically developed their own camp. There will be very little for area plays as ASW has positioned themselves to cover everything. Don't kid yourself, I am sure that they have already reveiwed the historical data of many of the "small mines" that are located on the property and obviously feel that there is big potential here. If not, why would they expect to identify ".....potential mineralization" at depth at they pointed out in describing the airborne survey?

Great managment (you've got a founder of ARU on board), past producer, mining freindly district and now a strangle-hold land position. I've said it before and I'll say it again, take a look at how San God built their company. Take a look at how Goldcorp uncovered the REAL riches of Red Lake. For my investment dollars, I see enough similarities with this management, land package and strategy to have the patience required for ASW to bring Kenville back on line (a la SGR and their $3.50+ stock price) while finding tonnes of gold down deep (a la G's Red Lake).

This is the beginning of a long journey but the clues are there!

Cheers,
djgt
aka Chris Weber

P.S. Get your FREE Weber's Web newsletter....email webersweb@northwestel.net
Bullboard Posts