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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

Post by Goldy63on Sep 30, 2021 11:38am
81 Views
Post# 33945936

And On Avg We Have Better Stuff With 12 More Holes Coming

And On Avg We Have Better Stuff With 12 More Holes Coming
Subject: 80 Cents To 4 Bucks Comparison GUG
The Power Of Nickel . 80 Cents to 4$ in one shot . Info
NICKEL: This valuable metal doesn’t usually occur in nature as a bulk tonnage target since most bulk tonnage mines contain 100 million tons of ore or more, and most hard rock nickel deposits are less than 10 million tons in size. Therefore, anything over 20 meters in thickness (significantly less thickness than other commodities) and 2% nickel grade or better would be reasonably considered high-grade. Example: In September 2007, Noront Resources released two nickel intercepts from shallow drilling between 80 meters and 150 meters deep, with a section of 71 meters grading 1.8% nickel and 1.5% copper. The stock moved from $0.80 to $4.00

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