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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 Oct 10, 2021 10:12am
213 Views
Post# 33993144

From Da Udder Board LOL.

From Da Udder Board LOL. Interesting read and yup only 6 holes but our Nickel % is better . Read on . Each year some 130 million tonnes of minerals are produced in Sweden, having a total value of about SEK 40 billion. Iron production accounts for the greatest economic value, with the base metals copper, lead and zinc as a good second, closely followed by crushed bedrock. Iron drops to second place by volume. Hopefully nickel too with the potential of $gug! Rnnbcken is a planned mining project in the north of Sweden in Storuman Municipality, Vsterbotten County. It is regarded as one of the largest nickel reserves in Sweden having estimated reserves of 340 million tonnes of ore grading 0.18% nickel. Very close by to $gug.
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