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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

Comment by SoreazzySamon Oct 16, 2021 10:19pm
67 Views
Post# 34014372

RE:RE:There is a lot of BS

RE:RE:There is a lot of BSThe nickle is there and the grades are mineable as they always were even 50 years ago when discovered.The issue is there enough material to build a mine and make a profit.One needs mass tonnage on any new project these days to justify the RED tape required to get to a stage that is "mine built" Lets not kid ourselves Sweden is a very enviromentally conscious country as is Canada......If 50 years ago they could not find the tonnage I doubt its grown since then ..But the costs and permiting process  to build a mine has gone up 5 fold since then.  The easiast part is done as the discovery but GUG has not even done that ..LUN Blackrock ans NAN wereall involved.Any event many many sips to go between the cup and the lips
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