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Gungnir Resources Inc V.GUG

Alternate Symbol(s):  ASWRF

Metals & Mining Industrial Metals & Minerals
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

Gungnir Resources Inc > This is not good for nickle
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Comment by stockboy52on Oct 21, 2021 11:21am
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Post# 34032717

RE:RE:RE:RE:This is not good for nickle

RE:RE:RE:RE:This is not good for nickleThis is very good for nickel...

BEIJING/MELBOURNE (Reuters) - Tesla Inc TSLA.O boss Elon Musk urged miners to produce more nickel, a key ingredient in the batteries that power the company's electric cars, warning the current cost of batteries remained a big hurdle to the company's growth.

 

“Tesla will give you a giant contract for a long period of time if you mine nickel efficiently and in an environmentally sensitive way,” Musk said on a post-earnings call on Wednesday.

Nickel makes batteries energy dense so cars can run further on a single charge, and Tesla needs the metal more than ever as it looks to ramp up production of trucks and solar projects that use a lot of nickel.

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