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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 Weedy71on Nov 17, 2021 2:01pm
101 Views
Post# 34137261

The Story is Just Beginning....

The Story is Just Beginning...."The story is just beginning for Gungnir at Lappvattnet where we are having early success expanding nickel mineralization, including both high-grade and wide-grade nickel intercepts, with only 1,300 metres of drilling which tested just a small fraction of the deposit. We have yet to test depth extent, which is largely unexplored, and the remaining 80% of the Lappvattnet deposit along strike to the east where prior drilling decreased considerably. And we have yet to drill a hole into our other Swedish nickel asset, Rormyrberget." CEO J.P.

Not sure why you folks need to bash each other.   Either you are a speculator like some of us or you are not.   Take your pick.   But if you wants to play you gots to pay!!

Yes this is an older under appreciated assest, but if the drilling gets better and the Nickel spot price keeps rising this can become a mineable assest that can be sold to the highest bidder.  I don't anticipate GUG building/operating a mine.

Lots of potential and what about Romyrberget and Knaften.   Interesting story that will take time to unfold.   

Just my humble opinion, do your own DD & be nice folks. 

GLTA


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