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.

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Gungnir Resources Inc > Is this company the one LUNDIN walked from

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Comment by CrazyPropheton Dec 31, 2021 2:40pm

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Post# 34274649

RE:RE:Is this company the one LUNDIN walked from

Blackstone shelved the projects due to the major collapse in the price of nickel in 2007 through 2009. The permits were finally cancelled by the Swedish mining authority and both deposits came open for staking, and Gungnir quickly submitted applications to acquire both deposits in 2015. Jarri worked for Blackstone so knew these claims very well ! As for Lundin they did not get back into Nickel it appears till 2013 when they acquired a NA project that was a lot closer to production !

GREAT POST MAX !!

Maxmoe wrote: Really? 40 years ago? Are you purposely obtuse or just completely ignorant kitty/ 10 other user names? How many major mining companies walk from deposits 40 years ago, 60 years ago, 12 years ago during the last big collapse in ALL mining stocks ? Answer? ALL of them. They call it "focus" or "high grading". It's legendary how often small companies pick up abandoned properties from majors at the bottom of EVERY cycle, only to sell the same properties at a HUGE profit at the top of the next cycle. What a schmuck. You're supposition is an embarrassment. Start another username. I have no idea if gug will have a great drill program in 2022, and neither does anyone else but it's sure obvious you either have no idea what you are talking about or you have an agenda justifying your stupid posts. Good luck to goldy and his followers. Kitty and your crew of trolls can GFY. On to ignore you go.

KittyWhisperer wrote:
40 years ago along with other majors? My DD shows the deposit was to smalla nd uneconomical for them to want to keep.Please advise