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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 CrazyPropheton Jan 01, 2022 2:11pm
143 Views
Post# 34276271

It takes 3 to 8 years to build a mine

It takes 3 to 8 years to build a mineand there will be plenty on that path in NA if they have the resource ! There is lots that affect the in production time line but close to surface deposit would play a big role. Gug is an explorer not a producer so ask the coming JV partner or buyer what their timeline will be  LOL ! 
Nickel demand is giving a very long time line with battery demand but its also used in Hydrogen production which could be a mega long time line not to mention steel ! We have a growing high grade deposit in the heart of EV land, hydrogen research is growing by the day, experienced management and mining friendly Sweden too many plus to list and this will be a short antacid repost as well LOL LOL  OH ya forgot our 75% expanded gold claim in an already producing PM corridor !!!
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