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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 Goldy63on Feb 05, 2022 6:41pm
43 Views
Post# 34401524

RE:Timing is everything like most of life !

RE:Timing is everything like most of life !
CrazyProphet wrote: **a junior finds a large deposit of a mineral that the market wants a lot of – it is a magical combination of the right deposit at the right time. When this happens, juniors can return more in a few days than a major will return in years.
**ie: Nickel reserves near record lows and price within eyeshot of alltime highs based on demand !

**Reserves are evaluated through feasibility studies. These studies independently verify the worth of a deposit. A feasibility study takes the estimated size and grade of the deposit and balances it against the costs and difficulties of extracting it all. If the deposit will fetch more money on the market than it costs to dig up, then it is feasible.
**The properties are accessible year-round with good transportation and industrial infrastructure including shipping facilities and are located about an hour drive from Boliden’s mill complex.
** You make money by being early not late !
Agreed . Also Northvolt a Giga Billion plus $ Battery Metals Factory 30 mins away . The mill , the factory and a resource in the making all within an hour . Marriage made in heaven . Long GUG.

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