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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 Mar 28, 2022 3:42pm
58 Views
Post# 34553125

RE:Nickel supply

RE:Nickel supply
stockboy52 wrote: So where might we get a nickel supply for increasing EV demand after sanctions have put in place against Russia? Anybody?
Forbes article...
"European manufacturers, who are most reliant on Russian nickel, will see the biggest impact, according to Moores. Russia’s Nord Stream 2 gas pipeline has illustrated Europe’s energy reliance on Russia, but the nickel supply chain from Russia to Finland to Germany to make cathode material for EV lithium-ion batteries is equally problematic, he says."

"Along with nickel, other metals the auto industry relies on including palladium–needed for catalytic converters–and lithium and cobalt which are also used for batteries also continue to rise. That will make it tougher to drive down the price of EV batteries even as the technology continues to improve."
Excellent info SB and yup Northvolt is 30 minutes away . Its coming boys . Patience pays . Cheers.
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