Welcome to our dedicated page for Gungnir Resource news (Ticker: ASWRF), a resource for investors and traders seeking the latest updates and insights on Gungnir Resource stock.
Gungnir Resources Inc. (ASWRF) provides shareholders and industry observers with comprehensive access to official corporate developments through this dedicated news portal. Our repository consolidates all material announcements related to the company’s gold and base metal exploration activities in Sweden’s prospective mineral districts.
Investors will find timely updates on drilling programs, geophysical survey results, and resource estimate revisions across key projects including the Knaften-Hemberget gold targets and Lappvattnet nickel deposits. The page serves as an essential resource for tracking technical advancements, corporate milestones, and regulatory filings without speculative commentary.
All content undergoes strict verification to ensure compliance with Canadian securities regulations and TSX Venture Exchange disclosure requirements. Users can expect updates covering exploration methodology developments, strategic land acquisitions, and operational progress reports from northern Sweden’s Gold Line region.
Bookmark this page for direct access to ASWRF’s validated news stream, enabling efficient monitoring of the company’s systematic approach to mineral discovery in one of Europe’s most active exploration frontiers.
Gungnir Resources (GUG:TSX-V, ASWRF:OTCPK) has received final approval for permit applications within its Knaften-Hemberget gold project in Sweden's Vasterbotten District. The company's 15,000-hectare portfolio includes the Knaften 300 Gold Zone and the newly discovered Hemberget gold target (2024), along with two inferred nickel resources.
The company announced a collaboration with Lulea University of Technology (LTU) to study its high-grade Lappvattnet nickel deposit, funded by the Swedish Agency for Economic and Regional Growth. This study is part of the larger Critical Metals in Vasterbotten project (CRM-V), focusing on geo-metallurgy, sustainable mining methods, and exploration technologies. Notably, Gungnir will not need to make any monetary contribution to this research.
The company indicates that significant project advances will require additional funding through capital raising, an earn-in arrangement, or a potential merger.
Gungnir Resources announced a significant expansion of its Knaften-Hemberget gold property in Sweden's Vasterbotten District. The expansion adds 9,216 hectares, bringing the total land package to over 15,000 hectares (150 square kilometres) along the Gold Line structural trend.
The property features the Knaften 300 Gold Zone with notable drill results including 59.60 g/t Au over 1.00m and 5.39 g/t Au over 2.00m. Recent developments include a 2024 surface gold discovery at Hemberget with values up to 0.74 g/t Au in outcrop.
The company is considering multiple funding alternatives, including raising funds, earn-in arrangements, or potential merger to advance both its expanded gold project and temporarily paused nickel projects.
Gungnir Resources held its Annual General Meeting (AGM) on November 15, 2024, in Surrey, BC, where shareholders approved all proposed resolutions. Key approvals included: setting the board size at four directors (93.77% approval), re-electing Jari Paakki, Chris Robbins, Todd Keast, and Garett Macdonald as Directors (all above 93.59%), appointing DeVisser Gray, LLP as auditors (94.54%), and approving the Company's 10% rolling Stock Option plan (90.31%). Post-AGM, the Board reappointed Jari Paakki as CEO and Chris Robbins as CFO and Corporate Secretary.
Gungnir Resources Inc. (TSX-V:GUG)(OTCPK:ASWRF) has discovered gold in bedrock at its Hemberget project in Sweden's Vasterbotten District. Key highlights include:
1. New grassroots outcrop gold discovery in an unexplored area of the regional 'Gold Line'
2. Surface grab assays returned highly anomalous gold up to 0.74 g/t Au from first-pass outcrop sampling
3. Gold mineralization associated with disseminated arsenopyrite and silica-sericite alteration
4. Excellent road access for cost-efficient exploration
The discovery extends a previously identified two-kilometre-plus trend of mineralized boulders. CEO Jari Paakki noted the potential for IP geophysics to outline possible drill targets for higher-grade gold mineralization.
Gungnir Resources Inc. (GUG:TSX-V)(ASWRF:OTCPK) has announced its intention to extend the expiry dates of 15,330,667 outstanding warrants, subject to TSX Venture Exchange approval. These warrants, originally issued in September and October 2020 with three-year expiry dates, and in September 2021 with a two-year expiry date, were part of private placements of units consisting of common shares and warrants. The company had previously extended these warrants by one year and is now seeking a further one-year extension from their current expiry dates. The warrants will maintain their original exercise prices of $0.09 and $0.08.
Gungnir Resources Inc. (TSXV:GUG)(OTCPK:ASWRF) has discovered a new surface gold exploration target at its Hemberget project in Sweden. Key highlights include:
- Float samples assaying up to 0.422 g/t Au associated with arsenopyrite
- A two-kilometre-plus trend along a magnetic and geologic contact
- An 11-kilometre-long prospective gold exploration target
- Location up-ice of one of the largest gold-in-till anomalies in the district
The discovery bolsters Gungnir's gold and nickel portfolio in Sweden. Initial results suggest a promising gold prospect with arsenopyrite association similar to other Gold Line deposits. Further field work is planned to collect more samples and potentially locate bedrock mineralization.
Gungnir Resources has initiated exploration activities at its 29.4 km2 Hemberget property in northern Sweden, targeting gold and base metals. The property includes four zones on the Knaften structural dome, with Gungnir having discovered three of them. The company aims to extend exploration across its Swedish portfolio to uncover new targets and assess its nickel resources, notably the Lappvattnet high-grade nickel project. So far, 33 samples from reconnaissance mapping have been submitted for geochemical analysis, with results pending. The update was verified by CEO Jari Paakki, a Qualified Person under National Instrument 43-101.
