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Gungnir Resources Inc. (ASWRF) is a Canadian mineral exploration company with gold and base metal projects in northern Sweden. The company's assets include nickel-copper-cobalt deposits, such as Lappvattnet and Rormyrberget, all open for expansion and further discovery. They have recently extended a key license for gold exploration, highlighting their commitment to advancing their projects. With a focus on drilling, geological mapping, and geophysical surveys, Gungnir aims to uncover new mineralization across its extensive property portfolio.
Gungnir Resources Inc. (OTC PINK: ASWRF) is set to conduct an electromagnetic geophysics survey at its Hemberget property in Sweden, targeting potential copper-nickel sulphide mineralization. This survey, utilizing a Loupe EM system, will span around 30 line-kilometres. The Hemberget site lies within a significant magnetic anomaly and shows promise for volcanogenic massive sulphide deposits. The company plans this survey in conjunction with drilling at its Lappvattnet nickel deposit. Gungnir's portfolio also includes the Knaften project and updated resources at its Lappvattnet and Rormyrberget deposits. The forward-looking statements regarding the survey's outcomes emphasize potential mineralization but acknowledge inherent risks.
Gungnir Resources has announced the granting of incentive stock options for 2,800,000 common shares at a price of $0.08 each, valid for five years. This move is aimed at employees, directors, and officers, aligning with the Company's Stock Option Plan. Gungnir focuses on mineral exploration in Sweden, holding projects that include nickel-copper-cobalt deposits and a developing gold system. Recent additions include the Hemberget property, expanding their portfolio to cover a greenfield copper-nickel target. The Company remains committed to exploration and resource expansion, vital for enhancing shareholder value.
Gungnir Resources (OTC PINK:ASWRF) has announced final assay results from the Lappvattnet nickel deposit in Sweden. Highlights include hole LAP22-23, which intersected 12 metres of 1.02% Ni, featuring a section with 5.13 metres grading 1.75% Ni. Other notable results from previous holes include 9 metres at 2.35% Ni (LAP22-19) and 5.76 metres at 4.04% Ni (LAP22-25). The company has drilled 5,435 metres across 45 holes since 2021, indicating a substantial nickel resource, with Lappvattnet estimated at 23.1 million lbs. The company plans further drilling to enhance and expand its resources.
Gungnir Resources (OTCPink: ASWRF) announced a significant nickel discovery at its Lappvattnet deposit in northern Sweden. The latest drill hole, LAP22-25, recorded a remarkable 4.04% nickel over 5.76 metres and an overall 1.49% nickel over 18.28 metres. This find marks the highest-grade nickel intercept to date for the company, which aims to further define this high-grade deposit. The company has drilled 45 holes across 5,435 metres since 2021, aiming to upgrade and expand resources. Gungnir's nickel resources now total 177 million pounds.
Gungnir Resources has reported its highest-grade nickel intercept at the Lappvattnet nickel deposit in Sweden, achieving 4.04% Ni over 5.76 metres within a broader interval of 1.49% Ni over 18.28 metres. Drilled from a depth of 57.72 metres, this finding supports ongoing exploration plans to define the deposit further. The company aims to expand its resources while addressing an existing gap in prior drilling. Notably, Gungnir has drilled a total of 5,435 metres across 45 holes in recent years, targeting additional results expected in early 2023.
Gungnir Resources (TSXV:GUG, OTC PINK:ASWRF) announced promising drill results from its Lappvattnet nickel deposit in northern Sweden. Highlights include hole LAP22-10, which intersected 7.0 metres of 1.16% Ni, and LAP22-19, revealing a new footwall nickel target 75 metres below the main deposit. Preliminary results suggest potential expansion, with assays pending from several other holes. The company estimates its nickel resources at 177 million pounds. The updated results, including mineralized intervals, indicate ongoing evaluation for future exploration.
Gungnir Resources (OTCPink:ASWRF) has reported significant progress in its 2022/23 drilling program at the Lappvattnet nickel deposit in Sweden, completing 30 drill holes totaling 4,240 meters.
Fifteen of the sixteen holes intersected sulphide mineralization, with notable results including 9.0 meters of 2.35% nickel. The company anticipates over 500 assay results by early 2023, aiming to expand its nickel resources while also exploring additional projects in the region. Shares are currently trading at $0.09.
Gungnir Resources (ASWRF) announced significant progress at its Lappvattnet nickel deposit in Sweden, reporting further near-surface massive sulphide drill intersections. Notable results include hole LAP22-25, which intersected 25 metres of sulphide mineralization, and hole LAP22-23, confirming the presence of disseminated and massive sulphides. The company has drilled 30 holes totaling 4,240 metres in its 2022/23 program, targeting resource upgrades and expansions. The company is currently awaiting over 500 assays with results expected soon.
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