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GUNGNIR RESOURCES INC - ASWRF STOCK NEWS

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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.

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Gungnir Resources Inc. held its Annual General Meeting (AGM) on November 10, 2022, in Surrey, BC, where shareholders approved all resolutions presented. Key outcomes include a decision to maintain a Board of four Directors and the re-election of Jari Paakki, Chris Robbins, Todd Keast, and Garett Macdonald. Additionally, DeVisser Gray, LLP was appointed as auditors, and a 10% rolling stock option plan was approved. Mr. Paakki and Mr. Robbins were reappointed as CEO and CFO, respectively. Gungnir continues to explore its mineral projects in northern Sweden, focusing on nickel, copper, and gold.

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Gungnir Resources (OTCPink:ASWRF) announced significant drill results from its Lappvattnet nickel deposit in Northern Sweden. Hole LAP22-19 returned a top intersection of 9.0 metres at 2.35% nickel, including 5.66 metres at 3.02%. The company has drilled 28 holes totaling approximately 3,900 metres in 2022, with ongoing drilling expected to expand high-grade nickel resources. The Lappvattnet deposit currently has an inferred resource of 780,000 tonnes grading 1.35% nickel. Gungnir’s shares are currently trading at $0.11.

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Gungnir Resources (ASWRF:OTCPK) reported promising drill results from its Lappvattnet nickel deposit in Sweden. Drill hole LAP22-19 intersected 90 metres of 2.35% nickel, with a notable 5.66 metres averaging 3.02% nickel. The Company has drilled 28 holes totaling roughly 3,900 metres in 2022 with ongoing efforts to expand and upgrade the existing resource. Preliminary interpretations suggest structural folding may influence nickel localization. Gungnir's total nickel resources are estimated at 177 million pounds, with significant potential for further discoveries.

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Gungnir Resources (OTCPink: ASWRF) has reported significant drill results from its Lappvattnet nickel deposit in Sweden. The recent drilling at Hole LAP22-19 revealed massive sulphides at depths from 64 to 75 metres. This hole is part of a systematic drilling campaign aiming to upgrade and expand nickel resources. Current resources total 177 million pounds of nickel, with Lappvattnet holding 23.1 million pounds. The shares are trading at $0.11, while the company has drilled approximately 2,800 metres in 18 holes this year, with more assay results expected soon.

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Gungnir Resources Inc. (OTC PINK: ASWRF) announced a significant drill intercept of massive sulphides at the Lappvattnet nickel deposit in northern Sweden, particularly in hole LAP22-19. This hole was drilled as part of ongoing efforts to upgrade and expand the resource. Previous notable intercepts include LAP21-02 and LAP21-05, with grades of 3.19% Ni and 2.62% Ni, respectively. The inferred nickel resources total 177 million pounds, with Lappvattnet holding 23.1 million lbs and Rormyrberget 154 million lbs. Assays for LAP22-19 are pending.

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Gungnir Resources (OTCPink: ASWRF) announced additional assays from drilling at its Lappvattnet nickel deposit in northern Sweden. The findings include significant intersections of nickel, with notable grades of 2.14% Ni over 3.3m and 5.15% Ni over 0.73m. The total nickel resource for Gungnir is approximately 177 million pounds. Drilling aims to expand the existing resource and discover high-grade nickel concentrations. Shares are currently trading at $0.075. Further results are pending from ongoing drilling activities.

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Gungnir Resources Inc. (OTC PINK: ASWRF) announced further drill results from the Lappvattnet nickel deposit in Sweden. Three drill holes reported, including LAP22-09, returned significant assays: 5% or better nickel and a remarkable silver hit of 349 g/t. The company aims to define high-grade nickel areas within the underexplored east section of the deposit. To date, 2,800 meters have been drilled in 18 holes in 2022, with ongoing work expected to improve resource classification.

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Gungnir Resources (OTC PINK:ASWRF) announced the discovery of a new ultramafic unit, jack-straw textured peridotite, near the high-grade Lappvattnet nickel deposit. This discovery, located 150 metres north of the deposit, may indicate further exploration potential in untested areas with similar geophysical signatures. Drilling has progressed with two new holes intersecting significant peridotite intervals. The company has completed 13 drill holes in 2022, contributing to its total nickel resource of 177 million pounds. Initial assay results are anticipated soon.

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Gungnir Resources Inc. (OTC PINK: ASWRF) has updated its ongoing drilling at the Lappvattnet high-grade nickel project in Sweden. Drilling commenced in May, with eight holes completed totaling 1,130 meters. The company has sent drill core samples for analysis, with results expected by late-July or early-August. Previous drill results indicated significant nickel mineralization, with several high-grade hits recorded in 2021. Gungnir’s nickel resources total 177 million pounds across its projects, showcasing robust infrastructure for potential development.

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Gungnir Resources (OTC PINK: ASWRF) is set to begin its second-phase drilling program at the Lappvattnet high-grade nickel project in Sweden next week, after a successful first phase in 2021. The company plans to drill approximately 4,000 metres to enhance its current nickel resource. Past drilling revealed significant nickel sulphide intersections, with notable grades like 3.19% nickel over 4.25 metres. The project, which hosts inferred resources totaling 177 million pounds of nickel, benefits from excellent infrastructure and accessibility.

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FAQ

What is the current stock price of GUNGNIR RESOURCES (ASWRF)?

The current stock price of GUNGNIR RESOURCES (ASWRF) is $0.014 as of January 23, 2025.

What is the market cap of GUNGNIR RESOURCES (ASWRF)?

The market cap of GUNGNIR RESOURCES (ASWRF) is approximately 1.7M.

What type of projects does Gungnir Resources Inc. focus on?

Gungnir Resources Inc. focuses on gold and base metal projects in northern Sweden, including nickel-copper-cobalt deposits.

What are some of the key assets owned by Gungnir Resources Inc.?

Gungnir Resources Inc. owns assets like the Lappvattnet and Rormyrberget nickel-copper-cobalt deposits, both of which have updated nickel resources.

What recent approval did Gungnir Resources Inc. receive for its exploration?

Gungnir Resources Inc. received approval to extend a significant license, Knaften nr 600, for further gold exploration in Sweden.

How does Gungnir Resources Inc. plan to advance its projects?

Gungnir Resources Inc. plans to conduct extensive drilling, geological mapping, and geophysical surveys to uncover new mineralization and expand its project portfolio.

What is the focus of Gungnir Resources Inc.'s exploration program in 2024?

In 2024, Gungnir Resources Inc. aims to advance its Lappvattnet high-grade nickel project and increase exploration coverage across its property portfolio through prospecting and geological mapping.
GUNGNIR RESOURCES INC

OTC:ASWRF

ASWRF Rankings

ASWRF Stock Data

1.67M
110.38M
7.73%
Gold
Basic Materials
Link
United States of America
Surrey