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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) announced promising nickel drill results at the Lappvattnet deposit in Sweden, featuring significant intercepts, including 31m grading 0.93% nickel. The 2021 drilling program covered only 20% of the deposit, indicating potential for resource expansion. The CEO highlighted the unexplored depth and remaining areas, while additional assays from holes LAP21-13 to -15 are pending. Total nickel resources across Gungnir's projects are approximately 177 million pounds. Further drilling is anticipated to enhance resource estimates.
Gungnir Resources (OTC PINK: ASWRF) reported significant results from its 2021 drill program at the Lappvattnet nickel deposit in Sweden. Key highlights include:
- 44.90 g/t platinum over 0.65 metres, the highest grade to date
- 13.65 metres grading 0.83% nickel in hole LAP21-10
- 8.00 metres grading 1.03% nickel in hole LAP21-09
- Drilling confirms high-grade nickel and platinum potential, with further assays pending
The program aimed to enhance the understanding of the mineralized zone, covering 20% of the total strike length.
Gungnir Resources (OTC PINK: ASWRF) announced on October 27, 2021, that it has raised approximately $665,000 through the exercise of stock options and warrants following a $298,200 private placement. Directors and officers exercised 1,700,000 options at $0.06 per share, yielding $102,000, while warrants generated about $563,000. In total, 12,817,665 shares were issued. The funds are earmarked for exploration in Sweden and general corporate purposes.
Gungnir Resources Inc. (OTC PINK: ASWRF) has completed a ground EM survey at its Rormyrberget nickel project in Sweden, uncovering twelve untested near-surface conductors. The survey, conducted by Geovista AB, included five profiles, successfully identifying good conductors across all profiles. The company is currently awaiting assays for 220 core samples from eight drill holes at the nearby Lappvattnet nickel deposit. Gungnir's nickel resources total 177 million pounds, with significant grades of nickel identified in historical data.
Gungnir Resources has announced promising nickel results from its Lappvattnet nickel deposit in Sweden. The highlights include:
- 33.15 meters grading 0.98% nickel, featuring a high-grade portion of 2.62% nickel over 5.65 meters from hole LAP21-05.
- Hole LAP21-06 showed 5.61% nickel over 0.85 meters within a larger interval of 1.5% nickel.
Assays for 8 more drill holes are awaited, indicating continued exploration potential for the company's nickel resources.
Gungnir Resources Inc. (ASWRF) reported promising nickel results from the Lappvattnet nickel deposit in Sweden. Notable drill hole LAP21-04 revealed two nickel zones: an upper zone of 1.84% Ni over 5.0m and a lower zone of 1.21% Ni over 15.0m, within a broader interval grading 0.93% Ni over 36.0m. The mineralization is located just 40m below the surface. The company is executing a 15-hole drill program, with ongoing analysis to refine its exploration strategy.
Gungnir Resources (OTC PINK: ASWRF) announces new high-grade nickel results from drilling at their Lappvattnet deposit in Sweden. Recent assay from drill hole LAP21-05 revealed 2.62% nickel over 5.65 metres, part of a broader interval of 14.00 metres grading 1.40% nickel. A peak was noted at 6.67% nickel over 0.65 metres. The results are encouraging, confirming high-grade mineralization close to the surface and enhancing the Company's nickel resources, which total 177 million pounds across Lappvattnet and Rormyrberget.
Gungnir Resources Inc. (OTC PINK:ASWRF) reported significant nickel mineralization from drilling at the Lappvattnet nickel deposit in Sweden. The latest results from hole LAP21-02 show 1.09% nickel over 21.65 meters, including a high-grade section of 3.19% nickel over 4.25 meters. The drilling program has expanded to 15 holes, with ongoing exploration expected to enhance nickel resources, previously estimated at 177 million pounds. The company also saw successful results from the Knaften gold project, further bolstering its exploration portfolio.
Gungnir Resources Inc. has successfully completed a non-brokered private placement, issuing 5,964,000 units at $0.05 each, totaling $298,200. Each unit comprises one common share and one warrant, allowing purchase at $0.08 for two years. Proceeds will support ongoing exploration in Sweden and general corporate needs. Insiders subscribed for 1,450,000 units, utilizing exemptions under MI 61-101. All securities are subject to a four-month hold. The company continues to focus on mineral exploration in northern Sweden.
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