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.
The news feed for Gungnir Resources Inc. (ASWRF) highlights the company’s ongoing mineral exploration activities in northern Sweden. Company releases describe a portfolio of gold and base metal projects, including the Lappvattnet and Rormyrberget nickel-copper-cobalt deposits and the Knaften-Hemberget gold project along the Swedish Gold Line in the Vasterbotten District.
Recent news has covered a range of exploration milestones and corporate updates. Gungnir has reported grassroots discoveries at its 100%-held Hemberget project, including a new surface gold exploration target defined by mineralized boulders and subsequent discovery of gold in bedrock outcrop. Other updates describe expansion of the Knaften-Hemberget land package to about 15,000 hectares, permit approvals along the Gold Line, and field work programs focused on mapping, prospecting and sampling to generate new targets.
On the nickel side, company news discusses the high-grade Lappvattnet deposit, where Gungnir has drilled thousands of metres and identified both a Main Zone and a Footwall Zone, and references collaboration with Lulea University of Technology on studies funded by the Swedish Agency for Economic and Regional Growth. Corporate communications also address financing-related matters, warrant expiry extensions, annual general meeting results, and board and management changes.
Investors following ASWRF news can use this page to review exploration results, property expansions, permitting developments, research collaborations, and governance updates that Gungnir discloses as it advances its gold and base metal projects in Sweden.
Gungnir Resources (OTC:ASWRF, TSXV:GUG) announced immediate leadership and board changes effective February 9, 2026. Robert Danard is appointed Interim CEO following the September 30, 2025 resignation of former CEO Jari Paakki. Three new directors — Danard, Kurt Soost and Michael Gheyle — were named, subject to TSXV approval. Long-tenured director Garett Macdonald resigned and will serve as a consultant during the transition. Existing director Chris Robbins remains on the Board and continues in an executive support role.
Gungnir Resources (OTCPK:ASWRF) announced its Lappvattnet Nickel Project was designated a Property of National Interest by the Swedish Geological Survey on December 8, 2025. The designation protects Lappvattnet from competing land uses, may streamline permitting, and could improve the company's ability to attract partners and investment.
Project highlights include Lappvattnet: 780,000 tonnes at 1.35% Ni (10.5M kg) and Rormyrberget: 36.8M tonnes at 0.19% Ni (70M kg), collectively ~80M kg nickel; permits valid to early January 2027; a 2% GSR royalty option available for CDN$8M to Altius Minerals.
Gungnir Resources (TSXV:GUG)(OTC:ASWRF) announced the resignation of CEO and Director Jari Paakki, effective September 30, 2025. The resignation was cited for personal reasons.
The Board of Directors will initiate a search for a new CEO and oversee discussions regarding future company initiatives, including potential new board members, management appointments, partnerships, and possible asset sales. Updates will be provided in accordance with securities laws.
Gungnir Resources (TSXV:GUG)(OTCPK:ASWRF) has announced plans for field work at its Knaften-Hemberget project in northern Sweden. The program will focus on exploring gabbro-ultramafic intrusions for potential copper mineralization. Recent archived data from the Swedish Geological Survey revealed a gabbro outcrop with disseminated chalcopyrite and pyrrhotite mineralization at Hemberget, along with chalcopyrite in massive sulphides found in the eastern permits.
Previous drilling in 2017-2018 yielded notable results, including 0.48% Cu over 0.5m, 0.19% Cu over 2.0m, and 0.13% Cu over 14.35m. However, the company notes that significant project advancement will require additional funding through capital raising, earn-in arrangements, or potential merger, with current activities limited to basic prospecting due to depressed market conditions.
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.
FAQ
What is the current stock price of Gungnir Resource (ASWRF)?
What is the market cap of Gungnir Resource (ASWRF)?
