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 PINK: ASWRF) reports its exploration highlights from 2021 and outlines its plans for 2022, with a strong focus on high-grade nickel. In 2021, successful drilling at the Lappvattnet project revealed significant nickel grades, including 3.19% over 4.25 meters. For 2022, over 75% of exploration funds will be allocated to nickel, with plans for up to 4,000 meters of drilling. A new gold target at Knaften will also be tested. The company aims for early spring 2022 drilling start, pending financing and permits.
Gungnir Resources (OTC PINK: ASWRF) announced favorable results from a ground electromagnetics (EM) geophysical survey at its high-grade Lappvattnet nickel project in Sweden. A new, untested EM conductor was identified 100 meters north of the existing massive sulphide deposit, indicating potential for further exploration. The survey outlined three conductors and will guide a targeted drilling program in 2022, building on the successful 2021 drill campaign that revealed significant nickel mineralization. Gungnir aims to expand its nickel resources, currently totaling 177 million pounds.
Gungnir Resources held its Annual General Meeting (AGM) on December 22, 2021, in Surrey, BC, where shareholders approved all resolutions. Key decisions included setting the number of Directors at four, re-electing existing Directors, and appointing DeVisser Gray, LLP as auditors. The company re-approved a 10% rolling stock option plan and granted 4,000,000 options to Directors. Gungnir Resources focuses on mineral exploration in northern Sweden, with projects that include nickel and gold deposits. For more information, visit gungnirresources.com.
Gungnir Resources (ASWRF) announced final drill results from its Lappvattnet nickel deposit in Sweden. The 2021 drilling program successfully identified high-grade nickel mineralization, with significant intersections including 6.52% Ni over 0.8 meters and 2.04% Ni over 4.45 meters. Out of 15 holes drilled, 14 showed continuity of inferred resources, and 10 expanded mineralization outside the 2020 resource block. Ground EM geophysics is ongoing to guide future exploration. The company's nickel resources now total 177 million pounds.
Gungnir Resources Inc. (ASWRF) has announced promising drill results from its Lappvattnet nickel deposit in Sweden. Drill hole LAP21-13 showed significant nickel mineralization, with assays revealing grades of 1.14% Ni over 21 meters and a peak of 1.74% Ni over 10 meters. The ongoing 2021 drill program includes a total of 15 holes aiming to define the geometry of the mineralized zone. Total nickel resources from Lappvattnet and Rormyrberget stand at 177 million pounds, enhancing investor confidence in future resource upgrades.
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.
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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.