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 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.
Gungnir Resources (OTC PINK: ASWRF) reported promising nickel assays from its Lappvattnet deposit in Sweden, highlighting a significant intercept of 7.38% Ni over 0.25 metres within a 10.4 metre section averaging 1.51% Ni. The drilling, part of Gungnir’s first program at Lappvattnet since 2007, indicates a nickel-rich system with potential for further resource definition. The company plans to drill 10 or more holes to approximately 1,200 metres, enhancing its existing nickel resource of 177 million pounds.
Gungnir Resources Inc. (TSXV:GUG)(OTC PINK:ASWRF) reports ongoing drilling at its Lappvattnet nickel deposit in Sweden, revealing significant sulphide mineralization in hole LAP21-02, including a 10-metre core interval with massive sulphides. The company has drilled four holes totaling 350 metres, and expects assay results soon. A total of 177 million pounds of nickel are identified at both deposits, Lappvattnet and Rormyrberget, with planned drilling to further enhance resources.
Gungnir Resources Inc. (OTC PINK:ASWRF) provides an update on the Knaften gold target in Sweden, highlighting recent drilling and geophysical results. The exploration aims to identify broad zones of gold mineralization, including high-grade areas. Three recent drill holes at Knaften 300 intersected disseminated arsenopyrite, an indicator of gold. Previous results showed grades up to 59.6 g/t Au. The company identified four new IP anomalies, which are open-ended and highlight exploration potential. Assay results for 119 samples are pending.
Gungnir Resources plans to commence drilling at its high-grade Lappvattnet nickel deposit in Sweden in August 2021, marking the first systematic drilling since the 1970s. Previous drilling revealed impressive nickel grades exceeding 5% and significant platinum group elements (PGEs). The upcoming drilling will consist of over 10 holes and approximately 1,200 metres to enhance the mineral resource estimates. The company has also secured license extensions for Lappvattnet and Rormyrberget until 2026.
Gungnir Resources (OTC PINK: ASWRF) has announced plans to conduct ground electromagnetic (EM) geophysics at its Rormyrberget nickel deposit in Sweden. The survey will consist of five EM profiles aimed at identifying high-grade nickel mineralization zones, including a previously reported 3.95% Ni over 2 metres. Rormyrberget has an inferred resource of 36.8 million tonnes at 0.19% Ni. The company also holds the higher grade Lappvattnet deposit, where drilling is set to start in August. Results from the EM survey will help define future drilling locations.
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