Gungnir Resources is pleased to announce that the Company's summer diamond drilling program at its Knaften project has been completed. A total of 1,900 m was drilled in ten holes - five holes testing the Rodingtrask volcanogenic massive sulphide target, and five holes testing the Knaften 300 Gold Zone. Jari Paakki, Gungnir's CEO, "We are extremely pleased with sulphide mineralization we encountered, in particular, at the [...]
Gungnir Resources Inc. shareholders approved all the resolutions put before them at the Company’s Annual General Meeting held today, September 11, 2019 in Surrey, BC. At the AGM, shareholders voted in favour of resolutions to: 1) Set the number of Directors at four ; 2) Re-elect Jari Paakki, Chris Robbins, Todd Keast, and Garett Macdonald as Directors for the ensuing year ; 3) Appoint DeVisser Gray, LLP as the auditors [...]
Gungnir Resources Inc. announces that it has drilled two mineralized structures at its Knaften 300 Gold Zone in Sweden. Three holes, KN19-06, -07 and -08, each cut two main zones of arsenopyrite mineralization which is the key indicator of gold mineralization at Knaften 300. The shallow-dipping, sub-parallel mineralized zones vary in core length from 3.6 to 8.5 metres and extend down-dip for at least 150 metres and are [...]
Gungnir Resources Inc. is pleased to provide an update on its on-going drill program at the Company’s Knaften project in Sweden. To date this summer, the Company has completed five drill holes and a sixth hole is in progress. Five holes have been completed in the Rodingtrask volcanogenic massive sulphide target area which was discovered by Gungnir in 2018, and one drill hole has been completed at the Knaften 300 Gold [...]
Gungnir Resources Inc. is pleased to report that the Company has now, upon regulatory approval, received the $500,000 initial cash payment related to the sale of the Company's remaining royalty interest in the Kenville Gold Mine property in BC, Canada. In Sweden, drilling is scheduled to commence on June 3, 2019 on the Company's new targets. The royalty option agreement is between the Company and Ximen Mining Inc. whereby [...]
Gungnir Resources Inc. reports that the Company has entered into a royalty option agreement with Ximen Mining Corp. pursuant to which the Company has granted to Ximen an option to purchase the Company's remaining royalty interest in the Kenville Gold Mine property for total consideration of $1,700,000 . Jari Paakki, Gungnir's CEO stated, "This is a good arrangement for the Company as the transaction is scheduled to be [...]
Gungnir Resources Inc. , a successful Canadian-based junior exploration company focused on discovery in Sweden, selected as feature company in video by InvestmentPitch Media. InvestmentPitch Media has produced a "video" which discusses the Company. The link to the video will also be posted on the Company's home page at www.gungnirresources.com. Gungnir holds high-potential exploration assets in mineral-rich Sweden [...]
Gungnir Resources Inc. reports on final results of the 2018 drill program at its Rodingtrask volcanogenic massive sulphide target on the Knaften project in northern Sweden. The Company has also posted a new, updated corporate presentation highlighting back-to-back target discoveries by Gungnir in 2017 and 2018, and up-graded potential at Knaften; see "Gungnir Presentation Q4 2018". Jari Paakki Gungnir's CEO commented, "At [...]
Surrey, British Columbia - Gungnir Resources Inc. comments on the response to the Company’s news release issued on October 4, 2018. The share price has been negatively impacted with what the Company believes to be a very positive development with a new discovery of the Rodingtrask target on the Company’s Knaften property. Jari Paakki Gungnir’s CEO stated, “New discovery targets like this don’t come along everyday [...]
Vancouver, British Columbia - Gungnir Resources Inc. is pleased to report that the Company has intersected additional long core lengths of sulphide mineralized conglomerate at Knaften in holes KN18-09 and -10, 230 metres and 120 metres respectively. Assay results received for hole KN18-07 along with a newly interpreted geological setting point to VMS related mineralization. The new target on the Knaften property is named [...]
Surry, British Columbia - Gungnir Resources Inc. reports that the Company has expanded its Knaften property in northern Sweden. The new addition covers outcropping conglomerate and sulphide occurrences on the west side of the current property boundary. Photos of outcrops will be available for viewing via the home page link on the Company's website at www.gungnirresources.com. All assays are pending. The outcrops of [...]
Surrey BC - Gungnir Resources Inc. is pleased to report that on-going drilling at its Knaften project has intersected a new, wide zone of conglomerate-hosted sulphide mineralization including the presence of chalcopyrite. The newly discovered sulphide mineralization is located 400 metres west of the Company’s 2017 discovery of copper-nickel bearing sulphides and approximately 5 km northwest of the Knaften 300 Gold [...]