Gungnir Geophysical Surveys Underway at Knaften Gold Project in Sweden

IP surveying is progressing over an unexplored area with favourable host rock to gold mineralization, specifically on licences covering the southern half of a 4 x 5 km quartz diorite intrusion recently acquired by Gungnir which is located in the northern part of the quartz diorite.

is a Canadian-based TSX-V listed mineral exploration company and copper-nickel targets, all of which are open for expansion and further discovery.

Some of the specific forward-looking information in this news releases includes, but is not limited to, statements with respect to: expectations that any new IP targets will lead to discovery of gold mineralization; planned drilling activities, and the expected timing thereof; expectations that drilling will lead to gold zone extensions, nickel-copper deposit expansions or added PGEs and Gungnir’s plan for development of its properties and the timing thereof.

Forward-looking information is based on a number of key expectations and assumptions made by Gungnir, including, without limitation: the COVID-19 pandemic impact on the Canadian and global economy and Gungnir’s business, and the extent and duration of such impact; no change to laws or regulations that negatively affect Gungnir’s business; there will be a demand for Gungnir’s services and products in the future; Gungnir will be able to operate its business as planned; and Gungnir’s plans for future exploration and development of its properties is reasonable and will be possible within the anticipated timelines.

Those risks and uncertainties include, among other things, risks related to: no certainty that any economically viable mineral deposit will be located on Gungnir’s properties; that Gungnir may not be able to complete its planned drilling and Induced Polarization geophysics as anticipated; the impacts of the COVID-19 pandemic; ability to access capital markets; environmental matters; changes in legislation or regulations; receipt of required licenses, permits and approvals; and resource estimates may not be accurate and may differ significantly from actual mineral resources.

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