Gungnir Resources hunting for gold in mining-friendly Sweden, but has nickel in mind too

In each of the years 2017, 2018 and 2019, the company made three new discoveries via drilling at Knaften. Gungnir also holds permits covering two nickel deposits called Lappvattnet and Rormyrberget, which together host about 71 million pounds of nickel in historic resources, and lie 100 kilometres and 60 km, respectively, from Knaften, covering 471.3 hectares.

It also holds the Norrbotten gold and base metal claims, namely five permits totalling 25 square kilometres .

There is also the potential for significant PGEs demonstrated by Gungnir’s sampling, which has included 50.91 grams per ton PGEs – 39.0 g/t platinum, 11.8 g/t palladium, 0.11 g/t gold – with 2.13% nickel over 0.45 metres at Lappvattnet.

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