Gungnir Resources Inc. Stock Analysis GUG.V

Gungnir Resources, Inc. is a mineral exploration company. The Company’s assets include two nickel-copper-cobalt deposits, Lappvattnet and Rormyrberget, both with updated nickel resources, the Knaften-Hemberget project which hosts a developing intrusion-hosted gold system, a newly discovered gold target at Hemberget, and base metal targets, including copper. The Lappvattnet and Rormyrberget nickel deposits are located along the Nickel Line in the eastern part of the Vasterbotten District, approximately 60 kilometers (km) and 100 km, respectively, east of the Company’s Knaften gold exploration project. The Knaften project is situated at the south end of a regional structure known as the Gold Line (Knaften-Barsele Arc), which hosts a number of gold deposits including Faboliden and Svartliden, and the Barsele Gold-VMS project.