Gungnir Resources Secures Swedish Gold Line Permits, Teams with LTU for Study

Gungnir Resources Inc. announced its receipt of final approvals for permit applications covering its Knaften-Hemberget gold project in Sweden. Located in the southern part of the Swedish Gold Line, these permits allow further exploration of the Company's 15,000-hectare property with gold, base metals, and significant nickel resources.

The company plans to collaborate with Lulea University of Technology (LTU) for a study on its high-grade Lappvattnet nickel deposit. This partnership, funded by the Swedish Agency for Economic and Regional Growth, aims to explore efficient mining methods and new exploration technologies without monetary input from Gungnir.

Gungnir's advances in these projects may involve raising additional funds or forming strategic partnerships. Notably, further exploration is needed to define resources in some areas, as noted by CEO Jari Paakki under NI 43-101 guidelines.