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Gungnir Expands Knaften Project

Gungnir Resources reported the addition of 92 square kilometers to its Knaften-Hemberget gold line property package in Sweden (pending final approvals). The new application areas cover a sequence of folded supracrustal rocks, west and east of the company’s existing Knaften permit. The company is considering multiple alternatives to advance its projects, including fundraising, earn-ins, or equitable mergers.

 

Knaften-Hemberget Gold project with new permit applications as dashed, white lines (Source: www.gungnirresources.com)