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)