Gungnir’s Norrbotten gold and base metal claims consist of five permits totalling 25 sq. km in northern Sweden in the Norrbotten District. The permits cover significant gold, silver and copper mineralized boulders/blocks along a north-west trending corridor located approximately 200 km north of the Company’s Knaften project.
Historic prospecting results include:
- 7.7 g/t Au
- 4.3 g/t Au and 2.3 % Cu
- 3.7 g/t Au, 380 g/t Ag and 1.3 % Cu
- 2.6 g/t Au and 10 g/t Ag
- 2.54 g/t Au
- 2.09 % Cu, 25 g/t Ag and 0.9 g/t Au
- 1.96 % Cu and 1.3 g/t Au
- 1.52 % Cu and 33 g/t Ag
These early-stage prospects were staked as part of the Company’s strategy to actively monitor new quality opportunities and to maintain a pipeline of projects from prospecting to advanced stage.
Prospecting samples noted above are historic surface grab samples of boulders/blocks and may not be representative of mineralization hosted on the permits. Assays results are from the Swedish Geological Survey (SGU) data files. The Company has not verified this data.