Gungnir Identifies New Gold Exploration Target at Hemberget, Sweden

Gungnir Resources Inc. (TSXV:GUG) has announced the discovery of a new surface gold exploration target at its Hemberget project in the Vasterbotten District of Sweden. This new prospect added gold potential to Gungnir's portfolio, which includes the Knaften gold target and the Lappvattnet nickel deposit.

Initial findings reveal gold assays up to 0.422 g/t Au in float samples containing arsenopyrite, which are similar to other gold deposits along the regional Gold Line. The identified trend extends over two kilometers, with the mineralized samples suggesting a proximal bedrock source.

The Swedish Geological Survey's analysis indicates that Hemberget could be part of the less explored yet promising Gold Line belt. Further sampling and fieldwork are planned to advance understanding and verify the existence of bedrock gold mineralization.

This development underscores Gungnir's strategic focus on expanding its mineral resources in Sweden, leveraging its expertise in identifying high-potential exploration targets in this under-explored region.