Gungnir Resources Provides Exploration Update

Gungnir Resources Inc. has initiated new exploration activities at its Hemberget property in northern Sweden. The property spans 29.4 km² and is part of the Knaften structural dome, which has potential for gold and base metals. Four zones have been identified, three of which were discovered by Gungnir.

The company is conducting surface work to increase exploration coverage. This includes evaluating options for its high-grade nickel project at Lappvattnet. Reconnaissance mapping at Hemberget has been completed, with thirty-three samples submitted for geochemical analyses. Results are pending.

The technical information in the press release was verified by Jari Paakki, CEO and a Qualified Person under National Instrument 43-101. Gungnir Resources aims to rank all its targets and outline future strategies.