DGAP-News

Gungnir Resources Inc.: Gungnir Continues to Advance Knaften Gold Target - Seite 2

Drilling Highlights at Knaften 300 from Gungnir and Previous Operators:

- 14.07 g/t Au over 4.25 m (from 138.75 to 143.00 m) in hole KN19-06

- includes 59.6 g/t Au over 1.00 m

- 5.39 g/t Au over 2.00 m (from 98.00 to 100.00 m) in hole KN19-09

- 3.45 g/t Au over 10.75 m (from 67.05 to 77.80 m) in hole 96009

- 3.20 g/t Au over 10.00 m (from 83.50 to 93.50 m) in hole 200707

- 2.92 g/t Au over 13.00 m (from 81.5 to 94.50 m) in re-sample 200707

- 3.11 g/t Au over 8.00 m (from 135.80 to 143.80 m) in hole 200714

- 2.13 g/t Au over 14.45 m (from 55.00 to 69.45 m) in hole KNA01001

- 2.01 g/t Au over 6.70 m (from 190.50 to 197.20 m) in hole 200710

- 2.89 g/t Au over 5.00 m (from 118.80 to 123.80 m) in hole 200715

Logged drill core is currently being shipped from the Company's core logging facility in Lycksele (near the Knaften project) to ALS's laboratory in Mala, Sweden for cutting and sample prep before being shipped for analyses to ALS in Ireland. A total of 119 samples, including certified reference material and blanks, will be assayed for Au and analyzed by a multi-element ICP package.

The technical information in this news release has been prepared and approved by Jari Paakki, P.Geo., CEO and a director of the Company. Mr. Paakki is a Qualified Person under National Instrument 43-101.

About Gungnir Resources
Gungnir Resources Inc. is a Canadian-based TSX-V listed mineral exploration company (GUG: TSX-V) with gold and base metal projects in northern Sweden. Gungnir's assets include the Knaften project which hosts a developing intrusion-hosted gold system, and VMS (zinc-copper) and copper-nickel targets, all of which are open for expansion and further discovery. East of Knaften, the Company holds two nickel-copper-cobalt deposits, Lappvattnet and Rormyrberget, with updated nickel resources. Further information about the Company and its properties may be found at www.gungnirresources.com or at www.sedar.com.