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Gungnir Resources Inc.: Gungnir Set to Begin Drilling at Knaften Gold Target in Sweden

Gungnir Resources Inc.: Gungnir Set to Begin Drilling at Knaften Gold Target in Sweden
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Exploration Company Inks Deal to Acquire Agnico Eagles Majority Interest in Barsele Project in Sweden

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The deal will make Agnico Eagle Barsele Minerals largest shareholder.
Barsele Minerals Corp. (BME:TSX.V) just announced that it has signed a nonbinding letter of intent to acquire Agnico Eagle s 55% indirect share of the Barsele project located in northern Sweden. Barsele already controls 45% of the project.
The project is located at the western end of the Proterozoic Skellefte Trend, a volcanogenic massive sulphide deposit belt, that host polymetallic and orogenic gold deposits.
The opportunity to acquire a 100% controlling interest in the Barsele Project represents a tremendous milestone for Barsele, said Gary Cope, president, CEO and a director of Barsele, commented. We plan to significantly increase the drilling activity on the project with the goal of growing the current mineral resource estimates. We are excited to start a new chapter in the development of the Barsele Project and are thankful to our joint venture partn ....

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Barsele Enters into Non-Binding Letter of Intent to Acquire Remaining 55% Interest in the Barsele Project from Agnico Eagle

Barsele Minerals Corp. – (TSXV: BME) (the
Company or
LOI ) with Agnico Eagle Mines Limited (
Agnico Eagle ) to acquire Agnico Eagle s indirect 55% interest in the Barsele Project (the
Proposed Transaction ). The Company currently holds the remaining 45% interest in the Barsele Project and upon completion of the Proposed Transaction, would consolidate control of the Barsele Project. The completion of the Proposed Transaction will be governed by the terms of a definitive agreement to be entered into between Barsele and Agnico Eagle.
Gary Cope, President, CEO and a director of the Company commented, The opportunity to acquire a 100% controlling interest in the Barsele Project represents a tremendous milestone for Barsele. We plan to significantly increase the drilling activity on the project with the goal of growing the current mineral resource estimates. We are excited to start a new chapter in the development of the Barsele Project and are tha ....

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Auger Drill Program Underway at the Southern Gold Line Project, Sweden

Auger Drill Program Underway at the Southern Gold Line Project, Sweden
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VANCOUVER, BC, March 15, 2021 /PRNewswire/ - Capella Minerals Ltd. (TSXV: CMIL) (FRA: N7D2) (the Company or Capella ) is pleased to advise that an auger till sampling program is now underway on the Rötjärnen claim block, which lies at the southern end of the Company s Southern Gold Line Project, Sweden. The primary aim of this till sampling program is to provide geochemical vectors towards potential sources for the gold-mineralized boulders identified on surface at Rötjärnen.
Planning is also well advanced for the initiation of early-Spring field activities on the Southern Gold Line, including the undertaking of a high-resolution drone magnetic survey over key target areas and the continuation of low-cost regional reconnaissance Bulk Leach Extractable Gold ( BLEG ) sampling over the remainder of this highly prospective, 500 squar ....

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Auger Drill Program Underway at the Southern Gold Line Project, Sweden

Auger Drill Program Underway at the Southern Gold Line Project, Sweden
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