RELEASE: Gungnir drills 12 meters of 1.02% nickel, including 5.13 meters of 1.75% Ni at Lappvattnet

(Information sent by the signatory company).

RELEASE: Gungnir drills 12 meters of 1.02% nickel, including 5.13 meters of 1.75% Ni at Lappvattnet

(Information sent by the signatory company)

Canada, January 3, 2023.

Gungnir Resources Inc. is pleased to report final assay results for the central portion of the Company's Lappvattnet nickel deposit in northern Sweden. The new results include the LAP22-23 well, which drilled 12 meters grading 1.02% Ni to a depth of 38 meters.

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ContactContact name: Jari PaakkiContact description: CEOContact phone: 1-604-683-0484

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