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Gungnir Drills 10 Metres Grading 1.74% Nickel at Lappvattnet
SURREY, BC / ACCESSWIRE / November 22, 2021 / Gungnir Resources Inc. (TSXV:GUG)(OTC PINK:ASW...
About this update from Gungnir Resources Inc
[{"type":"text","content":"Gungnir Drills 10 Metres Grading 1.74% Nickel at LappvattnetSURREY, BC / ACCESSWIRE / November 22, 2021 / Gungnir Resources Inc. (TSXV:GUG)(OTC PINK:ASWRF) (\"Gungnir\" or the \"Company\") is very pleased to report further drill results at the Company's Lappvattnet nickel deposit in Sweden. Today's results are from drill hole LAP21-13 which cut nickel mineralization starting in the first box of drill core. The Company has now received assay results from thirteen of fifteen drill holes completed.Drill Results:Hole IDFrom (m)To (m)Length (m)Ni %Cu %Co %PGEs (g/t)LAP21-1319.0040.0021.001.140.200.020.17 21.0031.0010.001.740.200.040.12 22.0025.003.002.070.190.040.10 28.0031.003.002.280.150.050.09PGEs in grams per tonne (g/t) = platinum (Pt) + palladium (Pd) + gold (Au) Length is core length in metres Drilling Details:Results are part of the Company's recently completed initial 2021, 15-hole (1,300 metre) drill program at Lappvattnet. The program was designed to test the western part of the deposit with a series of tighter-spaced holes to better define the geometry of the mineralized zone. Drilling covered a strike length of 140 metres (sections 7.5E to 11E) which represents approximately 20% of the total strike length of the nickel deposit with the depth extent largely unexplored below 200 metres. New drilling and assays are expected to be incorporated into future resource upgrades. Please see maps in the corporate presentation on the Company's website (http://www.gungnirresources.com/).Drill hole LAP21-13 was drilled on Section 7.5E up-dip of hole LAP21-12 which cut 33 metres grading 0.93% Ni in mineralized peridotite (see news release dated November 15, 2021). Section 7.5E is an undrilled profile, 20 metres west of Section 8E which included Gungnir's drill results of 1.09% Ni over 21.65 metres including 3.19% Ni over 4.25 metres in hole LAP21-02. After 18.4 metres of overburden, hole LAP21-13 cored into 20 metres of mineralized peridotite (disseminated, blebby and net-textured sulphides) starting in the first box of drill core. Individual one-metre assays ranged from 0.77 to 3.13% Ni. Hole LAP21-13 was drilled 77.3 metres at a dip of -45 degrees at an azimuth of 340 degrees at location 1,741,495mE and 7,165,151mN. Co-ordinates above are in Swedish co-ordinate system RT90-2.5.Sample length reported is core length; true width is esti...