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Gungnir Drills 44.90 g/t platinum over 0.65 metres, 13.65 metres of 0.83% nickel, 8.00 metres of 1.03% nickel, Peak Assay of 5.12% nickel at Lappvattnet

SURREY, BC / ACCESSWIRE / November 10, 2021 / Gungnir Resources Inc. (TSXV:GUG)(OTC PINK:ASW...

articleGungnir Resources IncNovember 10, 20213/company/gungnir-resources-inc/news/gungnir-drills-4490-gt-platinum-over-065-metresandxa01365-metres-of-083percent-nickelandxa0800-metres-of-103percent-nickel-peak-assay-of-512percent-nickel-at-lappvattnet
Gungnir Drills 44.90 g/t platinum over 0.65 metres, 13.65 metres of 0.83% nickel, 8.00 metres of 1.03% nickel, Peak Assay of 5.12% nickel at Lappvattnet

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[{"type":"text","content":"Gungnir Drills 44.90 g/t platinum over 0.65 metres, 13.65 metres of 0.83% nickel, 8.00 metres of 1.03% nickel, Peak Assay of 5.12% nickel at LappvattnetSURREY, BC / ACCESSWIRE / November 10, 2021 / Gungnir Resources Inc. (TSXV:GUG)(OTC PINK:ASWRF)(\"Gungnir\" or the \"Company\") is very pleased to report more near surface, high-grade nickel and platinum results from its 2021, 15-hole drill program at the Company's Lappvattnet nickel deposit in Sweden. Today's results are for drill holes LAP21-08 to -10 plus a very high-grade platinum interval in partial assay results for drill hole LAP21-14. Assays are pending for drill holes LAP21-11 to -15.Highlights:44.90 g/t (1.31 ounces per ton) platinum over 0.65 metres in hole LAP21-14; highest platinum grade at Lappvattnet to date13.65 metres grading 0.83% nickel, including 1.16% nickel over 5.50 metres in hole LAP21-108.00 metres grading 1.03% nickel, including 2.90% nickel over 0.60 metres in hole LAP21-09Peak values of 5.12% nickel over 0.20 metres and 3.23% nickel over 0.25 metres in hole LAP21-08All results reported are 40 to 80 metres below surfaceJari Paakki, CEO commented, \"We are seeing further assays rolling-in now and we should have all results reported more or less on schedule by mid-December 2021. Once again, we continue to report high-grade nickel assays at Lappvattnet, all near surface, with more assays to come from five drill holes. We are also highlighting a very high-grade platinum interval of 44.90 g/t Pt over 0.65 metres (topping our previous high of 39.00 g/t Pt over 0.45 metres) which continues to re-affirm potential for value-added precious metals locally at Lappvattnet.\"Results Table: Hole IDFrom (m)To (m)Length (m)Ni %Cu %Co %PGEs (g/t)LAP21-14 **43.8544.500.65pendingpendingpending45.53LAP21-1068.0081.6513.650.830.110.020.12 76.1581.655.501.160.120.020.10 80.9581.650.702.220.100.030.12LAP21-0942.0050.008.001.030.360.020.14 44.0044.600.602.900.390.050.19LAP21-0854.0060.306.300.620.130.010.13 55.6055.800.205.120.020.040.16 60.0560.300.253.230.110.050.64PGEs in grams per tonne (g/t) = platinum (Pt) + palladium (Pd) + gold (Au) ** Partial assay results only; PGEs for LAP21-14 = 44.90 g/t Pt + 0.15 g/t Pd + 0.48 g/t Au Length is core length in metres Drilling Details:The Company's recently completed 15-hole (1,300 metre) drill program at Lappvattnet tested...

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