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Gungnir Drills 6.10 Metres of 2.47% Nickel Including Peak Assay of 7.36% Nickel and Hits Main Zone 100 Metres Below Lappvattnet Nickel Resource
SURREY, BC / ACCESSWIRE / September 28, 2023 / Gungnir Resources Inc. (TSX-V:GUG)(OTC PINK:ASWRF...
About this update from Gungnir Resources Inc
[{"type":"text","content":"Gungnir Drills 6.10 Metres of 2.47% Nickel Including Peak Assay of 7.36% Nickel and Hits Main Zone 100 Metres Below Lappvattnet Nickel ResourceSURREY, BC / ACCESSWIRE / September 28, 2023 / Gungnir Resources Inc. (TSX-V:GUG)(OTC PINK:ASWRF) (\"Gungnir\" or the \"Company\") is pleased to report 2023 drill results from the Company's Lappvattnet high-grade nickel deposit in northern Sweden. Drilling continued to define and expand the limits of both the Main Zone and recently discovered Footwall Zone. Please refer to accompany schematic long section (see Figure 1).Highlights:High-grade central core of the Main Zone shows good continuity including new intercept of 6.10 metres of 2.47% Ni including 0.55 metres of 7.36% Ni in drill hole LAP23-01 along with several of Gungnir's 2021/22 high-grade nickel hitsMain Zone intercept 100 metres below current nickel resourceFootwall Zone intersections up to 16.9 metres of 0.56% NiVery shallow easterly plunge indicated with a total potential strike extent of approximately 1.5 kilometresSparsely drilled east half of the property offers shallow to moderate depth targeting potentialExpanded multi-year drill permit to be submitted\"This round of drilling successfully accomplished our 2023 objectives and shows considerable potential to expand the deposit beyond the current 2020 Lappvattnet nickel resource, in particular the shallow down-plunge extension target in the eastern half of the property where historic drilling is very sparse. Our recently discovered Footwall Zone offers further upside potential at Lappvattnet. Significant drilling will be required to further advance and define this high-grade nickel sulphide deposit,\" commented Jari Paakki, CEO.The 2023 program at Lappvattnet consisted of eight holes drilled on three profiles (Sections 13E, 16E and 19E) totaling 1,910 metres; please refer to accompanying long section and results table below. Gungnir has now drilled 53 holes for 7,345 metres in three rounds at Lappvattnet from 2021 to 2023.The Main Zone was cut in five holes with the deepest intercept in drill hole LAP23-08 located on section 19E approximately 100 metres below the current nickel resource with mineralization hosted in a thicker peridotite unit similar to the western part of the deposit. Drill hole LAP23-01 further refined the central high-grade core of the Main Zone (> 5% ...