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Gungnir Drills 6.52% Nickel over 0.8 Metres within 4.5 Metres of 2.04% Nickel plus 12 Metres of 1.13% Nickel at Lappvattnet
SURREY, BC / ACCESSWIRE / December 2, 2021 / Gungnir Resources Inc. (GUG:TSX-V), (OTC PINK:A...
About this update from Gungnir Resources Inc
[{"type":"text","content":"Gungnir Drills 6.52% Nickel over 0.8 Metres within 4.5 Metres of 2.04% Nickel plus 12 Metres of 1.13% Nickel at LappvattnetSURREY, BC / ACCESSWIRE / December 2, 2021 / Gungnir Resources Inc. (GUG:TSX-V), (OTC PINK:ASWRF) (\"Gungnir\" or the \"Company\") is pleased to provide final 2021 drill results at the Company's Lappvattnet nickel deposit in Sweden. Ground electromagnetic (EM) geophysics is currently underway.Drill Results:Hole IDFrom (m)To (m)Length (m)Ni %Cu %Co %PGEs(g/t)LAP21-1441.0047.506.501.580.320.034.75 43.0547.504.452.040.370.046.91 43.0543.850.806.520.050.110.23 43.8544.500.651.201.650.0345.53*LAP21-1558.0069.9011.901.130.180.020.18 58.0063.555.551.440.170.030.09 58.9559.400.454.780.260.080.36 63.3563.550.203.920.090.050.25 65.5065.700.202.470.170.040.11 69.6569.900.252.860.050.050.10lower zone81.6082.500.902.770.040.050.09PGEs in grams per tonne (g/t) = platinum (Pt) + palladium (Pd) + gold (Au)* previously reported on Nov 10, 2021 (PGEs for LAP21-14 = 44.90 g/t Pt + 0.15 g/t Pd + 0.48 g/t Au)Length is core length in metresJari Paakki, CEO, commented: \"This was a very successful first-phase drill program for the Company at Lappvattnet where we delivered consistent shallow drill hits of high-grade and wide-grade nickel mineralization. Fourteen of the fifteen holes drilled demonstrated continuity of the inferred resource, ten of which expanded nickel mineralization outside of the 2020 resource block. The drill program also importantly provided key structural information to guide the next phase of expansion drilling along with surface EM geophysics which is currently ongoing at Lappvattnet. Work plans for 2022 will be detailed in the early part of the new year.\"Drilling Details:Results are the final two holes 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 Com...