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Gungnir Hits Two Nickel Zones in Hole LAP21-04; 15.0 Metres Grading 1.21% Nickel and 5.0 Metres Grading 1.84% Nickel
SURREY, BC / ACCESSWIRE / September 30, 2021 / Gungnir Resources Inc. (TSXV:GUG)(OTC PINK:AS...
About this update from Gungnir Resources Inc
[{"type":"text","content":"Gungnir Hits Two Nickel Zones in Hole LAP21-04; 15.0 Metres Grading 1.21% Nickel and 5.0 Metres Grading 1.84% NickelSURREY, BC / ACCESSWIRE / September 30, 2021 / Gungnir Resources Inc. (TSXV:GUG)(OTC PINK:ASWRF) (\"Gungnir\" or the \"Company\") is very pleased to report more nickel results at the Company's Lappvattnet nickel deposit in Sweden. Today's results are assays for holes LAP21-01, -03 and -04, highlighted by hole LAP21-04.Drill Hole LAP21-04 Highlights:Upper zone grading 1.84% Nickel over 5.0 metres including 6.06% Nickel over 0.3 metres and 4.08% Nickel over 0.55 metresLower zone grading 1.21% Nickel over 15.0 metresNickel zones contained within a broader 36.0 metre interval grading 0.93% Nickel from 49.0 to 85.0 metres down-holeTop of the nickel intercept just 40 metres below surfaceResults Table:Hole IDFrom (m)To (m)Length (m)Ni %Cu %Co %PGEs (g/t)LAP21-0449.0085.0036.000.930.220.020.280upper zone49.0054.005.001.840.520.030.233 49.0050.951.952.610.560.040.127 50.4050.950.554.080.050.060.110 52.3552.650.306.060.090.110.190lower zone70.0085.0015.001.210.190.030.297LAP21-0336.4037.601.201.490.290.040.177LAP21-0143.0044.001.001.060.250.020.080 57.0075.0018.000.490.090.010.082 72.0572.300.252.800.210.060.230 74.3574.600.251.420.180.020.110PGEs (g/t) = platinum (Pt) + palladium (Pd) + gold (Au)Length = core length in metresNickel mineralization in hole LAP21-04 comprises two nickel zones hosted at the lower and upper contacts of the host peridotite intrusion. The lower zone is confined within the intrusion whereas the upper zone extends in overlying sedimentary gneisses. Nickel mineralization consists of blebby and disseminated sulphides with local semi-massive and massive sulphide sections. The top of the upper nickel zone is located 40 metres below surface. Assays from variably mineralized peridotite between the two zones range from 0.06 to 2.00% Ni (average ~ 0.4% Ni).Hole LAP21-04 was drilled on Section 9E, and hit nickel mineralization approximately 25 metres up-dip of LAP21-05 which intersected 2.62% Ni over 5.65 metres within a 14.00 metre interval grading 1.40% Ni (see news release dated September 21, 2021 which includes a map showing drill sections). LAP21-04 was one of three holes drilled on Section 9E testing a 90-metre interval up-dip of historic hole 2007-04 (0.97% Ni over 17.0 metres from 92.0 metres). Hole ...