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Gungnir Resources Commences Geophysical Survey at Lappvattnet and Rormyrberget Permits
VANCOUVER, BC / ACCESSWIRE / November 28, 2017 / Gungnir Resources Inc. (TSX-V: GUG; OTC PINK: ASWRF) (''Gungnir'' or the ''Company'') is commencing a thorough
About this update from Gungnir Resources Inc
[{"type":"text","content":"VANCOUVER, BC / ACCESSWIRE / November 28, 2017 / Gungnir Resources Inc. (TSX-V: GUG; OTC PINK: ASWRF) (''Gungnir'' or the ''Company'') is commencing a thorough review of its nickel-copper assets in Sweden following the Company's drill-discovery of layered gabbro with nickel-copper bearing sulphides at its Knaften property this fall. The Company has commenced a ground geophysical survey at its Lappvattnet and Rormyrberget permits located east of Knaften and plans to re-sample selective archived drill core and 3D-model the mineralized zones in advance of planning future work. ''Now that we have nickel-copper mineralization on a third property in northern Sweden, the Company is taking a fresh look at its two staked nickel deposits, Lappvattnet and Rormyrberget, which collectively contain over 70 million pounds of nickel, 10 million pounds of copper and 2 million pounds of cobalt in historic resources. Within both deposits, very good nickel drill intersections are reported including 5 metres of 3.21% Ni + 4.28 g/t TPM (Total Precious Metals, Pt+Pd+Au) at Lappvattnet and 12.5 metres of 2.63% Ni at Rormyrberget. With additional value-added TPM's reported, and several previous drill holes not assayed for Pt, Pd or Au, sampling of archived drill core, planned during the upcoming winter months, will include TPM assays. On the geophysical side, we have a crew on the ground today commencing a detailed magnetics survey on both Lappvattnet and Rormyrberget in order to get our own initial data for deposit modelling purposes, and to evaluate potential deposit extensions and undrilled magnetic anomalies which could be related to pyrrhotite (magnetic Fe-sulphide), the key host to the nickel-copper sulphides,\" commented Gungnir's CEO, Jari Paakki. ''Our focus in Sweden remains gold, but with a base metal slant. At Knaften we have both gold and now promising drill targets for nickel-copper mineralization. Finding a decent nickel-copper deposit at Knaften could bode well for regional synergies with Lappvattnet and Rormyrberget,'' continued Mr. Paakki. Highlights of Previous Drill Intersections (Note 1): Hole No From To Length(m) Ni (%) Cu (%) Co (%) Pt (g/t) Pd (g/t) Au (g/t) TPM LAP07-02 70.0 91.0 21.00 1.07 0.09 0.03 0.640 0.340 0.071 1.051 includes 76.4 81.4 4.97 3.21 0.06 0.08 2.690 1.400 0.190 4.280 LAP74226 92.5 97.9 5.40 1.44 0.19 0.03 NR N...