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Gungnir Samples 4.64% Nickel Over 0.65 metres at Lappvattnet
SURREY, BC / ACCESSWIRE / July 08, 2020 / Gungnir Resources Inc. (TSXV:GUG)(OTC PINK:ASWRF) ...
About this update from Gungnir Resources Inc
[{"type":"text","content":"Gungnir Samples 4.64% Nickel Over 0.65 metres at LappvattnetSURREY, BC / ACCESSWIRE / July 08, 2020 / Gungnir Resources Inc. (TSXV:GUG)(OTC PINK:ASWRF) (\"Gungnir\" or the \"Company\") reports up to 4.64% Ni over 0.65 metres at its Lappvattnet property in Sweden. Results are from re-sampling of archived drill core at the Lappvattnet nickel deposit.Jari Paakki, CEO of Gungnir comments, \"We continue to work on evaluating our nickel projects while actively and currently drilling gold targets at our Knaften project in Sweden. Results reported today are from re-sampling of 1970's archived drill core from Lappvattnet as part of our plan to log and validate historic core. Although a good portion of the 45-year-old drill core has been scavenged, still its availability at the Swedish Geological Survey core archives (indoor) along with three complete core sections from 2007 drilling, which we sampled earlier (see NR dated March 30, 2020), provides us with a cost-effective way to confirm significant nickel mineralization and increase our understanding of the deposit. Our next planned step is to update the historic resource at Lappvattnet.\"Along with Lappvattnet, the Company holds the Rormyrberget nickel deposit located in the same general area. The two deposits collectively contain over 70 million pounds (Mlbs) nickel, 10 Mlbs of copper and 2 Mlbs of cobalt in historic resources. At Lappvattnet, the historical estimate is 1,139,000 tonnes @ 0.91% Ni, 0.19% Cu and 0.02% Co for 22.9 Mlbs of Ni, 4.8 Mlbs of Cu and 0.5 Mlbs of Co (see Note 1).Results TableDDH_IDFrom(m)To(m)Length(m)Ni%PGE'sg/t *Ptg/tPdg/tAug/t76008 #95.3395.850.521.530.380.010.090.2876009 #85.3487.001.661.370.260.030.160.0776010 #131.77132.420.654.640.400.040.200.1676005 #84.6685.050.393.080.380.010.250.127500291.5991.650.065.860.220.040.120.067500178.4079.290.890.890.090.010.020.0674226 #93.1895.071.892.450.250.030.120.107422697.0797.530.462.630.330.010.150.177500685.7085.770.072.560.230.040.120.077500388.0089.081.080.910.080.010.020.0575004150.36152.081.720.630.030.010.010.0175007 #138.52139.450.932.000.130.010.080.047500839.6539.760.112.190.710.370.130.217421248.2448.700.462.100.110.010.030.077400128.3328.450.122.510.340.060.120.16* PGE's g/t = platinum (Pt) + palladium (Pd) + gold (Au) # contains narrow sections of missing core; a value of 0.00% Ni and 0.00 g/t PGE's has...