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Gungnir Samples 50.91 g/t Platinum-Palladium-Gold over 0.45 metres at Lappvattnet in Sweden
SURREY, BC / ACCESSWIRE / March 30, 2020 / Gungnir Resources Inc. (TSXV:GUG)(OTCPK:ASWRF) ("...
About this update from Gungnir Resources Inc
[{"type":"text","content":"Gungnir Samples 50.91 g/t Platinum-Palladium-Gold over 0.45 metres at Lappvattnet in SwedenSURREY, BC / ACCESSWIRE / March 30, 2020 / Gungnir Resources Inc. (TSXV:GUG)(OTCPK:ASWRF) (\"Gungnir\" or the \"Company\") reports 50.91 g/t PGE's (39.0 g/t platinum, 11.8 g/t palladium, 0.11 g/t gold) and 2.13% nickel over 0.45 metres at its Lappvattnet property in Sweden. Results are from initial re-sampling of archived drill core in advance of plans to update the historic resource at Lappvattnet and to evaluate the grade and distribution of PGE's.Jari Paakki, CEO of Gungnir comments, \"In addition to our Knaften project, where we've made three new discoveries over the past three years and plan to continue drilling in early-summer 2020, we have steadily continued to advance our Lappvattnet nickel project. We have completed 3-D modelling and geophysics, and now we are having a closer look at potential value-added precious metals. Today's results support drill data from 2007 and demonstrate high-grade PGE contents. We have completed further sampling of core from an additional fifteen holes drilled in the mid-1970's which have no record of being assayed for PGE's. Assays are pending.\"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's g/t *Pt g/tPd g/tAu g/tGungnir Re-Sampling Results LAP07-00132.5534.942.391.540.100.010.040.05LAP07-002 #76.4376.540.111.770.200.010.120.07 77.1077.330.234.990.330.030.250.05 79.5581.001.451.4116.5112.284.090.14includes79.5580.000.452.1350.9139.0011.800.11LAP07-00494.0098.004.001.230.170.030.030.11 101.00102.001.001.050.310.140.030.14 105.00106.001.001.210.460.060.160.242007 ResultsLAP07-00132.5534.942.391.360.110.020.040.05LAP07-00276.4381.404.973.204.292.701.400.19includes79.0080.001.003.1314.719.045.370.30LAP07-00494.0098.004.001.240.190.030.030.13 101.00102.001.000.960.200.010.030.16 105.00106.001.001.420.460.240.070.15* PGE's g/t = platinum (Pt) + palladium (Pd) + gold (Au)# drill hole has several secti...