More Massive Sulphides for Gungnir at Lappvattnet Nickel Deposit

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[{"type":"text","content":"More Massive Sulphides for Gungnir at Lappvattnet Nickel DepositSURREY, BC / ACCESSWIRE / November 15, 2022 / Gungnir Resources Inc. (TSXV:GUG)(OTC PINK:ASWRF) (\"Gungnir\" or the \"Company\") is pleased to report further, near-surface massive sulphide drill intersections at the Company's Lappvattnet nickel deposit in northern Sweden. Highlighted holes include LAP22-25 and LAP22-23 which were drilled 80 metres west and east, respectively, of hole LAP22-19 which cut 9.0 metres of 2.35% Ni including 5.66 metres of 3.02% Ni in the central part of the Lappvattnet resource (news release dated October 18, 2022). Please click link for long section and drill core photos (see Figure 1).To date, the Company has drilled 30 holes for total of 4,240 metres of our planned 2022/23 program with the goal of upgrading and expanding the existing resource, focused on defining further high-grade nickel shoots, as well as initial scout drilling north of Lappvattnet. The Company is awaiting a large number of assays (more than 500) which are expected this quarter and into the first quarter of 2023. Once results are received and geological modelling is completed, plans for more drilling will be outlined. The potential target area for drilling is shown in slide 3 in the accompanying figures (shaded in grey) plus potential future drilling further along strike and down-plunge to the east (large grey arrows).A total of 16 holes (LAP22-16 to -31) were completed in the central part of the Lappvattnet deposit within the outlined block shown in Figure 1. Drilling was done along section lines spaced 20 metres apart (Sections 14 to 18E) with generally two holes collared at different angles from a single drill set-up to minimize our drilling footprint. Fifteen of sixteen holes intersected sulphide mineralization ranging from core lengths of less than 5 metres to 25 metres. With the exception of most of hole LAP22-19, all assays are pending in the central part of the main Lappvattnet deposit.Hole LAP22-25 cut a 25-metre section of sulphide mineralization, mainly disseminated, from 51 to 76 metres downhole, including a 6-metre interval (70 to 76 metres) containing ten sections of massive sulphides below a variably mineralized peridotite unit (see accompanying core photos). Hole LAP22-23, located 160 metres to the east of LAP22-25, drilled a 14-metre interval of main...

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