par Gungnir Resources Inc. (isin : CA40281L1094)
Gungnir Drills 12 Metres of 1.02% Nickel, Including 5.13 Metres of 1.75% Ni at Lappvattnet
SURREY, BC / ACCESSWIRE / January 30, 2023 / Gungnir Resources Inc. (TSXV:GUG)(OTC PINK:ASWRF) ("Gungnir" or the "Company") is pleased to report final assay results from the central part of the Company's Lappvattnet nickel deposit in northern Sweden. New results include hole LAP22-23 which drilled 12 metres grading 1.02% Ni at a down-hole depth of 38 metres. The central area hosts recently reported high-grade intercepts including 9 metres grading 2.35% Ni (hole LAP22-19) and 5.76 metres grading 4.04% Ni (hole LAP22-25). Please click link for long section (see Figure 1).
Highlights:
- Hole LAP22-23, the easternmost hole drilled by Gungnir (Section 18E), cut 12 metres of 1.02% Ni, including 5.13 metres of 1.75% Ni
- Numerous high-grade individual assays up to 4.98% Ni continue to demonstrate a robust high-grade nickel system; areas to the east and at depth only sparsely drilled
- Drill contractor confirmed for 2023
"With each round of drilling we gain a better understanding of this high-grade nickel deposit and drill-spacing required to evaluate it. The next big test at Lappvattnet will be drilling below the 120-metre level and further along strike and down-plunge to the east. Geological work and planning for 2023 exploration continue," commented Jari Paakki, CEO.
Table 1: Complete Assay Results - Central Part of the Lappvattnet Nickel Deposit:
Hole ID | Zone | From (m) | To (m) | Length (m) | Ni % | Cu % | Co % | PGEs (g/t) |
LAP22-19 * | Main | 66.00 | 75.00 | 9.00 | 2.35 | 0.27 | 0.04 | 0.23 |
incl | 69.00 | 74.66 | 5.66 | 3.02 | 0.33 | 0.05 | 0.33 | |
# | 72.19 | 74.66 | 2.47 | 4.10 | 0.19 | 0.07 | 0.29 | |
# | 70.53 | 71.39 | 0.86 | 3.65 | 0.08 | 0.06 | 0.19 | |
# | 72.19 | 72.39 | 0.20 | 6.49 | 0.04 | 0.11 | 0.31 | |
# | 72.90 | 73.31 | 0.41 | 6.74 | 0.08 | 0.11 | 0.40 | |
# | 73.72 | 74.19 | 0.47 | 5.20 | 0.04 | 0.08 | 0.29 | |
Footwall | 149.00 | 151.45 | 2.45 | 0.44 | 0.04 | 0.02 | 0.04 | |
LAP22-25 * | Main | 57.72 | 76.00 | 18.28 | 1.49 | 0.20 | 0.03 | 0.18 |
incl | 70.00 | 75.76 | 5.76 | 4.04 | 0.23 | 0.08 | 0.43 | |
# | 70.00 | 70.51 | 0.51 | 4.93 | 0.04 | 0.08 | 0.40 | |
# | 70.51 | 71.20 | 0.69 | 3.73 | 0.09 | 0.08 | 0.32 | |
# | 72.00 | 72.86 | 0.86 | 3.17 | 0.09 | 0.07 | 0.24 | |
# | 72.86 | 73.20 | 0.34 | 7.18 | 0.04 | 0.12 | 0.45 | |
# | 73.20 | 73.68 | 0.48 | 3.14 | 0.27 | 0.06 | 0.24 | |
# | 73.68 | 73.86 | 0.18 | 5.17 | 0.02 | 0.06 | 0.26 | |
73.86 | 74.28 | 0.42 | 1.13 | 1.20 | 0.02 | 0.23 | ||
# | 74.28 | 74.91 | 0.63 | 5.52 | 0.11 | 0.11 | 0.45 | |
# | 74.91 | 75.14 | 0.23 | 5.94 | 0.05 | 0.08 | 0.49 | |
# | 75.14 | 75.52 | 0.38 | 4.15 | 0.18 | 0.08 | 0.46 | |
# | 75.52 | 75.76 | 0.24 | 5.70 | 0.05 | 0.16 | 0.38 | |
LAP22-18 * | NSV | |||||||
LAP22-16 | O/B | |||||||
Footwall | 55.60 | 69.00 | 13.40 | 0.15 | 0.02 | 0.01 | 0.02 | |
LAP22-17 | Main | 30.00 | 33.20 | 3.20 | 0.83 | 0.18 | 0.02 | 0.09 |
# | 33.00 | 33.20 | 0.20 | 4.98 | 0.09 | 0.11 | 0.29 | |
LAP22-20 | Main | 36.00 | 41.70 | 5.70 | 0.42 | 0.10 | 0.02 | 0.06 |
LAP22-21 | Main | 61.00 | 68.16 | 7.16 | 0.82 | 0.18 | 0.02 | 0.09 |
incl | 65.34 | 68.16 | 2.82 | 1.52 | 0.30 | 0.04 | 0.16 | |
# | 66.10 | 66.30 | 0.20 | 2.89 | 0.17 | 0.06 | 0.23 | |
# | 67.26 | 68.16 | 0.90 | 2.66 | 0.20 | 0.09 | 0.20 | |
LAP22-22 | O/B | |||||||
LAP22-23 | Main | 34.90 | 50.00 | 15.10 | 0.90 | 0.22 | 0.03 | 0.15 |
incl | 38.00 | 50.00 | 12.00 | 1.05 | 0.25 | 0.03 | 0.18 | |
incl | 44.18 | 49.31 | 5.13 | 1.75 | 0.30 | 0.06 | 0.21 | |
# | 44.18 | 44.80 | 0.62 | 3.47 | 0.05 | 0.20 | 0.29 | |
# | 44.80 | 45.15 | 0.35 | 4.51 | 0.05 |