Gungnir Resources Inc V.GUG

Alternate Symbol(s): ASWRF

Metals & Mining Industrial Metals & Minerals

Gungnir Resources Inc. is a Canadian mineral exploration company with gold and base metal projects in northern Sweden. The Company’s assets include two nickel-copper-cobalt deposits, Lappvattnet and Rormyrberget, both with updated nickel resources, and the Knaften-Hemberget project, which hosts a developing intrusion-hosted gold system, VMS-style mineralization, copper-nickel targets, and disseminated felsic volcanic breccia-hosted gold boulders all of which are open for expansion and further discovery. The Lappvattnet and Rormyrberget nickel deposits are located along the Nickel Line in the eastern part of the Vasterbotten District, approximately 60 kilometers (km) and 100 km, respectively, east of the Company’s Knaften gold exploration project. The Knaften project is situated at the south end of a regional structure known as the Gold Line. Hemberget is located approximately six km north of the Knaften project within the broader Gold Line along with Knaften.

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Gungnir Resources Inc

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Post by Goldy63on Dec 04, 2021 2:47pm

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Post# 34198719

So We Are Expanding From This And Only 20% Drilled

On only ONE Property so far . (Quote) .

Lappvattnet: Inferred Resource of 780,000 tonnes grading 1.35% nickel for 23.1 million lbs (10.5 million kg) of nickel.

Rormyrberget: Inferred Resource of 36,800,000 tonnes grading 0.19% nickel for 154 million lbs (70 million kg) of nickel. (Quote ) Now the ROR Nickel % numbers seems low as High grade Nickel is considered to be 2% plus . Well check out these numbers and yup Drilling ROR next year as well . Gug is going to be a huge play for those with the foresight to play it long . Information trumps Bs 24/7 any day, any time .Long Gug In addition to prioritizing these EM targets outside the current resource for drilling, the Company plans to evaluate potential for higher-grade nickel shoots within the Rormyrberget deposit. Select drilling highlights from previous operators are tabled below:

Hole ID	From (m)	To (m)	Length (m)	Ni (%)	Cu (%)	Co (%)
ROR89009	162.20	169.20	7.00	2.28	0.30	0.09
ROR90024	155.90	168.40	12.50	2.63	0.51	0.09
ROR91002	161.10	173.00	11.95	1.83	0.29	0.06
ROR-08-08	122.00	163.00	41.00	0.52	0.09	0.02
	146.00	163.00	17.00	1.01	0.18	0.03
	150.30	155.30	5.00	1.59	0.27	0.04
ROR-08-09	151.00	276.00	125.00	0.39	0.05	0.02
	157.90	177.50	19.55	1.16	0.16	0.04
	159.90	162.80	2.85	3.74	0.27	0.13
ROR-08-11	14.90	68.10	53.20	0.38	0.04	0.01
	33.50	35.50	2.00	3.95	0.14	0.14