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 > Building a resource profile ! Nickel good !

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Post by CrazyPropheton Sep 15, 2022 8:34am

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Post# 34963871

Building a resource profile ! Nickel good !

include hole LAP21-02 which assayed 3.19% Ni over 4.25 metres within a 10.4-metre interval grading 1.51% Ni, and hole LAP21-05 which graded 2.62% Ni over 5.65 metres within a 14.0-metre interval grading 1.40% Ni. Hole LAP21-02 and LAP21-05 are located 320 and 280 metres west of hole LAP22-19, respectively.

Visually the best mineralization in drill hole LAP22-19 occurs in Box 9 consisting of massive, semi-massive, net-textured, veined, and disseminated sulphides. The mineralized zone extends from about 64 to 75 metres. Assays pending.

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