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Bullboard - Stock Discussion Forum Gungnir Resources Inc V.GUG

Alternate Symbol(s):  ASWRF

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... see more

TSXV:GUG - Post Discussion

Gungnir Resources Inc > Massive Sulphides = High Grade Nickle
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Post by Goldy63 on Sep 01, 2021 11:36am

Massive Sulphides = High Grade Nickle

Same massive sulphides and high grade Nickle that GGI had Clouder. Read on .The high-grade nickel intercept in hole LAP21-02 occurs within a 10.4 metre interval containing several narrow sections of massive and semi-massive sulphides, consisting of mainly pyrrhotite, local pentlandite and chalcopyrite. Mineralization is hosted at the base of a peridotite intrusion and within underlying sedimentary gneisses. LAP21-01 (assays pending) and LAP21-02 were drilled on Section 8E up-dip of previous drilling including hole 2007-02 which returned 3.21% Nickel over 4.97 metres (from 76.43 metres) and Gungnir re-sampling within this interval returned 50.91 g/t PGEs (39.0 g/t Platinum, 11.8 g/t Palladium, 0.11 g/t Gold) over 0.45 metres. Please link to accompanying attachment for a cross-section and core photo (Figure 1).
Comment by yixter on Sep 01, 2021 11:37am
The PGE grades are off the charts high
Comment by Goldy63 on Sep 01, 2021 11:41am
That is correct Yix. I learned a lot following GGI for years and when I saw those spectacular Nickle numbers I jumped in with both feet . Add gold, Palladium. and Platinum well gracias and a bonus . Then we have the very tight float . Still waiting for info on what insiders own . Cheers.
Comment by CLOUDER on Sep 01, 2021 11:51am
HEY isn`t SWEEDEN,    NOT   LOCKING   NOBODY DOWN ? FOR A   bs   BUG ?  AND there is not as much of this  BS   BUG  there?   DO they eat right or what?   and about 75 million shares are the float i am figgering to. insiders about 12%.
Comment by Goldy63 on Sep 01, 2021 12:00pm
If that 12% is correct Clouder then we have about 68 Millions shares available to retail and I think the share count is 78 Mil. Still a very tight float . Cheers .
Comment by CLOUDER on Sep 01, 2021 12:23pm
IT`S  FD, insiders have 12% on a FD basis.there is 106, million shares FD about 1 million in the kitty, sooo.  they are drilling on a gold property to,    these holes must be shallow so this is great for this discovery.
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