Announcement Date: 2021-11-15
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Gungnir Resources Inc.
Project name: Lappvattnet
Location: Sweden
Commodities: PGM,Copper,Nickel,Cobalt
Highlight: Drilling results incl. 31.0m @ 0.93% Ni, 0.13% Cu, 0.02% Co, 0.15g/t PGM from 20.0m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Surrey, BC – November 15, 2021 – Gungnir Resources Inc. (GUG: TSX-V, ASWRF: OTCPK) (“Gungnir” or the “Company”) is very pleased to report more near surface, high-grade nickel results at the Company’s Lappvattnet nickel deposit in Sweden. Today’s results are highlighted by yet another wide, near surface nickel intercept in drill hole LAP21-12. Assays are pending for drill holes LAP21-13, -14 and -15. Jari Paakki, CEO commented, “The story is just beginning for Gungnir at Lappvattnet where we are having early success expanding nickel mineralization, including both high-grade and wide-grade nickel intercepts, with only 1,300 metres of drilling which tested just a small fraction of the deposit. We have yet to test depth extent, which is largely unexplored, and the remaining 80% of the Lappvattnet deposit along strike to the east where prior drilling decreased considerably. And we have yet to drill a hole into our other Swedish nickel asset, Rormyrberget.” The Company’s recently completed its initial 2021, 15-hole (1,300 metre) drill program at Lappvattnet. Drilling covered a strike length of 140 metres which represents just 20% of the total strike length of the nickel deposit(sections 7.5E to 11E); please refer to the map in the newly updated corporate presentation on the Company’s website. New drilling and assays are expected to be incorporated into future resource upgrades
Read More

Pricing Plans

We are a SaaS business and access to announcements and data is by subscription. Enjoy 10 days free when you sign up to our Essential Plan.

Standard

$ 10
Per Month

Stay up to date with the global mining industry.

  • The opaxe Review
  • Search using Explore
  • 32,000 searchable announcements

Premium

$ 100
Per Month

For lots of data and notification of new announcements.

  • All Essential plan features; plus
  • Announcement Alerts and Notifications
  • Drilling result comparisons
  • Downloadable intercept data
  • Resources and reserves data