Nickel Mountain (company)

DGAP-News: Gungnir Drills 7.38% Nickel Within 4.25 Metres Grading 3.19% Nickel

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Tuesday, August 31, 2021
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SURREY, BC / ACCESSWIRE / August 31, 2021 / Gungnir Resources Inc. (GUG: TSX-V, ASWRF: OTCPK) ("Gungnir" or the "Company") is very pleased to report high-grade nickel assays from the Company's Lappvattnet nickel deposit in Sweden.

Key Points: 
  • SURREY, BC / ACCESSWIRE / August 31, 2021 / Gungnir Resources Inc. (GUG: TSX-V, ASWRF: OTCPK) ("Gungnir" or the "Company") is very pleased to report high-grade nickel assays from the Company's Lappvattnet nickel deposit in Sweden.
  • With hole LAP21-02 we have already identified nickel mineralization outside of the current resource block with the high-grade nickel intercept at just 30 metres below surface.
  • - Rormyrberget: Inferred Resource of 36,800,000 tonnes grading 0.19% nickel for 154 million lbs (70 million kg) of nickel.
  • East of Knaften, the Company holds two nickel-copper-cobalt deposits, Lappvattnet and Rormyrberget, with updated nickel resources.