Gungnir Resources Inc.
Gungnir Resources Inc.
- ISIN: CA40281L1094
- Land: Kanada
Nachricht vom 07.08.2020 | 19:15
Gungnir Resources Inc.: Gungnir Expands Mineralization at Knaften 300 Gold Zone
DGAP-News: Gungnir Resources Inc.
/ Key word(s): Miscellaneous
Gungnir Expands Mineralization at Knaften 300 Gold Zone
Jari Paakki, Gungnir's CEO, "We are now seeing potentially four stacked zones of arsenopyrite at Knaften 300, all of which are interpreted to extend to the top of bedrock immediately below overburden. As such, we are considering an induced polarization (IP) geophysical test survey over the current drill area to evaluate its effectiveness to target further shallow mineralization along strike and elsewhere on the property more cost effectively."
Gold mineralization at Knaften 300 is associated with disseminated arsenopyrite zones ranging from about 2 to 20 metres wide, typically 5 metres (core lengths). Drilling highlights from Gungnir and previous operators include:
14.07 g/t Au over 4.25 m (from 138.75 to 143.00 m) in hole KN19-06
The technical information in this news release has been prepared and approved by Jari Paakki, P.Geo., CEO and a director of the Company. Mr. Paakki is a Qualified Person under National Instrument 43-101.
About Gungnir Resources
On behalf of the Board,
For further information contact:
Jari Paakki, CEO
Chris Robbins, CFO
Cautionary Note Regarding Forward-Looking Statements: Certain statements made herein may contain forward-looking statements or information within the meaning of Canadian securities laws. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved", or the negative of these words or comparable terminology. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual performance of the Company to be materially different from any anticipated performance expressed or implied by the forward-looking statements. Such forward-looking statements or information include, but are not limited to, statements or information with respect to Gungnir's plan for future exploration and development of its properties, Gungnir's plan for future disclosure relating to exploration and development of its properties within the timelines set out above or at all. Forward-looking statements or information are based on a number of estimates and assumptions and are subject to a variety of risks and uncertainties, which could cause actual events or results to differ from those reflected in the forward-looking statements or information. Should one or more of these risks and uncertainties materialize, or should underlying estimates and assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. For example, there is no certainty, that any economically viable mineral deposit will be located on the properties, that the Company will receive or be able to raise sufficient capital to complete all of its exploration programs as anticipated. Accordingly, undue reliance should not be placed on forward-looking statements or information. Gungnir does not expect to update forward-looking statements or information continually as conditions change, except as may be required by securities law.
|Company:||Gungnir Resources Inc.|
|1688 152nd Street|
|V4A 4N2 Surrey, BC|
|Listed:||Regulated Unofficial Market in Frankfurt; Canadian Stock Exchange|
|EQS News ID:||1113551|
|End of News||DGAP News Service|
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Original-Research: Aroundtown SA (von First Berlin Equity Research GmbH): BUY
22. September 2020