Gungnir Finds Bedrock Gold Mineralization at Hemberget, Sweden
Gungnir Resources Inc. (TSX-V:GUG)(OTCPK:ASWRF) has discovered gold in bedrock at its Hemberget project in Sweden's Vasterbotten District. Key highlights include:
1. New grassroots outcrop gold discovery in an unexplored area of the regional 'Gold Line'
2. Surface grab assays returned highly anomalous gold up to 0.74 g/t Au from first-pass outcrop sampling
3. Gold mineralization associated with disseminated arsenopyrite and silica-sericite alteration
4. Excellent road access for cost-efficient exploration
The discovery extends a previously identified two-kilometre-plus trend of mineralized boulders. CEO Jari Paakki noted the potential for IP geophysics to outline possible drill targets for higher-grade gold mineralization.
Gungnir Resources Inc. (TSX-V:GUG)(OTCPK:ASWRF) ha scoperto oro nel substrato nel suo progetto Hemberget nel Distretto di Vasterbotten in Svezia. I punti salienti includono:
1. Nuova scoperta di oro in affioramento in un'area inesplorata della 'Gold Line' regionale
2. Le analisi dei campioni superficiali hanno restituito elevati livelli anomali di oro fino a 0,74 g/t Au dai primi campionamenti di affioramento
3. La mineralizzazione dell'oro è associata a arsenopirite dispersa e alterazione in silice-sericite
4. Eccellente accesso stradale per un'esplorazione economicamente efficiente
La scoperta estende un trend di oltre due chilometri di massi mineralizzati precedentemente identificati. Il CEO Jari Paakki ha sottolineato il potenziale della geofisica IP per delineare possibili obiettivi di perforazione per mineralizzazioni di oro di grado superiore.
Gungnir Resources Inc. (TSX-V:GUG)(OTCPK:ASWRF) ha descubierto oro en lecho rocoso en su proyecto Hemberget en el distrito de Vasterbotten, Suecia. Los puntos destacados incluyen:
1. Nueva descubrimiento de oro en afloramientos en una zona inexplorada de la 'Gold Line' regional
2. Los análisis de muestreo superficial mostraron altos niveles anómalos de oro de hasta 0,74 g/t Au en el primer muestreo de afloramientos
3. La mineralización de oro está asociada con arsenopirita diseminada y alteración de sílice-sericita
4. Excelente acceso por carretera para una exploración rentable
El descubrimiento extiende una tendencia de más de dos kilómetros de bloques mineralizados previamente identificados. El CEO Jari Paakki destacó el potencial de la geofísica IP para delinear posibles objetivos de perforación para la mineralización de oro de mayor grado.
Gungnir Resources Inc. (TSX-V:GUG)(OTCPK:ASWRF)는 스웨덴 바스터봇텐 지역의 헴베르겟 프로젝트에서 기층에서 금을 발견했습니다. 주요 하이라이트는 다음과 같습니다:
1. 미탐사 지역에서의 신규 발굴 금 발견 ’골드 라인’ 지역
2. 표면 채취 샘플에서 0.74 g/t Au까지의 높은 이상 금 함량을 확인했습니다
3. 금 광물화는 분산된 비소철과 실리카-세리사이트 변화를 동반합니다
4. 비용 효율적인 탐사를 위한 우수한 도로 접근성
이번 발견은 이전에 확인된 2킬로미터 이상의 광물화된 바위 경향을 확장합니다. CEO Jari Paakki는 더 높은 등급의 금 광물화를 위한 드릴 목표를 포착하기 위한 IP 지구물리학의 잠재력을 언급했습니다.
Gungnir Resources Inc. (TSX-V:GUG)(OTCPK:ASWRF) a découvert de l'or dans le substrat dans son projet Hemberget dans le district de Vasterbotten en Suède. Les points clés incluent :
1. Nouvelle découverte de l'or en affleurement dans une zone inexplorée de la 'Gold Line' régionale
2. Les essais de surface ont révélé des niveaux anormaux d'or allant jusqu'à 0,74 g/t Au lors des premiers échantillonnages d'affleurement
3. La minéralisation de l'or est associée à de l'arsénopyrite disséminée et à une altération en silice-séricite
4. Excellente accessibilité routière pour une exploration rentable
La découverte prolonge une tendance de plus de deux kilomètres de blocs minéralisés précédemment identifiés. Le PDG Jari Paakki a souligné le potentiel de la géophysique IP pour délimiter des cibles de forage potentielles pour une minéralisation d'or de plus grande qualité.
Gungnir Resources Inc. (TSX-V:GUG)(OTCPK:ASWRF) hat Gold im Felsgestein entdeckt bei seinem Hemberget-Projekt im Vasterbotten-Distrikt in Schweden. Die wichtigsten Highlights sind:
1. Neuentdeckung von Goldvorkommen in einem unerforschten Gebiet der regionalen 'Goldlinie'
2. Oberflächenproben ergaben hochgradig anomales Gold bis zu 0,74 g/t Au aus den ersten Probenahmen
3. Goldmineralisierung in Verbindung mit disseminierter Arsenopyrit und Silicium-Serizit-Ablagerungen
4. Hervorragender Straßen-Zugang für kosteneffiziente Exploration
Die Entdeckung verlängert einen zuvor identifizierten mehr als zwei Kilometer langen Trend von mineralisierten Blöcken. CEO Jari Paakki betonte das Potenzial der IP-Geophysik zur Auffindung möglicher Bohrziele für eine hochgradige Goldmineralisierung.
- Discovery of gold in bedrock at Hemberget project, extending a 2km+ mineralized trend
- Surface grab assays returned gold values up to 0.74 g/t Au from first-pass outcrop sampling
- Mineralization style suitable for IP geophysics, potentially leading to drill targets
- Excellent road access to all points of the property, enabling cost-efficient exploration
- Project located in the proven but under-explored Gold Line belt, near other significant gold deposits
- Assays are still pending for additional prospecting samples
- Surface grab samples may not represent the true gold content of the mineralized zone
- Drilling is required to accurately assess gold grades and extent of mineralization
SURREY, BC / ACCESSWIRE / September 16, 2024 / Gungnir Resources Inc. (TSX-V:GUG)(OTCPK:ASWRF) ("Gungnir" or the "Company") is pleased to report discovery of gold in bedrock within the newly identified gold exploration target at its
"On July 17, 2024, we reported discovery of a new surface gold exploration target defined by a two-kilometre-plus trend of angular to sub-angular mineralized and altered boulders. Today's news, we have further advanced our discovery by importantly locating highly anomalous gold in outcrop. The disseminated style of mineralization and related alteration, in both boulder and outcrop samples, makes this new surface gold discovery ideal for IP geophysics to outline possible drill targets with the goal of locating higher-grade gold mineralization. South of Hemberget, within the same local greenstone belt and presumed related mineralized gold event, we have previously reported 59.6 g/t Au over one-metre, 2.92 g/t Au over 13.0 metres and other notable gold drill intercepts at Knaften 300 Gold Zone", commented Jari Paakki, CEO.
Highlights:
New grassroots outcrop gold discovery within an unexplored area of the regional "Gold Line"
New surface grab assays returned highly anomalous gold up to 0.74 g/t Au from first-pass outcrop sampling (see Note 1)
Gold mineralization is associated with disseminated arsenopyrite and silica-sericite alteration making it an ideal target for Induced Polarization (IP) geophysics
Excellent road access to all points of the property making for cost-efficient exploration
The new mineralized outcrop at Hemberget is exposed along side a gravel logging road at the western boulder area of the newly defined exploration target. Outcropping mineralization is the same style as the angular to sub-angular arsenopyrite-bearing, silica-sericite+/-biotite altered and quartz veined boulders reported earlier. Two of the four outcrop grab samples collected returned 0.60 and 0.74 g/t Au. Assays are pending for further prospecting in the mineralized outcrop area, as well as additional altered and local arsenopyrite-bearing boulders to the west.
The Gold Line structure ("Gold Line") is a proven but under-explored gold belt covering gold deposits and occurrences in different geological environments roughly aligned along a regional tectonic zone with gold mineralization primarily associated with arsenopyrite. The Gold Line hosts Gungnir's Knaften 300 Gold Zone and more advanced gold deposits including Barsele containing greater than 2 million Au (Agnico Eagle
Note 1: Although grab samples are selective by nature and may not represent the true gold content of the mineralized zone, gold grades can sometimes be misleading when evaluating the overall gold content of a mineralized zone as surface samples might not accurately represent deeper, more extensive mineralization. For a more accurate assessment, drilling is required to understand gold grades and extent.
Samples were delivered to ALS's lab facility in Pitea, Sweden for sample prep before being shipped for analyses to ALS in Ireland. Samples were assayed for Au (fire assay Au-ICP21) and analyzed by a multi-element ICP package (ME-MS41).
The technical information in this news release has been prepared, verified 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
Gungnir Resources Inc. is a Canadian-based TSX-V listed mineral exploration company (GUG:TSX-V, ASWRF:OTCPK) with gold and base metal projects in northern Sweden. Gungnir'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, and copper-nickel targets. Currently, the Company is focused on its newly discovered gold target at Hemberget. Further information about the Company and its properties may be found at www.gungnirresources.com or at www.sedar.com.
On behalf of the Board,
Jari Paakki, CEO and Director
For further information contact:
Head Office/Investor Relations
Phone: +1-604-683-0484
Email: corporatecommunications@gungnirresources.com
Jari Paakki, CEO
Email: jpaakki@eastlink.ca
Chris Robbins, CFO
Email: robbinscr@shaw.ca
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information
Certain statements in this news release may constitute "forward-looking information" within the meaning of applicable securities laws (also known as forward-looking statements). Forward-looking information involves known and unknown risks, uncertainties and other factors, and may cause actual results, performance or achievements or industry results, to be materially different from any future results, performance or achievements or industry results expressed or implied by such forward-looking information. Forward-looking information generally can be identified by the use of terms and phrases such as "anticipate", "believe", "could", "estimate", "expect", "feel", "intend", "may", "plan", "predict", "project", "subject to", "will", "would", and similar terms and phrases, including references to assumptions. Some of the specific forward-looking information in this news release includes, but is not limited to, statements with respect to: timing of further exploration work, including IP geophysics; expectations that IP geophysics will define drill targets and that new IP targets will lead to discovery of gold mineralization; planned drilling activities, and the expected timing thereof; and Gungnir's plan for development of its properties and the timing thereof.
Forward-looking information is based on a number of key expectations and assumptions made by Gungnir, including, without limitation: access to the projects will remain available; transportation and infrastructure will remain available as anticipated; no change to laws or regulations that negatively affect Gungnir's business; there will be a demand for Gungnir's services and products in the future; Gungnir will be able to operate its business as planned and extend certain licences; Gungnir will be able to access capital markets on and successfully complete financings on terms it determines to be reasonable; and Gungnir's plans for future exploration and development of its properties is reasonable and will be possible within the anticipated timelines. Although the forward-looking information contained in this news release is based upon what Gungnir believes to be reasonable assumptions, it cannot assure investors that actual results will be consistent with such information.
Forward-looking information is provided for the purpose of presenting information about management's current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. Forward-looking information involves significant risks and uncertainties and should not be read as a guarantee of future performance or results as actual results may differ materially from those expressed or implied in such forward-looking information. Those risks and uncertainties include, among other things, risks related to: no certainty that any economically viable mineral deposit or new targets will be located on Gungnir's properties; that Gungnir may not be able to complete its planned work as anticipated; the impacts of war and/or other international conflicts; ability to access capital markets and complete successful financings on terms Gungnir determines to be reasonable; environmental matters; changes in legislation or regulations; receipt of required licences, permits and approvals; and resource estimates may not be accurate and may differ significantly from actual mineral resources. Management believes that the expectations reflected in the forward-looking information contained herein are based upon reasonable assumptions and information currently available; however, management can give no assurance that actual results will be consistent with such forward-looking information. The forward-looking information contained this news release is expressly qualified in its entirety by this cautionary statement. Forward-looking information reflects management's current beliefs and is based on information currently available to Gungnir. The forward-looking information is stated as of the date of this news release and Gungnir assumes no obligation to update or revise such information to reflect new events or circumstances, except as may be required by applicable law.
SOURCE: Gungnir Resources Inc.
View the original press release on accesswire.com
FAQ
What gold values did Gungnir Resources (ASWRF) find in its recent Hemberget project sampling?
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What is the significance of the Gold Line for Gungnir Resources' (ASWRF) exploration?
