Gungnir Drill Results Knaften 300 Gold Zone - 2017 to 2020 and Select Historic Highlights
| Hole ID | From (m) | To (m) | Length (m) | Au (g/t) |
| KN20-01 | 55.90 | 59.50 | 3.60 | 0.49 |
| including | 57.50 | 58.50 | 1.00 | 1.10 |
| 157.00 | 157.50 | 0.50 | 0.30 | |
| KN20-02 | 32.10 | 33.00 | 0.90 | 1.09 |
| 111.00 | 115.90 | 4.90 | 0.94 | |
| including | 115.50 | 115.90 | 0.40 | 4.26 |
| 169.00 | 172.00 | 3.00 | 1.22 | |
| including | 169.00 | 170.00 | 1.00 | 3.11 |
| 175.00 | 177.00 | 2.00 | 0.42 | |
| KN20-03 | 43.50 | 44.00 | 0.50 | 0.24 |
| 104.00 | 109.00 | 5.00 | 1.48 | |
| including | 105.00 | 106.00 | 1.00 | 5.63 |
| 175.00 | 176.10 | 1.10 | 2.06 | |
| 198.00 | 199.00 | 1.00 | 0.22 | |
| KN20-04 | 52.40 | 54.00 | 1.60 | 0.41 |
| 96.00 | 100.00 | 4.00 | 0.26 | |
| 172.00 | 174.00 | 2.00 | 1.03 | |
| 227.00 | 228.50 | 1.50 | 1.41 | |
| 248.50 | 249.00 | 0.50 | 1.24 | |
| KN19-06 | 62.50 | 67.50 | 5.00 | 0.49 |
| 138.75 | 143.00 | 4.25 | 14.07 | |
| including | 142.00 | 143.00 | 1.00 | 59.60 |
| 177.00 | 178.00 | 1.00 | 0.93 | |
| KN19-07 | 70.65 | 78.15 | 7.50 | 1.00 |
| including | 75.00 | 76.05 | 1.05 | 2.14 |
| 182.00 | 182.65 | 0.65 | 0.81 | |
| 183.00 | 184.00 | 1.00 | 1.29 | |
| KN19-08 | 66.00 | 67.00 | 1.00 | 1.30 |
| 67.00 | 67.70 | 0.70 | 0.94 | |
| 203.70 | 204.00 | 0.30 | 0.84 | |
| 204.00 | 205.00 | 1.00 | 2.02 | |
| KN19-09 | 95.00 | 96.00 | 1.00 | 1.08 |
| 98.00 | 100.00 | 2.00 | 5.39 | |
| including | 98.00 | 99.00 | 1.00 | 9.21 |
| including | 99.00 | 100.00 | 1.00 | 1.57 |
| 242.10 | 243.00 | 0.90 | 4.94 | |
| KN19-10 | 57.00 | 57.25 | 0.25 | 2.90 |
| 60.00 | 61.00 | 1.00 | 2.91 | |
| 162.00 | 163.00 | 1.00 | 1.54 | |
| KN18-01 | 84.70 | 95.65 | 10.95 | 1.35 |
| 84.70 | 86.10 | 1.40 | 2.04 | |
| 89.55 | 90.55 | 1.00 | 4.01 | |
| 94.55 | 95.65 | 1.10 | 3.34 | |
| KN18-02 | 67.05 | 77.05 | 10.00 | 0.25 |
| 83.00 | 87.50 | 4.50 | 0.21 | |
| KN18-03 | 57.05 | 63.60 | 6.55 | 0.45 |
| 65.60 | 66.65 | 1.05 | 0.53 | |
| KN18-05 | NSV | |||
| KN17-01 | 59.90 | 73.60 | 13.70 | 1.20 |
| KN17-02 | 10.40 | 15.20 | 4.80 | 0.65 |
| 96009 # | 67.05 | 77.80 | 10.75 | 3.45 |
| 200707 # | 83.50 | 93.50 | 10.00 | 3.20 |
| 200707 # | 81.50 | 94.50 | 13.00 | 2.92 |
| 200714 # | 135.80 | 143.80 | 8.00 | 3.11 |
| KNA01001 # | 55.00 | 69.45 | 14.45 | 2.13 |
| 200710 # | 190.50 | 197.20 | 6.70 | 2.01 |
| 200715 # | 118.80 | 123.80 | 5.00 | 2.89 |
| # results reported by previous operator | ||||
Historic Drill Results Knaften 300 Gold Zone Area from 1995 to 2008
| Hole_ID | Easting (m) | Northing (m) | Azimuth/Dip | Length (m) | From (m) | To (m) | Length (m) | Au (g/t) |
| 200301 | 1634751 | 7150647 | 360/-90 | 80.3 | 64.05 | 73.05 | 9.00 | 0.70 |
| 200302 | 1634845 | 7150534 | 360/-90 | 79.4 | 71.80 | 75.80 | 4.00 | 0.33 |
| 200303 | 1634742 | 7150611 | 360/-90 | 74.9 | 55.10 | 60.10 | 5.00 | 0.24 |
| 200304 | 1634672 | 7150694 | 360/-90 | 77.6 | 55.45 | 62.45 | 7.00 | 0.46 |
| 200601 | 1634714 | 7150702 | 270/-65 | 167.6 | 64.50 | 73.50 | 9.00 | 1.14 |
| 200602 | 1634717 | 7150565 | 270/-65 | 152.4 | NSV | |||
| 200603 | 1634684 | 7150438 | 270/-65 | 190.4 | 47.00 | 52.40 | 5.40 | 0.89 |
| 200604 | 1634587 | 7150182 | 270/-45 | 200.1 | 79.10 | 82.60 | 3.50 | 0.99 |
| 200701 | 1634680 | 7150183 | 270/-45 | 200.1 | 96.30 | 108.70 | 12.40 | 0.51 |
| 200702 | 1634800 | 7150186 | 270/-55 | 202.0 | 134.65 | 135.65 | 1.00 | 0.80 |
| 200703 | 1634470 | 7150585 | 270/-55 | 105.3 | 21.50 | 22.50 | 1.00 | 0.50 |
| 200704 | 1634519 | 7150585 | 270/-55 | 84.1 | 27.20 | 32.30 | 5.10 | 0.22 |
| 200705 | 1634528 | 7150585 | 270/-55 | 154.0 | 29.40 | 29.60 | 0.20 | 3.30 |
| 200706 | 1634577 | 7150588 | 270/-55 | 201.3 | 47.15 | 48.15 | 1.00 | 1.64 |
| 200707 | 1634763 | 7150709 | 270/-55 | 220.2 | 83.50 | 93.50 | 10.00 | 3.20 |
| 200708 | 1634808 | 7150701 | 270/-55 | 218.3 | 93.10 | 96.10 | 3.00 | 1.01 |
| 200709 | 1634964 | 7150488 | 270/-55 | 211.9 | 93.40 | 94.40 | 1.00 | 0.59 |
| 200710 | 1634913 | 7150488 | 270/-55 | 209.4 | 190.50 | 197.20 | 6.70 | 2.01 |
| 200711 | 1635012 | 7150495 | 270/-55 | 140.0 | 89.80 | 92.80 | 3.00 | 0.98 |
| 200712 | 1634768 | 7150758 | 270/-55 | 134.5 | 85.55 | 86.55 | 1.00 | 0.74 |
| 200713 | 1634715 | 7150753 | 270/-55 | 200.3 | 73.80 | 74.50 | 0.70 | 0.70 |
| 200714 | 1634702 | 7150086 | 270/-55 | 160.0 | 135.80 | 143.80 | 8.00 | 3.11 |
| 200715 | 1634659 | 7150086 | 270/-55 | 150.0 | 118.80 | 123.80 | 5.00 | 2.89 |
| 200716 | 1634422 | 7150736 | 270/-55 | 161.3 | NSV | |||
| 200717 | 1634358 | 7150737 | 270/-55 | 148.7 | NSV | |||
| 200718 | 1634559 | 7150435 | 270/-55 | 148.8 | 16.75 | 20.75 | 4.00 | 1.80 |
| 200719 | 1634608 | 7150445 | 270/-55 | 140.3 | 14.50 | 17.50 | 3.00 | 3.42 |
| 200720 | 1634507 | 7150446 | 270/-55 | 139.0 | 22.50 | 24.50 | 2.00 | 0.64 |
| 200801 | 1634706 | 7150087 | 270/-55 | 200.5 | no assays reported | |||
| 200802 | 1634704 | 7150087 | 270/-55 | 167.4 | no assays reported | |||
| 200803 | 1634613 | 7150040 | 270/-55 | 159.2 | no assays reported | |||
| 200804 | 1634660 | 7150042 | 270/-55 | 169.0 | 68.00 | 69.00 | 1.00 | 0.68 |
| 200805 | 1634661 | 7150139 | 270/-55 | 149.3 | 89.20 | 90.20 | 1.00 | 1.14 |
| 200806 | 1634612 | 7150140 | 270/-55 | 122.6 | 62.00 | 63.00 | 1.00 | 1.48 |
| 200807 | 1634613 | 7150390 | 270/-55 | 116.3 | 34.00 | 35.00 | 1.00 | 1.58 |
| 200808 | 1634559 | 7150384 | 270/-55 | 101.4 | 35.35 | 41.20 | 5.85 | 0.48 |
| 200809 | 1634552 | 7150336 | 270/-55 | 101.4 | 28.35 | 42.20 | 13.85 | 0.46 |
| 200810 | 1634521 | 7150340 | 270/-55 | 92.2 | 19.20 | 20.20 | 1.00 | 3.21 |
| 200811 | 1634610 | 7150343 | 270/-55 | 94.8 | 49.35 | 55.35 | 6.00 | 1.64 |
| 200812 | 1634861 | 7150464 | 270/-55 | 203.3 | 163.20 | 173.45 | 10.25 | 1.13 |
| 200813 | 1634811 | 7150464 | 270/-55 | 221.5 | 77.15 | 78.15 | 1.00 | 5.56 |
| 200814 | 1634689 | 7150239 | 270/-55 | 108.2 | 18.30 | 19.15 | 0.85 | 1.44 |
| 200815 | 1634639 | 7150239 | 270/-55 | 100.0 | 35.95 | 36.95 | 1.00 | 0.32 |
| 95001 | 1634927 | 7150436 | 320/-50 | 134.8 | 84.57 | 84.79 | 0.22 | 7.79 |
| 95002 | 1634835 | 7150545 | 320/-40 | 138.3 | 79.30 | 93.96 | 14.66 | 0.35 |
| 95003 | 1634745 | 7150652 | 320/-50 | 55.5 | no assays reported | |||
| 95004 | 1634709 | 7150384 | 320/-45 | 139.1 | 66.86 | 69.44 | 2.58 | 0.37 |
| 95005 | 1634680 | 7150419 | 320/-45 | 120.0 | 26.45 | 29.03 | 2.58 | 0.58 |
| 95006 | 1634655 | 7150449 | 320/-45 | 101.4 | no assays reported | |||
| 95007 | 1634629 | 7150480 | 320/-45 | 57.4 | no assays reported | |||
| 95008 | 1634716 | 7150688 | 320/-45 | 152.0 | 75.75 | 82.99 | 7.24 | 1.29 |
| 96008 | 1634474 | 7151039 | 095/-45 | 300.1 | no assays reported | |||
| 96009 | 1634719 | 7150684 | 320/-70 | 150.0 | 67.05 | 77.80 | 10.75 | 3.45 |
| KNA01001 | 1634701 | 7150668 | 320/-70 | 91.0 | 55.00 | 69.45 | 14.45 | 2.13 |
| KNA01002 | 1634740 | 7150698 | 320/-70 | 101.0 | 77.78 | 80.00 | 2.22 | 1.98 |
| KNA01003 | 1634733 | 7150630 | 320/-70 | 87.0 | 60.00 | 68.00 | 8.00 | 0.64 |
| KNARC001 | 1634802 | 7150516 | 232/-65 | 150.4 | 66.00 | 67.00 | 1.00 | 0.87 |
| KNARC002 | 1634872 | 7150577 | 230/-70 | 150.4 | 75.00 | 76.00 | 1.00 | 0.44 |
| co-ordinates in RT90 standard | ||||||||
Rodingtrask Drill Results (2018 and 2019)
The first hole testing a large electromagnetic conductor from a survey completed by Gungnir encountered 120 metres of mineralization hosted in a black conglomerate (likely debris flow). Discovery hole KN18-07 demonstrated widespread anomalous Zn, Cu and Ag across the entire mineralized conglomerate; grading 0.24% ZnEq over 120.50 metres, including 0.35% ZnEq over 28.2 metres at its base.
Long core intervals of base metal-enrichment were received in the final holes at the Rodingtrask target. Results show strongly elevated VMS metals (> 500 ppm Zn + Cu) in 70% of drill core sampled (as reference, this compares to less than 15% of samples showing these levels in the Company’s prospecting programs in the Knaften region). The strongest sulphide mineralization occurs with silicified rock below a prominent marker “exhalite” horizon at the base of the host argillaceous conglomerate (“conglomerate”). Anomalous gold was returned in strongly altered mafic volcanics near the end of hole KN18-10.
Hole KN18-10: intersected 120 metres of mineralized conglomerate including 28.5m @ 0.44% ZnEq from 109.5 to 139.0m at its base, and 0.2 g/t Au over 4.05m starting at 207.65m including 0.88 g/t Au over 0.6m in the footwall.
Hole KN18-09: intersected 230 metres of mineralized conglomerate including 21.2m @ 0.43% ZnEq from 171.3 to 192.5m at its base.
Hole KN18-08: hole was drilled down-dip and stopped at a depth of 87m but did hit interweaving conglomerate-hosted sulphide mineralization over 25 metres including 587 ppm (Zn + Cu) over 10.2m. This hole is estimated to be about 100 metres stratigraphically above the marker horizon hit in holes 7 (previously reported), 9 and 10.
In 2019, five additional holes were completed. Holes KN19-01 to -05, all encountered variably anomalous base metals.
To date, Gungnir has completed just nine holes in this large area of the property, and the Company is now in a position where it can start utilizing drill results (for metal vectors) to tighten the search area for a potential massive sulphide deposit at Rodingtrask.
The Company continues to review follow-up strategies for further evaluation of this target.
Nickel-Copper Discovery Drill Results (2017 and 2018)
Drill discovery of new, highly anomalous copper-nickel sulphides hosted in layered gabbro; up to 0.53% combined Cu+Ni in assays and high Cu tenor. KN17-05 drilled 212 metres of layered gabbro (its entire length) hosting three separate magmatic sulphide mineralized sections ranging from 0.3 to 6 metres consisting of variably disseminated, net-textured and blebby pyrrhotite with chalcopyrite. Tenors for individual samples ranged from 0.79 to 14.14% Cu and 0.54 to 2.06% Ni in 100% sulphide.
Hole KN18-06 followed-up last year’s discovery of Cu-Ni bearing sulphides. KN18-06 drilled mainly gabbroic rocks, cutting a magmatic sulphide interval assaying 0.38% CuEq over a core length of 14.35m.
The Company continues to review follow-up strategies for further evaluation of this target.
Analytical Methods and QA/QC
All 2017-2020 results have been disclosed in Gungnir Resources news releases. Samples were tested at ALS Laboratories in Galway, Ireland. Cutting of drill core and sample preparation was completed by ALS in Mala Sweden. A 51-element package (ultra trace level method ME-MS41) by Aqua Regia and ICP-AES/ICP-MS was employed and method Au-ICP21, a 30-gram fire assay with ICP-AES finish, was used for gold analysis. Control samples (accredited gold standards and blanks) were inserted into the sample sequence on a regular basis to monitor precision of results. All results above are core lengths and may not represent the true width of the mineralization.
All intersections in the above tables are core lengths.
The technical information above 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.