# Gungnir Drills 6.10 Metres of 2.47% Nickel Including Peak Assay of 7.36% Nickel and Hits Main Zone 100 Metres Below Lappvattnet Nickel Resource

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb

Original source: https://money.tmx.com/en/quote/GUG/news/8761267799822459/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an

Publisher: tmx

Original announcement: 2023-09-28T17:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Gungnir Resources Inc.

- Ticker: GUG

- Exchange: TSX

- Region: northern Sweden

- Primary commodity: Nickel

- Secondary commodities: Copper, Cobalt, Platinum, Palladium, Gold

- Document categories: Drill results

- Extracted: 2026-08-25 15:07:36 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Gungnir Resources announced 2023 drill results from its Lappvattnet nickel project in northern Sweden, highlighted by a 6.10-metre intercept of 2.47% nickel, including a peak assay of 7.36% nickel. The drilling successfully extended the Main Zone 100 metres below the current resource and further defined the recently discovered Footwall Zone, demonstrating significant potential for resource expansion.

Reasoning: Gungnir Resources reported high-grade nickel drill results from its Lappvattnet project, including a peak assay of 7.36% Ni, and successfully extended the Main Zone 100 metres below the existing resource, indicating significant potential for resource expansion and de-risking.

- Positive factor: High-grade nickel intercepts

- Positive factor: Extension of Main Zone 100m below current resource

- Positive factor: Discovery/definition of Footwall Zone

- Positive factor: Good QA/QC disclosure

Facts used in scoring: 85

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 0.55 metres at 7.36% Ni in LAP23-01 significantly exceeds the exceptional threshold of 3% Ni for underground nickel deposits.

Evidence · table

> 7.36

Context: 0.55

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The 'ETW %' column in the results table provides the estimated true width as a percentage of core length for all reported intercepts.

Evidence · table

> ETW %

Context: Length \(m\)

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The document highlights a 'Main Zone intercept 100 metres below current nickel resource' and states that drilling 'continued to define and expand the limits' of the zones.

Evidence · text

> Main Zone intercept 100 metres below current nickel resource

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release explicitly mentions the use of blanks, certified standards, and duplicates for quality assurance and control, and names ALS Minerals as the laboratory.

Evidence · text

> Blanks, certified standards and duplicates are routinely included in sample batches for quality assurance and control.

**QP/CP Signed**

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Jari Paakki, P.Geo., CEO, and a director of the Company, is stated as a Qualified Person under National Instrument 43-101 and approved the technical information.

Evidence · text

> 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.

## Extracted facts

Stored fact records: 85. Some facts used in scoring do not have a stored record.

## Drill Results (85)

### LAP23-01

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-0)

Lappvattnet · nickel

#### Identity

- Hole ID: LAP23-01
- Project: Lappvattnet
- Commodity: nickel
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 1.88
- Grade Unit: %
- Intercept: 8.9 m
- True Width: 8.01 m
- From: 66 m
- To: 74.9 m
- Hole Depth: 150 m
- Intercept Depth: 66 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-01:66.0-74.9
- Mining Method: underground

#### Location

- Easting: 1741710
- Northing: 7165216
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -55 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The intercept of 8.90 metres at 1.88% Ni is a strong grade for an underground nickel deposit, contributing positively to the overall resource potential.

- Positive factor: Strong nickel grade for underground mining

- Positive factor: Good intercept length

- Positive factor: True width disclosed

Evidence · table

> 1.88

Context: 8.90

### LAP23-01

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-1)

Lappvattnet · copper

#### Identity

- Hole ID: LAP23-01
- Project: Lappvattnet
- Commodity: copper
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.2
- Grade Unit: %
- Intercept: 8.9 m
- True Width: 8.01 m
- From: 66 m
- To: 74.9 m
- Hole Depth: 150 m
- Intercept Depth: 66 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-01:66.0-74.9
- Mining Method: underground

#### Location

- Easting: 1741710
- Northing: 7165216
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -55 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The copper grade of 0.20% is a minor byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.20

Context: 8.90

### LAP23-01

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-2)

Lappvattnet · cobalt

#### Identity

- Hole ID: LAP23-01
- Project: Lappvattnet
- Commodity: cobalt
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.03
- Grade Unit: %
- Intercept: 8.9 m
- True Width: 8.01 m
- From: 66 m
- To: 74.9 m
- Hole Depth: 150 m
- Intercept Depth: 66 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-01:66.0-74.9
- Mining Method: underground

#### Location

- Easting: 1741710
- Northing: 7165216
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -55 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The cobalt grade of 0.03% is a minor byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.03

Context: 8.90

### LAP23-01

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-3)

Lappvattnet · pge

#### Identity

- Hole ID: LAP23-01
- Project: Lappvattnet
- Commodity: pge
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.18
- Grade Unit: g/t
- Intercept: 8.9 m
- True Width: 8.01 m
- From: 66 m
- To: 74.9 m
- Hole Depth: 150 m
- Intercept Depth: 66 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-01:66.0-74.9
- Mining Method: underground

#### Location

- Easting: 1741710
- Northing: 7165216
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -55 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The PGE grade of 0.18 g/t is a minor byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.18

Context: 8.90

### LAP23-01

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-4)

Lappvattnet · nickel

#### Identity

- Hole ID: LAP23-01
- Project: Lappvattnet
- Commodity: nickel
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 2.47
- Grade Unit: %
- Intercept: 6.1 m
- True Width: 5.49 m
- From: 66 m
- To: 72.1 m
- Hole Depth: 150 m
- Intercept Depth: 66 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-01:66.0-72.1
- Mining Method: underground

#### Location

- Easting: 1741710
- Northing: 7165216
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -55 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The intercept of 6.10 metres at 2.47% Ni is a strong grade for an underground nickel deposit, indicating good mineralization continuity.

- Positive factor: Strong nickel grade for underground mining

- Positive factor: Good intercept length

- Positive factor: True width disclosed

Evidence · table

> 2.47

Context: 6.10

### LAP23-01

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-5)

Lappvattnet · copper

#### Identity

- Hole ID: LAP23-01
- Project: Lappvattnet
- Commodity: copper
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.25
- Grade Unit: %
- Intercept: 6.1 m
- True Width: 5.49 m
- From: 66 m
- To: 72.1 m
- Hole Depth: 150 m
- Intercept Depth: 66 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-01:66.0-72.1
- Mining Method: underground

#### Location

- Easting: 1741710
- Northing: 7165216
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -55 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The copper grade of 0.25% is a minor byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.25

Context: 6.10

### LAP23-01

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-6)

Lappvattnet · cobalt

#### Identity

- Hole ID: LAP23-01
- Project: Lappvattnet
- Commodity: cobalt
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.04
- Grade Unit: %
- Intercept: 6.1 m
- True Width: 5.49 m
- From: 66 m
- To: 72.1 m
- Hole Depth: 150 m
- Intercept Depth: 66 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-01:66.0-72.1
- Mining Method: underground

#### Location

- Easting: 1741710
- Northing: 7165216
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -55 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The cobalt grade of 0.04% is a minor byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.04

Context: 6.10

### LAP23-01

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-7)

Lappvattnet · pge

#### Identity

- Hole ID: LAP23-01
- Project: Lappvattnet
- Commodity: pge
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.24
- Grade Unit: g/t
- Intercept: 6.1 m
- True Width: 5.49 m
- From: 66 m
- To: 72.1 m
- Hole Depth: 150 m
- Intercept Depth: 66 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-01:66.0-72.1
- Mining Method: underground

#### Location

- Easting: 1741710
- Northing: 7165216
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -55 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The PGE grade of 0.24 g/t is a minor byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.24

Context: 6.10

### LAP23-01

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-8)

Lappvattnet · nickel

#### Identity

- Hole ID: LAP23-01
- Project: Lappvattnet
- Commodity: nickel
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 4.81
- Grade Unit: %
- Intercept: 2.75 m
- True Width: 2.475 m
- From: 69.35 m
- To: 72.1 m
- Hole Depth: 150 m
- Intercept Depth: 69.35 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-01:69.35-72.1
- Mining Method: underground

#### Location

- Easting: 1741710
- Northing: 7165216
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -55 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The intercept of 2.75 metres at 4.81% Ni is an exceptional grade for an underground nickel deposit, significantly enhancing the overall prospectivity.

- Positive factor: Exceptional nickel grade for underground mining

- Positive factor: Good intercept length

- Positive factor: True width disclosed

Evidence · table

> 4.81

Context: 2.75

### LAP23-01

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-9)

Lappvattnet · copper

#### Identity

- Hole ID: LAP23-01
- Project: Lappvattnet
- Commodity: copper
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.24
- Grade Unit: %
- Intercept: 2.75 m
- True Width: 2.475 m
- From: 69.35 m
- To: 72.1 m
- Hole Depth: 150 m
- Intercept Depth: 69.35 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-01:69.35-72.1
- Mining Method: underground

#### Location

- Easting: 1741710
- Northing: 7165216
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -55 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The copper grade of 0.24% is a minor byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.24

Context: 2.75

### LAP23-01

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-10)

Lappvattnet · cobalt

#### Identity

- Hole ID: LAP23-01
- Project: Lappvattnet
- Commodity: cobalt
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.08
- Grade Unit: %
- Intercept: 2.75 m
- True Width: 2.475 m
- From: 69.35 m
- To: 72.1 m
- Hole Depth: 150 m
- Intercept Depth: 69.35 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-01:69.35-72.1
- Mining Method: underground

#### Location

- Easting: 1741710
- Northing: 7165216
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -55 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The cobalt grade of 0.08% is a minor byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.08

Context: 2.75

### LAP23-01

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-11)

Lappvattnet · pge

#### Identity

- Hole ID: LAP23-01
- Project: Lappvattnet
- Commodity: pge
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.45
- Grade Unit: g/t
- Intercept: 2.75 m
- True Width: 2.475 m
- From: 69.35 m
- To: 72.1 m
- Hole Depth: 150 m
- Intercept Depth: 69.35 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-01:69.35-72.1
- Mining Method: underground

#### Location

- Easting: 1741710
- Northing: 7165216
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -55 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The PGE grade of 0.45 g/t is a minor byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.45

Context: 2.75

### LAP23-01

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-12)

Lappvattnet · nickel

#### Identity

- Hole ID: LAP23-01
- Project: Lappvattnet
- Commodity: nickel
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 7.36
- Grade Unit: %
- Intercept: 0.55 m
- True Width: 0.495 m
- From: 69.93 m
- To: 70.48 m
- Hole Depth: 150 m
- Intercept Depth: 69.93 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-01:69.93-70.48
- Mining Method: underground

#### Location

- Easting: 1741710
- Northing: 7165216
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -55 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The intercept of 0.55 metres at 7.36% Ni is a bonanza grade for an underground nickel deposit, representing a significant high-grade zone.

- Positive factor: Bonanza nickel grade for underground mining

- Positive factor: True width disclosed

Evidence · table

> 7.36

Context: 0.55

### LAP23-01

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-13)

Lappvattnet · copper

#### Identity

- Hole ID: LAP23-01
- Project: Lappvattnet
- Commodity: copper
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.02
- Grade Unit: %
- Intercept: 0.55 m
- True Width: 0.495 m
- From: 69.93 m
- To: 70.48 m
- Hole Depth: 150 m
- Intercept Depth: 69.93 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-01:69.93-70.48
- Mining Method: underground

#### Location

- Easting: 1741710
- Northing: 7165216
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -55 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The copper grade of 0.02% is a trace byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.02

Context: 0.55

### LAP23-01

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-14)

Lappvattnet · cobalt

#### Identity

- Hole ID: LAP23-01
- Project: Lappvattnet
- Commodity: cobalt
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.12
- Grade Unit: %
- Intercept: 0.55 m
- True Width: 0.495 m
- From: 69.93 m
- To: 70.48 m
- Hole Depth: 150 m
- Intercept Depth: 69.93 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-01:69.93-70.48
- Mining Method: underground

#### Location

- Easting: 1741710
- Northing: 7165216
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -55 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The cobalt grade of 0.12% is a minor byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.12

Context: 0.55

### LAP23-01

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-15)

Lappvattnet · pge

#### Identity

- Hole ID: LAP23-01
- Project: Lappvattnet
- Commodity: pge
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.25
- Grade Unit: g/t
- Intercept: 0.55 m
- True Width: 0.495 m
- From: 69.93 m
- To: 70.48 m
- Hole Depth: 150 m
- Intercept Depth: 69.93 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-01:69.93-70.48
- Mining Method: underground

#### Location

- Easting: 1741710
- Northing: 7165216
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -55 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The PGE grade of 0.25 g/t is a minor byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.25

Context: 0.55

### LAP23-02

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-16)

Lappvattnet · nickel

#### Identity

- Hole ID: LAP23-02
- Project: Lappvattnet
- Commodity: nickel
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.67
- Grade Unit: %
- Intercept: 7.8 m
- True Width: 4.68 m
- From: 110 m
- To: 117.8 m
- Hole Depth: 210 m
- Intercept Depth: 110 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-02:110.0-117.8
- Mining Method: underground

#### Location

- Easting: 1741710
- Northing: 7165216
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -78 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The intercept of 7.80 metres at 0.67% Ni is a weak grade for an underground nickel deposit, but still contributes to defining the Main Zone.

- Positive factor: Good intercept length

- Positive factor: True width disclosed

Evidence · table

> 0.67

Context: 7.80

### LAP23-02

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-17)

Lappvattnet · copper

#### Identity

- Hole ID: LAP23-02
- Project: Lappvattnet
- Commodity: copper
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.21
- Grade Unit: %
- Intercept: 7.8 m
- True Width: 4.68 m
- From: 110 m
- To: 117.8 m
- Hole Depth: 210 m
- Intercept Depth: 110 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-02:110.0-117.8
- Mining Method: underground

#### Location

- Easting: 1741710
- Northing: 7165216
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -78 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The copper grade of 0.21% is a minor byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.21

Context: 7.80

### LAP23-02

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-18)

Lappvattnet · cobalt

#### Identity

- Hole ID: LAP23-02
- Project: Lappvattnet
- Commodity: cobalt
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.01
- Grade Unit: %
- Intercept: 7.8 m
- True Width: 4.68 m
- From: 110 m
- To: 117.8 m
- Hole Depth: 210 m
- Intercept Depth: 110 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-02:110.0-117.8
- Mining Method: underground

#### Location

- Easting: 1741710
- Northing: 7165216
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -78 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The cobalt grade of 0.01% is a trace byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.01

Context: 7.80

### LAP23-02

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-19)

Lappvattnet · pge

#### Identity

- Hole ID: LAP23-02
- Project: Lappvattnet
- Commodity: pge
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.16
- Grade Unit: g/t
- Intercept: 7.8 m
- True Width: 4.68 m
- From: 110 m
- To: 117.8 m
- Hole Depth: 210 m
- Intercept Depth: 110 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-02:110.0-117.8
- Mining Method: underground

#### Location

- Easting: 1741710
- Northing: 7165216
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -78 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The PGE grade of 0.16 g/t is a minor byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.16

Context: 7.80

### LAP23-02

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-20)

Lappvattnet · nickel

#### Identity

- Hole ID: LAP23-02
- Project: Lappvattnet
- Commodity: nickel
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.56
- Grade Unit: %
- Intercept: 16.9 m
- True Width: 10.14 m
- From: 131 m
- To: 147.9 m
- Hole Depth: 210 m
- Intercept Depth: 131 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-02:131.0-147.9
- Mining Method: underground

#### Location

- Easting: 1741710
- Northing: 7165216
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -78 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The intercept of 16.90 metres at 0.56% Ni is a weak grade for an underground nickel deposit, but its significant length and contribution to defining the Footwall Zone are positive.

- Positive factor: Good intercept length

- Positive factor: True width disclosed

- Positive factor: Defines Footwall Zone

Evidence · table

> 0.56

Context: 16.90

### LAP23-02

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-21)

Lappvattnet · copper

#### Identity

- Hole ID: LAP23-02
- Project: Lappvattnet
- Commodity: copper
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.08
- Grade Unit: %
- Intercept: 16.9 m
- True Width: 10.14 m
- From: 131 m
- To: 147.9 m
- Hole Depth: 210 m
- Intercept Depth: 131 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-02:131.0-147.9
- Mining Method: underground

#### Location

- Easting: 1741710
- Northing: 7165216
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -78 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The copper grade of 0.08% is a trace byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.08

Context: 16.90

### LAP23-02

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-22)

Lappvattnet · cobalt

#### Identity

- Hole ID: LAP23-02
- Project: Lappvattnet
- Commodity: cobalt
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.01
- Grade Unit: %
- Intercept: 16.9 m
- True Width: 10.14 m
- From: 131 m
- To: 147.9 m
- Hole Depth: 210 m
- Intercept Depth: 131 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-02:131.0-147.9
- Mining Method: underground

#### Location

- Easting: 1741710
- Northing: 7165216
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -78 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The cobalt grade of 0.01% is a trace byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.01

Context: 16.90

### LAP23-02

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-23)

Lappvattnet · pge

#### Identity

- Hole ID: LAP23-02
- Project: Lappvattnet
- Commodity: pge
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.13
- Grade Unit: g/t
- Intercept: 16.9 m
- True Width: 10.14 m
- From: 131 m
- To: 147.9 m
- Hole Depth: 210 m
- Intercept Depth: 131 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-02:131.0-147.9
- Mining Method: underground

#### Location

- Easting: 1741710
- Northing: 7165216
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -78 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The PGE grade of 0.13 g/t is a minor byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.13

Context: 16.90

### LAP23-03

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-24)

Lappvattnet · nickel

#### Identity

- Hole ID: LAP23-03
- Project: Lappvattnet
- Commodity: nickel
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.89
- Grade Unit: %
- Intercept: 7 m
- True Width: 6.3 m
- From: 116 m
- To: 123 m
- Hole Depth: 199 m
- Intercept Depth: 116 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-03:116.0-123.0
- Mining Method: underground

#### Location

- Easting: 1741839
- Northing: 7165215
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -52 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The intercept of 7.00 metres at 0.89% Ni is a moderate grade for an underground nickel deposit, contributing to the definition of the Main Zone.

- Positive factor: Moderate nickel grade for underground mining

- Positive factor: Good intercept length

- Positive factor: True width disclosed

Evidence · table

> 0.89

Context: 7.00

### LAP23-03

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-25)

Lappvattnet · copper

#### Identity

- Hole ID: LAP23-03
- Project: Lappvattnet
- Commodity: copper
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.14
- Grade Unit: %
- Intercept: 7 m
- True Width: 6.3 m
- From: 116 m
- To: 123 m
- Hole Depth: 199 m
- Intercept Depth: 116 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-03:116.0-123.0
- Mining Method: underground

#### Location

- Easting: 1741839
- Northing: 7165215
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -52 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The copper grade of 0.14% is a trace byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.14

Context: 7.00

### LAP23-03

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-26)

Lappvattnet · cobalt

#### Identity

- Hole ID: LAP23-03
- Project: Lappvattnet
- Commodity: cobalt
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.02
- Grade Unit: %
- Intercept: 7 m
- True Width: 6.3 m
- From: 116 m
- To: 123 m
- Hole Depth: 199 m
- Intercept Depth: 116 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-03:116.0-123.0
- Mining Method: underground

#### Location

- Easting: 1741839
- Northing: 7165215
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -52 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The cobalt grade of 0.02% is a trace byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.02

Context: 7.00

### LAP23-03

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-27)

Lappvattnet · pge

#### Identity

- Hole ID: LAP23-03
- Project: Lappvattnet
- Commodity: pge
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.1
- Grade Unit: g/t
- Intercept: 7 m
- True Width: 6.3 m
- From: 116 m
- To: 123 m
- Hole Depth: 199 m
- Intercept Depth: 116 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-03:116.0-123.0
- Mining Method: underground

#### Location

- Easting: 1741839
- Northing: 7165215
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -52 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The PGE grade of 0.10 g/t is a minor byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.10

Context: 7.00

### LAP23-03

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-28)

Lappvattnet · nickel

#### Identity

- Hole ID: LAP23-03
- Project: Lappvattnet
- Commodity: nickel
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 3.97
- Grade Unit: %
- Intercept: 0.9 m
- True Width: 0.81 m
- From: 121.6 m
- To: 122.5 m
- Hole Depth: 199 m
- Intercept Depth: 121.6 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-03:121.6-122.5
- Mining Method: underground

#### Location

- Easting: 1741839
- Northing: 7165215
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -52 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The intercept of 0.90 metres at 3.97% Ni is an exceptional grade for an underground nickel deposit, indicating a high-grade zone within the broader mineralization.

- Positive factor: Exceptional nickel grade for underground mining

- Positive factor: True width disclosed

Evidence · table

> 3.97

Context: 0.90

### LAP23-03

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-29)

Lappvattnet · copper

#### Identity

- Hole ID: LAP23-03
- Project: Lappvattnet
- Commodity: copper
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.23
- Grade Unit: %
- Intercept: 0.9 m
- True Width: 0.81 m
- From: 121.6 m
- To: 122.5 m
- Hole Depth: 199 m
- Intercept Depth: 121.6 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-03:121.6-122.5
- Mining Method: underground

#### Location

- Easting: 1741839
- Northing: 7165215
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -52 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The copper grade of 0.23% is a minor byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.23

Context: 0.90

### LAP23-03

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-30)

Lappvattnet · cobalt

#### Identity

- Hole ID: LAP23-03
- Project: Lappvattnet
- Commodity: cobalt
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.07
- Grade Unit: %
- Intercept: 0.9 m
- True Width: 0.81 m
- From: 121.6 m
- To: 122.5 m
- Hole Depth: 199 m
- Intercept Depth: 121.6 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-03:121.6-122.5
- Mining Method: underground

#### Location

- Easting: 1741839
- Northing: 7165215
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -52 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The cobalt grade of 0.07% is a minor byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.07

Context: 0.90

### LAP23-03

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-31)

Lappvattnet · pge

#### Identity

- Hole ID: LAP23-03
- Project: Lappvattnet
- Commodity: pge
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.24
- Grade Unit: g/t
- Intercept: 0.9 m
- True Width: 0.81 m
- From: 121.6 m
- To: 122.5 m
- Hole Depth: 199 m
- Intercept Depth: 121.6 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-03:121.6-122.5
- Mining Method: underground

#### Location

- Easting: 1741839
- Northing: 7165215
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -52 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The PGE grade of 0.24 g/t is a minor byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.24

Context: 0.90

### LAP23-05

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-32)

Lappvattnet · nickel

#### Identity

- Hole ID: LAP23-05
- Project: Lappvattnet
- Commodity: nickel
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.23
- Grade Unit: %
- Intercept: 7 m
- True Width: 3.85 m
- From: 249 m
- To: 256 m
- Hole Depth: 303 m
- Intercept Depth: 249 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-05:249.0-256.0
- Mining Method: underground

#### Location

- Easting: 1741840
- Northing: 7165214
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -80 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The intercept of 7.00 metres at 0.23% Ni is below the weak threshold for an underground nickel deposit, indicating lower grade mineralization in the Footwall Zone.

- Positive factor: Good intercept length

- Positive factor: True width disclosed

Evidence · table

> 0.23

Context: 7.00

### LAP23-05

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-33)

Lappvattnet · copper

#### Identity

- Hole ID: LAP23-05
- Project: Lappvattnet
- Commodity: copper
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.09
- Grade Unit: %
- Intercept: 7 m
- True Width: 3.85 m
- From: 249 m
- To: 256 m
- Hole Depth: 303 m
- Intercept Depth: 249 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-05:249.0-256.0
- Mining Method: underground

#### Location

- Easting: 1741840
- Northing: 7165214
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -80 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The copper grade of 0.09% is a trace byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.09

Context: 7.00

### LAP23-05

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-34)

Lappvattnet · cobalt

#### Identity

- Hole ID: LAP23-05
- Project: Lappvattnet
- Commodity: cobalt
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.01
- Grade Unit: %
- Intercept: 7 m
- True Width: 3.85 m
- From: 249 m
- To: 256 m
- Hole Depth: 303 m
- Intercept Depth: 249 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-05:249.0-256.0
- Mining Method: underground

#### Location

- Easting: 1741840
- Northing: 7165214
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -80 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The cobalt grade of 0.01% is a trace byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.01

Context: 7.00

### LAP23-05

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-35)

Lappvattnet · pge

#### Identity

- Hole ID: LAP23-05
- Project: Lappvattnet
- Commodity: pge
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.08
- Grade Unit: g/t
- Intercept: 7 m
- True Width: 3.85 m
- From: 249 m
- To: 256 m
- Hole Depth: 303 m
- Intercept Depth: 249 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-05:249.0-256.0
- Mining Method: underground

#### Location

- Easting: 1741840
- Northing: 7165214
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -80 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The PGE grade of 0.08 g/t is a minor byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.08

Context: 7.00

### LAP23-07

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-36)

Lappvattnet · nickel

#### Identity

- Hole ID: LAP23-07
- Project: Lappvattnet
- Commodity: nickel
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.51
- Grade Unit: %
- Intercept: 7.4 m
- True Width: 6.29 m
- From: 130 m
- To: 137.4 m
- Hole Depth: 250 m
- Intercept Depth: 130 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-07:130.0-137.4
- Mining Method: underground

#### Location

- Easting: 1741950
- Northing: 7166265
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -60 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The intercept of 7.40 metres at 0.51% Ni is a weak grade for an underground nickel deposit, but contributes to defining the Main Zone.

- Positive factor: Good intercept length

- Positive factor: True width disclosed

Evidence · table

> 0.51

Context: 7.40

### LAP23-07

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-37)

Lappvattnet · copper

#### Identity

- Hole ID: LAP23-07
- Project: Lappvattnet
- Commodity: copper
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.3
- Grade Unit: %
- Intercept: 7.4 m
- True Width: 6.29 m
- From: 130 m
- To: 137.4 m
- Hole Depth: 250 m
- Intercept Depth: 130 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-07:130.0-137.4
- Mining Method: underground

#### Location

- Easting: 1741950
- Northing: 7166265
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -60 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The copper grade of 0.30% is a minor byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.30

Context: 7.40

### LAP23-07

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-38)

Lappvattnet · cobalt

#### Identity

- Hole ID: LAP23-07
- Project: Lappvattnet
- Commodity: cobalt
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.01
- Grade Unit: %
- Intercept: 7.4 m
- True Width: 6.29 m
- From: 130 m
- To: 137.4 m
- Hole Depth: 250 m
- Intercept Depth: 130 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-07:130.0-137.4
- Mining Method: underground

#### Location

- Easting: 1741950
- Northing: 7166265
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -60 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The cobalt grade of 0.01% is a trace byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.01

Context: 7.40

### LAP23-07

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-39)

Lappvattnet · pge

#### Identity

- Hole ID: LAP23-07
- Project: Lappvattnet
- Commodity: pge
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.01
- Grade Unit: g/t
- Intercept: 7.4 m
- True Width: 6.29 m
- From: 130 m
- To: 137.4 m
- Hole Depth: 250 m
- Intercept Depth: 130 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-07:130.0-137.4
- Mining Method: underground

#### Location

- Easting: 1741950
- Northing: 7166265
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -60 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The PGE grade of 0.01 g/t is a trace byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.01

Context: 7.40

### LAP23-07

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-40)

Lappvattnet · nickel

#### Identity

- Hole ID: LAP23-07
- Project: Lappvattnet
- Commodity: nickel
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 1.05
- Grade Unit: %
- Intercept: 2.3 m
- True Width: 1.955 m
- From: 135.1 m
- To: 137.4 m
- Hole Depth: 250 m
- Intercept Depth: 135.1 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-07:135.1-137.4
- Mining Method: underground

#### Location

- Easting: 1741950
- Northing: 7166265
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -60 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The intercept of 2.30 metres at 1.05% Ni is a strong grade for an underground nickel deposit, indicating good mineralization.

- Positive factor: Strong nickel grade for underground mining

- Positive factor: True width disclosed

Evidence · table

> 1.05

Context: 2.30

### LAP23-07

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-41)

Lappvattnet · copper

#### Identity

- Hole ID: LAP23-07
- Project: Lappvattnet
- Commodity: copper
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.59
- Grade Unit: %
- Intercept: 2.3 m
- True Width: 1.955 m
- From: 135.1 m
- To: 137.4 m
- Hole Depth: 250 m
- Intercept Depth: 135.1 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-07:135.1-137.4
- Mining Method: underground

#### Location

- Easting: 1741950
- Northing: 7166265
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -60 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The copper grade of 0.59% is a minor byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.59

Context: 2.30

### LAP23-07

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-42)

Lappvattnet · cobalt

#### Identity

- Hole ID: LAP23-07
- Project: Lappvattnet
- Commodity: cobalt
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.02
- Grade Unit: %
- Intercept: 2.3 m
- True Width: 1.955 m
- From: 135.1 m
- To: 137.4 m
- Hole Depth: 250 m
- Intercept Depth: 135.1 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-07:135.1-137.4
- Mining Method: underground

#### Location

- Easting: 1741950
- Northing: 7166265
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -60 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The cobalt grade of 0.02% is a trace byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.02

Context: 2.30

### LAP23-07

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-43)

Lappvattnet · pge

#### Identity

- Hole ID: LAP23-07
- Project: Lappvattnet
- Commodity: pge
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.03
- Grade Unit: g/t
- Intercept: 2.3 m
- True Width: 1.955 m
- From: 135.1 m
- To: 137.4 m
- Hole Depth: 250 m
- Intercept Depth: 135.1 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-07:135.1-137.4
- Mining Method: underground

#### Location

- Easting: 1741950
- Northing: 7166265
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -60 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The PGE grade of 0.03 g/t is a trace byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.03

Context: 2.30

### LAP23-07

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-44)

Lappvattnet · nickel

#### Identity

- Hole ID: LAP23-07
- Project: Lappvattnet
- Commodity: nickel
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 1.25
- Grade Unit: %
- Intercept: 0.35 m
- True Width: 0.2975 m
- From: 136.3 m
- To: 136.65 m
- Hole Depth: 250 m
- Intercept Depth: 136.3 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-07:136.3-136.65
- Mining Method: underground

#### Location

- Easting: 1741950
- Northing: 7166265
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -60 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The intercept of 0.35 metres at 1.25% Ni is a strong grade for an underground nickel deposit, indicating a high-grade zone.

- Positive factor: Strong nickel grade for underground mining

- Positive factor: True width disclosed

Evidence · table

> 1.25

Context: 0.35

### LAP23-07

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-45)

Lappvattnet · copper

#### Identity

- Hole ID: LAP23-07
- Project: Lappvattnet
- Commodity: copper
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 2.19
- Grade Unit: %
- Intercept: 0.35 m
- True Width: 0.2975 m
- From: 136.3 m
- To: 136.65 m
- Hole Depth: 250 m
- Intercept Depth: 136.3 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-07:136.3-136.65
- Mining Method: underground

#### Location

- Easting: 1741950
- Northing: 7166265
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -60 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The copper grade of 2.19% is a significant byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 2.19

Context: 0.35

### LAP23-07

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-46)

Lappvattnet · cobalt

#### Identity

- Hole ID: LAP23-07
- Project: Lappvattnet
- Commodity: cobalt
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.02
- Grade Unit: %
- Intercept: 0.35 m
- True Width: 0.2975 m
- From: 136.3 m
- To: 136.65 m
- Hole Depth: 250 m
- Intercept Depth: 136.3 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-07:136.3-136.65
- Mining Method: underground

#### Location

- Easting: 1741950
- Northing: 7166265
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -60 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The cobalt grade of 0.02% is a minor byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.02

Context: 0.35

### LAP23-07

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-47)

Lappvattnet · pge

#### Identity

- Hole ID: LAP23-07
- Project: Lappvattnet
- Commodity: pge
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.17
- Grade Unit: g/t
- Intercept: 0.35 m
- True Width: 0.2975 m
- From: 136.3 m
- To: 136.65 m
- Hole Depth: 250 m
- Intercept Depth: 136.3 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-07:136.3-136.65
- Mining Method: underground

#### Location

- Easting: 1741950
- Northing: 7166265
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -60 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The PGE grade of 0.17 g/t is a minor byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.17

Context: 0.35

### LAP23-07

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-48)

Lappvattnet · nickel

#### Identity

- Hole ID: LAP23-07
- Project: Lappvattnet
- Commodity: nickel
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 4.73
- Grade Unit: %
- Intercept: 0.25 m
- True Width: 0.2125 m
- From: 136.65 m
- To: 136.9 m
- Hole Depth: 250 m
- Intercept Depth: 136.65 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-07:136.65-136.9
- Mining Method: underground

#### Location

- Easting: 1741950
- Northing: 7166265
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -60 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The intercept of 0.25 metres at 4.73% Ni is an exceptional grade for an underground nickel deposit, indicating a high-grade zone.

- Positive factor: Exceptional nickel grade for underground mining

- Positive factor: True width disclosed

Evidence · table

> 4.73

Context: 0.25

### LAP23-07

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-49)

Lappvattnet · copper

#### Identity

- Hole ID: LAP23-07
- Project: Lappvattnet
- Commodity: copper
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.06
- Grade Unit: %
- Intercept: 0.25 m
- True Width: 0.2125 m
- From: 136.65 m
- To: 136.9 m
- Hole Depth: 250 m
- Intercept Depth: 136.65 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-07:136.65-136.9
- Mining Method: underground

#### Location

- Easting: 1741950
- Northing: 7166265
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -60 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The copper grade of 0.06% is a trace byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.06

Context: 0.25

### LAP23-07

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-50)

Lappvattnet · cobalt

#### Identity

- Hole ID: LAP23-07
- Project: Lappvattnet
- Commodity: cobalt
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.12
- Grade Unit: %
- Intercept: 0.25 m
- True Width: 0.2125 m
- From: 136.65 m
- To: 136.9 m
- Hole Depth: 250 m
- Intercept Depth: 136.65 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-07:136.65-136.9
- Mining Method: underground

#### Location

- Easting: 1741950
- Northing: 7166265
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -60 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The cobalt grade of 0.12% is a minor byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.12

Context: 0.25

### LAP23-07

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-51)

Lappvattnet · pge

#### Identity

- Hole ID: LAP23-07
- Project: Lappvattnet
- Commodity: pge
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.3
- Grade Unit: g/t
- Intercept: 0.25 m
- True Width: 0.2125 m
- From: 136.65 m
- To: 136.9 m
- Hole Depth: 250 m
- Intercept Depth: 136.65 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-07:136.65-136.9
- Mining Method: underground

#### Location

- Easting: 1741950
- Northing: 7166265
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -60 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The PGE grade of 0.30 g/t is a minor byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.30

Context: 0.25

### LAP23-08

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-52)

Lappvattnet · nickel

#### Identity

- Hole ID: LAP23-08
- Project: Lappvattnet
- Commodity: nickel
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.51
- Grade Unit: %
- Intercept: 4.15 m
- True Width: 3.1125 m
- From: 210.85 m
- To: 215 m
- Hole Depth: 348 m
- Intercept Depth: 210.85 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-08:210.85-215.0
- Mining Method: underground

#### Location

- Easting: 1741968
- Northing: 7166225
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -65 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The intercept of 4.15 metres at 0.51% Ni is a weak grade for an underground nickel deposit, but contributes to defining the Main Zone.

- Positive factor: True width disclosed

Evidence · table

> 0.51

Context: 4.15

### LAP23-08

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-53)

Lappvattnet · copper

#### Identity

- Hole ID: LAP23-08
- Project: Lappvattnet
- Commodity: copper
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.07
- Grade Unit: %
- Intercept: 4.15 m
- True Width: 3.1125 m
- From: 210.85 m
- To: 215 m
- Hole Depth: 348 m
- Intercept Depth: 210.85 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-08:210.85-215.0
- Mining Method: underground

#### Location

- Easting: 1741968
- Northing: 7166225
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -65 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The copper grade of 0.07% is a trace byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.07

Context: 4.15

### LAP23-08

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-54)

Lappvattnet · cobalt

#### Identity

- Hole ID: LAP23-08
- Project: Lappvattnet
- Commodity: cobalt
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.01
- Grade Unit: %
- Intercept: 4.15 m
- True Width: 3.1125 m
- From: 210.85 m
- To: 215 m
- Hole Depth: 348 m
- Intercept Depth: 210.85 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-08:210.85-215.0
- Mining Method: underground

#### Location

- Easting: 1741968
- Northing: 7166225
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -65 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The cobalt grade of 0.01% is a trace byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.01

Context: 4.15

### LAP23-08

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-55)

Lappvattnet · pge

#### Identity

- Hole ID: LAP23-08
- Project: Lappvattnet
- Commodity: pge
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.26
- Grade Unit: g/t
- Intercept: 4.15 m
- True Width: 3.1125 m
- From: 210.85 m
- To: 215 m
- Hole Depth: 348 m
- Intercept Depth: 210.85 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-08:210.85-215.0
- Mining Method: underground

#### Location

- Easting: 1741968
- Northing: 7166225
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -65 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The PGE grade of 0.26 g/t is a minor byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.26

Context: 4.15

### LAP23-08

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-56)

Lappvattnet · nickel

#### Identity

- Hole ID: LAP23-08
- Project: Lappvattnet
- Commodity: nickel
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.67
- Grade Unit: %
- Intercept: 13 m
- True Width: 9.75 m
- From: 221 m
- To: 234 m
- Hole Depth: 348 m
- Intercept Depth: 221 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-08:221.0-234.0
- Mining Method: underground

#### Location

- Easting: 1741968
- Northing: 7166225
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -65 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The intercept of 13.00 metres at 0.67% Ni is a weak grade for an underground nickel deposit, but its significant length and extension of the Main Zone below the resource are positive.

- Positive factor: Good intercept length

- Positive factor: True width disclosed

- Positive factor: Extends Main Zone 100m below resource

Evidence · table

> 0.67

Context: 13.00

### LAP23-08

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-57)

Lappvattnet · copper

#### Identity

- Hole ID: LAP23-08
- Project: Lappvattnet
- Commodity: copper
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.1
- Grade Unit: %
- Intercept: 13 m
- True Width: 9.75 m
- From: 221 m
- To: 234 m
- Hole Depth: 348 m
- Intercept Depth: 221 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-08:221.0-234.0
- Mining Method: underground

#### Location

- Easting: 1741968
- Northing: 7166225
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -65 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The copper grade of 0.10% is a trace byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.10

Context: 13.00

### LAP23-08

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-58)

Lappvattnet · cobalt

#### Identity

- Hole ID: LAP23-08
- Project: Lappvattnet
- Commodity: cobalt
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.02
- Grade Unit: %
- Intercept: 13 m
- True Width: 9.75 m
- From: 221 m
- To: 234 m
- Hole Depth: 348 m
- Intercept Depth: 221 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-08:221.0-234.0
- Mining Method: underground

#### Location

- Easting: 1741968
- Northing: 7166225
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -65 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The cobalt grade of 0.02% is a trace byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.02

Context: 13.00

### LAP23-08

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-59)

Lappvattnet · pge

#### Identity

- Hole ID: LAP23-08
- Project: Lappvattnet
- Commodity: pge
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.38
- Grade Unit: g/t
- Intercept: 13 m
- True Width: 9.75 m
- From: 221 m
- To: 234 m
- Hole Depth: 348 m
- Intercept Depth: 221 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-08:221.0-234.0
- Mining Method: underground

#### Location

- Easting: 1741968
- Northing: 7166225
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -65 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The PGE grade of 0.38 g/t is a minor byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.38

Context: 13.00

### LAP23-08

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-60)

Lappvattnet · nickel

#### Identity

- Hole ID: LAP23-08
- Project: Lappvattnet
- Commodity: nickel
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.22
- Grade Unit: %
- Intercept: 6.9 m
- True Width: 5.175 m
- From: 305 m
- To: 311.9 m
- Hole Depth: 348 m
- Intercept Depth: 305 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-08:305.0-311.9
- Mining Method: underground

#### Location

- Easting: 1741968
- Northing: 7166225
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -65 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The intercept of 6.90 metres at 0.22% Ni is below the weak threshold for an underground nickel deposit, indicating lower grade mineralization in the Footwall Zone.

- Positive factor: Good intercept length

- Positive factor: True width disclosed

Evidence · table

> 0.22

Context: 6.90

### LAP23-08

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-61)

Lappvattnet · copper

#### Identity

- Hole ID: LAP23-08
- Project: Lappvattnet
- Commodity: copper
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.03
- Grade Unit: %
- Intercept: 6.9 m
- True Width: 5.175 m
- From: 305 m
- To: 311.9 m
- Hole Depth: 348 m
- Intercept Depth: 305 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-08:305.0-311.9
- Mining Method: underground

#### Location

- Easting: 1741968
- Northing: 7166225
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -65 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The copper grade of 0.03% is a trace byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.03

Context: 6.90

### LAP23-08

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-62)

Lappvattnet · cobalt

#### Identity

- Hole ID: LAP23-08
- Project: Lappvattnet
- Commodity: cobalt
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.01
- Grade Unit: %
- Intercept: 6.9 m
- True Width: 5.175 m
- From: 305 m
- To: 311.9 m
- Hole Depth: 348 m
- Intercept Depth: 305 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-08:305.0-311.9
- Mining Method: underground

#### Location

- Easting: 1741968
- Northing: 7166225
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -65 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The cobalt grade of 0.01% is a trace byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.01

Context: 6.90

### LAP23-08

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-63)

Lappvattnet · pge

#### Identity

- Hole ID: LAP23-08
- Project: Lappvattnet
- Commodity: pge
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.04
- Grade Unit: g/t
- Intercept: 6.9 m
- True Width: 5.175 m
- From: 305 m
- To: 311.9 m
- Hole Depth: 348 m
- Intercept Depth: 305 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: LAP23-08:305.0-311.9
- Mining Method: underground

#### Location

- Easting: 1741968
- Northing: 7166225
- CRS: RT90-2.5
- Azimuth: 335 °
- Dip: -65 °
- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Minerals
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: The PGE grade of 0.04 g/t is a trace byproduct credit alongside the primary nickel mineralization.

Evidence · table

> 0.04

Context: 6.90

### incl

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-64)

Lappvattnet · nickel

#### Identity

- Hole ID: incl
- Project: Lappvattnet
- Commodity: nickel
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 2.47
- Grade Unit: %
- Intercept: 6.1 m
- From: 66 m
- To: 72.1 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: incl:66-72.1
- Mining Method: underground

#### Location

- CRS: RT90-2.5

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: Expanded from assay table. 2.47 % nickel is strong against the default band \[3, 1.5, 0.8, 0.3\] %.

- Positive factor: 2.47 % nickel is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.47

Context: incl

### incl

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-65)

Lappvattnet · copper

#### Identity

- Hole ID: incl
- Project: Lappvattnet
- Commodity: copper
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.25
- Grade Unit: %
- Intercept: 6.1 m
- From: 66 m
- To: 72.1 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: incl:66-72.1
- Mining Method: underground

#### Location

- CRS: RT90-2.5

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: Expanded from assay table. 0.25 % copper is weak against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 1.5 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.25

Context: incl

### incl

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-66)

Lappvattnet · cobalt

#### Identity

- Hole ID: incl
- Project: Lappvattnet
- Commodity: cobalt
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.04
- Grade Unit: %
- Intercept: 6.1 m
- From: 66 m
- To: 72.1 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: incl:66-72.1
- Mining Method: underground

#### Location

- CRS: RT90-2.5

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: Expanded from assay table. 0.04 % cobalt is below against the default band \[0.5, 0.3, 0.15, 0.08\] %.

- Negative factor: 0.04 % cobalt is below the weak threshold \(0.08 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.04

Context: incl

### incl

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-67)

Lappvattnet · nickel

#### Identity

- Hole ID: incl
- Project: Lappvattnet
- Commodity: nickel
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 4.81
- Grade Unit: %
- Intercept: 2.75 m
- From: 69.35 m
- To: 72.1 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: incl:69.35-72.1
- Mining Method: underground

#### Location

- CRS: RT90-2.5

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: Expanded from assay table. 4.81 % nickel is exceptional against the default band \[3, 1.5, 0.8, 0.3\] %.

- Positive factor: 4.81 % nickel is exceptional on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 4.81

Context: incl

### incl

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-68)

Lappvattnet · copper

#### Identity

- Hole ID: incl
- Project: Lappvattnet
- Commodity: copper
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.24
- Grade Unit: %
- Intercept: 2.75 m
- From: 69.35 m
- To: 72.1 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: incl:69.35-72.1
- Mining Method: underground

#### Location

- CRS: RT90-2.5

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: Expanded from assay table. 0.24 % copper is below against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 0.7 %·m is below.

- Negative factor: 0.24 % copper is below the weak threshold \(0.25 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.24

Context: incl

### incl

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-69)

Lappvattnet · cobalt

#### Identity

- Hole ID: incl
- Project: Lappvattnet
- Commodity: cobalt
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.08
- Grade Unit: %
- Intercept: 2.75 m
- From: 69.35 m
- To: 72.1 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: incl:69.35-72.1
- Mining Method: underground

#### Location

- CRS: RT90-2.5

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: Expanded from assay table. 0.08 % cobalt is weak against the default band \[0.5, 0.3, 0.15, 0.08\] %.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.08

Context: incl

### incl

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-70)

Lappvattnet · nickel

#### Identity

- Hole ID: incl
- Project: Lappvattnet
- Commodity: nickel
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 7.36
- Grade Unit: %
- Intercept: 0.55 m
- From: 69.93 m
- To: 70.48 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: incl:69.93-70.48
- Mining Method: underground

#### Location

- CRS: RT90-2.5

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: Expanded from assay table. 7.36 % nickel is exceptional against the default band \[3, 1.5, 0.8, 0.3\] %.

- Positive factor: 7.36 % nickel is exceptional on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 7.36

Context: incl

### incl

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-71)

Lappvattnet · copper

#### Identity

- Hole ID: incl
- Project: Lappvattnet
- Commodity: copper
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.02
- Grade Unit: %
- Intercept: 0.55 m
- From: 69.93 m
- To: 70.48 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: incl:69.93-70.48
- Mining Method: underground

#### Location

- CRS: RT90-2.5

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: Expanded from assay table. 0.02 % copper is below against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 0.0 %·m is below.

- Negative factor: 0.02 % copper is below the weak threshold \(0.25 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.02

Context: incl

### incl

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-72)

Lappvattnet · cobalt

#### Identity

- Hole ID: incl
- Project: Lappvattnet
- Commodity: cobalt
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.12
- Grade Unit: %
- Intercept: 0.55 m
- From: 69.93 m
- To: 70.48 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: incl:69.93-70.48
- Mining Method: underground

#### Location

- CRS: RT90-2.5

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: Expanded from assay table. 0.12 % cobalt is weak against the default band \[0.5, 0.3, 0.15, 0.08\] %.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.12

Context: incl

### incl

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-73)

Lappvattnet · nickel

#### Identity

- Hole ID: incl
- Project: Lappvattnet
- Commodity: nickel
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 3.97
- Grade Unit: %
- Intercept: 0.9 m
- From: 121.6 m
- To: 122.5 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: incl:121.6-122.5
- Mining Method: underground

#### Location

- CRS: RT90-2.5

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: Expanded from assay table. 3.97 % nickel is exceptional against the default band \[3, 1.5, 0.8, 0.3\] %.

- Positive factor: 3.97 % nickel is exceptional on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 3.97

Context: incl

### incl

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-74)

Lappvattnet · copper

#### Identity

- Hole ID: incl
- Project: Lappvattnet
- Commodity: copper
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.23
- Grade Unit: %
- Intercept: 0.9 m
- From: 121.6 m
- To: 122.5 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: incl:121.6-122.5
- Mining Method: underground

#### Location

- CRS: RT90-2.5

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: Expanded from assay table. 0.23 % copper is below against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 0.2 %·m is below.

- Negative factor: 0.23 % copper is below the weak threshold \(0.25 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.23

Context: incl

### incl

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-75)

Lappvattnet · cobalt

#### Identity

- Hole ID: incl
- Project: Lappvattnet
- Commodity: cobalt
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.07
- Grade Unit: %
- Intercept: 0.9 m
- From: 121.6 m
- To: 122.5 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: incl:121.6-122.5
- Mining Method: underground

#### Location

- CRS: RT90-2.5

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: Expanded from assay table. 0.07 % cobalt is below against the default band \[0.5, 0.3, 0.15, 0.08\] %.

- Negative factor: 0.07 % cobalt is below the weak threshold \(0.08 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.07

Context: incl

### incl

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-76)

Lappvattnet · nickel

#### Identity

- Hole ID: incl
- Project: Lappvattnet
- Commodity: nickel
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 1.05
- Grade Unit: %
- Intercept: 2.3 m
- From: 135.1 m
- To: 137.4 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: incl:135.1-137.4
- Mining Method: underground

#### Location

- CRS: RT90-2.5

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: Expanded from assay table. 1.05 % nickel is moderate against the default band \[3, 1.5, 0.8, 0.3\] %.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.05

Context: incl

### incl

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-77)

Lappvattnet · copper

#### Identity

- Hole ID: incl
- Project: Lappvattnet
- Commodity: copper
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.59
- Grade Unit: %
- Intercept: 2.3 m
- From: 135.1 m
- To: 137.4 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: incl:135.1-137.4
- Mining Method: underground

#### Location

- CRS: RT90-2.5

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: Expanded from assay table. 0.59 % copper is moderate against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 1.4 %·m is below \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.59

Context: incl

### incl

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-78)

Lappvattnet · cobalt

#### Identity

- Hole ID: incl
- Project: Lappvattnet
- Commodity: cobalt
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.02
- Grade Unit: %
- Intercept: 2.3 m
- From: 135.1 m
- To: 137.4 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: incl:135.1-137.4
- Mining Method: underground

#### Location

- CRS: RT90-2.5

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: Expanded from assay table. 0.02 % cobalt is below against the default band \[0.5, 0.3, 0.15, 0.08\] %.

- Negative factor: 0.02 % cobalt is below the weak threshold \(0.08 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.02

Context: incl

### incl

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-79)

Lappvattnet · nickel

#### Identity

- Hole ID: incl
- Project: Lappvattnet
- Commodity: nickel
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 1.25
- Grade Unit: %
- Intercept: 0.35 m
- From: 136.3 m
- To: 136.65 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: incl:136.3-136.65
- Mining Method: underground

#### Location

- CRS: RT90-2.5

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: Expanded from assay table. 1.25 % nickel is moderate against the default band \[3, 1.5, 0.8, 0.3\] %.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.25

Context: incl

### incl

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-80)

Lappvattnet · copper

#### Identity

- Hole ID: incl
- Project: Lappvattnet
- Commodity: copper
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 2.19
- Grade Unit: %
- Intercept: 0.35 m
- From: 136.3 m
- To: 136.65 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: incl:136.3-136.65
- Mining Method: underground

#### Location

- CRS: RT90-2.5

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: Expanded from assay table. 2.19 % copper is strong against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 0.8 %·m is below \(grade alone is strong; the better of the two is used\).

- Positive factor: 2.19 % copper is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.19

Context: incl

### incl

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-81)

Lappvattnet · cobalt

#### Identity

- Hole ID: incl
- Project: Lappvattnet
- Commodity: cobalt
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.02
- Grade Unit: %
- Intercept: 0.35 m
- From: 136.3 m
- To: 136.65 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: incl:136.3-136.65
- Mining Method: underground

#### Location

- CRS: RT90-2.5

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: Expanded from assay table. 0.02 % cobalt is below against the default band \[0.5, 0.3, 0.15, 0.08\] %.

- Negative factor: 0.02 % cobalt is below the weak threshold \(0.08 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.02

Context: incl

### incl

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-82)

Lappvattnet · nickel

#### Identity

- Hole ID: incl
- Project: Lappvattnet
- Commodity: nickel
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 4.73
- Grade Unit: %
- Intercept: 0.25 m
- From: 136.65 m
- To: 136.9 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: incl:136.65-136.9
- Mining Method: underground

#### Location

- CRS: RT90-2.5

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: Expanded from assay table. 4.73 % nickel is exceptional against the default band \[3, 1.5, 0.8, 0.3\] %.

- Positive factor: 4.73 % nickel is exceptional on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 4.73

Context: incl

### incl

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-83)

Lappvattnet · copper

#### Identity

- Hole ID: incl
- Project: Lappvattnet
- Commodity: copper
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.06
- Grade Unit: %
- Intercept: 0.25 m
- From: 136.65 m
- To: 136.9 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: incl:136.65-136.9
- Mining Method: underground

#### Location

- CRS: RT90-2.5

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: Expanded from assay table. 0.06 % copper is below against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 0.0 %·m is below.

- Negative factor: 0.06 % copper is below the weak threshold \(0.25 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.06

Context: incl

### incl

[Link to this fact](https://atlas-staging.minestarters.com/news/gungnir-drills-6-10-metres-of-2-47-nickel-including-peak-assay-of-7-36-nickel-an--e2909178-cfcb-49d5-a390-d643bf3e0eeb#fact-drill-facts-84)

Lappvattnet · cobalt

#### Identity

- Hole ID: incl
- Project: Lappvattnet
- Commodity: cobalt
- Region: sweden
- Reported Region: northern Sweden
- Ticker: GUG

#### Geometry

- Grade: 0.12
- Grade Unit: %
- Intercept: 0.25 m
- From: 136.65 m
- To: 136.9 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: incl:136.65-136.9
- Mining Method: underground

#### Location

- CRS: RT90-2.5

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-09-28T00:00:00.000Z

Reasoning: Expanded from assay table. 0.12 % cobalt is weak against the default band \[0.5, 0.3, 0.15, 0.08\] %.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.12

Context: incl

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
