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RNS Number : 1693F Gunsynd PLC 28 October 2025
Gunsynd Plc
("Gunsynd" or the "Company")
High-grade gold confirmed at the Barb Project
Gunsynd Plc (AIM: GUN) is pleased to provide an update on the Barb Project, in
Manitoba Canada, in which the Company holds a 100% legal and beneficial
interest.
Following the completion of a recent reconnaissance program by Critical
Discoveries Ltd ("Critical Discoveries"), Gunsynd has received initial assay
results confirming high-grade gold. Mineralisation was proven across the
property, including thirteen samples assaying 1 g/t gold or higher, with the
highest reading of 13.12 g/t.
The Critical Discoveries team has completed two field programs, each followed
by a sample submission. Both submissions will generate two sets of results,
the fire assay and the multielement. To date, the Company has received the
fire assay results (gold only) for the first submission. The multielement
will help identify pathfinder elements within the system, as these narrow vein
systems are known for their nuggety gold distribution. Gunsynd plans to use
this geochemical data for comparison in future drill programs as well.
Highlights
Sample g/t
TB-TM-007 13.1
TB-ND-028 8.24
TB-ND-022 7.76
TB-TM-013 6.26
TB-ND-010 4.49
TB-ND-006 4.46
TB-ND-012 3.73
TB-ND-033 2.18
TB-ND-009 1.87
TB-ND-003 1.78
Next Steps
Based on these encouraging early results, Gunsynd plans to advance the Barb
Project toward a drill-ready stage through a combination of detailed
geological mapping, systematic channel sampling, and geophysics to better
define the strongest drill targets and extent of the proven mineralised zones.
Preparation for a work permit application is underway to allow for future
drilling once the final targets are defined.
Hamish Harris, Executive Chairman of Gunsynd, commented: "These initial assay
results from The Barb Project are highly encouraging, highlighting the
presence and distribution of high-grade gold mineralisation across the
property. Fieldwork conducted by the Critical Discoveries team has further
strengthened confidence in the project's strong exploration potential. We look
forward to advancing The Barb Project toward a maiden drill campaign."
Forward Looking Statements
This announcement contains forward-looking statements relating to expected or
anticipated future events and anticipated results that are forward-looking in
nature and, as a result, are subject to certain risks and uncertainties, such
as general economic, market and business conditions, competition for qualified
staff, the regulatory process and actions, technical issues, new legislation,
uncertainties resulting from potential delays or changes in plans,
uncertainties resulting from working in a new political jurisdiction,
uncertainties regarding the results of exploration, uncertainties regarding
the timing and granting of prospecting rights, uncertainties regarding the
Company's ability to execute and implement future plans, and the occurrence of
unexpected events. Actual results achieved may vary from the information
provided herein as a result of numerous known and unknown risks and
uncertainties and other factors.
This announcement contains inside information for the purposes of the UK
Market Abuse Regulation and the Directors of the Company are responsible for
the release of this announcement.
Qualified Person Statement
The technical information contained in this disclosure has been reviewed and
approved by Aaryn Hutchins, P. Geo., a Professional Geoscientist registered
with Engineers Geoscientists Manitoba. Ms. Hutchins has sufficient experience,
relevant to the styles of mineralization and types of deposits under
consideration, to qualify as a Qualified Person as defined by the AIM Note for
Mining, Oil and Gas Companies.
For further information, please contact:
Gunsynd plc +44 (0) 78 7958 4153
Hamish Harris/ Peter Ruse
Cairn Financial Advisers LLP +44 20 7213 0880
Liam Murray / James Western
Peterhouse Capital Limited +44 20 7469 0936
Lucy Williams
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