Update on Barb Project
Gunsynd Plc
("Gunsynd" or the "Company")
Update on Barb Project
Gold Grades up to 489 g/t at Lotus
Gunsynd Plc (AIM: GUN) is pleased to provide an update on the Barb Gold Project in Manitoba, Canada, further to the Company's announcement of 4 June 2026.
As per the announcement on 4 June 2026, Gunsynd engaged Critical Discoveries to complete the Phase 1 Summer Field Program targeting the Lotus and Betty Shaft areas, comprising grab sampling and mineralisation characterisation of the prospects. 59 samples were collected across the two historic showings with grades ranging from 0.008 - 489 g/t. Gold-bearing mineralisation was observed at both locations with 35 samples assaying above 1 g/t, 23 above 5 g/t and 3 above 100 g/t Au.
Rock samples were collected as fist-sized grab samples from locations where mineralisation was observed. Gold assay results are reported as Au (g/t) and were determined by fire assay with gravimetric finish. Multi-element geochemical results are pending.
Lotus Showing Highlights:
· Visible gold observed in 12 samples.
· Grab samples returned values up to 489 g/t Au.
· 5 samples returned values over 80 g/t Au.
Table 1: Highlight rock sample Au assay values from the Lotus showing.
Sample ID
Easting
Northing
Au (g/t)
Lab
Certificate ID
758380
702228
5670508
489
Actlabs
A26-09795-Au
758387
702230
5670503
230
Actlabs
A26-09795-Au
758360
702251.5
5670438
165
Actlabs
A26-09795-Au
758390
702228
5670502
86.6
Actlabs
A26-09795-Au
758397
702228
5670503
84.3
Actlabs
A26-09795-Au
758382
702228
5670503
45.1
Actlabs
A26-09795-Au
758354
702269
5670350
18.2
Actlabs
A26-09795-Au
758384
702229
5670503
15.5
Actlabs
A26-09795-Au
758356
702269
5670350
14.9
Actlabs
A26-09795-Au
758377
702236
5670477
12.4
Actlabs
A26-09795-Au
758395
702228
5670503
12
Actlabs
A26-09795-Au
758364
702250
5670438
9.84
Actlabs
A26-09795-Au
758393
702229
5670504
9.1
Actlabs
A26-09795-Au
758372
702240
5670461
8.03
Actlabs
A26-09795-Au
758374
702240
5670461
7.39
Actlabs
A26-09795-Au
758376
702240
5670461
5.22
Actlabs
A26-09795-Au
Figure 1: Visible gold mineralization at the Lotus showing. (A) sample 758390 with 86.6 g/t Au. (B) Sample 758380 with 489 g/t Au (C) Sample 758384 with 15.5 g/t Au (D) sample 758360 with 165 g/t Au.
Figure 2: Surface map of the Lotus Shaft area displaying grab sample locations and gold grade (g/t).
Betty Showing Highlights:
· Grab samples returned values up to 27.2 g/t Au.
· 7 samples returned values above 5 g/t Au, including 4 samples exceeding 10 g/t Au.
· Commonly observed polymetallic mineralisation comprising tetrahedrite and chalcopyrite.
Table 2: Highlight rock sample Au assay values from the Betty showing.
Sample ID
Easting Northing Au (g/t)
Lab
758317
704967
5668726
27.2
Actlabs
A26-09795-Au
758306
704985
5668696
15
Actlabs
A26-09795-Au
758301
704975
5668722
12.8
Actlabs
A26-09795-Au
758324
704959
5668738
10.1
Actlabs
A26-09795-Au
758316
704960
5668732
7.74
Actlabs
A26-09795-Au
758323
704959
5668738
7.23
Actlabs
A26-09795-Au
758302
704972
5668720
5.1
Actlabs
A26-09795-Au
Figure 3: Samples from the Betty showing demonstrating extensive sulphide mineralization. (A) Sample 758306 with high chalcopyrite mineralization and 15 g/t Au. (B) Sample 758312 with tetrahedrite and chalcopyrite with 1.16 g/t Au. (C) Sample 758317 with tetrahedrite and 27.2 g/t Au. (D) Sample 758324 with 90-95% sulphides and 10.1 g/t Au.
Figure 4: Surface map of the Betty Shaft area displaying grab sample locations and gold grade (g/t).
Figure 5: Property-scale surface map of the Lotus and Betty prospect areas displaying grab sample highlights from the 2025 and 2026 field programs.
Hamish Harris, executive director of Gunsynd, commented: "Our interpretation has consistently been that gold mineralisation at Barb is associated with the Wanipigow Shear Zone, as outlined in our February 2026 disclosure. Today's results are consistent with that geological model and further support our understanding of the property's structural controls. We look forward to integrating these results into our ongoing exploration program."
This announcement contains inside information for the purposes of Article 7 of the UK version of the Market Abuse Regulation (EU) 596/2014 (UK MAR). Upon publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.
Qualified Person Statement
The technical information contained in this disclosure has been reviewed and approved by Justin Krysanski, a Professional Geoscientist registered with Engineers Geoscientists Manitoba. Mr. Krysanski has sufficient experience, relevant to the styles of mineralisation 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
Hamish Harris
+44 (0) 78 7958 4153
Cairn Financial Advisers LLP
Liam Murray / James Western
+44 20 7213 0880
AlbR Capital Limited
Lucy Williams
+44 20 7469 0936
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.ENDDRLFFFLLRTITFIR
