6th Jan 2026 15:58
Gunsynd PLC on Tuesday - investor in the natural resource sector - Says the 2025 field programme on the Barb project in Manitoba, Canada demonstrates its "strong potential" for gold mineralisation. The programme supports the interpretation that gold mineralisation is consistent with a "structurally controlled orogenic gold system," Gunsynd adds. The firm says it now plans targeted exploration to "advance understanding and guide future drilling". It says it will conduct a soil survey, induced polarisation surveys and continue prospecting and geological mapping. "As drill permits are secured, the company will proceed with field programmes designed to significantly improve our understanding of the Barb project and guide drilling on refined targets," says Executive Chair Hamish Harris. The company reiterates that high-grade gold results up to 13.12 grammes of gold per tonne were announced back in late October. "Multi-element geochemical results from these samples highlight clear pathfinder element associations, typical of hydrothermal mineralising systems of the Rice Lake Greenstone Belt. High gold values are consistently accompanied by elevated silver, tellurium, and bismuth," it says.
Current stock price: 0.14 pence each, down 20% on Tuesday afternoon in London
12-month change: up 17%
By Tom Budszus, Alliance News slot editor
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