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High-grade gold confirmed at the Barb Project

28th Oct 2025 15:30

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

Hamish Harris/ Peter Ruse

+44 (0) 78 7958 4153

Cairn Financial Advisers LLP

Liam Murray / James Western

+44 20 7213 0880

 

Peterhouse Capital Limited

Lucy Williams

+44 20 7469 0936

 

 

 

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