GUN.PL Regulatory News (GUN.PL)

Gunsynd Plc

("Gunsynd" or the "Company")

High-grade lead-zinc-silver mineralisation confirmed at the Bear Twit Project

Gunsynd (AIM: GUN) is pleased to provide an update on the Bear Twit Project, in Northwest Territories, Canada, in which the Company holds a 100% legal and beneficial interest.

Following the completion of a recent reconnaissance sampling program by Critical Discoveries Ltd ("Critical Discoveries"), Gunsynd has received assay results confirming high-grade lead, zinc, and silver mineralisation, accompanied by elevated concentrations of gallium, germanium, and copper. High-grade mineralisation was proven across the property, including twelve samples assaying 10% Zn or higher, and five samples with silver values greater than 60 g/t. Importantly, the sampling program identified copper, gallium, and germanium, elements that were not analysed in previous drilling campaigns. The presence of these additional critical metals enhances the potential overall metal endowment of the system.

Highlights

Bear Twit Zone

· K562695 - Subcrop grab: Pb 11.3% | Zn 5.38% | Ag 162 g/t | Cu 0.15% | Ga 4.69 ppm

· K562654 - Outcrop grab: Pb 8.14% | Zn 4.67% | Ag 137 g/t | Cu 0.28% | Ga 2.80 ppm

· K562691 - Subcrop grab: Pb 6.02% | Zn 2.69% | Ag 86.4 g/t | Cu 0.16% | Ga 4.16 ppm

· K562690 - Outcrop chip 0.6 m: Pb 2.07% | Zn 11.5% | Ag 63.7 g/t | Cu 0.12% | Ga 3.6 ppm

· K562689 - Subcrop grab: Pb 4.08% | Zn 0.41% | Ag 83.8 g/t | Cu 0.11% | Ga 2.04 ppm

· K562696 - Subcrop grab: Pb 0.35% | Zn 23.4% | Ga 6.33 ppm

Big Cirque Zone

· K562658 - Outcrop grab: Pb 11.4% | Zn 8.53% | Ga 1.73 ppm

· K562657 - Outcrop grab: Pb 0.69% | Zn 11.35% | Cu 4.3 ppm | Ga 2.04 ppm | Ge 2.86 ppm

· K562664 - Subcrop grab: Zn 11.7% | Ga 5.02 ppm | Ge 0.29 ppm

· K562663 - Float grab: Zn 19.25% | Ga 1.51 ppm | Ge 2.48 ppm

Rev Main Zone

· K562679 - Outcrop grab: Zn 16.8% | Ga 1.82 ppm | Ge 7.26 ppm

· K562680 - Float grab: Zn 21.5% | Ga 3.84 ppm | Ge 3.89 ppm

· K562677 - Outcrop grab: Pb 0.36% | Zn 17.15%| Ga 3.48 ppm | Ge 3.83 ppm

The highest grades were returned from barite-calcite veins and breccias hosted within carbonate rocks of the Lower Palaeozoic. The mineralisation style and geochemical signature are consistent with a Mississippi Valley-Type (MVT) system. In total, 62 rock samples were collected from mineralised showings extending approximately 12 kilometres across the property. All samples were collected in the field and sealed in labelled polyethylene bags, grouped and submitted for analysis to ALS Global with certified reference standards inserted into the sample stream at regular intervals to ensure analytical accuracy and precision.

During the field program, several historical drill collars were discovered in the field that do not appear in the Company's records. In response, Gunsynd has engaged Critical Discoveries to compile, verify, and digitise all available historical exploration data across the Bear Twit Project area. This work will integrate legacy data into a modern geospatial database to support upcoming drill target definition.

Next Steps

Based on these encouraging early results, Gunsynd plans to advance the Bear Twit Project toward a drill-ready stage through a combination of detailed geological mapping, systematic channel sampling, and geophysics to better define the most suitable drill targets and extent of the proven mineralised zones. Preparation of a land use permit application is underway to allow for future drilling once final targets are defined.

Hamish Harris, Executive Chairman of Gunsynd, commented:

"These first assay results from Bear Twit are extremely encouraging and clearly confirm significant lead-zinc-silver mineralisation, with compelling upside for critical metals copper, gallium and germanium. The field work completed by the Critical Discoveries team has reinforced the project's strong potential for a MVT system, consistent with other projects in the Selwyn Basin. We look forward to progressing Bear Twit toward drill-ready status, with a view to applying for a permit and executing a maiden drill campaign when fully justified."

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 Douglas Murray, a Professional Geoscientist registered with Engineers and Geoscientists British Columbia. Mr. Murray 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.

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