Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGunsynd Regulatory News (GUN)

Share Price Information for Gunsynd (GUN)

Share Price is delayed by 15 minutes
Get Live Data
0.1075    0.005 (4.88%)
Bid:
0.10
Ask:
0.115
Spread: 0.015 (15.00%)
Market Cap: £1.59m
GUN Live PriceLast checked at - London Stock Exchange

Intraday Gunsynd Share Chart

Barb Project Update

6 Jan 2026 07:00

RNS Number : 7224N
Gunsynd PLC
06 January 2026
 

Gunsynd PLC("Gunsynd" or the "Company")

Barb Project Update

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.

The Company confirms that it has received geochemical results in full and submitted a technical assessment report covering the 2025 field programme to the Manitoba Mining Recorders Office. The assessment report covers the Company's 26-day prospecting and rock sampling programme and provides an integrated geological and geochemical interpretation.

The Barb Gold Project is located near the historic mining community of Bissett within the Archean Rice Lake Greenstone Belt, a well-established Manitoban gold district that has produced more than 1.7 million ounces of gold historically. Historical production in the district was primarily from the True North Gold Mine, located approximately 30 km to the east of the Barb Project, and contains a permitted gold processing facility.

2025 Programme Results

The 2025 field programme supports the interpretation that gold mineralisation on the Barb Project is consistent with a structurally controlled orogenic gold system, hosted within quartz-carbonate veins and associated shear zones.

Mineralisation is spatially associated with the Wanipigow Shear Zone, a regionally significant structural corridor known to host gold mineralisation in the Rice Lake Greenstone Belt.

High-grade gold results up to 13.12 g/t were previously announced on 28 October 2025 when initial fire assays were received. 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.

A later batch of rock sample results were received that tested the northernmost part of the property i.e. further from the Wanipigow Shear Zone than the first rock samples and demonstrate a secondary target area (see Schedule A). Whilst no samples produced grades of over 1 g/t Au theycontained elevated pathfinder values in the same samples showing positive correlations to Au mineralisation in the complete dataset indicating an enriched mineralising fluid.

 

Manitoba Mineral Development Fund Grant

Critical Discoveries has conditionally secured a grant of CAD$105,000 from the Manitoba Mineral Development Fund ("MMDF"), administered by the Manitoba Chamber of Commerce, which will contribute to the planned exploration programme on the Barb Project. The funding is expected to be paid in instalments against work programmes and reporting milestones. Payment of the grant is subject to, among other things, MMDF's approval of the Company's proposal and budget for the exploration programme, and Manitoba's continued agreement to appropriate funding to the MMDF.

Next Steps

Following the 2025 field programme, Gunsynd plans targeted exploration to advance understanding and guide future drilling. A focused diamond drilling programme will test priority quartz veins and shear zones, including structures with elevated gold and sulphide enrichment (Betty, Lilac, Disco, and Oxford structures), along strike extensions, and underexplored structural corridors. While the Company continues the drill permitting process, it will also conduct the following programmes to better refine drill targets:

- A systematic soil survey will identify gold and pathfinder anomalies beyond outcrop, and assess continuity between known mineralised zones.

- Induced Polarization (IP) surveys will map concealed sulphide zones, extend shear zone interpretation at depth, and integrate geophysical anomalies with surface geochemistry to prioritise targets, and;

- Continued prospecting and detailed geological mapping will fill gaps in coverage, providing structural, lithological, and sampling data to improve the geological model and support advanced exploration.

Hamish Harris, Executive Chairman of Gunsynd, commented: "The 2025 field programme on the Barb Project has demonstrated its strong potential for gold mineralisation. 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."

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

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 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

 

 

Schedule A

 

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.
 
END
 
 
UPDBAMBTMTMMTMF
Date   Source Headline
27th Feb 20252:26 pmRNSOmega Oil & Gas - Investee Company Update
24th Feb 20257:00 amRNSInvestee update – Aberdeen Minerals
13th Jan 202512:39 pmRNSResult of AGM
10th Jan 20253:03 pmRNSIssue of Equity
19th Dec 20242:30 pmRNSNotice of AGM
17th Dec 20247:00 amRNSDirector/PDMR Shareholding
16th Dec 20247:00 amRNSDirector/PDMR Shareholding
13th Dec 20247:00 amRNSInvestee Company Update – 1911 Gold Corporation
9th Dec 20247:00 amRNSHigh grade results at Bear Twit
5th Dec 20247:00 amRNSFinal Results
21st Nov 20247:00 amRNSNew Project Acquisition, Issue of Equity & RPT
6th Nov 20247:00 amRNSHolding(s) in Company
5th Nov 202412:35 pmRNSInvestee Company Update - Aberdeen Minerals Ltd
11th Oct 20247:00 amRNSHolding(s) in Company
8th Oct 20247:00 amRNSSample Results up to 19.55% Cu and 1370ppm U
3rd Sep 20247:00 amRNSPlacing and Issue of Warrants
19th Aug 20242:07 pmRNSAcquisition of Additional Canadian Uranium project
14th Aug 20247:00 amRNSInvestee Company update – Aberdeen Minerals Ltd
5th Aug 20247:00 amRNSFarm-In Agreement for Uranium Assets
24th Jul 20247:00 amRNSDirector/PDMR Shareholding
22nd Jul 20247:00 amRNSPublication of Investor Presentation
16th Jul 202410:26 amRNSBlack Schist Mineral Resource Estimate Upgrade
11th Jul 20242:19 pmRNSTerms for Assets, Disposal, Withdrawal from AQSE
20th May 20248:43 amRNSTermination of Black Schist Nickel Farm-In
2nd May 20245:30 pmRNSUpdate on Black Schist Projects
22nd Apr 20242:35 pmRNSHolding(s) in Company
19th Apr 20244:40 pmRNSDirector/PDMR Shareholding
18th Apr 20247:00 amRNSHalf-year Report
4th Apr 20247:00 amRNSDisposal of Shares in Investee Companies
28th Mar 20244:01 pmRNSIssue of Equity
25th Mar 202412:20 pmRNSInvestee Company Update – Aberdeen Minerals Ltd
22nd Mar 202412:24 pmRNSRogue Baron Plc - Investee Company Update
6th Mar 202412:48 pmRNSDirector/PDMR Shareholding
29th Feb 20247:00 amRNSInvestee Company Update – Low 6
2nd Feb 20241:45 pmRNSResult of AGM
9th Jan 20244:47 pmRNSNotice of AGM
28th Dec 20237:00 amRNSInvestment in 1911 Gold Corporation
21st Dec 202311:38 amRNSFinal Results
5th Dec 20234:28 pmRNSIssue of Equity - Placing
16th Nov 20237:00 amRNSUpdate on Black Schist Projects & share disposal
23rd Oct 20232:27 pmRNSOmega Oil & Gas - Investee Company Update
11th Oct 20237:00 amRNSInvestee Company Update – Aberdeen Minerals Ltd
10th Oct 20237:00 amRNSInvestee Company Update – Low 6
2nd Oct 202310:49 amRNSPacific Nickel - Kolosori Nickel Project update
27th Jul 20237:00 amRNSUpdate on Black Schist Projects & share disposal
9th Jun 202310:56 amRNSAberdeen Minerals Ltd - Investee Company Update
23rd May 202312:26 pmRNSOmega Oil & Gas - Investee Company Update
13th Apr 202312:15 pmRNSOmega Oil & Gas - Investee Company Update
6th Apr 202311:30 amRNSHalf-year Report
5th Apr 20231:07 pmRNSPacific Nickel – Nickel Project Update

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.