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
0.11    0.0025 (2.33%)
Bid:
0.10
Ask:
0.12
Spread: 0.02 (20.00%)
Market Cap: £1.62m
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 Mar 20174:12 pmRNSInvestment Update
23rd Mar 20174:30 pmRNSHolding(s) in Company
23rd Mar 201710:28 amRNSHolding(s) in Company
21st Mar 20173:24 pmRNSConversion of Loan Note in Zenith Energy Limited
16th Mar 20172:10 pmRNSDisposal of Shares in Zenith Energy Limited
16th Mar 20171:23 pmRNSHolding(s) in Company
6th Mar 20177:00 amRNSExercise of Warrants in Oyster Oil and Gas
2nd Mar 201712:56 pmRNSHalf-year Report
27th Feb 20171:59 pmRNSHolding(s) in Company
24th Feb 20175:28 pmRNSHolding(s) in Company
7th Feb 20177:00 amRNSHorse Hill Update
23rd Jan 20173:12 pmRNSHolding(s) in Company
23rd Jan 20177:00 amRNSInvestment in Sunshine Minerals
18th Jan 201710:30 amRNSHolding(s) in Company
16th Jan 20175:09 pmRNSDirectors' Dealing
16th Jan 20174:58 pmRNSIssue of Equity
16th Jan 20174:34 pmRNSIssue of Equity
13th Jan 201711:46 amRNSInvestment in Oyster Oil and Gas
11th Jan 201711:13 amRNSZenith Energy Ltd
10th Jan 20177:00 amRNSIssue of Equity and further investment in Zenith
15th Dec 20162:23 pmRNSResult of AGM
13th Dec 20163:33 pmRNSInvestment in Pires Investments
13th Dec 20163:30 pmRNSUpdate on Investment in Brazil Tungsten Holdings
29th Nov 20164:10 pmRNSFurther Investment in Zenith Energy
24th Nov 201610:43 amRNSFurther Investment in Zenith Energy
23rd Nov 20162:57 pmRNSNotice of AGM and Annual Report
22nd Nov 20167:00 amRNSFinal Results
21st Nov 20167:00 amRNSInvestment in Zenith Energy
10th Nov 201611:54 amRNSHolding(s) in Company
28th Oct 20161:06 pmRNSChange of Registered Office
18th Oct 20161:32 pmRNSHolding(s) in Company
17th Oct 20167:00 amRNSHorse Hill Update
12th Oct 201612:52 pmRNSIssue of Equity
22nd Sep 201612:10 pmRNSInvestment in Alba Mineral Resources
22nd Sep 201612:09 pmRNSHolding(s) in Company
19th Sep 20161:41 pmRNSInvestment in Alba Mineral Resources plc
19th Sep 20161:38 pmRNSHolding(s) in Company
6th Sep 20163:48 pmRNSHolding(s) in Company
3rd Aug 20162:51 pmRNSChange of Name
19th Jul 20167:00 amRNSHorse Hill Update
5th Jul 20167:00 amRNSKey Licence Conversion, Weald Basin
21st Apr 20163:06 pmRNSDirectorate Change
19th Apr 201611:56 amRNSInterim Results
21st Mar 201612:11 pmRNSResult of AGM
21st Mar 20168:00 amRNSHorse Hill Update
9th Mar 20167:00 amRNSFurther Update on Horse Hill-1 Flow Test
2nd Mar 20167:00 amRNSFurther Update on Horse Hill-1 Flow Test
1st Mar 20167:00 amRNSFurther Update on Horse Hill-1 Flow Test
29th Feb 20168:00 amRNSIssue of Equity
25th Feb 20161:17 pmRNSNotice of AGM

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.