Gunsynd Regulatory News (GUN)

Gunsynd Plc

("Gunsynd" or the "Company")

Bear Twit Update

Gunsynd Expands Claims; Rio Tinto Enters District

Gunsynd (AIM: GUN) is pleased to provide an update in relation to the Bear Twit project in Canada (the "Project"), in which the Company owns a 100% legal and beneficial interest.

The Company has acquired a 100 per cent. legal and beneficial interest in a number of claims surrounding the Project, as well as its related permits, the details of which are set out below and will form part of the Project.

The expansion was achieved through claim staking via an agent, requiring only nominal claim fees with no additional vendor payments or ongoing obligations to a vendor. The agent will hold the additional claims on trust for the benefit of the Company until the transfer of the claims to a special purpose vehicle for the Company.

Hamish Harris executive director commented: "Gunsynd has increased its land package nearly five-fold, from 17,008 to 82,561 hectares. Previous exploration has identified copper mineralisation in both rock samples and drill logs. Simultaneously, Rio Tinto has pegged 323,053 hectares on our doorstep, publicly targeting 85% of their exploration budget toward copper. Res ipsa loquitur."

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.

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