Update on Barb Project

Gunsynd PLC

29 June 2026

 

Gunsynd Plc

("Gunsynd" or the "Company")

Update on Barb Project

Gold Grades up to 489 g/t at Lotus

Gunsynd Plc (AIM: GUN) is pleased to provide an update on the Barb Gold Project in Manitoba, Canada, further to the Company's announcement of 4 June 2026.

As per the announcement on 4 June 2026, Gunsynd engaged Critical Discoveries to complete the Phase 1 Summer Field Program targeting the Lotus and Betty Shaft areas, comprising grab sampling and mineralisation characterisation of the prospects. 59 samples were collected across the two historic showings with grades ranging from 0.008 - 489 g/t. Gold-bearing mineralisation was observed at both locations with 35 samples assaying above 1 g/t, 23 above 5 g/t and 3 above 100 g/t Au.

Rock samples were collected as fist-sized grab samples from locations where mineralisation was observed. Gold assay results are reported as Au (g/t) and were determined by fire assay with gravimetric finish. Multi-element geochemical results are pending.

Lotus Showing Highlights:

·    Visible gold observed in 12 samples.

·    Grab samples returned values up to 489 g/t Au.

·    5 samples returned values over 80 g/t Au.

Table 1: Highlight rock sample Au assay values from the Lotus showing.

Sample ID	Easting	Northing	Au (g/t)	Lab	Certificate ID​
758380	702228	5670508	489	Actlabs	A26-09795-Au
758387	702230	5670503	230	Actlabs	A26-09795-Au
758360	702251.5	5670438	165	Actlabs	A26-09795-Au
758390	702228	5670502	86.6	Actlabs	A26-09795-Au
758397	702228	5670503	84.3	Actlabs	A26-09795-Au
758382	702228	5670503	45.1	Actlabs	A26-09795-Au
758354	702269	5670350	18.2	Actlabs	A26-09795-Au
758384	702229	5670503	15.5	Actlabs	A26-09795-Au
758356	702269	5670350	14.9	Actlabs	A26-09795-Au
758377	702236	5670477	12.4	Actlabs	A26-09795-Au
758395	702228	5670503	12	Actlabs	A26-09795-Au
758364	702250	5670438	9.84	Actlabs	A26-09795-Au
758393	702229	5670504	9.1	Actlabs	A26-09795-Au
758372	702240	5670461	8.03	Actlabs	A26-09795-Au
758374	702240	5670461	7.39	Actlabs	A26-09795-Au
758376	702240	5670461	5.22	Actlabs	A26-09795-Au

Figure 1: Visible gold mineralization at the Lotus showing. (A) sample 758390 with 86.6 g/t Au. (B) Sample 758380 with 489 g/t Au (C) Sample 758384 with 15.5 g/t Au (D) sample 758360 with 165 g/t Au.

Figure 2: Surface map of the Lotus Shaft area displaying grab sample locations and gold grade (g/t).

Betty Showing Highlights:

·    Grab samples returned values up to 27.2 g/t Au.

·    7 samples returned values above 5 g/t Au, including 4 samples exceeding 10 g/t Au.

·    Commonly observed polymetallic mineralisation comprising  tetrahedrite and chalcopyrite.

Table 2: Highlight rock sample Au assay values from the Betty showing.

Sample ID	Easting	Northing	Au (g/t)	Lab	Certificate ID
758317	704967	5668726	27.2	Actlabs	A26-09795-Au
758306	704985	5668696	15	Actlabs	A26-09795-Au
758301	704975	5668722	12.8	Actlabs	A26-09795-Au
758324	704959	5668738	10.1	Actlabs	A26-09795-Au
758316	704960	5668732	7.74	Actlabs	A26-09795-Au
758323	704959	5668738	7.23	Actlabs	A26-09795-Au
758302	704972	5668720	5.1	Actlabs	A26-09795-Au

Figure 3: Samples from the Betty showing demonstrating extensive sulphide mineralization. (A) Sample 758306 with high chalcopyrite mineralization and 15 g/t Au. (B) Sample 758312 with tetrahedrite and chalcopyrite with 1.16 g/t Au. (C) Sample 758317 with tetrahedrite and 27.2 g/t Au. (D) Sample 758324 with 90-95% sulphides and 10.1 g/t Au.

Figure 4: Surface map of the Betty Shaft area displaying grab sample locations and gold grade (g/t).

Figure 5: Property-scale surface map of the Lotus and Betty prospect areas displaying grab sample highlights from the 2025 and 2026 field programs.

Hamish Harris, executive director of Gunsynd, commented: "Our interpretation has consistently been that gold mineralisation at Barb is associated with the Wanipigow Shear Zone, as outlined in our February 2026 disclosure. Today's results are consistent with that geological model and further support our understanding of the property's structural controls. We look forward to integrating these results into our ongoing exploration program." 

This announcement contains inside information for the purposes of Article 7 of the UK version of the Market Abuse Regulation (EU) 596/2014 (UK MAR). Upon publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

Qualified Person Statement

The technical information contained in this disclosure has been reviewed and approved by Justin Krysanski, a Professional Geoscientist registered with Engineers Geoscientists Manitoba. Mr. Krysanski 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	[phone]
Cairn Financial Advisers LLP Liam Murray / James Western	[phone]
AlbR Capital Limited Lucy Williams	[phone]

 

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