Gunsynd (GUN) has received geochemical results from work on the Barb gold project in Canada and has submitted a technical assessment report covering the 2025 field programme to the Manitoba Mining Recorders Office.
The assessment report covers the recent 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.
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 grams per tonne were previously announced on 28 October 2025 when initial fire assays were received.
A later batch of rock sample results was also received. This work tested the northernmost part of the property, and reveal the potential for a secondary target area. Whilst no samples produced grades of over one gram per tonne gold the did contain elevated pathfinder values showing positive correlations to gold mineralisation in the complete dataset.
Meanwhile, Critical Discoveries has conditionally secured a grant of C$105,000 from the Manitoba Mineral Development Fund, administered by the Manitoba Chamber of Commerce.
This money 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.
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 along strike extensions, and underexplored structural corridors.
While the company continues the drill permitting process, it will also conduct programmes to better refine drill targets, including a systematic soil survey to identify gold and pathfinder anomalies beyond outcrop and assess continuity between known mineralised zones.
It will also undertake induced polarization surveys to map concealed sulphide zones, extend shear zone interpretation at depth, and integrate geophysical anomalies with surface geochemistry to prioritise targets.
Prospecting and detailed geological mapping will in the meantime fill gaps in coverage, providing structural, lithological, and sampling data to improve the geological model and support advanced exploration.
"The 2025 field programme on the Barb Project has demonstrated its strong potential for gold mineralisation,” said Hamish Harris, executive chairman of Gunsynd,
“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."
View from Vox
Good to see so much activity from Gunsynd on its Canadian projects, and at a time when the gold price is riding so high. The identification of drill targets is a key stage in the ongoing work, and when the drilling does get underway investors will certainly be paying close attention.