Gunsynd Advances Barb Gold Project With Positive 2025 Results and Conditional Manitoba Grant

Gunsynd ( (GB:GUN) ) has issued an announcement.

Gunsynd has completed its 2025 field programme at the Barb Gold Project in Manitoba, receiving full geochemical results and filing a technical assessment report covering a 26-day prospecting and rock sampling campaign. The work confirms that gold mineralisation on the property is consistent with a structurally controlled orogenic gold system associated with the regional Wanipigow Shear Zone, with previously reported high-grade assays up to 13.12 g/t and multi-element geochemistry indicating typical Rice Lake Belt pathfinder associations. Additional sampling in the northern part of the licence has identified a secondary target area with elevated pathfinder elements, suggesting an enriched mineralising fluid despite lower gold grades to date. The project’s next phase will focus on targeted exploration, including a diamond drilling programme on priority quartz veins and shear zones, systematic soil surveys, IP geophysics and further prospecting and mapping to refine drill targets. Funding for the upcoming exploration is supported by a conditional CAD$105,000 grant secured by Critical Discoveries from the Manitoba Mineral Development Fund, payable against agreed work and reporting milestones, bolstering Gunsynd’s ability to advance the Barb Project and potentially enhance its position in a proven Canadian gold district.

The most recent analyst rating on (GB:GUN) stock is a Hold with a £0.17 price target. To see the full list of analyst forecasts on Gunsynd stock, see the GB:GUN Stock Forecast page.

Spark’s Take on GB:GUN Stock

According to Spark, TipRanks’ AI Analyst, GB:GUN is a Neutral.

The score is held back primarily by persistent losses and ongoing cash burn, despite a debt-free balance sheet. Technicals are moderately supportive with price above key moving averages, while valuation remains unattractive/uncertain due to negative earnings. Corporate events add some upside potential from project progress, but dilution and execution risk limit the boost.

To see Spark’s full report on GB:GUN stock, click here.

More about Gunsynd

Gunsynd PLC is an AIM-quoted resources investment company with a 100% legal and beneficial interest in the Barb Gold Project in Manitoba, Canada, situated in the established Archean Rice Lake Greenstone Belt near the historic mining town of Bissett, a district that has historically produced over 1.7 million ounces of gold and hosts existing permitted gold processing infrastructure.

Average Trading Volume: 27,858,676

Technical Sentiment Signal: Hold

Current Market Cap: £2.4M

Find detailed analytics on GUN stock on TipRanks’ Stock Analysis page.