High-grade mineralisation at Bear Twit Project
Gunsynd PLC has confirmed high-grade lead, zinc, and silver mineralization at the Bear Twit Project, with 100% interest, following a sampling program. Assay results revealed twelve samples with 10% Zn or higher and five samples exceeding 60 g/t silver. Highlights include sample K562695 with 11.3% lead, 5.38% zinc, and 162 g/t silver, and sample K562696 with 23.4% zinc. The program also identified copper, gallium, and germanium, enhancing the system's metal endowment. One sample, K562657, showed 4.3 ppm copper and 2.86 ppm germanium. Gunsynd plans further geological mapping, sampling, and geophysics to define drill targets and is preparing a land use permit application for future drilling.
Select text to share a quote on X · sign in to keep highlights & notes in your GUN notes
Gunsynd (AIM: GUN) is pleased to provide an update on the Bear Twit Project, in Northwest Territories, Canada, in which the Company holds a 100% legal and beneficial interest.
Following the completion of a recent reconnaissance sampling program by Critical Discoveries Ltd ("Critical Discoveries"), Gunsynd has received assay results confirming high-grade lead, zinc, and silver mineralisation, accompanied by elevated concentrations of gallium, germanium, and copper. High-grade mineralisation was proven across the property, including twelve samples assaying 10% Zn or higher, and five samples with silver values greater than 60 g/t. Importantly, the sampling program identified copper, gallium, and germanium, elements that were not analysed in previous drilling campaigns. The presence of these additional critical metals enhances the potential overall metal endowment of the system.
Highlights
Bear Twit Zone
| · K562695 - Subcrop grab: Pb 11.3% | Zn 5.38% | Ag 162 g/t | Cu 0.15% | Ga 4.69 ppm |
| · K562654 - Outcrop grab: Pb 8.14% | Zn 4.67% | Ag 137 g/t | Cu 0.28% | Ga 2.80 ppm |
| · K562691 - Subcrop grab: Pb 6.02% | Zn 2.69% | Ag 86.4 g/t | Cu 0.16% | Ga 4.16 ppm |
| · K562690 - Outcrop chip 0.6 m: Pb 2.07% | Zn 11.5% | Ag 63.7 g/t | Cu 0.12% | Ga 3.6 ppm |
| · K562689 - Subcrop grab: Pb 4.08% | Zn 0.41% | Ag 83.8 g/t | Cu 0.11% | Ga 2.04 ppm |
| · K562696 - Subcrop grab: Pb 0.35% | Zn 23.4% | Ga 6.33 ppm | ||
| Big Cirque Zone | ||||
| · K562658 - Outcrop grab: Pb 11.4% | Zn 8.53% | Ga 1.73 ppm | ||
| · K562657 - Outcrop grab: Pb 0.69% | Zn 11.35% | Cu 4.3 ppm | Ga 2.04 ppm | Ge 2.86 ppm |
| · K562664 - Subcrop grab: Zn 11.7% | Ga 5.02 ppm | Ge 0.29 ppm | ||
| · K562663 - Float grab: Zn 19.25% | Ga 1.51 ppm | Ge 2.48 ppm | ||
| Rev Main Zone | ||||
| · K562679 - Outcrop grab: Zn 16.8% | Ga 1.82 ppm | Ge 7.26 ppm | ||
| · K562680 - Float grab: Zn 21.5% | Ga 3.84 ppm | Ge 3.89 ppm | ||
| · K562677 - Outcrop grab: Pb 0.36% | Zn 17.15% | Ga 3.48 ppm | Ge 3.83 ppm | |
The highest grades were returned from barite-calcite veins and breccias hosted within carbonate rocks of the Lower Palaeozoic. The mineralisation style and geochemical signature are consistent with a Mississippi Valley-Type (MVT) system. In total, 62 rock samples were collected from mineralised showings extending approximately 12 kilometres across the property. All samples were collected in the field and sealed in labelled polyethylene bags, grouped and submitted for analysis to ALS Global with certified reference standards inserted into the sample stream at regular intervals to ensure analytical accuracy and precision.
During the field program, several historical drill collars were discovered in the field that do not appear in the Company's records. In response, Gunsynd has engaged Critical Discoveries to compile, verify, and digitise all available historical exploration data across the Bear Twit Project area. This work will integrate legacy data into a modern geospatial database to support upcoming drill target definition.
Next Steps
Based on these encouraging early results, Gunsynd plans to advance the Bear Twit Project toward a drill-ready stage through a combination of detailed geological mapping, systematic channel sampling, and geophysics to better define the most suitable drill targets and extent of the proven mineralised zones. Preparation of a land use permit application is underway to allow for future drilling once final targets are defined.
Hamish Harris, Executive Chairman of Gunsynd, commented:
"These first assay results from Bear Twit are extremely encouraging and clearly confirm significant lead-zinc-silver mineralisation, with compelling upside for critical metals copper, gallium and germanium. The field work completed by the Critical Discoveries team has reinforced the project's strong potential for a MVT system, consistent with other projects in the Selwyn Basin. We look forward to progressing Bear Twit toward drill-ready status, with a view to applying for a permit and executing a maiden drill campaign when fully justified."
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.