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High Grade historical results at Bear Twit

In brief · summary, not quotable

Gunsynd Plc has identified a new high-grade silver-zinc-lead target at its Bear Twit Project after compiling historical data. The Enyo showing revealed high-grade mineralization, with rock chip samples returning up to 651 g/t silver, 54.32% zinc, and 58.12% lead. Soil samples graded up to 16.8 g/t silver, 1.45% zinc, and 0.84% lead. The combined silver-zinc-lead anomaly extends over an area approximately 1.5 km long by 0.5 km wide. The company aims to progress Bear Twit toward drill-ready status.

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Gunsynd Plc (AIM: GUN) is pleased to announce that the compilation of historical data has revealed a new high-grade silver-zinc-lead target at its Bear Twit Project ("Bear Twit" or the "Project"), located in the Mackenzie Mining District, Northwest Territories, Canada. The Company holds a 100% legal and beneficial interest in the Project.

As per the announcement on 16 October 2025, Gunsynd engaged Critical Discoveries to compile, verify, and digitise all available historical exploration data across the Bear Twit Project area. This work integrated legacy data into a modern geospatial database to advance the property and develop potential drill targets. It has revealed an additional silver-lead-zinc showing known as Enyo where in 2013 rock, silt and soil assays were carried out. High-grade mineralisation was proven across the location, including fourteen samples assaying 20% Zn or higher, and ten samples with silver values greater than 100 g/t.

Enyo Showing Highlights:

  • Rock chip samples returned up to 651 g/t silver (Ag), 54.32 % zinc (Zn), and 58.12 % lead (Pb).
  • Soil samples graded up to 16.8 g/t silver, 1.45 % zinc, and 0.84 % lead.
  • The combined silver-zinc-lead anomaly extends over an area approximately 1.5 km long by 0.5 km wide.

Hamish Harris, Executive Chairman of Gunsynd, commented: "These additional assay results from the Enyo Showing are encouraging and clearly confirm significant lead-zinc-silver mineralisation, with compelling upside for previously untested critical metals copper, gallium and germanium. We look forward to progressing Bear Twit toward drill-ready status."

Rock samples were collected where mineralisation was noted as fist sized Grab samples, or as Chip or Channel samples.

Table 1 . Rock chip assays summary at Enyo Showing. Light blue highlights indicate values of silver (Ag > 100 g/t), lead (Pb > 10 %), zinc (Zn > 10 %), and combined Pb + Zn > 50 %.

Soil sampling was collected along contour lines with a 50 m spacing. Soil samples were collected from pits dug with geo-tools to an average depth of 15-30 cm. Where possible the soil sample was collected from the B-Horizon of the soil profile.

Table 2. Soil sample assays summary at Enyo Showing. Light blue highlights indicate values of silver (Ag > 10 g/t), lead (Pb > 500 ppm), zinc (Zn > 500 ppm), and combined Pb + Zn > 0.50 %.

Figure 1. Historical rock, silt and soil assays at Enyo Showing, highlighting its high Pb+Zn grades

Figure 2. Bear Twit Property Scale Showings and Geochemistry

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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