Gunsynd (AIM:GUN) told investors it has staked an additional claim covering 256 hectares at the Barb Gold Project in Manitoba, expanding the AIM-listed gold explorer's landholding to 38 claims covering approximately 6,946 hectares.
The new ground sits immediately adjacent to the Denver claim and close to Lotus, where grab samples collected earlier this year returned up to 489 g/t gold alongside bismuth and tellurium.
The Barb Gold Project is Gunsynd's principal Canadian asset, recently enlarged through the acquisition of the Lotus 1 & 2, Denver and Brook claims, and the subject of a Phase 1 summer field programme that defined a gold-arsenic-bismuth-tellurium geochemical signature across the property.
All claims, including the new addition, have been transferred to Gunsynd's wholly owned Canadian subsidiary, 1572340 B.C. Ltd.
"The new claim brings ground immediately adjoining Denver into the Barb project," said Hamish Harris, executive director of Gunsynd. "Bringing this ground under common ownership allows us to assess it alongside Denver as we plan follow-up exploration."
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