Founders Metals Inc. is pleased to announce Chris Taylor as a new Independent Director to the Company's Board of Directors , effective immediately. Mr. Taylor is a structural and economic geologist with over two decades of experience in both junior exploration and mid-tier mining companies. As the Founder, President, and CEO of Great Bear Resources, he led the company to a major district-scale gold discovery in Canada [...]
Founders Metals Inc. announces drill core assay results from its fully-funded 2024 drill program at the Antino Gold Project in southeastern Suriname. The Company is pleased to report results from its 3,500-metre Phase 1 Buese drill program. The drilling was designed to test high-grade, shear-hosted gold mineralization as well as intrusion-hosted, bulk-tonnage style targets across one kilometre of strike within the [...]
Founders Metals Inc. announces drill core assay results from its fully-funded 2024 drill program at the Antino Gold Project in southeastern Suriname. The Company reports new high-grade, gold-bearing structures in eastward step-out and extends the Froyo Gold Zone 500 metres north. This new mineralization connects through the historical artisanal mining pit known as 'Cupcake'. Founders' diamond drilling now delineates [...]
Founders Metals Inc. is pleased to announce the exercise of its right to acquire 51% of the Antino Gold Project in southeastern Suriname. In addition, the Company has amended and restated the option agreement with Nana Resources N.V. on the Project. "Exercising our right to acquire 51% of Antino alongside the restated option agreement is a major milestone for Founders and a critical step in advancing and derisking the [...]
Founders Metals Inc. provides a corporate update and outlines regional exploration targets at the Antino Gold Project in southeastern Suriname. The Company's surficial team is successfully developing key targets for future surface exploration and drilling, including Lower Antino, Lawa, and the Southern Froyo Extension. Founders intends to expand its drill program to include an initial 1,500 metres at Lower Antino [...]
Founders Metals Inc. announces drill core assay results from its fully-funded 2024 drill program at the Antino Gold Project in southeastern Suriname. Highlights within this release demonstrate successful step-out exploration drilling from the July 22, 2024 news release focused on the Froyo Gold Zone. Drilling Highlights 44.0 metres of 2.05 grams per tonne gold Including 11.0 m of 5.73 g/t Au 35.0 m of 2.37 g/t Au 30.0 m [...]
Founders Metals Inc. announces drill core assay results from its fully-funded 2024 drill program at the Antino Gold Project in southeastern Suriname. Highlights within this release are from exploration at the Froyo Gold Zone. Drilling Highlights 46.0 metres of 5.31 grams per tonne gold Including 10.0 m of 12.05 g/t Au and 4.0 m of 29.36 g/t Au 28.0 m of 3.35 g/t Au 7.0 m of 13.52 g/t Au 6.0 m of 6.89 g/t Au "We are very [...]
Founders Metals Inc. announces the start of its 2024 Buese area drill program at the Antino Gold Project in southeastern Suriname. The Company plans to drill up to 7,000 metres at Buese in 2024 beginning with an initial 3,000 m phase 1 program. The drilling uses Founders' own recently acquired third diamond drill. The Company is focused on testing both high-grade shear zones along the margins of the Filuca intrusive and [...]
Founders Metals Inc. announces drill core assay results from its fully-funded 2024 drill program at the Antino Gold Project in southeastern Suriname. This release reports ten drill holes from the Froyo Zone . Drill hole assays and collar locations are available below as well as on the Company's website. New Drilling Highlights at Froyo Vertical Extension of Mineralization by 85 metres at Froyo 24.0 m of 5.06 grams per [...]
Founders Metals Inc. is pleased to announce preliminary metallurgical testing results from the Froyo Zone at the Antino Gold Project in southeastern Suriname. Four fresh rock samples and one saprolite sample totalling over 400 kilograms with head grades ranging from 1.55 grams per tonne gold up to 20.22 g/t Au were collected from across the Froyo Zone as representative samples. Baseline metallurgical testing began with a [...]
Founders Metals Inc. announces drill core assay results from its fully-funded 2024 drill program at the Antino Gold Project in southeastern Suriname. This release reports the remaining eight drill holes from phase one of drilling at the Donut Zone . West Donut Shear Discovery New shear zone intercepted in four holes over >150 metres of strike including: 4.5 m of 3.27 grams per tonne gold from 15.6 m downhole 12.0 m of [...]
Founders Metals Inc. is pleased to announce that the Company has closed its fully-subscribed non-brokered private placement financing pursuant to the Listed Issuer Financing Exemption of National Instrument 45-106 - Prospectus Exemptions raising gross proceeds of C$10,000,000 from the sale of up to 6,250,000 common shares of the Company to a single UK institution at a price of C$1.60 per Share. The Company intends to use [...]
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