Founders Metals Inc.

Recent News

  • Founders Metals Inc. Files Annual Audited Financial Statements for Revocation of MCTO

    Vancouver, British Columbia--(Newsfile Corp. - January 28, 2022) - Founders Metals Inc. (TSXV: FDR) ("Founders" or the "Company") is pleased to confirm that further to its news releases dated January 13, 2022 and December 30, 2021, it completed yesterday the filing of its audited annual financial statements, accompanying management discussion and analysis and related CEO and CFO certifications for the year ended August 31, 2021 (the "Annual Filings") under its profile on SEDAR at www.sedar.com. As a consequence, it expects...

    2022-01-28 5:00 PM EST
  • Founders Metals Inc. Provides Bi-Weekly Status Report Regarding MCTO and Update Regarding Annual Audited Financial Statements

    Vancouver, British Columbia--(Newsfile Corp. - January 13, 2022) - Founders Metals Inc. (TSXV: FDR) ("Founders" or the "Company") provides this bi-weekly default status report in accordance with National Policy 12-203 - Cease Trade Orders for Continuous Disclosure Defaults ("NP 12-203"). As previously stated in the Company's press release dated December 30, 2021, the Company will be delayed in the filing of its audited annual financial statements, accompanying management discussion and analysis and related CEO and CFO certifications for the year...

    2022-01-13 4:00 PM EST
  • Default Announcement Pursuant to National Policy 12-203

    Vancouver, British Columbia--(Newsfile Corp. - December 30, 2021) - Founders Metals Inc. (TSXV: FDR) ("Founders" or the "Company") announced today that it will not be in a position to file its audited annual financial statements, management's discussion and analysis and related certifications for the fiscal year ended August 31, 2021 (the "Annual Statements") on or before the filing deadline of December 29, 2021, as the Company's auditors are unable to complete the Annual Statements by the filing deadline through no...

    2021-12-30 5:30 PM EST
  • Founders Metals Reports Initial Drill Results at Elmtree Including 2.06 g/t over 24.8 Metres

    Edmonton, Alberta--(Newsfile Corp. - December 22, 2021) - Founders Metals Inc. (TSXV: FDR) ("Founders" or the "Company") is pleased to announce initial drill results from the Company's recently completed 2021 drill program at the Elmtree Gold Project in northeastern New Brunswick.The 2021 Drilling and exploration program focused on confirming and expanding historical gold mineralization at the Elmtree Gold Project. The Company drilled 2,311 m over 18 holes on the Elmtree Property. These holes intersected pervasive sulfidation in the iron-rich gabbroic host and abundant...

    2021-12-22 9:00 AM EST
  • Founders Metals Initiates Drilling at the Elmtree Gold Project

    Edmonton, Alberta--(Newsfile Corp. - October 7, 2021) - Founders Metals Inc. (TSXV: FDR) ("Founders" or the "Company") is pleased to provide details on the 2021 drill program at the Elmtree Gold in northeastern New Brunswick. Drilling started October 6, 2021, focusing on infill and expanding the West Gabbro, South Gold, and Discovery Zones. Following this work, first-pass exploration drilling is planned to test several new targets identified from the historical work and this season's exploration program. The program's goals are...

    2021-10-07 8:30 AM EDT
  • Founders Metals Identifies New Targets from Drone Magnetics Survey

    Edmonton, Alberta--(Newsfile Corp. - September 20, 2021) - Founders Metals Inc. (TSXV: FDR) ("Founders" or the "Company") is pleased to announce the results of a property-wide high-resolution UAV magnetics survey at its Elmtree Gold Project in northeastern New Brunswick. Numerous northeast-trending linear magnetic lows, consistent with the gold-bearing Elmtree Fault Zone, have been identified. Magnetic highs of a similar scale and signature to the mineralized West Gabbro Zone occur along or adjacent to these linear features. Historical data show that gold mineralization...

    2021-09-20 9:00 AM EDT
  • Founders Metals Obtains Drill Permits and Signs Drill Contract and Landowner Agreements for the Elmtree Gold Project

    Edmonton, Alberta--(Newsfile Corp. - September 15, 2021) - Founders Metals Inc. (TSXV: FDR) ("Founders" or the "Company") is pleased to announce that it has received its work authorization from the New Brunswick Mining Recorder's Office. The government permit allows Founders to commence diamond drilling on the Elmtree Gold Project in northeastern New Brunswick, where it has signed landowner access agreements across the 1063-hectare property. The Company is also pleased to announce the signing of a drilling contract with Cartwright Drilling...

    2021-09-15 8:30 AM EDT
  • Founders Metals Completes High-Resolution Soil Campaign at the Elmtree Gold Project

    Edmonton, Alberta--(Newsfile Corp. - September 9, 2021) - Founders Metals Inc. (TSXV: FDR) ("Founders" or the "Company") is pleased to announce that it has completed a property-wide Ion Leach soil sampling program at its Elmtree Gold Project in northeastern New Brunswick (fig. 1). A total of 3,715 samples were collected over the 1,026-hectare property. This high-resolution sampling campaign represents the most comprehensive geochemical survey on the property to date. It leverages the sensitivity of the Ionic Leach analytical method to identify new...

    2021-09-09 9:00 AM EDT