Founders Metals stößt im Zielgebiet Van Gogh auf 72,0 m mit 2,29 g/t Gold und erweitert die Mineralisierung auf 200 m vertikale Tiefe von der Oberfläche
Vancouver, British Columbia--(Newsfile Corp. - Dienstag, 18. März 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" oder das "Unternehmen") gibt weitere Untersuchungsergebnisse seiner vorläufigen Bohrungen im Zielgebiet Van Gogh bekannt, dem jüngsten Fundort hochgradigen Goldes auf seinem Goldprojekt Antino ("Antino" oder "Projekt") im Südosten von Suriname (Abbildung 1). Das Unternehmen meldet 72,0 Meter (m) mit 2,29 Gramm pro Tonne (g/t) Gold (Au). Somit...
2025-03-18 1:08 PM EDT
Founders Metals Hits 72.0 m of 2.29 g/t Gold at Van Gogh; Extends Mineralization from Surface to 200 m Vertical Depth
Vancouver, British Columbia--(Newsfile Corp. - March 17, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces further assay results from preliminary drilling at Van Gogh, the most recent high-grade gold discovery at its Antino Gold Project ("Antino" or "Project") in southeastern Suriname (Figure 1). The Company reports 72.0 metres (m) of 2.29 grams per tonne (g/t) gold (Au) extending gold mineralization to approximately 200.0 m vertical...
2025-03-17 7:30 AM EDT
Founders Metals Closes C$2.6M Financing with B2Gold
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces that it has closed its previously announced investment from B2Gold Corp. ("B2Gold") of 484,239 common shares of the Company (the "Shares") at a price of C$5.30 per Share for aggregate gross proceeds of ~C$2.6 million (the "Investment"). Colin Padget, Founders' President & CEO commented, "We are pleased to have B2Gold's ongoing...
2025-02-24 7:30 AM EST
Founders Metals Hits 28.5 m of 7.12 g/t Au in First Drill Hole at Van Gogh Discovery
Vancouver, British Columbia--(Newsfile Corp. - February 20, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces the first assay results of its 2025 drilling campaign and a new drill-confirmed high-grade gold discovery at its Antino Gold Project ("Antino" or "Project") in southeastern Suriname (Figure 1). The Company reports 28.5 metres (m) of 7.12 grams per tonne (g/t) gold (Au) from 18.6 m in the first drill hole at Van Gogh, 3.8 km...
2025-02-20 8:37 AM EST
Founders Metals Closes C$32.5 Million Bought Deal Financing
Vancouver, British Columbia--(Newsfile Corp. - February 20, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces the closing of its previously announced bought deal private placement offering of 6,136,455 common shares (the "Offered Shares") at a price of C$5.30 per Offered Share for aggregate gross proceeds of C$32,523,211 (the "Offering"), including the partial exercise of the Underwriters' (as defined herein) option to purchase 420,455...
2025-02-20 8:21 AM EST
B2Gold Increases Investment in Founders Metals
Vancouver, British Columbia--(Newsfile Corp. - February 13, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces that B2Gold Corp. ("B2Gold") has increased its investment in Founders by subscribing for an additional 484,239 common shares of the Company (the "Shares") on a private placement basis at a price of C$5.30 per Share for total gross proceeds of ~C$2.57 million (the "Investment"). Together with the ~C$30 million bought deal (the...
2025-02-13 4:15 PM EST
Founders Metals Makes First High-Grade Gold Discovery of 2025; 17.8 m of 5.68 g/t Au at Surface in New Zone
Vancouver, British Columbia--(Newsfile Corp. - January 21, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces a new high-grade gold discovery 1.8 kilometres (km) west of the Lawa Prospect, at the Antino Gold Project ("Antino" or "Project") in southeastern Suriname (Figure 1). The Company highlights grab sample results with assays ranging from 1.5 to 66.8 grams per tonne (g/t) gold (Au), and 17.8 metres (m) of 5.68 g/t Au in the first...
2025-01-21 6:15 AM EST
Christmas in the Jungle: Founders Metals Hits 36.0 m of 2.21 g/t Gold & 67.0 m of 1.26 g/t Gold from Surface in New Da Vinci Discovery
Vancouver, British Columbia--(Newsfile Corp. - December 11, 2024) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces drill core assay results from the newly discovered Da Vinci prospect ("Da Vinci") at the Antino Gold Project ("Antino" or "Project") in southeastern Suriname (Figure 1). The Company reports results from the first five holes at Da Vinci where gold mineralization occurs from surface over two broad shear zones including, 21 metres...
2024-12-11 7:30 AM EST
Founders Metals Hits 23.0 metres of 5.00 g/t Gold at Froyo & Extends Zone by 180 metres
Vancouver, British Columbia--(Newsfile Corp. - December 5, 2024) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces drill core assay results from the Antino Gold Project ("Antino" or "Project") in southeastern Suriname. The Company reports high-grade gold mineralization including 23.0 metres (m) of 5.00 grams per tonne (g/t) gold (Au) at the Froyo Gold Zone ("Froyo" or "Zone"). Additional drilling extends gold mineralization at Froyo by 180...
2024-12-05 12:39 PM EST
Founders Metals Announces Positive Metallurgical Test Work
Vancouver, British Columbia--(Newsfile Corp. - November 21, 2024) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces metallurgical test results for its Antino Gold Project ("Antino" or the "Project") in southeastern Suriname. Testing was focused on the chemical and mineralogical characterization, comminution testing, gravity test work and a comprehensive cyanidation study. HighlightsGold extraction for gravity-leach averaged 94.9% (fresh...
2024-11-21 7:30 AM EST
Founders Metals Hits New Discovery in Third Lower Antino Drill Hole
Vancouver, British Columbia--(Newsfile Corp. - November 7, 2024) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces drill core assay results from its maiden drill program at Lower Antino on the Antino Gold Project ("Antino" or "Project") in southeastern Suriname. Founders reports 81.9 metres (m) of 1.01 grams per tonne (g/t) gold (Au) within a broader, >200 m wide zone of anomalous gold. The zone was intersected in unweathered rock...
2024-11-07 7:30 AM EST
Founders Metals Closes C$12.1M Financing with B2Gold
Vancouver, British Columbia--(Newsfile Corp. - November 5, 2024) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") is pleased to announce that it has closed its previously announced strategic investment from B2Gold Corp. ("B2Gold") of 4,400,000 common shares of the Company (the "Offered Shares") at a price of C$2.75 per Offered Share for aggregate gross proceeds of C$12,100,000 (the "Offering"). The Offering represents 5.0% of the issued and...
2024-11-05 7:30 AM EST
Founders Metals Closes C$20M Bought Deal Financing
Vancouver, British Columbia--(Newsfile Corp. - October 25, 2024) - Founders Metals Inc. (TSXV:FDR) ("Founders" or the "Company") is pleased to announce the closing of its previously-announced bought deal private placement offering of 8,340,000 common shares of the Company (the "Offered Shares") at a price of C$2.40 per Offered Share for aggregate gross proceeds of C$20,016,000 (the "Offering"). The Offering was led by BMO Capital Markets, as lead underwriter and sole bookrunner, on behalf of...
2024-10-25 8:36 AM EDT
B2Gold Invests C$12.1 Million in Founders Metals
Vancouver, British Columbia--(Newsfile Corp. - October 11, 2024) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") is pleased to announce that, further to the press release dated October 10, 2024, it has entered into an agreement with B2Gold Corp. (TSX: BTO) (NYSE American: BTG) (NSX: B2G) ("B2Gold") for a C$12.1 million investment (the "Strategic Investment") at a price of C$2.75 per common share (each, a "Share"). Together with the previously...
2024-10-11 7:30 AM EDT
Chris Taylor Joins Founders Metals as New Director
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2024) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") is pleased to announce Chris Taylor as a new Independent Director to the Company's Board of Directors ("Board" or "BOD"), 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...
2024-10-01 7:30 AM EDT
Founders Metals Hits at Buese; Intercepts 20 m of 7.65 g/t Gold
Vancouver, British Columbia--(Newsfile Corp. - September 24, 2024) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces drill core assay results from its fully-funded 2024 drill program at the Antino Gold Project ("Antino" or the "Project") in southeastern Suriname. The Company is pleased to report results from its 3,500-metre (m) Phase 1 Buese drill program. The drilling was designed to test high-grade, shear-hosted gold mineralization as well...
2024-09-24 7:30 AM EDT
Froyo Eats Cupcake; Founders Metals Extends Froyo Gold Zone by 500 Metres
Vancouver, British Columbia--(Newsfile Corp. - September 11, 2024) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces drill core assay results from its fully-funded 2024 drill program at the Antino Gold Project ("Antino" or the "Project") in southeastern Suriname. The Company reports new high-grade, gold-bearing structures in eastward step-out and extends the Froyo Gold Zone ("Froyo") 500 metres (m) north. This new mineralization connects...
2024-09-11 7:30 AM EDT
Founders Metals Exercises Right to Acquire 51% of the Antino Gold Project
Vancouver, British Columbia--(Newsfile Corp. - September 6, 2024) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") is pleased to announce the exercise of its right to acquire 51% of the Antino Gold Project ("Antino" or "Project") in southeastern Suriname. In addition, the Company has amended and restated the option agreement (the "Amended and Restated Option") with Nana Resources N.V. ("Nana") on the Project."Exercising our right to acquire 51% of...
2024-09-06 7:30 AM EDT
Founders Metals Increases Confidence in Regional Exploration Targets at Antino
Vancouver, British Columbia--(Newsfile Corp. - August 26, 2024) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") provides a corporate update and outlines regional exploration targets at the Antino Gold Project ("Antino" or "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...
2024-08-26 7:30 AM EDT
Froyo Continues to Grow; Founders Metals Hits 44.0 m of 2.05 g/t Au in 65 m Step-Out
Vancouver, British Columbia--(Newsfile Corp. - August 8, 2024) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces drill core assay results from its fully-funded 2024 drill program at the Antino Gold Project ("Antino" or the "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 Highlights44.0 metres (m)...
2024-08-08 7:30 AM EDT