Founders Metals Identifies Historical Artisanal Mining Tailings Grading up to 9.17 Grams Per Tonne Gold from Multiple Areas
Vancouver, British Columbia--(Newsfile Corp. - October 24, 2023) - Founders Metals Inc. (TSXV: FDR) ("Founders" or the "Company") announces auger geochemical survey results targeting historical artisanal mining tailings at the Antino Gold Project in southeastern Suriname, South America. The Company reports gold concentrations of up to 9.17 grams per tonne (g/t) gold (Au) in the alluvial mining tailings. The preliminary survey outlines three large tailings areas that collectively cover...
2023-10-24 7:00 AM EDT
Founders Metals Drills 45.79 m of 4.06 g/t Gold at Antino Gold Project, Extending High-Grade Gold Zone by Over 80 Metres
Vancouver, British Columbia--(Newsfile Corp. - October 6, 2023) - Founders Metals Inc. (TSXV: FDR) ("Founders" or the "Company") announces drill core assay results from its 2023 drill program at the Antino Gold Project in southeastern Suriname, South America. The Company continues to intercept high-grade gold over broad intervals in the Froyo Gold Zone. The ongoing exploration program focuses on expanding high-grade gold mineralization to depth and along strike and using new geophysical and...
2023-10-06 8:02 AM EDT
Founders Metals Announces Listing on Frankfurt Exchange
Vancouver, British Columbia--(Newsfile Corp. - October 2, 2023) - Founders Metals Inc. (TSXV: FDR) (FSE: 9DL0) (WKN: A2QQ1W) ("Founders" or the "Company") announces that it is now trading on the Frankfurt Stock Exchange under the symbol 9DL0 (WKN A2QQ1W). Listing on the Frankfurt Stock Exchange, the largest exchange in Germany and one of the world's leading trading venues, Founders Metals anticipates enhanced visibility and access to a broader investor base. The Company's main listing remains...
2023-10-02 11:36 AM EDT
Founders Metals Completes Magnetics Survey at Upper Antino
Vancouver, British Columbia--(Newsfile Corp. - September 27, 2023) - Founders Metals Inc. (TSXV: FDR) ("Founders" or the "Company") announces the completion of a high-resolution ground magnetics geophysical survey by GexplOre Services over Upper Antino at its Antino Gold Project in southeastern Suriname (Figure 1). The survey supports the many high-priority targets identified from previously released Induced Polarization (IP) survey data. Additionally, the Company will begin similar IP and...
2023-09-27 10:37 AM EDT
Founders Metals Drills 7.00 Metres of 8.12 g/t Gold and Extends High-Grade Gold Zone
Vancouver, British Columbia--(Newsfile Corp. - September 13, 2023) - Founders Metals Inc. (TSXV: FDR) ("Founders" or the "Company") announces drill core assay results from its 2023 drill program at the Antino Gold Project in southeastern Suriname. The Company continues to expand and extend high-grade gold mineralization below the saprolite/oxide boundary within the Froyo Gold Zone at Upper Antino. Founders is also continuing a comprehensive surface exploration program that focuses on...
2023-09-13 6:30 AM EDT
Founders Metals Provides Buese Area Intro with Channel Samples of up to 113 g/t Gold
Vancouver, British Columbia--(Newsfile Corp. - September 8, 2023) - Founders Metals Inc. (TSXV: FDR) ("Founders" or the "Company") provides an overview of the Buese area on the Antino Gold Project that includes new channel sample results with a 12.0-metre (m) interval returning 1.0 metre of 113.0 g/t gold and 11.0 metres of 2.4 g/t gold. The 12.0 metres sampled are within a 26.0 m shear zone not completely sampled due to collapse, but follow-up trenching will test the entire zone. The Company...
2023-09-08 8:00 AM EDT
Founders Metals Closes $1.7 Million Private Placement with Strategic Investor
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2023) - Founders Metals Inc. (TSXV: FDR) ("Founders" or the "Company") announces it has completed a non-brokered private placement (the "Private Placement") raising gross proceeds of $1,700,000 for 4,250,000 common shares (the "Shares") of the Company at a price of $0.40 per Share. The Company paid no commission or fees on the investment and all the securities issued in connection with the Private Placement are subject to a hold period...
2023-08-28 5:34 PM EDT
Founders Metals Drills 15.5 Metres of 30.72 g/t Gold at Antino Gold Project
Vancouver, British Columbia--(Newsfile Corp. - August 24, 2023) - Founders Metals Inc. (TSXV: FDR) ("Founders" or the "Company") announces drill core assay results from its maiden drill program at the Antino Gold Project in southeastern Suriname. The Company continues to deliver high-grade gold intercepts as it broadens and extends gold mineralization in the Upper Antino area. Founders has now drilled ~3500 m of the planned 10,000 m drill program and the remaining metres focus on further...
2023-08-24 8:15 AM EDT
Founders Metals Drills 9.00 m of 11.10 g/t Gold and 12.20 m of 8.75 g/t Gold at Antino Gold Project
Vancouver, British Columbia--(Newsfile Corp. - August 10, 2023) - Founders Metals Inc. (TSXV: FDR) ("Founders" or the "Company") announces additional drill core assay results from its maiden drill program at the Antino Gold Project in southeastern Suriname. The Company reports further high-grade gold intercepts as it continues to step-out from and expand gold mineralization in the Froyo Gold Zone. Rapid assay turnaround times allow Founders to continuously share results and demonstrate the...
2023-08-10 8:00 AM EDT
Founders Metals Identifies New Targets from High-Resolution IP Survey
Vancouver, British Columbia--(Newsfile Corp. - August 8, 2023) - Founders Metals Inc. (TSXV: FDR) ("Founders" or the "Company") announces the successful completion of a high-resolution induced polarization (IP) and electrical resistivity survey at the Antino Gold Project in southeastern Suriname. The ground-based geophysical survey identified multiple resistivity and chargeability anomalies coincident with known gold mineralization. The survey upgrades several exploration targets to...
2023-08-08 10:25 AM EDT
Founders Metals Drills 12.00 Metres of 19.23 g/t Gold at Antino
Vancouver, British Columbia--(Newsfile Corp. - July 27, 2023) - Founders Metals Inc. (TSXV: FDR) ("Founders" or the "Company") announces initial early results and an update on its 2023 drill program at the Antino Gold Project in southeastern Suriname. The Company's exceptional early results confirm high-grade gold mineralization in the Upper Antino Area's Froyo Zone. Ongoing drilling focuses on further extending this zone to depth and along strike. Founders also reports excellent production...
2023-07-27 8:30 AM EDT
Founders Metals Commences Maiden Drill Program at Antino Gold Project
Vancouver, British Columbia--(Newsfile Corp. - July 6, 2023) - Founders Metals Inc. (TSXV: FDR) ("Founders" or the "Company") announces the start of its 2023 drill program (Figure 1) at the Antino Gold Project in southeastern Suriname, South America. The current drilling focuses on expanding the known gold mineralization at the high-grade Froyo Zone in the Upper Antino Area (Figure 2). Drilling will target extending mineralization along strike and to depth beyond the relatively shallow...
2023-07-06 8:30 AM EDT
Founders Metals Provides Details on Upcoming 2023 Drill Program
Vancouver, British Columbia--(Newsfile Corp. - June 1, 2023) - Founders Metals Inc. (TSXV: FDR) ("Founders" or the "Company") announces its 2023 plan for up to 10,000 m of diamond drilling at the Antino Gold Project in southeastern Suriname. The program will focus on expanding the known gold mineralization at the Froyo Zone in the Upper Antino Area, in addition to testing a range of new, highly prospective targets marking a significant step towards unlocking the project's vast mineral...
2023-06-01 8:30 AM EDT
Founders Metals Purchases and Mobilizes Drills to Antino Gold Project
Vancouver, British Columbia--(Newsfile Corp. - May 11, 2023) - Founders Metals Inc. (TSXV: FDR) (the "Company") is pleased to announce the mobilization of two diamond drills to the Antino Gold Project. The equipment is scheduled to arrive at the Port of Paramaribo on May 29, 2023, and will be mobilized to the Upper Antino Camp area in early June. An in-country drill crew, with ongoing support from on-site Canadian operators, will transport, set up, and operate the drills throughout the 2023...
2023-05-11 8:30 AM EDT
Founders Metals Samples High-Grade Gold up to 54 g/t Au along 1.5 km of Strike at Upper Antino
Vancouver, British Columbia--(Newsfile Corp. - April 26, 2023) - Founders Metals Inc. (TSXV: FDR) (the "Company") is pleased to announce results from its preliminary ground exploration program at the Antino Gold Project ("Antino") in Suriname. The exploration program focused on mapping and sampling in pits and other areas exposed by recent historical mining. Gold mineralization grading up to 54 g/t Au is reported from rock grab and channel samples collected in shallow artisanal mining pits...
2023-04-26 8:30 AM EDT
Founders Metals Appoints New Vice President of Exploration and Issues Options
Vancouver, British Columbia--(Newsfile Corp. - April 24, 2023) - Founders Metals Inc. (TSXV: FDR) (the "Company") is pleased to announce that Pascal Voegeli has been appointed Vice President of Exploration, effective May 01, 2023. Mr. Voegeli will lead the upcoming exploration and expansion plans at the Company's Antino Gold Project in Suriname's Guiana Shield. Pascal is an exploration geoscientist with experience working on epithermal, porphyry, and orogenic gold deposits across several...
2023-04-24 6:47 PM EDT
Founders Metals Provides Antino Gold Project Overview
Vancouver, British Columbia--(Newsfile Corp. - April 5, 2023) - Founders Metals Inc. (TSXV: FDR) ("Founders" or the "Company") is pleased to provide an overview of the newly acquired Antino Gold Project ("Antino") in southeastern Suriname and within the Guiana Shield gold belt (Figure 1). The 200 km2 Antino Project is the most advanced active gold exploration project in Suriname with over 30,000 m of historical drilling, 35,000 auger samples, airborne geophysics, and recently acquired LiDAR...
2023-04-05 3:59 PM EDT
Founders Closes Assignment of Antino Option and Upsized Concurrent Financing of $3,083,000
Vancouver, British Columbia--(Newsfile Corp. - March 21, 2023) - Founders Metals Inc. (TSXV: FDR) (the "Company") The Company is pleased to announce that further to its news releases dated October 24, 2022, November 10, 2022, January 24, 2023, March 10, 2023, and March 16, 2023, the Company has completed the acquisition (the "Acquisition") from Orea Mining Corp. of the option (the "Option") to acquire up to 75% of the Antino Gold Project (the "Property") in Suriname from Nana Resources N.V.,...
2023-03-21 7:14 PM EDT
Founders Files NI 43-101 Technical Report on Antino Project and to Close Assignment of Antino Option on March 20, 2023
Vancouver, British Columbia--(Newsfile Corp. - March 16, 2023) - Founders Metals Inc. (TSXV: FDR) (the "Company") The Company is pleased to announce that further to its news releases dated October 24, 2022, November 10, 2022, January 24, 2023, and March 10, 2023, the Company is extending the closing to March 20, 2023, to close the concurrent financing (the "Concurrent Financing") of up to 16,000,000 units of the Company for gross proceeds of up to $3,200,000, to allow for additional...
2023-03-16 8:07 PM EDT
Founders to Close Assignment of Antino Option on March 16, 2023 with Upsized Concurrent Financing of up to $3.2 Million
Vancouver, British Columbia--(Newsfile Corp. - March 10, 2023) - Founders Metals Inc. (TSXV: FDR) (the "Company") The Company is pleased to announce that further to its news releases dated October 24, 2022, November 10, 2022, and January 24, 2023, the Company is scheduled on March 16, 2023 to complete the acquisition (the "Acquisition") by the Company from Orea Mining Corp. ("Orea") of the option (the "Option") to acquire up to 75% of the Antino Gold Project in Suriname from Nana Resources...
2023-03-10 7:07 PM EST