Founders Metals Inc. announces it has completed a non-brokered private placement raising gross proceeds of $1,700,000 for 4,250,000 common 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 [...]
Founders Metals Inc. 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 [...]
Founders Metals Inc. 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 [...]
Founders Metals Inc. announces the successful completion of a high-resolution induced polarization 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 [...]
Founders Metals Inc. 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 Metals Inc. announces the start of its 2023 drill program 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 . Drilling will target extending mineralization along strike and to depth beyond the [...]
Founders Metals Inc. 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 [...]
Founders Metals Inc. 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 [...]
Founders Metals Inc. is pleased to announce results from its preliminary ground exploration program at the Antino Gold Project 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 [...]
Founders Metals Inc. 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 [...]
Founders Metals Inc. is pleased to provide an overview of the newly acquired Antino Gold Project in southeastern Suriname and within the Guiana Shield gold belt . 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 [...]
Founders Metals Inc. 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 from Orea Mining Corp. of the option to acquire up to 75% of the Antino Gold Project in Suriname from Nana Resources [...]
