Founders Metals Welcomes New Directors to Leadership Team
Vancouver, British Columbia--(Newsfile Corp. - June 25, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") is pleased to announce the appointment of several key individuals to leadership roles as the Company continues to advance its flagship Antino Gold Project ("Antino" or "Project") in Suriname, South America. These appointments strengthen Founders' capability to execute its accelerated exploration program while maintaining industry-leading standards of safety and stakeholder engagement.Colin Padget, President & CEO commented: "On behalf...
2025-06-25 7:30 AM EDT
Founders Metals Hits 22.5 m of 11.88 g/t Gold in New Discovery at Maria Geralda
Vancouver, British Columbia--(Newsfile Corp. - June 24, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces a new high-grade gold discovery at its Antino Gold Project ("Antino" or "Project") in southeastern Suriname (Figure 1). The Company reports a 22.5 metre (m) interval of 11.88 grams per tonne (g/t) gold (Au) at Maria Geralda, a new exploration target approximately 5 km SE of Lower Antino. The drilling follows up on systematic surface exploration, including...
2025-06-24 7:30 AM EDT
Founders Metals Expands Lower Antino & Provides Mid-Year Exploration Update
Vancouver, British Columbia--(Newsfile Corp. - June 23, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces mid-year drilling results and provides a comprehensive overview of 2025 activities at the Antino Gold Project ("Antino" or "Project") in southeastern Suriname (Figure 1). The Company is on-track and fully financed to complete 60,000+ metres (m) of drilling in 2025 alongside an aggressive surface exploration program within the 200 km2 Antino land package.HighlightsExpansion of Lower Antino confirms...
2025-06-23 7:50 AM EDT
Founders Metals Exercises Right to Increase Antino Ownership to 70%
Vancouver, British Columbia--(Newsfile Corp. - June 13, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") is pleased to announce the successful completion of all Stage 2 requirements under its Option Agreement with Lawa Gold N.V. ("Lawa") and Nana Resources N.V. ("Nana"), as outlined on May 8, 2025. Completing Stage 2 increases Founders' ownership in the Antino Gold Project ("Antino" or "Project") to 70%. "We are thrilled to formally exercise our right to acquire...
2025-06-13 7:30 AM EDT
Founders Metals Expands Upper Antino; Hits 33.0 m of 3.50 g/t Gold
Vancouver, British Columbia--(Newsfile Corp. - May 21, 2025) - 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 (Figure 1). The Company reports high-grade gold mineralization at Upper Antino including 33.0 metres (m) of 3.50 grams per tonne (g/t) gold (Au) in drilling east of the Main Froyo Shear ("Froyo"). Additional drilling results extend gold mineralization north 125 m, increasing...
2025-05-21 7:30 AM EDT
Founders Metals Completes Work Commitment Milestone for Antino Option Agreement
Vancouver, British Columbia--(Newsfile Corp. - May 8, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") is pleased to announce it has completed the expenditure requirements for Stage 2 of its Option Agreement on the Antino Gold Project in Suriname. The Company has submitted an audited report demonstrating that it has completed the required US$10,000,000 in exploration and development expenditures stipulated in the amended and restated Option Agreement with Lawa Gold N.V. ("Lawa") and...
2025-05-08 7:30 AM EDT
Founders Metals Extends Buese Gold Mineralization over 1,000 m & Intersects 21.6 m of 2.38 g/t Au
Vancouver, British Columbia--(Newsfile Corp. - April 23, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces new assay results from the Buese Prospect ("Buese") at its Antino Gold Project ("Antino") in Suriname. Buese covers over 600 hectares (ha) and is ~6 kilometres (km) southeast of Upper Antino (Figure 1). The Company reports 6.0 metres (m) of 2.33 grams per tonne (g/t) gold (Au) (BU025) in northwest step-out drilling along strike of the main...
2025-04-23 7:30 AM EDT
Founders Metals Announces Scientific Publication on Antino Gold Project
Vancouver, British Columbia--(Newsfile Corp. - April 10, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces the recent publication of a peer-reviewed scientific journal article providing new insights into the structural controls on gold mineralization at the Antino Gold Project ("Antino") and surrounding area in southeastern Suriname. Ore Geology Reviews published District to Mineral-Scale Geometry of the World-Class Antino Orogenic Gold System, Southeastern Suriname (Guiana Shield), written by Founders Metals' Chief Geologist, Vincent...
2025-04-10 4:30 PM EDT
Founders Metals Appoints Barry Macdonald as New Director & Announces Results of AGM
Vancouver, British Columbia--(Newsfile Corp. - April 10, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces the appointment of Barry Macdonald to the Company's Board of Directors as an Independent Director.Founders' President & CEO, Colin Padget, commented, "We are pleased to welcome Barry to Founders' Board of Directors. His extensive experience in finance and corporate governance will be invaluable as we continue to grow."Mr. Macdonald is a Fellow of the Chartered Professional Accountants...
2025-04-10 7:30 AM EDT
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 erstreckt sich die Goldmineralisierung bei Van Gogh bis in eine vertikale Tiefe von...
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 depth from surface at Van Gogh. The...
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 support for Founders and the...
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 east...
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 Offered Shares. The Offering was led by BMO Capital...
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 "Brokered Offering") announced on...
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 channel...
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 (m) of 3.24 grams per...
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 m. The Company has completed more than...
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 rock) and 95.3% (saprolite)Primary grind size of P80 at 50 µm resulted in the...
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 approximately 100 m...
2024-11-07 7:30 AM EST