Founders Metals Inc
Company Overview
Mining company
Latest News
Founders Metals Exercises Right to Increase Antino Ownership to 70%
Founders Metals completed Stage 2, increasing ownership of the Antino Gold Project to 70%, advancing exploration and de-risking the project with plans for further development.
Founders Metals Completes Work Commitment Milestone for Antino Option Agreement
Founders Metals completed Stage 2 expenditures on the Antino Gold Project, increasing ownership to 70%, and granted stock options and RSUs to staff.
Founders Metals Extends Buese Gold Mineralization over 1,000 m & Intersects 21.6 m of 2.38 g/t Au
Founders Metals reports promising gold assay results at Buese Prospect, indicating significant expansion, bulk tonnage potential, and ongoing mineralization at the Antino Gold Project in Suriname.
Founders Metals Announces Scientific Publication on Antino Gold Project
Founders Metals Inc. published a peer-reviewed article on gold mineralization at the Antino Gold Project in Suriname, highlighting geological insights that enhance exploration strategies. The company aims to expand advanced …
Founders Metals Appoints Barry Macdonald as New Director & Announces Results of AGM
Founders Metals Inc. appointed Barry Macdonald as an Independent Director, highlighting his extensive finance and governance experience. Shareholders also approved the election of all Directors and reappointment of auditors during …
Founders Metals Hits 72.0 m of 2.29 g/t Gold at Van Gogh; Extends Mineralization from Surface to 200 m Vertical Depth
Founders Metals Inc. reports promising assay results from drilling at the Van Gogh site within its Antino Gold Project in Suriname, revealing significant gold mineralization. The company plans to prioritize …
Founders Metals Closes C$2.6M Financing with B2Gold
Founders Metals Inc. has closed a C$2.6 million investment from B2Gold Corp. for 484,239 shares at C$5.30 each. The funds will support exploration at the Antino Gold Project and general …
Founders Metals Hits 28.5 m of 7.12 g/t Au in First Drill Hole at Van Gogh Discovery
Founders Metals Inc. reports a significant gold discovery at its Antino Gold Project in Suriname, with the first drill hole at Van Gogh yielding 28.5 meters of 7.12 g/t gold. …
Founders Metals Closes C$32.5 Million Bought Deal Financing
Founders Metals Inc. closed a bought deal private placement, raising C$32.5 million by issuing 6.1 million common shares at C$5.30 each. Proceeds will fund exploration of the Antino Gold Project. …
B2Gold Increases Investment in Founders Metals
Founders Metals Inc. announces B2Gold Corp. has increased its investment by acquiring 484,239 shares at C$5.30 each, raising ~C$2.57 million. Combined with a prior offering, total funds could reach ~C$37 …
Founders Metals Makes First High-Grade Gold Discovery of 2025; 17.8 m of 5.68 g/t Au at Surface in New Zone
Founders Metals Inc. has announced a significant high-grade gold discovery at the Antino Gold Project in Suriname, with assays up to 66.8 g/t Au. The company has initiated drilling on …
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
Founders Metals Inc. announced promising gold assay results from the newly discovered Da Vinci prospect at the Antino Gold Project in Suriname, confirming significant gold mineralization in the first five …
Founders Metals Hits 23.0 metres of 5.00 g/t Gold at Froyo & Extends Zone by 180 metres
Founders Metals Inc. reports high-grade gold assay results from the Antino Gold Project in Suriname, with significant intersections at the Froyo Gold Zone and extended mineralization. The company has drilled …
Founders Metals Announces Positive Metallurgical Test Work
Founders Metals Inc. announced metallurgical test results for its Antino Gold Project in Suriname. The tests showed an average gold extraction of 94.9% for fresh rock and 95.3% for saprolite, …
Founders Metals Hits New Discovery in Third Lower Antino Drill Hole
Founders Metals Inc. has announced the results of its maiden drill program at the Antino Gold Project in Suriname. The company reported 81.9 meters of 1.01 grams per tonne gold …
Founders Metals Closes C$12.1M Financing with B2Gold
Founders Metals Inc. has closed a strategic investment deal with B2Gold Corp., selling 4.4 million common shares at a price of C$2.75 per share, raising C$12.1 million in gross proceeds. …
Founders Metals Closes C$20M Bought Deal Financing
Founders Metals Inc. has completed its planned private placement offering of 8,340,000 Shares at C$2.40 per share, raising a total of C$20,016,000. The offering was headed by BMO Capital Markets, …
Analysis
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Antino Gold Project
A highly prospective gold project with a 20,000 hectare land package, fully permitted for exploration, with historical drilling and significant gold mineralization. Focused on multiple targets including Upper Antino, Buese, …
Buese Zone
A zone covering 600 hectares with gold mineralization over a 2 km strike length, with drill results indicating high-grade and bulk tonnage potential. Ongoing exploration aims to further define mineralization.
Da Vinci - Upper Antino
A new discovery confirming gold mineralization over 100 m of strike and 180 m depth, with intercepts such as 21.0 m of 3.24 g/t Au. Displays geological features similar to …
Lower Antino
A newly discovered zone with a 81.9 m intercept of 1.01 g/t Au, characterized by a 1.5 km wide and 2 km long gold anomaly, with ongoing exploration including geophysical …
Upper Antino
A gold deposit with a 1.6 km drill-defined gold trend, high-grade mineralization from surface, and ongoing drilling to define strike and depth potential. Highlights include multiple high-grade intercepts such as …
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