Founders Metals Inc
Company Overview
Founders Metals is focused on advancing the Antino Gold Project, located in Suriname, which is identified as Suriname's Next Major Gold Camp. The project exhibits highly prospective geology for orogenic gold deposits, characterized by folded volcanic and sedimentary rocks with proven gold endowment. It holds potential for numerous multi-million-ounce gold deposits across its 20,000 ha property, with high-grade gold mineralization identified from surface and tested to 500 m vertical depth at Upper Antino. Preliminary metallurgical tests show excellent recoveries ranging from 91% to 96%. Founders Metals sees this as a district-scale opportunity with significant growth potential, advancing in a mining-friendly jurisdiction, with all mineralized zones remaining open along strike and at depth.
Latest News
Founders Metals Announces $50,000,000 Strategic Investment by Gold Fields
Gold Fields invests $50M in Founders Metals for exploration at Suriname's Antino Project, strengthening partnership, land expansion, and regional gold development.
Founders Metals Expands Antino Gold Project with Addition of 36,000 Hectares
Founders Metals expands its land in Suriname by acquiring 36,000 ha near Antino, nearly tripling its size, with promising high-grade gold targets and extensive historical exploration data.
Founders Metals Hits Deep High-Grade Mineralization at Upper Antino; 18.0 m of 6.14 g/t Gold from 450 m
Founders Metals reports high-grade gold assay results from deep drilling at the Antino Gold Project, confirming mineralization at depth and potential for significant resource expansion.
Founders Metals Provides Exploration Update on Emerging Targets at Antino
Founders advances exploration at Antino Gold Project, completing sampling and Phase 2 drilling, with high-grade targets like Maria Geralda and Parbo showing strong potential.
B2Gold Increases Position in Founders Metals
B2Gold increased its stake in Founders Metals to about 6%, reaffirming confidence in the Antino Gold Project in Suriname.
Founders Metals Expands High-Grade Gold Zone at Upper Antino with 46.0 m of 3.59 g/t Au & Deep Drilling Extends Mineralization to 500 m Vertical Depth
Founders reports positive drill results at the Antino Gold Project, extending mineralization to 500m depth and highlighting high-grade zones, indicating growth potential.
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
Antino Gold Project is identified as Suriname's Next Major Gold Camp. It exhibits highly prospective geology for orogenic gold deposits, characterized by folded volcanic and sedimentary rocks with proven gold …
Buese
Buese hosts intrusion-hosted orogenic gold mineralization intercepted over 2,000 m of strike and to a depth of 250 m. Drilling highlights include 78.0 m of 2.35 g/t Au (including 20.0 …
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
Da Vinci confirms surface gold mineralization in parallel shears over approximately 150 m of strike and 250 m of true depth in the first eight holes. Highlights from drilling include …
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 …
Lawa
Lawa represents a major structural corridor with significant discovery potential, comprising over 8.0 km of mapped shearing and extensive artisanal workings. Recent channel sample results include 27.0 m of 1.99 …
Lower Antino
Lower Antino features intrusion-hosted orogenic gold mineralization within three drill-defined, northeast-trending zones. Surface gold mineralization is defined over 700 m of strike and remains open within a >1,500 m auger …
Maria Geralda
Maria Geralda was a discovery in the third drill hole, with 22.5 m of 11.88 g/t Au. This discovery validates the company's systematic exploration approach, with 54% of auger samples …
Parbo
Founders recently started an initial surficial exploration program at Parbo, with up to 1,500 m of trenching, expansion of the historical auger grid, and detailed geological mapping. The company plans …
Upper Antino
Upper Antino represents the most advanced target on the property, with established high-grade gold mineralization across multiple zones. It features a robust orogenic gold system spanning 1,900 m along strike, …
Van Gogh
Van Gogh is a new discovery located 3.8 km east of Da Vinci and 2.0 km southwest of Lawa. Initial drilling followed up on a channel sample of 17.8 m …
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