Tag: Founders

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

2023-10-06 05:07:30 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. […]

Founders Metals Announces Listing on Frankfurt Exchange Under Symbol 9DL0

2023-10-02 08:38:47 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 […]

Founders Metals Completes Magnetics Survey at Upper Antino

2023-10-01 09:34:18 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 […]

Founders Metals Provides Buese Area Intro with Channel Samples of up to 113 g/t Gold

2023-09-08 05:04:17 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 […]

Founders Metals Closes $1.7 Million Private Placement with Strategic Investor

2023-08-28 14:39:09 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 […]

Founders Metals Drills 15.5 Metres of 30.72 g/t Gold at Antino Gold Project

2023-08-24 05:21:06 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 […]

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

2023-08-10 05:03:41 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 […]

Founders Metals Identifies New Targets from High-Resolution IP Survey

2023-08-08 07:30:44 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 […]

Founders Metals Drills 12.00 Metres of 19.23 g/t Gold at Antino Gold Project in Southeastern Suriname

2023-07-27 05:34:42 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 […]

Founders Metals Commences Maiden Drill Program at Antino Gold Project in Suriname

2023-07-06 05:33:43 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 […]

Founders Metals Purchases and Mobilizes Drills to Antino Gold Project

2023-05-11 05:36:19 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 […]

Founders Metals Samples High-Grade Gold up to 54 g/t Au along 1.5 km of Strike at Upper Antino

2023-04-26 05:33:16 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. […]

Founders Metals Appoints New Vice President of Exploration and Issues Options

2023-04-24 15:50:13 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 […]

Founders Metals Provides Antino Gold Project Overview

2023-04-05 13:04:16 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 […]

Founders Metals to Close Assignment of Antino Option on March 16, 2023 with Upsized Concurrent Financing of up to $3.2 Million

2023-03-10 17:12:05 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 […]

Founders Metals Announces $2.5 Million Private Placement

2022-11-10 07:11:16 Vancouver, British Columbia–(Newsfile Corp. – November 10, 2022) – Founders Metals Inc. (TSXV: FDR) (the “Company“) – Further to the news release dated October 24, 2022, the Company is pleased to announce a private placement to raise gross proceeds of up to $2,500,000 (the “Private Placement“) in accordance with the policies of the […]

Founders Metals Appoints Colin Padget as President and CEO

2022-11-02 06:05:10 Edmonton, Alberta–(Newsfile Corp. – November 2, 2022) – Founders Metals Inc. (TSXV: FDR) (“Founders“ or the “Company“) is pleased to announce that Colin Padget has been appointed as President, Chief Executive Officer, and Director to lead the Company’s growth and expansion of its newly acquired Antino Gold Project in Suriname. The addition of […]

Founders Metals Reports Initial Drill Results at Elmtree Including 2.06 g/t over 24.8 Metres

2021-12-22 07:16:14 Edmonton, Alberta–(Newsfile Corp. – December 22, 2021) – Founders Metals Inc. (TSXV: FDR) (“Founders“ or the “Company“) is pleased to announce initial drill results from the Company’s recently completed 2021 drill program at the Elmtree Gold Project in northeastern New Brunswick. The 2021 Drilling and exploration program focused on confirming and expanding historical gold mineralization at […]

Founders Metals Initiates Drilling at the Elmtree Gold Project

2021-10-07 05:39:05 Edmonton, Alberta–(Newsfile Corp. – October 7, 2021) – Founders Metals Inc. (TSXV: FDR) (“Founders“ or the “Company“) is pleased to provide details on the 2021 drill program at the Elmtree Gold in northeastern New Brunswick. Drilling started October 6, 2021, focusing on infill and expanding the West Gabbro, South Gold, and Discovery Zones. […]