Founders Metals
TSX.V:FDR | OTCQX:FDMIF | FSE: 9DL0
Founders Metals is a Canadian-based exploration company focused on advancing the Antino Gold Project located in Suriname, South America, in the heart of the Guiana Shield. Antino is 20,000 hectares and has produced over 500,000 ounces of gold from surface and alluvial mining to date. The Company drilled 10,000 metres in 2023 and is fully financed for drilling in 2024.
Investment Highlights
The Guiana Shield’s Next Major Gold Camp
20,000 Hectare
land package fully permitted for exploration drilling
Capital Efficient Exploration
with year around drilling at an
all-in cost of $180/oz
Fully financed for 2024
with recent C$10M raise
Excellent access to project
with barge access and airstrip on site
32,000 m of historic drilling
and 500,000+ oz Au reported from historical artisanal gold mining
Pro-mining Jurisdiction
with favorable tax and mining laws
Recent High Grade Drill Results
- 15.50 m of 30.72 g/t gold
- 38.00 m of 10.90 g/t gold
- 45.00 m of 2.16 g/t gold
- 19.00 m of 14.23 g/t gold
2024 Exploration Program
- Up to 45,000 m drill program
- Geophysics survey
- Trenching and auger sampling
- Geological mapping
Antino Gold Project
- Highly prospective geology for gold that is similar to Zijin Mining’s Rosebel Mine (13.7 Million Ounces) and Newmont’s Merian Mine (7 Million Ounces) characterized by folded volcanic and sedimentary rocks
- Proven potential with a long history of gold production occurring in the same stratigraphy hosting numerous multi-million ounce gold deposits in the region
- Multiple km-scale targets remain untested with an early focus on Upper Antino and Buese camps
- High-grade gold mineralization from surface pits, drilling, and trenching
- Limited systematic exploration providing significant potential for new discoveries
- Additional economic potential in historical tailings
Antino Gold Project Infrastructure
Upper Antino - Froyo Gold Zone
Buese Zone - Historical Drilling
The Guiana Shield’s Next Major Gold Camp
The Antino Gold Project
Antino Gold Project News
TSX.V:FDR | OTCQX:FDMIF | FSE: 9DL0
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Investor Relations
Katie MacKenzie
VP, Corporate Development
katiem@fdrmetals.com
The Howard Group (HG) is not a registered investment advisor and as such, individuals should consult a registered investment advisor prior to making any investment decisions. The information presented was obtained from sources believed to be reliable but is not guaranteed, is not all conclusive and should not be relied upon as the sole source of information/opinion for making an investment decision. The Howard Group receives remuneration for Capital Market Communication activities and HG or its employees may own securities in client companies.
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