Founders Metals Stock Price, News & Analysis

Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) announces the publication of a peer-reviewed scientific article in Ore Geology Reviews about the structural controls on gold mineralization at the Antino Gold Project in southeastern Suriname.

The research paper, authored by Founders Metals' Chief Geologist Vincent Combes, reveals that gold mineralization in the Antino district is primarily found within shear zones and intermediate intrusive bodies at lithological boundaries. The study highlights how key deformation events created extensive veining, brecciation, and shear zones, which serve as important pathways for gold mineralization.

The research confirms that later stage deformation was important for high-grade gold concentration at Antino, and emphasizes the significance of tonalite-trondhjemite-granodiorite (TTG) complexes in strain accumulation and distribution.

Founders Metals (TSXV: FDR) (OTCQX: FDMIF) has appointed Barry Macdonald as a new Independent Director to its Board. Macdonald brings over 40 years of experience in strategic governance, international tax, mergers and acquisitions, and corporate finance as a retired PwC Partner and Fellow of the Chartered Professional Accountants of British Columbia.

The company also announced results from its April 8th, 2025 Annual General Meeting, where shareholders approved all Director elections and Macdonald's appointment. The meeting saw participation from 41,676,989 shares, representing 41.94% of outstanding shares. All directors received strong approval ratings, with Colin Padget and Barry Macdonald receiving 99.99% approval, Nicholas Stajduhar 92.85%, Kevin Vienneau 98.79%, and Christopher Taylor 96.88%. Shareholders also approved MS Partners LLP as auditors and the stock option plan.

Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) has announced significant drilling results from its Van Gogh discovery at the Antino Gold Project in Suriname. The company reported an intercept of 72.0 metres of 2.29 g/t gold from 177.0 metres down hole, extending gold mineralization to approximately 200.0 metres vertical depth from surface.

Key findings include gold mineralization extending from surface (channel - 17.8 m of 5.68 g/t Au), through saprolite zone (VG001 - 28.5 m of 7.12 g/t Au), and into fresh rock. The Van Gogh discovery, located 2.0 km from Lawa and 3.8 km from Da Vinci, represents a completely original find with no historical artisanal mining within 1.5 km.

The company currently operates four full-time drills and plans to add a fifth rig by mid-year. Founders Metals is committing up to 50% of its 2025 drill metres to high-priority targets in new areas.

Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) has announced significant results from its 2025 drilling campaign at the Antino Gold Project in Suriname. The company reported 28.5 metres of 7.12 g/t gold from 18.6m depth in the first drill hole at the new Van Gogh discovery, located 3.8 km east of the Da Vinci prospect.

The Van Gogh site is situated 2.0 km from Lawa and forms part of a northwest-oriented gold trend extending to the Maria Geralda target. The gold mineralization occurs within a ~30m wide mylonite zone, featuring strongly silicified country rock and quartz intervals up to 5m. The highest-grade intervals contain up to 15% sulphide and show significant brecciation.

The company reports pending drill holes with similar quartz-sulphide mineralization, suggesting mineralized body continuity over >150m. This discovery, along with Da Vinci, supports Founders' exploration strategy, with nine additional high-priority targets identified at Antino.

Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) has announced a significant new high-grade gold discovery at its Antino Gold Project in Suriname. The company reported impressive results from the newly identified 'Van Gogh' zone, located 1.8 km west of the Lawa Prospect, including channel samples of 17.8 metres at 5.68 g/t gold and grab samples ranging from 1.5 to 66.8 g/t gold.

The discovery reveals a multi-kilometre parallel gold trend east of the main Antino structure. The Van Gogh zone features a ~20m wide mylonite zone with gold mineralization containing 2-5% disseminated pyrite. The company has commenced its fully funded 60,000-metre drill program for 2025, focusing on new discoveries and extending known gold mineralization across multiple targets including Upper Antino, Buese, Lower Antino, and Da Vinci.

Founders Metals Inc. (TSXV: FDR) announces significant drill results from its new Da Vinci prospect at the Antino Gold Project in Suriname. The first five drill holes revealed substantial gold mineralization from surface, including notable intersections of 36.0 metres of 2.21 g/t gold and 67.0 metres of 1.26 g/t gold. The discovery shows two northwest-striking, sub-parallel shears with characteristics similar to the Upper Antino Froyo Zone.

The drilling program, initially planned for three holes, has been expanded to twelve holes, with additional results expected in early Q1 2025. The company has confirmed mineralization over 100m of strike and 180m vertical depth, with visual confirmation suggesting extension to over 250m strike and ~200m vertical depth. Founders Metals has secured funding for 60,000 metres of drilling in 2025.

Founders Metals Inc. (TSXV: FDR) reports significant drill results from its Antino Gold Project in Suriname, highlighting 23.0 metres of 5.00 g/t gold at the Froyo Gold Zone. The company has extended gold mineralization by 180 meters and completed over 40,000 meters of drilling this year.

Key drilling highlights include broad, high-grade gold mineralization continuing north in Froyo with 4.0m of 15.34 g/t Au and 10.0m of 4.23 g/t Au. The Froyo zone now has a drill-defined strike length of ~1.6 km and a ~300m wide mineralized footprint, with gold mineralization extending to 275m depth and remaining open in all directions.

The company also announced new exploration targets at Lawa North and South, extending 13 km, and the Da Vinci target situated 4 km southeast of Buese, with initial drilling results expected by year-end.

Founders Metals (TSXV: FDR, OTCQX: FDMIF) has announced positive metallurgical test results for its Antino Gold Project in Suriname. The testing revealed excellent gold extraction rates averaging 94.9% for fresh rock and 95.3% for saprolite. The optimal primary grind size of P80 at 50 μm achieved 95.0% gold recovery. Comminution tests showed medium hardness levels consistent with other Guiana Shield gold deposits, with Bond Ball Mill Work Index averaging 13.2 kWh/t. The study also demonstrated negligible concentrations of deleterious elements and low acid consumption. Testing of historical tailings samples showed an average gold recovery of 96.8%.

Founders Metals (TSXV: FDR) (OTCQX: FDMIF) announces significant drill results from its Lower Antino maiden drill program in Suriname. The company reports 81.9 metres of 1.01 g/t gold, including 26.0 metres of 2.36 g/t gold within a broader >200m wide zone of anomalous gold. The discovery was made in unweathered rock approximately 100m down-dip of a historical auger gold anomaly.

Based on these preliminary results, Founders has expanded its Phase 1 Lower Antino drill program from 1,500m to 4,500m. The mineralization occurs within a sheared tonalitic intrusive containing up to 15% disseminated pyrite. Recent channel sampling revealed grades up to 21 g/t Au, with historical grab samples reported up to 340 g/t Au.