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Founders Metals Inc. reports news on gold exploration and project advancement at the Antino Gold Project in southeastern Suriname. Company updates regularly cover diamond drilling, auger and channel sampling, high-grade gold intercepts, mapped shear zones, and target areas such as Lower Antino and Antino North within the broader mineralized system.
Additional recurring developments include environmental baseline work tied to environmental assessment and feasibility processes, shareholder-meeting results, equity-based compensation plans, index inclusion, and strategic ownership changes involving Gold Fields.
Founders Metals (OTCQX:FDMIF) reported mid‑year results from its fully funded 70,000 m drill program at the Antino Gold Project in Suriname. First-ever drilling at Antino Northeast confirmed a new gold discovery with 58.5 m at 1.00 g/t Au in hole ANE009 and a second intercept of 53.0 m at 0.46 g/t Au in ANE002, defining about 1,200 m of drill-confirmed strike that remains open.
At Antino North, drilling has confirmed gold on three of twelve mapped shear zones, including 16.5 m at 1.82 g/t Au and 8.1 m at 3.42 g/t Au. At Maria Geralda, deep auger work expanded a near-surface high-grade shoot, with results up to 30.0 m at 4.52 g/t Au and 23.0 m at 5.31 g/t Au. At Antino West, follow-up drilling intersected a 35 m wide shear zone with visible gold; assays are pending.
Founders Metals (OTCQX:FDMIF, TSXV:FDR) appointed Felicia de la Paz as Chief Financial Officer and Corporate Secretary, effective July 6, 2026. The company highlights her 15+ years of natural resources experience and states it remains fully funded for its 70,000 metre 2026 exploration program at the Antino Gold Project.
Founders Metals (OTCQX:FDMIF) reported new drill results from the Antino Gold Project in Suriname. A new discovery 1.2 km west of Upper Antino returned 53.1 m of 1.21 g/t Au from surface (FR217). At Upper Antino, hole FR230 intersected 9.0 m of 12.21 g/t Au from about 320 m vertical depth and 37.0 m of 3.27 g/t Au from 209 m. Other notable intercepts include 33.0 m of 2.15 g/t Au from 85 m (FR225) and 3.0 m of 29.17 g/t Au from 101 m (FR219). Some step-out holes northwest of the main Upper Antino area returned no significant gold. Follow-up and resource-definition drilling are ongoing.
Founders Metals (OTCQX:FDMIF, TSXV:FDR) reported deep auger drilling results from the Maria Geralda target at the Antino Gold Project in Suriname.
Highlights include 30.0 m of 4.64 g/t Au and 12.0 m of 10.57 g/t Au, defining a coherent, plunging high-grade gold shoot open at depth and providing precise targets for diamond drilling planned for early Q4 2026.
Founders Metals (OTCQX:FDMIF) announced that the earn-in period for the Antino Gold Project has ended and the joint venture phase has begun under its option agreement with Nana Resources and Lawa Gold.
Founders holds a 70% interest in the project via Lawa, remains operator, and has chosen not to exercise its Third Option to acquire an additional 5% interest.
Founders Metals (OTCQX: FDMIF) reported results of its Annual General and Special Meeting held May 7, 2026 in Vancouver. Shareholders re-elected all directors and appointed Davidson & Company LLP as auditors. The meeting approved a new Omnibus Long-Term Incentive Plan reserving up to 10% of outstanding shares for awards. A total of 63,550,622 shares were voted, representing 54.81% of issued and outstanding shares at the record date. The Omnibus Plan has board approval (Apr 6, 2026) and conditional TSXV approval (Mar 31, 2026) and remains subject to final TSXV approval.
Founders Metals (OTCQX: FDMIF) reports high-grade drill results at the Lower Antino target, including 6.0 m of 12.95 g/t Au from 55.0 m (LA060), plus a 200 m south step-out intercept of 18.0 m of 0.68 g/t Au from 59.1 m (LA054). Drilling extends mineralization ~250 m west and confirms broad tonalite-hosted mineralization along strike. Four diamond rigs are active across the Antino district; additional assays and modelling are underway to refine geometry and continuity.
Founders Metals (OTCQX: FDMIF) completed a comprehensive two-year environmental baseline assessment at the Antino Gold Project in southeastern Suriname, covering four seasonal campaigns from July 2024 to November 2025. The study establishes first-ever baseline data, follows IFC Performance Standards and the Convention on Biological Diversity, documents pre-existing small-scale mining impacts, and positions the company to proceed to environmental impact assessment and feasibility studies in parallel with ongoing exploration.
Founders Metals (OTCQX:FDMIF) said Gold Fields Netherlands Services B.V. increased its stake via market purchases on April 6, 2026. Gold Fields bought 2,441,686 shares at a weighted average price of ~C$4.15 (~C$10.1M), bringing its holding to 14,489,879 shares (~12.50% non-diluted).
The ownership rise follows Gold Fields' initial C$50 million strategic investment in November 2025. Founders highlighted its ongoing >70,000-metre drill program and 102,360-hectare Antino land package; Gold Fields' early warning report was filed on SEDAR+.
Founders Metals (OTCQX: FDMIF) reports a new high-grade discovery at Antino North, southeastern Suriname: 17.22 g/t Au over 3.6 m within 24.6 m @ 2.81 g/t Au from the first-ever drillhole (AN001).
Antino North hosts ~5.3 km of mapped shear zones and twelve parallel structures; a ~3,500 m phase-one program is underway and a second drill is testing a kilometre-scale auger anomaly. True widths are unknown and assays are un-capped pending further drilling.