Founders Metals Announces Scientific Publication on Antino Gold Project

Rhea-AI Summary

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.

Positive

• Scientific validation of gold mineralization controls through peer-reviewed publication
• Enhanced understanding of geological structures for targeted exploration
• Confirmation of high-grade gold concentration mechanisms

Negative

• None.

Vancouver, British Columbia--(Newsfile Corp. - April 10, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces the recent publication of a peer-reviewed scientific journal article providing new insights into the structural controls on gold mineralization at the Antino Gold Project ("Antino") and surrounding area in southeastern Suriname. Ore Geology Reviews published District to Mineral-Scale Geometry of the World-Class Antino Orogenic Gold System, Southeastern Suriname (Guiana Shield), written by Founders Metals' Chief Geologist, Vincent Combes. You can access a downloadable version of the paper here.

Colin Padget, Founders' President & CEO commented: "This research underscores the significance of integrating district to mineral scale geological data to refine gold exploration strategies at Antino. The Company's success to date has been predicated on having a solid geological understanding of the area, which continues to be further defined with ongoing exploration. Our strategy for 2025 remains focused on expanding the more advanced targets along strike and at depth and testing new prospective areas."

Key Takeaways of Publication

• Gold mineralization in the Antino district is preferentially hosted within shear zones and intermediate intrusive bodies at lithological boundaries
• Key deformation events created extensive veining, brecciation, and shear zones, all of which are important pathways for gold mineralization
• Later stage deformation played a crucial role in the high-grade concentration of gold at Antino
• Confirmation that the location and shape of tonalite-trondhjemite-granodiorite (TTG) complexes are important in strain accumulation and distribtution at Antino

About Founders Metals Inc.

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 date¹. The Company is fully financed for up to 60,000 metres of drilling in 2025.
¹ 2022 Technical Report - Antino Project; Suriname, South America. K. Raffle, BSc, P. Geo & Rock Lefrançois, BSc, P.Geo.

ON BEHALF OF THE BOARD OF DIRECTORS,

Per: "Colin Padget"

Colin Padget
President, Chief Executive Officer, and Director

Contact Information

Katie MacKenzie, Vice President, Corporate Development
Tel: 306 537 8903 | katiem@fdrmetals.com

Cautionary Statement Regarding Forward-Looking Information

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the use of proceeds from the Company's recently completed financings and the future or prospects of the Company. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect ", "is expected ", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market, and economic risks, uncertainties, and contingencies that may cause actual results, performance, or achievements to be materially different from those expressed or implied by forward-looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, other factors may cause results not to be as anticipated, estimated, or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Other factors which could materially affect such forward-looking information are described in the risk factors in the Company's most recent annual management discussion and analysis. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws.

All material information on Founders Metals can be found at www.sedarplus.ca.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/248140

FAQ

What are the key findings of the Antino Gold Project research published by Founders Metals (FDMIF)?

The research revealed gold mineralization is found in shear zones and intermediate intrusive bodies, with key deformation events creating pathways for mineralization and later stage deformation important for high-grade gold concentration.

Where is the Antino Gold Project located and who published the research?

The Antino Gold Project is located in southeastern Suriname. The research was published in Ore Geology Reviews by Vincent Combes, Chief Geologist of Founders Metals.

What geological features control gold mineralization at the Antino Project (FDMIF)?

Gold mineralization is controlled by shear zones, intermediate intrusive bodies at lithological boundaries, and the presence of tonalite-trondhjemite-granodiorite (TTG) complexes.

How does the 2025 exploration strategy for Founders Metals (FDMIF) relate to this research?

The strategy focuses on expanding advanced targets along strike and at depth, while testing new prospective areas, based on the geological understanding provided by this research.