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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) 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.
Founders Metals (OTCQX: FDMIF) was added to the MVIS Global Junior Gold Miners Index (GDXJ) in the Q1 2026 review, which may trigger passive buying by index-tracking ETFs. The company also commenced diamond drilling at Antino North, mobilizing a second rig to test multi-km historical auger anomalies.
Surface work at Antino North includes channel results of 20.0 m @ 2.07 g/t Au (incl. 7.0 m @ 5.05 g/t Au) and over 4,000 auger samples collected in 2026.
Founders Metals (OTCQX: FDMIF) upgraded Lower Antino from an Intermediate to an Advanced Target at its Antino Gold Project after cumulative drilling of 50 diamond holes, including eight new holes reported on March 12, 2026.
Key results include 65.9 m of 1.16 g/t Au within 115.0 m of 0.83 g/t Au from surface in hole LA046, confirmation of multiple parallel mineralized zones over ~1.9 km of drill-defined strike, and ongoing drilling to the south and southeast. The target sits within a 102,360-hectare land package and is open along strike and at depth.
Founders Metals (OTCQX: FDMIF) reports discovery of a multi-kilometre gold system at Antino North and high-grade auger results at Maria Geralda. Surface work mapped ten parallel shear zones across a 4 km area; channel and grab results include 20.0 m of 2.07 g/t Au (incl. 7.0 m of 5.05 g/t) and grab samples to 57.80 g/t Au.
Maria Geralda auger returned near-surface intercepts including 20.0 m of 7.54 g/t Au; drilling mobilization to Antino North is underway with rigs expected to start within two weeks.
Founders Metals (OTCQX: FDMIF; TSXV: FDR) reported drill results from the Upper Antino target at the Antino Gold Project in southeastern Suriname on February 11, 2026. Key intercepts include 6.0 m of 21.43 g/t Au from 49.0 m (FR183) and 10.0 m of 5.90 g/t Au from 394.0 m (FR175).
Company results show multiple high-grade intervals both near surface and at depth, demonstrated continuity along strike and in 300–500 m vertical targets across several parallel shear-hosted structures.
Founders Metals (OTCQX: FDMIF) announced consolidation of a contiguous 102,360 ha land package in southeastern Suriname, combining a 36,360‑ha exploration concession granted by the Suriname GMD and a separately acquired 10,000‑ha exploitation concession.
The expansion makes Founders the largest publicly traded gold explorer by land area in the Guiana Shield around the Antino district, which spans ~55 km of greenstone-hosted mineralization and is structurally linked to the Central Guiana Shear Zone. The exploration concession carries a three‑year right; the Okasi exploitation concession carries a ten‑year right and is 100% owned.
Company work programs will expand airborne geophysics and regional auger sampling across the package, with LiDAR and orthoimagery planned for H1 2026. Several historical district‑scale anomalies remain untested by drilling.
Founders Metals (OTCQX: FDMIF) reports drilling at the Lower Antino target, Antino Gold Project, Suriname. Hole LA041 intercepted 90.0 m @ 1.02 g/t Au including 1.0 m @ 28.44 g/t Au. Other notable intervals include 30.9 m @ 1.56 g/t Au. Mineralization is reported over ~1.9 km strike and to ~350 m depth, with an average saprolite/oxide thickness of 50 m. Intervals use un-capped assays and true widths are estimated at ~85% of down-hole lengths. System remains open for expansion southward.