Welcome to our dedicated page for Founders Metals news (Ticker: FDMIF), a resource for investors and traders seeking the latest updates and insights on Founders Metals stock.
Founders Metals Inc. (FDMIF) generates frequent news flow centered on its work at the Antino Gold Project in southeastern Suriname. Company releases highlight drilling results, surface exploration updates, property expansion transactions, and corporate developments related to this gold exploration asset in the Guiana Shield.
Many announcements focus on drill core assay results from targets such as Upper Antino, Froyo, Donut, Maria Geralda, Parbo, Da Vinci, and Lower Antino. These updates often describe high-grade intercepts, extensions of gold mineralization along strike and at depth, and the identification of new mineralized structures or corridors. Surface exploration news covers auger sampling grids, trenching, mapping, and the definition of gold-in-auger anomalies over kilometre-scale trends.
Founders also issues news on project-scale initiatives, including the acquisition of additional exploration concessions that expand the Antino land package to approximately 56,000 hectares, and the commencement of airborne geophysical surveys designed to improve understanding of regional-to-deposit scale controls on gold mineralization. These items provide context on how the company is building a district-scale exploration position in the Guiana Shield.
Corporate and financing updates appear in the news flow as well, such as a strategic investment by an affiliate of Gold Fields Limited, increased ownership by B2Gold Corp., and board and governance changes. Together, these releases give investors and observers a detailed view of how Founders Metals is advancing exploration, strengthening its technical and financial position, and refining its understanding of the Antino Gold Project.
This news page aggregates these disclosures so readers can follow drilling campaigns, exploration milestones, land consolidation steps, and corporate announcements related to Founders Metals and its Antino Gold Project over time.
Founders Metals Inc. (OTCQX: FDMIF) has announced key leadership appointments to strengthen its team as it advances the Antino Gold Project in Suriname. The company has appointed Harp Gosal as Director of Investor Relations, bringing over a decade of experience and a CPIR designation. Lizbeth Toscano, with 17 years of global experience and an MD degree, joins as Director of Health & Safety. Additionally, Brandon Anholt has been promoted to Director of New Projects, leveraging his 8 years of exploration experience and significant contributions to grassroot discoveries at Antino.
Founders Metals (OTCQX:FDMIF) has announced a significant new high-grade gold discovery at its Antino Gold Project in Suriname. The company reported exceptional drilling results of 22.5 metres at 11.88 g/t gold at the Maria Geralda target, located 5 km SE of Lower Antino.
The discovery follows systematic surface exploration that identified a substantial 500m by 400m gold anomaly, with 54% of samples returning assays above 0.1 g/t Au. Maria Geralda is situated along a major structural corridor at the boundary between intrusive rocks and mixed metavolcanic-metasedimentary formations. The company plans to conduct systematic step-out drilling to define mineralization extent.
Founders Metals Inc. (FDMIF) has announced significant drill core assay results from its Antino Gold Project in Suriname. The company reported notable gold mineralization at Upper Antino, including a highlight intersection of 33.0 metres of 3.50 g/t gold in drilling east of the Main Froyo Shear. The drilling program has successfully extended gold mineralization northward by 125 meters, increasing the total strike length of Froyo to approximately 1.7 kilometres.
Key drilling results include multiple high-grade intersections: 33.0m @ 3.50 g/t Au and 19.0m @ 0.84 g/t Au (FR114), 13.0m @ 2.00 g/t Au (FR082), and 4.0m @ 5.92 g/t Au (FR105). Broader zones were also identified with 41.9m @ 1.06 g/t Au (FR099) and parallel zones of 12.0m @ 1.51 g/t Au and 22.5m @ 0.50 g/t Au (FR101).
Founders Metals (FDMIF) has achieved a significant milestone by completing the US$10 million exploration and development expenditure requirement for Stage 2 of its Option Agreement on the Antino Gold Project in Suriname. Upon finalizing Stage 2, which includes a US$1.5 million cash payment and issuance of 95,000 common shares, the company will increase its ownership stake in the project to 70% (up from 51%). The company expects to complete all remaining requirements, including an internal concept study, by the end of the month.
Additionally, Founders Metals has granted 2.95 million Stock Options at C$4.70 per share and 1.38 million Restricted Share Units (RSUs) to company insiders, with both instruments vesting over three years.
Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) reports new assay results from the Buese Prospect at its Antino Gold Project in Suriname. Key findings include step-out drilling extending gold mineralization over 1,000 meters, with significant intersections of:
- 6.0 meters of 2.33 g/t gold (BU025)
- 21.6 meters of 2.38 g/t gold from surface (BU014)
- 112.0 meters of 0.55 g/t gold (BU019)
- 6.0 meters of 6.38 g/t gold (BU018)
The company also reports positive results from the Buese tailings auger drill program, with 230 one-metre samples across 61 holes showing gold grades averaging 0.64 g/t Au, ranging from 0.10 to 3.39 g/t Au. The tailings cover approximately 1.3 km². The company remains on track to achieve its 60,000-metre drilling goal for 2025.
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.