Founders Metals Drills 45.79 m of 4.06 g/t Gold at Antino Gold Project, Extending High-Grade Gold Zone by Over 80 Metres

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[{"type":"text","content":"Founders Metals Drills 45.79 m of 4.06 g/t Gold at Antino Gold Project, Extending High-Grade Gold Zone by Over 80 MetresVancouver, British Columbia--(Newsfile Corp. - October 6, 2023) - Founders Metals Inc. (TSXV: FDR) (\"Founders\" or the \"Company\") announces drill core assay results from its 2023 drill program at the Antino Gold Project in southeastern Suriname, South America. The Company continues to intercept high-grade gold over broad intervals in the Froyo Gold Zone. The ongoing exploration program focuses on expanding high-grade gold mineralization to depth and along strike and using new geophysical and structural data to test new trends. The company has drilled over 5,700 m of its 10,000 m drill program, with 2,087 m of pending assays. Highlights:Drillhole 23FR025 intersects 45.79 metres (m) of 4.06 grams per tonne (g/t) gold (Au) (Table 1, Figure 1&2)Drillhole 23FR022 intersects 6.80 m of 13.97 g/t Au (Table 1, Figure 1&2)Drillhole 23FR021 intersects 21.00 m of 1.19 g/t Au (Table 1, Figure 1&2)High-grade gold mineralization extended over 80 m from historical intercepts, demonstrating over 175 m of high-grade gold mineralization from surfaceGold mineralization linked to kilometre-scale geophysical features (Figure 1)Founders' CEO, Colin Padget, commented \"The consistently robust gold grades within the expanding Froyo Gold Zone highlight the substantial potential of an extensive, high-grade gold system within the Upper Antino exploration camp. Intervals like the 45.79 metres of 4.06 g/t gold speak to the potential scale and calibre of the Antino Gold Project. Founders' technical team continues to integrate new data and improving our understanding of the gold mineralization at Antino. Our exploration program's continued success underlines the discovery potential of adjacent, sub-parallel, step-out targets within historically recognized mineralization, as well as the large inventory of untested anomalies along the broader kilometre-scale mineralized structural corridor and the property as a whole.\"Table 1: Drilling Result Highlights DrillholeFrom (m)To (m)Interval (m)**Au (ppm) 23FR005*6.309.503.26.39 23FR020102.00107.005.001.38 23FR02188.50 91.00 2.50 2.61  and  190.00207.75 21.00 1.19  23FR022152.00158.806.8013.97 23FR025222.00...

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