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Founders Metals Expands High-Grade Gold Zone at Upper Antino with 46.0 m of 3.59 g/t Au & Deep Drilling Extends Mineralization to 500 m Vertical Depth
Vancouver, British Columbia--(Newsfile Corp. - August 11, 2025) - Founders Metals Inc. (TSXV: F...
About this update from Founders Metals, Inc.
[{"type":"text","content":"Founders Metals Expands High-Grade Gold Zone at Upper Antino with 46.0 m of 3.59 g/t Au & Deep Drilling Extends Mineralization to 500 m Vertical DepthVancouver, British Columbia--(Newsfile Corp. - August 11, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) (\"Founders\" or the \"Company\") announces drill core assay results from its ongoing, fully funded 60,000 metre drilling campaign at the Antino Gold Project in southeastern Suriname (Figure 1). Colin Padget, President and CEO of Founders said, \"We're seeing exciting results on multiple fronts at Upper Antino. Ongoing drilling testing continuity and growth of high-grade domains within Froyo, hit an impressive 46.0 metres of 3.59 grams per tonne gold in FR120, and we are continuing to see success in our eastward steps toward Donut. Early results from our deep drilling program nearly double the vertical depth of the Froyo Zone to over 500 metres from surface, substantially increasing the expansion potential at Upper Antino.\"Upper Antino Drilling HighlightsDepth Extension Success: First three deep holes extend gold system to 500 metres vertical depth including:8.0 metres (m) of 2.25 grams per tonne (g/t) gold (Au) from 597.0 m (FR115)13.0 m of 2.10 g/t Au from 468.0 m (FR123)21.0 m of 0.73 g/t Au from 458.0 m (FR118)Continuity of High-Grade Domains:46.0 m of 3.59 g/t Au from 174.0 m in Main Froyo Shear (FR120)24.0 m of 2.03 g/t Au from 26.1 m in Parallel Shear (FR122)Parallel shears between Froyo and Donut:28.0 m of 1.18 g/t Au from 332.0 m (FR126)11.0 m of 2.32 g/t Au from 397.0 m (FR123)Results DiscussionRecent drilling at Upper Antino is delivering strong results both at depth and along strike (Figure 2). The standout FR120 intercept of 46.0 m of 3.59 g/t Au successfully targeted shallow plunging, northwest trending orientation of a high-grade shoot along the main shear at Froyo (Figure 3) in a 50 m along-strike step and serves to reinforce the continuity of these domains. Drill hole FR126 is the furthest east step to date toward Donut and intersected a 28.0 m zone of 1.18 g/t Au.Deeper drilling extends Upper Antino's shear-hosted gold mineralization to approximately 500 m vertical depth, highlighted by 8.0 m of 2.25 g/t Au (FR115), 13.0 m of 2.10 g/t Au (FR123), and 21.0 m of 0.73 g/t Au (FR118). These are encouraging initial results that confirm the cont...