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Founders Metals Expands Lower Antino & Provides Mid-Year Exploration Update
Vancouver, British Columbia--(Newsfile Corp. - June 23, 2025) - Founders Metals Inc. (TSXV: FDR...
About this update from Founders Metals, Inc.
[{"type":"text","content":"Founders Metals Expands Lower Antino & Provides Mid-Year Exploration UpdateVancouver, British Columbia--(Newsfile Corp. - June 23, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) (\"Founders\" or the \"Company\") announces mid-year drilling results and provides a comprehensive overview of 2025 activities at the Antino Gold Project (\"Antino\" or \"Project\") in southeastern Suriname (Figure 1). The Company is on-track and fully financed to complete 60,000+ metres (m) of drilling in 2025 alongside an aggressive surface exploration program within the 200 km2 Antino land package.HighlightsExpansion of Lower Antino confirms over 700 m of strike with recent drilling including 50.0 m of 1.02 grams per tonne (g/t) gold (Au) (LA024) as well as 21.00 m of 1.00 g/t Au (LA028), a 475 m step-out from previously released 81.9 m of 1.01 g/t Au (LA003)Lawa reveals structural corridor of 8.0 km with extensive artisanal workings, a channel sample returning 27.0 m of 1.99 g/t Au and drilling that confirms gold mineralization in multiple holesUpper Antino drilling program offers substantial expansion potential by drilling to connect the Froyo-Donut zones, doubling depth to 550 m, and extending north-south along strikeOther emerging targets continue to prove significant exploration opportunitiesDrilling results at Da Vinci remain consistent including 25.0 m of 1.01 g/t Au (DV007) and 29.0 m of 0.94 g/t Au (DV008)Maria Geralda has a 500 m by 400 m gold anomaly with 54% of soil samples above 0.1 g/t Au, which Founders has started drilling and expects results shortlySurface exploration programs planned for Van Gogh, Da Vinci, Lawa, and Parbo to plan for follow-up drill programsColin Padget, President & CEO of Founders, commented \"The Company's 2025 drilling campaign is delivering exceptional results that continue to expand gold mineralization across the property. At Upper Antino we see three major opportunities for growth: connecting the dots between Froyo and Donut, doubling the depth with deeper drilling, and extending north and south along strike. With Lower Antino, we are thrilled to report gold over substantial intervals in every hole. Lower Antino drilling demonstrates this is a large gold system and provides an opportunity to add ounces if combined with the nearby high-grade at Upper Antino.\"\"Our excitement around the...