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Founders Metals Hits Deep High-Grade Mineralization at Upper Antino; 18.0 m of 6.14 g/t Gold from 450 m
Vancouver, British Columbia--(Newsfile Corp. - September 3, 2025) - Founders Metals Inc. (TSXV:...
About this update from Founders Metals, Inc.
[{"type":"text","content":"Founders Metals Hits Deep High-Grade Mineralization at Upper Antino; 18.0 m of 6.14 g/t Gold from 450 mVancouver, British Columbia--(Newsfile Corp. - September 3, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) (\"Founders\" or the \"Company\") is pleased to announce drill core assay results from its ongoing, fully funded 60,000 metre drilling campaign at the Antino Gold Project in southeastern Suriname (Figure 1). The Company's deep drilling program at Upper Antino has successfully intersected multiple zones of high-grade gold mineralization in FR138, including at 18.0 metres (m) of 6.14 grams per tonne (g/t) gold (Au) and 5.0 m of 10.61 g/t Au (Figure 2) from ~450.0 m vertical depth, further building on initial results from the preliminary deep drilling program as outlined on August 11, 2025. Colin Padget, President and CEO, commented: \"These results support our geological model and confirm that high-grade mineralization continues at depth, significantly increasing the potential scale of Upper Antino. High-grade intersections in drill hole FR138 include 18.0 m of 6.14 g/t Au and 5.0 m of 10.61 g/t Au demonstrating that Founders is beginning to successfully target high-grade gold at depth. We are excited about the ongoing drilling at Upper Antino and Maria Geralda and look forward to getting back out to other exploration targets this Fall.\"Drilling HighlightsHigh-grade depth extension success: Drill hole FR138 supports the thesis of repeating, high-grade ore shoots at over 450 m vertical depth within broader, mineralized structures (Figures 3 & 4)18.0 m of 6.14 g/t Au from 550.0 m5.0 m of 10.61 g/t Au from 516.0 m Parallel shears between Froyo and Donut: Recent intercepts demonstrate the continued growth along strike and at depth in parallel shearsMineralization in parallel shears to the north intersecting 15.6 m of 1.25 g/t Au from surface (FR134)Furthest east parallel structure confirmed to ~250 m vertical depth with 8.0 m of 1.11 g/t Au from 312.0 m (FR138)Gold vein intersected in recent drilling testing southern extension: assays are pending and will be released once received (Figure 5)Geology Discussion Systematic drilling at Upper Antino has intercepted multiple kilometre-scale, gold-bearing shears with strong vertical continuity. The current deep drilling program has doubled the vertical extent ...