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Founders Metals Hits New Highest-Grade Sample of 231.92 g/t Gold over 1.0 Metre Within 3.0 Metres of 99.51 g/t Gold
Vancouver, British Columbia--(Newsfile Corp. - November 2, 2023) - Founders Metals Inc. (TSXV: ...
About this update from Founders Metals, Inc.
[{"type":"text","content":"Founders Metals Hits New Highest-Grade Sample of 231.92 g/t Gold over 1.0 Metre Within 3.0 Metres of 99.51 g/t GoldVancouver, British Columbia--(Newsfile Corp. - November 2, 2023) - Founders Metals Inc. (TSXV: FDR) (\"Founders\" or the \"Company\") announces drill core assay results from the Antino Gold Project in southeastern Suriname. The Company adds a 3.0 metre (m) interval of 99.51 grams per tonne (g/t) gold (Au) to results from its October 26th news where a shallower angled (-50 vs -70) hole from the same drill pad intercepted 10.5 m of 8.91 g/t Au. The near surface hit is only 25 metres down and includes Founders' highest-grade gold intercept to date on the property with a 1 metre sample grading 231.92 g/t Au.HighlightsHole 23FR026 returns new highest-grade Antino gold hit of 1 metre of 231.92 g/t Au within 3 m of 99.51 g/t AuHigh-grade interval from 25 m vertical depth, below oxide zone and in bedrock (Figure 2)Remains open to depth and further along strike in Froyo-Ginger Connector Zone (Figure 3) Figure 1: Upper Antino area plan map. Long section line corresponds to Figure 2.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7574/186078_9f4fbb94b4327aad_001full.jpgFounders' CEO, Colin Padget, commented, \"We wanted to get these numbers out as quickly as we could because it is such a great addition to last week's 10.5 m of 8.91 g/t Au from the Froyo-Ginger Connector. We really like how shallow we're seeing these grades in bedrock - we have a lot of room for growth to depth and along strike. Intervals like 3 m of 99.51 g/t Au are the hits that really help to raise the overall average grade within a larger deposit.\" Figure 2: Photo of core from hole 23FR026's highest grade zone showing representative sulphide and vein textures for the zone.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7574/186078_9f4fbb94b4327aad_002full.jpg*Figure 3: Updated Froyo Gold Zone Long Section showing shallow, high-grade gold interval location.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7574/186078_9f4fbb94b4327aad_004full.jpg* Intervals are reported at a cut-off grade of 0.3 g/t Au using 5 metres minimum length and 5 metres maximum internal dilution.*Intervals are core length and estimated to ...