Business
Founders Metals Purchases and Mobilizes Drills to Antino Gold Project
Vancouver, British Columbia--(Newsfile Corp. - May 11, 2023) - Founders Metals Inc. (TSXV: FDR) (...
About this update from Founders Metals, Inc.
[{"type":"text","content":"Founders Metals Purchases and Mobilizes Drills to Antino Gold ProjectVancouver, British Columbia--(Newsfile Corp. - May 11, 2023) - Founders Metals Inc. (TSXV: FDR) (the \"Company\") is pleased to announce the mobilization of two diamond drills to the Antino Gold Project. The equipment is scheduled to arrive at the Port of Paramaribo on May 29, 2023, and will be mobilized to the Upper Antino Camp area in early June. An in-country drill crew, with ongoing support from on-site Canadian operators, will transport, set up, and operate the drills throughout the 2023 drill campaign. The Company plans to begin drilling by late June.Figure 1 - Drilling equipment being loaded for shipping to Suriname.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7574/165660_foundermetalsimage1.jpgFounders Metals has shipped two Hydracore HC2000 Surface Core Drills with all the necessary equipment to commence diamond drilling at the Antino Gold Project (Figure 1). These drills can be operated in Suriname year-round and are capable of efficient core drilling to depths >1000 m. Included with the purchase are sufficient additional drilling supplies and equipment to maintain and repair the drills as needed to minimize any downtime.\"Mobilizing our drills to site is a crucial milestone in our 2023 exploration program,\" said Colin Padget, President, CEO, and Director of Founders Metals. \"We have an experienced team and with our own equipment on site, we're confident that we can make the most out of the upcoming drill program. In addition, with fast turnaround times on analyses, we are excited to provide steady news on our progress.\"The Antino Gold Project boasts several logistical advantages beneficial to drilling and other exploration work. Among these advantages are a well-established road network, on-site heavy equipment, and proximity to the town of Maripasoula. Additionally, there are local ports with barge landings available for use, as well as a commercially serviced airstrip that is over one kilometer in length. These features are illustrated in Figure 2 and offer significant support for the project's operations.Figure 2 - Infrastructure Map - Antino Gold ProjectTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7574/165660_foundermetalsimage2.jpgAbout Fo...