Founders Metals Inc. (TSXV: FDR, OTCQX: FDMIF), a Canadian exploration company, is revealing promising new assay results from its ongoing drilling campaign at the Antino Gold Project in southeastern Suriname. This campaign, backed by robust funding, aims to unlock further potential in one of the Guiana Shield’s most compelling gold exploration areas through a massive 60,000-metre drilling program.
The latest results from the upper Antino zone demonstrate the company’s progress in expanding its understanding of gold mineralization both in depth and along strike. President and CEO Colin Padget expressed cautious excitement about the data coming out of the site. Among the highlights, a standout drill intercept recorded 46 metres grading 3.59 grams per tonne (g/t) gold within the Froyo zone shear, reinforcing confidence in the continuity of high-grade domains within this area.
A key development is the extension of the gold-bearing system to depths nearing 500 metres. Three deep holes notably reported gold mineralization at these substantial depths including an 8-metre interval grading 2.25 g/t at nearly 600 metres depth, and other intervals of 13 metres at 2.10 g/t and 21 metres at 0.73 g/t at slightly shallower levels. These findings suggest the potential for a robust and expansive gold system extending well below surface, increasing the project’s attractiveness and providing important geological confirmation for ongoing exploration efforts.
The exploration team is also observing encouraging indications of mineralization beyond Froyo. The drill hole furthest east to date, moving toward the Donut target, intersected 28 metres at 1.18 g/t, hinting at multiple parallel shear zones hosting gold mineralization. This multi-pronged approach underlines the project’s district-scale potential.
Meanwhile, the Maria Geralda target is entering its second phase of drilling after earlier impressive results from hole MG003, which returned 22.5 metres grading an outstanding 11.88 g/t gold. This phase could further advance a high-grade discovery with up to 2,000 metres of drilling planned as the company completes more surface exploration in the strike area.
Additional targets including Van Gogh, Da Vinci, Lawa, and Parbo are under active surface exploration, involving geological mapping, sampling, and auger drilling. These activities aim to build a pipeline of targets ready for follow-up drilling later this year as weather conditions improve.
The scale and scope of the Antino project are significant. Spanning 20,000 hectares within the gold-rich Guiana Shield, this area has historically yielded over 500,000 ounces of gold from surface and alluvial mining. Founders Metals’ systematic drilling campaign has been designed to fully unlock the district-scale potential confirmed through early work and to strategically extend mineralization both near surface and at considerable depth.
The company emphasizes rigorous quality assurance protocols, employing industry-standard labs and methods for sample collection and analysis. These measures help ensure the reliability of the results and support the technical confidence required for advancing such a large-scale exploration project.
Overall, the ongoing drilling results suggest that Founders Metals is making meaningful strides in delineating a substantial gold system at Antino. With deep mineralization confirmed and multiple high-grade zones indicating continuity and expansion, the project is shaping up as a key asset in Suriname’s gold exploration landscape. The coming months will be important to track how these drilling results convert into resource estimates and, ultimately, the development pathway for Antino.
