Founders Metals Provides Exploration Update on Emerging Targets at Antino
Vancouver, British Columbia--(Newsfile Corp. - August 21, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces significant progress in its surface exploration program at the Antino Gold Project ("Antino" or "Project") in southeastern Suriname. The Company has completed extensive sampling at the Maria Geralda and Parbo targets, setting the stage for upcoming drill programs during the current dry season.
Founders is executing an aggressive exploration strategy targeting high-grade prospects including Maria Geralda, Parbo, Van Gogh, Da Vinci, and Lawa, while systematically expanding known mineralization at Upper Antino, Buese, and Lower Antino.
"Surface exploration continues to build a robust pipeline of high-quality drill targets that our team will systematically test through diamond drilling," said Colin Padget, President and CEO. "The ongoing work at Maria Geralda and Parbo reveals significant opportunities for growth, further validating Antino's Tier 1 potential. Phase two drilling is underway at Maria Geralda, and with the rainy season ending, we're eager to return to Van Gogh, Da Vinci, and Lawa to follow up on earlier drilling success."
Key Surface Exploration Results
Maria Geralda Target - continues to demonstrate exceptional potential
- 1.3 km strike length of anomalous auger samples with grades reaching up to 7.47 grams per tonne (g/t) gold (Au)
- 516 auger samples collected to-date, including 314 anomalous (=0.02 g/t Au) results
- Strong hit rate: 61% of samples anomalous, with 25% exceeding 0.1 g/t Au
- Ongoing sampling designed to test the southeastern extension towards Van Gogh
Parbo Target - compelling high-grade vein system within large-scale auger gold anomaly
- Historical1 1,200 x 600-metre (m) auger anomaly with samples up to 51.42 g/t Au
- 1344 historical auger samples with 83% anomalous (>= 0.02 g/t Au) and 46% exceeding 0.1 g/t Au
- Newly discovered 15-metre-wide oxidized shear zone at surface with abundant quartz veining and grab samples grading up to 26.85 g/t Au
- Historical trench results including 49.0 m of 1.02 g/t Au1
- Limited historical drilling intersected up to 12.0 m of 3.36 g/t Au1
- Commencement of auger and trenching programs to refine future Phase 1 drilling target
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