Founders Metals Intersects 90.0 m of 1.02 g/t Gold at Lower Antino

Core Viewpoint - Founders Metals Inc. has reported significant drill results from the Lower Antino Target at the Antino Gold Project in Suriname, indicating a large-scale gold system with potential for both bulk tonnage and high-grade gold zones [1][3]. Drill Results - Hole LA041 returned 90.0 metres of 1.02 grams per tonne (g/t) gold, including a high-grade interval of 1.0 m at 28.44 g/t Au, marking the highest-grade single drill intercept at Lower Antino to date [1][3][7]. - The mineralization at Lower Antino is characterized by multiple sub-parallel gold zones along approximately 1.9 kilometres of strike, with widths ranging from 15 to over 90 metres [1][4]. Geological Insights - Gold mineralization occurs within altered and sheared tonalite, associated with disseminated pyrite and quartz veining, suggesting a consistent distribution of gold across broad intercepts [4][6]. - The drill-defined system aligns with a geophysical anomaly over 2 km, indicating the potential for further expansion beyond current drilling [4][7]. Expansion Potential - Mineralized intervals appear to be increasing in width as drilling progresses southward, with trenching results showing 29.0 m of 0.51 g/t Au and 10.0 m of 0.68 g/t Au [5][7]. - The system remains open for expansion in all directions, with additional drilling confirming further mineralization 100 m south of the current body [5][7]. High-Grade Zones - Historical sampling has reported grades up to 340 g/t Au in grab samples and 21 g/t Au in channel samples, indicating the presence of high-grade targets within the broader mineralized system [6][7]. - The average saprolite thickness of 50 m across the target area presents a significant opportunity for near-surface oxide gold extraction [6][7]. Company Overview - Founders Metals Inc. is focused on advancing the Antino Gold Project, which spans 56,000 hectares and has produced over 500,000 ounces of gold from historical mining [13]. - The company is committed to responsible exploration and aims to deliver long-term value to shareholders through strategic growth in the Guiana Shield [13].