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Founders Metals Inc. reports news on gold exploration and project advancement at the Antino Gold Project in southeastern Suriname. Company updates regularly cover diamond drilling, auger and channel sampling, high-grade gold intercepts, mapped shear zones, and target areas such as Lower Antino and Antino North within the broader mineralized system.
Additional recurring developments include environmental baseline work tied to environmental assessment and feasibility processes, shareholder-meeting results, equity-based compensation plans, index inclusion, and strategic ownership changes involving Gold Fields.
Founders Metals (OTCQX:FDMIF, TSXV:FDR) reported deep auger drilling results from the Maria Geralda target at the Antino Gold Project in Suriname.
Highlights include 30.0 m of 4.64 g/t Au and 12.0 m of 10.57 g/t Au, defining a coherent, plunging high-grade gold shoot open at depth and providing precise targets for diamond drilling planned for early Q4 2026.
Founders Metals (OTCQX:FDMIF) announced that the earn-in period for the Antino Gold Project has ended and the joint venture phase has begun under its option agreement with Nana Resources and Lawa Gold.
Founders holds a 70% interest in the project via Lawa, remains operator, and has chosen not to exercise its Third Option to acquire an additional 5% interest.
Founders Metals (OTCQX: FDMIF) reported results of its Annual General and Special Meeting held May 7, 2026 in Vancouver. Shareholders re-elected all directors and appointed Davidson & Company LLP as auditors. The meeting approved a new Omnibus Long-Term Incentive Plan reserving up to 10% of outstanding shares for awards. A total of 63,550,622 shares were voted, representing 54.81% of issued and outstanding shares at the record date. The Omnibus Plan has board approval (Apr 6, 2026) and conditional TSXV approval (Mar 31, 2026) and remains subject to final TSXV approval.
Founders Metals (OTCQX: FDMIF) reports high-grade drill results at the Lower Antino target, including 6.0 m of 12.95 g/t Au from 55.0 m (LA060), plus a 200 m south step-out intercept of 18.0 m of 0.68 g/t Au from 59.1 m (LA054). Drilling extends mineralization ~250 m west and confirms broad tonalite-hosted mineralization along strike. Four diamond rigs are active across the Antino district; additional assays and modelling are underway to refine geometry and continuity.
Founders Metals (OTCQX: FDMIF) completed a comprehensive two-year environmental baseline assessment at the Antino Gold Project in southeastern Suriname, covering four seasonal campaigns from July 2024 to November 2025. The study establishes first-ever baseline data, follows IFC Performance Standards and the Convention on Biological Diversity, documents pre-existing small-scale mining impacts, and positions the company to proceed to environmental impact assessment and feasibility studies in parallel with ongoing exploration.
Founders Metals (OTCQX:FDMIF) said Gold Fields Netherlands Services B.V. increased its stake via market purchases on April 6, 2026. Gold Fields bought 2,441,686 shares at a weighted average price of ~C$4.15 (~C$10.1M), bringing its holding to 14,489,879 shares (~12.50% non-diluted).
The ownership rise follows Gold Fields' initial C$50 million strategic investment in November 2025. Founders highlighted its ongoing >70,000-metre drill program and 102,360-hectare Antino land package; Gold Fields' early warning report was filed on SEDAR+.
Founders Metals (OTCQX: FDMIF) reports a new high-grade discovery at Antino North, southeastern Suriname: 17.22 g/t Au over 3.6 m within 24.6 m @ 2.81 g/t Au from the first-ever drillhole (AN001).
Antino North hosts ~5.3 km of mapped shear zones and twelve parallel structures; a ~3,500 m phase-one program is underway and a second drill is testing a kilometre-scale auger anomaly. True widths are unknown and assays are un-capped pending further drilling.
Founders Metals (OTCQX: FDMIF) was added to the MVIS Global Junior Gold Miners Index (GDXJ) in the Q1 2026 review, which may trigger passive buying by index-tracking ETFs. The company also commenced diamond drilling at Antino North, mobilizing a second rig to test multi-km historical auger anomalies.
Surface work at Antino North includes channel results of 20.0 m @ 2.07 g/t Au (incl. 7.0 m @ 5.05 g/t Au) and over 4,000 auger samples collected in 2026.
Founders Metals (OTCQX: FDMIF) upgraded Lower Antino from an Intermediate to an Advanced Target at its Antino Gold Project after cumulative drilling of 50 diamond holes, including eight new holes reported on March 12, 2026.
Key results include 65.9 m of 1.16 g/t Au within 115.0 m of 0.83 g/t Au from surface in hole LA046, confirmation of multiple parallel mineralized zones over ~1.9 km of drill-defined strike, and ongoing drilling to the south and southeast. The target sits within a 102,360-hectare land package and is open along strike and at depth.
Founders Metals (OTCQX: FDMIF) reports discovery of a multi-kilometre gold system at Antino North and high-grade auger results at Maria Geralda. Surface work mapped ten parallel shear zones across a 4 km area; channel and grab results include 20.0 m of 2.07 g/t Au (incl. 7.0 m of 5.05 g/t) and grab samples to 57.80 g/t Au.
Maria Geralda auger returned near-surface intercepts including 20.0 m of 7.54 g/t Au; drilling mobilization to Antino North is underway with rigs expected to start within two weeks.