Founders Metals Hits 28.5 m of 7.12 g/t Au in First Drill Hole at Van Gogh Discovery
Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) has announced significant results from its 2025 drilling campaign at the Antino Gold Project in Suriname. The company reported 28.5 metres of 7.12 g/t gold from 18.6m depth in the first drill hole at the new Van Gogh discovery, located 3.8 km east of the Da Vinci prospect.
The Van Gogh site is situated 2.0 km from Lawa and forms part of a northwest-oriented gold trend extending to the Maria Geralda target. The gold mineralization occurs within a ~30m wide mylonite zone, featuring strongly silicified country rock and quartz intervals up to 5m. The highest-grade intervals contain up to 15% sulphide and show significant brecciation.
The company reports pending drill holes with similar quartz-sulphide mineralization, suggesting mineralized body continuity over >150m. This discovery, along with Da Vinci, supports Founders' exploration strategy, with nine additional high-priority targets identified at Antino.
Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) ha annunciato risultati significativi dalla sua campagna di perforazione 2025 presso il Progetto Antino Gold in Suriname. L'azienda ha riportato 28,5 metri di 7,12 g/t di oro da una profondità di 18,6 m nel primo foro di perforazione della nuova scoperta Van Gogh, situata a 3,8 km a est del sito Da Vinci.
Il sito di Van Gogh si trova a 2,0 km da Lawa e fa parte di una tendenza aurifera orientata a nord-ovest che si estende verso il target Maria Geralda. La mineralizzazione aurifera si verifica all'interno di una zona di mylonite larga circa 30 m, caratterizzata da rocce di paese fortemente silicificate e intervalli di quarzo fino a 5 m. Gli intervalli di grado più elevato contengono fino al 15% di solfuri e mostrano una significativa breccia.
L'azienda riporta fori di perforazione in attesa con mineralizzazione simile di quarzo-solfuri, suggerendo la continuità del corpo mineralizzato su oltre 150 m. Questa scoperta, insieme a Da Vinci, supporta la strategia di esplorazione di Founders, con nove ulteriori obiettivi ad alta priorità identificati ad Antino.
Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) ha anunciado resultados significativos de su campaña de perforación 2025 en el Proyecto Antino Gold en Surinam. La empresa reportó 28,5 metros de 7,12 g/t de oro desde una profundidad de 18,6 m en el primer pozo de perforación del nuevo descubrimiento Van Gogh, ubicado a 3,8 km al este del prospecto Da Vinci.
El sitio de Van Gogh se encuentra a 2,0 km de Lawa y forma parte de una tendencia aurífera orientada al noroeste que se extiende hacia el objetivo Maria Geralda. La mineralización de oro se encuentra dentro de una zona de milonita de aproximadamente 30 m de ancho, con roca madre fuertemente silicificada e intervalos de cuarzo de hasta 5 m. Los intervalos de mayor grado contienen hasta un 15% de sulfuros y muestran una significativa brecha.
La empresa informa sobre pozos de perforación pendientes con mineralización similar de cuarzo-sulfuro, sugiriendo continuidad del cuerpo mineralizado en más de 150 m. Este descubrimiento, junto con Da Vinci, respalda la estrategia de exploración de Founders, con nueve objetivos adicionales de alta prioridad identificados en Antino.
파운더스 메탈스 주식회사 (TSXV: FDR) (OTCQX: FDMIF)는 수리남의 안티노 금 프로젝트에서 2025년 드릴링 캠페인에서 중요한 결과를 발표했습니다. 회사는 새로운 반 고흐 발견지에서 첫 번째 드릴 홀에서 18.6m 깊이에서 7.12 g/t의 금을 포함한 28.5미터를 보고했습니다. 이 지역은 다 빈치 탐사구에서 동쪽으로 3.8km 떨어져 있습니다.
반 고흐 지역은 라와에서 2.0km 떨어져 있으며 마리아 제랄다 목표로 이어지는 북서쪽 방향의 금 트렌드의 일부입니다. 금 광물화는 약 30m 너비의 마일로나이트 지대 내에서 발생하며, 강하게 실리시파이드된 암석과 최대 5m의 석영 간격이 특징입니다. 가장 높은 등급의 간격은 최대 15%의 황화물을 포함하고 있으며 상당한 파쇄가 나타납니다.
회사는 유사한 석영-황화물 광물화가 있는 대기 중인 드릴 홀을 보고하며, 이는 150m 이상의 광물화된 본체의 연속성을 시사합니다. 이 발견은 다 빈치와 함께 파운더스의 탐사 전략을 지원하며, 안티노에서 9개의 추가 고우선 목표가 확인되었습니다.
Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) a annoncé des résultats significatifs de sa campagne de forage 2025 au projet Antino Gold en Suriname. La société a rapporté 28,5 mètres de 7,12 g/t d'or à une profondeur de 18,6 m dans le premier trou de forage de la nouvelle découverte Van Gogh, située à 3,8 km à l'est du prospect Da Vinci.
Le site de Van Gogh est situé à 2,0 km de Lawa et fait partie d'une tendance aurifère orientée au nord-ouest s'étendant vers la cible Maria Geralda. La minéralisation aurifère se produit dans une zone de mylonite d'environ 30 m de large, présentant des roches mères fortement silicifiées et des intervalles de quartz allant jusqu'à 5 m. Les intervalles de plus haute qualité contiennent jusqu'à 15 % de sulfure et montrent une bréchification significative.
La société rapporte des trous de forage en attente avec une minéralisation similaire de quartz-sulfure, suggérant une continuité du corps minéralisé sur plus de 150 m. Cette découverte, avec Da Vinci, soutient la stratégie d'exploration de Founders, avec neuf cibles supplémentaires de haute priorité identifiées à Antino.
Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) hat bedeutende Ergebnisse aus seiner Bohrkampagne 2025 im Antino Gold-Projekt in Suriname bekannt gegeben. Das Unternehmen berichtete von 28,5 Metern mit 7,12 g/t Gold aus einer Tiefe von 18,6 m im ersten Bohrloch der neuen Van Gogh-Entdeckung, die 3,8 km östlich des Da Vinci-Vorkommens liegt.
Der Van Gogh-Standort befindet sich 2,0 km von Lawa entfernt und ist Teil eines nordwestlich orientierten Goldtrends, der sich bis zum Ziel Maria Geralda erstreckt. Die Goldmineralisierung tritt innerhalb einer etwa 30 m breiten Mylonitzone auf, die stark silicifizierte Gesteine und Quarzintervalle von bis zu 5 m aufweist. Die hochgradigen Intervalle enthalten bis zu 15% Sulfid und zeigen signifikante Brechungen.
Das Unternehmen berichtet von ausstehenden Bohrlöchern mit ähnlicher Quarz-Sulfid-Mineralisierung, was auf eine Kontinuität des mineralisierten Körpers über mehr als 150 m hindeutet. Diese Entdeckung unterstützt zusammen mit Da Vinci die Explorationsstrategie von Founders, wobei neun weitere hochpriorisierte Ziele im Antino identifiziert wurden.
- First drill hole yields exceptional results: 28.5m of 7.12 g/t Au from 18.6m depth
- Discovery confirms mineralized body continuity over >150m
- New Van Gogh discovery represents significant 3.8 km step-out from nearest drill hole
- Nine additional high-priority targets identified for exploration
- None.
Vancouver, British Columbia--(Newsfile Corp. - February 20, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces the first assay results of its 2025 drilling campaign and a new drill-confirmed high-grade gold discovery at its Antino Gold Project ("Antino" or "Project") in southeastern Suriname (Figure 1). The Company reports 28.5 metres (m) of 7.12 grams per tonne (g/t) gold (Au) from 18.6 m in the first drill hole at Van Gogh, 3.8 km east of the Da Vinci prospect. The drilling follows up on high-grade channel sampling results reported on January 21st (news release).
Highlights
- Drilling confirms Van Gogh discovery with 28.5 m of 7.12 g/t Au from 18.6 m in first drill hole
- 3.8 km step-out from nearest drill hole on property
- Early drilling suggests potential for multiple parallel zones
- Pending drillholes with similar quartz-sulphide mineralization suggest continuity of mineralized body over >150 m
- New discoveries at Van Gogh and Da Vinci further support Founders' exploration strategy
- Strong discovery potential for the additional 9 high-priority targets at Antino
"The discovery of high-grade gold at Van Gogh is a major milestone for Founders Metals and further validates our approach to exploration at Antino," stated President and CEO, Colin Padget. "28.5 m of 7.12 g/t Au in our first drill hole at Van Gogh is an incredible start. These assay results, along with our recent Da Vinci discovery, underscore the potential for additional high-grade gold discoveries across the property. 2025 is off to a great start and we're excited to continue unlocking the full potential of Antino."
Geology Discussion
Van Gogh is 2.0 km from Lawa and 3.8 km from Da Vinci, and forms part of an emerging multi-kilometre northwest oriented gold trend that extends to the Maria Geralda target. This trend aligns parallel to the Main Antino Shear Zone, which spans 15+ km from Upper Antino to Da Vinci (Figure 1).
Gold mineralization at Van Gogh occurs within a ~30 m wide mylonite zone with up to 5 m intervals of strongly silicified country rock and quartz. The gold-rich intervals locally contain up to
About Founders Metals Inc.
Founders Metals is a Canadian-based exploration company focused on advancing the Antino Gold Project located in Suriname, South America, in the heart of the Guiana Shield. Antino is 20,000 hectares and has produced over 500,000 ounces of gold from surface and alluvial mining to date1. The Company is fully financed for up to 60,000 metres of drilling in 2025.
1 2022 Technical Report - Antino Project; Suriname, South America. K. Raffle, BSc, P. Geo & Rock Lefrançois, BSc, P.Geo.
Table 1: Drill Hole Assay Results
| Hole ID | From (m) | To (m) | Sample Width | Au (g/t) |
| 25VG001 | 18.60 | 47.10 | 28.50 | 7.12 |
Table 2: Detailed Drill Hole Assay Results
| Hole ID | From (m) | To (m) | Sample Width | Au (g/t) |
| 25VG001 | 18.60 | 20.10 | 1.50 | 0.69 |
| 25VG001 | 20.10 | 21.60 | 1.50 | 1.79 |
| 25VG001 | 21.60 | 23.10 | 1.50 | 2.51 |
| 25VG001 | 23.10 | 27.60 | 4.50 | 0.32 |
| 25VG001 | 27.60 | 29.10 | 1.50 | 2.79 |
| 25VG001 | 29.10 | 30.60 | 1.50 | 0.40 |
| 25VG001 | 30.60 | 32.10 | 1.50 | 0.46 |
| 25VG001 | 32.10 | 33.60 | 1.50 | 3.96 |
| 25VG001 | 33.60 | 35.10 | 1.50 | 2.81 |
| 25VG001 | 35.10 | 36.60 | 1.50 | 7.22 |
| 25VG001 | 36.60 | 38.10 | 1.50 | 7.26 |
| 25VG001 | 38.10 | 39.60 | 1.50 | 4.00 |
| 25VG001 | 39.60 | 41.10 | 1.50 | 17.85 |
| 25VG001 | 41.10 | 42.60 | 1.50 | 31.30 |
| 25VG001 | 42.60 | 44.10 | 1.50 | 21.69 |
| 25VG001 | 44.10 | 45.60 | 1.50 | 17.65 |
| 25VG001 | 45.60 | 47.10 | 1.50 | 11.97 |
Table 3: Drill Hole Location
| Hole ID | Easting* (m) | Northing* (m) | Elevation (m) | Azimuth (°) | Dip (°) | Depth (m) |
| 25VG001 | 828028.0 | 395905.0 | 124.4 | 79.9 | -49.7 | 341.0 |
Figure 1: Property Scale Map with Auger Samples and Van Gogh Drilling Results
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7574/241626_7ca629e8d46c3b97_001full.jpg
Quality Assurance and Control
Samples were analyzed at FILAB Suriname, a Bureau Veritas Certified Laboratory in Paramaribo, Suriname (a commercial certified laboratory under ISO 9001:2015). Samples are crushed to
Qualified Persons
The technical content of this news release has been reviewed and approved by Michael Dufresne, M.Sc., P.Geo., a qualified person as defined by National Instrument 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS,
Per: "Colin Padget"
Colin Padget
President, Chief Executive Officer, and Director
Contact Information
Katie MacKenzie, Vice President, Corporate Development
Tel: 306 537 8903 | katiem@fdrmetals.com
Cautionary Statement Regarding Forward-Looking Information
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the use of proceeds from the Company's recently completed financings and the future or prospects of the Company. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect ", "is expected ", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market, and economic risks, uncertainties, and contingencies that may cause actual results, performance, or achievements to be materially different from those expressed or implied by forward-looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, other factors may cause results not to be as anticipated, estimated, or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Other factors which could materially affect such forward-looking information are described in the risk factors in the Company's most recent annual management discussion and analysis. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws.
All material information on Founders Metals can be found at www.sedarplus.ca.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241626
FAQ
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