Welcome to our dedicated page for Founders Metals news (Ticker: FDMIF), a resource for investors and traders seeking the latest updates and insights on Founders Metals stock.
Founders Metals Inc. (FDMIF) generates frequent news flow centered on its work at the Antino Gold Project in southeastern Suriname. Company releases highlight drilling results, surface exploration updates, property expansion transactions, and corporate developments related to this gold exploration asset in the Guiana Shield.
Many announcements focus on drill core assay results from targets such as Upper Antino, Froyo, Donut, Maria Geralda, Parbo, Da Vinci, and Lower Antino. These updates often describe high-grade intercepts, extensions of gold mineralization along strike and at depth, and the identification of new mineralized structures or corridors. Surface exploration news covers auger sampling grids, trenching, mapping, and the definition of gold-in-auger anomalies over kilometre-scale trends.
Founders also issues news on project-scale initiatives, including the acquisition of additional exploration concessions that expand the Antino land package to approximately 56,000 hectares, and the commencement of airborne geophysical surveys designed to improve understanding of regional-to-deposit scale controls on gold mineralization. These items provide context on how the company is building a district-scale exploration position in the Guiana Shield.
Corporate and financing updates appear in the news flow as well, such as a strategic investment by an affiliate of Gold Fields Limited, increased ownership by B2Gold Corp., and board and governance changes. Together, these releases give investors and observers a detailed view of how Founders Metals is advancing exploration, strengthening its technical and financial position, and refining its understanding of the Antino Gold Project.
This news page aggregates these disclosures so readers can follow drilling campaigns, exploration milestones, land consolidation steps, and corporate announcements related to Founders Metals and its Antino Gold Project over time.
Founders Metals (TSXV: FDR / OTCQX: FDMIF) closed a $50,000,000 strategic investment by Gold Fields on November 10, 2025 via issuance of 12,048,193 common shares at $4.15 per share, giving Gold Fields a 10.55% stake.
Proceeds are allocated to land consolidation, regional exploration, working capital, and general corporate purposes for the Antino Gold Project in Suriname. Shares carry a four-month-and-one-day statutory hold and the financing remains subject to final TSXV approval.
An investor rights agreement grants Gold Fields top-up and financing participation rights, technical committee representation, secondment rights, and a conditional right to nominate a director if ownership reaches 12.5%.
Founders Metals (TSXV: FDR; OTCQX: FDMIF) announced a $50,000,000 strategic investment by Gold Fields (GFI) via a non-brokered private placement of 12,048,193 common shares at $4.15 per share.
Proceeds will fund land consolidation, regional exploration, working capital, and general corporate purposes at the Antino Gold Project in southeastern Suriname. Closing is expected on or about November 10, 2025, subject to TSXV approval, and issued shares will have a four-month-and-one-day hold period.
Founders and Gold Fields will enter an Investor Rights Agreement giving Gold Fields top-up and financing participation rights, technical committee representation, and the right to appoint one board nominee if its ownership reaches or exceeds 12.5%. National Bank Capital Markets is acting as financial advisor.
Founders Metals (OTCQX: FDMIF, TSXV: FDR) announced a binding Letter of Intent dated October 31, 2025 to acquire 100% of a 36,000-hectare exploration concession adjacent to its Antino Gold Project in southeastern Suriname.
The deal nearly triples Founders' land package to 56,000 ha, adds a 1,000-metre potential extension of Upper Antino mineralization, multiple high-grade grab samples up to 70.93 g/t Au, a 1,860 line-km airborne geophysics dataset and 1,877 historical auger samples. The LOI gives Founders a 90-day exclusive due diligence period before any definitive purchase agreement.
Founders Metals (OTCQX: FDMIF) has initiated comprehensive exploration programs at its Antino Gold Project in Suriname. The company launched property-wide geophysical and geochemical surveys, including an 8,000-sample auger sampling program and advanced airborne electromagnetic and magnetics surveys.
The company is executing an aggressive 60,000-meter drilling program with four active drills across multiple targets. Notable results include 22.5 meters of 11.88 g/t gold at Maria Geralda. Additionally, Founders Metals announced the appointment of Davidson & Company LLP as its new auditor, replacing MS Partners LLP.
Founders Metals (OTCQX: FDMIF) has announced significant drill results from its ongoing 60,000-metre drilling campaign at the Antino Gold Project in Suriname. The company reported impressive high-grade gold mineralization at depth, including 18.0 metres of 6.14 g/t gold and 5.0 metres of 10.61 g/t gold from approximately 450 meters vertical depth in drill hole FR138.
The deep drilling program has successfully doubled the vertical extent from 280m to ~500m, with systematic drilling intercepting multiple kilometre-scale, gold-bearing shears. The company currently has four drill rigs operating at Antino, focusing on continued drilling along strike and depth at Upper Antino, drilling at Maria Geralda, completing the Parbo auger program, and conducting surface exploration programs.
Founders Metals (OTCQX: FDMIF) reports significant progress in its surface exploration program at the Antino Gold Project in Suriname. At the Maria Geralda target, exploration revealed a 1.3 km strike length with gold grades up to 7.47 g/t, with 61% of samples showing anomalous results. The Parbo target demonstrated a substantial 1,200 x 600-metre auger anomaly with samples reaching 51.42 g/t Au and a newly discovered 15-metre-wide oxidized shear zone yielding grab samples up to 26.85 g/t Au.
The company's exploration strategy focuses on structures within the Central Guiana Shear Zone, with Maria Geralda showing two distinct mineralization styles: high-grade shear-hosted and lower-grade bulk tonnage. With the dry season beginning, Founders plans to continue systematic drilling at Maria Geralda and initiate a Phase 1 diamond drill program at Parbo in Q4.
Founders Metals (OTCQX: FDMIF) announced that B2Gold Corp. has completed its obligations under the Shareholder Agreement by purchasing 1,170,000 common shares in the open market. This purchase maintains B2Gold's right to participate in future financings up to a 9.9% ownership cap.
Following this transaction and previous private placement subscriptions, B2Gold now holds approximately 6% of Founders' issued and outstanding common shares on a non-diluted basis. The investment demonstrates B2Gold's confidence in Founders and the Antino Gold Project, which is being developed as a potential Tier 1 discovery.
Founders Metals (OTCQX: FDMIF) reported significant drilling results from its ongoing 60,000-metre drilling campaign at the Antino Gold Project in Suriname. The company achieved notable success in extending the Froyo Zone's vertical depth to over 500 metres, nearly doubling its previous depth.
Key highlights include an impressive intercept of 46.0 metres grading 3.59 g/t gold in hole FR120, and successful depth extensions with 8.0 metres of 2.25 g/t Au (FR115), 13.0 metres of 2.10 g/t Au (FR123), and 21.0 metres of 0.73 g/t Au (FR118). The company also reported promising results from parallel shears between Froyo and Donut zones.
Additionally, Founders Metals is advancing exploration at multiple targets including Maria Geralda, where phase two drilling of up to 2,000 metres is planned, following previous results of 22.5 metres at 11.88 g/t Au. Further exploration activities are ongoing at Van Gogh, Da Vinci, Lawa, and Parbo targets.
Founders Metals Inc. (OTCQX: FDMIF) has announced key leadership appointments to strengthen its team as it advances the Antino Gold Project in Suriname. The company has appointed Harp Gosal as Director of Investor Relations, bringing over a decade of experience and a CPIR designation. Lizbeth Toscano, with 17 years of global experience and an MD degree, joins as Director of Health & Safety. Additionally, Brandon Anholt has been promoted to Director of New Projects, leveraging his 8 years of exploration experience and significant contributions to grassroot discoveries at Antino.
Founders Metals (OTCQX:FDMIF) has announced a significant new high-grade gold discovery at its Antino Gold Project in Suriname. The company reported exceptional drilling results of 22.5 metres at 11.88 g/t gold at the Maria Geralda target, located 5 km SE of Lower Antino.
The discovery follows systematic surface exploration that identified a substantial 500m by 400m gold anomaly, with 54% of samples returning assays above 0.1 g/t Au. Maria Geralda is situated along a major structural corridor at the boundary between intrusive rocks and mixed metavolcanic-metasedimentary formations. The company plans to conduct systematic step-out drilling to define mineralization extent.