Founders Metals Inc. Accelerates Antino Gold Project Exploration with Leadership Enhancements
- Founders Metals Inc. plans over 60,000 meters of drilling at the Antino Gold Project in 2025, backed by financing.
- Recent drilling confirmed a 700-meter strike extension at Lower Antino, revealing substantial gold mineralization potential.
- Key leadership appointments aim to enhance operational capabilities and support the accelerated exploration program at Antino.
Founders Metals Inc. Accelerates Exploration at Antino Gold Project Amid Leadership Enhancements
Founders Metals Inc. (TSXV: FDR) announces a significant mid-year exploration update for its Antino Gold Project located in southeastern Suriname. The company outlines ambitious plans for over 60,000 meters of drilling in 2025, supported by a fully financed budget, which reflects its commitment to advancing this promising site. Recent drilling efforts have confirmed an impressive 700 meters of strike extension at Lower Antino, with notable drill results including 50.0 meters of 1.02 grams per tonne (g/t) gold in hole LA024 and 21.0 meters of 1.00 g/t Au in LA028. This expansion highlights the potential for substantial gold resources within the project, fostering optimism among stakeholders and positioning Founders Metals as a key player in the gold exploration sector.
In addition to Lower Antino's achievements, the Upper Antino drilling program is making strides toward connecting mineralization zones and extending exploration depths to 550 meters. So far, assay results from a 20,000-meter program reveal substantial mineralization across a 1,700-meter footprint. The company prioritizes operational efficiency by focusing drilling efforts around its main camp at Upper Antino, especially in light of high precipitation during the rainy season. Founders has already completed 7,500 meters of drilling at Lower Antino and plans to drill an additional 2,500 meters by year-end. Other prospective targets, including Da Vinci, Van Gogh, and Lawa, are also emerging based on initial findings, while drilling at Maria Geralda has unveiled a significant gold anomaly, adding to the project’s allure.
To further bolster its exploration efforts, Founders Metals has appointed several key individuals to its leadership team, signaling a strategic move to enhance operational capabilities. Harp Gosal joins as Director of Investor Relations, bringing over a decade of experience in corporate development, while Lizbeth Toscano takes on the role of Director of Health & Safety, equipped with extensive experience in developing safety programs in the mining sector. Additionally, Brandon Anholt has been promoted to Director of New Projects, recognized for his instrumental contributions to grassroots discoveries at Antino. These appointments are designed to strengthen the company’s ability to execute its accelerated exploration program while maintaining a commitment to safety and stakeholder engagement.
By reinforcing its leadership and committing to extensive exploration at the Antino Gold Project, Founders Metals Inc. positions itself for future growth in the competitive gold mining industry. The project, covering 20,000 hectares and historically yielding over 500,000 ounces of gold, holds significant potential for further development, aligning with the company's goal of delivering long-term value to shareholders. As exploration advances, Founders remains dedicated to responsible practices and proactive stakeholder engagement, ensuring sustainable growth in the region.