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Founders Metals ( (TSE:FDR) ) has issued an update.
Founders Metals Inc. has announced a significant gold discovery at their Antino Gold Project in Suriname, with the first drill hole at the Van Gogh site yielding 28.5 metres of 7.12 grams per tonne gold. This discovery, along with recent findings at the Da Vinci prospect, highlights the potential for further high-grade gold discoveries across the property. The results validate Founders’ exploration strategy and suggest strong potential for additional discoveries among the nine high-priority targets at Antino, bolstering the company’s industry positioning and exploration prospects.
More about Founders Metals
Founders Metals Inc. is a Canadian-based exploration company focused on advancing the Antino Gold Project in Suriname, South America. The project spans 20,000 hectares and has produced over 500,000 ounces of gold to date. The company is well-financed for up to 60,000 metres of drilling in 2025.
YTD Price Performance: 6.51%
Average Trading Volume: 134,001
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$472.7M
See more insights into FDR stock on TipRanks’ Stock Analysis page.
