Founders Metals: Discovering Gold in Suriname

February 27, 2024

Gold Stocks to Invest in

Founders Metals, a forward-thinking Canadian exploration company, is making significant strides in the gold exploration sector with its flagship Antino Gold Project in Suriname. Located within the promising Guiana Shield, the Antino gold project represents a new frontier for gold exploration, boasting over half a million ounces of historical artisanal gold production and strong evidence of multi-million-ounce potential.

The company's strategic acquisition of the 20,000 ha property in 2023 has set the stage for an ambitious exploration program. With only a third of the property explored, despite historical drilling totaling 32,000 meters, Founders Metals has already embarked on an extensive exploration journey, drilling over 10,000 meters and conducting large geophysical surveys and detailed mapping programs. The presence of major mines in Suriname, like the Rosebel and Merian mines, underscores the region's prolific gold potential and stable jurisdiction.

One of the key advantages for Founders Metals is its capital efficiency, made possible by the purchase of its own drilling equipment, significantly reducing exploration costs. Furthermore, the Antino project benefits from existing infrastructure, including a 1.3km airstrip, three ports, and an abundance of heavy equipment, facilitating easy access and mobilization for exploration activities.

As Founders Metals gears up for a fully funded 30,000-meter drilling program in 2024, targeting the Froyo gold trend among other prospects, the company's recent OTCQX listing in the U.S. is poised to broaden its investor base and share its exciting exploration story on a larger scale.

For more information on Founders Metals Inc. (TSX.V: FDR, OTC: FDMIF) please click the request investor info button.

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