Founders Metals Announces Appointment of Vice President of Resource Development
Founders Metals Announces Appointment of
Vice President of Resource Development
Vancouver, British Columbia--(Newsfile Corp. - March 13, 2024) -
Founders Metals Inc.
(TSXV: FDR)
(OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") is pleased to announce the appointment
of Natalie Senger to the position of Vice President of Resource Development.
Mrs. Senger is a Professional Geoscientist with over 15 years of exploration industry experience, most
recently serving as Vice President of Resource Development for Tudor Gold Corp. Her experience has
been heavily focussed on gold dominant projects, including the discovery and development of the
Brucejack Mine in northern British Columbia, Canada. She also has had valuable exposure to the mine
permitting and environmental regulations as a geoscientist with the Ministry of Energy, Mines and Low
Carbon Innovation in British Columbia.
President and CEO Colin Padget commented: "We are thrilled to welcome Natalie on board and fill a
role that is exceedingly necessary as we aggressively explore and develop the Antino Gold Project.
Natalie's background of working on the development phase of exploration projects is exceptionally
valuable to Founders, as we not only continue to focus on exploration, but more thoroughly examine the
economic potential of various zones within the Antino Gold Project. I am very excited to be working with
her and look forward to the value that she can bring to the Company."
Mrs. Senger Added: "I am honored to take on the role of Vice President of Resource Development with
Founders. The Company has demonstrated remarkable success in the short time they have been
developing the Antino Gold Project. The Property has a staggering amount of potential and I'm looking
forward to contributing as the Company forges on and continues to develop a strong understanding of
the continuity and distribution of gold at Antino."
About Founders Metals Inc.
Founders Metals is a Canadian exploration company with properties in North and South America. The
Company focuses on acquiring and advancing gold projects in the Guiana Shield. Its flagship asset is
the 20,000 ha Antino Gold Project in Suriname, where artisanal surface/alluvial mining has produced
over 500,000 gold ounces to date
1
. Using its diamond drilling equipment, the Company drilled over
10,000 m in 2023 and is fully financed for up to 30,000 m in 2024.
1 2022 Technical Report - Antino Project; Suriname, South America. K. Raffle, BSc, P. Geo & Rock
Lefrançois, BSc, P.Geo.
ON BEHALF OF THE BOARD OF DIRECTORS,
Per:
"
Colin Padget
"
Colin Padget
President, Chief Executive Officer, and Director
Founders Metals Contact Information
Dave Burwell, Manager, Investor Relations
Tel: 403 410 7907 |
Nick Stajduhar, Director
Tel: 780 701 3216 |
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.sedar.com
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/201538