Founders Metals Announces Scientific Publication on Antino Gold Project
Founders Metals Announces Scientific
Publication on Antino Gold Project
Vancouver, British Columbia--(Newsfile Corp. - April 10, 2025) -
Founders Metals Inc.
(TSXV: FDR)
(OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces the recent publication of a
peer-reviewed scientific journal article providing new insights into the structural controls on gold
mineralization at the Antino Gold Project ("Antino") and surrounding area in southeastern Suriname.
Ore
Geology Reviews
published
District to Mineral-Scale Geometry of the World-Class Antino
Orogenic Gold System, Southeastern Suriname (Guiana Shield)
, written by Founders Metals' Chief
Geologist, Vincent Combes. You can access a downloadable version of the paper
here
.
Colin Padget, Founders' President & CEO commented: "This research underscores the significance of
integrating district to mineral scale geological data to refine gold exploration strategies at Antino. The
Company's success to date has been predicated on having a solid geological understanding of the
area, which continues to be further defined with ongoing exploration. Our strategy for 2025 remains
focused on expanding the more advanced targets along strike and at depth and testing new prospective
areas."
Key Takeaways of Publication
Gold mineralization in the Antino district is preferentially hosted within shear zones and
intermediate intrusive bodies at lithological boundaries
Key deformation events created extensive veining, brecciation, and shear zones, all of which are
important pathways for gold mineralization
Later stage deformation played a crucial role in the high-grade concentration of gold at Antino
Confirmation that the location and shape of tonalite-trondhjemite-granodiorite (TTG) complexes
are important in strain accumulation and distribtution at Antino
About Founders Metals Inc.
Founders Metals is a Canadian-based exploration company focused on advancing the Antino Gold
Project located in Suriname, South America, in the heart of the Guiana Shield. Antino is 20,000 hectares
and has produced over 500,000 ounces of gold from surface and alluvial mining to date
1
. The Company
is fully financed for up to 60,000 metres of drilling in 2025.
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
Contact Information
Katie MacKenzie, Vice President, Corporate Development
Tel: 306 537 8903 |
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.sedarplus.ca
.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/248140