# Founders Metals Grows Upper Antino Gold System; Down-Dip Extension Hits 28.0 m of 14.27 g/t Gold

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/founders-metals-grows-upper-antino-gold-system-down-dip-extension-hits-28-0-m-of--9b23139a-1253-4a10-a0d7-d251d602703e

Original source: https://finance.yahoo.com/markets/commodities/articles/founders-metals-grows-upper-antino-110000114.html

Publisher: yahoo\_press

Original announcement: 2026-08-06T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Founders Metals Inc.

- Ticker: FDR

- Exchange: TSXV

- Region: Suriname

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results

- Extracted: 2026-08-20 18:40:14 UTC

Narrative sentiment: 0.90 · Bullish

## Minestarters Atlas summary

Founders Metals reported high-grade gold drill results at the Upper Antino target of the Antino Gold Project in Suriname. Drill hole FR249 intersected 28.0 metres of 14.27 g/t gold, representing a 50 m down-dip extension of the previously reported FR175 intercept.

Reasoning: The intercept of 28.0 m at 14.27 g/t Au is an exceptional grade and width for an orogenic/epithermal style system, and it represents a significant down-dip extension of previously known mineralization.

- Positive factor: exceptional grade

- Positive factor: significant width

- Positive factor: down-dip extension

Facts used in scoring: 1

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 14.27 g/t Au over 28.0 m is exceptionally high grade for the deposit type.

Evidence · text

> 28.0 metres \(m\) of 14.27 grams per tonne \(g/t\) gold \(Au\)

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The intercept represents a 50 m down-dip extension of previously reported mineralization.

Evidence · text

> a 50 m down-dip extension of previously reported FR175

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Drill Results (1)

### FR249

[Link to this fact](https://atlas-staging.minestarters.com/news/founders-metals-grows-upper-antino-gold-system-down-dip-extension-hits-28-0-m-of--9b23139a-1253-4a10-a0d7-d251d602703e#fact-drill-facts-0)

Antino Gold Project · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: FR249
- Project: Antino Gold Project
- Commodity: gold
- Region: suriname
- Reported Region: Suriname
- Ticker: FDR

#### Geometry

- Grade: 14.27
- Grade Unit: g/t
- Intercept: 28 m
- From: 433 m
- To: 461 m

#### Classification

- Sample Type: drill
- Group ID: FR249:433.0-461.0

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-08-06T00:00:00.000Z

Reasoning: 14.27 g/t Au over 28.0 m is an exceptional intercept that extends the known mineralized system down-dip.

- Positive factor: exceptional grade

- Positive factor: strong width

- Positive factor: step-out extension

Evidence · text

> 28.0 metres \(m\) of 14.27 grams per tonne \(g/t\) gold \(Au\) from 433.0 m in drill hole FR249

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.