Founders Metals Hits Deep High-Grade Mineralization at Upper Antino; 18.0 m of 6.14 g/t Gold from 450 m

Original announcement by yahoo_press on

Company
Founders Metals Inc.
Ticker
FDR
Exchange
TSXV
Region
Suriname
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results
Extracted
2026-08-21 07:14:35 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Founders Metals has intersected high-grade gold mineralization at depth within the Upper Antino area of the Antino Gold Project. The standout intercept is 18.0 metres at 6.14 g/t gold from a depth of 450 metres in hole FR138.

Reasoning: The intercept of 18.0 m at 6.14 g/t Au is an exceptional high-grade result for a deep drilling program, significantly exceeding typical gold grade thresholds.

Positive factors

  • high-grade intercept
  • significant width
  • deep mineralization discovery

Facts used in scoring: 1

Atlas analysis — Founders Metals Inc.: Founders Metals Hits Deep High-Grade Mineralization at Upper Antino; 18.0 m of 6.14 g/t Gold from 450 m. 6.14 g/t over 18 m

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: 6.14 g/t gold over 18m is an exceptionally high-grade zone for deep exploration.

Evidence · text

“18.0 m of 6.14 g/t Gold”

Extracted facts

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

Drill Results (1)

FR138Antino Gold Project · goldGrade: 6.14Grade Unit: g/tIntercept: 18 mView all details
Link to this fact

Identity

Hole ID
FR138
Project
Antino Gold Project
Commodity
gold
Region
suriname
Reported Region
Suriname
Ticker
FDR

Geometry

Grade
6.14
Grade Unit
g/t
Intercept
18 m
From
450 m

Classification

Program
exploration
Sample Type
drill
Mining Method
unknown

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-03T00:00:00.000Z

Reasoning: 18.0m at 6.14 g/t Au is a high-grade, wide intercept at depth.

Positive factors

  • exceptional grade
  • strong width

Evidence · text

“18.0 m of 6.14 g/t Gold from 450 m”

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.