Founders Metals Intersects 90.0 m of 1.02 g/t Gold at Lower Antino
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 02:56:42 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Founders Metals reported drill results from the Lower Antino Target at the Antino Gold Project in Suriname. Hole LA041 returned a significant 90.0m intercept at 1.02 g/t Au, including a high-grade 1.0m zone at 28.44 g/t Au.
Reasoning: The 1.0m @ 28.44 g/t Au intercept is the highest-grade single intercept at the Lower Antino target to date, providing significant high-grade evidence.
Positive factors
- high-grade sub-interval
- record intercept for target
Facts used in scoring: 2
Classification and evidence
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: The 1.0m @ 28.44 g/t Au intercept is exceptionally high grade.
Evidence · text
“including 1.0 m of 28.44 g/t Au”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Drill Results (2)
LA041Antino Gold Project · goldGrade: 1.02Grade Unit: g/tIntercept: 90 mView all detailsHide details
Identity
- Hole ID
- LA041
- Project
- Antino Gold Project
- Commodity
- gold
- Region
- suriname
- Reported Region
- Suriname
- Ticker
- FDR
Geometry
- Grade
- 1.02
- Grade Unit
- g/t
- Intercept
- 90 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- LA041:0-90.0
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-22T00:00:00.000Z
Reasoning: 90m intercept at 1.02 g/t Au provides good continuity/width for the target.
Positive factors
- significant width
Evidence · text
“Hole LA041 returned 90.0 metres (m) of 1.02 grams per tonne (g/t) gold (Au)”
LA041Antino Gold Project · goldGrade: 28.44Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- LA041
- Project
- Antino Gold Project
- Commodity
- gold
- Region
- suriname
- Reported Region
- Suriname
- Ticker
- FDR
Geometry
- Grade
- 28.44
- Grade Unit
- g/t
- Intercept
- 1 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- LA041:0-90.0
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-22T00:00:00.000Z
Reasoning: 28.44 g/t Au is an exceptionally high-grade intercept for this target.
Positive factors
- Bonanza Intercept
Evidence · text
“including 1.0 m of 28.44 g/t Au”
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.