Founders Metals Extends Buese Gold Mineralization over 1,000 m & Intersects 21.6 m of 2.38 g/t Au | FDMIF Stock News

3 days ago

Step-out drilling confirms 1,000m extension of gold mineralization
High-grade intersections including 21.6m @ 2.38 g/t Au and 6.0m @ 6.38 g/t Au
Discovery of new parallel mineralized zone

Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) has announced significant developments from their Buese Prospect at the Antino Gold Project in Suriname. The latest assay results reveal an extensive 1,000-meter extension of gold mineralization.

Key intersections from step-out drilling include 6.0 meters of 2.33 grams per tonne (g/t) gold (BU025), 21.6 meters of 2.38 g/t gold from the surface (BU014), and a remarkable 6.0 meters of 6.38 g/t gold (BU018) indicating a new parallel mineralized zone.

Additionally, the Buese tailings auger drill program has shown consistent gold grades averaging 0.64 g/t across 230 one-meter samples from 61 holes. This program aligns with Founders Metals' goal of achieving 60,000 meters of drilling by 2025.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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