Colin Padget, President & CEO, commented, “This floor has been a part of Founders’ land bundle for lower than a 12 months. Going from including it to the venture, to drilling 27.0 metres of 20.38 g/t gold in FR251, among the finest single intercepts in Antino’s historical past, is a transparent demonstration of the exploration potential of this district. That outcome got here from a disciplined course of: airborne geophysics, auger sampling and systematic follow-up of the ensuing anomalies, the identical method we’re making use of throughout the remainder of Antino.”
West Zone Highlights
- Excessive-grade gold at West Zone: 27.0 m of 20.38 g/t Au from 100.0 m in gap FR251, together with 10.0 m of 43.26 g/t Au from 100.0 m (Determine 3).
- Further gold-bearing shear zone intersected to the west of FR251: 14.0 m of 1.63 g/t Au from 119.0 m, together with 2.0 m of 9.86 g/t Au (FR250).
- Gold mineralization fashion much like the Higher Antino-Froyo Zone: gold is related to the identical alteration, veining, and structural fashion that hosts the high-grade mineralization within the Froyo Zone, together with the just lately introduced 28.0 m of 14.27 g/t Au in drill gap FR249 (See August 6, 2026 information launch).
- The West Zone is a precedence goal for the rest of the 2026 drill program. 5 holes had been accomplished on this follow-up program; drilling is ongoing.
The West Zone lies 1.2 km west of the Froyo Zone, in floor that had not been drilled earlier than Could 2026. Discovery gap FR217 returned 53.1 m of 1.21 g/t Au, hosted in steeply dipping, northwest-trending constructions related in nature to the geological setting at Froyo. At this time’s outcomes cowl 5 follow-up diamond drill holes (FR240, FR242, FR243, FR250 and FR251) designed to raised perceive the character of this mineralization and its potential strike extent. Gold mineralization on the West Zone is related to quartz-carbonate veining and pervasive sericite alteration. Visible estimates from core logging point out as much as 10% pyrite and/or pyrrhotite because the dominant sulphides with domestically minor occurrences of seen gold inside the principle gold-bearing intervals.
Transaction Replace
The Firm’s beforehand introduced acquisition of Nana Sources N.V.’s remaining 30% curiosity in Lawa Gold N.V. is continuing as deliberate, with closing anticipated within the close to time period.
About Founders Metals Inc.
Founders Metals Inc. is a Canadian gold exploration firm constructing a district-scale gold camp in southeastern Suriname. The Firm controls a 102,360-hectare contiguous land bundle within the Guiana Protect – the most important uninterrupted bundle of extremely potential greenstone belt geology within the area. Founders is executing some of the lively exploration packages within the world junior gold sector and is backed by a strategic partnership with Gold Fields Restricted. The Firm is dedicated to accountable exploration, robust neighborhood engagement, and disciplined capital allocation because it advances Suriname’s subsequent main gold camp.
Determine 1: Antino Gold Undertaking Property Map1
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https://photographs.newsfilecorp.com/recordsdata/7574/313547_d2b6792dc4ba39ec_001full.jpg
1 Outcomes proven in Determine 1 had been beforehand disclosed by the Firm in information releases dated August 24, 2023; July 22, 2024; September 24, 2024; November 7, 2024; December 11, 2024; February 20, 2025; April 23, 2025; June 23, 2025; June 24, 2025; December 11, 2025; January 22, 2026; April 2, 2026; April 30, 2026; June 23, 2026; July 15, 2026; and August 6, 2026, every out there on the Firm’s web site and beneath its profile at www.sedarplus.ca.
Determine 2: Higher Antino Plan Map
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Determine 3: West Zone Core Images
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Desk 1: West Zone Assay Outcomes
| Drillhole | From (m) | To (m) | Interval (m) | Au (g/t) |
| FR251 | 0.00 | 17.10 | 17.10 | 0.38 |
| and | 100.00 | 127.00 | 27.00 | 20.38 |
| incl | 100.00 | 110.00 | 10.00 | 43.26 |
| and | 137.00 | 143.00 | 6.00 | 1.22 |
| incl | 139.00 | 141.00 | 2.00 | 3.04 |
| and | 183.00 | 209.00 | 26.00 | 0.46 |
| incl | 184.00 | 189.00 | 5.00 | 1.37 |
| FR250 | 119.00 | 133.00 | 14.00 | 1.63 |
| incl | 124.00 | 126.00 | 2.00 | 9.86 |
| and | 174.00 | 181.00 | 7.00 | 0.47 |
| FR243 | NSA | |||
| FR242 | 91.00 | 104.00 | 13.00 | 0.45 |
| FR240 | NSA | |||
Intervals are down-hole core lengths. All are diamond drill holes. True widths of mineralization are estimated to be roughly 80% of the down-hole interval based mostly on at present out there outcomes and observations. Interval common grades are calculated with un-capped gold assays, as inadequate drilling has been accomplished to find out capping ranges for higher-grade gold intercepts. Widths are calculated utilizing a 0.10 g/t gold cut-off grade with <5.0 m of inside dilution of zero grade materials, and a minimal composite size of two.0 m. Intervals under 3.0 gram-metre or averaging under 0.2 g/t Au are omitted. NSA means No Important Assays.
Desk 2: West Zone Drill Gap Areas
| Gap ID | Easting (m) | Northing (m) | Elevation (m) | Azimuth (°) | Dip (°) | Depth (m) |
| FR251 | 815974.50 | 400523.00 | 292.69 | 260.00 | -50.00 | 275.00 |
| FR250 | 815861.00 | 400498.00 | 311.42 | 260.09 | -50.27 | 206.03 |
| FR243 | 815580.00 | 400766.00 | 269.42 | 260.00 | -50.00 | 227.00 |
| FR242 | 815694.00 | 400787.50 | 281.44 | 260.00 | -50.00 | 209.00 |
| FR240 | 815816.00 | 400820.00 | 272.93 | 260.00 | -50.00 | 206.13 |
Coordinates are reported in WGS 84 / UTM Zone 21N.
ON BEHALF OF THE BOARD OF DIRECTORS,
Per: “Colin Padget”
Colin Padget
President, Chief Govt Officer, and Director
Contact Info
Katie MacKenzie, Vice President, Company Improvement
Tel: +1 604 712 1790 | katiem@fdrmetals.com
Costner Morrison, Director, Investor Relations
Tel: +1 604 404 9413 | costnerm@fdrmetals.com
High quality Assurance and Management
Samples had been analyzed at FILAB Suriname, a Bureau Veritas Licensed Laboratory in Paramaribo, Suriname (a industrial licensed laboratory beneath ISO 9001:2015). Samples are crushed to 75% passing 2.35 mm display screen, riffle cut up (700 g) and pulverized to 85% passing 88 µm. Samples had been analyzed utilizing a 50 g hearth assay (50 g aliquot) with an Atomic Absorption (AA) end. For samples that return assay values over 10.0 grams per tonne (g/t), one other reduce was taken from the unique pulp and hearth assayed with a gravimetric end. Founders Metals inserts blanks and licensed reference requirements within the pattern sequence for high quality management. Exterior QA-QC checks are carried out at ALS World Laboratories (Geochemistry Division) in Lima, Peru (an ISO/IEC 17025:2017 accredited facility). A safe chain of custody is maintained in transporting and storing of all samples. Drill intervals with seen gold are assayed utilizing metallic screening. Diamond drill core is HQ diameter by means of oxide intervals and predominantly NQ diameter in deeper drilling. All samples are half core, cut up utilizing a diamond noticed.
Certified Individuals
The technical content material of this information launch has been reviewed and authorized by Michael Dufresne, M.Sc., P.Geol., P.Geo., an impartial certified particular person as outlined by Nationwide Instrument 43-101.
Cautionary Assertion Relating to Ahead-Wanting Info
This press launch accommodates “forward-looking info” throughout the which means of relevant Canadian securities laws, together with statements concerning the Firm’s deliberate and ongoing drilling on the Higher Antino-West Zone and the stability of its 2026 drill program, the characterization of targets as priorities for future drilling, statements that mineralization stays open alongside strike and at depth, the Firm’s expectations as to the potential scale of the Higher Antino-West Zone, the acquisition of Nana Sources N.V.’s remaining 30% curiosity in Lawa Gold N.V., the geological interpretations described herein together with the interpreted orientation and continuity of mineralized constructions, expectations concerning true widths of mineralization, long run worth creation and the Firm’s prospects.
Ahead-looking info can usually be recognized by phrases reminiscent of “plans”, “expects”, “is predicted”, “funds”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes”, or variations indicating that sure actions, occasions or outcomes “could”, “might”, “would”, “may” or “will” happen or be achieved.
Ahead-looking statements are based mostly on administration’s present expectations and cheap assumptions however are topic to enterprise, market, and financial dangers, uncertainties, and contingencies which will trigger precise outcomes to vary materially from these expressed or implied, together with: dangers that the events could not shut the Transaction or Gold Fields Funding as introduced on August 19, 2026 inside anticipated timelines, or in any respect; common enterprise and financial uncertainties; exploration outcomes; the danger that extra drilling doesn’t affirm the geological interpretations described herein; mining business dangers; and different components described within the Firm’s most up-to-date annual administration dialogue and evaluation. Though the Firm has tried to determine vital components that would trigger precise outcomes to vary materially, different components could trigger outcomes to not be as anticipated. There could be no assurance that forward-looking info will show correct, as precise outcomes and future occasions might differ materially from these anticipated. Accordingly, readers mustn’t place undue reliance on forward-looking info. The Firm doesn’t undertake to replace any forward-looking info besides in accordance with relevant securities legal guidelines. Neither TSX Enterprise Change nor its Regulation Providers Supplier (as that time period is outlined in insurance policies of the TSX Enterprise Change) accepts accountability for the adequacy or accuracy of this launch.
All materials info on Founders Metals could be discovered at http://www.sedarplus.ca.
The issuer is solely answerable for the content material of this announcement.
