# Founders Metals Added to GDXJ Index; Commences Drilling at Antino North Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/founders-metals-added-to-gdxj-index-commences-drilling-at-antino-north--197bb21f-3953-429e-80ec-528f78f928a7 Original source: https://money.tmx.com/en/quote/FDR/news/6850154387584572/founders-metals-added-to-gdxj-index-commences-drilling-at-antino-north Publisher: tmx Original announcement: 2026-03-17T09:57:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Founders Metals Inc. - Ticker: FDR - Exchange: TSX - Region: Suriname - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results, Other - Extracted: 2026-09-12 03:59:19 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Founders Metals has been added to the MVIS Global Junior Gold Miners Index \(GDXJ\), increasing institutional visibility. The company has also commenced diamond drilling at the Antino North project in Suriname and is mobilizing a second rig to test a large historical auger anomaly. Reasoning: The company achieved a significant index inclusion milestone and has transitioned from surface work to active diamond drilling at a new target \(Antino North\). - Positive factor: Index inclusion \(GDXJ\) provides institutional visibility - Positive factor: Commencement of diamond drilling at Antino North - Positive factor: Mobilization of second drill rig indicates program scale - Positive factor: High-grade surface results \(5.05 g/t Au\) reported - Negative factor: Surface results \(channel sampling\) are inherently selective and may not be representative Facts used in scoring: 2 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: Release details lab \(FILAB Suriname, ALS Global\), methods \(blanks, standards\), and QP sign-off \(Michael Dufresne\). Evidence · text > Founders Metals inserts blanks and certified reference standards in the sample sequence for quality control. **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The company is targeting shear zones in the northwest that are geologically similar to the Upper Antino deposit. Evidence · text > The shear zones we've mapped in the northwest offer numerous compelling first drill targets where this year's surface work has returned high-grade grab and channel results in geology similar to Upper Antino. ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/founders-metals-added-to-gdxj-index-commences-drilling-at-antino-north--197bb21f-3953-429e-80ec-528f78f928a7#fact-drill-facts-0) Antino · gold Historical result Needs review: historical\_restatement #### Identity - Project: Antino - Commodity: gold - Region: suriname - Reported Region: Suriname - Ticker: FDR #### Geometry - Grade: 2.07 - Grade Unit: g/t - Intercept: 20 m #### Classification - Sample Type: channel #### Location - Location: Antino North - Loc. Source: document #### QA/QC - Laboratory: FILAB Suriname - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-03-17T00:00:00.000Z Reasoning: Channel sampling provides high-grade indicators but lacks the geological volume of drill intercepts. - Negative factor: Surface sampling is selective and may not be representative Evidence · text > 20.0 m of 2.07 g/t Au #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/founders-metals-added-to-gdxj-index-commences-drilling-at-antino-north--197bb21f-3953-429e-80ec-528f78f928a7#fact-drill-facts-1) Antino · gold Historical result Needs review: historical\_restatement #### Identity - Project: Antino - Commodity: gold - Region: suriname - Reported Region: Suriname - Ticker: FDR #### Geometry - Grade: 5.05 - Grade Unit: g/t - Intercept: 7 m #### Classification - Sample Type: channel #### Location - Location: Antino North - Loc. Source: document #### QA/QC - Laboratory: FILAB Suriname - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-03-17T00:00:00.000Z Reasoning: Strong high-grade intercept within a channel sample. - Positive factor: High-grade sub-interval - Negative factor: Surface sampling is selective and may not be representative Evidence · text > 7.0 m of 5.05 g/t Au #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## 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.