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
- 2026-09-19 00:25:23 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Founders Metals Inc. reported drill results from the Lower Antino Target at the Antino Gold Project in Suriname. Hole LA041 intersected 90.0 metres of 1.02 g/t gold, featuring a high-grade 1.0 metre interval of 28.44 g/t gold.
Reasoning: The drill hole returned a significant 90m intercept at 1.02 g/t Au, including a high-grade 1.0m bonanza-style interval of 28.44 g/t Au, which is a new high for the target.
Positive factors
- High-grade intercept within a significant width
- Highest-grade single intercept to date at the 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 1.0 m interval at 28.44 g/t Au is exceptionally high grade for an orogenic/epithermal style target.
Evidence · text
“including 1.0 m of 28.44 g/t Au”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The results are described as the highest-grade single drill intercept at Lower Antino to date, implying new discovery/extension potential.
Evidence · text
“the highest-grade single drill intercept at Lower Antino to date”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Drill Results (2)
LA041Antino · goldGrade: 1.02Grade Unit: g/tIntercept: 90 mView all detailsHide details
Identity
- Hole ID
- LA041
- Project
- Antino
- 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
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 is a solid exploration result.
Positive factors
- Significant width at economic grade
Evidence · text
“Hole LA041 returned 90.0 metres (m) of 1.02 grams per tonne (g/t) gold (Au)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
LA041Antino · goldGrade: 28.44Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- LA041
- Project
- Antino
- 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
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-22T00:00:00.000Z
Reasoning: High-grade intercept of 28.44 g/t Au is a significant discovery signal.
Positive factors
- High-grade bonanza interval
Evidence · text
“including 1.0 m of 28.44 g/t Au”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
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.