Founders Metals Maps Geometry of High-Grade Gold at Maria Geralda: Hits 30.0 m of 4.64 g/t Au and 12.0 m of 10.57 g/t Au in Deep Auger Drilling

Original announcement by tmx on

Company
Founders Metals Inc.
Ticker
FDR
Exchange
TSX
Region
southeastern Suriname
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results
Extracted
2026-09-12 03:31:56 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Founders Metals Inc. announced positive deep auger drilling results from its Maria Geralda target in southeastern Suriname, successfully mapping a coherent, plunging high-grade gold shoot. Key intercepts include 12.0 m of 10.57 g/t Au and 30.0 m of 4.64 g/t Au, confirming the continuity of previously reported high-grade diamond drill results. This program provides a precise targeting framework for follow-up diamond drilling into untested bedrock, with the target remaining open at depth.

Reasoning: The deep auger drilling program at Maria Geralda successfully delineated a coherent, high-grade, plunging gold shoot, confirming the continuity of significant gold mineralization and providing a robust targeting framework for future diamond drilling into bedrock, which is a highly positive development for the project.

Positive factors

  • High-grade intercepts, including 12.0 m of 10.57 g/t Au and 30.0 m of 4.64 g/t Au, confirm significant gold mineralization.
  • The deep auger program successfully defined a coherent, plunging high-grade gold shoot, providing critical 3D geometric understanding.
  • The results provide a precise targeting framework for follow-up diamond drilling into untested bedrock, de-risking future exploration.
  • The target remains open at depth, indicating potential for further expansion.
  • Comprehensive QA/QC procedures are disclosed, including certified laboratories and QP sign-off, enhancing data credibility.
  • True widths are estimated, providing better context for the reported intercept lengths.

Negative factors

  • Current drilling is limited to saprolite (weathered rock) and has not yet tested the bedrock where the primary target lies.
  • Some reported intercepts are of lower grade, though still above the stated cut-off.

Facts used in scoring: 21

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release includes a detailed 'Quality Assurance and Control' section mentioning certified laboratories (Bureau Veritas, ALS Global), QP sign-off, and methods like blanks, standards, and external checks.

Evidence · text

“Quality Assurance and Control Samples were collected at 1 m intervals from vertical auger holes drilled to 30 m depth in saprolite using a 5" diameter Little Beaver deep auger. Each interval was homogenized and split: one half was washed and sieved to retain coarse rock chips for geological logging, and the other submitted to the laboratory. Samples were submitted to FILAB Suriname, a Bureau Veritas Certified Laboratory in Paramaribo, Suriname (a commercial certified laboratory under ISO 9001:2015). Samples are crushed to 75% passing 2.35 mm screen, riffle split (700 g) and pulverized to 85% passing 88 µm. Samples were analyzed using a 50 g fire assay (50 g aliquot) with an Atomic Absorption (AA) finish. For samples that return assay values over 10.0 grams per tonne (g/t), another cut was taken from the original pulp and fire assayed with a gravimetric finish. Founders Metals inserts blanks and certified reference standards in the sample sequence for quality control. External QA-QC checks are performed at ALS Global Laboratories (Geochemistry Division) in Lima, Peru (an ISO/IEC 17025:2017 accredited facility). A secure chain of custody is maintained in transporting and storing of all samples. Qualified Persons The technical content of this news release has been reviewed and approved by Michael Dufresne, M.Sc., P.Geol., P.Geo., an independent qualified person as defined by National Instrument 43-101.”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: The document clearly states the cut-off grade of 0.10 g/t Au and maximum internal dilution of <5.0 m of zero grade used for calculating intercepts.

Evidence · text

“Intercepts are uncapped and calculated using a 0.10 g/t Au cutoff grade with <5.0 m of internal dilution of zero grade, and a minimum composite length of 2.0 m.”

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The document states that 'True widths are approximately 80-85%', providing an estimate for the true thickness of the mineralization.

Evidence · text

“True widths are approximately 80-85%.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The release indicates the 'Target remains open at depth' and the auger data provides a 'targeting framework for follow-up diamond drilling down plunge into untested bedrock', suggesting extension of mineralization.

Evidence · text

“Target remains open at depth with 20 deep auger holes ending in mineralization at the 30 m auger limit New auger data defines shoot orientation, plunge direction, and dimensions, providing a precise targeting framework for follow-up diamond drilling down plunge into untested bedrock”

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: The document references a previously reported diamond drill intercept in hole MG003 from June 24, 2025, and other auger results from February 19, 2026, without providing new assays for them.

Evidence · text

“previously reported diamond drill intercept of 22.5 metres (m) of 11.88 grams per tonne (g/t) gold (Au) in hole MG003 (announced June 24, 2025)”

Extracted facts

Stored fact records: 21. Some facts used in scoring do not have a stored record.

Drill Results (21)

MGAD059Antino · goldGrade: 10.57Grade Unit: g/tIntercept: 12 mView all details
Link to this fact

Identity

Hole ID
MGAD059
Project
Antino
Commodity
gold
Region
southeastern suriname
Reported Region
southeastern suriname
Ticker
FDR

Geometry

Grade
10.57
Grade Unit
g/t
Intercept
12 m
From
9 m
To
21 m
Intercept Depth
9 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
MGAD059:9-21
Mining Method
underground

Location

Location
Maria Geralda
Easting
825750
Northing
398225
CRS
UTM Zone 21
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
FILAB Suriname
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept represents a strong gold grade over a good width, significantly contributing to the understanding and definition of the high-grade shoot at Maria Geralda.

Positive factors

  • High-grade gold intercept (10.57 g/t Au) over a significant width (12.0 m) is strong for an orogenic system.
  • The grade-thickness product (126.84 g/t·m) is strong, indicating a substantial amount of gold.
  • This intercept contributes to defining the coherent, plunging high-grade shoot.

Negative factors

  • Drilling is in saprolite, not bedrock.

Evidence · table

“10.57”

Context: 12.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

MGAD058Antino · goldGrade: 2.88Grade Unit: g/tIntercept: 20 mView all details
Link to this fact

Identity

Hole ID
MGAD058
Project
Antino
Commodity
gold
Region
southeastern suriname
Reported Region
southeastern suriname
Ticker
FDR

Geometry

Grade
2.88
Grade Unit
g/t
Intercept
20 m
From
10 m
To
30 m
Intercept Depth
10 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
MGAD058:10-30
Mining Method
underground

Location

Location
Maria Geralda
Easting
825750
Northing
398225
CRS
UTM Zone 21
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
FILAB Suriname
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept provides good width and a moderate grade-thickness product, supporting the overall understanding of the gold mineralization at Maria Geralda.

Positive factors

  • Good width (20.0 m) with a weak grade (2.88 g/t Au) for an orogenic system.
  • The grade-thickness product (57.6 g/t·m) is moderate, indicating a meaningful intercept.
  • This intercept contributes to defining the overall gold-bearing structure.

Negative factors

  • Drilling is in saprolite, not bedrock.

Evidence · table

“2.88”

Context: 20.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

MGAD057Antino · goldGrade: 3.56Grade Unit: g/tIntercept: 18 mView all details
Link to this fact

Identity

Hole ID
MGAD057
Project
Antino
Commodity
gold
Region
southeastern suriname
Reported Region
southeastern suriname
Ticker
FDR

Geometry

Grade
3.56
Grade Unit
g/t
Intercept
18 m
From
11 m
To
29 m
Intercept Depth
11 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
MGAD057:11-29
Mining Method
underground

Location

Location
Maria Geralda
Easting
825750
Northing
398225
CRS
UTM Zone 21
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
FILAB Suriname
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept provides good width and a moderate grade-thickness product, supporting the overall understanding of the gold mineralization at Maria Geralda.

Positive factors

  • Good width (18.0 m) with a weak grade (3.56 g/t Au) for an orogenic system.
  • The grade-thickness product (64.08 g/t·m) is moderate, indicating a meaningful intercept.
  • This intercept contributes to defining the overall gold-bearing structure.

Negative factors

  • Drilling is in saprolite, not bedrock.

Evidence · table

“3.56”

Context: 18.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

MGAD056Antino · goldGrade: 7.52Grade Unit: g/tIntercept: 14 mView all details
Link to this fact

Identity

Hole ID
MGAD056
Project
Antino
Commodity
gold
Region
southeastern suriname
Reported Region
southeastern suriname
Ticker
FDR

Geometry

Grade
7.52
Grade Unit
g/t
Intercept
14 m
From
16 m
To
30 m
Intercept Depth
16 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
MGAD056:16-30
Mining Method
underground

Location

Location
Maria Geralda
Easting
825750
Northing
398225
CRS
UTM Zone 21
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
FILAB Suriname
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept represents a strong gold grade over a good width, significantly contributing to the understanding and definition of the high-grade shoot at Maria Geralda.

Positive factors

  • High-grade gold intercept (7.52 g/t Au) over a significant width (14.0 m) is strong for an orogenic system.
  • The grade-thickness product (105.28 g/t·m) is strong, indicating a substantial amount of gold.
  • This intercept contributes to defining the coherent, plunging high-grade shoot.

Negative factors

  • Drilling is in saprolite, not bedrock.

Evidence · table

“7.52”

Context: 14.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

MGAD055Antino · goldGrade: 6.71Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
MGAD055
Project
Antino
Commodity
gold
Region
southeastern suriname
Reported Region
southeastern suriname
Ticker
FDR

Geometry

Grade
6.71
Grade Unit
g/t
Intercept
9 m
From
0 m
To
9 m
Intercept Depth
0 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
MGAD055:0-9
Mining Method
underground

Location

Location
Maria Geralda
Easting
825750
Northing
398225
CRS
UTM Zone 21
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
FILAB Suriname
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept provides good width and a moderate grade, supporting the overall understanding of the gold mineralization at Maria Geralda.

Positive factors

  • High-grade gold intercept (6.71 g/t Au) over a good width (9.0 m) is moderate for an orogenic system.
  • The grade-thickness product (60.39 g/t·m) is moderate, indicating a meaningful intercept.
  • This intercept contributes to defining the overall gold-bearing structure.

Negative factors

  • Drilling is in saprolite, not bedrock.

Evidence · table

“6.71”

Context: 9.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

MGAD055Antino · goldGrade: 4.83Grade Unit: g/tIntercept: 15 mView all details
Link to this fact

Identity

Hole ID
MGAD055
Project
Antino
Commodity
gold
Region
southeastern suriname
Reported Region
southeastern suriname
Ticker
FDR

Geometry

Grade
4.83
Grade Unit
g/t
Intercept
15 m
From
15 m
To
30 m
Intercept Depth
0 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
MGAD055:15-30
Mining Method
underground

Location

Location
Maria Geralda
Easting
825750
Northing
398225
CRS
UTM Zone 21
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
FILAB Suriname
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept provides good width and a moderate grade, supporting the overall understanding of the gold mineralization at Maria Geralda.

Positive factors

  • Good width (15.0 m) with a moderate grade (4.83 g/t Au) for an orogenic system.
  • The grade-thickness product (72.45 g/t·m) is moderate, indicating a meaningful intercept.
  • This intercept contributes to defining the overall gold-bearing structure.

Negative factors

  • Drilling is in saprolite, not bedrock.

Evidence · table

“4.83”

Context: 15.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

MGAD054Antino · goldGrade: 0.57Grade Unit: g/tIntercept: 14 mView all details
Link to this fact

Identity

Hole ID
MGAD054
Project
Antino
Commodity
gold
Region
southeastern suriname
Reported Region
southeastern suriname
Ticker
FDR

Geometry

Grade
0.57
Grade Unit
g/t
Intercept
14 m
From
16 m
To
30 m
Intercept Depth
16 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
MGAD054:16-30
Mining Method
underground

Location

Location
Maria Geralda
Easting
825750
Northing
398225
CRS
UTM Zone 21
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
FILAB Suriname
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept is low grade for the deposit type, but still contributes to the overall understanding of the mineralized footprint.

Positive factors

  • Intercept is above the stated cut-off grade.

Negative factors

  • Low grade (0.57 g/t Au) for an orogenic system, falling below the weak threshold.
  • Drilling is in saprolite, not bedrock.

Evidence · table

“0.57”

Context: 14.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

MGAD052Antino · goldGrade: 1.46Grade Unit: g/tIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
MGAD052
Project
Antino
Commodity
gold
Region
southeastern suriname
Reported Region
southeastern suriname
Ticker
FDR

Geometry

Grade
1.46
Grade Unit
g/t
Intercept
7 m
From
0 m
To
7 m
Intercept Depth
0 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
MGAD052:0-7
Mining Method
underground

Location

Location
Maria Geralda
Easting
825750
Northing
398225
CRS
UTM Zone 21
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
FILAB Suriname
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept is low grade for the deposit type, but still contributes to the overall understanding of the mineralized footprint.

Positive factors

  • Intercept is above the stated cut-off grade.

Negative factors

  • Low grade (1.46 g/t Au) for an orogenic system, falling below the weak threshold.
  • Drilling is in saprolite, not bedrock.

Evidence · table

“1.46”

Context: 7.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

MGAD050Antino · goldGrade: 0.67Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
MGAD050
Project
Antino
Commodity
gold
Region
southeastern suriname
Reported Region
southeastern suriname
Ticker
FDR

Geometry

Grade
0.67
Grade Unit
g/t
Intercept
4 m
From
0 m
To
4 m
Intercept Depth
0 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
MGAD050:0-4
Mining Method
underground

Location

Location
Maria Geralda
Easting
825750
Northing
398225
CRS
UTM Zone 21
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
FILAB Suriname
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept is low grade for the deposit type, but still contributes to the overall understanding of the mineralized footprint.

Positive factors

  • Intercept is above the stated cut-off grade.

Negative factors

  • Low grade (0.67 g/t Au) for an orogenic system, falling below the weak threshold.
  • Drilling is in saprolite, not bedrock.

Evidence · table

“0.67”

Context: 4.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

MGAD050Antino · goldGrade: 2.38Grade Unit: g/tIntercept: 19 mView all details
Link to this fact

Identity

Hole ID
MGAD050
Project
Antino
Commodity
gold
Region
southeastern suriname
Reported Region
southeastern suriname
Ticker
FDR

Geometry

Grade
2.38
Grade Unit
g/t
Intercept
19 m
From
10 m
To
29 m
Intercept Depth
0 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
MGAD050:10-29
Mining Method
underground

Location

Location
Maria Geralda
Easting
825750
Northing
398225
CRS
UTM Zone 21
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
FILAB Suriname
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept provides good width but low grade, contributing to the overall understanding of the mineralized footprint at Maria Geralda.

Positive factors

  • Good width (19.0 m) with a grade above the stated cut-off.

Negative factors

  • Low grade (2.38 g/t Au) for an orogenic system, falling below the weak threshold.
  • Drilling is in saprolite, not bedrock.

Evidence · table

“2.38”

Context: 19.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

MGAD049Antino · goldGrade: 3.68Grade Unit: g/tIntercept: 13 mView all details
Link to this fact

Identity

Hole ID
MGAD049
Project
Antino
Commodity
gold
Region
southeastern suriname
Reported Region
southeastern suriname
Ticker
FDR

Geometry

Grade
3.68
Grade Unit
g/t
Intercept
13 m
From
13 m
To
26 m
Intercept Depth
13 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
MGAD049:13-26
Mining Method
underground

Location

Location
Maria Geralda
Easting
825750
Northing
398225
CRS
UTM Zone 21
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
FILAB Suriname
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept provides good width and a moderate grade-thickness product, supporting the overall understanding of the gold mineralization at Maria Geralda.

Positive factors

  • Good width (13.0 m) with a weak grade (3.68 g/t Au) for an orogenic system.
  • The grade-thickness product (47.84 g/t·m) is moderate, indicating a meaningful intercept.
  • This intercept contributes to defining the overall gold-bearing structure.

Negative factors

  • Drilling is in saprolite, not bedrock.

Evidence · table

“3.68”

Context: 13.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

MGAD048Antino · goldGrade: 2.09Grade Unit: g/tIntercept: 17 mView all details
Link to this fact

Identity

Hole ID
MGAD048
Project
Antino
Commodity
gold
Region
southeastern suriname
Reported Region
southeastern suriname
Ticker
FDR

Geometry

Grade
2.09
Grade Unit
g/t
Intercept
17 m
From
13 m
To
30 m
Intercept Depth
13 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
MGAD048:13-30
Mining Method
underground

Location

Location
Maria Geralda
Easting
825750
Northing
398225
CRS
UTM Zone 21
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
FILAB Suriname
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept provides good width but low grade, contributing to the overall understanding of the mineralized footprint at Maria Geralda.

Positive factors

  • Good width (17.0 m) with a grade above the stated cut-off.

Negative factors

  • Low grade (2.09 g/t Au) for an orogenic system, falling below the weak threshold.
  • Drilling is in saprolite, not bedrock.

Evidence · table

“2.09”

Context: 17.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

MGAD047Antino · goldGrade: 2.63Grade Unit: g/tIntercept: 14 mView all details
Link to this fact

Identity

Hole ID
MGAD047
Project
Antino
Commodity
gold
Region
southeastern suriname
Reported Region
southeastern suriname
Ticker
FDR

Geometry

Grade
2.63
Grade Unit
g/t
Intercept
14 m
From
16 m
To
30 m
Intercept Depth
16 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
MGAD047:16-30
Mining Method
underground

Location

Location
Maria Geralda
Easting
825750
Northing
398225
CRS
UTM Zone 21
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
FILAB Suriname
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept provides good width and a weak grade, supporting the overall understanding of the gold mineralization at Maria Geralda.

Positive factors

  • Good width (14.0 m) with a weak grade (2.63 g/t Au) for an orogenic system.
  • This intercept contributes to defining the overall gold-bearing structure.

Negative factors

  • Drilling is in saprolite, not bedrock.

Evidence · table

“2.63”

Context: 14.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

MGAD046Antino · goldGrade: 3.31Grade Unit: g/tIntercept: 13 mView all details
Link to this fact

Identity

Hole ID
MGAD046
Project
Antino
Commodity
gold
Region
southeastern suriname
Reported Region
southeastern suriname
Ticker
FDR

Geometry

Grade
3.31
Grade Unit
g/t
Intercept
13 m
From
17 m
To
30 m
Intercept Depth
17 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
MGAD046:17-30
Mining Method
underground

Location

Location
Maria Geralda
Easting
825750
Northing
398225
CRS
UTM Zone 21
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
FILAB Suriname
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept provides good width and a moderate grade-thickness product, supporting the overall understanding of the gold mineralization at Maria Geralda.

Positive factors

  • Good width (13.0 m) with a weak grade (3.31 g/t Au) for an orogenic system.
  • The grade-thickness product (43.03 g/t·m) is moderate, indicating a meaningful intercept.
  • This intercept contributes to defining the overall gold-bearing structure.

Negative factors

  • Drilling is in saprolite, not bedrock.

Evidence · table

“3.31”

Context: 13.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

MGAD045Antino · goldGrade: 1.17Grade Unit: g/tIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
MGAD045
Project
Antino
Commodity
gold
Region
southeastern suriname
Reported Region
southeastern suriname
Ticker
FDR

Geometry

Grade
1.17
Grade Unit
g/t
Intercept
8 m
From
22 m
To
30 m
Intercept Depth
22 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
MGAD045:22-30
Mining Method
underground

Location

Location
Maria Geralda
Easting
825750
Northing
398225
CRS
UTM Zone 21
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
FILAB Suriname
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept is low grade for the deposit type, but still contributes to the overall understanding of the mineralized footprint.

Positive factors

  • Intercept is above the stated cut-off grade.

Negative factors

  • Low grade (1.17 g/t Au) for an orogenic system, falling below the weak threshold.
  • Drilling is in saprolite, not bedrock.

Evidence · table

“1.17”

Context: 8.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

MGAD043Antino · goldGrade: 4.35Grade Unit: g/tIntercept: 16 mView all details
Link to this fact

Identity

Hole ID
MGAD043
Project
Antino
Commodity
gold
Region
southeastern suriname
Reported Region
southeastern suriname
Ticker
FDR

Geometry

Grade
4.35
Grade Unit
g/t
Intercept
16 m
From
14 m
To
30 m
Intercept Depth
14 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
MGAD043:14-30
Mining Method
underground

Location

Location
Maria Geralda
Easting
825750
Northing
398225
CRS
UTM Zone 21
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
FILAB Suriname
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept provides good width and a moderate grade, supporting the overall understanding of the gold mineralization at Maria Geralda.

Positive factors

  • Good width (16.0 m) with a moderate grade (4.35 g/t Au) for an orogenic system.
  • The grade-thickness product (69.6 g/t·m) is moderate, indicating a meaningful intercept.
  • This intercept contributes to defining the overall gold-bearing structure.

Negative factors

  • Drilling is in saprolite, not bedrock.

Evidence · table

“4.35”

Context: 16.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

MGAD042Antino · goldGrade: 0.95Grade Unit: g/tIntercept: 18 mView all details
Link to this fact

Identity

Hole ID
MGAD042
Project
Antino
Commodity
gold
Region
southeastern suriname
Reported Region
southeastern suriname
Ticker
FDR

Geometry

Grade
0.95
Grade Unit
g/t
Intercept
18 m
From
11 m
To
29 m
Intercept Depth
11 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
MGAD042:11-29
Mining Method
underground

Location

Location
Maria Geralda
Easting
825750
Northing
398225
CRS
UTM Zone 21
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
FILAB Suriname
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept is low grade for the deposit type, but still contributes to the overall understanding of the mineralized footprint.

Positive factors

  • Intercept is above the stated cut-off grade.

Negative factors

  • Low grade (0.95 g/t Au) for an orogenic system, falling below the weak threshold.
  • Drilling is in saprolite, not bedrock.

Evidence · table

“0.95”

Context: 18.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

MGAD041Antino · goldGrade: 4.64Grade Unit: g/tIntercept: 30 mView all details
Link to this fact

Identity

Hole ID
MGAD041
Project
Antino
Commodity
gold
Region
southeastern suriname
Reported Region
southeastern suriname
Ticker
FDR

Geometry

Grade
4.64
Grade Unit
g/t
Intercept
30 m
From
0 m
To
30 m
Intercept Depth
0 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
MGAD041:0-30
Mining Method
underground

Location

Location
Maria Geralda
Easting
825750
Northing
398225
CRS
UTM Zone 21
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
FILAB Suriname
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept represents a strong gold grade-thickness product over a very good width, significantly contributing to the understanding and definition of the high-grade shoot at Maria Geralda.

Positive factors

  • Significant width (30.0 m) with a moderate grade (4.64 g/t Au) for an orogenic system.
  • The grade-thickness product (139.2 g/t·m) is strong, indicating a substantial amount of gold.
  • This intercept contributes significantly to defining the coherent, plunging high-grade shoot.

Negative factors

  • Drilling is in saprolite, not bedrock.

Evidence · table

“4.64”

Context: 30.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

MGAD034Antino · goldGrade: 0.62Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
MGAD034
Project
Antino
Commodity
gold
Region
southeastern suriname
Reported Region
southeastern suriname
Ticker
FDR

Geometry

Grade
0.62
Grade Unit
g/t
Intercept
5 m
From
14 m
To
19 m
Intercept Depth
14 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
MGAD034:14-19
Mining Method
underground

Location

Location
Maria Geralda
Easting
825750
Northing
398225
CRS
UTM Zone 21
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
FILAB Suriname
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept is low grade for the deposit type, but still contributes to the overall understanding of the mineralized footprint.

Positive factors

  • Intercept is above the stated cut-off grade.

Negative factors

  • Low grade (0.62 g/t Au) for an orogenic system, falling below the weak threshold.
  • Drilling is in saprolite, not bedrock.

Evidence · table

“0.62”

Context: 5.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

MGAD032Antino · goldGrade: 1.19Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
MGAD032
Project
Antino
Commodity
gold
Region
southeastern suriname
Reported Region
southeastern suriname
Ticker
FDR

Geometry

Grade
1.19
Grade Unit
g/t
Intercept
4 m
From
26 m
To
30 m
Intercept Depth
26 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
MGAD032:26-30
Mining Method
underground

Location

Location
Maria Geralda
Easting
825750
Northing
398225
CRS
UTM Zone 21
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
FILAB Suriname
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept is low grade for the deposit type, but still contributes to the overall understanding of the mineralized footprint.

Positive factors

  • Intercept is above the stated cut-off grade.

Negative factors

  • Low grade (1.19 g/t Au) for an orogenic system, falling below the weak threshold.
  • Drilling is in saprolite, not bedrock.

Evidence · table

“1.19”

Context: 4.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

MG003Antino · goldGrade: 11.88Grade Unit: g/tIntercept: 22.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
MG003
Project
Antino
Commodity
gold
Region
southeastern suriname
Reported Region
southeastern suriname
Ticker
FDR

Geometry

Grade
11.88
Grade Unit
g/t
Intercept
22.5 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
MG003:null-null
Mining Method
underground

Location

Location
Maria Geralda
Easting
825750
Northing
398225
CRS
UTM Zone 21
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
FILAB Suriname
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-06-24T00:00:00.000Z

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This historical intercept represents an exceptional gold grade over a significant width, and its continuity is now confirmed by the current auger program, validating the project's potential.

Positive factors

  • Exceptional high-grade gold intercept (11.88 g/t Au) over a significant width (22.5 m) for an orogenic system.
  • The grade-thickness product (267.3 g/t·m) is strong, indicating a substantial amount of gold.
  • This historical intercept is confirmed by the current auger program to be part of a coherent high-grade shoot.

Negative factors

  • This is a previously reported result, so novelty is low.

Evidence · text

“22.5 metres (m) of 11.88 grams per tonne (g/t) gold (Au) in hole MG003 (announced June 24, 2025)”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

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.