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Founders Metals Extends Gold Mineralization at Van Gogh Site

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Founders Metals Extends Gold Mineralization at Van Gogh Site

An update from Founders Metals ( (TSE:FDR) ) is now available.

Founders Metals has announced significant assay results from its Van Gogh site at the Antino Gold Project in Suriname, highlighting a 72.0-meter interval with 2.29 g/t gold, extending mineralization to a 200-meter vertical depth. This discovery, part of a broader exploration program, underscores the potential of the Antino project as a tier 1 gold discovery, with the company planning to allocate substantial resources to further exploration in 2025. The results are expected to enhance Founders Metals’ position in the gold exploration industry and provide value to shareholders through systematic discoveries and expansion of existing successes.

More about Founders Metals

Founders Metals Inc. is a Canadian-based exploration company focused on advancing the Antino Gold Project in Suriname, South America, located within the Guiana Shield. The project spans 20,000 hectares and has historically produced over 500,000 ounces of gold from surface and alluvial mining. The company is financially equipped to conduct up to 60,000 meters of drilling in 2025.

YTD Price Performance: 8.48%

Average Trading Volume: 153,701

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$546.5M

For an in-depth examination of FDR stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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