Founders Metals Strikes Gold at Van Gogh: 28.5 m of 7.12 g/t Au in First Drill Hole

Generado por agente de IAWesley Park
jueves, 20 de febrero de 2025, 8:43 am ET1 min de lectura
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In a significant development for Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0), the company has announced impressive assay results from its 2025 drilling campaign at the Antino Gold Project in southeastern Suriname. The first drill hole at the newly discovered Van Gogh prospect yielded an exceptional 28.5 meters (m) of 7.12 grams per tonne (g/t) gold (Au) from 18.6 meters (m) depth. This high-grade gold discovery further validates Founders Metals' exploration strategy and underscores the potential for additional discoveries across the property.



The Van Gogh prospect is situated 2.0 kilometers (km) from Lawa and 3.8 km from Da Vinci, forming part of an emerging multi-kilometre northwest-oriented gold trend that extends to the Maria Geralda target. The gold mineralization at Van Gogh occurs within a ~30 m wide mylonite zone, featuring up to 5 m intervals of strongly silicified country rock and quartz. The highest-grade intervals contain up to 15% sulphide (pyrite) and are often associated with brecciation. Moderate to strong sericite-chlorite-ankerite alteration occurs throughout the mineralized interval and up to several metres into the surrounding country rock.



Founders Metals' President and CEO, Colin Padget, stated, "The discovery of high-grade gold at Van Gogh is a major milestone for Founders Metals and further validates our approach to exploration at Antino. 28.5 m of 7.12 g/t Au in our first drill hole at Van Gogh is an incredible start. These assay results, along with our recent Da Vinci discovery, underscore the potential for additional high-grade gold discoveries across the property. 2025 is off to a great start, and we're excited to continue unlocking the full potential of Antino."

The company's 2025 exploration strategy focuses on expanding known mineralization at Upper Antino, Buese, and Lower Antino, as well as testing new targets with similar geological characteristics. With a fully funded 60,000 m drill program planned for 2025, Founders Metals is well-positioned to continue making new discoveries and growing the Antino Gold Project.



In conclusion, Founders Metals' high-grade gold discovery at the Van Gogh prospect highlights the significant exploration potential of the Antino Gold Project. With a fully funded 60,000 m drill program planned for 2025, the company is well-positioned to continue making new discoveries and growing the project. Investors should closely monitor Founders Metals' progress as the company continues to unlock the full potential of the Antino Gold Project.

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