Colin Padgett, President & CEO of Founders Metals (TSX.V: FDR - OTC: FDMIF), provides a key update on the company’s latest drill results, revealing a significant new gold discovery at the Van Gogh target. With a 60,000-meter drill program underway, he explains what this means for investors and the next steps in the company’s aggressive exploration strategy. See map posted below for an overview of where the past drilling and targets are located on the Project. 

The discussion focuses on recent preliminary drill results from the Van Gogh target. In two news releases (February 20 and March 17), the initial data indicates high-grade gold over substantial widths, such as 20 meters yielding over 7 g/t gold and 72 meters yielding 2.29 g/t. Colin elaborates on the significant breakthrough at Van Gogh, detailing the journey from geophysical anomalies and lidar data to the discovery confirmed by channel sampling and subsequent drilling. 

The conversation also covers future drilling plans, indicating a strategic focus on fresh rock zones and structural trends. Additionally, Colin discusses another emerging gold trend on the property and plans to explore new targets like Maria Geralda. He provides an overview of ongoing and upcoming drilling activities at various targets within the Antino Property, emphasizing the importance of new discoveries in adding shareholder value.

If you have any follow up questions or topic you would like Colin to address please email me at [email protected]. 

Click here to visit the Founders Metals website. 

Click here to listen to the prior interview outlining the full 60,000 meter drill program.