The KE Report

Founders Metals - Mid-Year Exploration Update, Antino Project: High-Grade Discovery at Maria Geralda, Expanding Lower Antino, 60,000 Meter Program Continues

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In this interview, we welcome back Colin Padget, President and CEO of Founders Metals (TSX.V: FDR - OTC: FDMIF - Frankfurt: 9DL0), to recap a major two-day news release cycle. On June 23rd, the company released a comprehensive mid-year exploration update, followed by the June 24th announcement of a new high-grade gold discovery at the Maria Geralda target.

 

Key topics discussed:

  • Maria Geralda Discovery: A new zone with little to no historic work, now delivering 22.5m of 11.94 g/t Au. Colin explains how this fits into the broader structural trend between Lower Antino and Van Gogh.

  • Follow-Up Plans at Maria Geralda: Initial three-hole drill program shows strong results, with more trenching, surface auger work, and step-back drilling planned.

  • Lower Antino Update: A potential bulk-tonnage zone showing consistent gold mineralization with room to grow. Colin discusses how this could enhance project economics by providing future mill feed.

  • Lawa and Eastside Targets: Early-stage targets like Lawa, Van Gogh, Da Vinci, and Parbo show scale potential with widespread gold-bearing structures; surface work and drilling are ongoing or planned.

  • Strategic Prioritization: The company is building around Upper Antino as the “center of gravity,” balancing high-grade hits with bulk-tonnage zones.

  • Next Catalysts: Multiple rigs active with at least 60,000 meters planned for the year. Colin outlines where drilling is currently focused and when the next assay results are expected.

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

    Click here to visit the Founders Metals website.

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