December 11, 2024
Christmas in the Jungle! Founders Metals Hits 36.0 m of 2.21 g/t Gold & 67.0 m of 1.26 g/t Gold from Surface in New Da Vinci Discovery
December 5, 2024
Founders Metals Hits 23.0 metres of 5.00 g/t Gold at Froyo & Extends Zone by 180 metres
October 10, 2024
Founders Metals Increases Previously Announced Bought Deal Financing to C$20 Million
October 10, 2024
Founders Metals Announces C$15 Million Bought Deal Financing & LOI with Strategic Investor
June 17, 2024
Founders Metals Announces Positive Metallurgical Results from Antino with up to 96% Gold Recovery
May 30, 2024
Founders Metals Intersects 8.0 Metres of 6.64 g/t Gold and Discovers New Shear Zone at Donut
February 23, 2024
Founders Metals Discovers New Gold Zone at Donut and Extends Depth at Froyo to 250 Metres
February 5, 2024
Founders Metals Hits 15.0 metres of 8.18 g/t Gold & 26.0 metres of 5.52 g/t Gold in Latest Antino Drilling
December 21, 2023
Founders Metals Discovers New Parallel Zone; Hits 14.5 m of 16.26 g/t Gold and 26.0 m of 4.86 g/t Gold
December 7, 2023
Founders Metals Hits 6.0 Metres of 94.69 g/t Gold and 9.0 Metres of 22.84 g/t Gold on Further Northwest Expansion
November 30, 2023
Founders Metals Drills 14.03 g/t Gold over 13.0 metres and 12.34 g/t Gold over 8.0 Metres; Extends Froyo Gold Zone by 50 Metres
November 28, 2023
Founders Metals Closes $5 Million Bought Deal Financing And Fully Exercised Over-Allotment Option
November 14, 2023
Founders Metals – Announces C$5 Million Bought Deal Financing
November 2, 2023
Founders Metals Hits New Highest-Grade Sample of 231.92 g/t Gold over 1.0 metre within 3.0 Metres of 99.51 g/t Gold
October 26, 2023
Founders Metals Drills 26.00 metres of 6.35 g/t Gold at Froyo Gold Zone and Second Rig Begins Drilling
October 24, 2023
Founders Metals Identifies Historical Artisanal Mining Tailings Grading up to 9.17 Grams Per Tonne Gold from Multiple Areas
October 6, 2023
Founders Metals Drills 45.79 m of 4.06 g/t Gold at Antino Gold Project, Extending High-Grade Gold Zone by Over 80 Metres
September 13, 2023
Founders Metals Drills 7.00 Metres of 8.12 g/t Gold and Extends High-Grade Gold Zone
September 8, 2023
Founders Metals Provides Buese Area Intro with Channel Samples of up to 113 g/t Gold
August 10, 2023
Founders Metals Drills 9.00 m of 11.10 g/t Gold and 12.20 Metres of 8.75 g/t Gold at Antino Gold Project
May 11, 2023
Founders Metals Purchases and Mobilizes Drills to Antino Gold Project
Founders Metals Purchases and Mobilizes Drills to Antino Gold Project
April 26, 2023
Founders Metals Samples High-Grade Gold up to 54 g/t Au along 1.5 km of Strike at Upper Antino
March 21, 2023
Founders Closes Assignment of Antino Option and Upsized Concurrent Financing of $3,083,000
March 16, 2023
Founders Files NI 43-101 Technical Report on Antino Project and to Close Assignment of Antino Option on March 20, 2023
December 22, 2021
Founders Metals Reports Initial Drill Results At Elmtree Including 2.06 G/T Over 24.8 Metres
Founders Metals Inc. ("Founders" or the "Company") (TSXV: FDR.V) is pleased to announce initial drill results from the Company's recently completed 2021 drill program at the Elmtree Gold Project in northeastern New Brunswick.
October 7, 2021
Founders Metals Initiates Drilling at the Elmtree Gold Project
Founders Metals Inc. ("Founders" or the "Company") (TSXV: FDR.V) is pleased to provide details on the 2021 drill program at the Elmtree Gold in northeastern New Brunswick. Drilling started October 6, 2021
September 20, 2021
Founders Metals Identifies New Targets From Drone Magnetics Survey
Founders Metals Inc. ("Founders" or the "Company") (TSXV: FDR.V) is pleased to announce the results of a property-wide high-resolution UAV magnetics survey at its Elmtree Gold Project in northeastern New Brunswick. Numerous northeast-trending linear magnetic lows, consistent with the gold-bearing Elmtree Fault Zone, have been identified. Magnetic highs of a similar scale and signature to the mineralized West Gabbro Zone occur along or adjacent to these linear features. Historical data show that gold mineralization is spatially associated with similarly-oriented fault/shear zones. Iron-rich, magnetic mafic rocks are the preferred host for the highest-grade gold mineralization in the area.
September 15, 2021
Founders Metals Obtains Drill Permits and Signs Drill Contract and Landowner Agreements for the Elmtree Gold Project
Founders Metals Inc. ("Founders" or the "Company") (TSXV: FDR.V) is pleased to announce that it has received its work authorization from the New Brunswick Mining Recorder's Office. The government permit allows Founders to commence diamond drilling on the Elmtree Gold Project in northeastern New Brunswick, where it has signed landowner access agreements across the 1063-hectare property. The Company is also pleased to announce the signing of a drilling contract with Cartwright Drilling Inc. of Goose Bay, Newfoundland, to conduct a diamond drill program on the Elmtree property, with a planned October 2021 start date.
September 9, 2021
Founders Metals Completes High-resolution Soil Campaign at the Elmtree Gold Project
Founders Metals Inc. ("Founders" or the "Company") (TSXV: FDR.V) is pleased to announce that it has completed a property-wide Ion Leach soil sampling program at its Elmtree Gold Project in northeastern New Brunswick (fig. 1). A total of 3,715 samples were collected over the 1,026-hectare property. This high-resolution sampling campaign represents the most comprehensive geochemical survey on the property to date. It leverages the sensitivity of the Ionic Leach analytical method to identify new exploration targets and better define the extent of known gold mineralization on the property.
July 27, 2021
Founders Metals initiates soil geochemical survey on its Elmtree Gold Project
Founders Metals Inc. (“Founders” or the “Company") (TSXV: FDR.V) is pleased to announce the start of a multistage soil geochemical survey on its Elmtree Gold Project in northeastern New Brunswick, Canada. Sampling began on July 15th and employs ALS Gobal’s Ionic Leach technique to assist in better identifying mineralization and associated alteration through thin, locally clay-rich, glacial cover.
July 12, 2021
Founders Metals Announces High-Resolution UAV Magnetics Survey for Elmtree Au Project
Founders Metals Inc. (“Founders” or the “Company") (TSXV: FDR.V) is pleased to announce a drone-based airborne magnetics survey on its Elmtree Gold Project in the Bathurst Mining Camp of northeastern New Brunswick.
December 22, 2021
Founders Metals Reports Initial Drill Results At Elmtree Including 2.06 G/T Over 24.8 Metres
Founders Metals Inc. ("Founders" or the "Company") (TSXV: FDR.V) is pleased to announce initial drill results from the Company's recently completed 2021 drill program at the Elmtree Gold Project in northeastern New Brunswick.
October 7, 2021
Founders Metals Initiates Drilling at the Elmtree Gold Project
Founders Metals Inc. ("Founders" or the "Company") (TSXV: FDR.V) is pleased to provide details on the 2021 drill program at the Elmtree Gold in northeastern New Brunswick. Drilling started October 6, 2021
September 20, 2021
Founders Metals Identifies New Targets From Drone Magnetics Survey
Founders Metals Inc. ("Founders" or the "Company") (TSXV: FDR.V) is pleased to announce the results of a property-wide high-resolution UAV magnetics survey at its Elmtree Gold Project in northeastern New Brunswick. Numerous northeast-trending linear magnetic lows, consistent with the gold-bearing Elmtree Fault Zone, have been identified. Magnetic highs of a similar scale and signature to the mineralized West Gabbro Zone occur along or adjacent to these linear features. Historical data show that gold mineralization is spatially associated with similarly-oriented fault/shear zones. Iron-rich, magnetic mafic rocks are the preferred host for the highest-grade gold mineralization in the area.
September 15, 2021
Founders Metals Obtains Drill Permits and Signs Drill Contract and Landowner Agreements for the Elmtree Gold Project
Founders Metals Inc. ("Founders" or the "Company") (TSXV: FDR.V) is pleased to announce that it has received its work authorization from the New Brunswick Mining Recorder's Office. The government permit allows Founders to commence diamond drilling on the Elmtree Gold Project in northeastern New Brunswick, where it has signed landowner access agreements across the 1063-hectare property. The Company is also pleased to announce the signing of a drilling contract with Cartwright Drilling Inc. of Goose Bay, Newfoundland, to conduct a diamond drill program on the Elmtree property, with a planned October 2021 start date.
September 9, 2021
Founders Metals Completes High-resolution Soil Campaign at the Elmtree Gold Project
Founders Metals Inc. ("Founders" or the "Company") (TSXV: FDR.V) is pleased to announce that it has completed a property-wide Ion Leach soil sampling program at its Elmtree Gold Project in northeastern New Brunswick (fig. 1). A total of 3,715 samples were collected over the 1,026-hectare property. This high-resolution sampling campaign represents the most comprehensive geochemical survey on the property to date. It leverages the sensitivity of the Ionic Leach analytical method to identify new exploration targets and better define the extent of known gold mineralization on the property.
July 27, 2021
Founders Metals initiates soil geochemical survey on its Elmtree Gold Project
Founders Metals Inc. (“Founders” or the “Company") (TSXV: FDR.V) is pleased to announce the start of a multistage soil geochemical survey on its Elmtree Gold Project in northeastern New Brunswick, Canada. Sampling began on July 15th and employs ALS Gobal’s Ionic Leach technique to assist in better identifying mineralization and associated alteration through thin, locally clay-rich, glacial cover.
July 12, 2021
Founders Metals Announces High-Resolution UAV Magnetics Survey for Elmtree Au Project
Founders Metals Inc. (“Founders” or the “Company") (TSXV: FDR.V) is pleased to announce a drone-based airborne magnetics survey on its Elmtree Gold Project in the Bathurst Mining Camp of northeastern New Brunswick.