Founders Metals
TSX.V:FDR | OTCQX:FDMIF | FSE: 9DL0
Founders Metals is a Canadian-based exploration company focused on advancing the Antino Gold Project located in Suriname, South America, in the heart of the Guiana Shield.
Antino is 20,000 hectares and has produced over 500,000 ounces of gold from surface and alluvial mining to date1. The Company drilled 10,000 metres in 2023 and is fully financed for drilling in 2024.
INVESTMENT CONSIDERATIONS ANTINO GOLD PROJECT EXPANDING ON DISCOVERY
- 20,000 hectare land package fully permitted for exploration drilling and exploitation
- Excellent access and infrastructure with barge access and airstrip on site
- 32,000 m of historic drilling and 500,000+ oz Au reported from historical artisanal gold mining
- Capital efficient exploration with year around drilling at an all-in cost of $180/oz
- Pro-mining jurisdiction with favourable tax and mining laws
- Fully financed for 2024 with recent C$10M raise
Capital Structure
NOV 2023
Shares Outstanding: 71,200,000
Warrants: 8,000,000
