This morning (March 29th), Founders Metals recommenced trading on the TSX Venture exchange under the trading symbol FDR. Recently, the company successfully oversubscribed its private placement, generating over $3 million for the company. This  allowed the Founders team to close the acquisition of the Antino Gold Project in the Guiana shield in Suriname, South America.

The Antino Project is getting a lot of  attention and here’s why: 

– The over 20 thousand hectare property is adjacent to multiple >1.5 million ounce high-grade gold deposits,

– It is already fully permitted for surface exploration, drilling and gold mining,

– Over 32,000 m of historical drilling has occurred and Founders has compiled all of the data into a new database,

– The property boasts high-grade gold mineralization from surface,

– Over 500,000 oz of gold has been recovered from surface over the past several decades by local miners , 

– Suriname is a pro-mining jurisdiction and has favourable tax and mining laws.

Historical Drilling Highlights

• 62.00 m @ 9.59 g/t Au at Upper Antino (UA003)

• 9.64 m @ 33.25 g/t Au at Upper Antino (UA004)
• 10.00 m @ 8.53 g/t Au at Buese (ADH010)
• 9.00 m @ 5.40 g/t Au at Buese (ADH011)
• 15.00 m @ 6.10 g/t Au at Buese (ARC128)
• 4.50 m @ 8.71 g/t Au at T1A (ADH075)
• 4.00 m @ 35.71 g/t Au at Upper Antino (UA008)
• 8.00 m @ 11.57 g/t Au at Upper Antino (UA002)Metals Resumes Trading!

To learn more about Founders Metals, please click HERE.

The Howard Group (HG) is not a registered investment advisor and as such, individuals should consult a registered investment advisor prior to making any investment decisions. The information presented was obtained from sources believed to be reliable but is not guaranteed, is not all conclusive and should not be relied upon as the sole source of information/opinion for making an investment decision. The Howard Group receives remuneration for Capital Market Communication activities and HG or its employees may own securities in client companies.