Founders Metals Inc

FDR

Founders Metals Inc. engages in the acquisition, exploration, and development of gold properties in Canada. It holds interests in the Elmtree gold project that includes 49 contiguous mineral claims covering an area of 1,063,326 hectares located in New Brunswick; and the Antino gold project covering an area of 23,800 hectares located in southeastern Suriname. The company is headquartered in Vancouver, Canada.

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Analysis

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Financials

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Information

Key Information

Legal Entity

Founders Metals Inc

Sector

Precious Metal

Founded

March 3, 2021

Reporting Currency

CAD

Website

fdrmetals.com

Headquarters Address

1111 West Hastings Street , Vancouver , BC V6E 2J3 , CA

Identifiers

ISIN

CA3505901056

Commodity Portfolio

AU Gold Primary

Stock Exchanges

FDR TSXV • CAD

FDR:CVE

FDMIF OTC • USD

FDMIF:OTCMKTS

Organization

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Management team and industry partnerships.

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Videos

Founders Metals - 100% Antino Ownership, Gold Fields Investment, High-Grade Drill Results

The KE Report

about 2 months ago

Key Highlights

detailed

Consolidated 100% ownership of the over 100,000-hectare Antino gold project royalty-free, announced August 19, 2026 — described by the guest as a major structural milestone
70,000-meter drill program ongoing with four company-owned rigs currently turning; the guest expects a potential fifth rig to be added moving into fall 2026
Upper Antino returned high-grade extension results including 28m of over 14 g/t gold, 18m of 6 g/t and 10m of 6 g/t, proving out mineralization below the prior 250m drilling envelope
New 2026 discoveries at Antino North (initial hole 24m of 2.8 g/t across three structures) and Antino Northeast within the 36,000-hectare concession, with scale compared to Oka West
Three parallel NW-to-SE mineralized trends emerging as a 'string of pearls' of deposits across the Antino land package, with the guest suggesting potential ranging from half a million to seven million ounces

Founders Metals hit 28 meters of 14 g/t gold in a step-out hole at Upper Antino, signaling open-pit mineralization extends below 250 meters depth. The company consolidated 100% royalty-free ownership of the Antino Gold Project, while Gold Fields raised its strategic stake to 19.9%. Three parallel NW-SE structural trends host a string of pearls of targets including Upper Antino, Antino West, Maria Geralda, and DaVinci. Property-wide auger drilling and deep-auger pre-screening identified Antino North, Antino Northeast, and new shear-zone targets across the 100,000-hectare land package. Four drill rigs are turning with a potential fifth rig coming in fall, advancing both greenfield exploration and step-out drilling on known deposits.

Live Q&A with Rick Rule and Steve Barton

Rule Investment Media

2 months ago

Key Highlights

detailed

Rule calls having two majors (B2Gold and Gold Fields) as shareholders of an exploration-stage company 'excellent' for shareholders
He outlines three benefits: (1) 'adult supervision' plus free technical expertise lent from the majors, (2) tighter effective float making shares more volatile both ways, and (3) competitive auction tension if a discovery is made rather than a one-bidder process
Rule notes exploration in Suriname is unusually expensive — helicopter-supported, tropical rainfall environment — implying ongoing capital needs
He does not own Founders but has high regard for the people at both B2 and Gold Fields

Rick Rule frames currency debasement and a structural copper deficit as multi-year themes, and treats the uranium pullback as a buying window rather than a topping signal. Two majors as shareholders of a junior like Founders Metals create real auction tension if a discovery is made, plus adult supervision and a tighter effective float. Rule sizes lithium as a processing-bottleneck story, not a raw-material shortage, and flags direct lithium extraction from oil and gas brines as the long-term threat to hard-rock producers. Abitibi 'orphan' deposits such as Emperor Metals can now monetize via nearby mills, removing the capex bar that once left them undeveloped in past cycles. Rule is constructive on Cameco, Origin Royalties, Alamos, Emperor, B2Gold, and Cheniere; he is cautious on lithium juniors and explicitly refuses to time the uranium market.

Founders Metals - Exploration Update: 70,000 Meters Underway, Key Target Updates

The KE Report

4 months ago

Founders Metals is running a 70,000-meter drill program with four active rigs at its Antino Gold Project in Suriname, targeting district-scale resource expansion. Deep auger drilling at the Maria Geralda target is redefining the geological model and opening high-grade gold potential at depth, with diamond drilling planned to follow up. The company expanded its land package to roughly 1,000 square kilometers, using regional geophysics to identify new drill targets across the underexplored district.

Founders Metals - High-Grade Discovery At Antino North, 70,000 Meter Program Advancing

The KE Report

6 months ago

Founders Metals reports a high-grade discovery at Antino North with 17.31 g/t gold over 3.6 meters from surface, validating the exploration potential of this new target area. The company is executing an aggressive 70,000-meter drill program for 2026 using two active rigs to test a 5km-scale auger anomaly and 12 gold-bearing structures. Recent drilling at Lower Antino intersected 65.9m of 1.16 g/t gold, with ongoing strategy to connect this mineralization with the Upper Antino system.

Colin Padget of Founders Metals Inc. talks to Eric Coffin after the Jan. 2026 Metals Investor Forum

Metals Investor Forum

8 months ago

Founders Metals CEO Colin Padget discusses the Antino Gold Project in Suriname, highlighting its district-scale potential within the prolific Guiana Shield. The company's strategy combines near-term resource growth with long-term discovery upside to drive meaningful shareholder value for investors. The interview took place at the Metals Investor Forum in Vancouver, emphasizing the importance of management quality for junior mining success.

Founders Metals - Antino Project: Expanding Gold Mineralization & The Project To 100,000 Hectares

The KE Report

8 months ago

Key Highlights

detailed

The CEO lays out a two-track 2026 plan: advance Upper and Lower Antino via expansion drilling plus infill, metallurgical, and geotechnical studies, while aggressively drill-testing the highest-priority greenfield targets — funded by ~$55M cash and a targeted $35-37M exploration budget (~$2.5-3M monthly burn).
Lower Antino's headline drill result is 90m of 1.02 g/t Au with a 1m interval of 28+ g/t; drilling has defined ~1.9 km of strike across multiple intrusion-hosted shear zones with mineralization from surface, which the CEO frames as low-strip, bulk-tonnage potential alongside Upper Antino.
The Antino project has been expanded to ~100,000 hectares via a 36,000-hectare government application to the south plus additional ground west/northwest; ownership is split between a 70-75% option agreement with the Nanoresources family and a 100%-owned 10,000-hectare 10-year exploitation concession to the far south.
The CEO argues the combined land package hosts 'north of 10+ million ounce potential,' pointing to a 5 km auger anomaly in the northern property (the largest single gold-in-auger anomaly on the ground) and several northwest-trending shear zones with 70+ g/t grab samples as the next drill targets, with first rigs planned there for March 2026.
Upper Antino remains the #1 priority — drilling is up to hole 48 across ~2 km of strike in three 350-400m-wide zones, still open in all directions, with the 2026 program including a 1,000 sq km airborne geophysics survey and broad auger sampling to feed a multi-target pipeline beyond Antino itself.

High-grade 'kicks' within Lower Antino's broad 90-meter intercept at 1.02 g/t gold signal a bulk-tonnage target with significant room to grow. Antino's expansion to 100,000 hectares consolidates an entire Suriname greenstone belt (ancient volcanic rock that hosts large gold systems), giving Founders Metals district-scale optionality. A $55 million treasury and $35–$37 million 2026 exploration budget let Founders Metals drill aggressively across the expanded district. Founders ranks Upper Antino first for resource work, then Lower Antino, then a 5 km northern auger anomaly (a soil-sampling target) — the property's largest.

Colin Padget of Founders Metals Inc. presents at Metals Investor Forum in Vancouver | January 2026

Metals Investor Forum

9 months ago

Colin Padget, CEO of Founders Metals, presents company updates at the Metals Investor Forum in Vancouver, January 2026. Founders Metals trades on TSX-V under FDR, OTCQX under FDMIF, and Frankfurt exchange under 9DL0. Forum provides investors direct access to vetted junior mining management teams with strong financials and properties.

Articles

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Founders Metals Lays Out 2026 Antino Plan: $35M Spend, 100,000 Hectares, Two Open Anchor Zones

Founders Metals plans to spend $35–37M in 2026 on its now roughly 100,000-hectare Antino gold project in Suriname, balancing expansion and infill drilling at two open anchor zones with first-pass drill testing of regional targets including a 5 km northern auger anomaly scheduled for March.

8 months ago

Founders Metals - Antino Project: Expanding Gold Mineralization & The Project To 100,000 Hectares

Read article

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