Founders Metals Inc. is pleased to announce that it has signed a letter agreement dated October 19, 2022 between FDR and Orea Mining Corp. to acquire from Orea, its option to acquire up to 75% of the Antino Gold Project in Suriname by acquisition from Nana Resources N.V. of up to 75% of the shares in the capital of Lawa Gold N.V. which is the [...]
Orea Mining Corp. is pleased to announce that it has signed a binding letter agreement with Founders Metals Inc. to assign Orea's option to earn up to 75% of the Antino Gold Project in Suriname . Orea estimates it spent less than $200,000 on the project. Under the Letter Agreement, FMI will be assigned all of Orea's rights and obligations pursuant [...]
Founders Metals Inc. is pleased to announce that it has changed its auditors from Dale Matheson Carr-Hilton Labonte to MS Partners LLP effective July 25, 2022 . At the request of the Company, the Former Auditor resigned as auditor of the Company effective the Effective Date and the Board of Directors of the Company appointed the Successor Auditor [...]
Founders Metals Inc. is pleased to confirm that further to its news releases dated January 13, 2022 and December 30, 2021, it completed yesterday the filing of its audited annual financial statements, accompanying management discussion and analysis and related CEO and CFO certifications for the year ended August 31, 2021 under its profile on SEDAR [...]
Founders Metals Inc. provides this bi-weekly default status report in accordance with National Policy 12-203 - Cease Trade Orders for Continuous Disclosure Defaults . As previously stated in the Company's press release dated December 30, 2021, the Company will be delayed in the filing of its audited annual financial statements, accompanying [...]
Founders Metals Inc. announced today that it will not be in a position to file its audited annual financial statements, management's discussion and analysis and related certifications for the fiscal year ended August 31, 2021 on or before the filing deadline of December 29, 2021, as the Company's auditors are unable to complete the Annual [...]
Founders Metals Inc. 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. The 2021 Drilling and exploration program focused on confirming and expanding historical gold mineralization at the Elmtree Gold Project. The Company drilled 2,311 m [...]
Founders Metals Inc. is pleased to provide details on the 2021 drill program at the Elmtree Gold in northeastern New Brunswick. Drilling started October 6, 2021, focusing on infill and expanding the West Gabbro, South Gold, and Discovery Zones. Following this work, first-pass exploration drilling is planned to test several new targets identified [...]
Founders Metals Inc. 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 [...]
Founders Metals Inc. 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 [...]
Founders Metals Inc. 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 . 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 [...]
Founders Metals Inc. 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 Global's Ionic Leach technique to assist in better identifying mineralization and associated alteration through thin, locally clay-rich, glacial [...]
