#cryptocurrency #goldmining #Suriname #AntinoGoldProject #FoundersMetals #highgrade #investment #exploration
Founders Metals Inc. (TSXV: FDR) recently made a significant announcement regarding the ongoing 2024 drill program at the Antino Gold Project, located in the vibrant, mineral-rich region of southeastern Suriname. The highlight of their update was the impressive assay results from drill hole 24GG04 in the northwestern sector of the Froyo target area, which showcased a remarkable gold intercept that stands as a testament to the high-grade, near-surface gold mineralization that the Froyo area harbors.
CEO Colin Padget expressed excitement over the results, emphasizing their importance as some of the highest-quality findings at Antino to date. The new results not only highlight the area’s potential but also introduce a refined approach to gold concentration analysis. Founders Metals has ventured into metallic screening, enhancing the accuracy of gold content measurement, especially in samples with coarse or nugget gold, which traditional fire assay methods might undersell.
Drill hole 24GG04 revealed a substantial 38.0 meters grading at 10.90 grams per tonne (g/t) of gold (Au), making it one of Antino’s most significant intercepts to date, with a grade-thickness product exceeding 410 gram-metres per tonne (gm/t). This discovery is backed by an extensive exploration and drilling initiative aimed at further demarcating the scope and grade of gold mineralization within the Antino Project’s expansive area. Founders Metals is fervently working on this fully-funded drill program, focusing particularly on the promising Froyo target zone, where previous drills have encountered significant gold mineralization.
The strategic location of the Antino Gold Project in Suriname, a country heralded for its untapped gold mining potential, further elevates the project’s importance. Over recent years, Suriname’s favorable geology and relatively underexplored terrains have attracted heightened attention from the global mining community, positioning Founders Metals at the forefront of an exciting exploration venture.
As the 2024 drilling campaign progresses, the mining community eagerly awaits further updates and assay results from Founders Metals. The recent high-grade gold intercept from drill hole 24GG04 underscores the project’s vast potential for significant gold deposits, potentially catalyzing further exploration and investment in Suriname’s burgeoning gold mining sector.
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