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Founders Metals Inc.: A 102,360-Hectare Gold District in Suriname, Now 100% Owned and Backed by Gold Fields

Maker Capital Research2026-10-2310 min read
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Gold Exploration TSXV: FDR | OTCQX: FDMIF | FSE: 9DL0

Land package
102,360 ha
Contiguous, Antino (Oct 7, 2026)
Antino ownership
100%
Royalty-free (Sep 17, 2026)
Gold Fields stake
19.9%
28,636,729 shares (Sep 17, 2026)
Drill program
70,000 m
Fully funded, per Company (Jul 15, 2026)

Three things to know

  1. Founders Metals closed the purchase of the remaining 30% of Lawa Gold N.V. from Nana Resources on September 17, 2026, giving it a 100%, royalty-free interest in the 102,360-hectare Antino Gold Project in Suriname.
  2. Gold Fields subscribed for 14,146,850 shares at C$5.44 for C$76,958,864, closed September 17, 2026, taking its holding to 28,636,729 shares, about 19.9% non-diluted, after a first $50,000,000 investment in November 2025.
  3. No mineral resource estimate for Antino is disclosed in the Company releases reviewed. The Company reported 54.0 m of 8.45 g/t gold in hole FR256 on October 7, 2026 and plans step-out drilling on both Froyo structures for the remainder of 2026.

Company Profile

Founders Metals Inc. (TSXV: FDR | OTCQX: FDMIF | FSE: 9DL0) is a Canadian-based gold explorer focused on the Antino Gold Project in southeastern Suriname, in the Guiana Shield. The Company controls a 102,360-hectare contiguous land package at Antino. It describes the project as the "largest uninterrupted package of highly prospective greenstone belt geology in the Guiana Shield" (news release, October 7, 2026).

The Company earned into Antino under an amended and restated option agreement with Nana Resources N.V. and Lawa Gold N.V. dated August 27, 2024. On May 19, 2026 it reported that the earn-in period had ended and that it held a 70% interest in Antino through its equity interest in Lawa Gold. On September 17, 2026, the Company closed the purchase of the remaining 30% of Lawa Gold from Nana. Founders now holds a 100%, royalty-free interest in Antino.

Antino is at the exploration stage. The Company releases reviewed for this report do not disclose a mineral resource estimate for the project. In its July 15, 2026 update, the Company described a "fully funded 70,000-metre drill program" at Antino.

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