Founders Metals
Primary ticker: TSXV:FDR
Stage of development: Exploration
Primary minerals: Gold
Project to promote: Antino Gold Project
Project location: Suriname
Website: www.fdrmetals.com
Founders Metals (TSX.V – FDR) is a Canadian-based exploration company focused on advancing the Antino Gold project located in Suriname, South America, in the heart of the Guiana Shield. The Antino Gold project is 20,000 hectares and historically has produced over 500,000 ounces of gold excavated at surface.
Founders intends to utilize modern and scientifically proven exploration techniques and technologies to fully uncover the massive gold potential of the property.
Cash: CAD$$2.3M
Debt: NIL
Major shareholders:
Management Ownership – 30%
Financials
Management Profile
Colin Padget – President, CEO & Director
Colin has over 10 years of experience working on and managing exploration and mining projects across several North and South American jurisdictions. He holds a Bachelor’s degree in Business Administration along side a first-class Bachelors and a Masters degrees in Geology. Prior to joining Founders as CEO, he was a Senior Geologist at Benchmark Metals (TSXV:BNCH) and Thesis Gold (TSXV:TAU).
What is your rationale for taking part in 121 Mining Investment?
Looking for new investors – market support & future financing
What recent news would you like to highlight to investors attending?
24 August – Founders Metals Drills 15.5 Metres of 30.72 g/t Gold at Antino Gold Project
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Drill the existing targets
6 Months:
Analyze results & structure future program
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Sentiment towards the junior gold exploration market.
What do you think makes your company such a compelling investment?
Massive high grade drill results. Historically produced 500,000 ounces of gold at surface.
What are the top 3 key investor takeaways?
Low market cap, massive potential & highly capable geological team