Founders Metals Inc. announced high-grade drill core assay results from the Donut target at the Antino Gold Project in Suriname including 19.0 metres of 14.23 grams per tonne (g/t) gold (Au) in drill hole 24DO07. These results demonstrate Donut's ability to deliver high-grade gold intervals alongside broader, lower grade gold intervals such as the previously reported 45.0 m of 2.16 g/t Au in hole 24DO06. With the success of these early exploration holes, Founders will begin follow-up drilling at Donut early next week.

Drilling and drill composite data associated with these results and all previous 2023/2024 drilling will be available on the Company's website on March 1st. Gold-bearing intervals in drill core at Donut comprise zones of intense silicification, sericitization, and pyritization within a variably sheared tonalitic intrusive body. Visible gold is observed locally associated with extensional-type quartz/quartz-carbonate veining.