Founders Metals Inc. announced the start of its 2024 drilling campaign and provides drill core assay results from the Antino Gold Project in southeastern Suriname. The Company reports a high-grade gold interval of 10.0 metres (m) of 24.61 grams per tonne (g/t) gold (Au) from resource infill/expansion-type drilling conducted in late 2023 within the Froyo Gold Zone. Founders is fully funded for an initial 2024 drill program of up to 30,000 m. Highlights: Drillhole 23FR036B intercepts 10.0 m of 24.61 g/t Au from 182 m down hole; Drillhole 23FR035 intercepts 15.0 m of 1.72 g/t Au from 164 m down hole; and Both Company-owned diamond drills are fully operational with planning underway for the addition of a third drill.

Founders' 2024 drilling program is underway, deploying its two diamond drills for an extensive 30,000- metre campaign at the Antino Gold Project. The program focuses on expansion and resource definition within the Froyo Gold Zone coupled with exploration across previously uncharted concessions areas. This strategy aims to fortify the potential future resource base at Froyo and capitalize on the project's broader untapped potential.

Initial drilling at Froyo focuses on the recently announced parallel gold zone, with drilling underway that tests this new zone further to depth and along strike. Quality Assurance and Control: Results from samples were analyzed at FILAB Suriname, a Bureau Veritas Certified Laboratory in Paramaribo, Suriname (a commercial certified laboratory under ISO 9001:2015). Samples are crushed to 75% passing 2.35 mm screen, riffle split (700 g) and pulverized to 85% passing 88 µm. Samples were analyzed using a 50 g fire assay (50 g aliquot) with an Atomic Absorption (AA) finish.

For samples that return assay values over 10.0 grams per tonne (g/t), another cut was taken from the original pulp and fire assayed with a gravimetric finish. Founders Metals inserts blanks and certified reference standards in the sample sequence for quality control. External QA-QC checks are performed at ALS Global Laboratories (Geochemistry Division) in Vancouver, Canada (an ISO/IEC 17025:2017 accredited facility).

A secure chain of custody is maintained in transporting and storing of all samples. Drill intervals with visible gold are assayed using metallic screening. Rock chip samples from outcrop/bedrock are selective by nature and may not be representative of the mineralization hosted on the project.