Founders Metals Inc. announced drill core assay results from its fully-funded 2024 drill program at the Antino Gold Project in southeastern Suriname. The Company reports 45.0 metres (m) of 2.16 grams per tonne (g/t) gold (Au) in drill hole 24DO06 and confirms over 250 m of strike in a discovery at the Donut target. Donut is located ~800 m east of the Froyo Gold Zone where drilling continues to deliver strong results, with hole 24FR51 returning 10.0 m of 4.73 g/t Au and 24FR50 returning 8.0 m of 8.43 g/t Au in a major 90 m down-dip extension to 250 m vertical depth.

Highlights. New Discovery: Intrusion-hosted gold at the Donut Target Hole 24DO06 intercepts 45.0* m of 2.16 g/t Au. Current strike extent of over 250 m and remains open.

Over 800 m east of the FroyO Gold Zone. Gold mineralization at the Froyo Gold Zone occurs as high-grade, shear-hosted gold mineralization associated with pyrite and pyrrhotite in quartz and quartz-carbonate veins. These often metre-scale veins occur within 5-30 m wide mylonitic shears that comprise a broader shear zone.

Gold mineralization at the Froyo Gold Zone occurs as low-grade, shear- hosted gold mineralization associated with Pyrite and pyrr hotite in quartz and quartz- carbonate veins. These often metre the scale veins occur within 5- 30 m wide mylonitic shear zone. Intervals are core length and estimated to represent 85% or more of true width based on current drill data.

continuity of gold mineralization along a minimum of 1.2 km. The Cupcake Target has seen limited historical drilling; with historical auger samples up to 88.94 g/t Au, it remains a compelling drill target.