Northwire Canada EditionTuesday, November 10, 2026
Northwire
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Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0% Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0%
Drill Results

Founders added to GDXJ index, starts drilling at Antino

FDR · Price

Executive Summary

  • Founders Metals Inc. has been added to the MVIS Global Junior Gold Miners Index (MVGDXJ), triggering passive buying from index-tracking ETFs.
  • The company has commenced maiden diamond drilling at Antino North on its Antino gold project in Suriname, with a second rig being mobilized to the area.
  • Previous surface work at Antino North identified 10 parallel gold-bearing structures, with channel sampling returning significant high-grade intervals.

Key Details

  • Index Inclusion: Added to the MVIS Global Junior Gold Miners Index (MVGDXJ) during the Q1 2026 quarterly review.
  • Drilling Commencement: First diamond drill rig is currently active at Antino North.
  • Second Rig: A second diamond drill rig is being mobilized to test a multikilometre historical auger gold anomaly in the east of Antino North.
  • Surface Results: Channel sampling at Antino North returned 20.0 metres of 2.07 grams per tonne Au (Au), including 7.0 metres of 5.05 g/t Au.
  • Exploration Scope: Fieldwork has delineated 10 parallel gold-bearing structures across a four-kilometre area.
  • Auger Sampling: Over 4,000 auger samples have been collected to date in 2026.
  • Project Context: Antino North is viewed as having the potential to become a second centre of gravity within the company's expanding gold camp in the Guiana Shield.

Notable Quotes

  • "Our inclusion in the GDXJ index is a meaningful milestone for Founders and reflects the market's growing recognition of what we are building in the Guiana Shield and brings new passive and institutional capital into the stock." — Colin Padget, President and CEO
  • "On the ground, we are equally excited to be now drilling at Antino North... We see Antino North as having the potential to become a second centre of gravity within our expanding gold camp." — Colin Padget, President and CEO
Read the original news release →

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