Founders Metals acquires 46,360 ha in Suriname

Executive Summary

• Founders Metals Inc. has consolidated a cumulative 102,360-hectare contiguous land package in southeastern Suriname, comprising a new 36,360-hectare exploration concession and a 10,000-hectare exploitation concession.
• The company now controls the largest uninterrupted package of highly prospective greenstone belt geology in the Guiana Shield, positioning it as the largest publicly traded gold exploration company in the region by land area.
• The expansion includes the Antino property (36,360 ha) and the Okasi exploitation concession (10,000 ha), both contiguous with existing projects and sharing geology with the 1.65-million-ounce Yaou deposit in neighboring French Guiana.

Key Details

• Total Land Package: 102,360 hectares of contiguous land in southeastern Suriname.
• Antino Exploration Concession (36,360 ha):
  • Granted by the Suriname Ministry of Natural Resources (GMD No. 669/25) on January 13, 2026.
  • Held by Lawa Gold N.V., in which Founders holds a 70% interest pursuant to an option agreement with Nana Resources N.V.
  • Three-year exploration right for gold and other minerals.
  • Contiguous with and immediately adjacent to the existing Antino gold project.
• Okasi Exploitation Concession (10,000 ha):
  • Acquired via 100% ownership of Mine Rehab N.V.
  • Held by FDR Suriname Holding N.V., a wholly owned subsidiary of Founders.
  • Independent of the option agreement with Nana Resources N.V.
  • 10-year exploitation right granted by the Suriname Ministry of Natural Resources.
  • Located south of the Antino gold project.
• Geological Context:
  • The land package spans approximately 55 kilometers of greenstone-hosted gold mineralization.
  • Geology is comparable in scale to Kirkland Lake (Canada) or the Ashanti belt (Ghana).
  • Area is cut by the Central Guiana shear zone (CGSZ), a major regional structure controlling gold mineralization.
  • Historical data identifies a 2,100 m by 800 m gold anomaly adjacent to the CGSZ, which has never been drill tested.
• Exploration Activities:
  • Expanded high-resolution airborne geophysics survey and regional auger geochemical sampling to cover the entire consolidated land package.
  • Lidar and orthoimagery surveys scheduled for H1 2026.
• Near-term Potential:
  • Okasi concession is exploring potential revenue opportunities from small-scale mining.
  • Historical surface and alluvial mining in the area has produced over 500,000 ounces of gold to date.

Notable Quotes

• "These acquisitions mark a major milestone for Founders. We have effectively consolidated an entire gold district covering over 100,000 hectares of Guiana Shield greenstone geology proven to host multimillion-ounce gold deposits. From historical exploration, artisanal mining activity and our own drilling, it is clear the area is underlain by a world-class gold system. Founders is now uniquely positioned to systematically explore this entire land package while advancing our most promising targets toward resource definition." — Colin Padget, President and CEO