Friday Mar 08, 2024

Drilling it Out: Why Founders is Even Better Than You Thought it Was

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Recent drill results out of Founders Upper Antino project have served to redefine the potential of it. Strong drill results have become the norm for Founders, and these last few batches of results are no different. But it is not so much what has been found, but where, that is so critical to how this story is (positively) unfolding recently. What was initially thought to be a low-grade, bulk tonnage target at Donut has revealed long runs of high-grade gold within it instead, while Froyo has been both significantly deepened and widened, and is beginning to suspiciously look like an open-pittable future deposit. These are massively positive developments on the front of scope, scale, and economics that look to bolster an already impressive project.

Time Stamps

00:02 Opening Thoughts

01:25 Recent Drill Results and Their Significance

12:12 Open Pit Mining

16:13 What Does the Market Not Understand?

19:56 Future Drilling

23:03 Short selling

25:12 Parting Thoughts and PDAC

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