Founders Metals (FDR) investor relations material

Project and strategic position

• Antino is a 100%-owned, royalty-free gold project in southeastern Suriname, spanning 102,000 hectares; only 2% of the property has been drill tested.

• The project has 11 discoveries, including three on ground acquired within the last calendar year; several zones are kilometers apart, supporting a multi-deposit district-scale exploration thesis.

• Gold Fields invested CAD 77 million, bringing its interest to 19.9% and consolidating 100% ownership of the asset; the agreement caps its interest at 19.9%, allows competing bids, and provides a board seat.

• Gold Fields provides technical support, including site visits and exploration-data review; the presenter described its investment as a strong vote of confidence in the asset.

Exploration results and targets

• Upper Antino spans 2.5 km along strike and is drilled to ~450 m; the Froyo Zone returned 54 m of 8.45 g/t gold and 28 m of 14.27 g/t, with mineralization open in all directions.

• Upper Antino West, discovered in June, returned 27 m of 20 g/t gold in August, 1.2 km west of the main Upper Antino Zone; the area between the zones remains largely untested.

• Lower Antino has ~25,000 m drilled, broad intervals including 90 m of 1 g/t and 81 m of 1 g/t, plus a 6 m interval of 13 g/t; it is viewed as a potential bulk-tonnage companion to Upper Antino.

• Newer targets include Antino North, with 24.6 m of 2.8 g/t, and Antino Northeast, with a first hole of 58.5 m of 1 g/t and 1.2 km of drill-confirmed strike.

• Maria Geralda returned 22.5 m of 12 g/t in an early hole; a 74-hole deep-auger program informed follow-up targeting, and a drill moved to the zone for further testing. Da Vinci and Van Gogh are also planned for follow-up.

Exploration plans and catalysts

• A fully funded 70,000 m drill program is underway at a stated cost of $200/m; drilling is split roughly 50/50 between advanced targets and emerging targets or newly identified areas.

• Drilling will continue to expand Upper and Lower Antino along strike and at depth, while testing emerging targets including Northeast and Maria Geralda; further results are expected from active drilling.

• Property-wide auger sampling, a 2026 initiative, had covered 35% of the land package and collected over 10,000 samples; an 8 km gold trend on newly acquired ground has never been drilled.

• Follow-up work is planned for auger anomalies and recent discoveries; the presenter also cited potential for further land consolidation, including a prospective area near the French Guiana border.

• No initial resource is expected in the near future; the stated exploration thesis is that resources may grow through continued discoveries and drilling at depth.