Morning briefing — free market intel before the open

FOUNDERS METALS INC (FDR)

Au intercept — ANE002 at Antino Northeast

Announced 2026-07-15

Company
FOUNDERS METALS INC
Ticker
FDR
Property
Antino Northeast
Metal
Au
Hole ID
ANE002
Interval
217–221 m
Width
4 m
Grade
1.28 g/t
Gram-metres
5.12 g·m
Value per tonne (live spot)
$166.06
Precious-metal value (nugget)
$166 (100% of value)
Residual value (net, est.)
$109

Value per tonne is the gross in-situ rock value at today's spot prices, before recovery, mining, processing, royalties, or metallurgy — recomputed live on every page load. The nugget is the share of that value from precious metals (gold, silver, platinum, palladium, rhodium). Residual value estimates the net realizable value after recovery and operating cost — it assumes 90% recovery for precious metals, 85% for base metals, and $40/t operating cost; model your own assumptions in the calculator. Informational only; read the original NI 43-101 or JORC filing before drawing conclusions.

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