GlobeNewswire·Oct 21, 2025, 7:00 AM ET

Fury Commences 10,000-Metre Drill Program at Eau Claire and Provides an Update on the Kipawa Rare Earths Project

Fury Gold Mines Limited has commenced a 10,000-metre fall/winter drilling program at its Eau Claire Gold Project in Quebec, utilizing two active drill rigs.
The drilling program is based on PEA recommendations to focus on resource growth & enhancing the mine plan.
Specific drilling objectives include expanding resources along high-grade shoots, connecting the current resource outside the PEA mineable portion, & identifying additional growth opportunities.
The company provided an update on the Kipawa rare earths project, noting the establishment of a new community council with local & First Nation representation.
Kipawa is located 50 km east of Temiscamingue in southwestern Quebec, covers approximately 4,300 hectares, & holds historical reserves of 19.8 million tonnes grading 0.411% TREO.
Fury Gold Mines does not treat the historical reserve estimates for Kipawa as current mineral reserves as they have not been sufficiently reviewed by the company.
Valérie Doyon, a qualified person under NI 43-101, has reviewed & approved the technical disclosures in the press release.
Fury Gold Mines is a Canadian exploration company with operations in two mining regions & holds an 11.3 million share position in Dolly Varden Silver Corp.