GlobeNewswire·Apr 23, 2026, 6:59 AM ET

Fury Intercepts 12.50 g/t Gold over 7.02 Metres Outside the Eau Claire Block Model

Fury Gold Mines released the second batch of assay results from Phase 1 of a 13,000-metre exploration program at the Eau Claire gold project in Northern Quebec.
Phase 1 drilling completed 21 holes (approx. 12,700 m) with results received for 11,440 m across 18 full holes & partial results for a 19th.
Infill drill hole 26EC-101 intersected 12.50 g/t gold over 7.02 m, demonstrating strong grade continuity & resource growth potential outside the current block model.
Drill hole 26EC-097 intersected 3.92 g/t gold over 6.92 m, further supporting the potential for converting inferred resources.
Six holes returned significant results highlighted in Table 1, including high-grade intervals in holes 25EC-094, 25EC-096, 25EC-097, 26EC-098, 26EC-100, & 25EC-101.
Phase 2 drilling has completed 8 holes (3,390 m) & is fully financed to add 15,000 to 25,000 m of drilling through spring & summer 2026.
Phase 2 objectives focus on converting inferred resources & growing the Indicated mineral resource category by connecting existing ounces to future development scenarios.
Samples were analyzed by ALS Chemex using fire assay with atomic absorption finish & multi-element ICP methods, with QA/QC programs indicating good accuracy & precision.
CEO Tim Clark stated that drilling continues to de-risk the project & expand Eau Claire beyond the preliminary economic assessment mineable portion.