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Fury Reports Intercept of 7.0 g/t Gold over 21.0 Metres at Eau Claire and Mobilizes Third Drill Rig

FURY
  • Fury Gold Mines Limited announced the second batch of assay results from its Phase 2 drill program at the Eau Claire gold project in Northern Quebec.
  • The batch includes 8 holes totaling 5,064 metres, with a third diamond drill rig mobilized to the site to maintain program pace.
  • Drill hole 26EC-115 returned the company's best-ever intercept at the project: 7.01 g/t gold over 21.0 metres, including 10.27 g/t gold over 11.0 metres.
  • Hole 26EC-115 tested an inferred resource portion approximately 52 metres down strike of hole 26EC-102, confirming the continuity of a high-grade shoot.
  • Drill hole 26EC-110 intersected multiple intervals including 5.68 g/t gold over 2.97 metres & 2.53 g/t gold over 4.95 metres.
  • Holes 26EC-104, 26EC-105, & 26EC-113 returned lower-grade intercepts in Zone 450, supporting mineralization continuity across the zone.
  • Three holes drilled in the hinge area (26EC-111, 26EC-112, 26EC-114) returned gold mineralization, with 26EC-111 yielding 20.60 g/t gold over 0.85 metres.
  • Phase 2 drilling has completed 23 holes totaling approximately 11,650 metres, with assay results available for 8 holes representing roughly 17% of the program.
  • The addition of the third rig allows for follow-up testing on significant zones & expansion drilling while advancing the prefeasibility study.
  • The company plans to test for extensions of the high-grade shoot in hole 26EC-115 both up-plunge & down-plunge.
  • Sampling was performed by sawing HQ core halves sent to ALS Chemex in Val D'or, Quebec, for analysis using fire assay & atomic absorption finish.
  • Valérie Doyon, P.Geo, Senior Project Geologist, reviewed & approved the technical disclosures in compliance with NI 43-101 standards.