Fury Gold Mines Reports Positive Results from Infill Drill Holes at Eau Claire Gold Project

Fury Gold Mines Limited, a Canadian exploration company, has announced encouraging results from two additional infill core drill holes at the Hinge Target within the Eau Claire gold project in Quebec. The ongoing drill program aims to tighten the spacing of the 2022 Hinge Target drilling to enhance the understanding of the mineralized system.

The drill holes, numbered 23EC-065 and 23EC-068, have intersected two corridors of stacked gold-bearing quartz tourmaline veins and alteration. Notable intercepts include 3.5 meters of 5.73 grams per tonne (g/t) gold and 11.27 g/t Tellurium, as well as 7.43 g/t gold over 2.5 meters within a broader interval of 4.65 g/t gold and 8.72 g/t Tellurium. These results highlight the significance of the Hinge Target in expanding the Eau Claire Deposit to the west.

In addition to gold, the Eau Claire Deposit is rich in Tellurium, a critical and strategic mineral used in various industries such as stainless steel manufacturing, batteries, and solar panels. This further enhances the economic potential of the project.

Fury Gold Mines CEO, Tim Clark, expressed satisfaction with the results and highlighted the company’s strong position in the junior exploration sector. With substantial cash reserves, an equity stake in Dolly Varden Silver, and potential for both discovery and resource development, Fury is well-positioned for future growth.

Bryan Atkinson, SVP of Exploration at Fury, emphasized the remarkable continuity of the gold-bearing veins within the Hinge Target. The ongoing exploration program aims to demonstrate confidence in the mineralized vein corridors by tightening the drill spacing to 60-80 meters.

Fury Gold Mines is committed to upholding industry standards for corporate governance, environmental stewardship, community engagement, and sustainable mining practices. The company’s management team and board of directors have a proven track record in financing and advancing exploration assets.

For more information about Fury Gold Mines Limited and its projects, visit their website at www.furygoldmines.com.