Announcement • Jul 27
Fury Gold Mines Limited Resumes Operations At Eau Claire After Temporary Suspension Due to Wildfire Fury Gold Mines Limited had resumed exploration and drilling activities at Eau Claire, located in the Eeyou Istchee Territory in the James Bay region of Northern Quebec, following a precautionary suspension due to a nearby wildfire. All personnel have safely returned to site, and the Company has resumed field activities following confirmation that conditions are suitable for a safe return to operations. The Company continues to monitor the situation and remains in communication with local authorities. This temporary suspension did not result in any material impact on its previously disclosed Phase 2 drill program at Eau Claire. Announcement • Jul 16
Fury Gold Mines Limited Temporarily Halts Exploration Activities At Eau Claire Camp Due to Nearby Wildfire Fury Gold Mines Limited announced that, as a precautionary measure, it has evacuated all personnel from its Eau Claire camp, located in the Eeyou Istchee Territory in the James Bay region of Northern Quebec, due to a forest fire burning in the vicinity of the site. The evacuation was carried out in coordination with local authorities and the Company's emergency response protocols. All employees and contractors have been safely evacuated from the camp, and no injuries have been reported. Exploration and drilling activities at Eau Claire have been temporarily suspended while the situation is assessed. The Company is closely monitoring the situation in collaboration with local and provincial fire authorities and will provide further updates as more information becomes available, including with respect to the timing of a return to site and any resulting impact on the Company's exploration program at Eau Claire. The Company does not currently expect this precautionary suspension to have a material impact on its previously disclosed Phase 2 drill program at Eau Claire, but will provide a further update once activities resume and the extent of any delay can be assessed. Announcement • Jul 13
Fury Gold Mines Limited Reports Intercept of 7.0 G/T Gold over 21.0 Metres At Eau Claire and Mobilizes Third Drill Rig Fury Gold Mines Limited announced the second batch of assay results (8 holes, 5,064 metres (m)) from its ongoing Phase 2 (15,000–25,000-metre) drill program at the Eau Claire gold project, and that it has mobilized a third diamond drill rig to the site. The most significant result from this batch of drilling is conversion drill hole 26EC-115, which tested an inferred portion of the mineral resource approximately 52 m down strike of drill hole 26EC-102 and 32 metres west of hole 23EC-110. The hole intersected 7.01 g/t gold over 21.0 m, including 10.27 g/t gold over 11.0 m, confirming the continuity of the high-grade shoot within the modelled zone. No other intercept of comparable true thickness has returned as high a grade at Eau Claire to date, highlighting both the scale and quality of mineralization encountered in this hole. In addition, drill hole 26EC-110, which also targeted mineralization within an inferred portion of the Eau Claire mineral resource, returned multiple intercepts along its length, including 5.68 g/t gold over 2.97 m and 2.53 g/t gold over 4.95 m. Drill holes 26EC-104, 26EC-105 and 26EC-113 returned a series of lower-grade intercepts within Zone 450, including 6.81 g/t gold over 0.98 m and 5.00 g/t gold over 1.96 m in 26EC-104, 5.07 g/t gold over 0.98 m in 26EC-105, and 7.31 g/t gold over 0.97 m in 26EC-113, further supporting the continuity of mineralization across the zone. Four holes were drilled in the hinge area, with assay results currently available for three of those holes. Drill hole 26EC-111 intersected 20.60 g/t gold over 0.85 m, with drill holes 26EC-112 and 26EC-114 also returning gold mineralization. Phase 2 drilling is aimed at converting inferred mineral resources into higher-confidence categories and expanding the indicated mineral resource. To date, 23 drill holes totalling approximately 11,650 m have been completed, of which three holes were abandoned. Assay results are currently available for 8 holes totalling 5,064 m, with partial assay results available for one additional hole, representing approximately 17% of that hole. With the addition of the third rig, Fury now has three drills active at Eau Claire, all operating within the same sector being tested under the Phase 2 program. The additional capacity will allow the Company to return to and further test certain zones that have already yielded significant drill results, while continuing to advance resource conversion and expansion drilling elsewhere within the modelled deposit. The company also plan to test for extensions of the high-grade shoot intersected in the hole 26EC-115, both up-plunge and down-plunge. Analytical samples for the Drill Program were taken by sawing HQ diameter core into equal halves on site with one half sent to ALS Chemex in Val D’or, Quebec, Canada for preparation and analysis. All samples were assayed using a 50 g nominal weight fire with assay atomic absorption finish (Au-AA24) and multi-element four acid digest ICP-AES/ICP-MS method (ME-MS61). Where Au-AA24 results were greater than 10 ppm by Au-AA24 were re-assayed with 50 g nominal weight fire assay with gravimetric finish (Au-GRA22). QA/QC programs using internal standard samples and blanks, field and lab duplicates, and lab standards and blanks indicate good overall accuracy and precision.