Duyuru • Jun 03
Fury Gold Mines Limited Reports Assay Results from Phase 1 and Phase 2 Drilling at Eau Claire Gold Project Fury Gold Mines Limited has announced the final batch of assay results from its Phase 1, 13,000-metre drill program, as well as the initial assay results from its ongoing Phase 2, 15,000–25,000-metre drill program at the Eau Claire gold project, located in the Eeyou Istchee Territory in the James Bay Region of Northern Quebec. Phase 1 drilling focused on expanding mineral resources along high-grade shoots and improving continuity within the existing resource, particularly outside the stopes identified in the preliminary economic assessment. A total of 21 drill holes, comprising of 12,700m, were completed, and all assay results have now been received. The last two holes of the Phase 1 program (26EC-102 and 26EC-103), which totals 1,330m. Phase 2 drilling is currently ongoing and aimed at converting inferred mineral resources into higher-confidence categories and expanding the indicated mineral resource. To date, 14 drill holes totalling approximately 7,100m have been completed, with assay results currently available for 720m (holes 26EC-107 and 26EC-109). The most significant result from this batch of drilling is returned from expansion drill hole 26EC 103, which tested approximately 45m down plunge of a historic intercept within the inferred portion of the Eau Claire mineral resource. The hole intersected 7.86 g/t gold over 9.43m, confirming the continuity of mineralization within the modelled zone. In addition, drill hole 26EC 102, which also targeted mineralization within an inferred portion of the Eau Claire mineral resource, returned an intercept of 13.83 g/t gold over 1.97m. Drill hole 26EC 107 was designed to test the continuity of mineralization between two areas currently classified as inferred resources and to support potential upgrading of the resource classification. The hole intersected 3.79 g/t gold over 7.25m, located approximately 50m up plunge from drill holes 26EC 099 and 26EC 096, and demonstrate continuity of the mineralized zone between these intercepts. The Phase 2 drill program at Eau Claire is advancing in accordance with design, with 14 diamond drill holes completed totalling approximately 7,100m. The objective of the program is to systematically infill and upgrade portions of the current inferred mineral resource category to the indicated category, as well as to refine the geological model and improve grade continuity within key mineralized domains. The fully funded Phase 2 campaign will continue through the summer of 2026, with ongoing assay results anticipated to support resource conversion and future economic evaluation of the Eau Claire deposit. 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. Duyuru • May 20
Fury Gold Mines Limited Advances Metallurgical Testwork Program At the Eau Claire Gold Project in Quebec Fury Gold Mines Limited had commenced additional metallurgical testwork, to advance the Company’s 100% held Eau Claire gold project further towards feasibility. Fury has engaged SGS Canada Inc. (SGS) to conduct a comprehensive metallurgical testwork program in support of Eau Claire feasibility work following on previous testwork referred to in the Project’s Preliminary Economic Assessment (PEA). The program will support feasibility and development planning for the Project, located in the Eeyou-Istchee/James Bay region of Quebec. The program, which will have an approximate duration of three months, is being carried out to better understand the characteristics of the ore, which will allow Fury the option to build a mill or have the ore toll milled. Testwork will complement the initial metallurgical program completed for the PEA, with the objective of demonstrating repeatability of performance and providing missing information that is required at the pre feasibility level. The program is expected to provide the data required to: Optimize ore processing: Determine comminution parameters (including grinding work index), evaluate grind size, and assess beneficiation flowsheets (gravity, flotation, and leaching) to maximize gold recovery. Support tailings management: Characterize tailings with respect to environmental performance, solid-liquid separation, rheology, and paste backfill suitability. Confirm environmental compliance: Conduct detailed environmental testing to support adherence to applicable regulatory requirements. Results will also provide a strong foundation for developing a complete process flowsheet supported by detailed design criteria, enabling completion of mass and water balances as well as equipment sizing required for process plant layout and design. Duyuru • May 13
Fury Gold Mines Limited Appoints Annie Blier as Senior Director, Environment and Permits Fury Gold Mines Limited announced the appointment of Annie Blier as Senior Director, Environment and Permits. Ms. Blier will lead the environmental strategy, technical studies, and permitting roadmap required to advance the Eau Claire high-grade gold project towards feasibility, while supporting proactive, respectful engagement with Indigenous Nations and local communities. With over 20 years of mining experience, Ms. Blier has managed environmental and social impact assessments, coordinated provincial and federal authorizations, and implemented environmental management systems across project life cycles—from exploration and construction through operations and closure. Her background includes leading multi-disciplinary teams, managing technical consultants, and maintaining strong working relationships with regulators and government agencies to deliver on permitting schedules and compliance commitments. Ms. Blier has held senior positions at various mining companies, including Director of Sustainable Development at IAMGOLD Corporation for 15 years, and Hecla Québec. Ms. Blier also brings deep experience in Indigenous and community relations, including supporting consultation processes, establishing stakeholder communication tools, and participating in negotiations that have led to agreements and cooperation frameworks. Her approach integrates environmental performance with meaningful engagement—helping projects identify and manage key environmental and social risks early. Ms. Blier holds a Bachelor’s degree in biochemistry and a Master’s degree in environment from Sherbrooke University, and she is a registered chemist with the Ordre des chimistes du Québec since 1995. Duyuru • Apr 21
Fury Gold Mines Limited, Annual General Meeting, Jun 25, 2026 Fury Gold Mines Limited, Annual General Meeting, Jun 25, 2026. New Risk • Apr 02
New major risk - Revenue and earnings growth Earnings have declined by 57% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 57% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CA$11m net loss in 2 years). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding). Duyuru • Mar 18
Fury Gold Mines Limited Announces Initial Results from the Phase 1 13,000-Metre Exploration Drill Program At the Eau Claire Gold Project Fury Gold Mines Limited announced initial results from the Phase 1 13,000-metre exploration drill program at the Eau Claire Gold project, located in the Eeyou Istchee Territory in the James Bay Region of Northern Quebec. Phase 1 drilling was focussed on expanding resources along high-grade shoots and adding continuity to the existing resource outside of the preliminary economic assessment identified stopes. A total of 21 holes (approximately 12,700m) has been completed, with results received for only 5,550m. Complete assay results have been received from 11 holes as well as partial results from a 12th hole. The key highlight was infill drill hole 26EC-099, which targeted an inferred portion of the Eau Claire resource and intercepted 11.74 g/t gold over 6.63 metres (m) approximately 40m down plunge from previous drilling. A second hole, 26EC-101, which is a further 40m step down plunge outside of the existing resource envelope has just been completed and results are pending. A Phase 2 Eau Claire drill campaign, focussed on converting inferred portions of the resource and extensions to the indicated resource category, is now underway. The fully financed Phase 2 program is anticipated to comprise of an additional 15,000 – 25,000m of drilling and is expected to continue through the spring and summer of 2026. 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. Valérie Doyon, P.Geo, Senior Project Geologist at Fury, is a “qualified person” within the meaning of Canadian mineral projects disclosure standards instrument 43-101 and has reviewed and approved the technical disclosures in this press release.