Fury Gold Mines Limited Extends Percival Mineralization in Quebec

Fury Gold Mines Limited announced the results from its 2023 core drill holes in the Percival Prospect, revealing an extension of mineralization. Located in Eeyou Istchee Territory, Quebec, the drilling aimed to explore areas around the high-grade Eau Claire gold deposit. Notably, drill hole 23KP-016 expanded the known mineralization 115 meters to the west with significant gold intercepts. This hole, along with others, broadens the understanding of the mineralization's footprint within the region.

The exploration also tested areas to the east of Percival Main, but these did not yield promising results and no further work is planned in these zones. Moving forward, Fury plans to further investigate the Percival Trend towards Serendipity, identifying 10 robust targets for exploration in 2024. This reflects the company's systematic approach to exploration, relying on biogeochemical sampling and a thorough structural interpretation to refine targets.

Tim Clark, CEO of Fury, expressed satisfaction with the company's progress in expanding the Eau Claire Resource and its pipeline for new discoveries. Looking ahead, Fury anticipates sharing a mineral resource update for Eau Claire and a detailed exploration plan for 2024. The recent exploration enhances the understanding of the geological controls of gold mineralization at Percival, laying groundwork for future exploration efforts along the Percival to Serendipity trend.