Fury Gold Mines Updates Resource Estimates, Significantly Increases Gold Deposits

Fury Gold Mines Limited announced substantial increases in the mineral resource estimates for their Eau Claire and Percival deposits in Quebec. The Eau Claire project now holds 1.16 million ounces of gold in the Measured and Indicated categories, and 723,000 ounces in the Inferred category, marking significant growth from previous figures. The Percival deposit, newly estimated, adds 211,000 ounces of gold in the Inferred category. This progress highlights potential for future expansions and further drilling efforts.

These updates include a 36% increase in Measured and Indicated gold at Eau Claire and a 44.6% increase in Inferred gold across the sites. Tim Clark, CEO of Fury, credits the progress to three years of dedicated exploration and infrastructure improvements, such as local hydropower and roads. The company's exploration has not only extended existing deposits but also identified new targets within their property, suggesting further potential enhancements to their resource base.