Fury Mobilizes Drill to the Serendipity Prospect at Eau Claire

Vancouver, BC / ACCESSWIRE / June 19, 2024 / Fury Gold Mines Limited (TSX:FURY)(NYSE American:FURY) ("Fury" or the "Company") announces the mobilization of a drill to the Serendipity Prospect at its Eau Claire project in Quebec. The site is defined by 10 robust geochemical targets with gold values up to 150 times the background near the Hashimoto Deformation Zone.

Historical drilling near Serendipity indicated significant gold values, including 7.9 meters of 1.23 g/t gold. However, these drillings are over 800 meters from the new targets defined by Fury. The Company plans to drill approximately 3,500 meters to test three primary targets.

CEO Tim Clark expresses optimism about the drill program and a follow-up biogeochemical survey that could identify new targets at the Éléonore South property. SVP Exploration Bryan Atkinson notes the historical drilling's intriguing results and highlights that current anomalies are twice as strong.

The Serendipity Prospect, 16 kilometers northeast of the Eau Claire Deposit, will be explored over a two-kilometer strike length. Fury's technical team aims to identify high-grade gold by targeting specific elemental associations and structural controls.