Gold Mining Company Fury Gold Mines Expands Mineralization by 115 Meters to the West

Fury Gold Mines has announced a significant westward extension of gold mineralization at its Percival property, strategically located east of the Eau Claire gold deposit in Quebec, Canada. Core drilling from the past year has revealed a noteworthy extension of 115 meters, significantly enlarging the mineralized areas. Among the final drilling results, drill hole 23KP-016 stands out, featuring a gold grade of 0.88 grams per tonne (g/t Au) over 15 meters, including a high-grade interval of 3 meters at 2.81 g/t Au. This discovery marks the westernmost drilled position in Percival's main zone. The distribution of gold appears to continue to unfold in all directions, suggesting considerable potential for additional finds. Another drill hole, known as 23KP-014, is designed to assess the western continuity of the main mineralization, with solid findings of 18 meters at 0.50 g/t Au. The exploration strategy for 2024 promises to remain ambitious, with plans to extend the identified mineralization eastward along the Percival trend to the Serendipity sector. Here, biogeochemical infill samples have now identified 10 main targets presenting highly prospective gold values that correlate strongly with other significant structural features. Through the insights gained last year, the company has generated a depth of knowledge that has significantly improved the understanding of the structural and geological controls on gold mineralization, enabling more precise targeting for upcoming drilling activities. The company's experts anticipate an accelerated advancement of resource expansion and are confident that Fury Gold Mines will maintain and further strengthen its exploratory expertise. Initial points raised for updating the mineral resource estimate of Eau Claire and presenting the exploration plan for 2024 could be interpreted as indicators of a progressive and dynamic phase of the company.