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Fury Gold Mines Ltd T.FURY

Alternate Symbol(s):  FURY

Fury Gold Mines Limited is a Canada-based gold exploration company. The Company's principal business activity is the acquisition and exploration of resource projects in Canada. It owns a 100% interest in the high-grade gold Eau Claire project, which is situated on over 23,000 hectares (ha) in the Eeyou-Istchee James Bay region of Quebec. The Eau Claire project is located approximately 800 kilometers (km) north of Montreal and 350 km northwest of Chibougamau. It owns a 100% interest in the Committee Bay gold project located in Nunavut, Canada. The project includes over 250,000 ha, situated along the Committee Bay Greenstone Belt (CBGB). The CBGB comprises a number of Archean- aged greenstone belts occurring within the larger Western Churchill province of north-eastern Canada. It owns a 100% interest in the Eleonore South project. The Eleonore South project is located in the Eeyou-Istchee James Bay region of Quebec, approximately five km south of Newmont's Eleonore mine property.


TSX:FURY - Post by User

Post by hallidas1on Feb 10, 2021 8:02am
216 Views
Post# 32522531

Fury Outlines First Regional Exploration Target at Eau Clair

Fury Outlines First Regional Exploration Target at Eau ClairAdditional potential gold available in the Eau Claire region being sought....

https://stockhouse.com/news/press-releases/2021/02/10/fury-outlines-first-regional-exploration-target-at-eau-claire-summer-plans-to

TORONTO, ON / ACCESSWIRE / February 10, 2021 /Fury Gold Mines Limited (TSX:FURY)(NYSE American:FURY) ("Fury" or the "Company") is pleased to provide an update on its regional exploration plans at the Eau Claire project located in the Eeyou Istchee Territory in the James Bay region of Quebec. This summer the Company plans to explore the Percival trend, which is located 14 kilometres (km) east of the Eau Claire deposit. Percival was the site of a 2018 discovery that included drill intercepts of 78.5 metres (m) of 1.46 g/t gold (Hole ER18-822) and 87m of 2.35 g/t gold (ER18-823)[1] from surface (Figure 1). The mineralized footprint at Percival is 400m by 100m and is hosted within sulphidized and silicified breccias in a sedimentary sequence in multiple parallel stacked lenses (Figure 2). This represents a second style of mineralization at the Eau Claire project that Fury's technical team believes is largely underexplored.

"Over the past six months our technical team has identified considerable opportunities to increase ounces at Eau Claire and expand upon past discoveries throughout the land position. At Percival we have significantly advanced the detection of surface mineralization under till cover using biogeochemistry. This opens up the entire property for new target development as we plan to explore the Percival, Serendipity and North Structure trends this summer," stated Michael Henrichsen, SVP, Exploration of Fury.

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