from Fury Gold Mines Limited (isin : CA36117T1003)
Fury Intercepts 31.77 g/t gold and 8.07 g/t Tellurium over 3.5 metres at the Hinge Target
VANCOUVER, BC / ACCESSWIRE / January 17, 2024 / Fury Gold Mines Limited (TSX:FURY)(NYSE American:FURY) ("Fury" or the "Company") is pleased to provide the fourth set of results from the 2023 drilling program at the Hinge Target, part of the high-grade Eau Claire gold project located in the Eeyou Istchee Territory in the James Bay region of Quebec. The Hinge Target continues to produce multiple stacked zones of gold-mineralized quartz tourmaline veins. Highlights from the seven drill holes include 31.77g/t gold over 3.50 metres(m) from 23EC-077; 65.30g/t gold over 0.50m and 14.25 g/t gold over 1.00m from 23EC-074; 2.56g/t gold over 7.50m from 23EC-068; and 3.41g/t gold over 6.50m and 5.00g/t gold over 3.50m from 23EC-075 (Table 1; Figure 1). The 2023 Hinge Target drilling has increased confidence in the geological model and potential for expansion of the Eau Claire resource to the west. Results from an additional five drill holes are still pending for the Hinge Target.
"Recent results out of the Hinge Target continue to remain impactful to the overall resource at Eau Claire," commented Tim Clark, CEO of Fury. "Going forward, we're excited for results from the remaining five holes at the Hinge Target and five holes at the Percival Prospect. Once the final results have been received and processed, we will be able to include them in the Eau Claire mineral resource update which is expected to be released at the end of Q1 or early Q2."
Table 1: Current Eau Claire Drill Results
Hole ID | From | To | Length (m) | Au (g/t) | Te (g/t) | |
23EC-068 | 9 | 10 | 1.00 | 2.17 | 0.03 | |
327.5 | 329.5 | 2.00 | 2.56 | 6.09 | ||
381 | 382.5 | 1.50 | 3.95 | 1.45 | ||
387 | 392 | 5.00 | 2.62 | 3.21 | ||
Incl. | 389.5 | 391 | 1.50 | 4.83 | 4.97 | |
401.5 | 405 | 3.50 | 1.12 | 1.76 | ||
408 | 415.5 | 7.50 | 1.32 | 2.33 | ||
435 | 442.5 | 7.50 | 2.56 | 3.58 | ||
Incl. | 441 | 442.5 | 1.50 | 4.83 | 6.20 | |
445.5 | 451.5 | 6.00 | 1.20 | 1.30 | ||
23EC-072 | 111 | 112.5 | 1.50 | 1.55 | 0.30 | |
231.5 | 233 | 1.50 | 3.79 | 0.39 | ||
279 | 280.5 | 1.50 | 3.80 | 3.19 | ||
495 | 497 | 2.00 | 4.13 | 6.82 | ||
23EC-073 | 196.5 | 199 | 2.50 | 2.26 | 4.02 | |
214.5 | 218.5 | 4.00 | 3.83 | 5.48 | ||
Incl. | 217.5 | 218.5 | 1.00 | 11.60 | 18.85 | |
248.5 | 250 | 1.50 | 8.30 | 12.95 | ||
23EC-074 | 381 | 382 | 1.00 | 2.65 | 3.44 | |
425 | 426.5 | 1.50 | 1.55 | 2.23 | ||
439.5 | 440.5 | 1.00 | 2.53 | 9.09 | ||
474.5 | 475.5 | 1.00 | 5.88 | 11.05 | ||
482 | 483.5 | 1.50 | 1.34 | 2.46 | ||
486 | 486.5 | 0.50 | 65.30 | 106.50 | ||
522 | 523 | 1.00 | 14.25 | 28.80 | ||
23EC-075 | 346 | 346.5 | 0.50 | 9.29 | 15.60 | |
352.5 | 354 | 1.50 | 6.49 | 0.34 | ||
379 | 380 | 1.00 | 2.48 | 3.72 | ||
392 | 393 | 1.00 | 2.77 | 0.63 | ||
419 | 422 | 3.00 | 3.83 | 4.80 | ||
Incl. | 421 | 422 | 1.00 | 8.94 | 11.40 | |
444 | 446 | 2.00 | 3.59 | 4.48 | ||
454.5 | 457.5 | 3.00 | 1.88 | 1.71 | ||
468 | 469.5 | 1.50 | 2.60 | 3.76 | ||
478 | 483 | 5.00 | 2.37 | 4.06 | ||
487.5 | 494 | 6.50 | 3.41 | 10.34 | ||
588.5 | 589.5 | 1.00 | 7.73 | 13.50 | ||
592.5 | 596 | 3.50 | 5.00 | 8.90 | ||
Incl. | 592.5 | 593.5 | 1.00 | 15.15 | 25.80 | |
643 | 646 | 3.00 | 2.04 | 2.52 | ||
655 | 659 | 4.00 | 1.81 | 3.22 | ||
664 | 667 | 3.00 | 1.17 | 2.59 | ||
23EC-076 | 225 | 226.5 | 1.50 | 1.45 | 0.34 | |
260 | 263.5 | 3.50 | 1.64 | 3.23 | ||
290 | 292.5 | 2.50 | 3.45 | 5.16 | ||
295.5 | 300 | 4.50 | 2.84 | 5.45 | ||
23EC-077 | 271.5 | 273 | 1.50 | 1.53 | 2.05 | |
290 | 293.5 | 3.50 | 31.77 | 8.07 | ||
Main intervals - Au grade*thickness no less than 2 g/t*m with grade is no less than 1 g/t, maximum consecutive dilution 2m Sub-intervals - Au grade*thickness no less than 7 g/t*m with grade is no less than 3.5 g/t, maximum consecutive dilution 2m Downhole thickness was used due to the unknown zone orientations | ||||||
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