Fury Gold Mines Limited provided the final set of results from the 12,000 metre (m) 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 comprises a series of stacked gold-bearing quartz tourmaline veins concentrated within a 200m wide structurally controlled corridor. Highlights from these last five drill holes include 17.62g/t gold over 3.50m (including 29.80g/t gold over 2.00m), and 22.20g/t gold over 0.50m from 23EC-082; 3.35g/t gold over 8.50m (including 5.70g/t gold over 3.00m), and 2.24g/t gold over 7.50m from 23EC-079; and 5.49g/t gold over 3.50m from 23EC-078. The reported intercept from drill hole 23EC-082 of 17.62g/t gold over 3.50m is within 135m of surface and is completely open to surface and to the west, above the rest of the Hinge Target.
Drilling in 2023 has confirmed that the Hinge Target is the direct westerly extension of the high-grade Eau Claire gold deposit extending the mineralized footprint by over 400m. Drilling to date has identified a series of discrete sub-vertical quartz tourmaline veins concentrated in two, 100m wide, structurally controlled corridors with vertical continuity now demonstrated over 400m. The Hinge Target remains open up dip, down dip and to the west. The 12,000m of drilling completed at the Hinge Target in 2023 were designed to tighten up the drill hole spacing to a nominal 60-80m for use in an updated independent mineral resource estimate, which is now underway. Analytical samples for the Drill Program were taken by sawing HQ diameter core into equal halves on site with one half sent to ALS Chemex in Val D'or, Quebec, Canada for preparation and analysis. All samples were assayed using a 50 g nominal weight fire assay with inductively coupled plasma - atomic emission spectrometry finish (Au-ICP22) and multi-element four acid digest ICP-AES/ICP-MS method (ME-MS61). Where Au-ICP22 results were greater than 0.5 ppm Au the assay was repeated with a 50 g nominal weight fire assay with atomic absorption finish (Au-AA24). Samples containing more than 10 ppm by Au-AA24 were re-assayed with 50 g nominal weight fire assay with gravimetric finish (Au-GRA22). QA/QC programs using internal standard samples, field and lab duplicates and blanks indicate good overall accuracy and precision.