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Fury Commences 2025 Drilling Program at the Éléonore South Gold Project
FURYFury Gold Mines (FURY) Newsfilter·2025-02-03 12:00

Core Viewpoint - Fury Gold Mines Limited has initiated drilling at the Éléonore South gold project, targeting significant geological anomalies that could lead to substantial gold discoveries [3][4][5]. Group 1: Drilling Campaign Details - The first phase of drilling will involve approximately 4,000 to 6,000 meters, focusing on an interpreted fold nose within the Low Formation sediments [1][2]. - The drilling will target six undrilled priority targets identified over a 3-kilometer strike length, utilizing biogeochemical sampling and geophysical survey data [1][5]. - The company plans to complete around 15 of the 77 permitted drill holes in this phase, with further drilling contingent on the results obtained [2][11]. Group 2: Geological Context - The Éléonore South project is located in a region known for prolific gold mineralization, adjacent to Newmont's Éléonore Mine and Sirios' Cheechoo Deposit [4]. - Two distinct styles of mineralization have been identified: structurally controlled quartz veins and intrusion-related disseminated gold mineralization [4][6]. - The geological model indicates that the target areas lie within a westerly plunging regional scale fold nose, with secondary fold structures enhancing the prospectivity [5][11]. Group 3: Technical Insights - The drilling program is designed to intercept interpreted structures at various depths, with geological data from each hole being used to refine the targeting model [5][11]. - Historical biogeochemical sampling has indicated the presence of pristine gold grains near the target areas, suggesting minimal transport and proximity to the source [5][12]. - The technical team is leveraging direct experience from the Éléonore Mine to enhance the efficiency and effectiveness of the drilling program [11]. Group 4: Company Overview - Fury Gold Mines Limited is a Canadian-focused exploration company with a strong management team and a commitment to high standards in corporate governance and environmental stewardship [14]. - The company holds a 51 million common share position in Dolly Varden Silver Corp, representing 16.25% of issued shares [14]. - Fury aims to grow its multi-million-ounce gold platform through rigorous project evaluation and exploration excellence [14].