Fury Finalizes Drill Targeting at its Newly Acquired Sakami Gold Project

Core Insights - Fury Gold Mines Limited has finalized drill targets at the Sakami gold project in Northern Quebec, with a drilling campaign set to begin in late June 2025, targeting approximately 3,000 to 5,000 meters [1][2][6] - The Sakami project has historical drilling results showing significant gold intercepts, including 7.79 g/t Au over 3.0 m and 8.70 g/t Au over 7.0 m, indicating strong mineralization potential [1][4][6] Sakami Project Overview - The Sakami project spans approximately 14,250 hectares and is located 30 km east of the Billy Diamond Highway, situated within a structural corridor where gold mineralization has been identified over 23 km [4][6] - Gold mineralization is associated with a sulphide-rich horizon along the contact between the Opinaca and La Grande geological subprovinces [4][6] Drilling Campaign Priorities - The first phase of drilling will focus on three main priorities: 1. Discovering new mineralization at the Juliette target along a 23 km gold-bearing corridor 2. Confirming historical mineralized intercepts at La Pointe and La Pointe Extension 3. Extending high-grade mineralization to depth beneath historical drilling [6][7] Historical Drilling Insights - Historical drilling at Sakami has shown gold mineralization remains open to depth and along strike, with the undrilled Juliette target presenting a promising opportunity for additional discoveries [5][6] - The targeting matrix for the drilling campaign is robust, incorporating all available data to enhance the understanding of the project's prospectivity [3][6] Éléonore South Project Overview - The Éléonore South project is strategically located near significant gold deposits, with two distinct styles of mineralization identified: structurally controlled quartz veins and intrusion-related disseminated gold [11][12] - The first phase of drilling at Éléonore South comprised 12 diamond drill holes totaling approximately 4,930 m, with some holes intercepting low-grade gold mineralization [12][18] Future Exploration Plans - The company plans to follow up on numerous untested targets within the six square kilometer area of the Éléonore South project, indicating potential for further exploration and discovery [18]