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Fury Drills 13.5 Metres of 8.05 g/t Gold at Percival

VANCOUVER, BC / ACCESSWIRE / December 21, 2022 / Fury Gold Mines Limited (TSX:FURY)(NYSE Americ...

articleFury Gold Mines LimitedDecember 21, 20225/company/fury-gold-mines-ltd/news/fury-drills-135-metres-of-805-gt-gold-at-percival
Fury Drills 13.5 Metres of 8.05 g/t Gold at Percival

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[{"type":"text","content":"\nFury Drills 13.5 Metres of 8.05 g/t Gold at PercivalVANCOUVER, BC / ACCESSWIRE / December 21, 2022 / Fury Gold Mines Limited (TSX:FURY)(NYSE American:FURY) (\"Fury\" or the \"Company\") is pleased to announce results for eight core drill holes at the Percival Main and Percival East prospects, located 14 kilometres (km) east of the Eau Claire deposit in the Eeyou Istchee James Bay Territory of Quebec (Figure 1). Five of the drill holes targeted the westerly down plunge extension of the historical Percival mineralization (Figure 1). The results from the 2022 diamond drilling program confirm that the high-grade core of the Percival mineralization plunges steeply to the west and remains open in all directions. Highlights included an 85 metre (m) step out from historical high-grade mineralization which intercepted 13.5m of 8.05 g/t gold (Au), (including 3.00m of 25.8 g/t Au) in drill hole 22KP-008 and a 150m step out which intercepted 7.5m of 4.38 g/t Au, (including 3m of 8.7 g/t Au, and 3m of 5.5 g/t Au) in drill hole 22KP-005 (Figures 1, 2 and 3). Drilling results are presented below in Table 1.\"The Percival Prospect has been an important target for Fury as we believe it is considerably underexplored and has a lot of room to expand. The recent drill results further support our goal of identifying opportunities to advance our overall ounces at Eau Claire,\" commented Tim Clark, CEO of Fury. \"The Hinge Target, Gap Zone, and now Percival Prospect targets have all demonstrated the potential for considerable expansion and we are still looking forward to the remaining three holes from the Hinge Target and eastern extension as well as the results from the Geochem survey completed at our Lac Clarkie project which are expected in the coming weeks.\"Percival ProspectThe Percival Prospect is situated along the Cannard Deformation zone which is the primary control over gold mineralization within the region hosting the Eau Claire deposit and numerous gold showings along 30km of strike length contained within the Company's 100% owned land package. The Percival gold mineralization is currently represented by a 500m by 100m surface footprint with high-grade gold being defined to 300m below surface (Figures 1, 2 and 3). The Percival Prospect is hosted within folded sulphidized and silicified breccia bodies (Figure 4) and represents one of 15 ta...

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