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Fury Enhances Drill Targeting at the Percival Prospect with Completion of Ground Geophysical Survey

VANCOUVER, BC / ACCESSWIRE / May 16, 2022 / Fury Gold Mines Limited (TSX:FURY, NYSE America...

articleFury Gold Mines LimitedMay 16, 20224/company/fury-gold-mines-ltd/news/fury-enhances-drill-targeting-at-the-percival-prospect-with-completion-of-ground-geophysical-survey
Fury Enhances Drill Targeting at the Percival Prospect with Completion of Ground Geophysical Survey

About this update from Fury Gold Mines Limited

[{"type":"text","content":"Fury Enhances Drill Targeting at the Percival Prospect with Completion of Ground Geophysical SurveyVANCOUVER, BC / ACCESSWIRE / May 16, 2022 / Fury Gold Mines Limited (TSX:FURY, NYSE American:FURY) (\"Fury\" or the \"Company\") is pleased to announce the completion of a 29 line-kilometre (km) Induced Polarization (IP) ground geophysical survey at the high-grade Percival prospect within the Eau Claire project located in the Eeyou Istchee Territory in the James Bay region of Quebec. The mineralization at Percival has a clear resistivity signature and the survey has identified a number of similar resistivity anomalies that coincide with biogeochemistry gold and trace element anomalies over a 6.5-kilometre strike length (Figure 1). The survey covered eight of the fifteen previously announced biogeochemical targets along the Percival trend. This newly acquired data is being incorporated into the final drill targeting for the upcoming summer 2022 drill program at Percival.The survey identified discrete coincident resistivity and conductivity anomalies which correspond with the sulphide-rich silica breccia gold-bearing bodies at Percival.\"Percival is one of our larger targets that has had great historic success, however, it is highly underexplored,\" said Tim Clark, CEO of Fury. \"It was extremely encouraging to receive the following IP geophysical survey results ahead of our planned drilling commencing in early June. We are excited to be drilling again and look forward to the continuous results from both our Eau Claire and Percival targets throughout this summer and fall.\"\"We are excited to have been able to better fingerprint the Percival mineralization through IP geophysics and to be able to refine our targeting ahead of the upcoming drilling campaign. Additionally, new target styles are becoming apparent outside of the Percival stratigraphy where we have IP conductivity and resistivity anomalies paired with biogeochemical anomalies along a previously unrecognized structural trend,\" stated Bryan Atkinson, SVP Exploration of Fury.IP Survey DetailsThe Percival prospect, located 14km east of the Eau Claire deposit, is currently represented by a 400 metre (m) by 100m mineralized footprint hosted within folded sulphidized and silicified breccias in an interbedded volcanic and sedimentary sequence represented by historical drill inter...

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