Fury Identifies Large Scale Gold-In-Till Targets on the Éléonore South Joint Venture

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[{"type":"text","content":"Fury Identifies Large Scale Gold-In-Till Targets on the Éléonore South Joint VentureTORONTO, ON / ACCESSWIRE / December 17, 2020 / Fury Gold Mines Limited (TSX:FURY)(NYSE American:FURY) (\"Fury\" or the \"Company\") is pleased to announce the identification of additional targets on the Éléonore South Joint Venture (\"ESJV\") located in the Eeyou Istchee Territory in the James Bay region of Quebec. The ESJV land package comprises 282 claims across 14,700 hectares located 12 kilometers (km) to the south of Newmont Corp.'s (\"Newmont\") Éléonore Mine and to the west and south of Sirios Resources Inc.'s Cheechoo gold deposit (Figure 1). The Company has identified two significant and undrilled target areas that are characterized by large scale gold-in-till anomalies, which it is proposing to advance to drill stage in the summer of 2021.A Message from Mike Timmins, President & CEO:\"As operator of the ESJV we are very keen to advance the project on behalf of the joint venture. This exceptional growth opportunity fits well into our aggressive plan to drive value for shareholders as we continue to pursue the untapped potential of the James Bay Gold Camp in Quebec.\"We are looking forward to a very busy 2021 with drill results from Eau Claire expected to be released throughout the year, starting early in the first quarter. In addition to advancing these new targets on the ESJV, we will begin programs at Homestake Ridge in British Columbia and Committee Bay in Nunavut, which will offer more opportunities for resource growth and potential new discoveries.\"A Message from Michael Henrichsen, SVP, Exploration:\"The ESJV land package represents an excellent discovery opportunity for Fury and our joint venture partners. Our technical team appreciates the high-quality historical data sets that exist, which we will use to plan and to advance targets to drill stage. The known gold mineralization at the Moni and JT zones demonstrates bulk tonnage potential, which we feel underpins the value of the property; however, the opportunity to explore for undiscovered high-grade mineralization, similar to that found at the Éléonore mine, excites our technical group.\"ESJV OverviewAs at December 31, 2015, the ESJV is held by Fury (36.72%), Azimut Exploration Inc. (\"Azimut\") (26.57%), and Les Mines Opinaca Lt&#xE...

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