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Fury Intercepts 41.5 Metres of 1.23 g/t Gold at Sakami Gold Project in Quebec

TORONTO, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Fury Gold Mines Limited (TSX and NYSE American: FURY...

articleFury Gold Mines LimitedAugust 12, 20255/company/fury-gold-mines-ltd/news/fury-intercepts-415-metres-of-123-gt-gold-at-sakami-gold-project-in-quebec
Fury Intercepts 41.5 Metres of 1.23 g/t Gold at Sakami Gold Project in Quebec

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[{"type":"text","content":"Fury Intercepts 41.5 Metres of 1.23 g/t Gold at Sakami Gold Project in Quebec\n\n\n\n TORONTO, Aug. 12, 2025 (GLOBE NEWSWIRE) --\n \n Fury Gold Mines Limited (TSX and NYSE American: FURY) (“Fury” or the “Company”)\n \n is pleased to announce initial results from the inaugural drill campaign at the Sakami gold project located in the Eeyou Istchee Territory in the James Bay region of Northern Quebec (Figure 1). Drill hole 25SK-001 is the first of six holes drilled to date, and was designed to test the down plunge extension of gold mineralization intercepted in historical drilling and has intercepted five distinct zones of gold mineralization across a 140-metre (m) drilled length;\n \n 4.7 m of 2.72 g/t gold; 0.5 m of 10.2 g/t gold; 1.5 m of 5.17 g/t gold and; 11.8 m of 1.28 g/t gold and; 41.5 m of 1.23 g/t gold\n \n (Table 1).\n \n\n Notably, within the two broader intercepts of 11.8 m and 41.5 m, hosted within intense pervasive silicification, there is a high-grade core that includes intercepts of up to 7 m of 3.15 g/t gold (Table 1). The Company has completed a total of 3,160 m of drilling in six drill holes to date (Figure 2), including one at the previously undrilled Juliette target, with another currently underway, and is looking forward to receiving additional results over the coming weeks.\n \n\n Key takeaways:\n \n\n\n Confirmed continuity of mineralization at the La Pointe Extension prospect\n \n\n Multiple zones of +1.2 g/t gold mineralization intercepted\n \n\n Identification of high-grade gold core, which appears to strengthen down plunge\n \n\n Wide zones of intense silicification are indicative of a strong mineralization system with potential for significant scale along the 23-kilometre (km) long targeted structure\n \n\n Results pending from an additional six completed drill holes\n \n\n\n\n \"We are thrilled to announce our first drill results from our ongoing summer campaign at the Sakami project, which we acquired earlier in the year,\" commented Tim Clark, CEO of Fury. \"Our goal was to expand upon historical drilling, add to continuity, and target resource grade. As such, we are pleased with a strong start and looking forward to more positive results in the coming weeks.\"\n \n\n\n Table 1: 25SK-001 Drilling Highlights\n \n\n\n\n\n\n Hole ID\n \n\n\n\n\n\n\n\n From\n \n\n\n\n To\n \n...

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