Fury Mobilizes Drill to the Serendipity Prospect at Eau Claire

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[{"type":"text","content":"Fury Mobilizes Drill to the Serendipity Prospect at Eau ClaireVANCOUVER, BC / ACCESSWIRE / June 19, 2024 / Fury Gold Mines Limited (TSX:FURY)(NYSE American:FURY) (\"Fury\" or the \"Company\") announces that a drill has been mobilized to the greenfield Serendipity Prospect on its wholly owned Eau Claire project in the Eeyou Istchee Territory in the James Bay region of Quebec. The Serendipity Prospect lies within the same prospective geological setting as the Company's Percival deposit. The Serendipity Prospect is defined by 10 robust geochemical targets with up to 150 times background gold values proximal to the regional scale Hashimoto Deformation Zone (Figure 1). Limited historical drilling near Serendipity intercepted 7.9 metres (m) of 1.23 g/t gold; 12.1 m of 1.38 g/t gold and 1.5 m of 4.27 g/t gold, however, this historical drilling is over 800 m from the targets defined by Fury in an area where the geochemical anomalies are half of the values being targeted (Figure 2). The Company intends to drill test three targets at Serendipity with approximately 3,500 m of diamond drilling.\"We are thrilled to announce this summer's drilling program which will focus on new discovery at our greenfields Serendipity Prospect as well as a follow up biogeochemical survey to bring new targets forward at the Éléonore Mine style anomaly on our Éléonore South property,\" commented Tim Clark, CEO of Fury. \"Neither of these targets has ever been drilled, but both areas have been identified as highly prospective and could be significant catalysts for Fury.\"Figure 1: Plan view of the Percival to Serendipity Trend depicting the 10 gold targets identified through biogeochemical sampling and structural interpretation. Figure 2: Three-dimensional view of the Serendipity prospect showing historical versus planned diamond drilling relative to geochemical anomalies and geology. Serendipity ProspectThe Serendipity Prospect is situated 16 kilometres (km) northeast of the Eau Claire Deposit and 6.5 km north northeast of the Percival Deposit along the Hashimoto Deformation Zone which is related to the Cannard Deformation Zone, one of the primary controls on gold mineralization within the region. The planned 2024 drilling will test geochemical anomalies associated with prospective folded stratigraphy across approximately 2 km of strike len...

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