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Fury Mobilizes Second Drill to the Percival Prospect and Announces Senior Management Change
VANCOUVER, BC / ACCESSWIRE / May 31, 2023 / Fury Gold Mines Limited (TSX:FURY)(NYSE American:FURY...
About this update from Fury Gold Mines Limited
[{"type":"text","content":"Fury Mobilizes Second Drill to the Percival Prospect and Announces Senior Management ChangeVANCOUVER, BC / ACCESSWIRE / May 31, 2023 / Fury Gold Mines Limited (TSX:FURY)(NYSE American:FURY) (\"Fury\" or the \"Company\") announces that a second drill has been mobilized to its wholly owned Eau Claire project in the Eeyou Istchee Territory in the James Bay region of Quebec. The second drill will follow up on the 2022 successes at the Percival Prospect. Drilling will consist of approximately 5,000 metres (\"m\") seeking to further extend the high-grade gold mineralization to the west and down dip, as well as testing some of the fourteen top priority targets along the Percival Trend (Figures 1 and 2). The Company also announces that Dr Lynsey Sherry, Fury's Chief Financial Officer (\"CFO\"), has given notice that effective June 23, 2023, she will be pursuing other professional opportunities; Mr. Phil Van Staden, currently Fury's Corporate Controller, will be appointed Interim CFO.\"We are excited to be headed back to the Percival Prospect, a target that has been very important to Fury as it shows significant room for expansion at the Eau Claire project. In addition, we are looking forward to results coming in from the Hinge Target at the Eau Claire resource which are expected in the coming weeks and months,\" commented Tim Clark, CEO of Fury. \"On behalf of the Fury team, I would like to thank Lynsey for her valuable contributions over the last few years and wish her well in her future endeavours. Our newly appointed Interim CFO, Phil, brings diverse international accounting experience from working in several industries, and we look forward to supporting his continued growth within the Company.\"Figure 1: Percival long section depicting the locations of the proposed 2023 drill holes in relation to the 2022 and historical drill intercepts. Figure 2: Plan view of the Percival Trend showing the prioritized biogeochemical anomalies in relation to 2022 and historical drill intercepts. Percival ProspectThe Percival Prospect is situated 14 kilometres (\"km\") east of the Eau Claire Deposit along the Cannard Deformation Zone which is one of the primary controls on gold mineralization within the region. The Percival gold mineralization is currently represented by a 500m by 100m footprint with high-grade gold being defined to 300m below surfac...