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Fury Provides Update on Eau Claire Drill Program and Outlines Exploration Plans for 2021
TORONTO, ON / ACCESSWIRE / January 13, 2021 / Fury Gold Mines Limited (TSX:FURY)(NYSE Americ...
About this update from Fury Gold Mines Limited
[{"type":"text","content":"Fury Provides Update on Eau Claire Drill Program and Outlines Exploration Plans for 2021TORONTO, ON / ACCESSWIRE / January 13, 2021 / Fury Gold Mines Limited (TSX:FURY)(NYSE American:FURY) (\"Fury\" or the \"Company\") is pleased to provide an update on the ongoing 50,000-metre (m) drill program at the 100% owned Eau Claire project located in the Eeyou Istchee Territory in the James Bay region, Quebec. The drill program is focused on the one-kilometre (km) down plunge extension at Eau Claire (Targets A, B and C) (Figure 1), as well as infill drilling the inferred portions of the resource for resource conversion. A total of 3,646m in six holes has been drilled to date and results from the first set of infill drill holes and the first 600m of the step-out hole, 20EC-006, are expected in the coming weeks.\"2020 was an eventful year for the Company as we launched and immediately began to redefine the Eau Claire project and reveal further potential in the James Bay Gold Camp,\" commented Mike Timmins, President and CEO of Fury. \"With drills turning and our first set of assays pending, we are anticipating a very active and exciting year as we continue drilling to add ounces and discover new areas of high-grade mineralization both at depth and at surface along the deposit trend.\"We will continue to apply our systematic exploration approach as we advance our entire project portfolio in 2021 and position our shareholders to also benefit from the large-scale exploration programs planned later in the year at Homestake Ridge and Committee Bay.\"2021 Exploration HighlightsEau Claire, Quebec: expansion program of 50,000m+ well underway;Homestake Ridge, British Columbia: approximately 20,000m planned for summer 2021 in conversion and exploration drilling;Committee Bay, Nunavut: a minimum of 10,000m planned to expand the Three Bluffs deposit and drill test several exciting new targets for summer of 2021; andÉléonore South JV (\"ESJV\"), Quebec: proposed surface exploration campaign followed by drill testing between 3,000m and 5,000m at two undrilled target areas in Q4 2021.\"Fury has come together in a compressed time period during COVID and has been able to execute on all fronts, which is a testament to the quality of the management and technical teams,\" stated Ivan Bebek, Chair of Fury. \"The Company has a unique opportunity to g...