Fury Reports Encouraging Metallurgical Test Results from the Ninaaskumuwin Lithium Discovery at Elmer East

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[{"type":"text","content":"Fury Reports Encouraging Metallurgical Test Results from the Ninaaskumuwin Lithium Discovery at Elmer East\n\n\n\n TORONTO, July 22, 2025 (GLOBE NEWSWIRE) --\n \n Fury Gold Mines Limited (TSX and NYSE American: FURY) (“Fury” or the “Company”)\n \n is pleased to announce preliminary metallurgical test results on its Ninaaskumuwin lithium discovery in the Eeyou Istchee James Bay Territory of Northern Quebec. The objective of the metallurgical test work was to characterize the mineralogy and metallurgical properties of the spodumene-bearing pegmatite intercepted in drilling. Results from the preliminary test work indicate that the Ninaaskumuwin lithium mineralization is amenable to conventional lithium extraction techniques with Heavy Liquid Separation resulting in recovery of 62.2% Lithium and a concentrate grade of 5.59% Li\n \n 2\n \n O from a single composite sample. The metallurgical test work paired with the recently released drilling results of 32.35 (metres) m of 1.16% Li\n \n 2\n \n O (\n \n see news release dated July 9, 2025\n \n ) indicates that the Ninaaskumuwin lithium discovery warrants additional work.\n \n\n\n Highlights from the test work:\n \n\n\n\n Samples analysed contain up to 42% spodumene;\n \n\n Spodumene is the sole lithium-bearing mineral identified;\n \n\n The pegmatite intercepted is free of impurities indicating that lithium concentrates suitable for lithium carbonate and lithium hydroxide battery grade products could possibly be produced;\n \n\n The Ninaaskumuwin pegmatite is a highly fractionated and fertile Lithium Cesium and Tantalum (LCT) pegmatite;\n \n\n Grades of the 85 samples analysed range from 0.02% to 3.71% Li\n \n 2\n \n O and 0.36% to 6.30 % Fe\n \n 2\n \n O\n \n 3\n \n\n ;\n \n and\n \n\n Recoveries of 62.2% Li and concentrate grade of 5.59% Li\n \n 2\n \n O received from a single composite.\n \n\n\n “We are encouraged by the metallurgical results from our newly acquired lithium asset in Quebec,” commented Tim Clark, CEO of Fury. “This project, as well as the others acquired through the Quebec Precious Metals transaction, is a positive addition to our portfolio of mineral exploration assets and warrants future follow-up work to realize the full potential of the project.”\n \n\n\n Mineralogical Analysis\n \n\n\n A mineralogical stud...

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