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Fury to Commence Drilling at Éléonore South Gold Project
VANCOUVER, BC / ACCESSWIRE / March 20, 2024 / Fury Gold Mines Limited (TSX:FURY)(NYSE American:...
About this update from Fury Gold Mines Limited
[{"type":"text","content":"Fury to Commence Drilling at Éléonore South Gold ProjectVANCOUVER, BC / ACCESSWIRE / March 20, 2024 / Fury Gold Mines Limited (TSX:FURY)(NYSE American:FURY) (\"Fury\" or the \"Company\") is pleased to announce its intention to commence diamond core drilling operations at its 100% owned Éléonore South gold project located in the Eeyou Istchee Territory in the James Bay region of Quebec. The diamond drilling program will commence in early April 2024 comprising approximately 2,000 metres (m) focussed on the Moni showing trend where previous drilling intercepted up to; 53.25 m of 4.22 g/t gold (Au); 6.0 m of 49.50 g/t Au including 1.0 m of 294 g/t Au and 23.8 m of 3.08 g/t Au including 1.5 m of 27.80 g/t Au, several of which remain open (Figure 1 and Table 1).\"Fury is excited to get an early start to our year with a fully funded, targeted drill program in the northeast region of the Éléonore South property,\" commented Tim Clark, CEO of Fury. \"This area, given its strategic significance near the border to Sirios' Cheechoo deposit, proximity to the operating Éléonore Mine, and historical high-grade gold drill intercepts, represents a tremendous amount of potential upside to investors. Going forward, we will also be exploring other priority targets across the whole 100% owned Éléonore South property which will include a follow-up biogeochemical survey of the Éléonore Mine style gold anomaly that we recently identified at the project.\"Éléonore South ProjectThe Éléonore South project is strategically located in an area of prolific gold mineralization with Newmont's Éléonore Mine to the north and Sirios' Cheechoo deposit to the east (Figure 1 inset). Two distinct styles of mineralization have been identified to date; structurally controlled quartz veins hosted within sedimentary rocks, similar to the high-grade mineralization observed at the Éléonore Mine; and intrusion-related disseminated gold mineralization, similar to that seen at the lower-grade bulk tonnage Cheechoo deposit with potential for higher grades hosted in stockwork quartz veining as observed at the JT and Moni showings.Previous drilling at Éléonore South, 38,037 m in 164 drill holes, was largely focussed in the Moni area and successfully defined a 2,000 m x 75...