Fury to Drill Western Extension Targets at Eau Claire

About this update from Fury Gold Mines Limited

[{"type":"text","content":"Fury to Drill Western Extension Targets at Eau ClaireTORONTO, ON / ACCESSWIRE / April 12, 2021 / Fury Gold Mines Limited (TSX:FURY)(NYSE American:FURY) (\"Fury\" or the \"Company\") is pleased to provide an update on its exploration plans at the high-grade Eau Claire project located in the Eeyou Istchee Territory in the James Bay region of Quebec. Fury has identified two target areas on the western limit of the resource that have the potential to significantly expand the deposit.These targets are located below an area called the 850 zone and were developed through an increased understanding of the structural and lithological controls on mineralization within the deposit (Figure 1). Primarily using lithogeochemistry data, Fury's technical team was able to define individual rock packages and their relative position within the anticline, which is the main structural control on the Eau Claire deposit.\"Over the past five months, we have gained considerable insight into Eau Claire through a systematic review of project data and results from our initial exploration and deposit drilling. This has led to the identification of several areas of potential expansion, recently highlighted by the new Snake Lake horizon and Eau Claire's eastern down plunge extension,\" commented Mike Timmins, President and CEO of Fury. \"We are excited to introduce the next area of focus for our ongoing drill program, the potential western expansion of the deposit, which remains within the current project footprint, but has never been tested.\"Gold mineralization at Eau Claire is hosted within a mafic volcanic package that historically was considered a single homogeneous unit. However, through the analysis of phosphorous/titanium ratios within drill core and surface samples along the Eau Claire deposit trend, Fury has been able to define two mappable basaltic units that collectively define two distinct stratigraphic positions associated within the 850 and 450 zones (Figure 2), which was previously unrecognized. Fury's technical team has determined that the mineralized horizon of the 450 zone, which represents approximately 85% of the resource at Eau Claire, remains untested below the 850 zone and provides an excellent opportunity to expand the deposit footprint on the western margin of the deposit.\"The 850 zone has two very compelling targets, which have been...

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