Fury Gold Mines Engages Leading Firms to Advance Eau Claire Pre-Feasibility Study Work

About this update from Fury Gold Mines Limited

TORONTO, June 09, 2026 (GLOBE NEWSWIRE) -- Fury Gold Mines Limited (TSX and NYSE American: FURY) (“Fury” or the “Company”) is pleased to announce it has engaged a team of technical consultants to lead the next phase of development for its Eau Claire Gold Project (“Eau Claire” the “Project), located in the Eeyou-Istchee/James Bay region of northern Quebec. This engagement marks the start of the Company’s pre-feasibility study (“PFS”) work to be completed in accordance with National Instrument 43-101 standards. The PFS is the continuation of the preliminary economic assessment study issued in 2025 (see news release dated September 2, 2025). The Company has retained the services of SGS Geological Services (“SGS”), recognized for its global expertise in geological modeling and resource estimation and BBA Consultants (“BBA”), a top Canadian engineering firm, to lead all technical study disciplines, including mining, processing, infrastructure, and economic evaluation. “The start of the PFS process marks a significant milestone on the road to production for the Eau Claire project,” said Tim Clark, CEO of Fury. “We are formally engaged and coordinating with SGS and BBA, both leading geological and engineering firms, with the goal of advancing development plans, providing investors with a clearer understanding of the projects potential.” About SGS SGS is the world’s leading Testing, Inspection and Certification company. SGS operates a network of over 2,500 laboratories and business facilities across 115 countries, supported by a team of over 100,000 dedicated professionals. SGS’ extensive services help to minimize risk, improve decision making and stakeholder engagement throughout the entire mining value chain includes commercial and on-site analytical solutions, metallurgy and consulting, process design and engineering, trade support and sustainability services. About BBA BBA is a trusted partner in the energy and natural resources sector, where they have operated for more than 45 years. With over 1,800 professionals in 25+ offices across Canada, the U.S. and Latin America, the firm delivers engineering, strategic advisory, environmental and field services. Recognized for its high-level expertise and collaborative approach, BBA combines technical excellence with strong field presence to rapidly mobilize the right experts wherever they are needed. About Fury Gold...

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