Fury Gold Mines Drills Multiple High-Grade Gold Zones with CEO Tim Clark & SVP Expl Bryan Atkinson

Mining Stock Education · Fury Gold Mines Drills Multiple High-Grade Gold Zones with CEO Tim Clark & SVP Expl Bryan Atkinson

Fury Gold Mines’ (Ticker: FURY) CEO Tim Clark and SVP Exploration Bryan Atkinson provide an update on the recent drill results at the company’s flagship Eau Claire deposit in the James Bay Region of Quebec.  Fury provided results for seven core drill holes at the Eau Claire project located in the Eeyou Istchee Territory in the James Bay region of Quebec. The 2022 exploration drilling program continues to demonstrate the potential to significantly expand the deposit to the west at the Hinge Target.

Drill holes 22EC-046, 22EC-047 and 22EC-048 targeted a 150 to 200 metre (m) extension of the intercept of 3.0m of 9.36 g/t gold from drill hole 21EC-041 (see news release dated November 29, 2021). All three drill holes intercepted multiple zones of gold mineralization, with hole 22EC-048 exhibiting four zones of high grade and broad widths of more moderate grade, including 3.50m of 4.79 g/t gold, 1.00m of 14.19 g/t gold, 3.50m of 5.86 g/t gold, 1.00m of 20.6 g/t gold and 17.50m of 1.29 g/t Au (Table 1). Fury believes these intercepts represent the apex of the targeted fold hinge and reflects the deposit geometry that the technical team believes could deliver significant resource growth. The Hinge Zone drilling to date demonstrates a potential 20%, or 330m, increase to the mineralized strike length of the Eau Claire Deposit with results pending from additional drill holes located 100 metres further west of the reported intercepts.

“The recent holes represent Fury’s best exploration drilling result to date at Eau Claire and are exactly what we were hoping to see at the Hinge Target. The drill results confirm our belief that the Hinge is open for considerable growth which could impact our ounces significantly,” commented Tim Clark, CEO of Fury. “We are halfway through our 2022 drilling program and are very excited about the pending assay results still to come. In the following weeks and months, Fury will have a steady news flow with additional drill results from the Hinge, North Limb, and Percival Prospect. The Company is well positioned with our exploration strategy, our team in the field, and our ability to continue to leverage a strong treasury.”

Press Releases discussed: https://furygoldmines.com/news-and-media/news/fury-drills-multiple-zones-of-high-grade-gold-at-the-hinge-target-extending-mineralization-330-metres-to-the-west-at-eau-claire/

Leave a comment

Free newsletter for stock pics, interview transcripts & investing ideas