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Fury Gold Mines Confirms Continuity and Extends Near Surface Gold Mineralization at Sakami Gold Project in Quebec
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Fury Gold Mines Confirms Continuity and Extends Near Surface Gold Mineralization at Sakami Gold Project in Quebec
Nov 24, 2025 4:45 AM

07:15 AM EST, 11/24/2025 (MT Newswires) -- Fury Gold Mines Limited ( FURY ) announced Monday assay results from the last four holes of its inaugural drill campaign at the Sakami gold project located in the Eeyou Istchee Territory in the James Bay region of Northern Quebec.

Monday's statement noted the 2025 diamond drill program completed 3,685 metres in seven holes of which six drill holes totalling 2,965 meters targeted extensions and gaps at La Pointe Extension and one drill hole (720 m) targeted an Induced Polarization chargeability anomaly at Juliette.

The statement noted that drill hole 25SK-005, the southwestern most drill hole completed by Fury, intercepted 26.0 meters of 0.71 grams per tonne gold including 6.5 meters of 1.76 g/t gold 185 meters to the SW of drill hole 25SK-003, which intercepted 59 meters of 1.59 g/t gold.

Highlights from the final four 2025 holes and key findings at Sakami include: 26.0 meters of 0.71 g/t gold including 6.5 meters of 1.76 g/t gold in drill hole 25SK-005; and 22.2 meters of 0.83 g/t gold including 2.9 meters of 1.71 g/t gold and 1 meter of 8.62 g/t gold in drill hole 25SK-007.

Fury said drilling confirms mineralization at La Pointe Extension is open at depth and along strike to the west. Additionally, the drilling infilled gaps and improved continuity within the previously identified gold mineralization. The company said all of the reported intercepts are between 50 meters and 350 meters of surface. It added the 2025 diamond drilling program utilized oriented core and preliminary interpretations indicate the drilling was predominantly orthogonal to the gold mineralized structure.

"This year's drill program at Sakami has delivered valuable geological insight and set a good foundation for evaluating future follow-up work, including the potential estimation of a mineral resource," commented Tim Clark, CEO of Fury.

Shares in Fury edged lower in Canada on Friday.

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