Fury Gold Mines drills 26 m of 0.71 g/t Au at Sakami

Executive Summary

• Fury Gold Mines Ltd. released assay results from the final four holes of its 2025 inaugural drill program at the Sakami Gold Project in Quebec, completing a total of 3,685 metres in seven holes.
• The drilling successfully extended near-surface gold mineralization by 185 metres at the La Pointe Extension target, confirming continuity and predictability which supports future mineral resource estimation.
• Significant intercepts were reported in holes 25SK-005 and 25SK-007, while hole 25SK-006 at the Juliette target identified strong alteration and sulphide mineralization associated with an IP chargeability anomaly, though without significant gold intercepts.

Key Details

• Drilling Summary:
  • Total program: 3,685 metres in 7 holes.
  • La Pointe Extension: 6 holes totaling 2,965 m targeting extensions and gaps.
  • Juliette Target: 1 hole (720 m) targeting an induced polarization (IP) chargeability anomaly.
• Significant Intercepts (La Pointe Extension):
  • Hole 25SK-005: 26.0 m at 0.71 g/t Au, including 6.5 m at 1.76 g/t Au. Located 185 m southwest of hole 25SK-003.
  • Hole 25SK-007: 22.2 m at 0.83 g/t Au, including 2.9 m at 1.71 g/t Au and 1 m at 8.62 g/t Au.
  • Hole 25SK-003 (Referenced): 59 m at 1.59 g/t Au.
• Geological Findings:
  • Mineralization is near-surface (between 50 m and 350 m depth).
  • Mineralization occurs along a regional-scale suture zone between the Opinaca and La Grande geological subprovinces.
  • Gold is hosted in two broad subparallel structures with higher-grade cores that remain open to depth.
  • Drilling confirmed mineralization is open along strike to the west and at depth.
  • Drilling was predominantly orthogonal to the gold-mineralized structure.
• Juliette Target (Hole 25SK-006):
  • Did not intercept significant gold mineralization.
  • Intercepted a zone of intense silicification with sulphide mineralization correlating to the IP chargeability anomaly.
  • Technical team reviewing oriented core and geochemical data for vectors to gold.
• Regional Soil Sampling:
  • Completed a soil grid 10 km west of La Pointe Extension.
  • Collected 237 samples identifying six structurally controlled gold-in-soil anomalies along an east-west secondary fault splay.
  • Anomalies occur within a regional-scale fold nose associated with mafic volcanic rocks and iron formation.
• Assay Methodology:
  • Samples sawed in half; one-half sent to ALS Chemex.
  • Primary assay: 50g fire assay with ICP-AES finish (Au-ICP22).
  • Repeat assay: 50g fire assay with atomic absorption finish (Au-AA24) if Au-ICP22 > 0.5 ppm.
  • Gravimetric finish (Au-GRA22) if Au-AA24 > 10 ppm.

Notable Quotes

• "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." — Tim Clark, Chief Executive Officer
• "Sakami has returned consistent near-surface gold mineralization across broad widths. Fury is currently working on an updated geological model incorporating the new drill data into the existing database, with a goal of advancing it to the resource stage in the near future." — Bryan Atkinson, PGeo, Senior Vice-President, Exploration