Fury provides update on Eau Claire drill program and outlines exploration plans for 2021

13 January 2021

Fury Gold Mines Limited is pleased to provide an update on the ongoing 50,000-metre (m) drill program at the 100% owned Eau Claire project located in the Eeyou Istchee Territory in the James Bay region, Quebec. The drill program is focused on the one-kilometre (km) down plunge extension at Eau Claire (Targets A, B and C) (Figure 1 inthe full release), as well as infill drilling the inferred portions of the resource for resource conversion. A total of 3,646m in six holes has been drilled to date and results from the first set of infill drill holes and the first 600m of the step-out hole, 20EC-006, are expected in the coming weeks.

"2020 was an eventful year for the Company as we launched and immediately began to redefine the Eau Claire project and reveal further potential in the James Bay Gold Camp," commented Mike Timmins, President and CEO of Fury. "With drills turning and our first set of assays pending, we are anticipating a very active and exciting year as we continue drilling to add ounces and discover new areas of high-grade mineralization both at depth and at surface along the deposit trend.