2 February 2021
Fury Gold Mines Limited is pleased to provide an update on exploration plans for the high-grade Homestake Ridge gold-silver project located in the Nisga'a Nation Territory within British Columbia's Golden Triangle. The Company plans to drill 25,000 metres (m) at the project in the summer of 2021 with the primary goal of expanding the resource and testing high quality gold-silver targets along the deposit trend. In addition, an infill drill program will be conducted with the goal of converting a large portion of the resource at the Homestake Silver deposit from inferred to indicated category.
"The Company has refined the geological model at Homestake Ridge and outlined the largest and most intensive drill campaign at the project to date," commented Mike Timmins, President and CEO of Fury. "We have identified multiple high priority opportunities to expand the resource and discover additional high-grade gold and silver mineralization at the project. Increasing the ounce profile at Homestake is a key component of our growth strategy and supports the continuous growth we offer to our shareholders."Fury Gold Mines Limited is pleased to provide an update on exploration plans for the high-grade Homestake Ridge gold-silver project located in the Nisga'a Nation Territory within British Columbia's Golden Triangle. The Company plans to drill 25,000 metres (m) at the project in the summer of 2021 with the primary goal of expanding the resource and testing high quality gold-silver targets along the deposit trend. In addition, an infill drill program will be conducted with the goal of converting a large portion of the resource at the Homestake Silver deposit from inferred to indicated category.
"The Company has refined the geological model at Homestake Ridge and outlined the largest and most intensive drill campaign at the project to date," commented Mike Timmins, President and CEO of Fury. "We have identified multiple high priority opportunities to expand the resource and discover additional high-grade gold and silver mineralization at the project. Increasing the ounce profile at Homestake is a key component of our growth strategy and supports the continuous growth we offer to our shareholders."