17 February 2021
Fury Gold Mines Limited is pleased to outline its 2021 exploration plans for the Committee Bay gold project located in the Kitikmeot region of Nunavut. The Company plans to drill between 5,000 metres (m) and 10,000m this summer, subject to COVID limitations, with the goal of: 1) drilling the underexplored Raven high-grade vein target, which sits along an 8 kilometre (km) shear zone that has the potential to turn into a significant discovery; 2) expanding the Three Bluffs deposit through the drilling of a major conductor down dip from a high-grade portion of the resource; and 3) advancing the previous geological work on targets along the Aiviq - Kalulik corridor to advance them to drill stage.
"Shareholders are uniquely positioned in Nunavut with the Committee Bay project, which is considered to be one of the largest unexplored greenstone belts remaining in North America. We will be initiating Fury's first drill program at the project with a robust initial resource, several mature high grade exploration targets and an experienced team with the skill sets to deliver on our growth plans," commented Mike Timmins, President and CEO of Fury.