Fury Gold Mines reviews highlights from 2023

“This past year was focused on adding significant ounces at the Eau Claire Resource, improving our pipeline of targets for discovery, and adding new talent and experience to the board,” commented Tim Clark, CEO of Fury. “Thus far, we have had impressive drill intercepts, including one of our top three historical intercepts at Percival Main, with additional results still pending from the Hinge and Percival Prospect.” Highlights: Fury’s top milestones and achievements of 2023 include: Appointing two new Board Directors, Brian Christie, formerly of Agnico Eagle Mines, and Isabelle Cadieux, formerly of Quebec based SIDEX, further strengthening the overall diversified skillset of Fury’s Board. Closing of a C$8.75 million bought deal equity private placement, strengthening Fury’s treasury and funding further exploration at the Company’s Quebec projects. Completing an 18,800m drill program at Eau Claire, which exceeded the original 15,000m of planned drilling for the year and coming in at approximately C$1 million under budget. Continuing to intercept multiple zones of gold mineralization at the Hinge Target through infill drilling. Intercepting 1.5 m of 279 g/t gold at the Percival Main target, representing the third highest-grade intercept reported for the entire Eau Claire project to date. Conducting a second annual Digbee ESG Certification, an independent ESG evaluation that continues to validate the Company’s existing ESG engagement and strategy. Finishing the 2023 year with C$7.3 million in cash, no debt, approximately C$600,000 of flow-through obligation required to be spent by December 31, 2024, and C$52.8 million in publicly traded securities. Pending Upcoming News: Eleven core drill holes pending assay results from the Hinge Target and five core drill holes at the Percival Prospect. 2024 exploration program announcement. Pending biogeochemical results from the Eleonore South Joint Venture. Eau Claire Mineral Resource update upon compiling and analyzing the final results from the 2023 exploration program.