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On May 14, 2024, Fury Gold Mines provided an updated Mineral Resource Estimate for the Eau Claire deposit and a Maiden Mineral Resource Estimate for the Percival deposit in Quebec. The Eau Claire project now holds 1.16Moz of gold at 5.64 g/t in the Measured and Indicated category, and an additional 723koz at 4.13 g/t in the Inferred category. This update represents a 36% increase in Measured and Indicated gold ounces and a 45% increase in Inferred gold ounces.
The Percival deposit, located 14 km east of Eau Claire, contains 211koz of gold in the Inferred category at a grade of 2.34 g/t. Both deposits remain open for further expansion through additional drilling. The upgrades are based on extensive drilling, with 21,000 meters at Eau Claire and 7,800 meters at Percival.
The news reflects Fury's disciplined exploration strategy and positions the company for further growth, with additional exploration results expected in the coming weeks.