Fury Intercepts 59 Metres of 1.59 g/t Gold and 1.5 Metres of 546 g/t Silver at the Sakami Gold Project in Quebec
Fury Gold Mines (TSX and NYSE American: FURY) has announced additional drilling results from its Sakami gold project in Quebec's James Bay region. The company completed 3,685 metres across seven holes spanning 2.5 kilometres of a 23 km long gold mineralized structure.
Key highlights include significant gold intercepts from drill holes: 25SK-002 with 49.5m of 0.6 g/t gold and 22.7m at 1.47 g/t gold, plus a notable silver discovery of 1.5m of 546 g/t silver; and 25SK-003 with impressive results of 59m of 1.59 g/t gold and 9.1m of 0.92 g/t gold. The 59m intercept represents the eighth highest grade-width intercept ever recorded at Sakami.
The mineralization remains open to the west and at depth, with a consistent high-grade gold core present within broader intervals. The project shows strong structural control and intense silicification, indicating a robust mineralized system.
Fury Gold Mines (TSX e NYSE American: FURY) ha comunicato nuovi risultati di perforazione dal suo progetto aurifero Sakami nella regione della Baia di James, Quebec. La società ha completato 3.685 metri in sette fori lungo 2,5 chilometri di una struttura mineralizzata aurifera lunga 23 km.
I punti salienti includono intercetti auriferi significativi: il foro 25SK-002 con 49,5 m a 0,6 g/t Au e 22,7 m a 1,47 g/t Au, oltre a una notevole scoperta d'argento di 1,5 m a 546 g/t Ag; e il 25SK-003 con risultati di rilievo pari a 59 m a 1,59 g/t Au e 9,1 m a 0,92 g/t Au. L'intercetto di 59 m rappresenta l'ottavo miglior prodotto gradi-larghezza mai registrato a Sakami.
La mineralizzazione resta aperta verso ovest e in profondità, con un nucleo aurifero ad alta tenore costante inserito in intervalli più ampi. Il progetto mostra un controllo strutturale marcato e intensa silicificazione, segni di un sistema mineralizzato solido.
Fury Gold Mines (TSX y NYSE American: FURY) ha anunciado resultados adicionales de perforación en su proyecto aurífero Sakami, en la región de la Bahía de James, Quebec. La compañía completó 3.685 metros en siete sondajes que abarcan 2,5 kilómetros de una estructura mineralizada en oro de 23 km de longitud.
Los aspectos más destacados incluyen intercepciones auríferas significativas: el taladro 25SK-002 con 49,5 m a 0,6 g/t de oro y 22,7 m a 1,47 g/t de oro, además de un notable hallazgo de plata de 1,5 m a 546 g/t de plata; y el 25SK-003 con resultados impresionantes de 59 m a 1,59 g/t de oro y 9,1 m a 0,92 g/t de oro. La intercepción de 59 m representa la octava mayor intersección grado-ancho registrada en Sakami.
La mineralización permanece abierta hacia el oeste y en profundidad, con un núcleo aurífero de alto grado consistente dentro de intervalos más amplios. El proyecto muestra un marcado control estructural e intensa silicificación, indicando un sistema mineralizado robusto.
Fury Gold Mines (TSX 및 NYSE American: FURY)가 캐나다 퀘벡 제임스베이 지역의 Sakami 금 프로젝트에서 추가 시추 결과를 발표했습니다. 회사는 23km 길이의 금(금화) 광화 구조 중 2.5km 구간에서 7개 홀에 걸쳐 총 3,685미터를 완료했습니다.
주요 내용은 다음과 같습니다. 시추공 25SK-002에서 49.5m 구간이 평균 0.6 g/t Au, 22.7m 구간이 1.47 g/t Au를 기록했으며, 1.5m 구간에서 546 g/t Ag의 주목할 만한 은(Ag) 발견이 있었습니다; 또한 25SK-003에서는 59m 구간이 1.59 g/t Au, 9.1m 구간이 0.92 g/t Au로 뛰어난 결과를 보였습니다. 이 59m 구간은 Sakami에서 기록된 등급-폭(grade-width) 기준으로 여덟 번째에 해당합니다.
광화는 서쪽 및 심부로 열려 있으며, 더 넓은 구간 내에 일관된 고등급 금 코어가 존재합니다. 프로젝트는 강한 구조적 제어와 강렬한 규질화(silicification)를 보여 견고한 광화계임을 시사합니다.
Fury Gold Mines (TSX et NYSE American : FURY) a annoncé des résultats de forage supplémentaires pour son projet aurifère Sakami dans la région de la baie James au Québec. La société a réalisé 3 685 mètres sur sept trous couvrant 2,5 kilomètres d'une structure minéralisée en or longue de 23 km.
Parmi les faits marquants figurent des intersections aurifères significatives : le forage 25SK-002 avec 49,5 m à 0,6 g/t Au et 22,7 m à 1,47 g/t Au, ainsi qu'une découverte argentifère notable de 1,5 m à 546 g/t Ag ; et 25SK-003 avec des résultats impressionnants de 59 m à 1,59 g/t Au et 9,1 m à 0,92 g/t Au. L'interception de 59 m représente la huitième meilleure intersection grade-largeur jamais enregistrée à Sakami.
La minéralisation reste ouverte vers l'ouest et en profondeur, avec un cœur aurifère à haute teneur constant au sein d'intervalles plus larges. Le projet présente un fort contrôle structural et une silicification intense, indiquant un système minéralisé robuste.
Fury Gold Mines (TSX und NYSE American: FURY) hat zusätzliche Bohrergebnisse von seinem Sakami-Goldprojekt in der James-Bay-Region Québecs veröffentlicht. Das Unternehmen hat 3.685 Meter in sieben Bohrlöchern abgeschlossen, die sich über 2,5 Kilometer einer 23 km langen goldmineralisierten Struktur erstrecken.
Wesentliche Ergebnisse umfassen bedeutende Goldintervalle: Bohrloch 25SK-002 mit 49,5 m bei 0,6 g/t Au und 22,7 m bei 1,47 g/t Au sowie eine auffällige Silberentdeckung von 1,5 m bei 546 g/t Ag; und 25SK-003 mit beeindruckenden Ergebnissen von 59 m bei 1,59 g/t Au und 9,1 m bei 0,92 g/t Au. Das 59-m-Intervall ist das achtbestbewertete Grade-Width-Intervall, das jemals in Sakami verzeichnet wurde.
Die Mineralisierung bleibt nach Westen und in die Tiefe offen, wobei innerhalb breiterer Intervalle ein konsistenter hochgradiger Goldkern vorhanden ist. Das Projekt zeigt eine starke strukturelle Kontrolle und intensive Silifizierung, was auf ein robustes mineralisiertes System hindeutet.
- Strong drill results including 59m of 1.59 g/t gold, ranking as 8th highest grade-width intercept at Sakami
- Discovery of high-grade silver mineralization with 1.5m of 546 g/t silver
- Mineralization remains open to the west and at depth, indicating expansion potential
- Consistent gold intercepts showing a robust mineralized system with structural control
- Results pending for remaining four drill holes
- Orientation of mineralized zones still unknown
Insights
Fury's Sakami drill results show impressive gold widths and high-grade silver discovery, indicating significant expansion potential along a major gold trend.
The latest drill results from Fury Gold's Sakami project represent a significant technical achievement in their exploration program. The intercept of
What's particularly compelling is the geological setting. The mineralization occurs along a regional shear zone marking the contact between two major geological sub-provinces (Opinaca and La Grande) - a classic structural trap for significant gold deposition. The intense silicification and consistent sulfide mineralization create a clearly identifiable exploration target that can be effectively traced and expanded.
The unexpected discovery of high-grade silver (
From an exploration perspective, the program has been highly efficient - testing
TORONTO, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Fury Gold Mines Limited (TSX and NYSE American: FURY) (“Fury” or the “Company”) is pleased to announce additional results from the inaugural drill campaign at the Sakami gold project located in the Eeyou Istchee Territory in the James Bay region of Northern Quebec (Figure 1). The 2025 diamond drill program focused on the down plunge and along strike extensions from historical drill intercepts, as well as exploring the previously undrilled Juliette geophysical anomaly. A total of 3,685 metres (m) have been completed in seven holes spanning approximately 2.5 kilometres (km) of a 23 km long district-scale gold mineralized structure.
Drill hole 25SK-002 was drilled 140 m below drill hole 25SK-001, where drill hole 25SK-003 was drilled 200 m below previous shallow drilling and 100 m to the west of drill hole 25SK-001, which intercepted five distinct zones of gold mineralization across a 140 m drilled length, including 41.5 m of 1.23 g/t gold (see news release dated August 12, 2025). Highlights from the additional drilling include 49.5 m of 0.6 g/t gold and 22.7 m at 1.47 g/t gold from drill hole 25SK-002, as well as 59 m of 1.59 g/t gold and 9.1 m of 0.92 g/t gold from drill hole 25SK-003 (Table 1). The reported intercepts leave the mineralization at La Pointe Extension open at depth and along strike to the west (Figures 1, 2, and 3).
Key takeaways:
- Gold mineralization remains open to the west with reported intercept from 25SK-003, 59 m of 1.59 g/t gold, the eighth highest overall intercept (grade x width) of all time at Sakami.
- Mineralization is structurally controlled, consistent, and identifiable by a large zone of intense silicification.
- The high-grade gold core persists to depth and remains open.
“We continue to see strong performance from Sakami, reinforcing our belief in the project’s exceptional growth and discovery potential,” commented Tim Clark, CEO of Fury. “The consistent gold intercepts, coupled with an exciting high-grade silver zone, indicate a potential robust and evolving mineralized system. These results underscore the value we’re building for our investors, and we remain confident in the significant upside that Sakami offers.”
As with drill hole 25SK-001, a high-grade core of gold mineralization is present within the broader intervals, which includes up to 27.7 m of 2.02 g/t gold and 3.0 m of 9.32 g/t gold from drill hole 25SK-003 (Figure 3). Additionally, drill hole 25SK-002 intercepted high-grade silver mineralization, 1.5 m of 546 g/t silver from 269.0 m downhole, in a moderately strained amphibole altered mafic volcanic unit that has seen little to no historical sampling. The 2025 diamond drill campaign at Sakami is now complete, and the Company looks forward to receiving the results from the remaining four drill holes in the coming weeks.
Table 1: Drilling Highlights
| Hole ID | From | To | Length (m) | Au (g/t) | |
| 25SK-002 | 379.5 | 429 | 49.5 | 0.6 | |
| Including | 383 | 387.5 | 4.5 | 1.23 | |
| and | 391 | 392 | 1 | 2.86 | |
| and | 403.5 | 405 | 1.5 | 1.43 | |
| and | 424.5 | 427.5 | 3 | 1.66 | |
| 440.8 | 463.5 | 22.7 | 1.47 | ||
| Including | 440.8 | 444 | 3.2 | 2.51 | |
| and | 446.5 | 447.5 | 1 | 2.9 | |
| and | 462 | 463.5 | 1.5 | 11.5 | |
| 25SK-003 | 414 | 473 | 59 | 1.59 | |
| Including | 437.5 | 465.2 | 27.7 | 2.02 | |
| and | 470 | 473 | 3 | 9.32 | |
| 486.9 | 496 | 9.1 | 0.92 | ||
| Including | 490.3 | 496 | 5.7 | 1.1 | |
Main intervals – Au grade*thickness no less than 0.25g/t*m with grade is no less than 0.25g/t, maximum consecutive dilution 6m; Sub-Intervals were calculated using Au grade*thickness no less than 2.0g/t*m with grade no less than 1.0g/t, maximum consecutive dilution 2m. | |||||
Sakami Project
The Sakami project covers approximately 14,250 hectares (ha) 30 km to the east of the paved Billy Diamond Highway. The Project straddles the prospective structural corridor marking the contact between the Opinaca and La Grande Geological sub-provinces, where gold mineralization has been identified over a distance of more than 23 km (Figure 1). Gold mineralization is located at the base of a sulphide-rich horizon within a zone of intense pervasive silicification located along a regional shear zone, marking the contact between the two geological sub-provinces.
A total of seven diamond drill holes totaling approximately 3,685 m were completed during the 2025 campaign. Six holes targeted the down plunge and along strike extensions of previously identified gold mineralization across 650 m of strike length at the La Pointe Extension target. Historical drilling has intercepted gold mineralization across widths of up to 75 m and to a depth of up to 500 m below surface. All 2025 drill holes completed at La Pointe Extension have intercepted zones of intense silicification with sulphide mineralization typical of the previously identified gold mineralization.
The other 2025 drill hole targeted the previously undrilled Juliette target, located 1 km south of La Pointe Extension. Juliette has a similar Induced Polarization (IP) geophysical chargeability signature to the La Pointe and La Pointe Extension targets and represents an excellent opportunity to discover additional gold mineralization along the highly prospective 23 km long gold-bearing structure. Drill hole 25SK-006 intercepted a zone of intense silicification with sulphide mineralization, which correlates to the IP chargeability anomaly. Results are pending for this hole.
Figure 1: Plan map of the Sakami Gold Project.
Figure 2: Plan Map of the drilling completed to date by Fury at the Sakami gold project.
Figure 3: 25SK-001 and 25SK-002 section showing the location of the reported 2025 drill intercept in relation to historical drilling. The core photos display the style of mineralization which hosts the gold mineralization.
Figure 4: 25SK-003 section showing the location of the reported 2025 drill intercept in relation to historical drilling. The core photos display the style of mineralization which hosts the gold mineralization.
“The widths and consistency of gold mineralization being intercepted at Sakami speak to the presence of a large, robust mineralizing system. Not only does the project host a broad zone of moderate-grade mineralization with an intriguing high-grade core, but it also now hosts high-grade silver mineralization in a geological setting that has not been the focus of previous explorers. It seems we may have underestimated the potential of Sakami, and we look forward to receiving the remainder of the results and planning a follow-up drilling,” commented Bryan Atkinson, P.Geol., SVP Exploration of Fury.
Sampling and Assaying Disclosure
2025 Fury Drilling
Analytical samples for the Drill Program were taken by sawing NQ diameter core into equal halves on site with one half sent to ALS Chemex in Sudbury, Ontario, Canada for preparation and analysis. All samples were assayed using a 50 g nominal weight fire assay with inductively coupled plasma – atomic emission spectrometry finish (Au-ICP22) and multi-element four acid digest ICP-AES/ICP-MS method (ME-MS61). Where Au-ICP22 results were greater than 0.5 ppm Au the assay was repeated with a 50 g nominal weight fire assay with atomic absorption finish (Au-AA24). Samples containing more than 10 ppm by Au-AA24 were re-assayed with 50 g nominal weight fire assay with gravimetric finish (Au-GRA22). QA/QC programs using internal standard samples, field and lab duplicates and blanks indicate good overall accuracy and precision.
Historical Sakami Diamond Drilling
Analytical samples were taken by manually splitting NQ diameter core into equal halves on site with one half being sent to ALS Chemex in Val D’or, QC for preparation and analysis. All samples were assayed using a 30 g nominal weight fire assay with atomic absorption finish (Au-AA24). QA/QC programs using internal standard samples, field and lab duplicates and blanks indicate good overall accuracy and precision. Fury has completed a review of the historical Sakami drill database and found no significant errors. Reported intervals were calculated using Au grade*thickness no less than 2.0g/t*m with grade no less than 1.0g/t, maximum consecutive dilution 2m. Due to the unknown orientation of the zones downhole thickness was used.
Valérie Doyon, P.Geo, Senior Project Geologist at Fury, is a "qualified person" within the meaning of Canadian mineral projects disclosure standards instrument 43-101 and has reviewed and approved the technical disclosures in this press release.
About Fury Gold Mines Limited
Fury Gold Mines Limited is a well-financed Canadian-focused exploration company positioned in two prolific mining regions across Canada and holds an 11.8 million common share position in Dolly Varden Silver Corp (
For further information on Fury Gold Mines Limited, please contact:
Margaux Villalpando, Manager Investor Relations
Tel: (844) 601-0841
Email: info@furygoldmines.com
Website: www.furygoldmines.com
Forward-Looking Statements and Additional Cautionary Language
This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of applicable securities laws, which statements relate to the future exploration operations of the Company and may include other statements that are not historical facts. Forward-looking statements contained in this release primarily relate to statements that suggest that future work at Sakami will potentially increase or upgrade the gold resources.
Although the Company believes that the assumptions and expectations reflected in those forward-looking statements were reasonable at the time such statements were made, there can be no certainty that such assumptions and expectations will prove to be materially correct. Mineral exploration is a high-risk enterprise.
Readers should refer to the risks discussed in the Company's Annual Information Form and MD&A for the year ended December 31, 2024 and subsequent continuous disclosure filings with the Canadian Securities Administrators available at www.sedarplus.ca and the Company's Annual Report available at www.sec.gov. Readers should not place heavy reliance on forward-looking information, which is inherently uncertain.
Figures accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/c3699a81-58a4-4557-aad2-e58713468844
https://www.globenewswire.com/NewsRoom/AttachmentNg/49ee5cb6-b4f7-47b7-b043-c06a893f3b7e
https://www.globenewswire.com/NewsRoom/AttachmentNg/ed3137f7-d6b0-4b13-82f0-f58c82fe3f4f
https://www.globenewswire.com/NewsRoom/AttachmentNg/a81c25f0-849b-45a7-813b-d25b0677403e
FAQ
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