BackSummary
Fury Gold Mines reports high-grade gold intercepts from Phase 1 drilling at Eau Claire, including 12.50 g/t over 7.02m outside the block model, indicating resource growth potential.
Key takeaways
- Hole 26EC-101 intersected 12.50 g/t Au over 7.02m true thickness, 45m down-plunge from 26EC-099, outside current block model.
- Hole 26EC-097 intersected 3.92 g/t Au over 6.92m in inferred resource area, supporting conversion potential.
- Phase 1 drilling completed 21 holes (12,700m) with results from 18 holes and partial from 19th; six holes returned significant intercepts.
- Phase 2 drilling (15,000-25,000m) underway with 8 holes (3,390m) completed, focused on converting inferred resources.
- CEO Tim Clark states drilling reinforces continuity and growth outside PEA mineable portion.