Fury Gold Mines Advances Eau Claire Project with Pre-Feasibility Study Work

Fury Gold Mines Limited has initiated pre-feasibility study (PFS) work for its Eau Claire gold project located in Quebec, Canada. The company has contracted with industry-leading consulting firms to advance this significant development stage.

The Eau Claire project has yielded positive results from previous drilling campaigns, including intercepts with high gold grades. The company has also successfully completed infill drilling programs and metallurgical testing to assess and enhance the project's resource potential.

The objective of the PFS is to evaluate the economic and technical viability of the project for mining operations. Studies will focus on resource modeling, mine plan development, processing method optimization, and environmental impact assessments.

Past announcements by Fury Gold Mines have detailed significant gold mineralization at Eau Claire. A January 2024 release reported a 7.86 g/t gold intercept over 9.43 meters from infill drilling. An update in May 2026 highlighted further high-grade gold intercepts, including 12.50 g/t gold over 7.02 meters.

These actions signify Fury Gold Mines' strategic approach to project development, aiming to transition potential gold reserves into a producing mine.