Fury Appoints Senior Director, Environment and Permits

Fury Gold Mines (TSX, NYSE American: FURY) appointed Annie Blier as Senior Director, Environment and Permits.

Rhea-AI Summary

Fury Gold Mines (TSX, NYSE American: FURY) appointed Annie Blier as Senior Director, Environment and Permits. She will lead environmental strategy, technical studies, and the permitting roadmap for the Eau Claire high-grade gold project, while supporting engagement with Indigenous Nations and local communities.

With over 20 years of mining experience, Blier has managed impact assessments, coordinated authorizations, and led multi-disciplinary teams at firms such as IAMGOLD and Hecla Québec. She holds degrees in biochemistry and environment from Sherbrooke University and is a registered chemist in Québec.

Argus May 12 session

+3.71% close to close Open Argus

Details

News Market Reaction – FURY

In the May 12 session, FURY gained 3.71%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement adds an experienced Senior Director, Environment and Permits to guide Eau Claire’s...

Analysis

This announcement adds an experienced Senior Director, Environment and Permits to guide Eau Claire’s path toward feasibility, reinforcing earlier steps like baseline studies and project development hires. The focus on environmental strategy, permitting, and Indigenous and community engagement may be important as the project advances. Investors may watch for future milestones such as permitting submissions, updated technical studies, and how these align with Fury’s broader drilling and development plans at Eau Claire and Sakami.

Key Figures

Mining experience: over 20 years Professional registration: since 1995 Current share price: $0.5978 +5 more

Mining experience

over 20 years

Experience of new Senior Director, Environment and Permits

Professional registration

since 1995

Registered chemist with Ordre des chimistes du Québec

Current share price

$0.5978

Pre‑news trading level on 2026‑05‑12

52-week high

$1.02

Compared with current price for FURY

52-week low

$0.3551

Compared with current price for FURY

Shares outstanding

189,143,299

Common shares outstanding as of Dec 31, 2025 (Form 40-F)

Sakami resource tonnage

23,887,000 tonnes

Inferred open-pit–constrained resource at 1.07 g/t Au

Recommended work budget

C$8.0 million

Two-phase work program at Sakami project

Historical Context

5 past events · Latest: Apr 28

5 events

1. Apr 28

   Environmental studies launch

   24h Move

   -1.8%

   Started two-year environmental baseline study at 100%‑owned Eau Claire project.

2. Apr 23

   Drill results update

   24h Move

   -3.1%

   Reported Phase 1 drilling with 12.50 g/t Au over 7.02 m at Eau Claire.

3. Apr 07

   Senior VP appointment

   24h Move

   -1.2%

   Appointed Vice President, Project Development to advance Eau Claire to feasibility.

4. Mar 17

   Drilling results

   24h Move

   +0.1%

   Released initial Phase 1 drill results including 11.74 g/t Au over 6.63 m.

5. Jan 26

   Board appointment

   24h Move

   -4.3%

   Added experienced mining executive Phillips Baker as independent director.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

permitting roadmap, environmental and social impact assessments, environmental management systems

3 terms

permitting roadmap regulatory

"will lead the environmental strategy, technical studies, and permitting roadmap required"

A permitting roadmap is a clear sequence and timeline of the government approvals and permits a project needs before it can be built or operate, such as environmental clearances, construction permits, or operating licenses. Like a step-by-step checklist for building a house that shows which inspections and approvals come when, it helps investors judge how long a project will take, how much regulatory risk and cost remain, and whether timelines and budgets are realistic.

environmental and social impact assessments regulatory

"has managed environmental and social impact assessments, coordinated provincial and federal"

Environmental and social impact assessments are systematic reviews that evaluate how a project or business activity affects the natural environment, local communities, workers and public health. They matter to investors because the findings reveal regulatory risks, potential cleanup or mitigation costs, and community opposition that can delay or reduce returns—like a home inspection that uncovers hidden problems before you buy, helping assess whether the investment’s rewards justify the risks.

environmental management systems technical

"and implemented environmental management systems across project life cycles"

A coordinated set of policies, procedures and practices a company uses to identify, control and improve its environmental impacts—think of it as a maintenance checklist and reporting system that keeps operations from harming air, water, land or wasting resources. Investors care because a strong system reduces the risk of fines, cleanup costs and reputational damage, can lower operating expenses through efficiency, and signals management is actively protecting the company’s long‑term value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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TORONTO, May 12, 2026 (GLOBE NEWSWIRE) -- Fury Gold Mines Limited (TSX and NYSE American: FURY) (“Fury” or the “Company”) is pleased to announce the appointment of Annie Blier, as Senior Director, Environment and Permits, who will lead the environmental strategy, technical studies, and permitting roadmap required to advance the Eau Claire high-grade gold project (“Eau Claire” or the “Project”) towards feasibility, while supporting proactive, respectful engagement with Indigenous Nations and local communities.

With over 20 years of mining experience, Ms. Blier has managed environmental and social impact assessments, coordinated provincial and federal authorizations, and implemented environmental management systems across project life cycles—from exploration and construction through operations and closure. Her background includes leading multi-disciplinary teams, managing technical consultants, and maintaining strong working relationships with regulators and government agencies to deliver on permitting schedules and compliance commitments. Ms. Blier has held senior positions at various mining companies, including Director of Sustainable Development at IAMGOLD Corporation for 15 years, and Hecla Québec.

Ms. Blier also brings deep experience in Indigenous and community relations, including supporting consultation processes, establishing stakeholder communication tools, and participating in negotiations that have led to agreements and cooperation frameworks. Her approach integrates environmental performance with meaningful engagement—helping projects identify and manage key environmental and social risks early.

“We are pleased to welcome Annie to the Fury team as we advance Eau Claire towards feasibility. Annie’s contribution will be instrumental in defining and executing a clear environmental and permitting roadmap, ensuring that scope, sequencing, budgets, and critical path activities are aligned with our development objectives,” commented Tim Clark, CEO of Fury. “We also look forward to strengthening Indigenous and community engagement practices as we incorporate community perspectives into project design, and build the trust required for long-term, responsible development.”

Ms. Blier holds a Bachelor’s degree in biochemistry and a Master’s degree in environment from Sherbrooke University, and she is a registered chemist with the Ordre des chimistes du Québec since 1995.

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 a 5.8% equity position in Contango Silver and Gold Inc. Led by a management team and board of directors with proven success in financing and advancing exploration assets, Fury intends to grow its multi-million-ounce gold platform through rigorous project evaluation and exploration excellence. Fury is committed to upholding the highest industry standards for corporate governance, environmental stewardship, community engagement and sustainable mining.

For more information on Fury Gold Mines, visit www.furygoldmines.com.

For further information on Fury Gold Mines Limited, please contact:
Salisha Ilyas, Investor Relations
Tel: (844) 601-0841
Email: info@furygoldmines.com
Website: www.furygoldmines.com

Forward-Looking Statements and Additional Cautionary Language

This news 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. Specific forward-looking statements contained in this news release includes information relating to the Company’s ongoing exploration program at the Eau Claire project.

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, 2025 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who was appointed as Senior Director, Environment and Permits at Fury Gold Mines (FURY)?

Fury Gold Mines appointed Annie Blier as Senior Director, Environment and Permits. According to Fury, she brings over 20 years of mining experience in environmental management, permitting, and community relations across project stages from exploration to closure.

What will Annie Blier oversee at Fury Gold Mines (TSX:FURY) for the Eau Claire project?

Annie Blier will lead the environmental strategy, technical studies, and permitting roadmap for the Eau Claire high-grade gold project. According to Fury, she will also support proactive engagement with Indigenous Nations and local communities throughout project advancement.

What experience does Annie Blier bring to Fury Gold Mines (NYSE American:FURY)?

Annie Blier brings over 20 years of mining-sector experience in environmental and social impact assessments and permitting. According to Fury, she has held senior roles at IAMGOLD and Hecla Québec and led multi-disciplinary teams and regulatory relationships across project life cycles.

How will the new Senior Director, Environment and Permits role support Indigenous engagement at Fury (FURY)?

The role includes supporting proactive, respectful engagement with Indigenous Nations and local communities. According to Fury, Annie Blier has experience in consultation processes, stakeholder communication tools, and negotiations that have resulted in agreements and cooperation frameworks.

What is Annie Blier’s educational background relevant to her role at Fury Gold Mines (FURY)?

Annie Blier holds a Bachelor’s degree in biochemistry and a Master’s degree in environment from Sherbrooke University. According to Fury, she has also been a registered chemist with the Ordre des chimistes du Québec since 1995.

Why did Fury Gold Mines (FURY) add a Senior Director, Environment and Permits position?

Fury created this role to define and execute a clear environmental and permitting roadmap for advancing Eau Claire toward feasibility. According to Fury, the position aims to align scope, sequencing, budgets, and critical activities with development objectives.