Fury Drilling at Committee Bay Extends Three Bluffs Mineralization and Expands Raven Target
Fury (TSX/NYSE American: FURY) reported results from its 2025 Committee Bay exploration drill program: six diamond holes totaling ~2,778 m. Four holes (2,041 m) targeted the Three Bluffs Shear Zone and intercepted gold across 315 m of strike with mineralized widths up to 19.5 m, including 5.73 g/t Au over 3.0 m inside 1.18 g/t over 19.5 m in hole 25TB155 (hole ended in mineralization).
Two holes (737 m) tested the Raven shear, with a 330 m step-out hole 25RV015 returning 4.59 g/t Au over 1.5 m and hole 25RV016 returning 1.01 g/t Au over 14.5 m (incl. 4.65 g/t over 1.5 m). The release restates the Three Bluffs inferred and indicated resource of 1.244 million oz Au combined (524k oz indicated at 7.85 g/t; 720k oz inferred at 7.64 g/t). QA/QC notes indicate assay variability on a specific interval where metallic screen re-testing showed no significant gold.
Fury (TSX/NYSE American: FURY) ha riportato i risultati del suo programma di trivellazione esplorativa 2025 di Committee Bay: sei fori di perforazione a diamante per un totale di ~2.778 m. Quattro fori (2.041 m) hanno mirato la Three Bluffs Shear Zone e hanno intercettato oro su 315 m di estensione con larghezze mineralizzate fino a 19,5 m, inclusi 5,73 g/t Au su 3,0 m all'interno di 1,18 g/t su 19,5 m nel foro 25TB155 (foro terminato in mineralizzazione).
Due fori (737 m) hanno testato la Raven shear, con un foro di step-out di 330 m 25RV015 che ha restituito 4,59 g/t Au su 1,5 m e 25RV016 che ha restituito 1,01 g/t Au su 14,5 m (incl. 4,65 g/t su 1,5 m). Il comunicato riporta nuovamente la risorsa Three Bluffs dedotta e indicata di 1,244 milioni di oz Au complessive (524k oz indicati a 7,85 g/t; 720k oz dedotti a 7,64 g/t). Note QA/QC indicano variabilità degli esami su un intervallo specifico dove la rivalutazione metallurgica ha mostrato nessun oro significativo.
Fury (TSX/NYSE American: FURY) informó resultados de su programa de perforación de exploración Committee Bay 2025: seis agujeros de diamante por un total de ~2.778 m. Cuatro agujeros (2.041 m) se orientaron a la Three Bluffs Shear Zone y detectaron oro a lo largo de 315 m de trazo con anchuras mineralizadas de hasta 19,5 m, incluyendo 5,73 g/t Au sobre 3,0 m dentro de 1,18 g/t sobre 19,5 m en el agujero 25TB155 (el agujero terminó en mineralización).
Dos agujeros (737 m) probaron la Raven shear, con un agujero de expansión de 330 m 25RV015 que arrojó 4,59 g/t Au sobre 1,5 m y 25RV016 que arrojó 1,01 g/t Au sobre 14,5 m (incl. 4,65 g/t sobre 1,5 m). El comunicado reitera la reserva inferida e indicada de Three Bluffs de 1,244 millones de oz Au en total (524k oz indicados a 7,85 g/t; 720k oz inferidos a 7,64 g/t). Las notas QA/QC señalan variabilidad en un intervalo específico donde la re-prueba metalúrgica mostró que no había oro significativo.
Fury (TSX/NYSE American: FURY) 는 Committee Bay 탐사 드릴 프로그램 2025의 결과를 발표했습니다: 다이아몬드 구멍 6개 총 길이 약 2,778 m. 네 개 구멍(2,041 m)은 Three Bluffs Shear Zone를 대상으로 하여 315 m의 스트라이크를 따라 금을 검출했고 광물화 폭은 최대 19.5 m에 이르며, 1.18 g/t Au가 19.5 m 전체에 걸쳐 존재하는 구멍 25TB155 내의 3.0 m에서 5.73 g/t Au를 포함했습니다(구멍은 광물화에서 종료).
두 구멍(737 m)은 Raven 절흔을 시험했고, 330 m의 스텝아웃 구멍 25RV015는 1.5 m에서 4.59 g/t Au를 반환했고 25RV016은 14.5 m에서 1.01 g/t Au를 반환했습니다(포함. 1.5 m에서 4.65 g/t). 발표는 Three Bluffs의 추정 및 표시된 자원 1.244 백만 oz Au 합계를 재확인합니다(7.85 g/t에서 표시된 524k oz; 7.64 g/t에서 추정 720k oz). QA/QC 주석은 특정 구간에서 분석 편차가 있음을 나타내며 금속 재시험에서 금이 유의미하게 검출되지 않음을 보여줍니다.
Fury (TSX/NYSE American: FURY) a publié les résultats de son programme de forage d'exploration Committee Bay 2025: six forages à diamant pour un total d'environ 2 778 m. Quatre forages (2 041 m) ciblaient la zone de cisaillement de Three Bluffs et ont intercepté de l'or sur 315 m de strike avec des largeurs minéralisées allant jusqu'à 19,5 m, y compris 5,73 g/t Au sur 3,0 m à l'intérieur de 1,18 g/t sur 19,5 m dans le trou 25TB155 (trou terminé en minéralisation).
Deux forages (737 m) ont testé la Raven shear, avec un trou de pas-out de 330 m 25RV015 retournant 4,59 g/t Au sur 1,5 m et le 25RV016 retournant 1,01 g/t Au sur 14,5 m (incl. 4,65 g/t sur 1,5 m). Le communiqué réaffirme la ressource Three Bluffs déduite et indiquée de 1,244 million d'oz d'Au au total (524k oz indiqués à 7,85 g/t; 720k oz inférés à 7,64 g/t). Des notes QA/QC indiquent une variabilité des analyses sur un intervalle spécifique où le réexamen métallographique n'a pas montré d'or significatif.
Fury (TSX/NYSE American: FURY) berichtete Ergebnisse aus dem Explorationsbohrprogramm Committee Bay 2025: sechs Diamant-Bohrlöcher mit insgesamt ca. 2.778 m. Vier Löcher (2.041 m) richteten sich auf die Three Bluffs Shear Zone und trafen Gold über 315 m Strike mit mineralisierten Breiten bis zu 19,5 m, darunter 5,73 g/t Au über 3,0 m innerhalb von 1,18 g/t über 19,5 m im Bohrloch 25TB155 (Bohrloch endete in Mineralisierung).
Zwei Löcher (737 m) testeten die Raven Shear, wobei ein 330 m Step-Out-Bohrloch 25RV015 4,59 g/t Au über 1,5 m ergab und 25RV016 1,01 g/t Au über 14,5 m (einschl. 4,65 g/t über 1,5 m). Die Meldung bestätigt erneut die Three Bluffs inferred- und indicated-Resourcen von 1,244 Millionen Unzen Au insgesamt (524k Unzen indicierte bei 7,85 g/t; 720k Unzen inferred bei 7,64 g/t). QA/QC-Hinweise weisen auf eine Probenvariabilität in einem bestimmten Intervall hin, wo eine metallische Neuprobe kein signifikantes Gold zeigte.
Fury (TSX/NYSE American: FURY) أبلغت عن نتائج برنامج حفر استكشافي Committee Bay لعام 2025: ستة آبار حفر ماسي إجمالاً حوالي 2,778 م. أربعة آبار (2,041 م) استهدفت منطقة Three Bluffs Shear Zone وقذفت ذهباً على مدى 315 م من الخط مع أقطار معدنية حتى 19.5 م، بما في ذلك 5.73 g/t Au على 3.0 م داخل 1.18 g/t على 19.5 م في البئر 25TB155 (انتهى البئر عند التكوين المعدني).
بئران (737 م) اختبرتا Raven shear، مع بئر خطوة خارج 330 م 25RV015 أرجع 4.59 g/t Au على 1.5 م وبئر 25RV016 أرجع 1.01 g/t Au على 14.5 م (شامل 4.65 g/t على 1.5 م). يعيد البيان تأكيد موراد Three Bluffs المفترض والمبين بإجمالي 1.244 مليون أونصة من الذهب (524k أونصة مبينة عند 7.85 g/t؛ 720k أونصة مفترضة عند 7.64 g/t). تشير ملاحظات QA/QC إلى تباين في التحليل على مقطع محدد حيث أظهرت إعادة فحص معدنية عدم وجود ذهب ذو دلالة.
- Six-hole program totaling 2,778 m completed
- Three Bluffs mineralization extended across 315 m of strike
- Significant Three Bluffs intercept: 5.73 g/t Au over 3.0 m
- Raven step-out: 4.59 g/t Au over 1.5 m
- Restated Three Bluffs resources: 524k oz indicated and 720k oz inferred
- High assay variability on interval in hole 25TB153 with metallic screen repeating indicating no significant gold
- Hole 25TB155 ended in mineralization due to drilling complications
Insights
Drill results on
Four step‑out holes at Three Bluffs intercepted sulphide‑bearing, silica‑sericite altered sheared metasediments across a 315m strike, including a broad 19.5m interval grading 1.18 g/t with a higher 3.0m core at 5.73 g/t; drill hole 25TB155 ended in mineralization. Two holes at Raven tested the southern shear contact and returned 4.59 g/t over 1.5m and 1.01 g/t over 14.5m, confirming continuity and extending mineralization 330m from prior drilling. These are exploration‑stage extensional results that confirm target continuity rather than deliver a resource upgrade.
The primary dependency is grade continuity; reported mineralization is variably distributed with narrow high‑grade subintervals inside broader, lower‑grade envelopes. QA/QC notes mention metallic screen repeats and variable results on one interval, so assay variability and geometry (downhole thicknesses with unknown true widths) are key risks to resource conversion. Follow‑up work should focus on infill and orientation drilling to define true widths and chase high‑grade shoots using the 2021 and 2025 vectors, with a sensible near‑term horizon of the next 6–18 months for a targeted program and structural reinterpretation.
TORONTO, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Fury Gold Mines Limited (TSX and NYSE American: FURY) (“Fury” or the “Company”) announces the results from the 2025 exploration drilling program at the Committee Bay project, located in the eastern Kitikmeot region of Nunavut, Canada (Figure 1). The 2025 drilling program comprised six (6) diamond drill holes totaling approximately 2,778 metres (m). Four of the drill holes (2,041m), targeting expansion of the Three Bluffs Shear Zone intercepted gold mineralization across 315m of strike with mineralized widths of up to 19.5m, including 5.73 grams per tonne (g/t) gold across 3.0m within a broader interval of 1.18 g/t gold over 19.5m (Hole 25TB155), which ended in the mineralized zone (Table 1; Figure 2).
The remaining two drill holes, which totaled 737m, tested the southern contact of the 8 kilometre (km) long Raven Shear Zone, which historically returned drill intercepts of up to 12.60 g/t gold over 5.49m and 31.1 g/t gold across 2.8m with outcropping gold mineralization defined over 1.4 km. Hole 25RV015, which was a 330m step-out from previous drilling intercepted 4.59 g/t gold over 1.5m (Table 1; Figure 3).
“Our 2025 exploration drilling in Nunavut successfully extended mineralization at Three Bluffs and validated the Raven Target. We are encouraged by the results encountered this year and believe that there is good potential to further expand the known gold zones at Committee Bay, which the Company will be evaluating with the aim of planning a future work program,” commented Tim Clark, CEO of Fury.
Table 1: 2025 Committee Bay Project Drilling selected highlights.
| Prospect | Drill Hole | From | To | Interval (m) | Gold (g/t) | |
| Three Bluffs | 25TB153 | 325 | 326.5 | 1.5 | 1.48 | |
| 355 | 373 | 18 | 0.81 | |||
| Incl. | 355 | 356.5 | 1.5 | 3.82 | ||
| * | 395.5 | 409 | 13.5 | 0.93 | ||
| Incl. | 401.5 | 403 | 1.5 | 4.07 | ||
| * | 418 | 421 | 3 | 1.17 | ||
| 25TB155 | 517.5 | 519 | 1.5 | 0.45 | ||
| 528 | 547.5 | 19.5 | 1.18 | |||
| Incl. | 534 | 537 | 3 | 5.73 | ||
| 25TB156 | 476.5 | 485.5 | 9 | 0.69 | ||
| 493 | 494 | 1 | 0.26 | |||
| 521.5 | 523 | 1.5 | 0.36 | |||
| 25TB157 | 328.5 | 330 | 1.5 | 0.35 | ||
| 358.5 | 369.5 | 11 | 1.19 | |||
| Incl. | 363.5 | 365 | 1.5 | 6.66 | ||
| 381.5 | 383 | 1.5 | 0.32 | |||
| 440 | 441.5 | 1.5 | 0.31 | |||
| 468.5 | 471.5 | 3 | 0.27 | |||
| Raven | 25RV015 | 348.5 | 350 | 1.5 | 4.59 | |
| 25RV016 | 25.5 | 40 | 14.5 | 1.01 | ||
| Incl. | 38.5 | 40 | 1.5 | 4.65 | ||
| Intervals - Au grade*thickness no less than 0.25 g/t*m with grade no less than 0.25 g/t, maximum consecutive dilution 6 m; Sub-Intervals - Au grade*thickness no less than 5 g/t*m with grade no less than 2.05 g/t, maximum consecutive dilution 2.5 m. Downhole thickness was used due to the unknown zone orientations. *Repeat assays on this interval using Metallic Screen Fire assay methodology indicate a high degree of variability with the interval containing no significant gold. | ||||||
Three Bluffs Shear Zone
The high-grade Three Bluffs Gold deposit is located centrally within the Committee Bay project and is estimated to contain 524,000 oz of gold in 2.1 million tonnes (Mt) at 7.85 g/t gold in the indicated mineral resource category and 720,000 oz in 2.9Mt of gold at 7.64 g/t gold in the inferred mineral resource category (see Committee Bay NI43-101 report “Technical Report on the Committee Bay Project, Nunavut Territory, Canada” dated September 11, 2023”). Drilling in 2021 at Three Bluffs intercepted three zones of mineralization: 13.93 g/t gold over 10m; 18.67 g/t gold over 3m; and 23.2 g/t gold over 1m (see News Release dated December 1, 2021). The first two noted intercepts occur outside of the main iron formation in sheared metasediments. The shear hosted mineralization runs sub-parallel to the main iron formation and was not previously targeted.
The 2025 drilling at Three Bluffs targeted the sub-parallel shear zone as well as the iron formation itself with four step-outs from the 2021 intercept (Figure 2). All four drill holes intercepted broad zones of sulphide bearing silica-sericite alteration within sheared metasediments. Gold mineralization was intercepted across 315m of strike. Hole 25TB155, which ended in mineralization (due to drilling complications) intercepted 1.18 g/t over 19.5m, including 5.73 g/t gold across 3.0m. The mineralization intercepted to date within the Three Bluffs Shear Zone runs sub parallel to the over 4 km long Three Bluffs Gold deposit. The 2025 drilling at Three Bluffs has shown that the sheared metasediments are mineralized across broad widths and significant strike extent. Further drilling will utilize the 2021 and 2025 results to vector in on higher grade shoots within the shear zone.
“The 2025 drilling at Three Bluffs has confirmed that previously under explored regional scale shear zones contain strong alteration and gold mineralization across significant widths. As is typical with high-grade orogenic gold systems, gold mineralization within the Three Bluffs shear is highly variable over short distances. In the coming months the Fury team will be reviewing the structure, lithology, alteration and mineralization at Three Bluffs to better understand the controls on high-grade gold mineralization,” commented Bryan Atkinson, P.Geo., SVP Exploration of Fury.
Figure 1: Committee Bay regional land package showing the location of the Three Bluffs Deposit, drill-ready targets, as well as the distribution of gold prospects across the 300 km long greenstone belt.
Figure 2: Composite Long Section depicting the location of the 2021 and 2025 drill intercepts in relation to the existing Three Bluffs Mineral Resource.
Raven Prospect
The Raven prospect is located in the southwest third of the Committee Bay gold belt, approximately 50 km west of the Three Bluffs deposit. The 2025 drilling program targeted the southern boundary of a regional shear zone where a previously undrilled gold-bearing outcrop was discovered in 2021. Seven rock grab samples collected from this outcrop in 2021 averaged 16.12 g/t gold (Figure 3) (see news release dated February 16, 2022). Raven lies within an 8 km long east – west oriented shear zone where gold mineralization has been identified over a 1.4 km footprint to date. Two drill holes were completed in 2025 for approximately 737m. Drill hole 25RV015 extended mineralization 330m to the west of historical drilling intercepting 4.59 g/t gold over 1.5m in an arsenopyrite bearing silica-sericite altered felsic volcanic proximal to the southern boundary of the Raven Shear. Drill hole 25RV016 intercepted a zone of strong silica sericite alteration with abundant quartz veining and arsenopyrite, which returned an intercept of 1.01 g/t gold across 14.5m, including 4.65 g/t gold of 1.5m. The two reported Raven intercepts are 430m apart (Figure 3).
Figure 3: Illustrates the location of the 2025 Raven drilling within the 8 km Raven shear zone.
Bryan Atkinson, P.Geo, Senior Vice President Exploration at Fury, is a “qualified person” within the meaning of Canadian National Instrument 43-101 – Standards of Disclosure for Mineral Projects and has reviewed and approved the technical disclosures in this news release.
Analytical samples were taken by sawing NQ diameter core into equal halves on site and sent one of the halves to AGAT Lab in Thunder Bay, ON for preparation and gold assay and then to AGAT Lab in Calgary, AB for multielement analysis. All samples are assayed using 50g nominal weight fire assay with atomic absorption finish (AGAT method 202-551) and multi-element four acid digest ICP-OES/MS method (AGAT method 201-071). For a series of samples from the interval of high gold variability in hole 25TB153 assay were repeated with metallic screening procedure (AGAT method 202-121) on a 1000g pulp split. QA/QC programs using internal standard samples, field and lab duplicates and blanks indicate good accuracy.
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 11.3 million common share position in Dolly Varden Silver Corp (approximately
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 2025 exploration program at the Committee Bay 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, 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.
Images accompanying this announcement are available at
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FAQ
What were the 2025 Committee Bay drill totals reported by Fury (FURY)?
How far did the Three Bluffs mineralization extend in Fury's Nov 10, 2025 release?
What notable gold intercepts did Fury report at Three Bluffs (FURY) in 2025?
What did Fury report from the Raven target in the 2025 drill program?
What is the Three Bluffs mineral resource cited by Fury (FURY)?
Were there any assay or sampling concerns noted in Fury's 2025 Committee Bay update?
