High-grade Eau Claire drill hits for Fury Gold Mines (NYSE: FURY)
Rhea-AI Filing Summary
Fury Gold Mines Limited reported new drill results from Phase 1 of its 13,000-metre exploration program at the Eau Claire gold project in Northern Quebec. The standout intercept was hole 26EC-101, which cut 12.50 g/t gold over 7.02 metres in an inferred portion of the resource, outside the current block model, suggesting potential to extend known high-grade zones.
Another infill hole, 26EC-097, returned 3.92 g/t gold over 6.92 metres, further supporting conversion of inferred resources to higher-confidence categories. Phase 1 comprised 21 holes totalling about 12,700 metres, with 18 holes fully assayed.
The company has already completed eight holes, or 3,390 metres, in a fully financed Phase 2 campaign targeting 15,000 to 25,000 metres of additional drilling aimed at growing the Indicated mineral resource. Fury also holds a 5.8% equity position in Contango Silver and Gold Inc. and highlights strong QA/QC procedures and compliance with NI 43-101 standards.
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Key Figures
Key Terms
inferred portion of the Eau Claire mineral resource financial
block model financial
preliminary economic assessment financial
Indicated mineral resource category financial
QA/QC programs financial
instrument 43-101 financial
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of April 2026
Commission File Number: 001-38145
Fury Gold Mines Limited
(Translation of registrant's name into English)
1630-1177 West Hastings Street
Vancouver, BC, V6E 2K3 Canada
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [ ] Form 40-F [ X ]
EXHIBIT INDEX
| Exhibit Number | Description | |
| 99.1 | Press Release dated April 23, 2026 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Fury Gold Mines Limited | ||
| (Registrant) | ||
| Date: April 23, 2026 | /s/ Phil van Staden | |
| Phil van Staden | ||
| Chief Financial Officer | ||
EXHIBIT 99.1
Fury Intercepts 12.50 g/t Gold over 7.02 Metres Outside the Eau Claire Block Model
TORONTO, April 23, 2026 (GLOBE NEWSWIRE) -- Fury Gold Mines Limited (TSX and NYSE American: FURY) (“Fury” or the “Company”) is pleased to release the second batch of assay results from the Phase 1 13,000-metre exploration drill program at the Eau Claire gold project (“Eau Claire” or the “Project”), located in the Eeyou Istchee Territory in the James Bay Region of Northern Quebec.
Phase 1 drilling was focussed on expanding resources along high-grade shoots and adding continuity to the existing resource outside of the preliminary economic assessment identified stopes. A total of 21 holes (approximately 12,700 metres (“m”)) was completed during Phase 1 drilling, with results received for 11,440 m. Complete assay results have been received from 18 holes as well as partial results from a 19th hole. Six holes returned significant results, which are highlighted in Table 1 and Figure 1.
The key highlight from this batch of results was infill drill hole 26EC‑101, which targeted an inferred portion of the Eau Claire mineral resource. The hole intersected 12.50 grams per tonne (“g/t”) gold over 7.02 m, approximately 45 m down‑plunge from previously reported drill hole 26EC‑099 (see news release dated March 17, 2026), which is located outside the current Eau Claire block model (Figure 2), demonstrating strong grade continuity and resource growth potential (Figure 3).
In addition, drill hole 26EC‑097, which also targeted an inferred portion of the Eau Claire resource, intersected 3.92 g/t gold over 6.92 m, further supporting the potential for resource conversion (Figure 4).
“Drilling at Eau Claire continues to reinforce resource continuity and demonstrate resource growth potential outside of the current block model between resource blocks in shallow previously untested areas,” commented Tim Clark, CEO of Fury Gold Mines. “Phase 2 drilling will continue to de-risk and expand Eau Claire, as we focus on connecting the current mineral resource outside of the PEA mineable portion to bring more of the existing gold ounces into a future development scenario, unlocking additional value for shareholders.”
Figure 1: Long section of the Eau Claire Deposit looking north showing the locations of the completed and current drill holes in relation to the block model.
Table 1: Drill Highlights to date
| Hole ID | From | To | Drilled Thickness (m) | True Thickness (m) | Au (g/t) | Purpose |
| 25EC-094 | 595.5 | 597.0 | 1.5 | 1.50 | 2.14 | Expansion |
| 643.0 | 644.0 | 1.0 | 1.00 | 4.97 | ||
| 647.0 | 648.5 | 1.5 | 1.50 | 2.12 | ||
| 25EC-096 | 573.0 | 576.0 | 3.0 | 2.97 | 2.52 | Expansion |
| 616.0 | 617.0 | 1.0 | 0.99 | 2.30 | ||
| 25EC-097 | 24.0 | 25.5 | 1.5 | 1.48 | 10.15 | Infill |
| 58.0 | 59.0 | 1.0 | 0.99 | 2.49 | ||
| 414.0 | 416.0 | 2.0 | 1.98 | 5.71 | ||
| 454.5 | 461.5 | 7.0 | 6.92 | 3.92 | ||
| 26EC-098 | 267.0 | 268.5 | 1.5 | 1.46 | 2.12 | Expansion |
| 293.5 | 294.5 | 1.0 | 0.97 | 3.33 | ||
| 535.0 | 536.0 | 1.0 | 0.98 | 9.01 | ||
| 550.0 | 551.5 | 1.5 | 1.47 | 17.20 | ||
| 617.5 | 619.0 | 1.5 | 1.48 | 1.50 | ||
| 663.5 | 665.0 | 1.5 | 1.48 | 3.68 | ||
| 26EC-100 | 618.0 | 622.0 | 4.0 | 3.98 | 1.57 | Expansion |
| 625.0 | 626.0 | 1.0 | 0.99 | 10.75 | ||
| 638.0 | 639.0 | 1.0 | 0.99 | 3.76 | ||
| 25EC-101* | 57.0 | 58.5 | 1.5 | 1.32 | 3.04 | Infill |
| 420.0 | 421.0 | 1.0 | 0.93 | 5.49 | ||
| 459.0 | 460.0 | 1.0 | 0.93 | 3.52 | ||
| 468.0 | 475.5 | 7.5 | 7.02 | 12.50 | ||
| 478.5 | 480.5 | 2.0 | 1.87 | 4.23 | ||
| Intercepts were calculated using Au grade*thickness no less than 2g/t*m with grade no less than 1g/t, maximum consecutive dilution 2m. True thickness was used for intercept calculation * Partial results received | ||||||
Figure 2: Eau Claire – Long section 26EC-101
Figure 3: Eau Claire – Section of holes 26EC-099 and 26EC-101
Figure 4: Eau Claire – Section 26EC-097
A total of eight drill holes (3,390 m) have been completed as part of the Phase 2 drill campaign at Eau Claire, which is focused on converting inferred portions of the resource and growing the Indicated mineral resource category.
The fully financed Phase 2 program is anticipated to comprise an additional 15,000 to 25,000 m of drilling and is expected to continue through the spring and summer of 2026.
Sampling and Assaying Disclosure
Analytical samples for the Drill Program were taken by sawing HQ diameter core into equal halves on site with one half sent to ALS Chemex in Val D’or, Quebec, Canada for preparation and analysis. All samples were assayed using a 50 g nominal weight fire with assay atomic absorption finish (Au-AA24) and multi-element four acid digest ICP-AES/ICP-MS method (ME-MS61). Where Au-AA24 results were greater 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 and blanks, field and lab duplicates, and lab standards and blanks indicate good overall accuracy and precision.
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 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.