fury gold mine announces results from three diamond drill holes at the Eau Claire project in the Eau Istachi field of the James Bay region of Quebec.
Three holes targeted the gap zone between the 450 zone, which hosts the majority of the Eau Claire inferred resource, and the hinge target.
Source: Fury Gold Mines
- Hole 22EC-058 intersects three zones of gold mineralization 42.5 m drill length including 1.0m at 45.00 g/t Au and 1.0m at 5.55 g/t Au,
- Segment from 22EC-058 Gold mineralization extends approximately 150 meters west of the defined resource and 315 meters downstream, further increasing the mineral footprint of the deposit.
Source: Fury Gold Mines
Thus, between the newly discovered mineralization in the gap zone and the hinge target, the mineral footprint of the Eau Claire deposit has been significantly expanded. The deposit remains open in all directions and the potential range of Eau Claire remains unpredictable.
More news in the pipeline:
Assay results are pending from one completed hole at Hinge Target, two holes at East Extension and eight holes at Percival. Fury Gold Mines expects to release results from this drilling in the coming weeks.
High Grade Gold Discovery In Canada! Fury Gold Mines is a well-financed, high-grade gold-focused Canadian gold exploration company strategically located in two prolific mining regions: the James Bay region of Quebec and the Kitikmeot region of Nunavut. Additionally, the optimistic explorer still holds a position of 59.5 million common shares in Dolly Varden Silver Corp (25.8%). Led by a management team and board of directors with a proven track record of funding and advancing exploration assets, Fury intends to grow its multi-million ounce gold platform through rigorous project evaluation and exploration excellence.
With drill results pending, future news flow is assured in hopes of finding high-grade gold deposits in Eau Claire.
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Note on Conflict of Interest: I own the stocks discussed in the article or that are included in the SRC Mining Special Situations Certificate.
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Yours, Jochen Staiger and Mark Olinger
Swiss Resource Capital AG
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