Fury Gold Mines Provides Corporate and Exploration Update – Junior Mining Network

“The Company’s focus and re-commitment to discovery and exploration are a reflection of the evidence and our continued confidence that Fury Gold’s high-grade resource base will continue to grow significantly larger.

Analytical samples from exploration drill holes completed by Fury at Eau Claire between October 2020 and May 2021 were taken by sawing NQ diameter core into equal halves on site with one half being sent to Actlabs in Val d’Or, QC for preparation and then to Actlabs in Thunder Bay, ON for analysis.

Analytical samples from resource expansion drill holes completed by Fury at Eau Claire between October 2020 and April 2021 were taken by sawing NQ diameter core into equal halves on site and sending one of the halves to ALS Lab in Val d’Or, QC .

Analytical samples for the Resource Expansion Drill Program completed by Fury at Eau Claire between April 2021 and June 2021 and Exploration drill holes completed by Fury between May 2021 and June 2021 were taken by sawing NQ diameter core into equal halves on site and sent one of the halves to Bureau Veritas .

Analytical samples from all drill holes completed by Fury at Eau Claire after June 2021 were taken by sawing HQ diameter core into equal halves on site and sending one of the halves to ALS Lab in Val d’Or, QC .

Historical drill samples at Eau Claire were taken by sawing NQ diameter core into equal halves on site with one half being sent to ALS Chemex in Val D’or, QC for preparation and analysis.

is historical in nature, however, the Company has reviewed the associated QA/QC data and original analytical certificates and is in the opinion the drilling and sampling were carried out following industry best practices for disclosure.

Led by a management team and board of directors with proven success in financing and exploring mining assets, Fury intends to grow and advance its multi-million-ounce gold platform through potential new discoveries.

Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes”, or the negatives and/or variations of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur”, “be achieved” or “has the potential to”.

Such assumptions, which may prove to be incorrect, include: general economic and industry growth rates; the outlook for minerals; the Company’s ability to raise additional capital to proceed with its exploration, development and operations plans; the Company’s ability to obtain or renew the licenses and permits necessary for its current and future operations; and the impact of the COVID-19 pandemic.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements, including risks relating, but not limited, to: the COVID-19 pandemic; the future price of minerals, including gold and other metals; and the success of the Company’s exploration and development activities.

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