Fury Gold Mines Expands Committee Bay Drilling with 5,000m Program — Fury Gold Mines Limited

Event summary

Fury Gold Mines has commenced a 5,000m drilling program at its Committee Bay project in Nunavut, focusing on the Three Bluffs deposit and Antler prospect.
The program includes 13 holes at Three Bluffs to infill and expand known mineral resources, and three holes at Antler to test high-priority targets.
Three Bluffs currently hosts 524,000 oz of gold in indicated resources and 720,000 oz in inferred resources.
The 2025 drilling program extended mineralization at Three Bluffs and confirmed strong alteration and gold mineralization across significant widths.

The big picture

Fury Gold Mines' aggressive drilling campaign at Committee Bay reflects the broader industry trend of resource expansion through systematic exploration. The focus on high-grade orogenic gold systems aligns with strategic efforts to grow ounces and generate value across Fury's portfolio. The company's fully financed position for both Committee Bay and Eau Claire projects underscores its commitment to advancing multiple high-potential assets.

What we're watching

Resource Expansion: Whether the 2026 drilling program will successfully expand mineral resources at both Three Bluffs and Antler, potentially adding significant ounces to Fury's portfolio.
Geological Understanding: How the additional information on grade variability from the drilling program will improve understanding of geological structures for future exploration and development planning.
Execution Efficiency: The pace at which Fury can advance its drilling program efficiently, minimizing helicopter time and weather-related disruptions to maximize productivity.