Fury Files Technical Report for the Eau Claire Gold Project in Quebec – The Canadian Business Journal

VANCOUVER, British Columbia, October 17, 2025 (GLOBE NEWSWIRE) — Fury Gold Mines Limited (TSX: FURY, NYSE American: FURY) (“Fury” or the “Company”) is pleased to announce that the Company has filed a technical report on the Eau Claire Gold Project (“Eau Claire” or the “Project”) entitled “Technical Report – Preliminary Economic Assessment of the Eau Claire Project, Eue Eastchee James Bay Region, Quebec, Canada(the “Eau Claire 2025 Technical Report” or the “Report”) with an effective date of August 25, 2025.

The Eau Claire 2025 Technical Report was prepared in accordance with National Instrument 43-101 Disclosure Standards for Mining Projects and supports the information contained in the Company's press release dated September 2, 2025 announcing the results of the preliminary economic assessment.

In addition to the authorized persons named in the press release dated September 2, 2025, Mr. Maxime Dupere, P. Geo. SGS Geological Services, an independent qualified person as defined by NI 43-101, and Ms Sarah Dean, P. Geo. of SGS Geological Services, an independent qualified person as defined by NI 43-101, were added as co-authors of the report. Mr. Dupere was responsible for the following sections of the report: Executive Summary (2024 Mineral Resource Estimate; and Related Properties), Introduction, Data Verification, Mineral Resource Estimate, Related Properties, Interpretation and Conclusion (2024 Mineral Resource Estimate; Risks and Opportunities), and Recommendations.

Ms. Dean was responsible for the following sections of the report: summary (property description, site access and physiographic data; exploration, drilling history; geology and mineralization), property description and location, accessibility climate, local resources, infrastructure and physiography, history, geology and mineralization, deposit types, exploration, drilling, and interpretation and conclusions (object description).

The report is available on the Company's website furygoldmines.com and on the Company's SEDAR+ profile at sedarplus.ca.

About Fury Gold Mines Limited
Fury Gold Mines Limited is a well-financed Canadian-focused exploration company located in two of Canada's prolific mining regions and owns 11.3 million shares of Dolly Varden Silver Corp common stock (12.9% of shares outstanding). Led by a management team and board of directors with a proven track record of success in financing and advancing exploration assets, Furey intends to expand its multi-million ounce gold platform through rigorous project evaluation and strong exploration performance. Furey is committed to maintaining the highest industry standards of corporate governance, environmental stewardship, community engagement and sustainable mining. For more information about the Furey Gold Mines, visit www.furygoldmines.com.

Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this press release.

For more information about Fury Gold Mines Limited, please contact:
Salisha Ilyas, Investor Relations
Tel: (844) 601-0841
E-mail: [email protected]
Website: www.furygoldmines.com


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