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The latest update is out from Fury Gold Mines ( (TSE:FURY) ).
On February 3, 2025, Fury Gold Mines Limited announced the commencement of its 2025 drilling program at the Éléonore South gold project in Northern Quebec. This initiative focuses on exploring significant geological, geophysical, and geochemical gold anomalies within the Low Formation sediments. The first phase of drilling will cover 4,000 to 6,000 meters, targeting six undrilled priority areas identified through biogeochemical sampling and geophysical data interpretation. The project aims to unlock substantial potential for new gold discoveries, marking a significant milestone following Fury’s consolidation to full ownership of the property. The exploration program reflects Fury’s strategic efforts to enhance its exploration pipeline, with implications for future gold resource upgrades.
More about Fury Gold Mines
Fury Gold Mines Limited is a Canadian-focused exploration company with operations in two key mining regions across Canada. The company holds a significant share position in Dolly Varden Silver Corp and is dedicated to expanding its gold exploration assets through strategic project evaluation and exploration excellence. Fury is committed to high standards of corporate governance, environmental stewardship, and community engagement.
YTD Price Performance: -1.79%
Average Trading Volume: 125,277
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $56.5M
Find detailed analytics on FURY stock on TipRanks’ Stock Analysis page.
