Fury Gold Finds More High Grade Gold and Expands Deposit
Fury Gold Mines just released significant drill results. It drilled a top five intercept to date - 23.27 g/t gold over 7.09 meters outside the defined resource at Eau Claire. The last time we spoke with CEO Mike Timmins, he assured us the pace of results was quickening, and clearly he has over-delivered. He and Michael Henrichsen (Exploration SVP) came on to discuss the impact of the latest news.\xa0 Results have been coming in at a rapid rate. It was just a week ago when the company announced it found more high-grade gold in the adjoining Snake Lake structure. In addition it identified a new mineralized horizon between the Eau Claire and Snake Lake structures.\xa0 Timmins expressed the belief that Snake Lake could have the same size potential as Eau Claire, which would greatly increase the scale of the project. He commented, \u201cThis is the kind of project that everyone is looking for\u2026 We\u2019re just getting started, 7 months in.\u201d As noted mining analyst and newsletter writer David Erfle recently observed, \u201c[The] Junior Gold Stock Fire sale is probably over\u2026\u201d And as the market recognizes the great potential of Fury, the recent rise in its share price is further evidence in support of that view. If things continue on the way they have, there could be a big payday ahead for Fury\u2019s shareholders.\xa0 Website: www.FureyGold.com \xa0 Ticker on TSX/NYSE: FURY