Fury Gold Mines reports initial inferred MRE for Sakami gold project

Canadian golden exploration institution Fury Gold Mines has reported an archetypal inferred mineral assets estimation (MRE) for the La Pointe Extension people astatine its Sakami golden project, situated successful the Eeyou Istchee Territory James Bay region, bluish Quebec.

The Sakami golden task MRE outlines 23.9 cardinal tonnes (mt) grading 1.07 grams per tonne (g/t) of gold, for a full of 825,000oz.

All of these ounces are projected to beryllium near-surface wrong an unfastened pit extending to 400m of surface.

The institution noted that the MRE remains unfastened successful each directions, with near-term maturation imaginable to the north-east and south-west, arsenic good arsenic beneath the existent open-pit limits, wherever drilling has lone reached 175m beneath aboveground to date.

Fury Gold Mines highlights important imaginable to turn beyond the existing in-pit resources.

At La Pointe, the archetypal mineral exploration people is estimated to scope betwixt 8.1mt and 14.7mt, with grades betwixt 1.57g/t and 1.11g/t of gold.

The find outgo of the La Pointe Extension find is estimated astatine little than C$9/oz ($6.49/oz), which includes some Fury’s acquisition outgo of Quebec Precious Metals and the expenses of the 2025 Sakami drill programme.

Fury Gold Mines CEO Tim Clark said: “The Sakami mineral assets estimation is an breathtaking portfolio milestone and starting constituent for the project. Less than a twelvemonth from acquiring Sakami from Quebec Precious Metals, the Fury squad identified a way to increasing portfolio ounces, leveraging this prime plus situated successful an established mining portion with fantabulous entree to infrastructure.

“These 825,000oz are a coagulated basal from which we tin grow, demonstrating important enlargement potential, and paves the mode to increasing our ounces wrong the Eeyou Istchee James Bay region.”

The Sakami task covers astir 14,250 hectares and lies 30km eastbound of the paved Billy Diamond Highway.

During the 2025 drilling campaign, the institution completed 7 diamond drill-holes totalling astir 3,685m.

Six of these holes were designed to trial down plunge and on onslaught extensions of antecedently identified golden mineralisation implicit 650m of onslaught magnitude astatine the La Pointe Extension target.

In April this year, Fury Gold Mines completed the acquisition of each the issued and outstanding communal shares of Québec Precious Metals.

"Fury Gold Mines reports archetypal inferred MRE for Sakami golden project" was primitively created and published by Mining Technology, a GlobalData owned brand.

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