Fury Gold Mines Limited Announces Completion of Éléonore South Gold Project Consolidation

Fury Gold Mines Limited (TSX:FURY)(NYSE American:FURY) has successfully completed the acquisition of Newmont Corporation’s 49.978% interest in the Éléonore South gold project located in Quebec, further integrating Newmont’s 30,392,372 shares of Sirios Resources Inc. This strategic move announced on February 26, 2024, sees the shares acquired for investment objectives, with Fury planning to meticulously assess its holding in Sirios for potential future transactions. The acquired Sirios shares account for 10.9% of its total issued shares, with Fury set to disclose an Early Warning Report concerning this acquisition.

CEO Tim Clark emphasized the significance of consolidating their stake in Éléonore South, highlighting the project's substantial prospects for new findings and investor benefits. Fury is planning additional exploration endeavors in Quebec later this year, promising forthcoming announcements regarding the exploration program. This development marks an exciting phase for Fury in leveraging its exploration expertise and asset portfolio for growth and shareholder value.