Fury Gold Mines Limited (TSX and NYSE American: FURY) has announced the start of its 2026 drill program at the Committee Bay project in the eastern Kitikmeot region of Nunavut, Canada. The project spans over 235,000 hectares and is considered to have district-scale discovery potential.
Drill Program Details
The 2026 program will include approximately 5,000 metres of diamond drilling, with a focus on the Three Bluffs deposit and the Antler prospect. At Three Bluffs, about 13 holes will be drilled along roughly one kilometre of strike length, aiming to infill and expand known mineral resources. At the Antler zone, three holes are planned to test high-priority step-out and infill targets identified from historical drilling data.
Historical Results and Expansion Potential
Two previously drilled intersections at Antler—hole 16AN044 (9.9 metres at 3.19 g/t gold) and hole 11AN042 (13.0 metres at 4.0 g/t gold)—returned significant gold grades but remain untested along strike and at depth, according to a technical report prepared for Auryn Resources (filed on SEDAR+ on November 3, 2027, pages 82 and 160). A resource gap above the 2011 intersection presents an opportunity for resource expansion in an area of known mineralization. The Antler zone was last drilled in 2016 by a previous operator.
CEO Statement
“We are excited to be returning to Committee Bay in 2026. Our plans this year will focus on areas where we believe additional drilling could expand the Project’s mineral resource and potentially add ounces at Antler, which is less than 2km away from the Three Bluffs deposit,” commented Tim Clark, CEO of Fury. “The summer program reflects our continued focus on growing ounces at Committee Bay, thereby generating value across Fury’s gold portfolio through disciplined technical execution.”
Efficiency and Future Plans
The drilling strategy aims to maximize efficiency by selecting areas that require less helicopter time and are less affected by weather-related disruptions. The program will also provide additional data on grade variability to improve geological understanding for future exploration and development planning. Results from the 2026 program are expected to be incorporated into a future updated mineral resource estimate.
