Fury Extends Percival Mineralization 115 Metres to the West - Seite 2

Table 1: Current Percival Drill Intercepts

Foto: Accesswire

Main intervals - Au grade*thickness no less than 0.25g/t*m with grade is no less than 0.25g/t, maximum consecutive dilution 6m;
Sub-intervals - Au grade*thickness no less than 2g/t*m with grade is no less than 1g/t, maximum consecutive dilution 2m

Foto: Accesswire

Figure 1: Percival long section depicting the locations of the current and pending 2023 drill holes in relation to the 2022 and historical drill intercepts.

Percival Prospect

The Percival Prospect is situated 14 km east of the Eau Claire Deposit along the Cannard Deformation Zone which is one of the primary controls on gold mineralization within the region. With the recent 2023 drilling the gold mineralization at Percival Main is represented by a 500 m by 100 m footprint with high-grade gold being defined to 300 m below surface hosted within folded sulphidized, silicified, and brecciated sediments.

Drilling in 2023 was designed to target down plunge and along strike extensions of the known mineralization at Percival most notably from Fury's 2022 drill holes 22KP-008 (13.5 m of 8.05 g/t gold, including 3.00 m of 25.8 g/t Au) and 22KP-005 (7.5 m of 4.38 g/t Au) (see news release dated December 21, 2022). The 2023 drilling program was able to successfully extend mineralization to the east with drill hole 23KP-015 intercepting 279 g/t gold over 1.5 m in a 70 m step out from previous drilling (see news release dated November 6, 2023) as well as to the west with the reported intercept of 15.0 m of 0.88 g/t gold from drill hole 23KP-016.

Fury's technical team has gained a better understanding of the combination of pathfinder elements and structural controls on the gold mineralization at Percival. The broad low-grade gold mineralization occurs along a well-defined east-west trending structural splay of the Cannard Deformation Zone. Certain elemental associations, most notably Arsenic, Bismuth, and Tungsten, are proving to be important pathfinders for the gold mineralization. Higher-grade gold within the broader corridor is controlled by secondary shearing and is identified by the high degree of silicification. With this knowledge, the team has refined their targeting along the Percival to Serendipity Horizon identifying ten priority targets for 2024. These identified targets lie within the same stratigraphic package as Percival Main and have undergone varying degrees of deformation. The proximity of the main Cannard and Hashimoto Deformation Zones varies from one target to the other and could have a significant impact on the gold mineralization. Fury believes the varying degrees of deformation are an important control on both gold mineralization and the potential preservation of a sizeable mineralized body.