Key facts
| Company | Fury Gold Mines Limited (TSX: FURY) |
|---|---|
| Commodity | Gold |
| Location | Canada |
| Stage | Early exploration |
About Sakami
Update in Progress: We are currently updating this page to include projects acquired through our recent acquisition of Quebec Precious Metals Corporation. Please check back soon for the latest information.
News releases6 on file
Fury Announces Initial Mineral Resource Estimate for the Sakami Gold Project in Quebec
An initial inferred mineral resource estimate for the La Pointe Extension target at the wholly owned Sakami gold project in the Eeyou Istchee James Bay region of Northern Quebec totals 23.9 million tonnes grading 1.07 g/t gold for 825,000 ounces, all projected in-pit within 400 m of surface, with an effective date of November 11, 2025 and incorporating 17,719 m of drilling. An initial exploration
Resource updateFury Confirms Continuity and Extends Near Surface Gold Mineralization by 185 Metres at the Sakami Gold Project in Quebec
Final assay results from the 2025 inaugural drill program at the Sakami gold project in the Eeyou Istchee James Bay region of Quebec included 26.0 m of 0.71 g/t gold, including 6.5 m of 1.76 g/t, in hole 25SK-005, located 185 m southwest of hole 25SK-003, and 22.2 m of 0.83 g/t gold in hole 25SK-007. The program totalled 3,685 m in seven holes, six at La Pointe Extension and one at Juliette, which
Drill resultsFury Intercepts 59 Metres of 1.59 g/t Gold and 1.5 Metres of 546 g/t Silver at the Sakami Gold Project in Quebec
Drill hole 25SK-003 at the Sakami gold project in the Eeyou Istchee James Bay region of northern Quebec returned 59 m of 1.59 g/t gold, including 27.7 m of 2.02 g/t gold and 3.0 m of 9.32 g/t gold, plus 9.1 m of 0.92 g/t gold. Hole 25SK-002 returned 49.5 m of 0.6 g/t gold, 22.7 m of 1.47 g/t gold, and 1.5 m of 546 g/t silver from 269.0 m downhole. The 2025 program totalled 3,685 m in seven holes,
Drill resultsFury Intercepts 41.5 Metres of 1.23 g/t Gold at Sakami Gold Project in Quebec
Drill hole 25SK-001, the first of six holes at the Sakami gold project in the Eeyou Istchee James Bay region of northern Quebec, intersected five gold zones over a 140 m drilled length, including 41.5 m of 1.23 g/t gold (with 7 m of 3.15 g/t), 11.8 m of 1.28 g/t, 4.7 m of 2.72 g/t, 1.5 m of 5.17 g/t and 0.5 m of 10.2 g/t, within 200–300 m of surface. Fury has completed 3,160 m in six holes, part o
Drill resultsFury Finalizes Drill Targeting at its Newly Acquired Sakami Gold Project
A first-phase drill program of approximately 3,000–5,000 metres will begin in late June 2025 at the Sakami gold project in the Eeyou Istchee James Bay region of Quebec, targeting the undrilled Juliette target along a 23 km gold-bearing corridor and confirmation and step-out drilling at La Pointe and La Pointe Extension. Historical intercepts include 8.70 g/t gold over 7.0 m and 3.89 g/t over 14.90
Drill resultsFury Gold Mines Completes Acquisition of Quebec Precious Metals Corporation
The acquisition of all issued and outstanding shares of Québec Precious Metals Corporation has closed under a court-approved plan of arrangement, with former QPM shareholders receiving 0.0741 of a Fury share per QPM share and Fury issuing 8,394,137 shares. The transaction adds the Sakami, Elmer East and Kipawa projects, bringing Fury's Québec gold and critical minerals portfolio to over 157,000 he
Acquisition