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[BUSINESS] · Canada · 4 sources

Fury Gold Mines reports high‑grade gold and promising lithium tests in Quebec

Fury Gold Mines Ltd. announced new drilling results from its Eau Claire project in the Eeyou Istchee region of James Bay, Québec. The latest hole intersected a notably high‑grade gold interval, strengthening the geological case for further studies.

The company also launched a drilling program at its Committee Bay project and disclosed encouraging laboratory results for the Ninaaskumuwin sample, which suggest the presence of lithium‑bearing material that could complement its gold portfolio.

These updates come as the global gold market reacts to geopolitical tensions, oil prices and monetary‑policy expectations, with gold prices briefly reaching a two‑week high in late July 2026.