Fury Gold Mines Limited provided an update on the ongoing 50,000-metre (m) drill program at the 100% owned Eau Claire project located in the Eeyou Istchee Territory in the James Bay region, Quebec. The drill program is focused on the one-kilometre (km) down plunge extension at Eau Claire (Targets A, B and C), as well as infill drilling the inferred portions of the resource for resource conversion. A total of 3,646m in six holes has been drilled to date and results from the first set of infill drill holes and the first 600m of the step-out hole, 20EC-006, are expected in the coming weeks. 2021 Exploration Highlights: Eau Claire, Quebec: expansion program of 50,000m+ well underway; Homestake Ridge, British Columbia: approximately 20,000m planned for summer 2021 in conversion and exploration drilling; ommittee Bay, Nunavut: a minimum of 10,000m planned to expand the Three Bluffs deposit and drill test several exciting new targets for summer of 2021; and Éléonore South JV ("ESJV"), Quebec: proposed surface exploration campaign followed by drill testing between 3,000m and 5,000m at two undrilled target areas in fourth quarter of 2021. The 50,000m+ drill program at Eau Claire aims to significantly expand the current resource base and realize the potential of the Eau Claire deposit. The infill program is focused on upgrading the easternmost area of the resource at depth, while the exploration drill program will focus on testing a 1km down plunge extension of the Eau Claire deposit as well as drilling untested targets within the 7km deposit trend with the aim of identifying new discoveries. At the ESJV, the Company is proposing a summer exploration program that will concentrate on advancing large scale gold-in-till anomalies to drill stage. Proposed exploration for the ESJV includes reprocessing and interpreting the existing airborne magnetic and electro-magnetic datasets to advance the structural and geologic framework, geochemical till surveying across the southern third of the property to complete property wide coverage and acquiring additional IP data over defined geochemical anomalies. A drill program will be proposed for fourth quarter of 2021 based upon the results of the summer exploration program.