• Fury Gold published its MD&A for three months ended March 31, 2026, highlighting ongoing drilling at Eau Claire with Phase 1 set at 13,000 meters and Phase 2 expected at 15,000-25,000 meters through spring and summer 2026.
• Environmental baseline studies started at Eau Claire on April 28, planned over two years to support a future environmental impact assessment.
• Project development team expanded with Mario Courchesne appointed vice president, project development to advance Eau Claire toward PFS and feasibility; Annie Blier hired as senior director, environment and permits to lead permitting roadmap.
• Committee Bay plans maintained for a summer drill program; annual mineral claims expenditures estimated at CAD 214,000 to keep property in good standing.
• Working capital surplus totaled CAD 70.74 million at quarter-end, including cash of CAD 15.3 million and marketable securities of CAD 54.79 million, reflecting reclassification into Contango shares valued at CAD 43.3 million at March 23.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fury Gold Mines Ltd. published the original content used to generate this news brief on May 16, 2026, and is solely responsible for the information contained therein.