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Fury Temporarily Halts Work at Eau Claire Following Fire Evacuation Order

Mine Development & Operations

Fury Gold Mines Limited

1630 - 1177 West Hastings Street, Vancouver, BC, Canada V6E 2K3

TSX: FURY NYSE American: FURY

www.furygoldmines.com

Fury Temporarily Halts Work at Eau Claire Following Fire

Evacuation Order

VANCOUVER, Canada - June 5, 2023 - Fury Gold Mines Limited (TSX: FURY, NYSE American: FURY)

("Fury" or the "Company") announces that the Company has paused all exploration activities at its Eau

Claire project located in the Eeyou Istchee Territory in the James Bay region of Quebec following an

emergency fire evacuation order. On June 4, 2023, the Minister of Natural Resources mandated that all

mining exploration activities stop immediately, all personnel be evacuated from the territory, and that

helicopters and aircraft be made available to help fight fires and carry out emergency evacuations.

Following notice from the Crown, Fury has temporarily halted exploration activities and has begun

evacuating crews from the Eau Claire site. The Company will continue to monitor the situation as it

progresses.

“As wildfires continue to threaten parts of the James Bay area, we are following the direction of local

authorities and prioritizing the safety of our team,” commented Tim Clark, CEO of Fury. “We are thinking

of the communities and their members who are impacted by the fires in northern Quebec. We look

forward to returning to work at Eau Claire shortly.”

About Fury Gold Mines Limited

Fury Gold Mines Limited is a well-financed Canadian-focused exploration company positioned in two

prolific mining regions across Canada and holds a 59.5 million common share position in Dolly Varden

Silver Corp (23.4). Led by a management team and board of directors with proven success in financing

and advancing exploration assets, Fury intends to grow its multi-million-ounce gold platform through

rigorous project evaluation and exploration excellence. Fury is committed to upholding the highest

industry standards for corporate governance, environmental stewardship, community engagement and

sustainable mining. For more information on Fury Gold Mines, visit www.furygoldmines.com.

For further information on Fury Gold Mines Limited, please contact:

Margaux Villalpando, Manager Investor Relations

Tel: (844) 601-0841

Email: [email protected]

Website: www.furygoldmines.com

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