TSX and NYSE American: FURY Fury Resumes Activities at Eau Claire

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Toronto, ON, Canada M5H 2Y4

furygoldmines.com

TSX and NYSE American: FURY

Fury Resumes Activities at Eau Claire

TORONTO, Canada – July 27, 2026 – Fury Gold Mines Limited (TSX and NYSE American: FURY)

("Fury" or the "Company") is pleased to announce that exploration and drilling activities have resumed

at Eau Claire, located in the Eeyou Istchee Territory in the James Bay region of Northern Quebec,

following a precautionary suspension due to a nearby wildfire (see news release dated July 15, 2026).

All personnel have safely returned to site, and the Company has resumed field activities following

confirmation that conditions are suitable for a safe return to operations. The Company continues to

monitor the situation and remains in communication with local authorities.

"We are pleased to have resumed activities at Eau Claire under safe operating conditions. The safety of

our staff and contractors remains our highest priority," commented Tim Clark, CEO of Fury. "We thank

the local authorities and firefighters for their dedication , hard work, and efforts in supporting camp

safety and the safety of our communities."

This temporary suspension did not result in any material impact on its previously disclosed Phase 2 drill

program at Eau Claire.

About Fury Gold Mines Limited

Fury Gold Mines Limited is a well-financed Canadian-focused exploration company advancing the Eau

Claire gold project towards development, which holds a 5.8% equity position in Contango Silver and

Gold Inc. Led by a management team and board of directors w ith proven success in financing and

advancing exploration assets, Fury intends to grow its gold portfolio 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:

Salisha Ilyas, Investor Relations

Tel: (844) 601-0841

Email: [email protected]

Website: www.furygoldmines.com