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Auryn Identifies 3.5 Kilometer Drill Target at Sombrero and Initiates Permitting

Fury Gold Mines Ltd.

Illustrates the 3.5 kilometer long target zone situated between the Ferrobamba limestone and the diorite to monzodiorite intrusive bodies. This target is defined by surface mineralization in trenches in the intrusive bodies, strong copper, bismuth, and tellurium geochemical signatures on the southern boundary of the intrusive bodies, lead anomalies within the limestone sequence, and strong chargeability anomalies.

Illustrates the latest trench results from the endo-skarn mineralization within the intrusive bodies. These trenches demonstrate consistent broad zones of copper and gold mineralization. Importantly, the mineralization occurs in deeply weathered rocks where significant leaching of copper has occurred. Auryn’s technical team believes that the copper grades could improve at depth within primary sulphide mineralization.

Illustrates the strengthening of copper-in-soil anomalies within the endo-skarn intrusive bodies toward the contact zone with the Ferrobamba limestone.

Illustrates a strong lead-in-soils anomaly within the Ferrobamba limestone close to the contact zone with the intrusive bodies to the northwest. The lead anomaly provides a clear vector to the northwest.

Illustrates the development of marble within the Ferrobamba and the presence of limestone near the contact zone with the intrusives to the northwest. These geologic relationships are another clear vector toward the northwest and the contact zone.

Illustrates large-scale chargeability anomalies at shallow depths between the mineralized endo-skarn intrusive bodies and the Ferrobamba limestone. These chargeability anomalies are considered to have the potential to host copper-gold sulphide bodies.

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