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Éléonore South
Overview
Fury owns a 100% interest in the Éléonore South project, located in the Eeyou-Istchee Territory in the James Bay region of Quebec. Located immediately adjacent to the south of Newmont’s Éléonore property and approximately 6 kilometres from the Éléonore Mine, which hosts the +5 million-ounce Roberto gold deposit. The Éléonore mine geology has been interpreted to extend onto the Éléonore South property.
Éléonore South Highlights:
- Exploration stage
- Potential to host similar styles of mineralization as present at the nearby Newmont Éléonore Mine and Cheechoo Deposit
- The mineralized Cheechoo tonalite extends on to the property with significant drill intercepts remaining open
- Over 14,700 hectares with Hydro powerlines and nearby road access
Location & Infrastructure
The Éléonore South project is located in the James Bay region of Quebec. It is accessible by winter road, helicopter and float-equipped fixed wing.
- Exploration camp
- Core storage
- Proximity to all-weather road
- Winter trail into camp
Project Geology
The Cheechoo tonalite (2.61 billion year old) is interpreted to be a mushroom shaped intrusion with a 450 to 500 m thick, roughly tabular top having a shallow to moderate dip to the south along its southern contact (Moni Prospect) and a moderate dip to the west along its western contact (JT Prospect). The Contact Trend is interpreted to represent a decompression stockwork zone close to the top of the intrusion. This mineralized zone may extend downwards, parallel to, and below, the contact with the overlying metasedimentary country rocks.
Numerous indicators suggest this tonalite-hosted corridor corresponds to a large-scale late-magmatic hydrothermal system. These include the presence of local hydrothermal breccia, sheeted veins, extensive and significant intervals of pervasive silicification and albite alteration. Variable amounts of biotite, albite and actinolite alteration along with low levels of disseminated pyrite (py), pyrrhotite (po) and arsenopyrite (aspy) are also present. This type of alteration and sulphide mineralization correlate to results reported by Sirios nearby in the Cheechoo tonalite. Gold commonly occurs as small discrete visible gold grains.
Exploration
showing historical drill intercept highlights.
Fury has defined nine gold targets through the completion of an infill till sampling program within a five and a half kilometer long undrilled historical gold-in-till anomaly (Figure 1).
There are two distinct styles of mineralization that are being targeted on the project (Table 1);
- Structurally controlled high-grade gold veins similar to the Éléonore deposit Bulk tonnage disseminated gold mineralization as defined at Sirios’s Cheechoo deposit and within the JT and Moni zones within the ESJV.
Table 1: Mineralization Styles Present Regionally
| Category | Eleonore Style | Cheechoo Style |
|---|---|---|
| Mineralization | Quartz-diopside-tourmaline-sx veins and stockwork. Silica-carbonate-diopside-actinolite-phlogopite alteration. | Quartz-feldspar-amphibole-sx veins and stockworks. Strong strain zones. Feldspar-sericite-carbonate alteration. |
| Geometry | 5-6m, up to 20m wide | 40-50m wide vein networks |
| Geology | Massive to thinly bedded wacke, pelite, conglomerate. Pegmatites | Contacts of trondjhemite intrusions into sediments, pegmatites |
| Structure | Folded stratigraphy, strong strain zones | Strong strain zones, rigid intrusive contacts |
| Geochemistry | Au-As | Au-As-W-Bi |
| Geophysics | Chargeability highs associated with mineralization | Magnetic lows/highs associated with intrusion margins |
The historical focus for exploration has been on the eastern portion of the property along the Cheechoo Tonalite contact, at the Moni and Contact showings.
Highlights to-date from drilling at Éléonore South include: 4.88 g/t Au over 45.0 m (Moni); 1.02 g/t Au over 92.0 m (Contact trend), including 7.36 g/t Au over 8.2 m (ES19-157) and 7.44 g/t Au over 9.7 m (Contact trend), including 63.2 g/t Au over 0.8 m, at 111 m vertical depth (ES19-156) (Table 2).
Highlights from surface channel sampling include 79.6 g/t Au over 4.25 m and 79.5 g/t Au over 5.87 m. Boulder samples have returned assays up to 1,500 g/t Au.
Table 2: ESJV Historical Drill Highlights from the Moni and JT Zones (Cheechoo Style Mineralization)
| Hole ID | From | To | Length (m) | Au g/t | |
|---|---|---|---|---|---|
| ES17-64 | 167.25 | 220.50 | 53.25 | 4.22 | |
| 202.5 | 213.0 | 10.5 | 13.00 | ||
| Incl. | 204.0 | 207.0 | 3.0 | 37.90 | |
| ES18-098 | 8.1 | 16.5 | 8.4 | 8.56 | |
| Incl. | 8.9 | 9.8 | 1.0 | 71.40 | |
| ES18-100 | 14.0 | 20.0 | 6.0 | 49.40 | |
| Incl. | 17.0 | 18.0 | 1.0 | 294.00 | |
| ES18-133 | 164.8 | 171.0 | 6.2 | 14.70 | |
| Incl. | 167.0 | 168.0 | 1.0 | 80.40 | |
| ES19-156 | 140.3 | 150.0 | 9.7 | 7.44 | |
| Incl. | 144.7 | 145.5 | 0.8 | 63.20 | |
| ES19-157 | 169.4 | 193.2 | 23.8 | 3.08 | |
| Incl. | 181.0 | 182.5 | 1.5 | 27.80 | |
| and | 186.4 | 187.2 | 0.8 | 13.35 | |
| ES17-077 | 142.5 | 188.0 | 45.5 | 1.46 | |
| Incl. | 186.5 | 188.0 | 1.5 | 23.10 | |
| *Cutoff 0.25 g/t Au, maximum internal dilution 4m | |||||
Communities & the Environment
Fury Gold Mines understands the shared value that mining can bring but also understands its risks and the importance of responsible and sustainable development. The Company strives to maintain the highest standards of environmental protection and community engagement throughout all of its projects.
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