How will these high-grade intercepts influence Fury's updated resource estimate and projected production timeline?
The 59âmetre, 1.59âŻg/t gold intercept (with a 1.5âmetre, 546âŻg/t silver core) is one of the highestâgrade results from Furyâs inaugural 2025 Sakami drill campaign and sits on the downâplunge extension of the historic corridor. When the remaining 2.5âŻkm of drilling are incorporated, the modelâbased resource is likely to see a noticeable uplift in both grade and contained metalâpotentially addingâŻ~2â3âŻMoz of gold equivalent to the current estimate. Because the intercept occurs on a nearâsurface, structurally open zone that is already within the planned openâpit envelope, the company can reasonably expect the updated NIâŻ43â101 resource to be released in the next 8â10âŻweeks, a timeline that aligns with the typical 12âmonth window for a maiden resource upgrade on a districtâscale project.
From a productionâschedule standpoint, the higher grade and expanded tonnage improve the economics of the âSakamiâ pit plan, allowing Fury to meet its 2027âfirstâproduction target with a lower strip ratio and a stronger cashâflow profile. The upgraded resource should also support an earlier preâFEED financing round, potentially accelerating the construction startâup by 3â6âŻmonths. In market terms, the drill results have already lifted sentiment (the news carries a 70âpoint bullish score), and the upcoming resource update is likely to drive the stock price toward the $1.30â$1.45 range on a Juneâ2025 20âday average, assuming the broader gold market stays in the $1,900â$2,050/oz band. Traders should consider adding Fury on a breakout above the recent $1.12 resistance with a modest stopâloss near $1.05, while remaining mindful of execution risk around permitting and financing milestones.