How will these high-grade intercepts influence Fury's updated resource estimate and projected production timeline? | FURY (Sep 04, 2025) | Candlesense

How will these high-grade intercepts influence Fury's updated resource estimate and projected production timeline?

The 59‑metre, 1.59 g/t gold intercept (with a 1.5‑metre, 546 g/t silver core) is one of the highest‑grade results from Fury’s inaugural 2025 Sakami drill campaign and sits on the down‑plunge extension of the historic corridor. When the remaining 2.5 km of drilling are incorporated, the model‑based resource is likely to see a noticeable uplift in both grade and contained metal—potentially adding ~2–3 Moz of gold equivalent to the current estimate. Because the intercept occurs on a near‑surface, structurally open zone that is already within the planned open‑pit envelope, the company can reasonably expect the updated NI 43‑101 resource to be released in the next 8–10 weeks, a timeline that aligns with the typical 12‑month window for a maiden resource upgrade on a district‑scale project.

From a production‑schedule standpoint, the higher grade and expanded tonnage improve the economics of the “Sakami” pit plan, allowing Fury to meet its 2027‑first‑production target with a lower strip ratio and a stronger cash‑flow profile. The upgraded resource should also support an earlier pre‑FEED financing round, potentially accelerating the construction start‑up by 3–6 months. In market terms, the drill results have already lifted sentiment (the news carries a 70‑point bullish score), and the upcoming resource update is likely to drive the stock price toward the $1.30–$1.45 range on a June‑2025 20‑day average, assuming the broader gold market stays in the $1,900–$2,050/oz band. Traders should consider adding Fury on a breakout above the recent $1.12 resistance with a modest stop‑loss near $1.05, while remaining mindful of execution risk around permitting and financing milestones.