Mr. Tim Clark reports

FURY APPOINTS VICE PRESIDENT, PROJECT DEVELOPMENT

Fury Gold Mines Ltd. has appointed Mario Courchesne as vice-president, project development, effective immediately.

Mr. Courchesne brings over 40 years of experience in engineering, process development, feasibility studies, due diligence, construction, operations, site infrastructure and demolition. His extensive background provides a comprehensive understanding of all project phases within the minerals industry. He spent a significant portion of his career in the gold sector with Cambior, served as a department and project manager for engineering firms, participate in developing Stornoway Diamonds' mine from feasibility study level to production and worked for Rio Tinto in Labrador City. He is a mining engineering graduate from Laval University and a professional engineer in the province of Quebec since 1984.

"We are excited to welcome Mario to the Fury team. His appointment represents a significant milestone for Fury as we advance Eau Claire toward development and ultimately a mining scenario," said Tim Clark, chief executive officer of Fury. "Mario brings extensive experience in advancing mining projects from exploration into production, which will be instrumental as we continue to unlock Eau Claire's value. As we move forward with our technical programs and strategic initiatives, Mario will play a key role in ensuring disciplined execution and project optimization, derisking Eau Claire and advancing it toward feasibility study level."

In this newly created role, Mr. Courchesne will be responsible for leading and managing all aspects of the advancement of Eau Claire from exploration stage through to PFS/feasibility and, ultimately, into construction and operations. He will serve as the technical and strategic lead for the project, coordinating cross-functional teams, managing external consultants and contractors, and interfacing with regulators, communities and stakeholders.

Fury also announces the resignation of Bryan Atkinson, senior vice-president, exploration, effective April 30, 2026, who is leaving the company to pursue an exciting career opportunity. The company wishes Bryan every success in his future endeavours and thanks him for his contributions over the past 10 years. Mr. Atkinson will serve in an advisory capacity to the company after April 30, 2026, to provide continuity and support.

The continuing drill program at Eau Claire will continue under the guidance of the company's geological team, which is led by Valerie Doyon, Fury's senior geologist.

About Fury Gold Mines Ltd.

Fury Gold Mines is a well-financed Canadian-focused exploration company positioned in two prolific mining regions across Canada and holds a 5.8-per-cent equity position in Contango Silver and Gold Inc. Led by a management team and board of directors with proven success in financing and advancing exploration assets, Fury intends to grow its multimillion-ounce gold platform 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.

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