Fury Explorations Ltd.
TSX VENTURE : FUR

Fury Explorations Ltd.

October 09, 2007 07:00 ET

Drilling Underway at Fury's Guijoso Silver Property

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 9, 2007) - Fury Explorations Ltd. (the "Company")(TSX VENTURE:FUR) announces the commencement of phase-one diamond drilling at its 100% controlled Guijoso Property, Jalisco, Mexico. A program consisting of 2,000 meters in 11 holes will test several high-grade silver and gold targets identified during recently completed mapping and sampling programs (see October 2, 2007, PR2007-17).

Drilling will target mineralization in several vein structures, which recently sampled up to 3,000 g/t silver and 4.7 g/t gold and have a combined strike length of two kilometers. The program is being conducted by Forage Thecnodrill, S.A. DE C.V. and is expected to last approximately four weeks.

"We are pleased to have reached the drill stage at Guijoso so quickly, and are excited about the prospect of developing another high quality precious metal asset to complement the near term, re-opening of our Nevada based Taylor Mine", remarked Fury President and CEO, Steve Vanry.

The current exploration program at Guijoso is being managed by geologist, Senor Antonio Montante of San Luis Potosi, Mexico. Mr. Ken Thorsen, B.Sc. P.Eng., Chairman and Director of Fury Explorations has reviewed the content of this press release, and is the Qualified Person for the Company, as defined by National Instrument 43-101.

FURY EXPLORATIONS LTD.

On Behalf of the Board,

Steve Vanry, CFA - President & CEO

Forward-Looking Statements: Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the corporations' periodic filings with Canadian Securities Regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. Statements in this press release other than purely historical information, including statements relating to the company's future plans and objectives or expected results, constitute forward-looking statements. Forward looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the company's business, including risks inherent in mineral exploration and development. The company does not assume the obligation to update any forward-looking statement.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Fury Explorations Ltd.
    Steve Vanry
    CFA - President & CEO
    (604) 689-1810
    (604) 689-1817 (FAX)
    Website: WWW.FURYEXPLORATIONS.COM