Fury Explorations Ltd.
TSX VENTURE : FUR

Fury Explorations Ltd.

December 03, 2007 07:00 ET

Fury Completes Drilling at Guijoso; Assays Pending

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 3, 2007) - Fury Explorations Ltd. (the "Company") (TSX VENTURE:FUR) announces the completion of phase 1 diamond drilling at its 100% controlled Guijoso Project, Jalisco, Mexico.

A total of 2,017 metres were completed in 13 holes. Three holes tested the southern vein in the vicinity of the historical workings where surface sampling by the Company returned assays up to 3,000 g/t silver. Seven holes tested the gold rich central vein where Fury sampling returned assays up to 276 g/t silver and 4.7 g/t Au, and three holes tested the north vein where previous sampling returned assays up to 712 g/t silver.

The program was conducted by Forage Thecnodrill, S.A. de C.V. Samples of split core were delivered to the ALS Chemex laboratory in Guadalajara where they were prepared for assay. Pulps were sent for assay to ALS Chemex in Vancouver, Canada. Partial, preliminary assays have been received for the first two holes and it is expected that final assays for all 13 holes will be received sporadically over the next eight weeks.

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.

About Fury Explorations

Fury Explorations is a metals exploration and development company focused on reaching near-term silver production at its Nevada based Taylor Project while advancing its highly prospective pipeline of North America based projects. Fury is well positioned for the possibility of entering into commercial production and further growth. The Company has 27.9 million shares outstanding and trades on the TSX Venture Exchange under the symbol FUR. For additional information on the Company and its projects please visit our website at www.furyexplorations.com.

FURY EXPLORATIONS LTD.

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