Fury Explorations Ltd.

Fury Explorations Ltd.

May 30, 2006 11:12 ET

Fury Provides Taylor Project Update

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 30, 2006) - Fury Explorations Ltd. (the "Company") (TSX VENTURE:FUR) announces a 16,000 ft. program of confirmation and infill drilling, in preparation for the commissioning of a resource calculation for the Company's 100% controlled Taylor Project at Ely, Nevada. The Taylor project, in addition to a modern mill, hosts a historical measured resource estimate of 16 million ounces of silver(1).

Fury has now reviewed data from past drill programs at Taylor and is ready to institute a program to enable a resource calculation to be completed. To assist in planning the current program, past drill data has been digitized, and sections and plans have been prepared. A contract has been signed with Marston Engineering of Lakewood, Colorado to complete a geostatistical review to determine drill spacing required to conduct the resource calculation within the requirements stipulated by NI 43-101 regulations. In addition, a contract has been let to Spencer B. Gross, Inc. of Reno Nevada to fly an aerial photographic survey from which they will produce a contoured topographic map.

The drill program will be conducted in two phases. The first phase, expected to commence within one month, will take place on patented land and is budgeted for 46 reverse circulation holes (approximately 10,000 ft.). Phase two includes 36 reverse circulation holes (approximately 6,000 ft.) and will initiate upon receipt of a permit from the US Forest Service.

During May 2006, a geological report was produced in order to fulfill exchange requirements with respect to NI 43-101. As part of this process six composite-grab and channel samples were taken from various parts of the property to confirm the presence of silver and to compare assays with those produced from nearby drill holes. Assays ranged from 0.78 oz/t Ag to 16.98 oz/t Ag. The highest assay is from a sample in a portion of the historical pit that was considered high grade. The other samples are consistent with assays from nearby drill holes. Samples were assayed at Acme Analytical Laboratories Ltd. of Vancouver, BC.

Mr. Ken Thorsen, B.Sc. P.Eng., Chairman and Director of Fury Explorations, is the Qualified Person for the Company, as defined by National Instrument 43-101, and is responsible for the accuracy of this press release.

Fury Explorations is a junior exploration and development company focused on reaching near-term silver production at its Nevada based Taylor Project and exploring for other early stage, base and precious metals properties in North America. Fury is well positioned for the possibility of entering into commercial production and further growth. The Company currently has 15.7 million shares issued and working capital totaling approximately $2.25 million.

(1) The historical measured resource estimate was completed by Alta Gold in 1999 using extensive technical data and economic parameters, but was not compiled within the definitions and standards outlined in NI 43-101. Their calculations indicated 5.92 million tons grading 2.7 oz/t Ag or 15.98 million ounces of contained silver. Fury has not yet had the opportunity to complete due diligence on the resource estimate, and therefore cautions that the resource estimate cannot be relied upon.


On Behalf of the Board,

Steve Vanry, CFA - President

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.

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