Fury Gold Mines (FURY)

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Is Fury Gold Mines (FURY) Outperforming Other Basic Materials Stocks This Year?
ZACKS· 2025-09-10 14:41
For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Fury Gold Mines Limited (FURY) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question.Fury Gold Mines Limited is one of 236 individual stocks in the Basic Materials sector. Collectively, these companies sit at #14 in the Zacks Sector Rank. T ...
Fury Intercepts 59 Metres of 1.59 g/t Gold and 1.5 Metres of 546 g/t Silver at the Sakami Gold Project in Quebec
Globenewswire· 2025-09-04 11:00
TORONTO, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Fury Gold Mines Limited (TSX and NYSE American: FURY) (“Fury” or the “Company”) is pleased to announce additional results from the inaugural drill campaign at the Sakami gold project located in the Eeyou Istchee Territory in the James Bay region of Northern Quebec (Figure 1). The 2025 diamond drill program focused on the down plunge and along strike extensions from historical drill intercepts, as well as exploring the previously undrilled Juliette geophysical anom ...
Fury Announces Results of Preliminary Economic Assessment for the Eau Claire Gold Deposit with a Base Case After-Tax NPV (5%) of $554M and After-Tax IRR of 41%
Globenewswire· 2025-09-02 11:00
Figure 11 Eau Claire Resource Long Section Looking North. The inset depicts the improved geometry of modelled veins within the eastern portion of the resource. TORONTO, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Fury Gold Mines Limited (TSX and NYSE American: FURY) (“Fury” or the “Company”) is pleased to announce results from a preliminary economic assessment (PEA) for the high-grade Eau Claire deposit located in the Eeyou Istchee Territory of the James Bay region of Quebec. The PEA represents an initial concep ...
Fury Gold Mines (FURY) - 2025 Q2 - Quarterly Report
2025-08-14 12:47
Exhibit 99.1 (An exploration company) CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2025 Fury Gold Mines Limited Condensed Interim Consolidated Statements of Financial Position (Expressed in thousands of Canadian dollars - Unaudited) | | | | At June 30 | | At December 31 | | --- | --- | --- | --- | --- | --- | | | Note | | 2025 | | 2024 | | Assets | | | | | | | Current assets: | | | | | | | Cash | | $ | 8,566 | $ | 4,912 | | Marketable securities ...
Fury Intercepts 41.5 Metres of 1.23 g/t Gold at Sakami Gold Project in Quebec
Globenewswire· 2025-08-12 11:00
Key takeaways: "We are thrilled to announce our first drill results from our ongoing summer campaign at the Sakami project, which we acquired earlier in the year," commented Tim Clark, CEO of Fury. "Our goal was to expand upon historical drilling, add to continuity, and target resource grade. As such, we are pleased with a strong start and looking forward to more positive results in the coming weeks." | Hole ID | | From | To | | Length (m) | Au g/t) | | --- | --- | --- | --- | --- | --- | --- | | | Includin ...
Fury Reports Encouraging Metallurgical Test Results from the Ninaaskumuwin Lithium Discovery at Elmer East
Globenewswire· 2025-07-22 11:00
Core Insights - Fury Gold Mines Limited announced preliminary metallurgical test results for its Ninaaskumuwin lithium discovery in Northern Quebec, indicating that the mineralization is suitable for conventional lithium extraction techniques with a recovery rate of 62.2% lithium and a concentrate grade of 5.59% Li2O from a single composite sample [1][7][10] Metallurgical Test Results - The metallurgical tests were conducted on 27 samples from spodumene-bearing pegmatite, revealing that samples contained up to 42% spodumene and that spodumene is the sole lithium-bearing mineral identified [4][5] - The pegmatite is free of impurities, suggesting the potential to produce lithium concentrates suitable for battery-grade lithium carbonate and lithium hydroxide [4][5] - The average density of the samples was measured at 2.70 g/m, and the grades of the 85 samples analyzed ranged from 0.02% to 3.71% Li2O [5] Mineralogical Analysis - A mineralogical study of 58 samples indicated a high percentage of spodumene (up to 42%) and an abundance of other minerals such as albite (up to 70%) and quartz (up to 99%) [5] - Impure lithium-bearing minerals were not identified, enhancing the potential for high-quality lithium production [5] Drilling Results - Recent drilling results included 32.35 meters of 1.16% Li2O from drill hole EE24-003 and 22.48 meters of 1.19% Li2O from drill hole EE24-002, with the mineralized spodumene-bearing pegmatite remaining open at depth and along strike [9] Project Location and Accessibility - The Ninaaskumuwin lithium prospect is part of Fury's 100% owned Elmer East project, covering approximately 45,735 hectares and is easily accessible from the paved Billy Diamond highway [8] Future Work and Potential - The company expressed optimism regarding the metallurgical results and indicated that further exploration and follow-up work are warranted to realize the project's full potential [3][10]
Fury Commences 2025 Drill Program at Committee Bay
Globenewswire· 2025-07-14 11:00
TORONTO, July 14, 2025 (GLOBE NEWSWIRE) -- Fury Gold Mines Limited (TSX and NYSE American: FURY) ("Fury" or the "Company") is pleased to announce that the 2025 exploration drilling program has commenced at the Committee Bay project, located in the eastern Kitikmeot region of Nunavut, Canada. The 2025 drilling program will comprise 7 – 10 diamond drill holes totaling approximately 5,000 metres (m) focused on: expansion of the Three Bluffs Shear Zone target, testing regional shear zones along the southern con ...
Fury Intercepts 32.35m of 1.16% Li2O at the Ninaaskumuwin Discovery
Globenewswire· 2025-07-09 11:00
Core Viewpoint - Fury Gold Mines Limited announced positive drill results from its maiden drill program at the Ninaaskumuwin lithium discovery, indicating significant lithium mineralization and potential for further exploration [1][2]. Group 1: Drill Results - The maiden drill program totaled 825 meters in 5 holes, targeting a spodumene-bearing pegmatite outcrop with surface samples showing up to 3.92% Li2O [1]. - Highlights include 32.35 meters of 1.16% Li2O from hole EE24-003 and 22.48 meters of 1.19% Li2O from hole EE24-002 [1][3]. - The lithium mineralized spodumene-bearing pegmatite remains open at depth and along strike, suggesting the need for additional drilling [1][4]. Group 2: Project Location and Infrastructure - The Ninaaskumuwin lithium discovery is located on Fury's 100% owned Elmer East project, covering approximately 45,735 hectares [2]. - The project is easily accessible from the paved Billy Diamond highway, about 60 kilometers north of a rest stop with necessary amenities [2]. - It is situated approximately 50 kilometers north of Rio Tinto's Galaxy Lithium project, which is currently under construction [2]. Group 3: Geological Characteristics - Thick spodumene-bearing pegmatite was intersected in three holes, confirming vertical continuity of lithium mineralization to 150 meters below the surface [4]. - The pegmatite is composed of quartz, plagioclase, potassic feldspar, and spodumene, with spodumene observed as large elongated crystals [6]. - Geophysical and geological mapping indicates a potential strike length of up to 3.8 kilometers for the spodumene-bearing pegmatite [5]. Group 4: Management Commentary - The CEO of Fury expressed satisfaction with the drill results, highlighting the value created through the acquisition of Quebec Precious Metals and the potential for further exploration in the James Bay region [2]. - The Senior Vice President of Exploration noted the encouraging initial results and the strategic location of the discovery near established infrastructure [10].
Fury Announces Results of Annual General Meeting of Shareholders
Globenewswire· 2025-06-27 11:00
Core Points - Fury Gold Mines Limited held its Annual General Meeting on June 26, 2025, where all director nominees were elected to serve until the next annual general meeting [1] - A total of 61,696,271 common shares were represented at the meeting, accounting for 38.48% of the outstanding shares [2] Group 1: Election of Directors - All nominees for election as directors were successfully elected, with the following vote results: - Forrester A. Clark received 37,627,890 votes (82.34% for, 17.66% withheld) - Brian Christie received 36,303,467 votes (79.34% for, 20.66% withheld) - Steve Cook received 44,548,623 votes (97.45% for, 2.55% withheld) - Michael Hoffman received 36,343,467 votes (79.50% for, 20.50% withheld) - Alison Sagateh (Saga) Williams received 36,292,404 votes (79.39% for, 20.61% withheld) [3] Group 2: Appointment of Auditor - Deloitte LLP was appointed as the Company's auditor, with 58,860,985 votes in favor (95.40% for, 4.60% withheld) [4] Group 3: Company Overview - Fury Gold Mines Limited is a Canadian-focused exploration company with a strong financial position, operating in two prolific mining regions and holding an 11.8 million common share position in Dolly Varden Silver Corp, representing approximately 13.9% of issued shares [5] - The company aims to grow its multi-million-ounce gold platform through rigorous project evaluation and exploration excellence, while maintaining high standards in corporate governance, environmental stewardship, community engagement, and sustainable mining [5]
Fury Announces Closing of Financing
Globenewswire· 2025-06-20 11:00
Core Viewpoint - Fury Gold Mines Limited has successfully closed a private placement and offering, raising a total of C$3,374,600 to advance its exploration programs in Quebec and Nunavut [1][2][3] Group 1: Offering Details - The company closed a private placement of 3,999,701 flow-through shares at C$0.77 per share, generating gross proceeds of C$3,079,800 [1] - Agnico Eagle Mines Limited acquired 440,000 common shares at C$0.67 per share, contributing an additional C$294,800 to the total proceeds [2] - The combined gross proceeds from both the offering and private placement amount to C$3,374,600 [2] Group 2: Use of Proceeds - Proceeds from the financing will be utilized to advance the Committee Bay exploration program and other exploration opportunities [2][3] - The company aims to drive potential discoveries across its mineral exploration portfolio with the raised funds [3] Group 3: Company Overview - Fury Gold Mines Limited is a Canadian-focused exploration company with a significant position in Dolly Varden Silver Corp, holding approximately 14.5% of issued shares [5] - The company is led by a management team with a proven track record in financing and advancing exploration assets [5] - Fury is committed to high standards in corporate governance, environmental stewardship, community engagement, and sustainable mining practices [5]