Fury Gold Mines Limited · TSX:FURY
Fury Gold Mines — Investor Presentation (January 2023)
22 slides from Fury Gold Mines's investor presentation, January 2023
Slide 1: Exploring for High-Grade Gold in Canada
EXPLORING FOR HIGH-GRADE GOLD IN CANADA TSX | NYSE-A: FURY Investor Presentation January 2023
Slide 2: Disclaimer
Disclaimer Cautionary Notes This presentation is intended to provide readers with an overview of Fury Gold Mines Limited. (the “Company”). The Company has made reasonable efforts to ensure that the information contained in this presentation is accurate as of November 1, 2021, however it is not a pro
Slide 3: Cautionary Note to United States Investors
Cautionary Note to United States Investors There is no assurance any mineral resources that the Company may report as “measured mineral resources”, “indicated mineral resources” and “inferred mineral resources” under NI 43-101 would be the same had the Company prepared the resource estimates under t
Slide 4: Why Invest in Fury Gold Mines
Why Invest in Fury Gold Mines Fury is a Canadian Focused, Advanced High-Grade Gold Explorer PROPERTIES STRONG Completed 2022 TREASURY exploration of Strong balance sheet multiple projects in with C$10.1M in Quebec. treasury and 59.5M Multiple opportunities shares in marketable for large discoveries
Slide 5: Experienced and Balanced Management Team
Experienced and Balanced Management Team Management Team TIM CLARK LYNSEY SHERRY MICHAEL BRYAN ATKINSON CEO & Director CFO & Corporate Secretary HENRICHSEN SVP, Exploration Chief Geological Officer Independent Directors JEFFREY MASON STEVE COOK MICHAEL HOFFMAN SAGA WILLIAMS Chair of the Board & Mana
Slide 6: Advancing a High-Grade Gold Portfolio in Low-Risk Jurisdictions
Advancing a High-Grade Gold Portfolio in Low-Risk Jurisdictions Committee Bay Nunavut, MRE ‘17 Ind 2: 524,000 oz at 7.85g/t Au Inf 2: 720,000 oz at 7.64 g/t Au Éléonore South JV Pursuing multi-million- (50.022%) Operator ounce discoveries Quebec Dolly Varden Eau Claire Kitsault Valley Project Quebec
Slide 7: Transformational Corporate Transaction
Transformational Corporate Transaction Fury Sold 100% Interest in Homestake Ridge to Dolly Varden Silver Dolly Varden has a C$217.9M market cap and Fury owns 23.5% of the company Fury holds two Dolly Varden Board seats Hecla owns a 10% equity position in Dolly Varden Silver 7
Slide 8: Environment, Social and Governance
Environment, Social and Governance Maintaining the Highest Standards of Environmental Protection and Community Engagement Environment ▪ Stewardship training for project contractors, drillers ▪ Initiating environmental base lines studies at Eau Claire ▪ Renewable energy – Hydro QC EM1 power station 1
Slide 9: Digbee Awarded ESG Ratings
Digbee Awarded ESG Ratings Independent ESG Evaluation for Accuracy and Credibility In March 2022, Digbee conducted an independent assessment of Fury’s ESG policies and management at the corporate and project levels. A team of qualified Mining ESG experts manually reviewed Digbee’s submission against
Slide 10: Excellent Access to Infrastructure
Excellent Access to Infrastructure Eeyou Istchee James Bay Region of Quebec Quebec 99.8% Top 4 30% Cheaper Discounted Hydro Hydro Power than Other Contract Rate Hydro Power Power Producer G7 Countries to Mining 10
Slide 11: Eau Claire – High Priority Targets Advancing to Drill Stage
Eau Claire – 13 High Priority Targets Advancing to Drill Stage 30km of discovery potential along the Cannard deformation corridor (55,000 ha.) Six robust targets drilled in 2022 Eau Claire Deposit remains open along strike and down dip 11
Slide 12: Eau Claire – Deposit Trend Long Section
Eau Claire – Deposit Trend Long Section 25% increase to mineralized footprint 12
Slide 13: Percival Prospect 2022 Drill Results
Percival Prospect 2022 Drill Results Extension of High-Grade Gold Down Plunge Mineralization at margin of folded, steeply plunging Drill Rig at Percival magnetic stratigraphy remains open down plunge and to the west Eight holes completed in 2022, five at Percival Main and three at Percival East 13
Slide 14: Percival Trend
Percival Trend Untested Geochemical Targets Across 6km 14 biogeochemical anomalies remain untested along the Percival trend Down plunge extension on high grade at Percival confirmed Proximal to the Cannard Deformation Zone 2022 Percival Site Visit 14
Slide 15: Éléonore South JV
Éléonore South JV Fury & Newmont Joint Venture 2022 ESJV Site Visit Land Position: 14,700 ha Fury (50.022%) and Newmont (49.978%) - Fury currently acts as manager and operator of the joint venture on behalf of the partners 2021 exploration program identified nine discrete gold and pathfinder element
Slide 16: Committee Bay – Three Bluffs Deposit
Committee Bay – Three Bluffs Deposit Exploration Drilling Demonstrates Resource Expansion Potential 100% ownership of a 300km greenstone belt (297,000 ha.) Significant resource expansion potential – 120- metre step out open along plunge and down- dip Emerging importance of mineralization in shear zo
Slide 17: Share Structure and Analyst Coverage
Share Structure and Analyst Coverage Newmont Management Share Structure (As of November 10, 2022) 5.6% & Directors 2.0% MARKET CAP CASH Close (Jan. 19, 2023) (Jan. 11, 2023) Associates C$115.7M C$10.1M 23.9% SHARES FULLY OUTSTANDING DILUTED 139.5M 155.8M Retail 56.7% Institutional 11.8% OPTIONS WARR
Slide 18: Stock Performance
Stock Performance Strong Correlation with Gold Price 18
Slide 19: Near-Term Catalysts
Near-Term Catalysts Continued Exploration in Quebec 2022 drilling completed with positive drill results at Eau Claire targets : Percival Main The Hinge Target Gap Zone Eastern Expansion Geochemical studies at Lac Clarkie and ESJV (results pending) Corporate planning for strategy and budget – 2023 pl
Slide 20: Appendix
APPENDIX
Slide 21: Committee Bay – Large-Scale Exploration in Nunavut
Committee Bay – Large-Scale Exploration in Nunavut A Unique Opportunity with World Class Discovery Potential Drilled Three Bluffs deposit extension conductor target Current targeting focused on the emerging importance of shear zones Advanced Exploration Over 297,000 hectares Belt-wide geochem and ge
Slide 22: Contact
Contact: +1 844 601 0841 info@furygoldmines.com www.furygoldmines.com
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