Fury Gold Mines Limited · TSX:FURY
Fury Gold Mines — Investor Presentation (April 2023)
22 slides from Fury Gold Mines's investor presentation, April 2023
Slide 1: Exploring for High-Grade Gold in Canada
EXPLORING FOR HIGH-GRADE GOLD IN CANADA TSX | NYSE-A: FURY Investor Presentation April 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 February 2, 2023, 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 Actively exploring TREASURY and drilling multiple Strong balance sheet projects in Quebec. with C$16.2M in Multiple opportunities treasury and 59.5M for large discoveries shares in marketabl
Slide 5: Experienced and Balanced Management Team
Experienced and Balanced Management Team Management Team TIM CLARK LYNSEY SHERRY MICHAEL BRYAN ATKINSON CEO & Director CFO HENRICHSEN SVP, Exploration Chief Geological Officer Independent Directors JEFFREY MASON STEVE COOK MICHAEL SAGA WILLIAMS BRIAN CHRISTIE Chair of the Board & Managed multi-billi
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 Silver Eau Claire Kitsault Valley Project
Slide 7: Transformational Corporate Transaction
Transformational Corporate Transaction Fury Sold 100% Interest in Homestake Ridge to Dolly Varden Silver Dolly Silver Varden has a C$249.2M 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: 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 9
Slide 10: Eau Claire – Advancing Multiple Regional Targets to Drill Stage
Eau Claire – Advancing Multiple Regional Targets to Drill Stage Six robust target areas drilled in 2022 Eight discrete targets defined at Lac Clarkie, six of the which lie along the Cannard Deformation Zone Eau Claire Deposit remains open along strike and down dip 10
Slide 11: Eau Claire – Deposit Trend Long Section
Eau Claire – Deposit Trend Long Section >25% increase to mineralized footprint of mineralized system at the Hinge alone New geological modeling has increased hit rate by 20% over historical 11
Slide 12: Percival Prospect 2022 Drill Results
Percival Prospect 2022 Drill Results Extension of High-Grade Gold Down Plunge 80% hit rate from Percival Main above the Eau Claire Underground M&I resource grade of 6.3 g/t Gold 14 biogeochemical anomalies remain untested along the 6km-long Percival trend 12
Slide 13: 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 14: 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 zone
Slide 15: Share Structure and Analyst Coverage
Share Structure and Analyst Coverage Newmont Management Share Structure (As of April 3, 2023) 5.6% & Directors 2.0% MARKET CAP CASH Close (Mar 30, 2023) (Mar 31, 2023) Associates C$104.8M C$16.2M 23.9% SHARES FULLY OUTSTANDING DILUTED 145.5M 164.7M Retail 56.7% Institutional 11.8% OPTIONS WARRANTS (
Slide 16: Stock Performance: Strong Correlation with Gold Price
Stock Performance Strong Correlation with Gold Price 16
Slide 17: Near-Term Catalysts
Near-Term Catalysts Continued Exploration in Quebec Geochemical studies at ESJV (results pending) Eau Claire Drill Program Planned drilling between 15,000 and 20,000m in 2023 Focusing on the Hinge Target, Percival Prospect, and additional surface sampling ESJV Focusing on the gold in till anomalies
Slide 18: Appendix
APPENDIX
Slide 19: 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 20: 3D Model – Eau Claire 450, 850 and Hinge Zone
3D Model – Eau Claire 450, 850 and Hinge Zone Click to View 3D Model 20
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