Fury Gold Mines Limited · TSX:FURY
Fury Gold Mines — Investor Presentation (September 2026)
21 slides from Fury Gold Mines's investor presentation, Sep 25, 2026
Slide 1: Advancing the Eau Claire Gold Project in Quebec
ADVANCING THE EAU CLAIRE GOLD PROJECT IN QUEBEC September 2026 TSX | NYSE-A: FURY
Slide 2: Cautionary Notes
Cautionary Notes This corporate 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 current as of September 4, 2025, however, it is not a pros
Slide 3: Diversified Gold Portfolio in Quebec and Nunavut
Diversified Gold Portfolio in Quebec and Nunavut Committee Bay Éléonore South Nunavut , MRE ’23 Quebec Resource stage (Gold) Exploration stage (Gold) Ind²: 524K oz at 7.85g/t Au Inf²: 720K oz at 7.64 g/t Au Eau Claire Quebec, MRE ’24 Resource stage (Gold) Sakami M&I¹: 1.16M oz at 5.64 g/t Au Quebec,
Slide 4: An Advanced Gold Explorer in Premier Canadian Jurisdictions
An Advanced Gold Explorer in Premier Canadian Jurisdictions Canadian assets in low-risk jurisdictions ▪ Eau Claire: M&I¹: 1.16M oz at 5.64 g/t Au / Inf¹: 723K oz at 4.13 g/t Au: PEA: C$554 After Tax NPV5% and 41% After Tax IRR ▪ Sakami: Inferred: 825,000 oz at 1.07 g/t Au3 ▪ Committee Bay: Ind²: 524
Slide 5: Largest Gold-Focused Land Holding in James Bay
Largest Gold-Focused Land Holding in James Bay Eeyou Istchee James Bay Region of Quebec Hydro World-class government Roads Airports Power support for mining TSX | NYSE-A: FURY furygoldmines.com | 5
Slide 6: Eau Claire & Percival High-Grade Gold Resource with Growth Potential
Eau Claire & Percival High-Grade Gold Resource with Compelling Growth Potential Addition of 307koz Au in the Measured and Indicated category (a 36.0% increase) and 223koz Au in the Inferred category (a 44.6% increase) in updated 2024 mineral resource estimate (May 10, 2024) Eau Claire Resource remai
Slide 7: Eau Claire Project - PEA Highlights
Eau Claire Project - PEA Highlights High Grade Project, With Low Initial Capex And Unit Costs (Base Case) C$554M 834k oz US$1,140/oz After-tax LOM gold NPV5%1 production3 AISC5 75.8k oz 41% Avg. annual US$892/oz After-tax IRR1 production over Total cash costs4 life of mine 1. US$2,400 per ounce base
Slide 8: Development Scenarios
Development Scenarios All scenarios are based on the same mine plan and assume a gold price of US$2,400 per ounce (“oz”). Each delivers a positive after-tax NPV (5%) and strong IRR: 1. Base Case – Full Standalone Operation (On-site Processing) PEA Model After-tax NPV5%: $554M After-tax IRR: 41% 2. H
Slide 9: Eau Claire Project – Development Optionality
Eau Claire Project – Development Optionality Production Capital Costs LOM Production Base Case Hybrid Toll Milling Life of mine Resource Initial CapEx (incl UG development) C$ $217M $216M $117M 11 years 6.1Mt Sustaining Capital C$ $66M $66M $66M Contingency included in Capital C$ $36M $36M $10M LOM
Slide 10: Eau Claire Project – Highly Leveraged to Gold Price
Eau Claire Project – Highly Leveraged to Gold Price After-Tax NPV Base Case Sensitivity Analysis Base Case Price After-tax annual cash flow and cumulative cash flow Gold Price* 200 1000 U$1,440 $1,920 $2,400 $2,800 $3,360 937 Discount rate 60% 80% 100% 120% 140% 150 786 800 5% $67M $317M $554M $789M
Slide 11: Eau Claire & Percival Phase 1 Drilling Completed, Phase 2 Ongoing
Eau Claire & Percival Phase 1 Drilling Completed (13,000 metres) Phase 2 Drilling Ongoing (15,000-25,000 metres) Phase 2 drilling has commenced with 15,000 to 25,000 metres planned The 2026 drill program at Eau Claire will focus on: ▪ Expanding resources along high- grade shoots, which were highligh
Slide 12: Committee Bay – Several Drill Ready Targets
Committee Bay – Several Drill Ready Targets 300km Long Prospective Greenstone Belt in Nunavut 100% ownership of a 300 km greenstone belt (over 235,000 ha.) Existing indicated and inferred resource estimate Significant resource expansion potential for large discovery Belt-wide systematic geochemical
Slide 13: Upcoming Catalysts
Upcoming Catalysts Eau Claire Phase 2 drilling results (15,000 – 25,000 metres)(ongoing) Committee Bay 2026 drilling results (Q4 2026) Metallurgical testwork results (Nov) Resource update (Dec/Jan) Eau Claire Pre-Feasibility Study TSX | NYSE-A: FURY furygoldmines.com | 13
Slide 14: Appendix
FURY APPENDIX
Slide 15: Experienced and Balanced Management Team
Experienced and Balanced Management Team Leadership Team TIM CLARK PHIL VAN STADEN MARIO COURCHESNE VALERIE DOYON ANNIE BLIER MARGAUX VILLALPANDO CEO & Director CFO VP, Project Development VP, Geologist & Senior Director, Manager Investor Relations Qualified Person Environment and Permits Board of D
Slide 16: Corporate Overview (as of September 8, 2026)
Corporate Overview (as of September 8, 2026) TSX: FURY | NYSE-A: FURY 1.40 MARKET CAP C$154.0M 1.20 SHARES OUTSTANDING 190.1M 1.00 WARRANTS 13.0M (C$1.00 exercise price) 0.80 OPTIONS 5.8M (C$0.92 avg. price) 0.60 RSUs and DSUs 2.7M 0.40 Jan-2025 Apr-2025 Jul-2025 Oct-2025 Jan-2026 Apr-2026 Jul-2026
Slide 17: Eau Claire Project Comparison
Eau Claire Project Comparison Amex Exploration Fury Gold Mines* Radisson Mining Cartier Resources Region Quebec Quebec, Nunavut Quebec Quebec PEA (Perron) PEA (Eau Claire) PEA (O’Brien) PEA (Cadillac) Stage Sep 4, 2025 Sep 2, 2025 July 9, 2025 May 29, 2023 1.6Moz (M&I) 1.2Moz (M&I) 0.6Moz (Ind) 0.7M
Slide 18: Eau Claire Deposit
Eau Claire Deposit • Updated Mineral Resource Estimate (Effective date May 10, 2024) Mineral Resource Estimate for the Eau Claire Deposit Category Tonnes Au g/t Contained Au (oz) Measured 1,157,000 5.19 193,000 Open Pit Indicated 1,291,000 4.19 174,000 (base case cut-off grade of 0.5 g/t) Measured &
Slide 19: Eau Claire Deposit Resource is Open in All Directions
Eau Claire Deposit Resource is Open in All Directions Eau Claire vein geometry steepened in areas with new data and interpretation. Since acquiring Eau Claire in 2020, Fury has almost doubled the ounces per metre drilled – adding 7.38 ounces of gold for every meter drilled compared to 4.04oz/m drill
Slide 20: Maintaining the Highest Standards of Environmental Protection and Community Engagement
Maintaining the Highest Standards of Environmental Protection and Community Engagement Environment What Digbee says about us ▪ Stewardship training for project contractors, drillers Overarching Pros ▪ Initiating environmental base lines studies at Eau Claire ✓ Good working relationship with ▪ Renewa
Slide 21: Contact Information
Contact Information +1 844 601 0841 info@furygoldmines.com www.furygoldmines.com
Fury Gold Mines — Investor Presentation (September 2026) on 6ix