Fury Gold Mines Limited · TSX:FURY
Fury Gold Mines — Investor Presentation (November 2024)
27 slides from Fury Gold Mines's investor presentation, November 2024
Slide 1: Exploring for High-Grade Gold in Canada
EXPLORING FOR HIGH-GRADE GOLD IN CANADA TSX | NYSE-A: FURY Investor Presentation November 2024
Slide 2: Introductory Information
Introductory Information 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 November 1, 2024, h
Slide 3: Technical and Scientific Information
Technical and Scientific Information The scientific and technical information included herein has been largely derived from the following technical reports prepared in accordance with NI 43-101: (a) the technical report entitled “Mineral Resource Estimate Update for the Eau Claire Project, Eeyou Ist
Slide 4: Striving to be a Best-in-Class Gold Junior
Striving to be a Best-in-Class Gold Junior Strategically Located Well-financed with Canadian Assets in with Large Land Cash and Marketable Low-Risk Jurisdictions Packages Next to Securities Major Producers Road Accessible, High- Strong Capital Markets Grade Gold Resource NYSE-A Listed Relationships
Slide 5: High-Grade Gold Portfolio in Low-Risk Jurisdictions
High-Grade Gold Portfolio in Low-Risk Jurisdictions furygoldmines.com Committee Bay Nunavut , MRE ‘23 Ind2: 524,000 oz at 7.85g/t Au Inf2: 720,000 oz at 7.64 g/t Au Éléonore South Quebec Exploration stage Eau Claire Quebec, MRE ‘24 M&I1: 1,160,000 oz at 5.64 g/t Au Inf1: 723,000 oz at 4.13 g/t Au Do
Slide 6: Road Accessible High-Grade Gold Resource in Quebec
Road Accessible High-Grade Gold Resource in Quebec Eeyou Istchee James Bay Region of Quebec World-class Hydro Roads Airports government support for Power mining TSX | NYSE-A: FURY furygoldmines.com | 6
Slide 7: Eau Claire – Multiple Targets Identified
Eau Claire – Multiple Targets Identified Eau Claire Deposit remains open in all directions Ripe for new discovery with a pipeline of targets New discovery at Serendipity TSX | NYSE-A: FURY furygoldmines.com | 7
Slide 8: Eau Claire & Percival Mineral Resource 2024
Eau Claire & Percival Mineral Resource 2024 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 drilled historically on the project Combined Open Pit & Underground Mineral Resource Estimate
Slide 9: Éléonore South – 100% Ownership
Éléonore South – 100% Ownership Exciting Potential for New Discovery TSX | NYSE-A: FURY furygoldmines.com | 9
Slide 10: Éléonore South
Éléonore South Six Éléonore Style Drill Ready Targets TSX | NYSE-A: FURY | 10
Slide 11: Committee Bay – Several Drill Ready Targets
Committee Bay – Several Drill Ready Targets 300 km Long Prospective Greenstone Belt in Nunavut TSX | NYSE-A: FURY | 11
Slide 12: Dolly Varden Silver
Dolly Varden Silver Indirect Exposure to BC's Golden Triangle In February 2022, Fury sold the Homestake Ridge project to Dolly Varden Share Monetization (approx.)* Original Sale (76.5M shares): C$45M Monetized by Fury: C$14M Valuation of 51M shares left: C$70M Dolly Varden Ownership (approx.)*: Fury
Slide 13: 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 ▪ Initiating environmental base lines studies at Eau Claire ▪ Renewable energy – Hydro QC EM1 power station 18km away
Slide 14: Corporate Overview
Corporate Overview Capital Structure (As of October 23, 2024) Ownership MARKET CAP C$101.5M Retail 56% (October 23, 2024) Close Associates / High 24% Net Worth SHARES TSX: FURY 151.5M Institutional 12% OUTSTANDING Newmont 6% OPTIONS 8.8M Management & Directors 2% (C$1.14 avg. price) FULLY DILUTED 16
Slide 15: Upcoming Events
Upcoming Events Q4 2024 European Roadshow St. Gallen / Vaduz, Amsterdam, Frankfurt Q1 2025 Vancouver Resource Investment Conference Vancouver, BC Éléonore South Drilling Utilizing C$2.5M remaining flow through funds BMO Conference Hollywood, Florida TSX | NYSE-A: FURY | 15
Slide 16: Investment Summary
Investment Summary Canadian Assets in Low-Risk Jurisdictions Eau Claire: M&I1: 1.16M oz at 5.64 g/t Au / Inf 1: 723K oz at 4.13 g/t Au Committee Bay: Ind 2: 524K oz at 7.85g/t Au / Inf 2: 720K oz at 7.64 g/t Au Well-financed with Cash and Marketable Securities Strategically Located Large Land Packag
Slide 17: Appendix
FURY APPENDIX
Slide 18: Experienced and Balanced Management Team
Experienced and Balanced Management Team Management Team TIM CLARK PHIL VAN STADEN BRYAN ATKINSON CEO & Director CFO SVP, Exploration Independent Directors BRIAN CHRISTIE SAGA WILLIAMS MICHAEL HOFFMAN Chair of the Board Managed multiple Indigenous Former VP Projects of Goldcorp Former VP of Investor
Slide 19: Eau Claire Deposit
Eau Claire Deposit Updated Mineral Resource Estimate 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 & Indicated 2,448,000 4.66 3
Slide 20: Eau Claire Deposit
Eau Claire Deposit Resource is Open in All Directions Eau Claire Resource remains open for further expansion through additional drilling. Eau Claire vein geometry steepened in areas with new data and interpretation. 1. See Eau Claire NI43-101 report “Mineral Resource Estimate Update for the Eau Clai
Slide 21: Percival Deposit – Maiden Mineral Resource Estimate 2024
Percival Deposit – Maiden Mineral Resource Estimate 2024 Significant Potential for Discovery Percival is one of 15+ anomalies along the Percival – Serendipity trend. Linked by existing road infrastructure to the Eau Claire deposit and behaves similarly to Eau Claire mineralization metallurgically Se
Slide 22: Serendipity Prospect – 2024 Drilling Program
Serendipity Prospect – 2024 Drilling Program Robust Structurally Controlled Gold Anomalies Defined 22
Slide 23: Percival - Serendipity Biogeochemical Survey Results
Percival - Serendipity Biogeochemical Survey Results Robust Structurally Controlled Gold Anomalies Defined Focus on structural controls of brecciation Gold correlates with Ag- As-W-Te in breccias Productive structures distal to Au highlighted by: Ag-As-Sb-Te-Pb-Bi-S
Slide 24: 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 Belt-wide geochem and geophysics complete Logi
Slide 25: Committee Bay – Three Bluffs Deposit
Committee Bay – Three Bluffs Deposit Exploration Drilling Demonstrates Resource Expansion Potential 100% ownership of a 300 km greenstone belt (over Three Bluffs Deposit 250,000 ha.) Indicated1: 524k oz at Significant resource expansion potential for large 7.85 g/t Au discovery Inferred1: 720k oz at
Slide 26: Significantly Undervalued High-Grade Gold Resources
Significantly Undervalued High-Grade Gold Resources Among Fury’s peers, the company ranks: Highest open pit Measured & Indicated (M+I) grade Highest Underground (U/G) Inferred grade Highest Open Pit (OP) Inferred grade As of May 21, 2024 Source: Table compiled by Bryan Atkison P.Geol, SVP Exploratio
Slide 27: Contact Information
Contact Information +1 844 601 0841 info@furygoldmines.com www.furygoldmines.com
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