Fury Gold Mines Limited · TSX:FURY
Fury Gold Mines — Investor Presentation (August 2021)
27 slides from Fury Gold Mines's investor presentation, August 2021
Slide 1: Building a Canadian Gold Company
Building a Canadian Gold Company August 2021
Slide 2: Disclaimer
Disclaimer Terms of Use and Disclaimer This presentation is being provided for the sole purpose of providing the recipients with background information about Fury Gold Mines Limited. (the “Company”). The Company has made reasonable efforts to ensure that the information contained in this presentatio
Slide 3: Cautionary Note to United States Investors
Cautionary Note to United States Investors This presentation uses the terms “mineral reserve”, “proven mineral reserve”, “probable mineral reserve”,1 “mineral resource”, “measured mineral resource”, “indicated mineral resource” and “inferred mineral resource”, which are Canadian mining terms as defi
Slide 4: Investment Highlights
Investment Highlights Poised for Significant Growth and Discovery Proven team with actionable knowledge and experience High-grade platform of gold projects in Canada Significant exploration upside and resource expansion Discovery opportunity through portfolio wide drilling Attractive valuation given
Slide 5: Project Platform to Grow with Exploration
Project Platform to Grow with Exploration Advancing High-Grade, Low-Risk Gold Portfolio Committee Bay Eau Claire Nunavut, MRE ‘17 Quebec, PEA‘18 Ind 3: 524,000 oz at 7.85g/t Au Ind1: 808,000 oz at 6.65 g/t Au Inf 3: 720,000 oz at 7.64 g/t Au Inf 1: 458,000 oz at 7.48 g/t Au Pursuing multi-million ou
Slide 6: Capital Structure and Share Price Performance
Capital Structure and Share Price Performance Long Term Retail Shareholder Base Newmont Share Structure (as of August 3, 2021) TSX & NYSE-A / FURY 6.5% Management & Directors Shares Outstanding 117.9M 4.5% Options Out. ($2.20 avg.) 6.6M Retail High Net 59% Worth Warrants Out. ($1.77 avg.) 1.1M 20% T
Slide 7: Responsible Leadership
Responsible Leadership Environment, Social and Governance Management Board Mike Timmins Lynsey Sherry Ivan Bebek Jeffrey Mason CEO, Director CFO Chair Lead Director* Michael Henrichsen Bryan Atkinson Steve Cook Michael Hoffman SVP, Exploration VP, Projects Director* Director* Salisha Ilyas Saga Will
Slide 8: Eau Claire – James Bay Region of Quebec
Eau Claire – James Bay Region of Quebec Current Exploration Focused on Deposit Trend Discovery 2018 PEA NPV5% (US$1,500 oz/Au): C$397M High quality resource M&I1: 808k oz @ 6.65 g/t Au Inf1: 458k oz @ 7.48 g/t Au Intercepting high- grade gold outside of the known resource Drilling significant extens
Slide 9: Eau Claire – Deposit Trend Target Areas
Eau Claire – Deposit Trend Target Areas Exploration Drilling Continues to Reveal Significant Potential 9
Slide 10: Eau Claire – Deposit Trend Long Section
Eau Claire – Deposit Trend Long Section Resource Remains Open for Expansion in All Directions Resource defined by the limit of drilling Currently targeting five areas of potential growth Snake Lake structure results extends high-grade mineralization 840 metres down dip and identifies new zone 10
Slide 11: Snake Lake – Second Structure Runs Parallel to Eau Claire
Snake Lake – Second Structure Runs Parallel to Eau Claire Initial Drilling Suggests Grade and Size Potential 11
Slide 12: Eau Claire – 850 Zone Fold Hinge
Eau Claire – 850 Zone Fold Hinge Drill Test – High-Grade Veins and Broad Zones of Mineralization Deposit open to the west down plunge The Eau Claire resource is located at the contact between two distinct basaltic (i.e. rock) units 12
Slide 13: Eau Claire – Western Extension Targets
Eau Claire – Western Extension Targets Western Limb Resource Expansion Multiple stack quartz tourmaline veins Strong potential to expand 13
Slide 14: Eau Claire – Regional Geology and Targets
Eau Claire – Regional Geology and Targets 9 High Priority Targets Advancing to Drill Stage 30 kilometres of discovery potential along the Cannard deformation corridor Follow up on Percival discovery (2018); prepare prospect for Q4 drilling Summer program focused on six principal regional targets; ma
Slide 15: Percival Mineralization Style – Favourable Stratigraphy
Percival Mineralization Style – Favourable Stratigraphy 3D Magnetics Inversion Mineralization at margin of folded, steeply plunging magnetic stratigraphy Critical grades, critical widths for follow-up Summer Exploration: 6.5 kilometer geochemical grid over the Percival corridor 15
Slide 16: Éléonore South JV – Project Location and Targeting
Éléonore South JV – Project Location and Targeting 2021 Work Plan Includes Geochemistry and Q4 Drilling 16
Slide 17: Committee Bay – Large-Scale Exploration in Nunavut
Committee Bay – Large-Scale Exploration in Nunavut A Unique Opportunity with World Class Potential Targeted, high-impact program drilling high-grade along 8km shear zone at Raven Drill testing large conductor to extend high-grade mineralization at Three Bluffs Advanced Exploration Over 270,000 hecta
Slide 18: Committee Bay – Summer Work Plan
Committee Bay – Summer Work Plan Exploration for Discovery and Resource Expansion 18
Slide 19: Committee Bay – Raven Regional Shear Zone Corridor
Committee Bay – Raven Regional Shear Zone Corridor Exploration Drilling to Test Potential Depth Extensions 1. Intercepts were calculated using a minimum of a 0.25 g/t Au cut off at beginning and end of the intercept and allowing for no more than six consecutive metres of less than 0.25 g/t Au. 19 Mi
Slide 20: Committee Bay – Raven Prospect
Committee Bay – Raven Prospect Proposed Exploration Drill Plan Over 1km Strike Length Stepping down 150m-450m from high-grade mineralization Systematic exploration along 8km shear zone 1. Intercepts were calculated using a minimum of a 0.25 g/t Au cut off at beginning and end of the intercept and al
Slide 21: Committee Bay – Three Bluffs
Committee Bay – Three Bluffs Exploration Drilling to Demonstrate Resource Expansion High-grade mineralization associated with EM conductors – untested 600m x 200m target Stepping down 150m-300m from high-grade intercepts 1. Intercepts were calculated using a minimum of a 2.0 g/t Au cut off at beginn
Slide 22: Catalysts in 2021
Catalysts in 2021 Drive Value Through Exploration Drilling Continue to advance and pursue new discoveries at Eau Claire Pursuing world-class discoveries at Committee Bay in Nunavut Expand and upgrade the Homestake Silver Zone 22
Slide 23: Contact
Contact: +1 437 500 2529 info@furygoldmines.com www.furygoldmines.com
Slide 24: Eau Claire – Deposit Drilling and Resource Expansion
Eau Claire – Deposit Drilling and Resource Expansion Drilling Between Resource Blocks to Expand the Deposit 24
Slide 25: Eau Claire – 850 Zone Fold Hinge
Eau Claire – 850 Zone Fold Hinge Drilling Focused on Testing Favourable Stratigraphy The Eau Claire resource is located at the contact between two distinct basaltic (i.e. rock) units The Fold Hinge target is located at a shallow depth (of 200m to 400m) 25
Slide 26: Homestake Ridge – B.C.'s Golden Triangle
Homestake Ridge – B.C.’s Golden Triangle Return to Exploration to Upgrade and Increase Ounce Profile 2020 PEA NPV5% (US$1,620 oz/Au, US$14.4 oz/Ag): C$247M Resource: Indicated1: 155k oz @ 8.18 g/t Au & 1.7M oz @ 90.5 g/t Ag Inferred1: 734k oz @ 5.52 g/t Au & 15.8M oz @ 118.6 g/t Ag Excellent infrast
Slide 27: Homestake Ridge – Development Plan for 2020/21
Homestake Ridge – Development Plan for 2020/21 Focus on De-Risking the Resource and Expansion New geological framework based on complete deposit relog Resource expansion potential along strike and depth Targeting plunges of high-grade breccia and vein sets 27
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