Fury Gold Mines Limited · TSX:FURY
Fury Gold Mines — Investor Presentation (August 2023)
21 slides from Fury Gold Mines's investor presentation, August 2023
Slide 1: Exploring for High-Grade Gold in Canada
EXPLORING FOR HIGH-GRADE GOLD IN CANADA TSX | NYSE-A: FURY Investor Presentation August 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 Own Fury Gold Mines
Why Own Fury Gold Mines Leverage to Gold Price in Bull Market Achieved through ownership of a junior equity name Strongest Financial Position in the Sector Strong balance sheet with C$12.4M in treasury and approximately C$44.0M valued in Dolly Varden shares* Experienced Management Team Proven operat
Slide 5: High-Grade Gold Portfolio in Low-Risk Jurisdictions
High-Grade Gold Portfolio in Low-Risk Jurisdictions Geographically Positioned for Upcoming Consolidation Committee Bay Nunavut , MRE ‘17 Ind2: 524,000 oz at 7.85g/t Au Éléonore South JV Inf2: 720,000 oz at 7.64 g/t Au (50.022%) Operator Quebec Eau Claire Quebec, PEA‘18 M&I1: 808,000 oz at 6.65 g/t A
Slide 6: Meaningful Ownership Position in Dolly Varden Silver
Meaningful Ownership Position in Dolly Varden Silver Financial Flexibility Gained Through the Sale of Homestake Ridge Exposure to BC’s Golden Triangle Fury owns 59.5M shares currently valued at C$44.0M* Dolly Varden Ownership (Approximate): ▪ Institutional (50%) ▪ Fury Gold Mines (23%) ▪ Eric Sprott
Slide 7: Excellent Access to Infrastructure
Excellent Access to Infrastructure Eeyou Istchee World-class Hydro James Bay Region Power Roads Airports government support for mining of Quebec TSX | NYSE-A: FURY furygoldmines.com | 7
Slide 8: Eau Claire – Advancing Multiple Regional Targets to Drill Stage
Eau Claire – Advancing Multiple Regional Targets to Drill Stage Eau Claire Deposit remains open along strike and down dip Open high-grade gold mineralization at Percival project 14 untested anomalies at Percival, 6 at Lac Clarkie along the Cannard Deformation Zone TSX | NYSE-A: FURY furygoldmines.co
Slide 9: Eau Claire – Deposit Trend Long Section
Eau Claire – Deposit Trend Long Section TSX | NYSE-A: FURY furygoldmines.com | 9
Slide 10: Eau Claire – Fold Hinge
Eau Claire – Fold Hinge Intercepts at the Western Fold Hinge Target TSX | NYSE-A: FURY furygoldmines.com | 10
Slide 11: Percival Prospect – Significant Potential for Discovery
Percival Prospect – Significant Potential for Discovery 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* * See Eau Claire NI43-101 report dated Feb 4, 2018 filed under Eastmain’s profile at www.sedar.com TSX
Slide 12: Anomalies Identified Along Percival Trend
Anomalies Identified Along Percival Trend Untested Geochemical Targets Across 6km 14 biogeochemical anomalies remain untested along the Percival trend Matching geophysical, geochemical and structural signatures of Eau Claire and Percival Within a mile of the Cannard Deformation Zone TSX | NYSE-A: FU
Slide 13: Éléonore South JV – Newmont Partnership
Éléonore South JV – Newmont Partnership Large Scale High-Grade Untested Gold in Till Anomaly Fury (50.022%) and Newmont (49.978%) - Fury currently acts as manager and operator of the joint venture on behalf of its partner Potential for future consolidation TSX | NYSE-A: FURY furygoldmines.com | 13
Slide 14: 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 250,000 ha.) Significant resource expansion potential for large discovery C$60M invested to date TSX | NYSE-A: FURY furygoldmines.com | 14
Slide 15: 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 16: Capital Structure, Ownership, & Analyst Coverage
Capital Structure, Ownership, & Analyst Coverage Capital Structure (As of April 3, 2023) MARKET CAP SHARES OPTIONS (July 11, 2023) OUTSTANDING ($1.29 avg. price) C$72.7M 145.5M 11.7M CASH FULLY WARRANTS (August 4, 2023) DILUTED ($1.20 avg. price) C$12.4M 164.7M 7.5M Ownership Analyst Coverage Retail
Slide 17: Major Achievements & Stock Performance
Major Achievements & Stock Performance Strong Correlation with Gold Price and Global Junior Gold Miners Index TSX | NYSE-A: FURY furygoldmines.com | 17
Slide 18: Near-Term Catalysts
Near-Term Catalysts Advancing Continued Exploration in Quebec Eau Claire Drill Results First drill results from 2023 exploration program expected in the coming months Percival Drilling Actively drilling the Percival Prospect Lac Clarkie Surface Sampling Focusing on infilling 2022 grids and increasin
Slide 19: Appendix
FURY APPENDIX
Slide 20: Experienced and Balanced Management Team
Experienced and Balanced Management Team Management Team TIM CLARK PHIL VAN STADEN BRYAN ATKINSON CEO & Director Interim CFO SVP, Exploration Independent Directors BRIAN CHRISTIE JEFFREY MASON STEVE COOK Chair of the Board Former CEO of Great Panther Managed multi-billion-dollar Former VP of Investo
Slide 21: Contact Information
Contact Information +1 844 601 0841 info@furygoldmines.com www.furygoldmines.com
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