Fury Gold Mines Limited · TSX:FURY
Fury Gold Mines — Investor Presentation (May 2025)
23 slides from Fury Gold Mines's investor presentation, May 2025
Slide 1: Exploring for High-Grade Gold in Canada
EXPLORING FOR HIGH-GRADE GOLD IN CANADA TSX | NYSE-A: FURY Investor Presentation May 2025
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 May 26, 2025, howev
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: Diversified Gold Portfolio in Premier Jurisdictions
Diversified Gold Portfolio in Premier Jurisdictions Committee Bay Nunavut , MRE ’23 Éléonore South Resource stage (Gold)- Quebec Exploration stage (Gold) Eau Claire Sakami Quebec, MRE ’24 Quebec Resource stage (Gold) Exploration stage (Gold) Kipawa Quebec Rare Earth Elements 1. See Eau Claire NI43-1
Slide 5: Striving to be a Best-in-Class Precious & Critical Metals Junior in North America
Striving to be a Best-in-Class Precious & Critical Metals Junior in North America 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 ▪ Committee Bay: Ind²: 524K oz at 7.85g/t Au / Inf²: 720K oz at 7.64 g/t Au Diversified portfolio wit
Slide 6: Undervalued Gold Juniors Poised for a Breakout
Undervalued Gold Juniors Poised for a Breakout Historic Disconnect: Gold is up 23.6% YTD, hitting all-time highs, while the TSXV Index, a proxy for junior exploration companies, is down 1.5% YTD and remains near decade lows – marking the widest performance gap in years. 1 Year 3 Year 5 Year Turnarou
Slide 7: 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 | 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: Committee Bay – Several Drill Ready Targets
Committee Bay – Several Drill Ready Targets 300 km Long Prospective Greenstone Belt in Nunavut TSX | NYSE-A: FURY | 9
Slide 10: Committee Bay – Advanced Infrastructure in Place
Committee Bay – Advanced Infrastructure in Place Full operational camp for 100 people On-site drill rigs and fuel Airstrip and cargo capacity to land 737-200 and C-130 Hercules TSX | NYSE-A: FURY | 10
Slide 11: 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 12: Sakami Project
Sakami Project Road Accessible along edge of Hydro Quebec reservoir La Pointe Extension discove red in 2020 Mineralization is focused along and proximal to large regional shear zones Historical drill highlights remain open: o 8.70 g/t Au over 7m o 7.79 g/t Au over 3.0m o 3.89 g/t Au over 14.9m TSX |
Slide 13: Éléonore South – 100% Ownership
Éléonore South – 100% Ownership Exciting Potential for New Discovery TSX | NYSE-A: FURY furygoldmines.com | 13
Slide 14: Corporate Overview
Corporate Overview (as of May 27, 2025) TSX: FURY MARKET CAP C$78.8M SHARES 167.1M OUTSTANDING WARRANTS 6.7M (C$0.80 exercise price) OPTIONS 8.5M (C$1.16 avg. price) FULLY DILUTED 184.6M CASH C$7.4M RSU’s & DSU’s 2.3M Equity Holdings Ownership Total Retail 53% Holdings Market Value Shares High Net W
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: Appendix
FURY APPENDIX
Slide 17: 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 STEVE COOK Chair of the Board Managed multiple Former VP Projects of Managed multi-billion- Former
Slide 18: 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 19: 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 20: 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 21: 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 22: Kipawa and Zeus REE Project
Kipawa and Zeus REE Project Kipawa (68% Fury and 32% IQ) and Zeus (100% QPM) cover 43km2 Kipawa hosts historical reserves of 19.8Mt @ .0411% TREO (Tb and Dy) within a syenite complex REE mineralization occurs at surface and is quarryable Toyotsu Rare Earth Canada holds a 10% NPI 2013 after-tax NPV(6
Slide 23: Contact Information
Contact Information +1 844 601 0841 info@furygoldmines.com www.furygoldmines.com