Fury Gold Mines Limited · TSX:FURY
Fury Gold Mines — BMO Global Metals & Mining Conference 2022
19 slides from Fury Gold Mines's conference presentation, Mar 2, 2022
Slide 1: Exploring for High-Grade Gold in Canada
EXPLORING FOR HIGH-GRADE GOLD IN CANADA TSX | NYSE-A: FURY BMO Global Metals & Mining Conference Presentation February 27 – March 2, 2022
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 November 1, 2021, 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 Invest in Fury Gold Mines
Why Invest in Fury Gold Mines ▪ Canadian focused, advanced high-grade gold explorer ▪ Pursuing robust exploration opportunities in Quebec ▪ Unique financial flexibility with C$45M+ in marketable securities ▪ High degree of optionality with multiple projects ▪ Experienced management team with a prove
Slide 5: Experienced and Balanced Management Team
Experienced and Balanced Management Team Management Team TIM CLARK MICHAEL HENRICHSEN BRYAN ATKINSON CEO & Director SVP, Exploration VP, Projects LYNSEY SHERRY SALISHA ILYAS CFO VP, Investor Relations Board of Directors IVAN BEBEK JEFFREY MASON* STEVE COOK* MICHAEL HOFFMAN* SAGA WILLIAMS* Chair Lead
Slide 6: Advancing High-Grade, Low-Risk Gold Portfolio
Advancing High-Grade, Low-Risk Gold Portfolio Committee Bay Nunavut, MRE ‘17 Ind 3: 524,000 oz at 7.85g/t Au Inf 3: 720,000 oz at 7.64 g/t Au Pursuing multi-million ounce discoveries Eau Claire Quebec, PEA‘18 M&I1: 808,000 oz at 6.65 g/t Au Inf 1: 458,000 oz at 7.48 g/t Au Target to multiply with ex
Slide 7: Homestake Ridge Transaction
Homestake Ridge Transaction Fury Sold 100% Interest in Homestake Ridge to Dolly Varden Silver Dolly Varden made a C$5M cash payment and issued 76,504,590 common shares to Fury Provides Fury financial flexibility Offers significant synergies of two adjacent projects Fury holds two Dolly Varden Board
Slide 8: Environment, Social and Governance
Environment, Social and Governance Build Upon Existing Relationships to Ensure Meaningful Engagement Fury strives to maintain the highest standards of environmental protection and community engagement throughout all of its projects. ESG Update Environment Social Governance ▪ Stewardship training for
Slide 9: Eau Claire – Eeyou Istchee James Bay Region of Quebec
Eau Claire – Eeyou Istchee James Bay Region of Quebec Excellent Access to Infrastructure 9
Slide 10: Eau Claire – Regional Geology and Targets
Eau Claire – Regional Geology and Targets 30km of discovery potential along the Cannard deformation corridor (55,000 ha.) IP Geophysical Survey underway at Percival following up on biogeochemical anomalies Drilling H2 2022 10
Slide 11: Eau Claire – Deposit Trend Long Section
Eau Claire – Deposit Trend Long Section Five target areas including Percival – proposed for 2022 Significant growth potential at Eau Claire 11
Slide 12: 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 Mineralization open to expand down plunge and along parallel fold hinges
Slide 13: Éléonore South JV – Project Location and Targeting
Éléonore South JV – Project Location and Targeting Large Scale High-Grade Untested Gold in Till Anomaly Land Position: 14,700 ha Fury (38.12%), Newmont (38.11%) and Azimut Exploration (23.77%) - Fury currently acts as manager and operator of the joint venture on behalf of the partners 2021 explorati
Slide 14: Committee Bay – Three Bluffs Deposit
Committee Bay – Three Bluffs Deposit Exploration Drilling Demonstrates Resource Expansion Potential 300km greenstone belt (297,000 ha.) Significant resource expansion potential – 120-metre step out open along plunge and down-dip Emerging importance of mineralization in shear zones in addition to iro
Slide 15: Share Structure and Analyst Coverage
Share Structure and Analyst Coverage Share Structure (As of Nov. 12, 2021) Analyst Coverage Shares Outstanding 125.7M Michael Curran, CFA Options ($1.99 avg. price) 7.4M Warrants ($1.27 avg. price) 8.2M Heiko F. Ilhe, CFA Fully Diluted 141.4M Three-month avg. (Cda/US) 122k/244k Barry Allan Market Ca
Slide 16: Recent Achievements and Upcoming Catalysts
Recent Achievements and Upcoming Catalysts ✓ Simplified corporate focus ✓ Monetized Homestake Ridge asset ✓ Discovered new high-grade gold target areas at Eau Claire (Quebec) ✓ Identified multiple targets at Percival (Quebec) ✓ Completed geochemical studies at Eau Claire and ESJV (results pending) ▪
Slide 17: Contact
Contact: +1 437 500 2529 info@furygoldmines.com www.furygoldmines.com
Slide 18: Eau Claire – 2018 PEA Highlights
Eau Claire – Eeyou Istchee James Bay Region of Quebec 2018 PEA Highlights NPV(5%) @ US$1,500 oz/Au: C$397M IRR (after-tax): 27% AISC: C$746/oz Au Total CAPEX: $283M ($175M initial; $108M LOM sustaining) 951koz Au produced @ 1,500 tpd over 12 years Payback: 3.1 years Open Pit (surface to 150 m) Under
Slide 19: Eau Claire – 850 Zone Fold Hinge
Eau Claire – 850 Zone Fold Hinge Intercepts at the Western Fold Hinge Target Deposit open to the west down plunge All drilling has intersected quartz tourmaline veining and alteration The Eau Claire resource is located within interbedded basaltic units Further exploration drilling planned to test a
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