Fury Gold Mines Limited · TSX:FURY
Fury Gold Mines — Investor Presentation (September 2022)
21 slides from Fury Gold Mines's investor presentation, September 2022
Slide 1: Exploring for High-Grade Gold in Canada
EXPLORING FOR HIGH-GRADE GOLD IN CANADA TSX | NYSE-A: FURY Investor Presentation September 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 Fury is a Canadian Focused, Advanced High-grade Gold Explorer PROPERTIES STRONG Actively drilling TREASURY multiple robust Strong balance sheet exploration projects with C$8.2M in in Quebec. treasury and 76.5M Multiple opportunities shares in marketable for large discov
Slide 5: Experienced and Balanced Management Team
Experienced and Balanced Management Team Management Team TIM CLARK LYNSEY SHERRY MICHAEL BRYAN ATKINSON CEO & Director CFO & Corporate Secretary HENRICHSEN SVP, Exploration Chief Geological Officer Board of Directors JEFFREY MASON* STEVE COOK* MICHAEL HOFFMAN* SAGA WILLIAMS* Lead Director 5 *Indepen
Slide 6: Advancing High-Grade, Low-Risk Gold Portfolio
Advancing High-Grade, Low-Risk Gold Portfolio Committee Bay Nunavut, MRE ‘17 Ind 2: 524,000 oz at 7.85g/t Au Inf 2: 720,000 oz at 7.64 g/t Au Éléonore South JV Pursuing multi-million-ounce discoveries (50.022%) Operator Quebec Dolly Varden Eau Claire Kitsault Valley Project Quebec, PEA‘18 33% Fury O
Slide 7: Transformational Corporate Transaction
Transformational Corporate Transaction Fury Sold 100% Interest in Homestake Ridge to Dolly Varden Silver FURY received C$5M cash payment & 76,504,590 common shares of Dolly Varden Silver Dolly Varden has a C$120M market cap and Fury owns 1/3 of the company Offers significant synergies of two adjacen
Slide 8: Environment, Social and Governance
Environment, Social and Governance Build Upon Existing Relationships to Ensure Meaningful Engagement Environment ▪ Stewardship training for project contractors, drillers ▪ Initiating environmental base lines studies at Eau Claire Fury strives to ▪ Renewable energy – Hydro QC EM1 power station 18km a
Slide 9: Excellent Access to Infrastructure
Excellent Access to Infrastructure Eeyou Istchee James Bay Region of Quebec Quebec 99.8% Top 4 30% Cheaper Discounted Hydro Hydro Power than Other Contract Rate Hydro Power Power Producer G7 Countries to Mining 9
Slide 10: Eau Claire – 13 High Priority Targets Advancing to Drill Stage
Eau Claire – 13 High Priority Targets Advancing to Drill Stage 30km of discovery potential along the Cannard deformation corridor (55,000 ha.) IP Geophysical Survey completed at Percival following up on biogeochemical anomalies Actively drilling through 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: 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 Exploration drilling planned to test a further
Slide 13: Percival Opportunity For Considerable Discoveries
Percival Opportunity For Considerable Discoveries 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 2022 Percival Site Visit
Slide 14: Éléonore South JV – Project Location
Éléonore South JV – Project Location Located in the James Bay Region of Quebec. 2022 ESJV Site Visit Land Position: 14,700 ha Fury (50.022%) and Newmont (49.978%) - Fury currently acts as manager and operator of the joint venture on behalf of the partners 2021 exploration program completed – focused
Slide 15: 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 16: Share Structure and Analyst Coverage
Share Structure and Analyst Coverage Share Structure (As of Sept. 14, 2022) Newmont Management 5.6% & Directors 2.0% SHARES FULLY OUTSTANDING DILUTED Close Associates 139.5M 155.8M 23.9% OPTIONS WARRANTS ($1.44 avg. price) ($2.02 avg. price) 8.9M 7.5M Retail 56.7% Institutional MARKET CAP CASH 11.8%
Slide 17: Stock Chart
Stock Chart Intersected Gold Drilled 59.3 g/t Au over Drilled 9.36 g/t Bearing Structure 1m & 8.87 g/t Au over Gold over 3m at 660m Down Plunge 3m East of Eau Claire the Hinge Target at Eau Claire Intercepted 23.27 Drilled 6.04m of 11.56 g/t Gold Over Drilled 13.93 g/t g/t Gold Outside of the 7.09m
Slide 18: 4Q22 Potential Catalysts
4Q22 Potential Catalysts Continued Exploration in Quebec EAU CLAIRE Drilling underway targeting four areas for significant resource expansion (Hinge, Gap, Eastern Extension and North Limb) PERCIVAL Extending high grade mineralization down plunge of historical drilling Exploring along parallel fold h
Slide 19: Contact
Contact: +1 844 601 0841 info@furygoldmines.com www.furygoldmines.com
Slide 20: Eau Claire – Eeyou Istchee James Bay Region of Quebec
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 21: 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 Drilled the high-grade Raven shear zone summer 2021 Advanced Exploration Over 270,000 hectares Belt-wide geochem and geophysics complet
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