Fury Gold Mines Limited · TSX:FURY
Fury Gold Mines — Investor Presentation (August 2025)
24 slides from Fury Gold Mines's investor presentation, August 2025
Slide 1: Exploring for High-Grade Gold in Canada
EXPLORING FOR HIGH-GRADE GOLD IN CANADA TSX | NYSE-A: FURY Investor Presentation August 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 August 20, 2025, ho
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 Quebec and Nunavut
Diversified Gold Portfolio in Quebec and Nunavut Committee Bay Éléonore South Nunavut , MRE ’23 Quebec Resource stage (Gold) Exploration stage (Gold) Ind²: 524K oz at 7.85g/t Au Inf²: 720K oz at 7.64 g/t Au Eau Claire Quebec, MRE ’24 Resource stage (Gold) Sakami M&I¹: 1.16M oz at 5.64 g/t Au Quebec
Slide 5: An Advanced Gold Explorer in Premier Canadian Jurisdictions
An Advanced Gold Explorer in Premier Canadian Jurisdictions 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 Quebec #24 Diversified portfolio with gold focu
Slide 6: Experienced and Balanced Management Team
Experienced and Balanced Management Team Leadership Team TIM CLARK PHIL VAN STADEN BRYAN ATKINSON VALERIE DOYON MARGAUX VILLALPANDO CEO & Director CFO SVP, Exploration Senior Project Geologist Manager Investor Relations (Quebec focused) Board of Directors BRIAN CHRISTIE SAGA WILLIAMS MICHAEL HOFFMAN
Slide 7: Corporate Overview
Corporate Overview (as of August 20, 2025) TSX: FURY MARKET CAP C$116M SHARES OUTSTANDING 171.7M WARRANTS 7.3M (C$0.84 exercise price) OPTIONS 8.4M (C$1.17 avg. price) FULLY DILUTED 189.6M CASH C$5.5M RSU’s & DSU’s 2.3M EQUITY INVESTMENTS ** C$56.8 Newmont Institutional 4% 12% Agnico Eagle Analyst C
Slide 8: Compelling Value Proposition Compared to Quebec Gold Peers
Compelling Value Proposition Compared to Quebec Gold Peers Quebec Gold Mkt Cap EV/oz Explorers/Developers (C$M) (C$/oz) P/NAV Gold vs Gold Explorers Probe Gold Inc. $459 $41 0.27x Troilus Gold Corp. $285 $22 0.19x Amex Exploration Inc. $269 $98 0.26x Radisson Mining $186 $113 N/A Resources Ltd. Nort
Slide 9: Largest Gold-Focused Land Holding in James Bay
Largest Gold-Focused Land Holding in James Bay Eeyou Istchee James Bay Region of Quebec World-class Hydro Roads Airports government support for Power mining TSX | NYSE-A: FURY furygoldmines.com | 9
Slide 10: Eau Claire & Percival High-Grade Gold Resource with Compelling Growth Potential
Eau Claire & Percival High-Grade Gold Resource with Compelling Growth Potential Addition of 307koz Au in the Measured and Indicated category (a 36.0% increase) and 223koz Au in the Inferred category (a 44.6% increase) Eau Claire Resource remains open for further expansion through additional drilling
Slide 11: Committee Bay – Several Drill Ready Targets
Committee Bay – Several Drill Ready Targets 300 km Long Prospective Greenstone Belt in Nunavut 100% ownership of a 300 km greenstone belt (over 238,000 ha.) Existing indicated and inferred resource estimate Significant resource expansion potential for large discovery Belt-wide systematic geochemical
Slide 12: Committee Bay – Three Bluffs Deposit Exploration Drilling
Committee Bay – Three Bluffs Deposit Exploration Drilling Demonstrates Resource Expansion Potential Three Bluffs Deposit Indicated1: 524k oz at 7.85 g/t Au Inferred1: 720k oz at 7.64 g/t Au 1. See Committee Bay NI43-101 report “Technical Report On The Committee Bay Project, Nunavut Territory, Canada
Slide 13: Sakami Project Large-Scale Gold Potential in a Proven District
Sakami Project Large-Scale Gold Potential in a Proven District Road Accessible along edge of Hydro Quebec reservoir La Pointe Extension discovered in 2020 Mineralization is focused along and proximal to large regional shear zones Known gold zones remain open for expansion with potential for new disc
Slide 14: Near-Term Catalysts
Near-Term Catalysts Summer 2025 exploration program underway at Sakami o Up to 5,000m planned Summer 2025 exploration program underway at Committee Bay o Up to 5,000m planned Continuous evaluation of Eau Claire resource potential Forming evaluation committee for Kipawa rare earth project TSX | NYSE-
Slide 15: Appendix
FURY APPENDIX
Slide 16: Eau Claire Deposit Updated Mineral Resource Estimate 2024
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 17: Eau Claire Deposit Resource is Open in All Directions
Eau Claire Deposit Resource is Open in All Directions Eau Claire vein geometry steepened in areas with new data and interpretation. 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 drill
Slide 18: 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 19: 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 TSX | NYSE-A: FURY furygoldmines.c
Slide 20: Éléonore South – 100% Ownership
Éléonore South – 100% Ownership Exciting Potential for New Discovery TSX | NYSE-A: FURY furygoldmines.com | 20
Slide 21: 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 furygoldmines.com | 21
Slide 22: Kipawa and Zeus REE Project
Kipawa and Zeus REE Project Kipawa (68% Fury and 32% IQ) and Zeus (100% Fury) 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(
Slide 23: 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 Overarching Pros ▪ Initiating environmental base lines studies at Eau Claire ✓ Good working relationship with ▪ Renewa
Slide 24: Contact Information
Contact Information +1 844 601 0841 info@furygoldmines.com www.furygoldmines.com
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