Fury Gold Mines Limited · TSX:FURY
Fury Gold Mines — Investor Presentation (October 2023)
21 slides from Fury Gold Mines's investor presentation, October 2023
Slide 1: Exploring for High-Grade Gold in Canada
EXPLORING FOR HIGH-GRADE GOLD IN CANADA TSX | NYSE-A: FURY Investor Presentation October 2023
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 October 18, 2023, h
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 “Technical Report On The Eau Claire Project Quebec, Canada" dated Augus
Slide 4: Why Own Fury Gold Mines
Why Own Fury Gold Mines Leverage to Gold Price Achieved through ownership of a single junior equity name One of Strongest Financial Positions in the Sector Strong balance sheet with C$10.0M cash in treasury and approximately C$44M valued in Dolly Varden shares* Experienced Management Team Proven ope
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 Indirect Exposure to BC’s Golden Triangle Fury owns 59.5M shares currently valued at C$44M* Dolly Varden Ownership (Approximate): ▪ Institutional (50%) ▪ Fury Gold Mines (23%) ▪ Eric
Slide 7: Excellent Access to Infrastructure
Excellent Access to Infrastructure 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 – 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 Prospect 14 untested anomalies at Percival, 6 at Lac Clarkie along the Cannard Deformation Zone TSX | NYSE-A: FURY furygoldmines.c
Slide 9: Eau Claire – Deposit Trend Long Section
Eau Claire – Deposit Trend Long Section TSX | NYSE-A: FURY furygoldmines.com | 9
Slide 10: 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 Gold1 1. See Eau Claire NI43-101 report “Technical Report On The Eau Claire Project Quebec, Canada” dated Au
Slide 11: 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 12: 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 | 12
Slide 13: 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 | 13
Slide 14: 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 15: Corporate Overview
Corporate Overview Capital Structure Ownership (As of October 3, 2023) Retail 56% MARKET CAP CASH Close Associates / High Net Worth 24% (October 3, 2023) (October 3, 2023) C$69.9M C$10.4M Institutional 12% Newmont 6% SHARES FULLY Management & Directors 2% OUTSTANDING DILUTED 145.5M 163.0M Analyst Co
Slide 16: 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 | 16
Slide 17: Near-Term Catalysts
Near-Term Catalysts Advancing Continued Exploration in Quebec Eau Claire Drill Results Significant 2023 drilling and exploration program underway with results through to year-end Percival Drilling Actively drilling the Percival Prospect Lac Clarkie Surface Sampling Focusing on infilling 2022 grids a
Slide 18: Appendix
FURY APPENDIX
Slide 19: 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 Current targeting focused on the emerging importance of shear zones Advanced Exploration Belt-wide geochem and geophysics complete Logi
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 MICHAEL HOFFMAN Chair of the Board Former CEO of Great Former VP Projects of Goldcorp Former VP of Investor
Slide 21: Contact Information
Contact Information +1 844 601 0841 info@furygoldmines.com www.furygoldmines.com
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