Fury Gold Mines Limited · TSX:FURY
Fury Gold Mines — Investor Presentation (September 2021)
24 slides from Fury Gold Mines's investor presentation, Sep 8, 2021
Slide 1: Finding Gold Is Our Business
FINDING GOLD IS OUR BUSINESS TSX | NYSE_A: FURY Investor Presentation September 2021
Slide 2: Disclaimer
Disclaimer Terms of Use and Disclaimer This presentation is being provided for the sole purpose of providing the recipients with background information about Fury Gold Mines Limited. (the “Company”). The Company has made reasonable efforts to ensure that the information contained in this presentatio
Slide 3: Cautionary Note to United States Investors
Cautionary Note to United States Investors as amended. However, these terms are not defined terms under the SEC’s new mining rules. The SEC has adopted amendments to its disclosure rules to modernize the mineral property disclosure requirements for issuers whose securities are registered with the SE
Slide 4: A Well Positioned Canadian Gold Exploration Company
A Well Positioned Canadian Gold Exploration Company “Our timing, opportunities and discipline will be key in our performance for shareholders as we ender the next leg up in the gold market.” Highly experienced management and technical team with a record of success High degree of optionality due to m
Slide 5: Balanced Management Team
Balanced Management Team Management and Board of Director 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 WIL
Slide 6: Advancing High-Grade, Low-Risk Gold Portfolio
Advancing High-Grade, Low-Risk Gold Portfolio Committee Bay Eau Claire Nunavut, MRE ‘17 Quebec, PEA‘18 Ind 3: 524,000 oz at 7.85g/t Au Ind1: 808,000 oz at 6.65 g/t Au Inf 3: 720,000 oz at 7.64 g/t Au Inf 1: 458,000 oz at 7.48 g/t Au Pursuing multi-million ounce discoveries Target to multiply with ex
Slide 7: Environment, Social and Governance
Environment, Social and Governance Build Upon Existing Relationships to Ensure Meaningful Engagement at Projects Fury Gold Mines understands the shared value that mining can bring but also understands its risks and the importance of responsible and sustainable development. The Company strives to mai
Slide 8: Eau Claire – Eeyou Istchee James Bay Region of Quebec
Eau Claire – Eeyou Istchee James Bay Region of Quebec Location and Infrastructure 8
Slide 9: Eau Claire – Regional Geology and Targets
Eau Claire – Regional Geology and Targets 9 High Priority Targets Advancing to Drill Stage 30 kilometres of discovery potential along the Cannard deformation corridor Follow up on Percival discovery (2018); prepare prospect for Q4 drilling Summer program focused on six principal regional targets; ma
Slide 10: Eau Claire – Deposit Trend Target Areas
Eau Claire – Deposit Trend Target Areas Exploration Drilling Continues to Reveal Significant Potential Plan view Pending drill hole results: 5 Limb, 5 Snake Lake, 1 Gap Zone 10
Slide 11: Eau Claire – Deposit Trend Long Section
Eau Claire – Deposit Trend Long Section Resource Remains Open for Expansion in All Directions 11
Slide 12: Snake Lake – Second Structure Runs Parallel to Eau Claire
Snake Lake – Second Structure Runs Parallel to Eau Claire Drilling Multiple Gold Bearing Structures 5 Holes pending 12
Slide 13: Eau Claire – 850 Zone Fold Hinge
Eau Claire – 850 Zone Fold Hinge Drill Test – High-Grade Veins and Broad Zones of Mineralization Deposit open to the west down plunge The Eau Claire resource is located at the contact between two distinct basaltic units Further exploration drilling planned 13
Slide 14: Percival Mineralization Style – Favourable Stratigraphy
Percival Mineralization Style – Favourable Stratigraphy New Interpretation of Target Area Mineralization at margin of folded, steeply plunging magnetic stratigraphy Summer Exploration: 6.5-kilometre geochemical grid over the Percival corridor Drilling winter 2022 14
Slide 15: 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 16: Committee Bay – Large-Scale Exploration in Nunavut
Committee Bay – Large-Scale Exploration in Nunavut A Unique Opportunity with World Class Discovery Potential Drilled the high-grade Raven shear zone Summer 2021 – Results pending (4 holes) Drilled Three Bluffs deposit extension conductor target – Results pending (1 hole) Advanced Exploration Over 27
Slide 17: Committee Bay – Summer Work Program
Committee Bay – Summer Work Program Advancing Targets to Drill Stage 17
Slide 18: Committee Bay – Raven Regional Shear Zone Corridor
Committee Bay – Raven Regional Shear Zone Corridor Successfully Intersected the Gold Bearing Structure - 8km Potential 1. Intercepts were calculated using a minimum of a 0.25 g/t Au cut off at beginning and end of the intercept and allowing for no more than six consecutive metres of less than 0.25 g
Slide 19: Committee Bay – Raven Prospect
Committee Bay – Raven Prospect Recognized New Geometry – All Four Holes Hit a Panel of Alteration and Veining Plan view 21RV012: 190m Coarse VG in quartz vein VG 21RV011: 171.57m Aspy Coarse arsenopyrite, VG 1. Intercepts were calculated using a minimum of a 0.25 g/t Au cut off at beginning and end
Slide 20: Committee Bay – Three Bluffs
Committee Bay – Three Bluffs Exploration Drilling to Demonstrate Resource Expansion High-grade mineralization associated with EM conductors – untested 600m x 200m target Stepping down 150m-300m from high-grade intercepts 1. Intercepts were calculated using a minimum of a 2.0 g/t Au cut off at beginn
Slide 21: Our Shareholders are Our Biggest Strength
Our Shareholders are Our Biggest Strength Primary Focus on Money in the Ground Ratio Newmont Share Structure TSX & NYSE-A / FURY 6.5% Management & (as of August 3, 2021) Directors Shares Outstanding 117.9M 4.5% Options Out. ($2.20 avg.) 6.6M High Net Warrants Out. ($1.77 avg.) 1.1M Retail Worth 59%
Slide 22: Analyst Coverage
Analyst Coverage Firm Analyst Target Price MICHAEL CURRAN 416-507-3950 CAD$5.00 mcurran@beaconsecurities.ca MATTHEW O’KEEFE 416-849-5004 CAD$2.25 / US$1.80 matthew.o’keefe@cantor.com HEIKO ILHE 212-356-0510 US$2.40 hihle@hcwresearch.com BARRY ALLAN 416-865-5798 CAD$2.65 AllanB@lb-securities.ca PHILI
Slide 23: Catalyst Rich
Catalyst Rich Shift to exploration from development Multiple drill results pending from Eau Claire and Committee Bay Exploration drilling at robust Eau Claire targets Percival drilling planned for the first half of 2022 23
Slide 24: Contact
Contact: +1 437 500 2529 info@furygoldmines.com www.furygoldmines.com
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