Fury Gold Mines Limited · TSX:FURY

Fury Gold Mines — Investor Presentation (November 2021)

22 slides from Fury Gold Mines's investor presentation, Nov 1, 2021

  1. Slide 1: Finding Gold Is Our Business

    FINDING GOLD IS OUR BUSINESS TSX | NYSE_A: FURY Investor Presentation November 2021

  2. 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

  3. 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

  4. 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

  5. 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

  6. 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 M&I1: 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

  7. Slide 7: Environment, Social and Governance

    Environment, Social and Governance Build Upon Existing Relationships to Ensure Meaningful Engagement at Projects Fury 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 maintain the h

  8. Slide 8: Eau Claire – Eeyou Istchee James Bay Region of Quebec

    Eau Claire – Eeyou Istchee James Bay Region of Quebec Location and Infrastructure 8

  9. Slide 9: Eau Claire – Regional Geology and Targets

    Eau Claire – Regional Geology and Targets 13 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; m

  10. Slide 10: Eau Claire – Deposit Trend Target Areas

    Eau Claire – Deposit Trend Target Areas Exploration Drilling Continues to Reveal Significant Potential Plan view Exploring three mineralized structures along the deposit trend Deposit is open laterally and at depth Pending drill hole results: 5 Limb, 5 Snake Lake, 1 Gap Zone 10

  11. Slide 11: Eau Claire – Deposit Trend Long Section

    Eau Claire – Deposit Trend Long Section Resource Remains Open for Expansion in All Directions 11

  12. 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

  13. 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

  14. 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

  15. 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

  16. 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

  17. Slide 17: Committee Bay – Summer Work Program

    Committee Bay – Summer Work Program Advancing Targets to Drill Stage 17

  18. Slide 18: Committee Bay – Raven Prospect

    Committee Bay – Raven Prospect – combine with above slide Recognized New Geometry – All Four Holes Hit a Panel of Alteration and Veining Plan view 21RV012: 190m Coarse VG in quartz vein 1. Intercepts were calculated using a minimum of a 0.25 g/t Au cut off at beginning and end of the intercept and a

  19. Slide 19: 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 October 16, 2021) Directors Shares Outstanding 125.7M 4.5% Options Out. ($2.00 avg.) 7.4M High Net Warrants Out. ($1.27 avg.) 8.5M Retail Worth 59

  20. Slide 20: Catalyst Rich

    Catalyst Rich Multiple drill results pending from Eau Claire and Committee Bay Geochemical studies at Eau Claire land position completed – results pending Drill program designed to test robust Eau Claire targets Percival drilling planned for the first half of 2022 20

  21. Slide 21: Contact

    Contact: +1 437 500 2529 info@furygoldmines.com www.furygoldmines.com

  22. Slide 22: Analyst Coverage

    Analyst Coverage Firm Analyst MICHAEL CURRAN 416-507-3950 mcurran@beaconsecurities.ca MATTHEW O’KEEFE 416-849-5004 matthew.o’keefe@cantor.com HEIKO ILHE 212-356-0510 hihle@hcwresearch.com BARRY ALLAN 416-865-5798 AllanB@lb-securities.ca PHILIP KER 647-789-2407 pker@pifinancial.com 22

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