Fury Gold Mines Limited · TSX:FURY
Fury Gold Mines — Investor Presentation (July 2022)
19 slides from Fury Gold Mines's investor presentation, Jul 6, 2022
Slide 1: Exploring for High-Grade Gold in Canada
EXPLORING FOR HIGH-GRADE GOLD IN CANADA TSX | NYSE-A: FURY Haywood Marketing July 6, 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 Actively drilling multiple robust exploration projects in Quebec Strong balance sheet with C$12.4M in treasury and 76.5M shares in marketable securities in Dolly Varden Silver Experienced management tea
Slide 5: Experienced and Balanced Management Team
Experienced and Balanced Management Team Management Team TIM CLARK LYNSEY MICHAEL BRYAN ATKINSON CEO & Director SHERRY HENRICHSEN SVP, Exploration CFO Chief Geological Officer Board of Directors JEFFREY MASON* STEVE COOK* MICHAEL HOFFMAN* SAGA WILLIAMS* Lead Director 5 *Independent
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 (38.12%) Operator Quebec Dolly Varden Eau Claire Kitsault Valley Project Quebec, PEA‘18 33% Fury Ow
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 Offers significant synergies of two adjacent projects Fury holds two Dolly Varden Board seats Hecla owns a 10% eq
Slide 8: Environment, Social and Governance
Environment, Social and Governance Build Upon Existing Relationships to Ensure Meaningful Engagement Fury strives to maintain the highest standards of environmental protection and community engagement throughout all of its projects. ESG Update Environment Social Governance Stewardship training for
Slide 9: Eau Claire – Eeyou Istchee James Bay Region of Quebec
Eau Claire – Eeyou Istchee James Bay Region of Quebec Excellent Access to Infrastructure Quebec Hydro Power : 99.8% hydro power Top 4 hydro producer 30% cheaper power than other G7 country Discount rate 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
Slide 14: 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 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 Apr. 20, 2022) Analyst Coverage Shares Outstanding 139.4M Michael Curran, CFA Options ($1.69 avg. price) 7.9M Warrants ($1.28 avg. price) 7.7M Heiko F. Ilhe, CFA Fully Diluted 155.1M Three-month avg. (Cda/US) 97k/222k Barry Allan Market Cap
Slide 17: Catalysts for 2022
Catalysts for 2022 Continued Exploration in Quebec EAU CLAIRE Drilling commenced in April 2022 Drill results start summer 2022 PERCIVAL Drilling commenced in June 2022 Drill results start summer 2022 ESJV Geochemical studies (results pending) and potential drilling end of year Follow-up targeting wo
Slide 18: Contact
Contact: +1 844 601 0841 info@furygoldmines.com www.furygoldmines.com
Slide 19: 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