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Fury Gold Mines Ltd T.FURY

Alternate Symbol(s):  FURY

Fury Gold Mines Limited is a Canada-based exploration company. The Company's principal business activity is the acquisition and exploration of resource projects in Canada. It owns a 100% interest in the high-grade gold Eau Claire project, which is situated on over 24,000 hectares (ha) in the Eeyou-Istchee/James Bay region of Quebec. The Eau Claire project is located approximately 800 kilometers (km) north of Montreal and 350 km northwest of Chibougamau. It owns a 100% interest in the Committee Bay gold project located in Nunavut, Canada. The project includes over 270,000 ha, situated along the Committee Bay Greenstone Belt (CBGB). The CBGB comprises a number of Archean- aged greenstone belts occurring within the larger Western Churchill province of north-eastern Canada. It owns a 50.022% interest in the Eleonore South JV project. Eleonore South JV project is located in the Eeyou-Istchee/James Bay region of Quebec, approximately five km south of Newmont's Eleonore mine property.


TSX:FURY - Post by User

Post by figtraderon Jan 26, 2022 10:29am
281 Views
Post# 34362051

Tellurium at Eau Claire

Tellurium at Eau Claire The Eau Claire deposit contains a significant amount of tellurium as well as free gold. There is a positive correlation of gold and tellurium with multiple vein intersections containing in excess of one ounce of tellurium per ton (Table 1). Tellurium is one of the rarest metals on earth and is most frequently recovered as a byproduct from refining copper. Tellurium is used in semi-conductors and ceramics. It is often alloyed with cast iron, copper and stainless steel and added to lead to prevent corrosion. Increasingly, tellurium is being used to tint windows for "smart-heating" used in the manufacture of solar cells, CD's, DVD's, Blu-ray disks and flash drives. Recent advances in computer memory technology include a new application utilizing tellurium in "phase change memory chips" that can hold large amounts of data in a small space, replacing conventional memory chips. The price of tellurium over the past five years has varied from $10 to $180 per pound, however the demand from this new technology is likely to put pressure on the world's limited supply, causing an increase in tellurium metal price.

Article on Tellurium

https://pics.uvic.ca/research/tellurium-based-battery-technology-shows-promise-extend-range-electric-vehicles

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