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Bullboard - Stock Discussion Forum 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... see more

TSX:FURY - Post Discussion

Fury Gold Mines Ltd > A worthy consideration.....
View:
Post by juneau103 on Oct 13, 2020 3:21pm

A worthy consideration.....

Eleonore South JV

Overview & Highlights

Fury owns a 36.7% interest in the Eleonore South JV project, Newmont owns 36.7% and Azimut Exploration owns the remaining 26.6%. It is located in the Eeyou-Istchee/James Bay region of Quebec approximately five kilometers south of Newmont’s Eleonore mine property, which hosts the +5 million-ounce Roberto gold deposit. The Eleonore mine geology has been interpreted to extend onto the Eleonore South property. Fury currently acts as manager and operator of the joint venture on behalf of the partners.

https://furygoldmines.com/projects/eleonore-south-jv/

J 103  Pre the merge Newmont was one of AUG's largest investors....perhpas a re think as to why Eastmain and Aug connected....
something worth thinking about.....and Eleonore host 5 M oz......

Don't be tossing it the towel just yet, mining happens over time not over night! 

Comment by NorthernEmt on Oct 13, 2020 3:48pm
Let's not forget about Homestake with US $173 million NPV at $1,620 gold.  Also, Ivan is super excited about CB and the drilling next year.  There is a lot of value in our little Fury. PEA Highlights: US$108 million Net Present Value (NPV 5%) and an Internal Rate of Return (IRR) after tax of 23.6% at US$1,350/oz Gold US$670/oz gold All in Sustaining Costs (AISC)¹  ...more  
Comment by BullionGirl on Oct 13, 2020 6:16pm
And don’t forget about Eau Claire ! I think the Auryrn crew would have have checked it out thoroughly before the offer to Eastmain. Rivard is Fury’s exploration manager and was a senior exploration geologist at Newmont. I suspect Auryn sees something there that Eastmain didn’t pick up on. Hence the Eastmain Gradient Array IP survey prior to the Fury drilling. There may be pleasant surprises coming ...more  
Comment by techstocks88 on Oct 14, 2020 1:44am
This post has been removed in accordance with Community Policy
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