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Fury Gold Mines Ltd AUG


Primary Symbol: T.FURY Alternate Symbol(s):  FURY

Fury Gold Mines Limited is a Canada-based gold 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 23,000 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 250,000 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 100% interest in the Eleonore South project. The Eleonore South 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 juneau103on Jul 05, 2020 11:43am
191 Views
Post# 31225820

If, Spinco does in fact happen, this will be the first

If, Spinco does in fact happen, this will be the firstproject out of the gate, here is a review of the time line of events.
Probably a good time to review this,  The Golden Triangle is starting to heat up and there a a number of success stories to date.

Perhaps people on this board, that are more knowledgebale than I can start a comparison to others in the region.  Committee Bay, is now a 2021 story and beyond,, I just dont see the point of making this a focal point, at least for today.  CB is all about AI, engineering and geology on a 300KM structure, will AUG be able to unlock the mystery, hard to say.  

Homestake, is a good starting point for AUG-Canada ( Spinco ).  What is it really worth stand alone in a newco?  Time will only tell, not sure were going to have to wait that long

J 103 

News from Homestake Ridge

April 15, 2020: Auryn Delivers Positive Preliminary Economic Assessment for Homestake Ridge Gold Deposit
March 18, 2020: Auryn Provides Corporate Update and Addresses COVID-19 Impacts
June 4, 2019: Auryn Identifies New, Significant Gold and Silver Targets at the Homestake Ridge Project
August 17, 2018: Auryn Commences Drilling at Homestake Ridge Gold Project and Provides Update on Drilling Progress at Committee Bay
December 12, 2017: Auryn drills 10m of 4.12 g/t Au and 30m of 2.00 g/t Au at South Reef, at the Homestake Ridge Project
July 17, 2017: Auryn Commences Drilling at the Homestake Ridge Gold Project

https://www.aurynresources.com/projects/homestake-ridge/

 

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