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Fury Gold Mines Ltd 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 montydogon Jan 18, 2022 8:43am
324 Views
Post# 34327622

Yesterday’s post on LinkedIn

Yesterday’s post on LinkedIn

If you followed the share price vs. the news from Fury in the last 12 months you would have missed some considerable fundamental advancements within Fury. 1. Confirmation that the Hinge Zone at Eau Claire is a considerable target. 2. Drilled 10 m of 14 Grams Gold intersected in a step out at Committee Bay which is opening the scale of Three bluffs and targeting possibilities along the belt. 3. Homestake Ridge merged with Dolly Varden Silver - one of the more obvious project synergies where both sides can capitalize significantly in the coming programs. 4. CDN $1.9 mm refund received from Quebec Gov in late December this puts the company in very good shape financially as it looks to close the DV transaction. Pending News/results: 1. Snake lake holes 2. Raven holes 3. Percival Surface work ( a favourite target of mine ) 4. ESJV Surface work The results from 2022 are still coming in however the results in have been what we are looking for or better than expected so far. I don't agree with the share price performance or massive gap in valuation at all however I remain patient with the sector sentiment and gold price which is anticipated by many to change considerably in the coming months. I am very excited to be working with Tim Clark the new CEO Happy to accumulate at the very appealing valuations with the current financial position, news pending and a very positive outlook on gold. #gold #goldexploration #goldstocks #contrarian #silver


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