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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 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... see more

TSX:FURY - Post Discussion

Fury Gold Mines Ltd > Tellurium at Eau Claire
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Post by figtrader on Jan 26, 2022 10:29am

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
Comment by hallidas1 on Jan 27, 2022 1:43pm
Hey figtrader, your references to tellurium at Eau Claire do you have any recent articles that you can point us to. The only ones  I saw were from many many moons ago (2009ish)
Comment by pennyflipping on Jan 27, 2022 7:34pm
1 Oz/ton is 32g/ton? , If it's only 9-180$ pound (452g), would that even be worth recovering? Seems like grasping at staws to me. If they aren't getting drill results back and planning the next drill campaign, Tellurium is the least of their concerns.... Right now fury is basically burning 350k/mo sitting idle..