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Unleashing the Fury: Canada’s newest exploration and development company, Fury Gold Mines
The Homestake Ridge project in B.C.’s Golden Triangle. / Projet Homestake Ridge dans le « Triangle d’or » en C.-B.
Fury Gold Mines is building the Homestake Ridge project in B.C. and a Canadian-focused mining the Committee Bay project in Nunavut, company by aggressively with drilling anticipated in 2021. exploring its premier portfolio The drill program at Eau Claire will of development projects situated in consist of 50,000 metres and will high-grade gold mining regions across the commence in early November. Eau Claire country. has a recent PEA based on a high-quality
The company was formed following the mineral resource of 853,000 ounces at reorganization of Auryn Resources and 6.18 g/t gold measured & indicated and its subsequent acquisition of Eastmain 500,000 ounces at 6.53 g/t gold inferred. Resources in early October. Fury is led The exploration program at Eau Claire by CEO, Mike Timmins, formerly the VP includes infill, extension, and step-out of corporate development at Agnico drilling and aims to expand the current Eagle Mines, and board chair, Ivan Bebek, resource and test the deposit trend for formerly executive chairman of Auryn scale. Resources. Homestake Ridge is a PEA-level, gold
Fury is fueled with approximately C$20 and silver project located in the Golden million in its treasury and plans to conduct Triangle of B.C. with a mineral resource of a minimum of 80,000 metres across its 166,000 ounces at 7.02 g/t gold and 1.8M multi-million-ounce three-asset platform ounces at 74.8 g/t silver indicated, and over the next year, starting in Quebec at 816,700 ounces at 4.58 g/t gold and 17.8M the Eau Claire project. Program planning ounces at 100 g/t silver inferred. Fury and target development are ongoing for has a return to exploration approach for Homestake and is planning a program for the summer of 2021 to increase the ounce profile of the project and the quality and scale of the potential mining scenario.
Shareholders of Fury are also positioned to benefit from the massive discovery potential at the Committee Bay project, which is comprised of a 300-kilometre greenstone belt in Nunavut, anchored by the Three Bluffs deposit of 524,000 ounces at 7.85 g/t gold indicated and 720,000 ounces at 7.64 g/t gold inferred. Drilling in the summer of 2021 will focus on expanding the current resource, as well as on a suite of regional targets associated with known gold-bearing systems within trucking distance of Three Bluffs.
With the people, the projects, and the playbook, Fury Gold Mines is launching a campaign of continuous exploration activity that will provide the market with a flow of catalysts to drive value on a per shares basis in today’s robust gold market. u