Fury Gold Mines Ltd. is pleased to provide a targeting update on the 50,000-meter drill program at the Eau Claire project in Quebec, scheduled to commence in the first week of November. Exploration drill targets that are focused on expanding the deposit will test a one-kilometer down plunge extension. The program will also focus on several highly prospective, untested gold targets within the 7-kilometer deposit trend. The [...]
Fury Gold Mines Ltd. is pleased to announce the appointment of Lynsey Sherry as Chief Financial Officer. Dr. Sherry was formerly the Vice President, Controller at Goldcorp and will start at Fury's Toronto office in mid-November, taking over from Elizabeth Senez, who had been assuming the role as Interim CFO. Dr. Sherry is a fellow of the Institute of Chartered Accountants in England and Wales and acquired a PhD from the [...]
Fury Gold Mines Ltd. is pleased to announce that it has received the Permis d'Intervention from the Department of Forets, Faune et Parcs du Quebec, required for the initial 22 drill pads for its fully funded 50-thousand-meter drill program at the Eau Claire project in the James Bay region of Quebec. The program will initially utilize two drills, the first of which will initiate the infill program in the first week of [...]
Fury Gold Mines Ltd. is pleased to announce completion of the previously announced transaction resulting in Auryn Resources Inc. acquiring Eastmain Resources Inc. and forming Fury Gold. Prior to the merger, Auryn spun out its Peruvian assets into two new companies and distributed the shares to Auryn shareholders. Fury Gold has also now received the net proceeds of the previously completed C$23 million subscription receipt [...]
Auryn and Eastmain Resources are pleased to announce that they have entered into a definitive agreement pursuant to which Auryn will acquire all of the issued and outstanding shares of Eastmain, immediately following a spin out of Auryn's Peruvian projects to Auryn shareholders and completion of a concurrent financing The Transaction will create Fury Gold Mines Limited and two independent spin-out entities which will [...]
Auryn Resources Inc. is pleased to announce the conversion of the 2019 bridge loan by the loan holder into common shares, thereby leaving Auryn debt-free. The Company will issue a total of 1,952,084 common shares to the Lender at a price of CAD $1.60 per Share in accordance with the loan amendment that was completed on February 6th, 2020. From the total, 1,875,000 Shares will be issued for the $3 million principal loan [...]
Auryn Resources is pleased to announce the appointment of Elizabeth Senez as interim chief financial officer of the Company for a 14-month period effective July 1st, 2020. Ms. Senez is assuming the role while Auryn's chief financial officer, Stacy Rowa, takes maternity leave starting on or about August 1st, 2020. Ms. Senez is a fellow of the Institute of Chartered Accountants in England and Wales, having obtained her [...]
Auryn Resources is pleased to announce that it is resuming exploration activities at its Sombrero and Curibaya projects in southern Peru. The Company has received approval from the Peruvian government to resume work following restrictions that had been put in place due to COVID-19. A Message from Ivan Bebek, Executive Chairman & Director: "It is very exciting to be getting back to work in Peru. Our exploration [...]
Auryn Resources is pleased to announce a significant advancement in targeting high-grade gold mineralization at the 100% owned Committee Bay gold project in Nunavut. Auryn's technical team analyzed recent and historical drill results from across the 300-kilometer greenstone belt and differentiated the geophysical conductivity responses between high-grade and low-grade mineralization. This led to revisiting a number of [...]