Fury Gold Mines Ltd. announces that the Company has closed the first tranche of its non-brokered private placement announced on September 22, 2021 . The Company issued 5,085,670 units at a price of CAD$0.75 per unit for gross proceeds of CAD$3,814,253. Each unit consists of one common share of Fury and one common share purchase warrant entitling the holder to purchase one Common Share at a price of CAD$1.20 for a period [...]
Fury Gold Mines Ltd. has arranged a private placement for approximately CAD$5.025 million dollars from the sale of 6.7 million units of the Company at a price of CAD$0.75 per Unit . Each Unit will consist of one common share of Fury and one common share purchase warrant . Each Warrant can be exercised to purchase a Common Share at an exercise price of CAD$1.20 until the date that is three years from the closing date. The [...]
Fury Gold Mines Ltd. is pleased to announce that the Company has entered into a Royalty Purchase Agreement for the purchase of a 2% net smelter return royalty on certain claims at its Homestake Ridge project in British Columbia . The purchase price is $400,000, payable 25% in cash and 75% in shares priced at the 5-day VWAP prior to completion on or before September 20, 2021, but in no event more than 328,367 shares or [...]
Fury Gold Mines Ltd. is pleased to provide a corporate and exploration update. Corporate Highlights Appointed Tim Clark, a 23-year veteran in institutional capital markets with experience in the global metals and mining industry, to the position of CEO; Mr. Clark is leading a change in strategy that focuses on exploration and discovery across the Company's core assets; Adjust primary exploration activities to focus on [...]
Fury Gold Mines Ltd. and today announces that Michael Timmins has resigned as President, Chief Executive officer and as a director of the Company, to focus on professional and family commitments, effective immediately. The Company also announces that it has appointed Tim Clark, a current director of the Company who also serves on the Audit committee, to the position of Chief Executive Officer and Director replacing Mr [...]
Fury Gold Mines Ltd. is pleased to provide results for eight core drill holes at the Eau Claire project located in the Eeyou Istchee Territory in the James Bay region of Quebec, including results from the Company's deposit drilling and initial results from the western extension targets. Three of the drill holes focused on the previously untested Hinge target at the western limit of the Eau Claire deposit. Significant [...]
Fury Gold Mines Ltd. is pleased to announce that it has commenced drilling at its Committee Bay project in the Kitikmeot region of Nunavut. Fury controls a 270,000-hectare land position, which is situated across a 300-kilometre greenstone belt, with multiple high-grade target centres. The Company's 5,000-metre drill program is designed to expand the defined high-grade mineralization at the Raven prospect, which has [...]
Fury Gold Mines Ltd. and is pleased to announce the voting results from its Annual General & Special Meeting of Shareholders held on June 24, 2021. Fury is pleased to confirm that each director nominee listed in the Company's management information circular dated May 21, 2021 in connection with the Meeting and as filed on SEDAR on May 28, 2021, were elected as directors of the Company to serve until the next annual [...]
Fury Gold Mines Ltd. confirms the details of its 2021 Annual General and Special Meeting of Shareholders , which will be held on Thursday, June 24, 2021 at 1:00 p.m. ET. Due to the continuing public health restrictions relating to the COVID-19 pandemic, and having regard to the health and safety of the Company's directors, employees and shareholders, the Meeting will be held in a virtual-only format via a live webcast [...]
Fury Gold Mines Ltd. and is pleased to announce an updated geological framework that has enhanced the regional targeting at the Eau Claire project located in the Eeyou Istchee Territory in the James Bay region of Quebec. Targets have been refined through the re-interpretation of airborne magnetic and electro-magnetic surveys and associated 3D inversions . Target areas are defined by complex structural zones and associated [...]
Fury Gold Mines Ltd. is pleased to announce results from its ongoing resource expansion and exploration drill program at the Eau Claire deposit located in the Eeyou Istchee Territory of the James Bay region, Quebec. Drill hole 21EC-022 intersected 23.27 g/t gold over 7.09 metres in the southeast margin of the defined resource further demonstrating the potential to significantly expand the resource down plunge to the east [...]
Fury Gold Mines Ltd. is pleased to announce the results from four out of five drill holes into the Snake Lake structure one kilometre east of the known resource at the Eau Claire deposit located in the Eeyou Istchee Territory in the James Bay region of Quebec. Drill hole 21EC-018 intersected 94.1 g/t gold over 0.5m, extending high-grade mineralization 840 metres down dip and drill hole 21SL-001 intersected 7.51 g/t gold [...]