Fury Gold Mines Ltd. , is pleased to announce that it has closed its previously announced bought deal private placement of 6,076,500 common shares of the Company that qualify as "flow-through shares" as defined under subsection 66 of the Income Tax Act and section 359.1 of the Taxation Act at a price of C$1.44 per FT Share for total gross proceeds to the Company of C$8,750,160 . The Offering was conducted by a syndicate [...]
Fury Gold Mines Ltd. is pleased to announce that, in connection with its previously announced bought deal private placement financing , it has entered into an amended agreement with Haywood Securities Inc., on behalf of itself and a syndicate of underwriters to increase the size of the Offering to 6,076,500 common shares of the Company that qualify as "flow-through shares" as defined under subsection 66 of the Income Tax [...]
Fury Gold Mines Ltd. is pleased to announce that it has entered into an agreement with Haywood Securities Inc., on behalf of itself and a syndicate of underwriters to be formed pursuant to which the Underwriters have agreed to purchase, on a bought deal private placement basis, 4,865,000 common shares of the Company that qualify as "flow-through shares" as defined under subsection 66 of the Income Tax Act and section [...]
Fury Gold Mines Ltd. is pleased to announce that its Board of Directors has appointed Brian Christie as an Independent Director, effective immediately. Mr. Christie served as the Vice President of Investor Relations at Agnico Eagle Mines Ltd. for over 9 years until June 2022, and is currently retained by Agnico Eagle as a Senior Advisor, Investor Relations. During his tenure at Agnico Eagle, the company was consistently [...]
Fury Gold Mines Ltd. is pleased to provide an update on targeting at the wholly owned Lac Clarkie project immediately to the east of its 100% owned Eau Claire project in the Eeyou Istchee Territory in the James Bay region of Quebec. The Company has defined a total of eight gold targets through the completion of a B-horizon soil sampling program . Six of the targets lie along the Cannard Deformation Zone which hosts [...]
Fury Gold Mines Ltd. is pleased to provide results for the final three 2022 core drill holes at the Eau Claire project located in the Eeyou Istchee Territory in the James Bay region of Quebec. The 2022 drill program successfully expanded the high-grade gold mineralized footprint at the Hinge Target, Gap Zone, and eastern expansion target areas. To date, the eleven holes drilled into the Hinge Target have had a hit rate of [...]
Fury Gold Mines Ltd. is pleased to recap the Company's corporate and exploration achievements from the last 12 months. Fury had a transformative 2022 with substantial drill results from the Hinge Target and the Gap Zone, expanding the mineralized footprint of the Eau Claire deposit by over 25%, and intercepting 8.05 g/t gold over 13.50 metres at the Percival Prospect; the consolidation of the Éléonore South Joint Venture [...]
Fury Gold Mines Ltd. is pleased to announce results for eight core drill holes at the Percival Main and Percival East prospects, located 14 kilometres east of the Eau Claire deposit in the Eeyou Istchee James Bay Territory of Quebec . Five of the drill holes targeted the westerly down plunge extension of the historical Percival mineralization . The results from the 2022 diamond drilling program confirm that the high-grade [...]
Fury Gold Mines Ltd. is pleased to provide results for three core drill holes at the Eau Claire project located in the Eeyou Istchee Territory in the James Bay region of Quebec. The three holes targeted the Gap Zone between the 450 Zone, which hosts the bulk of the Eau Claire defined resource , and the Hinge Target. Drill hole 22EC-058 intercepted three zones of gold mineralization across 42.5 metres drilled width [...]
Fury Gold Mines Ltd. NYSE American:FURY) is pleased to provide results for six core drill holes at the Eau Claire project located in the Eeyou Istchee Territory in the James Bay region of Quebec. Drilling to date has tested five target areas at the Eau Claire deposit, significantly expanding the mineralized footprint . Drill holes 22EC-049 and 22EC-055 currently represent the western most drill holes and have extended [...]
Fury Gold Mines Ltd. is pleased to announce the completion of the share sale transaction announced on October 3, 2022 . Fury sold 17 million common shares at C$0.40 per share in the capital of the Dolly Varden Silver Corp. , representing approximately 7.4% of the outstanding common shares, to a well known institutional investor. The proceeds of the Transaction will be used to finance continued exploration at Fury's Eau [...]
Dolly Varden Silver Corp. and Fury Gold Mines Ltd are pleased to announce that Dolly Varden's largest shareholder, Fury, with the approval and consent of Dolly Varden, has entered into a non-brokered agreement to sell 17 million common shares at C$0.40 per share in the capital of the Dolly Varden , representing approximately 7.4% of the outstanding Common Shares, to a well known institutional investor . Fury approached [...]