Fury Gold Mines Ltd. is pleased to announce that the Company and Newmont Corporation , through their respective subsidiaries, have completed the previously announced buy-out of the remaining approximately 23.77% participating interest of Azimut Exploration Inc. in the Éléonore South Joint Venture , on a pro-rata basis. As a result of the transaction, the 100% ESJV participating interests are Fury 50.022% and Newmont [...]
Azimut Exploration Inc. is pleased to announce the closing of two transactions in respect of the Eleonore South and Wabamisk properties in the Eeyou-Istchee James Bay region of Quebec. The Eleonore South transaction involved the Company exchanging its interest in the Eleonore South joint venture for 2.9 million of Azimut's issued and outstanding common shares, which Azimut cancelled upon acquisition. In addition, the [...]
Azimut Exploration Inc. is pleased to announce the execution of two definitive agreements in respect of the Eleonore South and Wabamisk joint ventures in the Eeyou-Istchee James Bay region of Quebec: Eleonore South Joint Venture - Sale by Azimut of its 23.77% participating interest in the Eleonore South Joint Venture to affiliates of Newmont Corporation and Fury Gold Mines Limited ; and Wabamisk Joint Venture - Transfer [...]
Fury Gold Mines Ltd. , is pleased to announce that Fury and Newmont Corporation as purchasers have concurrently agreed, through their respective subsidiaries, to buy-out the remaining approximately 23.77% participating interest of Azimut Exploration Inc. on a pro-rata basis. The 100% Éléonore South Joint Venture interests will then be Fury 50.022% and Newmont 49.978% with Fury remaining operator under an amended and [...]
Fury Gold Mines Ltd. is pleased to provide results for seven core drill holes at the Eau Claire project located in the Eeyou Istchee Territory in the James Bay region of Quebec. The 2022 exploration drilling program continues to demonstrate the potential to significantly expand the deposit to the west at the Hinge Target . Drill holes 22EC-046, 22EC-047 and 22EC-048 targeted a 150 to 200 metre extension of the intercept [...]
Fury Gold Mines Ltd. is pleased to announce the voting results from its Annual General Meeting of Shareholders held on June 29, 2022. Fury is pleased to confirm that each director nominee listed in the Company's management information circular dated May 20, 2022 in connection with the Meeting and as filed on SEDAR on May 24, 2022, were elected as directors of the Company to serve until the next annual general meeting, or [...]
Fury Gold Mines Ltd. announces that a second drill has been mobilized to its wholly-owned Eau Claire project in the Eeyou Istchee Territory in the James Bay region of Quebec. The second drill will test the refined targeting at the Percival Prospect. Drilling will consist of approximately 6,500 metres seeking to extend the higher-grade core of the Percival gold mineralization down plunge, as well as testing a highly [...]
Fury Gold Mines Ltd. announces that it has filed its shareholders meeting management information proxy circular for its June 29, 2022, annual general shareholders meeting . The Circular is available for download at www.sedar.com and contains disclosure about the Company's goals, governance, performance, and compensation policies. The Circular proposes the re-election of 5 directors for the ensuing year and the [...]
Fury Gold Mines Ltd. is pleased to announce the completion of a 29 line-kilometre Induced Polarization ground geophysical survey at the high-grade Percival prospect within the Eau Claire project located in the Eeyou Istchee Territory in the James Bay region of Quebec. The mineralization at Percival has a clear resistivity signature and the survey has identified a number of similar resistivity anomalies that coincide with [...]
Fury Gold Mines Ltd. announces that the Company has closed the private placement announced on April 12, 2022 . The Company issued 13.75 million common shares of the Company at a price of $0.80 for proceeds of C$11.0 million. Proceeds from the Private Placement will be used to fund continued exploration at the Company's Eau Claire project in Quebec and for general working capital. "We are thrilled to achieve the support [...]
Fury Gold Mines Ltd. announces that it has entered into subscription agreements with two placees who include a Canadian corporate investor and a US institutional investor for a private placement sale of 13.75 million common shares of the Company at a price of $0.80 for proceeds of CAD$11.0 million . Proceeds from the Private Placement will be used to fund continued exploration at the Company's Eau Claire project in Quebec [...]
Fury Gold Mines Ltd. is pleased to announce that the 2022 exploration drilling program has commenced at its wholly-owned Eau Claire project in the Eeyou Istchee Territory in the James Bay region of Quebec. The goal of the program is to expand the high-grade Eau Claire gold deposit and follow up on the Percival discovery. The drill program will initially consist of approximately 15,000 metres , focusing on extending the [...]
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