Fury Gold Mines Limited Stock Price, News & Analysis

Fury (TSX/NYSE American: FURY) released assay results from the final four holes of its 2025 inaugural drill campaign at the Sakami gold project in James Bay, Quebec.

Key highlights include 26.0 m of 0.71 g/t Au (including 6.5 m of 1.76 g/t) in hole 25SK-005, 22.2 m of 0.83 g/t Au (including 1 m of 8.62 g/t) in hole 25SK-007, and a total 2025 program of 3,685 m in seven holes. Drilling extended near-surface mineralization ~185 m to the southwest, demonstrated continuity at La Pointe Extension, and intercepted mineralization between 50 m and 350 m depth.

Fury (TSX/NYSE American: FURY) reported results from its 2025 Committee Bay exploration drill program: six diamond holes totaling ~2,778 m. Four holes (2,041 m) targeted the Three Bluffs Shear Zone and intercepted gold across 315 m of strike with mineralized widths up to 19.5 m, including 5.73 g/t Au over 3.0 m inside 1.18 g/t over 19.5 m in hole 25TB155 (hole ended in mineralization).

Two holes (737 m) tested the Raven shear, with a 330 m step-out hole 25RV015 returning 4.59 g/t Au over 1.5 m and hole 25RV016 returning 1.01 g/t Au over 14.5 m (incl. 4.65 g/t over 1.5 m). The release restates the Three Bluffs inferred and indicated resource of 1.244 million oz Au combined (524k oz indicated at 7.85 g/t; 720k oz inferred at 7.64 g/t). QA/QC notes indicate assay variability on a specific interval where metallic screen re-testing showed no significant gold.

Fury (TSX: FURY) has started a 10,000‑metre fall/winter 2025 drilling program at the wholly owned Eau Claire gold project in James Bay to target resource growth and enhance the mine plan; two drill rigs are currently active on site. The program aims to expand high‑grade shoots, connect resources outside the PEA mineable portion, and seek additional growth opportunities.

Fury also updated the Kipawa rare earths project: the 4,300‑hectare property hosts historical Proven and Probable reserves of 19.8 million tonnes at 0.411% TREO (2013 study), but Fury has not verified these as current reserves. A new community council with First Nations representation has been established to evaluate next steps.

Fury (TSX: FURY / NYSE American: FURY) filed a 2025 Eau Claire Technical Report titled “Preliminary Economic Assessment of the Eau Claire Project” with an effective date of August 25, 2025, and a filing date of October 17, 2025. The Report was prepared under NI 43-101 standards and supports the September 2, 2025 Preliminary Economic Assessment disclosure.

Two independent Qualified Persons from SGS Geological Services—Maxime Dupéré, P.Geo. and Sarah Dean, P.Geo.—were added as co-authors, with specified responsibilities for mineral resource, geology, data verification, and property sections. The Report is available on Fury’s website and on SEDAR+.

Fury Gold Mines (TSX and NYSE American: FURY) has announced additional drilling results from its Sakami gold project in Quebec's James Bay region. The company completed 3,685 metres across seven holes spanning 2.5 kilometres of a 23 km long gold mineralized structure.

Key highlights include significant gold intercepts from drill holes: 25SK-002 with 49.5m of 0.6 g/t gold and 22.7m at 1.47 g/t gold, plus a notable silver discovery of 1.5m of 546 g/t silver; and 25SK-003 with impressive results of 59m of 1.59 g/t gold and 9.1m of 0.92 g/t gold. The 59m intercept represents the eighth highest grade-width intercept ever recorded at Sakami.

The mineralization remains open to the west and at depth, with a consistent high-grade gold core present within broader intervals. The project shows strong structural control and intense silicification, indicating a robust mineralized system.

Fury Gold Mines (TSX, NYSE: FURY) announced positive results from a Preliminary Economic Assessment (PEA) for its Eau Claire gold deposit in Quebec. The study evaluated three scenarios, with the Base Case showing an after-tax NPV(5%) of $554M and IRR of 41% at US$2,400/oz gold.

The project expects to produce 834,367 ounces of gold over an 11-year mine life, averaging 76,000 ounces annually at an AISC between US$1,140-1,170/oz. Initial capital requirements range from C$117M to C$217M depending on the development scenario, with rapid payback periods of 1.1-2.5 years.

The mine plan combines underground operations producing 702,000 ounces at 5.22 g/t gold with two small open pits yielding 132,000 ounces at 2.50 g/t gold. The project benefits from existing infrastructure including hydro power and road access, with 76% of the mine plan resources already in the Measured and Indicated category.

Fury Gold Mines (TSX/NYSE: FURY) has announced promising initial results from its inaugural drilling campaign at the Sakami gold project in Quebec. The first drill hole (25SK-001) intercepted five distinct zones of gold mineralization, with notable results including 41.5 metres of 1.23 g/t gold and 11.8 metres of 1.28 g/t gold.

The company has completed 3,160 metres of drilling across six holes at the project, which covers 14,250 hectares. The drilling confirmed mineralization continuity at La Pointe Extension prospect and identified a high-grade gold core that appears to strengthen down plunge. The project features a 23-kilometer-long targeted structure with significant exploration potential, with results pending from additional completed drill holes.

Fury Gold Mines (TSX/NYSE: FURY) has announced promising metallurgical test results from its Ninaaskumuwin lithium discovery in Quebec's Eeyou Istchee James Bay Territory. The tests revealed that the lithium mineralization is suitable for conventional extraction techniques, with Heavy Liquid Separation achieving 62.2% lithium recovery and 5.59% Li2O concentrate grade.

Key findings include spodumene content up to 42%, with spodumene being the sole lithium-bearing mineral. The pegmatite is free of impurities, suggesting potential for battery-grade lithium products. The project, located 60 kilometers north of the 'km 381' rest stop and 50 kilometers north of Rio Tinto's Galaxy Lithium project, recently reported drilling results of 32.35 meters of 1.16% Li2O.

Fury Gold Mines (TSX/NYSE American: FURY) has initiated its 2025 exploration drilling program at the Committee Bay project in Nunavut, Canada. The program encompasses 7-10 diamond drill holes totaling 5,000 metres, focusing on three key areas: the Three Bluffs Shear Zone, Raven prospect, and Burro West.

The Three Bluffs Gold deposit currently holds 524,000 oz of indicated gold resources at 7.85 g/t and 720,000 oz of inferred gold resources at 7.64 g/t. Previous drilling in 2021 yielded significant results, including intersections of 13.93 g/t gold over 10m and 18.67 g/t gold over 3m. The 2025 program will include 2,750m of drilling at Three Bluffs, 1,000m at Raven, and 500m at Burro West.