Welcome to our dedicated page for Fury Gold Mines news (Ticker: FURY), a resource for investors and traders seeking the latest updates and insights on Fury Gold Mines stock.
Fury Gold Mines Limited (FURY) generates frequent news flow as it advances a portfolio of exploration-stage gold, lithium and rare earth projects across Canada. Company news releases, many of which are furnished to the SEC on Form 6-K, cover technical results, economic studies, financings and portfolio developments at key assets such as the Eau Claire gold project in Quebec, the Committee Bay project in Nunavut, the Sakami gold project in Northern Quebec, the Elmer East lithium discovery and the Kipawa rare earths project.
Investors following FURY news can expect detailed updates on drilling campaigns, including assay results, mineralization continuity and step-out successes at targets like La Pointe Extension and Juliette at Sakami, the Three Bluffs deposit and Raven prospect at Committee Bay, and the Ninaaskumuwin lithium-bearing pegmatite at Elmer East. The company also reports on mineral resource estimates and technical milestones, such as the initial inferred mineral resource estimate for Sakami and the mineral resource estimate and Preliminary Economic Assessment for Eau Claire.
Corporate and capital markets announcements are another important news category. Fury’s releases describe equity financings, including brokered flow-through financings and private placements, as well as its equity position in Dolly Varden Silver Corp. Regulatory and technical updates, such as the filing of NI 43-101 technical reports and the addition of qualified persons as co-authors, are also disclosed through news and accompanying Form 6-K filings.
This news page aggregates these disclosures so readers can review Fury’s exploration results, project evaluations, financing activities and regulatory filings in one place. For those tracking the progress of Canadian gold exploration, emerging lithium prospects and rare earth initiatives, FURY news provides ongoing insight into how the company is advancing its portfolio.
Fury Gold Mines Limited has scheduled its 2021 Annual General and Special Meeting of Shareholders for June 24, 2021, at 1:00 p.m. ET. This meeting will be conducted virtually due to COVID-19 health restrictions. Shareholders entitled to vote were recorded as of May 19, 2021. Details and materials regarding the meeting are available on the company's website, and a presentation by senior management will follow the meeting. Fury focuses on exploration and development in Canada, emphasizing project advancement and sustainable practices.
Fury Gold Mines Limited has announced an updated geological framework for the Eau Claire project in Quebec, enhancing regional targeting through advanced surveys. This includes identifying two mineralization styles: quartz-tourmaline veins and sedimentary breccias at the Percival prospect. Plans for summer involve geochemical surveys and geological mapping, leading to drilling in Q4 2021. Historical data reflects high-grade mineralization potential, with new targets set to be explored. The company emphasizes improved data accuracy for better exploration outcomes.
Fury Gold Mines Limited (TSX:FURY)(NYSE American:FURY) has announced promising results from its ongoing exploration at the Eau Claire deposit in Quebec. Drill hole 21EC-022 yielded an impressive 23.27 g/t gold over 7.09 metres, marking it as the fifth-best result among over 900 drilled holes. The company aims to continue drilling to expand the resource further east, with preliminary results from Target A indicating high-grade intervals. The current resource is estimated at 204,000 ounces at 11.81 g/t gold. Fury's technical team remains optimistic about the site's potential for resource expansion.
Fury Gold Mines Limited (FURY) reports positive drill results from the Snake Lake structure, located 1 km east of the Eau Claire deposit in Quebec. Notable intersections include 94.1 g/t gold over 0.5m and 7.51 g/t gold over 2m, extending mineralization by 840m and 150m respectively. A new mineralized horizon was identified, enhancing the potential of the area. The company plans to switch to larger diameter drill cores to improve sample size and assay accuracy. CEO Mike Timmins emphasizes the potential for significant discoveries in the region.
Fury Gold Mines Limited (TSX:FURY) (NYSE American:FURY) announced significant progress in its exploration and corporate activities. Highlights include the initiation of a 50,000-meter drill program at Eau Claire, Quebec, with 40% completion to date, and identification of new target horizons. The company filed a C$200 million base shelf prospectus and partnered with ESG platform Digbee to enhance sustainability communication. Current drilling efforts focus on high-grade gold targets at Eau Claire while also preparing for potential projects at Homestake Ridge and Committee Bay.
Fury Gold Mines Limited (TSX:FURY)(AMEX:FURY) has filed a preliminary short form base shelf prospectus with the Ontario Securities Commission, allowing for the potential offering of up to C$200 million in various securities over the next 25 months. This includes common shares, warrants, and subscription receipts. The proceeds will primarily fund exploration at the Eau Claire, Homestake Ridge, and Committee Bay projects. The company anticipates its financial resources will support operations for the next 12 months.
Fury Gold Mines Limited has released promising results from its 25,000-meter resource expansion drill program at the Eau Claire deposit in Quebec. The program aims to expand the resource by exploring untested areas. Notable results include drill hole 21EC-013, which returned 3m at 8.87 g/t Au and 1m at 59.3 g/t Au. The inferred resource currently stands at 204,000 ounces grading 11.81 g/t Au. The company is optimistic about the potential for further resource expansion, especially in eastern and western extensions of the deposit.
Fury Gold Mines Limited (FURY) has released an update on its exploration at the Eau Claire project in Quebec, highlighting two new targets for potential resource expansion. The targets are located below the 850 zone, identified through enhanced understanding of mineralization controls. The company aims to drill these targets after completing initial holes at the Snake Lake target. Significant mineralization remains untested, providing opportunities for growth within the project's existing footprint.
Fury Gold Mines Limited (FURY) announced promising results from exploration drilling at the Eau Claire deposit, revealing significant gold mineralization. Notable findings include drill hole 21EC-007 with 15.3 g/t Au over 1.0m and 21EC-010 with 8.8 g/t Au over 1.5m, indicating a 600m extension of the known resource. The company is optimistic about further results and plans to target the Snake Lake area for additional drilling. These advancements suggest potential growth in the mineral deposit, bolstering investor confidence.
Fury Gold Mines Limited announces the appointment of Tim Clark as an independent director and Jeffrey Mason as Lead Director. Clark brings 23 years of global capital markets experience from major financial institutions, including BMO Capital Markets. Mason has extensive experience in precious and base metals projects, having served in key roles in various companies. The board change comes as Fury aims to enhance its corporate strategy and attract a diversified shareholder base. Blair Schultz, a key figure in the company’s formation, has resigned.