STOCK TITAN

Fury Gold Mines Limited - FURY STOCK NEWS

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 (TSX:FURY, NYSE American:FURY) is a Canadian-focused exploration and development company strategically positioned within three prolific mining regions: James Bay, Quebec; the Golden Triangle, British Columbia; and the Kitikmeot Region, Nunavut. The company's core projects include the Eau Claire, Homestake Ridge, Committee Bay, Eleonore South Joint Venture (JV), and Gibson MacQuoid, with a primary focus on advancing its flagship asset, the Eau Claire deposit.

The recent completion of the agreement to acquire Newmont Corporation's interest in the Eleonore South gold project, along with 30,392,372 shares of Sirios Resources Inc., underscores Fury's strategic expansion within the James Bay region. This acquisition enhances Fury's prospects for new discoveries and potential growth, reinforcing its commitment to exploration excellence.

Fury's exploration activities continue to yield promising results. The identification of a geochemical gold anomaly at Eleonore South and the completion of significant drilling programs at the Eau Claire and Percival deposits highlight the company's robust pipeline of exploration projects. The 2024 updated Mineral Resource Estimate for the Eau Claire deposit now stands at 1.16Moz gold in the Measured and Indicated category, and an additional 723koz gold in the Inferred category, reflecting the company's success in resource expansion.

Financially, Fury is well-capitalized, having recently secured C$4,005,750 through the sale of common shares of Dolly Varden Silver Corp. These funds will be allocated toward ongoing exploration projects, particularly at the Eau Claire and Eleonore South sites. Fury's strategic investments, including its substantial holding in Dolly Varden Silver Corp, further solidify its financial position.

Under the leadership of CEO Tim Clark, Fury is committed to upholding the highest industry standards for corporate governance, environmental stewardship, community engagement, and sustainable mining. The company's management team and board of directors possess a proven track record in financing and advancing exploration assets, driving Fury's mission to grow its multi-million-ounce gold platform.

For more information on Fury Gold Mines Limited, visit www.furygoldmines.com.

Rhea-AI Summary
Fury Gold Mines Limited (FURY) has released additional results from the 2023 infill drilling program at the Hinge Target at the Eau Claire gold project in Quebec. The drilling program has increased confidence in the geological model and potential for resource expansion to the west. Notably, the program exceeded planned drilling and came in under budget, positioning Fury as one of the best junior explorers in the sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.49%
Tags
none
-
Rhea-AI Summary
Fury Gold Mines Limited has announced positive results from the first five core drill holes at the Percival Main prospect in Quebec. Drill hole 23KP-015 intercepted 279 g/t Au over 1.5 m, while three other drill holes extended the gold mineralized zone. The company has additional drill results pending and remains optimistic about the potential of the Percival Prospect.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.5%
Tags
none
-
Rhea-AI Summary
Fury Gold Mines reports positive drill results at the Hinge Target, highlighting the importance of the target to the expansion of the Eau Claire Deposit. Results include 3.5m of 5.73 g/t gold and 11.27 g/t Tellurium. The company remains confident in its position in the junior exploration sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.72%
Tags
none
Rhea-AI Summary
Fury Gold Mines appoints Isabelle Cadieux as Independent Director, bringing extensive experience in mineral exploration and financing. Her expertise will strengthen Fury's ability to explore potential discoveries in Canadian projects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.54%
Tags
management
-
Rhea-AI Summary
Fury Gold Mines has resumed exploration activities at the Eau Claire gold project in Quebec after the lifting of the fire evacuation order. The company will focus on expanding the Eau Claire deposit and the Percival Prospect.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.31%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.48%
Tags
none
-
Rhea-AI Summary
Fury Gold Mines has paused all exploration activities at its Eau Claire project in Quebec due to an emergency fire evacuation order. The Minister of Natural Resources mandated the halt of mining exploration activities and the evacuation of personnel. Fury will continue to monitor the situation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.71%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.93%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.57%
Tags
none

FAQ

What is the current stock price of Fury Gold Mines (FURY)?

The current stock price of Fury Gold Mines (FURY) is $0.3799 as of December 20, 2024.

What is the market cap of Fury Gold Mines (FURY)?

The market cap of Fury Gold Mines (FURY) is approximately 54.0M.

What are the main projects of Fury Gold Mines Limited?

Fury Gold Mines' main projects include Eau Claire, Homestake Ridge, Committee Bay, Eleonore South JV, and Gibson MacQuoid.

Where are Fury Gold Mines' exploration activities focused?

Fury Gold Mines focuses its exploration activities in three prolific mining regions: James Bay, Quebec; the Golden Triangle, British Columbia; and the Kitikmeot Region, Nunavut.

What recent acquisition has Fury Gold Mines completed?

Fury Gold Mines recently completed the acquisition of Newmont Corporation's interest in the Eleonore South gold project and 30,392,372 shares of Sirios Resources Inc.

How much gold is estimated in the Eau Claire deposit?

The Eau Claire deposit has an estimated 1.16Moz gold in the Measured and Indicated category, and an additional 723koz gold in the Inferred category.

What financial moves has Fury Gold Mines made recently?

Fury Gold Mines secured C$4,005,750 through the sale of common shares of Dolly Varden Silver Corp, which will be used to fund ongoing exploration projects.

Who is the CEO of Fury Gold Mines Limited?

Tim Clark is the CEO of Fury Gold Mines Limited.

What is Fury Gold Mines’ approach to corporate governance?

Fury Gold Mines is committed to upholding the highest industry standards for corporate governance, environmental stewardship, community engagement, and sustainable mining.

How can I get more information about Fury Gold Mines?

For more information about Fury Gold Mines, you can visit their website at www.furygoldmines.com.

What are the latest exploration highlights for Fury Gold Mines?

Recent highlights include identifying a robust geochemical gold anomaly at Eleonore South and expanding the resource estimate at the Eau Claire deposit.

What regions in Canada does Fury Gold Mines operate?

Fury Gold Mines operates in James Bay, Quebec; the Golden Triangle, British Columbia; and the Kitikmeot Region, Nunavut.

Fury Gold Mines Limited

NYSE:FURY

FURY Rankings

FURY Stock Data

54.03M
148.31M
2.03%
13.66%
0.13%
Other Industrial Metals & Mining
Basic Materials
Link
United States of America
Vancouver