Fury Pursues New Gold Discoveries with a C$75mm Treasury with CEO Tim Clark (up to 20,000m in 2023)
“Following a highly successful drill program in 2022, we are excited to be returning to the Eau Claire resource and Percival Prospect. Our goal is to continue to expand the Eau Claire resource, which we know is open in all directions, while also looking for new discoveries elsewhere on the Eau Claire land package which we believe are possible at the Percival Prospect and to the East at our new targets discovered along the Cannard Deformation Zone,” commented Tim Clark, CEO of Fury. “Additionally, we are thrilled that Fury will start the year with C$16.2 million in the treasury and about C$60 million in current value in shares in Dolly Varden Silver, which arguably makes Fury one of the best-financed juniors in the sector.”
Fury (ticker: FURY) lays out its exploration plans for the Eau Claire project located in the Eeyou Istchee Territory in the James Bay region of Quebec in this episode. In 2023, the Company plans to drill between 15,000 and 20,000 metres at the project with the goals of 1) continuing expansion of the high-grade Eau Claire resource; 2) following up on the 2022 success at the Percival Prospect 14 kilometres to the east of Eau Claire; and 3) advancing several early-stage exploration targets along the Cannard Deformation Zone to the drill ready stage.
