Pursuing Two New Gold Discovery Targets with C$65M Treasury explains Fury Gold Mines’ CEO Tim Clark

Fury Gold Mines (Ticker: FURY) is pursuing two new gold discoveries this year at their Eleonore South target and the Serendipity step-out target at its Eau Claire project, both in Quebec. Currently, Fury has a market cap of C$75M with a treasury of about C$65M ($10M cash and $55M $DV.v and other equities). In this MSE episode, CEO Tim Clark and SVP Exploration Bryan Atkinson provide an update and explain the company’s summer plans. Bryan also shares why the Eau Claire deposit with its updated resource is now a top-five Canadian gold deposit in its peer group.

Presentation: https://furygoldmines.com/investors/presentations/

Press Releases discussed: https://furygoldmines.com/fury-mobilizes-drill-to-the-serendipity-prospect-at-eau-claire/

0:00 Intro

0:46 New Serendipity target

2:35 Pursuing new discoveries

5:12 Eau Claire gold deposit is top five in Canadian peer group

6:26 $5M charity flow-through financing

7:00 Eleonore discovery target

10:44 Treasury: about $65M in cash and equities

14:00 Committee Bay project