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FURY GOLD MINES LTD

US:FURYTSX:FURYLSE:0UJKTSX:AUG
US$0.5163Close 7 Oct 2026 · delayed

Past year: ▼ 9%(74.0c – 1.06 CAD)

Market cap
A$138m
Shares on issue
189m
Story beats
61 since 2019
Last event
13 July 2026

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

13 July 2026drilling result▲ GoodMajor

Fury reported 7.0 g/t gold over 21.0 metres at Eau Claire and mobilised a third drill rig. The headline says the company believes no other intercept of comparable true thickness has returned as high a grade at Eau Claire; that is the company's own claim.

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7 July 2026drilling progress report▲ GoodMajor

Fury started its 2026 drilling at Committee Bay in Nunavut, aimed at resource growth at three (headline cut off, probably the three targets). The 2024 season there was sampling only, with three targets declared drill-ready. This appears to return drilling to the belt (inference), but the text provided does not confirm the targets or metres.

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23 June 2026resource reserve update▲ GoodMajor

Fury announced metallurgical results for the Ninaaskumuwin lithium discovery, pointing to a potential direct-shipping concentrate of 6.0% lithium oxide and 77% of something (the headline is cut off, probably recovery). This builds on the July 2025 test results. It is test work, not a resource estimate.

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2 June 2026drilling result▲ Good

Fury reported 7.86 g/t gold over 9.43 metres in infill drilling at Eau Claire, continuing the 2026 infill results.

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19 May 2026resource reserve update● Neutral

Fury reported progress on its metallurgical testwork programme at Eau Claire, which tests how well gold can be recovered from the rock. Results are not in the text provided.

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23 Apr 2026drilling result▲ Good

Fury reported 12.50 g/t gold over 7.02 metres at a location described as outside the Eau Claire (the headline is cut off, so the rest of the description is missing). This is a high grade, but the text provided does not say how far from known mineralisation it is.

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17 Mar 2026drilling result▲ Good

Fury reported 11.74 g/t gold over 6.63 metres from infill drilling at Eau Claire and said it is starting Phase 2. Infill drilling tightens the spacing within the known deposit, rather than looking for new areas.

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23 Jan 2026resource reserve update● Neutral

Fury filed the technical report for the initial Sakami resource estimate announced on 8 December, with a qualified person consent from Olivier Vadnais-Leblanc. The filing is the report and consent only, and the resource figures are not in the text provided.

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8 Jan 2026drilling progress report● Neutral

Fury reviewed its 2025 achievements, set out 2026 exploration priorities and said winter drilling continues at Eau Claire. The specific priorities are not in the text provided.

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8 Dec 2025resource reserve update▲ GoodMajor

Fury announced an initial mineral resource estimate for Sakami, following the drill results of August and September. The tonnes, grade and ounces are not in the text provided.

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21 Oct 2025drilling progress report▲ Good

Fury started a 10,000-metre drill programme at Eau Claire. The same release updates the Kipawa Rare Earths Project, a project not previously in the record and probably QPM's (inference). Update details are not in the text provided.

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17 Oct 2025resource reserve update● Neutral

Fury filed a technical report for the Eau Claire project. It most likely supports the September preliminary economic assessment (inference). The figures are not in the text provided.

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4 Sept 2025drilling result▲ Good

Fury reported a Sakami intercept of 59 metres at 1.59 g/t gold, plus 1.5 metres at 546 g/t silver. This follows the 41.5 metres at 1.23 g/t reported on 12 August.

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2 Sept 2025resource reserve update▲ GoodMajor

Fury published a preliminary economic assessment for Eau Claire with a base-case after-tax NPV (5%) of $554 million and after-tax IRR of 41%. It is the first economic study in this record since the April 2020 Homestake Ridge study, a project later sold. A preliminary study is an early-stage estimate. Currency and key assumptions are not in the text provided.

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12 Aug 2025drilling result▲ Good

Fury announced initial drill results from the Sakami Gold Project in Quebec, led by 41.5 metres at 1.23 g/t gold. Sakami is a new name in the record, probably linked to the QPM acquisition (inference).

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22 July 2025resource reserve update▲ Good

Fury reported metallurgical test results on the Ninaaskumuwin lithium discovery, which the company calls encouraging. This is processing test work rather than a resource estimate, and the figures are not in the text provided.

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14 July 2025drilling progress report● Neutral

Fury announced the start of its 2025 drill programme. The headline is cut off, so the project is not named in the text provided.

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9 July 2025drilling result▲ GoodMajor

Fury reported a drill intercept of 32.35 metres at 1.16% lithium oxide at what it calls the Ninaaskumuwin discovery. This is probably the lithium found in surface samples in October 2024 (inference, since the headline does not name the property). It is a lithium hit on a company that has been a gold explorer.

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3 Feb 2025drilling progress report● Neutral

Fury says a drill has been mobilised to start its 2025 programme at Eleonore South. This follows the six targets defined there in November 2024 (inference: those are the likely focus; the text provided is cut off and does not say).

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12 Nov 2024drilling progress report● Neutral

Finalised six drill targets over more than three kilometres of folded sedimentary stratigraphy at Eleonore South, all in the rock package that hosts Newmont's Eleonore mine. The cached record ends here, with the targets defined and undrilled.

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24 Oct 2024drilling progress report● Neutral

Completed the 2024 Committee Bay season - sampling only, no drilling - and declared three targets drill-ready: the Three Bluffs shear that gave 13.93 g/t over 10 metres in 2021, Raven, and a third area. Three years after that 2021 intercept the belt has still not been drilled again.

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7 Oct 2024drilling result▲ Good

Outcrop sampling of lepidolite and spodumene pegmatites on the western claims at Eleonore South returned seven of 34 samples above 1.75% lithium oxide, peaking at 4.67%. A new commodity on a gold property, from surface samples over roughly 1,000 by 500 metres.

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9 Sept 2024drilling result● Neutral

Ten holes and 3,871 metres across five Serendipity targets produced two intercepts: 3 metres of 12.16 g/t gold in 24SD-009 and 1 metre of 5.27 g/t in 24SD-002, more than two kilometres apart. Eight of the ten holes are not reported as having hit anything worth quoting, so this is a scattering of high-grade points rather than a body.

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28 June 2024resource reserve update● Neutral

Filed the technical report supporting May's resource update, confirming the 36% increase in measured and indicated ounces and the 45% increase in inferred, and noting the Eau Claire vein geometry was steepened where new data warranted it.

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20 June 2024drilling progress report● Neutral

Sent a rig to the greenfield Serendipity prospect at Eau Claire for about 3,500 metres across three of ten geochemical targets, in the same setting as Percival. Historical holes over 800 metres away had returned 7.9 metres of 1.23 g/t and 12.1 metres of 1.38 g/t gold, in ground with anomaly values half those Fury is now targeting.

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4 June 2024drilling result● Neutral

Seven holes over 2,331 metres at Eleonore South, testing 100 to 125 metre down-dip extensions along 2.3 kilometres of the JT Moni trend, all returned anomalous gold: 137.5 metres of 0.44 g/t and 18.7 metres of 0.97 g/t in 24ES-161, 115.5 metres of 0.50 g/t in 24ES-162, 28 metres of 0.47 g/t in 24ES-160. Wide but low grade - bulk-tonnage style in the Cheechoo tonalite, an order of magnitude below Eau Claire's grades.

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14 May 2024resource reserve update▲ GoodMajor

Fury updated the Eau Claire resource and added a maiden Percival estimate, giving 1.16Moz Au measured and indicated (up 307koz, 36%) and 723koz inferred (up 223koz, 44.6%). The measured and indicated gain came from the Hinge Target, Gap Zone and East Extensions; most of the inferred gain was Percival's 211koz.

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13 Mar 2024drilling result● Neutral

The last five 2023 Percival holes: a 115-metre step-out west returned 15 metres of 0.88 g/t gold including 3 metres of 2.81 g/t, a 75-metre step-out gave 18 metres of 0.50 g/t, and a hole testing the plunge of the 2022 high-grade intercept returned 14.50 metres of 1.05 g/t. Mineralisation extends, but at roughly a tenth the grade of the 8.05 g/t intercept it was chasing.

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5 Mar 2024drilling progress report▲ Good

Biogeochemical sampling at Eleonore South found a gold anomaly up to 200 times background over an interpreted fold nose in the Low Formation sediments - the same rock package that hosts Newmont's Eleonore mine. Sampling only; drill targets to follow later in 2024.

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6 Feb 2024drilling result▲ GoodMajor

Final results from the 12,000-metre 2023 Hinge programme: 17.62 g/t gold over 3.5 metres including 29.80 g/t over 2 metres, within 135 metres of surface and open both upward and to the west, plus 8.5 metres of 3.35 g/t and 3.5 metres of 5.49 g/t. Near-surface high grade matters more than depth for a project of this size.

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