Research analysts covering FURY GOLD MINES.
Recent press releases and 8-K filings for FURY.
Fury Gold Mines Limited Announces Initial Sakami Project Mineral Resource Estimate and QPM Acquisition
FURY
New Projects/Investments
M&A
- Fury Gold Mines Limited announced an initial Mineral Resource Estimate (MRE) for the La Pointe Extension target on its Sakami gold project, reporting 825,000 ounces of gold (Au) at a grade of 1.07 g/t in the Inferred Category, with an effective date of November 11, 2025. This marks the first MRE completed for the Sakami Project.
- The Sakami property was consolidated under Fury Gold Mines Limited following its acquisition of Quebec Precious Metals Corporation (QPM) on April 28, 2025.
- During the 2025 campaign, Fury completed seven diamond drill holes totaling 3,686.4 meters, all of which intercepted gold mineralization at the La Pointe Extension target.
- Recommended future exploration programs for the Sakami Project have an estimated total cost of C$8,025,000 for Phase 1 and Phase 2 activities.
Jan 23, 2026, 8:38 PM
Azimut Exploration Announces Advancement of Fortin Antimony-Gold Zone
FURY
New Projects/Investments
- Azimut Exploration Inc. has commenced a new minimum 5,000-meter diamond drilling program on the Fortin antimony-gold zone at its wholly owned Wabamisk Property.
- The Fortin Zone is evolving into one of Canada's largest antimony-bearing mineralized systems, currently outlined as 1.8 kilometers long and 250 meters deep, and remains open in all directions.
- Initial metallurgical tests and market studies have been initiated for antimony products from the Fortin Zone, a critical mineral experiencing supply shortages and export restrictions.
- The company is also delineating a separate gold target immediately south of Fortin and has completed drilling on the Rosa Zone (gold), with assay results pending.
Jan 21, 2026, 5:01 AM
Fury Gold Mines Reviews 2025 Achievements, Outlines 2026 Exploration Priorities
FURY
New Projects/Investments
Guidance Update
- Fury Gold Mines Limited reported significant achievements in 2025, including a preliminary economic assessment (PEA) for the Eau Claire gold project demonstrating an after-tax NPV5% of C$554 million and an after-tax IRR of 41% at a $2,400/ounce gold price, with 834,000 ounces of gold recovered over an 11-year mine life.
- The company published an initial inferred mineral resource estimate for the Sakami gold project in December 2025, identifying 825,000 ounces of gold from 23.9 million tonnes grading 1.07 grams per tonne gold.
- Fury expanded its Quebec exploration portfolio to over 157,000 hectares through the acquisition of Quebec Precious Metals in April 2025 and strengthened its balance sheet by closing a C$18.0 million brokered flow-through financing and securing a C$4.3 million private placement from Agnico Eagle Mines Limited.
- For 2026, Fury has commenced a winter drilling program at Eau Claire, with 6,600m drilled to date out of an anticipated 12,000m to 13,000m total, and is finalizing plans for an up to 5,000m drill program at the Committee Bay gold project.
Jan 8, 2026, 2:46 PM
Fury Gold Mines Announces Initial Mineral Resource Estimate for Sakami Gold Project
FURY
New Projects/Investments
- Fury Gold Mines Limited announced an initial inferred mineral resource estimate (MRE) for the La Pointe Extension target on its wholly owned Sakami gold project in Quebec, effective November 11, 2025.
- The MRE totals 23.9 million tonnes (Mt) grading 1.07 grams per tonne (g/t) gold (Au), containing 825,000 ounces (oz) of gold.
- All of these ounces are projected to be in-pit within 400 meters (m) of surface, and the resource remains open in all directions with significant expansion potential.
- The La Pointe Extension discovery cost was less than C$9/oz.
Dec 8, 2025, 12:00 PM
Fury Gold Mines Reports Increased Q3 2025 Loss, Completes QPM Acquisition, and Advances Key Projects
FURY
Earnings
M&A
New Projects/Investments
- Fury Gold Mines Limited reported a net loss of $4,699 thousand and loss per share of C$0.03 for the three months ended September 30, 2025, an increase from the prior year, primarily driven by higher exploration and evaluation costs.
- The company completed the acquisition of Quebec Precious Metals Corporation on April 28, 2025, issuing 8,394,045 shares with a fair value of $4,533 thousand.
- Fury Gold announced positive Preliminary Economic Assessment (PEA) results for its Eau Claire gold deposit on September 2, 2025, with the Toll Milling Case yielding an after-tax NPV5 of $639 million and an IRR of 84% at a gold price of US$2,400 per ounce.
- The company recently closed private placements in October and November 2025, raising $18 million and $1.3 million respectively , and commenced a 10,000m drilling program at Eau Claire on October 21, 2025.
Nov 13, 2025, 9:09 PM
Fury Gold Mines Announces 2025 Committee Bay Drilling Results
FURY
New Projects/Investments
- Fury Gold Mines Limited announced the results of its 2025 exploration drilling program at the Committee Bay project in Nunavut, Canada, which comprised six diamond drill holes totaling approximately 2,778 metres.
- At the Three Bluffs Shear Zone, four drill holes extended gold mineralization across 315m of strike, with a notable intercept of 5.73 grams per tonne (g/t) gold across 3.0m within a broader interval of 1.18 g/t gold over 19.5m.
- The remaining two drill holes at the Raven Shear Zone included a 330m step-out that intercepted 4.59 g/t gold over 1.5m, validating the target.
- CEO Tim Clark commented that the 2025 drilling successfully extended mineralization at Three Bluffs and validated the Raven Target, indicating good potential for further expansion of known gold zones.
Nov 10, 2025, 11:59 AM
Fury Gold Mines Announces 2025 Committee Bay Drilling Results
FURY
New Projects/Investments
- Fury Gold Mines Limited announced the results of its 2025 exploration drilling program at the Committee Bay project, which included six diamond drill holes totaling approximately 2,778 meters.
- The program successfully extended gold mineralization at the Three Bluffs Shear Zone, with four drill holes intercepting gold across 315m of strike and a highlight of 5.73 g/t gold over 3.0m within a broader 1.18 g/t gold over 19.5m interval (Hole 25TB155).
- At the Raven Shear Zone, two drill holes validated the target, with Hole 25RV015, a 330m step-out, intercepting 4.59 g/t gold over 1.5m.
- CEO Tim Clark noted that the results encourage further evaluation for planning future work programs to expand known gold zones at Committee Bay.
Nov 10, 2025, 11:59 AM
Fury Gold Mines Launches Eau Claire Drill Program and Updates on Kipawa Rare Earths Project
FURY
New Projects/Investments
- Fury Gold Mines Limited has commenced a 10,000-metre fall/winter drilling program at its wholly owned Eau Claire Gold Project in Quebec, focusing on resource growth and enhancing the mine plan.
- The company also provided an update on the Kipawa rare earths project, acquired in the first quarter of this year, recognizing its growing strategic importance and potential.
- For the Kipawa project, Fury is re-initiating dialogue with local community members and First Nations, and has established a new community council to evaluate next steps.
- Historical reserve estimates for Kipawa indicate 19.8 million tonnes grading 0.411% total rare earth oxides (TREO), though Fury does not currently treat these as current mineral reserves.
Oct 21, 2025, 1:01 PM
Fury Gold Mines Commences Drilling Program at Eau Claire and Updates on Kipawa Rare Earths Project
FURY
New Projects/Investments
- Fury Gold Mines (FURY) has commenced a 10,000-metre fall/winter drilling program at its Eau Claire Gold Project in Quebec, focusing on resource growth and enhancing the mine plan.
- The company also provided an update on the Kipawa rare earths project, which it acquired in the first quarter of this year, recognizing its growing strategic importance.
- The Kipawa project holds historical Proven and Probable Reserves of 19.8 million tonnes grading 0.411% total rare earth oxides (TREO).
Oct 21, 2025, 11:00 AM
Fury Gold Mines Limited Completes Brokered Private Placement
FURY
New Projects/Investments
- Fury Gold Mines Limited completed a brokered private placement on October 14, 2025, raising $18,000,150 in aggregate gross proceeds.
- The offering included 9,915,000 flow-through units at $1.21 per unit and 6,003,000 flow-through shares at $1.00 per share.
- The gross proceeds will be used to incur eligible "Canadian exploration expenses" for the Company's projects in Québec and Nunavut on or before December 31, 2026.
- Brian Christie, the chair of the board of directors, participated in the offering by acquiring 10,000 FT Shares.
Oct 17, 2025, 6:07 PM
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