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Fury Gold Mines - Strategic Agnico Eagle Investment and Multiple Drill Programs Upcoming In Nunavut and Quebec

Author
KE Report
Published
Thu 12 Jun 2025
Episode Link
https://kereport.podbean.com/e/fury-gold-mines-strategic-agnico-eagle-investment-and-multiple-drill-programs-upcoming-in-nunavut-and-quebec/

In this KE Report company update, we’re joined by Tim Clark, President and CEO of Fury Gold Mines, and Bryan Atkinson, SVP of Exploration, to unpack a busy year ahead.


The conversation starts with a key milestone: Agnico Eagle’s $4.3 million strategic investment in Fury, signaling growing institutional confidence and a renewed focus on the Committee Bay Gold Project in Nunavut. Tim outlines why the structure of this deal, an equity stake rather than a project specific investment, preserves upside while aligning Fury with a major regional player.


Bryan then shares details on Fury’s upcoming 5,000-meter drill program at Committee Bay, marking the first drilling since 2021. The program targets high-grade extensions at Three Bluffs and brand-new regional shear zones with strong discovery potential.


 


The update continues with Fury’s growing Quebec portfolio, including:



  • Sakami Project - Drilling begins imminently, targeting confirmation and expansion of a broad gold zone.




  • Eau Claire Project - High-grade, road-accessible gold deposit with existing M&I resources and room to grow.




  • Comments on strategic positioning around the Éléonore Mine, now owned by Dhilmar, and what this means for consolidation prospects.





As a recap… Drills mobilizing in 10 days. Three major programs planned. High-grade targets across the board.


 


If you have any follow up questions for Tim or Bryan please email me at [email protected]


Click here to visit the Fury Gold Mines website to learn more about the Company and read over the recent news.

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