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

Cory
June 12, 2025

 

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 Fleck@kereport.com

 

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

Discussion
3 Comments
    Jun 12, 2025 12:12 AM

    Based on your track record I certainly wouldn’t argue with you Matthew but I must at least say I find it highly unlikely that suddenly everyone at once realized how undervalued Brixton is. Must be some underlying factor like a tout by someone credible or drilling hit nice visible gold etc….. but I’m not complaining lol

    Reply
      Jun 12, 2025 12:08 PM

      Wolfster, first I’d point out that we don’t know who exactly is buying. I sure wouldn’t say “everyone” realized anything. My claim stems from the significant shift in the outlook for not only gold, silver and their miners but for resources in general. I’m arguing that Brixton’s undervaluation didn’t matter nearly as much until now because few are looking for such leverage plays in down or even sideways markets. Yes, resource explorers can strike it big in any market which is probably why Brixton stayed in the $20-$30 million market cap range at its lows but now we have an emerging bull market that’s becoming quite clear to a growing number of investors, at least the smarter ones. So some investors ARE suddenly realizing the mismatch between Brixton’s (inflation-adjusted) price and its immense potential and they’re acting on it precisely because of the new outlook for such companies. Even now it is still trading at $20M less than Kootenay and the main reasons for that probably come down to Kootenay’s visibility and the simple math required to get investors excited about its silver in the ground. I might be missing something but I haven’t seen ads/banners for Brixton anywhere and even Impact hardly sports a high profile while Kootenay has been advertising on GoldSeek for probably 2 years or more and GoldSeek’s founder, Peter Spina, recently said that Kootenay is his “largest leveraged silver exploration stock investment.”
      https://schrts.co/EbuWbrbp

      Reply
    Jun 12, 2025 12:09 PM

    Speaking of IPT, it just had its best close vs SLV since December and looks ready to add to its gains immediately.
    https://schrts.co/IUvfRGNa

    Reply

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