Fury Gold Mines – New Director Phil Baker, Development & Exploration Plans At Eau Claire
In this company update, I chat with with Bryan Atkinson, Senior Vice President of Exploration at Fury Gold Mines (TSX: FURY | NYSE American: FURY). The conversation dives deep into the strategic evolution of the company as it shifts from a pure exploration play toward becoming a developer in the prolific James Bay region of Quebec. Bryan highlights the transformative appointment of mining veteran Phil Baker to the Board of Directors and explains how Baker’s extensive experience building mines in Northern Quebec will be the catalyst for advancing the Eau Claire Project.
Key Discussion Points:
- The VRIC Momentum: A look at the massive surge in investor and corporate interest during the Vancouver conferences, signaling a “raging bull market” for precious metals.
- Strategic Board Appointments: Why the addition of Phil Baker (former long-standing Hecla Mining CEO) is a “game changer” for the company’s permitting and development trajectory.
- Development Milestones at Eau Claire: An overview of the 2026 roadmap, including new metallurgical studies, environmental permitting, and the hiring of a dedicated community liaison officer.
- Aggressive Drilling & Resource Expansion: Updates on the +12,000-meter drill program focused on converting 700,000 ounces of inferred resources into the indicated category to support future feasibility studies.
- The “Sum of the Parts” Valuation: A breakdown of Fury’s unique financial position, featuring $20M in cash and a significant equity stake in Dolly Varden Silver (DV), which leaves the Eau Claire project trading at a deep discount compared to Quebec peers.
- Regional M&A Activity: How recent major moves by Osisko, Dilmar, and Zijin Mining in the James Bay region highlight the strategic value of Fury’s high-grade assets.
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 – https://furygoldmines.com/
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Gold is up over $200 US today as I speak. The US dollar is getting kicked to the curb. This is madness FOLKS! Most people including the investors are going to start feeling the pain as the economy unravels. You can’t escape when Gold starts going up $200 a day. There will be a giant sucking sound as the economy goes down the drain. LOL! DT 🦹♀️🦹♀️🦹♀️
Gold is now up $240.38 US! The writing is on the wall. DT
I wouldn’t trust a stock that is driven by investors buying and selling on The Australian Exchange, it is the Wild West of investing! DT
SOLD 15% position – ASM – @ $11.32