FURY GOLD MINES LTD (FURY)

Fury Gold Mines Limited is a Canadian mineral exploration company focused on gold and other precious metals. It acquires, explores and seeks to advance gold projects toward potential development. The company has no mineral reserves, and its disclosures cover mineral resource estimates and exploration results. It was incorporated in British Columbia in 2008, was known as Auryn Resources Inc. from 2013, and took its current name in October 2020 following a reorganization and acquisition transaction.

The company's portfolio centres on four material mineral properties: the Eau Claire Property in Québec, the Committee Bay Project in Nunavut, the Éléonore South Property in Québec, and the Sakami Property in Québec. Eau Claire has a 2024 mineral resource estimate covering the Eau Claire and Percival deposits and a 2025 Preliminary Economic Assessment that evaluated open pit and underground mine plans, with base, hybrid and toll milling cases. Committee Bay has a 2023 mineral resource estimate, including the Three Bluffs deposit. Éléonore South has a 2024 technical report and exploration program. Sakami has a 2025 technical report and inferred resource estimate. In 2025 the company acquired Quebec Precious Metals Corp. and its projects, including Sakami and Elmer East. It also holds an indirect economic interest in the Homestake Ridge Project, and in 2022 it acquired shares of Dolly Varden Silver Corporation.

As an exploration-stage company with no production, Fury Gold funds its activities through equity financings, including flow-through share issuances. Its common shares trade on the Toronto Stock Exchange and the NYSE American. It is a reporting issuer in all Canadian provinces and territories. Effective December 31, 2025, it moved from filing annual reports on Form 20-F to Form 40-F under the Multijurisdictional Disclosure System, and its technical disclosure now follows NI 43-101 and CIM standards.

The company's operations are exploration programs, including drilling, sampling and metallurgical testing, carried out at its projects in Canada. It relies on contractors and experts, and a shared services provider supports it. The text refers to competitive conditions, seasonal and cyclical factors, environmental protection, and engagement with Indigenous and local communities. It also mentions social and environmental policies and an EcoLogo certificate.