Fury Gold Mines highlights Eau Claire PEA with after-tax NPV5% of C$554 million, IRR 41%

Reuters2026/09/11 20:14

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Fury Gold Mines outlined plans to advance the Eau Claire gold project in Quebec, centered on development work and continued drilling.
Eau Claire mineral resources: 1.16 million oz measured and indicated at 5.64 g/t Au; 723,000 oz inferred at 4.13 g/t Au.
PEA base case for Eau Claire: after-tax NPV(5%) C$ 554 million; after-tax IRR 41%; initial capex C$ 217 million; AISC US$ 1,140/oz.
Corporate snapshot: market cap C$ 154 million; 190,100,000 shares outstanding; treasury C$ 6.3 million cash; C$ 53.9 million marketable securities.
Portfolio optionality highlighted by Committee Bay resources in Nunavut: 524,000 oz indicated at 7.85 g/t Au; 720,000 oz inferred at 7.64 g/t Au.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fury Gold Mines Ltd. published the original content used to generate this news brief on September 11, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Fury Gold Mines highlights Eau Claire PEA with after-tax NPV5% of C$554 million, IRR 41%

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