Fact Sheet - March 2024

Exploring for High-Grade Gold in Canada

Fury Gold Mines is a Canadian-focused gold exploration company strategically positioned in two prolific mining regions: James Bay in Quebec and the Kitikmeot Region in Nunavut. Our vision is to deliver shareholder value by steadily growing our multi-million ounce gold portfolio through additional significant gold discoveries in Canada.

Analyst

Coverage

Committee Bay (100%)

Nunavut

Éléonore South (100%)

Quebec

Eau Claire (100%)

Quebec

Dolly Varden

Kitsault Valley Project

Canada

British Columbia

Vancouver

Montréal

Toronto

Why Invest?

Proven team

Growth assets

with actionable knowledge

adding gold ounces to grow

and experience

current resources

High-grade gold

New discovery

risk-reduced exploration

Multiple opportunities for

strategies in stable jurisdictions

large discoveries in Canada

Upcoming Events

  • Capital Events Conference - Scottsdale - April 19-21
  • Precious Metals Beaver Creek - Beaver Creek - September 10-13
  • XPLOR Convention - Montreal - October 28-31
  • Precious Metals Summit - Zurich - November 11-12

Share Structure

As of October 3, 2023

145.5MBasic

Outstanding

7.5MAvg. $1.20

Warrants

10.0MAvg. $1.23

Options

163.0M

Fully Diluted

Investor Contact

1630-1177 West Hastings Street

Vancouver, BC

Canada V6E 2K3

Tel: 844-601-0841

Email: info@furygoldmines.com

TSX | NYSE-A: FURY

furygoldmines.com

Our Projects

Eau Claire

Ownership:

100%

Location:

James Bay Region, Quebec

Stage:

Advanced exploration (PEA level)

Resources1:

Measured & Indicated - 808k oz @ 6.65 g/t Au, Inferred - 458k oz @ 7.48 g/t Au

Highlights:

▪ Extending mineralization by over 25% to the West at Eau Claire

▪ Completing a 18,800m drill program at Eau Claire

▪ Intercepting 1.5 m of 279 g/t gold at the Percival Main target

Éléonore South

Ownership:

100%

Location:

James Bay Region, Quebec

Stage:

Exploration

Highlights:

9 discrete gold and pathfinder element

anomalies identified for drill targeting

in 2024

Committee Bay

Quebec

Éléonore Mine Newmont

Eastmain

Greenstone Belt

Greenstone

Abitibi

Belt

Québec City

Montréal

Lidge

Reservoir

EléonoreMine

Eléonore South

57 km

Eau Claire

Lac Clarkie

Ownership: 100%

Location: Kitikmeot District, Nunavut

Stage: Exploration (NI 43-101 resource level)

Resources2: Indicated - 524k oz at 7.85 g/t Au Inferred - 720k oz at 7.64 g/t Au

Whabouchi Mine

Nemaska

Nemiscau

Lithium

Legend

Cities

735-kV substation

N

Other mines

735-kV line

Airports

Powerline

Hydro stations

Fury key property

25 km

(300 MW or more)

Fury exploration projects

Roads

Homestake Ridge Involvement

  • Exposure to BC's Golden Triangle
  • Fury owns 59.5M of Dolly Varden shares currently valued at C$48.2M (As of January 9, 2024)
  • Dolly Varden Ownership (approximate):

Institutional (47%)

Hecla (15%)

Fury Gold Mines (22%)

HNW (7%)

  • Eric Sprott (9%)

Dolly Varden

Kinskuch

Alice Arm

Kitsault

10 km

Management

Board of Directors

Tim Clark CEO & Director

Brian Christie Chair

Tim Clark

Phil van Staden CFO

Jeffrey Mason

Saga Williams

Bryan Atkinson SVP, Exploration

Steve Cook

Michael Hoffman

Isabelle Cadieux

  1. See Eau Claire NI43-101 report "Technical Report On The Eau Claire Project Quebec, Canada" dated August 30, 2023 filed under Fury's profile on SEDAR+. Cut-off grade 0.5 g/t Au open pit cand 3.0 g/t Au underground.
  2. See Committee Bay NI43-101 report "Technical Report On The Committee Bay Project, Nunavut Territory, Canada" dated September 11, 2023 filed under Fury's profile on SEDAR+. Cut-off grade 3.0 g/t Au open pit and 4.0 g/t Au underground.

Fury's SVP Exploration, Bryan Atkinson, P.Geo., and its Exploration Manager, David Frappier-Rivard, P. Geo., are the Qualified Persons who have reviewed the technical contents of this document.

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Disclaimer

Fury Gold Mines Ltd. published this content on 05 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 March 2024 09:08:04 UTC.