Fury Gold Mines is a Canadian junior gold exploration company with no producing mines and no mineral reserves. Fury's entire business is exploring and defining gold resources across a portfolio of projects in Quebec and Nunavut, with the goal of growing those resources to the point where they can be sold to a larger producer, developed through a partnership, or advanced to a feasibility study. Fury generates no revenue from mining. The company funds operations almost entirely by issuing equity, with heavy use of Canadian flow-through shares — a tax structure that lets investors deduct exploration costs, allowing Fury to raise capital at a premium. Agnico Eagle holds a ~6.3% stake and has made a strategic investment partly earmarked for Fury's Committee Bay project in Nunavut. Fury's flagship project is Eau Claire in Quebec, which holds a combined Measured and Indicated resource of 1.16 Moz of gold at 5.65 g/t. A 2025 Preliminary Economic Assessment for Eau Claire contemplates an underground mine producing roughly 834,000 oz over an 11-year mine life. Fury is also advancing Sakami, a newly acquired Quebec project with an initial Inferred resource of 825,000 oz at 1.07 g/t. Fury has a lean operating model — roughly 9 full-time employees — and relies on contractors for exploration work, though drilling campaigns are still capital-intensive. Fury has also shown an ability to monetize non-core assets through project sales and holds a ~5.8% stake in Contango, valued at ~C$43M as of March 2026.