Gold Mine PEA: $639M NPV, 84% IRR, 1.15yr Payback at only $2400 Gold explains Fury CEO Tim Clark
“The Eau Claire PEA scenarios each demonstrate an exceptional internal rate of return and net present value,” commented Tim Clark, CEO of Fury Gold Mines (ticker: FURY). “The results validate our belief that the market has significantly undervalued the project within Fury’s broader asset portfolio. With strong infrastructure in place, including access to hydro power and roads, combined with favourable metallurgy, Eau Claire stands out as a highly attractive development opportunity with substantial exploration upside, presently hosting a combined Eau Claire and Percival resource of 6.39 Mt at 5.64 g/t gold containing 1.16Moz gold Measured and Indicated plus 5.45 Mt at 4.13 g/t gold containing 723koz gold Inferred.”
0:00 Intro
0:57 Three PEA scenarios
3:23 CEO commentary
6:03 New PEA vs old PEA
8:11 Toll milling partner
10:03 Base case vs toll milling timeline
11:08 Sensitivities
12:09 76% ounces M&I
13:41 Explorer to Developer
