A big deal in B.C.’s Golden Triangle gives Fury Gold Mines (TSX: FURY, NYSE American: FURY) a lot of flexibility. CEO Tim Clark spoke to Kitco last week.
In this interview, CEO Tim Clark and Chair Ivan Bebek discuss the just-closed C$11mm financing and recently commenced 15,000m drill program at Fury’s flagship Eau Claire deposit in the James Bay Region of Quebec.
Fury Gold Mines’ presentation at the Swiss Mining Institute Conference on March 22, 2022.
Tim Clark, CEO and Director of Fury Gold Mines joins the Korelin Economics Report to recap the February news releases, including drill results from Eau Claire and Committee Bay and the closing of the Homestake Property sale to Dolly Varden.
Kerry Lutz sat down with Fury Gold Mines’ Chair Ivan Bebek and CEO Tim Clark for a sponsor update. Fury’s sale of its Homestake Ridge Silver/Gold project to Dolly Varden Silver is now complete. Fury received CAD $5 million, 76.5 million in DV shares and two board seats. Fury’s resulting enterprise value will be in the $40 - $45 million range.
Fury Gold Mines just announced that it has appointed Tim Clark, a current director of the Company who also serves on the Audit committee, to the position of Chief Executive Officer and Director replacing Michael Timmins. Mr. Clark brings 23 years of global capital markets experience with numerous major US, European and Canadian banks. Over the years, he has developed strong working relationships with Tier 1 institutional investors throughout the United States providing corporate strategy, and peer and financial analysis and insights on corporates within the materials, commodities and mining sectors.